Strategy for taking profits during pump (palmbeach confidential)

[kriptokrayt]

Greetings all


I have never been "part of a pump" before but will participate in this coming Monday's PalmBeach newletter once they reveal the coin


And after doing some research on the previous pumps it seems like the proper time to take profits is around 90-120%

So in order to play it safe is there a reccomended formula people have found works best? Like take 1/3 of profits at 90% then 1/3 at 110% and then the last 1/3 at some point above those two previous points?



all feedback is appreciated and welcome

[1713582390]

1713582390

[1713582390]

1713582390

[PrisonerOfLies]

If I have figured out a strategy, I would not be sharing it

[tdeannova]

Greetings all


I have never been "part of a pump" before but will participate in this coming Monday's PalmBeach newletter once they reveal the coin


And after doing some research on the previous pumps it seems like the proper time to take profits is around 90-120%

So in order to play it safe is there a reccomended formula people have found works best? Like take 1/3 of profits at 90% then 1/3 at 110% and then the last 1/3 at some point above those two previous points?



all feedback is appreciated and welcome

yes.. that's the right thing and often I do when trading. if I trade do not sell all in one price, but the same as you say. 1/3 50%, 1/3 75%, 1/3 100% or 1/2 75%, 1/2 100%, 1/2 125%, 1/2 150%. all this depends on our trading analysis and always different each trading session.

[iffeanyii]

loool, i will be a weak hand and take profit @50 %

[silentdth]

no strategy at all, man. Just follow the whale, that's my tactics

[traderethereum]

loool, i will be a weak hand and take profit @50 %

you are right, we need to determine how much percentage we want to take from once coin and how much we trade that coin in a day so we can avoid for being greedy. if the coin can reach until 50% from the price before then we can take profit by selling the coins and i am sure that the coin will be make correction like what bitcoin did.

[JimmyGTO]

I read that coin is Dash for November, cant remember where I read that though.

[alihassan99]

yeah your strategy is good.. i myself sold 1/3 at 50% up and others on further pump.. i even bought coins during pump and sell them at good profit even after 10 min because when the pump start sometime you can get a handsome profit even after 10 mins.. best of luck

[joniboini]

yeah your strategy is good.. i myself sold 1/3 at 50% up and others on further pump.. i even bought coins during pump and sell them at good profit even after 10 min because when the pump start sometime you can get a handsome profit even after 10 mins.. best of luck

how can you buy and sell it at the right time? i always lose at pump because so many people are faster than me lol. guess i need to learn more then.