Weak or wise?

[Stepstowealth]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

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[Wind_FURY]

A weak trader trades based on his emotions. Because he doesn't want the "profit" - on paper become a "loss", the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again.

Does anyone want to be a weak trader? I believe not, BUT we plebs are all probably the same. That's why I stopped "trading" and started HODLing Bitcoin. All weak plebs should HODL too.

[jeraldskie11]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

It depends on the trader. If the trader keeps closing a trade even though the profit is less than 1R he is a weak trader. But if a trader closing above 1R, probably he is a wise trader.

Weak trader don't fully trust their trading plan, maybe he didn't do enough backtest on it. But a wise trader, know when to exit not because they afraid of losing but because they see that the market will go against you.

[bayu7adi]

In the past, I'm is type of trader you mentioned, selling out of fear that the price wouldn't go any higher. This happened with altcoins a few times. Even though the profits aren't significant, my trading math isn't strong enough to overcome my emotions. Now, I've chosen to set targets when HODLing Bitcoin. Bitcoin is the only asset I hold for the long term because it's the best. I have target to sell all of my BTC, which would give me enough money to buy something I've been dreaming of, especially since I've been DCA since it was around $20k.

I really want to buy a property for my small family's living space. Well, everyone needs a home, and it's a great honor to own one. This way, I can restart my Bitcoin journey after having a decent place to live. My resolve is strong, and I'm not easily swayed by FUD because of this goal.

maybe some people also have strong resolve when they have a clear goal, much like I do.

[tbct_mt2]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You don't have to be a weak or a strong trade to get profit.

The vital line is you know how to protect your capital. It's how you are strong in trading. If you can not protect your capital by cut loss to close your position and exit the market, you are stupid.

Does it make sense if you are too strong by holding your position for days, weeks and ignore all risks, then at the end, you lose money by market crash, margin liquidation?

It is not strong but stupid trader.

People can call you as a weak trader by closing your position than wait to get profit but if it means you have to take higher risk, you should not follow them. You are a weak trader in their eyes but if you successfully protect your capital, it's just fine. It is your money, not theirs so they are free to say whatever they want to satisfy their ego.

[God bless u]

Certainly! I think it is clever choice to exit on a time when you see any profit taking opportunity and secure this profit on a time.. A little wait might gives you more profit but it is not guaranteed.. Market will not work according to your strategy and there is possibility that your trade oppos your strategy.. I think exit before the target is sometimes essential for risk management.. Exiting from one trade doesn't mean that now we will not take any other trade.. We will now look for another opportunity which more favourable and we will lock our fund once again in other trade.

Remember, changing strategy according to market conditions and securing profits when needed showcase your ability that you are strategic trader..I think this decision is not about weakness.. it's about making wise decisions to make more secure your investments.

[tbct_mt2]

Certainly! I think it is clever choice to exit on a time when you see any profit taking opportunity and secure this profit on a time

You have to consider to exit when you see profit or see risk of loss.

Profit you see is only on screen, on paper and it is unreal if you don't close your position to take profit. It is a first step and another step to make it becomes your actual profit is cash it out or withdraw it from your exchange account to your non custodial wallet.

Reminder: do not keep your money in online accounts

When you see risk of loss, you must seriously consider to exit your position and wait for another chance to enter the market and chase for profit.

[Patrol69]

We all claim to be traders and we can claim to be traders but how many of us can claim to be a wise trader. Most of us traders don't feel much need to research the market, they usually trade with some volatility in the market. Although common traders trade in this way, the wise traders think several times before taking a trade and research the market several times to see which direction the market may go if they take the trade. They take trades only if something positive comes out of their research. 

Being weak and wise are two different things when it comes to trading. It's okay to be weak in the sense that we don't have the courage to trade because we have no idea about trading. For this reason if a trader is weak then he does not risk his money. All of us Tedders need to know about trading well and then start trading.

