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/biz/ - Business & Finance

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20737683 No.20737683 [Reply] [Original]

Serious thread.

I'm a day trader and I have a big problem: when some trade is green I always cut them so fucking quick. I'm good at detecting when the price is going up but i can't let the price go up without selling.

Literally sometimes I sell at +1% when the price almost achieves +40%.

I know this is a common problem, how the fuck i solve this shit

>> No.20737700

>>20737683
I wish I had that. I get 50-100% profit and I don't sell. rip

>> No.20737852

>>20737683
Profit is profit anon. Set a stop at where you would sell, then let it run.

>> No.20737933

>>20737683
Sell in increments, you don't have to sell all at once you know. Implement new techniques. sell 1/4 at 1% gain, then 2/4 at 2% gain and the last 1/4 at 3%. Doesn't have to be like that but you get my point, make it work the way you like

>> No.20738137

>>20737933
Mmm that could work.

I also thought to ALWAYS put a stop loss at -1% and the take profit at a minimum of +2% but volatility fucks you.

Yesterday I sold at +0.7% and the price then went up to +40%, i'm starting to get fucking mad.