Do you often find yourself in a dilemma: should you lock in profits immediately or hold your position and let the profits continue to run?

Greed takes over, unwilling to cash out and secure gains, leading to giving back all the profits you’ve made; fear sets in, closing early and exiting the market, only to see the price surge again, leaving you with regret.
Remember: how much profit the market can bring is unpredictable, but the extent of losses or profit retracement can be actively controlled, so strict adherence to take-profit rules is essential.
Is there anything wrong with the idea of “letting profits run”? Not necessarily, it mainly depends on the trading scenario:
1. In a light position, follow the trend and be patient, holding the position to allow profits to continue expanding;
2. In a range-bound market, buy high and sell low, with limited market space, it’s suitable to take profits when the trend looks good and close positions promptly.
Practical solution: Trailing stop-loss. For example: exit immediately after a 5% retracement when profit is 20%; decisively close when profit reaches 40% and a 10% retracement occurs.
Ultimately, the balance point between take-profit and holding positions has never had a universal standard answer; it still depends on your trading system’s positioning and trading style.