[Text]

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Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

For me, it's a prudent decision to exit a trade early with some profit. It's about securing gains and mitigating potential losses, considering that we are in volatile markets where conditions can change rapidly. As a wise trader, recognizing that the market is unpredictable, it's better to lock in profits as a strategy. There were times when I preferred to stick to my TP levels and believed in long-term analysis. However, discipline and patience did not align with my preferences, so taking such risks could release potential profits.

[Coin_trader]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This is a case to case basis depending on different factor.

Weak Trader:
-If you take profit just because you are a bit excited because the price move after you purchased without analyzing the price chart if it’s still just the beginning.

Wise Trader:
-If the market is already reach a resistance or there’s a negative news that you knew that the price will be affected heavily. This time, Taking profit is really good because you already gain some despite it didn’t meet your target since you can always open new position once smoke is clear which you will knew if you analyze the chart.

Remember that taking profit early is still much less painful than taking loss while you already have the opportunity to gain profit.

[Hypnosis00]

Wise traders often gain success while these weak traders often fail. However, quitting doesn't always mean that we are weak, sometimes we have to do this especially if we never see any profit anymore.

If we could think deeply, about why we should do this and spend time without any good result while quitting will help us save ourselves from losing and we save time as well. In the end, it was not a wrong decision but a wise decision. And this will also remind us that not all the time that trading is profitable as losses are also possible depending on the market condition.

[GreatArkansas]

(....)
Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This really depends, like based on your plan. Let's say you already entered a trade and you already set your take profit price and stop loss price but suddenly the price action went in a different direction, different from your expectation, so this time you can close the trade in profit even if your target price is still not reached. If that is your reason, then wise. If you don't have any basis, then weak.

[michellee]

Greed will come to the trader and tell him to keep waiting for the price to rise higher. But the reality is that the price can immediately decrease without notice, so we lose the opportunity to make big profits.

Gamblers are weak because they cannot control their emotions in trading. They are always influenced by what is happening in the market and cannot adapt to what is happening in the market.

By always studying trading analysis, at least we will know when we enter and exit the market. We can avoid greed and take advantage of the benefits we have obtained.

[Fara Chan]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

It depends on a trader's wishes, whether he will continue trading without taking the profit he has seen before his eyes, or will instead exit the trade by saving the profit he has made. Personally, I prefer to trade continuously as long as I can make a profit because the purpose of trading is to make a profit, but because it is uncertain and cannot be predicted accurately, of course choosing to take profit by exiting the trade is also not a wrong choice. Although remaining in trading with a larger profit target is also quite wise for a trader.

[barisbilgili]

Greed will come to the trader and tell him to keep waiting for the price to rise higher. But the reality is that the price can immediately decrease without notice, so we lose the opportunity to make big profits.

Gamblers are weak because they cannot control their emotions in trading. They are always influenced by what is happening in the market and cannot adapt to what is happening in the market.

By always studying trading analysis, at least we will know when we enter and exit the market. We can avoid greed and take advantage of the benefits we have obtained.

Everyone who trades will of course experience a lot of things like what you mentioned, but we have to be able to overcome them by remaining in control of ourselves when trading, so that we don't miss out on the profits we have made so we have to wait for them to come back to get those profits.
When we have done trading, of course we have to keep learning trading and we also have to be able to control ourselves when trading.

[mk4]

It's not one or the other — it's purely situational.

Idea was to open the position for quick small profit? Wise.
Idea was to hold the position up to a certain price but took profit early? Weak.
Idea was to hold the position up to a certain price but took profit early because the situation has changed? Wise.

[Russlenat]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

People trade for profits, so if profits are already achieved, then it's normal for traders to make an exit. Even though you don't get to achieved the maximum profits you set in your trades, as long as you're not losing, for me it's a wise trader. However, if you trade and lose and you decide to exit from your trade, for me that clearly shows that you're a weak trader. As long as you are not suffering from consistent losses, then I don't see it wise to exit from a trade, but hold your coins and wait for the right timing to exit from your trade.

However, traders have different point of views. If they think that would cut their future losses, then maybe exiting from a trade is a good option. But if you trade to gain maximum profits, then it's wise if you analyze the market well and trade only when the market seems to favor your trades.

