I feel when it is about taking profit or protecting trading capital; it does not need much studies or strategies; its really easy to be honest. As a trader et investors; you must have done your research and have a target price and stoop losses figured out already. Instead of studying how to take profit; trade without emotions such as greed and fear. That way you are able to make the right decisions every time, every trade.
looks easy. but to be honest, sometimes it becomes difficult to be consistent with what we do. emotions we cannot control properly. especially for a beginner, crypto trading and investing is something that makes us unable to sleep well. fear of loss and greed are natural attitudes that everyone has when they start to panic seeing the market change.
Correct! it's not that easy as what we usually read as when we are already in the shoe those emotions affects us.
The decision making is very tough as most of the time even we do have plans and strategy to follow the patterns there are things that
influenced our decision making, we sometimes apply the right attitude but there's still time that we will be conquered by our greed and fear placing our position to it's critical places.
