💰 Pyramid take-profit: taking profits in batches is the best weapon against greed


When the market hits your target, you’re reluctant to fully close. You want it to go up a bit more. Then a pullback comes and you give all the profit back.
How to break it?
Use the pyramid take-profit method:
• When you reach the first target: close 50% of the position, and move the stop-loss up to breakeven. At this point, you’re already in an unbeatable position.
• When you reach the second target: close another 30%.
• The remaining 20%: let the profits run—use a trailing stop-loss to go after excess returns.
💡 Today’s quote: Don’t always think about taking the whole way from the fish head to the tail. Once you’ve caught the fish body, you’ve already beaten 90% of people.
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DryValley
· 3h ago
Bull Run 🐂
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