[tjtonmoy]

I would say totally depend on the situation that you are in. Also, what kind of strategy or strategies you are using for analysis and calculation. For example, you have done your analysis and the market is moving according to your calculation. But suddenly the news breaks out, and the market could move entirely the different direction. Or it could be a good news which will push the market upward more. In case it's like this, you need to change your strategy and adapt to the situation you are in.

The crypto market does not always move based on calculation and analysis. There are sentiments as well. It can highly influence the market thus we need to use strategies to minimize our losses and maximize or profit. But it is also important to stick to the plan to avoid getting emotional. If you are comfortable with your profit then you should stick to your original take profit target. If the market is going to move opposite direction and you are already in a profit then it is wise to close the trade and take the profit.

Search simple it depends on situation you are in. But if you are not in a situation where you don't have to change the plan, if you do it then it should be called weak.

[taufik123]

Idea was to hold the position up to a certain price but took profit early? Weak.

Those who are too weak do not use their strategies well, and only maintain their initial positions,
but do not have the courage to stick to the already targeted price.

They are too weak to hold at peak prices, this is also because their trading psychology is not trained.
Even some weak traders like this sell their holdings at a loss because they panic too much with the downturn.

[Lanatsa]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

When it comes on having that own personal trading targets or goals then its a must thing to have and doesnt matter whether you are really that continuing or would really be calling it a day. Securing profits is ideal
but there are really times on which us traders does really go further more. Why? because we do feel out that we can really still make more.Getting further doesnt mean that you are greedy but rather a sort of but
once you are really that confident with your trading skills then it would really be that something that could really be the reason on why you would really be proceeding into.

Dont think about being weak or strong because as a trader then changes and decisions would really be that could be altered if its needed.
Dont mind about those things along the way because it s really just that normal that adjustments and alterations could happen. As long you do see that
you could really be able to benefit out then this is something which is really that a normal approach.

[TheUltraElite]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

What do you mean by "waiting for the end" - if a order is placed and that order gets filled the trade is over and the person can open another one. If they have a target and that target is fulfilled/crossed they should exit to profit unless they change their target again. You dont watch the market cycle and recycle - there is no end to a movement unless you define one.

A diligent trader is one who books profits, buys back at low and carefully choose the target buy/sell. If they change decisions in the middle, it does not mean they are weak or wise - that only time will tell and they will judge this on their own and not the bystanders.

[Hamza2424]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Hmm, whether it is taking profit or fear of losing in the trade all this is based on emotions, if a trade is emotionally strong he'll definitely be a wise and successful trader.

A friend of mine used to say most of the time we do hurry in booking profit and this is because of our negative attitude towards the trade and in the losing trade we wait till the dead end. To be a smart trader better fully depend on your analysis and have some confidence if you lose it will directly increase your analysis efficiency and in the future, you'll be a good analyst and trader.

More on this market sentiments also trigger emotions and as a noob trader, I would like to add whatever we recommend how strongly we try to pretend to be like an emotionless trader, the market somehow always manipulates you.

[Sim_card]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

It is better that I take little profit and close the trade than I allow greed lead me to loss. You might think that the profit is small but the important thing is that you made profit. The little profit that you have seen is far better than the big profit that you have seen but expecting to see it.  This is why I wouldn't say that it is due to weakness but because you are after not securing loss. The painful thing is when to think to the south and the market turns north, this is why trading secure more of loss than profit because it is difficult to know where the direction of the market in the next minutes.

[target]

Securing the profit is wise. But he should also look into the next day where his entry point will be. The market doesn't stop when he takes the profit. The term weak was used for those who are dumping, or selling out because of the fud that's what I know, and still used today in stocks for weak and diamond hands.

There is never really a way to maximize TP but you can at least take profit as soon as you see the price is almost the ATH.

[Nrcewker]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

At what time you exit from the trade, doesn’t decide whether you are wise or not. A wise trader always go for trades with capabilities and always set a target. Once the target is achieved he just exits the trade. A wise trader is the one, who understands the risk and don’t go for long in greed. If you can master these things, then definitely you can make good profits or atleast less losses. These types of wise decisions help to trade and make good profits.

[jaberwock]

A weak trader trades based on his emotions. Because he doesn't want the "profit" - on paper become a "loss", the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again.

Does anyone want to be a weak trader? I believe not, BUT we plebs are all probably the same. That's why I stopped "trading" and started HODLing Bitcoin. All weak plebs should HODL too.

It is like they are creating their own rules. Trading based on emotions? What the heck is that, lol. Trading is supposed to be based on the market only, or to the movement of the coins. If they don't want the profit, then what is the purpose on why they are still trading? Only to have fun? . This is not like a gambling where we can enjoy even if we are on the losing side, although they can get an experience here and they can use it to improve their selves, if they decide to be a profitable trader next time.

No one wants to be a weak trader for sure. It's just that it can come naturally for the most of us. It's not a reason though to stop trading. Even in hodling or investing, we can also experience to be weak. It was only easier though to bounce back in it.

[cafter]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

no one can know when will be the "end" like we say no one can predict the top and bottom of the market like this you can not hold your trade till the end.
I exit my trade after hitting my take profit or stoploss, just sometimes a hold the trade after reaching take profit when i see the trend is strong.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

wise trader is who always follow this plan exiting a trade according to his plan and entering a trade when his plan or strategy tells him. not by seeing some quick candle spikes.

[ZAINmalik75]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I will consider it a wise trader if the title matters a lot to you, but it should not be because there is no universal single definition of wise or weak traders; therefore, you will not find any single explanation for your answer. The only thing that should matter for you is the profit and loss ratio with respect to the risk you are taking.

To explain my answer, I will say a wise trader is the one who doesn't take extra risk and instead tries to book profit as much as he can. For example, if you invested $100 and made a $200 profit on your $100 investment, now you have a total of $300. What you will do, I will suggest, is book your investment of $100 that you have made, or maybe 30% or 50% profit also, but if you think your trade has more chances, then you can take the risk with the remaining %70 or %50 percent.
The waiting for an end must depend on your analysis; doing it blindly will bring you towards losses.

[Finestream]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

As long as you are already in profits, then I have no issue with that even if you make an early exit. That's your choice and I'm sure some situations may force you to do that and for me that's understandable. No matter how strong our solid plan in the beginning, there's always chances that we need not to stick for it not because we simply don't want to, but there are some factors or situations that suddenly arise and we have no control about it.

For me, you are wise with that decision. You only become weak when you trade and do early exit even if you are still losing. That shows that you don't have the qualities of a good and successful trader, so its better to leave trading while you're still able to control your losses.

[Abu-Naim]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Why will I accept being a weak trader? Weak traders don’t use their knowledge to trade, and anyone who can’t use what he or she has acquired to get what they want will definitely need more guidance in what they are doing since they follow their feelings to do what they want. However, do you know that weak traders hardly gain from their trading? This is because they are too weak to utilise market stability, which is not working in this industry. Weak traders trade based on how they feel, and they easily get emotional when the market goes to the other side, so they sell even if they will gain nothing. So for me, I will try as much as I can to adapt and get what I want from my trades.

[Vaculin]

Securing the profit is wise. But he should also look into the next day where his entry point will be. The market doesn't stop when he takes the profit. The term weak was used for those who are dumping, or selling out because of the fud that's what I know, and still used today in stocks for weak and diamond hands.

There is never really a way to maximize TP but you can at least take profit as soon as you see the price is almost the ATH.

There is really no weak or wise in trading, because if you happen to be weak, you have no chances to survive the first phase of your trading most especially that it's in here where you are faced with bigger challenges in trading. The fact that you overcome those barriers in trading, simply means that you are just right in trading.

In times where  you make an exit from your trade, most likely you are already satisfied with your current profits and just leave the future profits for your next trade. No need to specify if you are weak or wise, because once you decide to enter trading, you're in for bigger challenges and combatting those makes you a great trader.

[Stalker22]

~
Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You know, getting out of a trade when you have made your target money instead of waiting around for the perfect trade thing isnt actually a bad move at all.  I do not think it means someones a weak trader or anything.  If you think about it, pulling some gains off the table shows you have got your head screwed on right when it comes to managing risk.  I mean, the markets can turn real fast so locking in those profits means you dont end up losing your shirt if things go south.  This game aint always about nailing the perfect trade anyway and  more like its about using your wits  to make the right calls.  So I would call that smarts, not weakness!

[Issa56]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

When trading, you have to learn to take profit. Sometimes, even if that's not what you want, you might be in profit now, if you don't take the profit, maybe in a few minutes you will be in loss. Whenever you are not sure about the market condition, it's better to just take the little profit you have made and wait till you notice that the market is balanced again before entering again. If you are the type who will always wait for your TP, there are times when you will miss the opportunity to take your little profit and you will end up selling at a loss.

[Kasabus]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

It is better that I take little profit and close the trade than I allow greed lead me to loss. You might think that the profit is small but the important thing is that you made profit. The little profit that you have seen is far better than the big profit that you have seen but expecting to see it.  This is why I wouldn't say that it is due to weakness but because you are after not securing loss. The painful thing is when to think to the south and the market turns north, this is why trading secure more of loss than profit because it is difficult to know where the direction of the market in the next minutes.

The essence why we trade in the first place is to acquire profits. And when we see even small profits, for me that could be a good sign to sell and exit a trade and just buy back again when the price hits low. But if you aim for bigger profits, then continue to trade. You will never achieve good amount of profits if you never pursue trading regardless if the market is favorable or not to trade. As long as you are an experienced trader, you know exactly how to win your trades despite of the negativity of the market.

[Wexnident]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Most people usually have a goal set on their shorts which is usually calculated from what I can assume a lot of factors. They usually wait for it to go past that price before exiting instead of exiting when they made profit to maximize everything. That's what I'd call a wise trader. A weak trader is simply leaving while taking profits, no matter how much. Now that would be me and why I hate trading after realizing that.

A weak trader can be a wise trader if they start realizing how inefficient they are, not to mention they probably accumulate more losses instead and so try to look for other strategies possible, in my case I started DCA instead. Less profit, but hey, it does its job.

[Assface16678]

There are different scenarios. If a trader is confident with his trade and decision and he has enough knowledge and experience in trading, he will wait for the set TP to take profit or the SL to stop loss, but sometimes that's not the case. If TP and SL are just the margis, they can wait for the price to hit in either one of them, or a trader could close the trade early if he saw that the trade had gained some profit or a reasonable amount of profit, or if by any chance that the data or the movement of the market go against their analysis, they could minimise the loss.




But for wealth traders, they will close the trade if they do not have enough experience and knowledge in trading, and because of their emotions, they are easily nervous and scared if they see their trade going down, which is sometimes part of the market movement. Beginners in trading tend to do this.

[Captain Corporate]

It is not about the result you get from a single trade, its about making a long term profit making system for yourself that will decide if you are a weak or a wise trader. I personally do not see the current situation changing all that much, and in the end we are talking about a situation that could benefit you if you are a wise trader over course of many years. Any trader could end up making a good trade, even a %100 profit doubled my money sort of trade, that doesn't mean that you are a wise trader, it just means you got lucky, however if you keep making %25+ per year, doesn't matter if its %26 or %100, if you make that per year on average then you are a wise trader.

[mirakal]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

 While trading creates wise and smart traders, there are still instances that make a trader weak. But with the given situation OP, I guess exiting a less profitable trade does not make a trader weak. He is just taking the assurance that he will not suffer from losing a trade if he will cut his trade and exit. Well, every trader has its own choice when to start or exit a trade, and as long as the profits is already there, that trader is still making a good and successful trade.

But if we can maximize the profits in trading, the better. The problem is we can't predict correctly what's about to happen in the market the moment we decide to trade, the reason why if we are currently seeing good amount of profits, then its better to make an exit in trading. Otherwise, your expected profits will suddenly turn into losses and that's something we don't want to happen.

[gunhell16]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I think that whether you are weak or smart traders is not the issue from what I see in the question you asked, dude. The more important thing is that you know what your purpose and goal are in performing trading skills here in the crypto business.

Because the confidence of a trader in his trading activity is different compared to his feeling that he is confident, these two are different. Of course, in trading with confidence, this is when you are confident in what you are doing and you don't feel any doubt. because you know that you will get a profit because you know if it is possible to happen based on the analysis you did or saw, compared to feeling uncertain about what you did or doubting that you feel.

[TelolettOm]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

To be a wise trader is much better than being too brave without any considerations. In terms of trading, there is such a thing as careful calculation and consideration based on several things or factors. Trading is not something to prove that when you stop it means you are weak and when you continue it means you are strong. that's not the basic principle. However, when you know the right time to stop or continue, that is what makes you wise and strong, with a basis for consideration. because this is also implemented to manage risk in trading. So, don't just be brave without various considerations from various analyzes.

[HONDACD125]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I think there may be various reasons for this, sometimes a trader has a fear of a market crash when he gets a decent profit , due to which he closes his trade. It often happens that the market doesn't go as far as we think the market or our profits will go, and our profits are lost. Like traders who take their profit before time and exit the market you can call them weak traders but I think they are wise in terms of their decision.

This is because if he is exiting the market with less profit then if he has no problem then we should not be concerned, because he is still in profit. If someone takes a losing trade then we should call him a weak trader. However, every trader has his own mindset according to which he trades. Some people invest all their capital in one trade, and some people invest 10 % of their capital in one trade, so people who invest 10 % of their capital cannot be called weak, because he is doing the right trade according to his thinking.

[Wind_FURY]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This is a case to case basis depending on different factor.

Weak Trader:
-If you take profit just because you are a bit excited because the price move after you purchased without analyzing the price chart if it’s still just the beginning.

Wise Trader:
-If the market is already reach a resistance or there’s a negative news that you knew that the price will be affected heavily. This time, Taking profit is really good because you already gain some despite it didn’t meet your target since you can always open new position once smoke is clear which you will knew if you analyze the chart.

Remember that taking profit early is still much less painful than taking loss while you already have the opportunity to gain profit.

Another characteristic for both the weak-trader and the wise-trader are, the weak-trader has too much love for his money and he/she is afraid to lose it. To have the conviction to invest and see the whole investment through, we need to separate ourselves from such emotions. For the wise-trader, he/she studies and does his/her own research on the intended asset. That's probably why wise-traders have more conviction to avoid the mistake of selling the asset too early because he/she knows that current market value isn't the real asset value.

[justdimin]

Greed will come to the trader and tell him to keep waiting for the price to rise higher. But the reality is that the price can immediately decrease without notice, so we lose the opportunity to make big profits.

Gamblers are weak because they cannot control their emotions in trading. They are always influenced by what is happening in the market and cannot adapt to what is happening in the market.

By always studying trading analysis, at least we will know when we enter and exit the market. We can avoid greed and take advantage of the benefits we have obtained.

But it could also rise too, who knows? I mean if you see bitcoin go to 50k tomorrow morning, you will think that it went up a lot, and it could have some profit sellers which makes sense because some people will definitely sell to take profit, and you may sell to avoid that drop, it wouldn't be a bad idea. However, what if there are people who have FOMO and they buy even more than the sellers so the price goes to 50k+ and just suddenly keep on going higher and higher? Is that impossible to happen?

I think it's possible and that's the part where you need to make a decision. If you hold, and price goes down then people will say it was a greedy move, but if you hold and it goes up then people will say it was a brave move. Same logic goes the other way too, if you sell and if it goes up then it will be a wrong move, but if you sell and it goes down then people will say it was a smart move. What it will be labeled doesn't depend on what you do, it depends on what follows later.

[Mpamaegbu]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

For me, it goes two ways and that will depend on what the said trader sees before exiting. If he's exiting because he doesn't want to lose the little profit he has made and not because his technicals are telling him to exit, then he's weak. He has an issue with his emotion and should put it to check. Emotion is the big killer when it comes to trading. However, if he's exiting because he spotted a change in the direction of the market; then it's a wise decision. That's why I said it's a two-way thing.

[shushu9977]

In trading there are both weak and wise. I think, If you make profit from any coin, then take it profit and left on. After that, he should invest other coin to take profit. I do it rapidly.

[Essential10]

The decision to exit a trade with partial profit does not reveal the strength or weakness of the traders but is a strategic decision. I generally do not agree with this opinion, as if a trader truly believes there is a possibility to exit a market with profit, then they would have the full capability to gain full profit. This is simply a matter of comprehensive research, proper evaluation and a well-defined trading plan. It is only a mistake. In reality, most traders spend most of their time keeping themselves stable or taking verbal or creative risks that follow personal emotions and commercial endeavors.

[Bitcoin_people]

Most of the times it is seen that intelligent and wise people never face loss in trading but gain profit and success. But many times it is seen that many weak traders come to trading and facing loss they always fail in this trade. But many a time weak traders stick with the market and gradually get wiser at which point they get a share of the profits. If we always think about something good and deeply, we can definitely get good results, and prevent ourselves from losses and not lose in business. When you take a wise decision, good things await you, when you think something irrational, you are bound to fail. That is why in the field of trading and business always think deeply and trade wisely only then you can succeed and not fail.

[Awaklara]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

It depends on the situation of the asset market we are trading. Indeed, sometimes the situation does not match what we planned. and that means we have to decide to go outside the plan and make a profit even if we don't reach our target. I prefer that rather than having to continue taking risks if the situation does not allow for asset movement towards our target.
as traders we have to think realistically to make a profit. So some traders do make several price target plans that might be achieved. and if the situation does not allow it, we must be satisfied with whatever we get.

[carlfebz2]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This is a case to case basis depending on different factor.

Weak Trader:
-If you take profit just because you are a bit excited because the price move after you purchased without analyzing the price chart if it’s still just the beginning.

Wise Trader:
-If the market is already reach a resistance or there’s a negative news that you knew that the price will be affected heavily. This time, Taking profit is really good because you already gain some despite it didn’t meet your target since you can always open new position once smoke is clear which you will knew if you analyze the chart.

Remember that taking profit early is still much less painful than taking loss while you already have the opportunity to gain profit.

Another characteristic for both the weak-trader and the wise-trader are, the weak-trader has too much love for his money and he/she is afraid to lose it. To have the conviction to invest and see the whole investment through, we need to separate ourselves from such emotions. For the wise-trader, he/she studies and does his/her own research on the intended asset. That's probably why wise-traders have more conviction to avoid the mistake of selling the asset too early because he/she knows that current market value isn't the real asset value.

Being weak doesnt mean that it is really that bad or someone who is really that having no chance on making money. It is really just that there are people who doesnt really like to take risks but rather they would really be sticking in on the things that they do know that it is really something that they could be able to bare out or would be able to take since not all would really be that risk takers. This is why we would be calling them weak but being weak isnt really that bad. If they do see that it is really that something that do benefit them or doesnt experience loss that much then it should be fine. Lets just mind with our own
business and proceed out on what are the things that we do really like to do so.

We do know that risk taking would be a personal kind of choice, risk tolerance or level would really be different into each individual on which it is really just that right that
you would really be going into the path on which you do saw that it is really that less risky for you. Not all would really be risk takers and this is why
actions would be made would really be that different to each other.

[Dr.Osh]

Selling the assets we own when we are in a profitable situation is one strategy to obtain optimal results and minimal risk. This can be said to be wise decision-making because quite a lot of people target high profits, but they are greedy and sell too late. However, as long as he sold at a profit, it was a good thing. The important thing is to prepare for the next thing to do. Moreover, we cannot judge someone to be a weak trader, just because they sell quickly. because people who play short also sell when the price starts to rise

[EarnOnVictor]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

There is no perfect decision in trading, and there are times that you would close the market at some almost-perfect time, you are only lucky at that time, and there are times that you would not close it and the market would move much against you, which is a time you are not lucky. And there are times that you close the trade but the market will continue to move in your favour, for this, there is nothing perfect in the market, it all depends on your trading system and risk affinity. However, you should let your trading system guide you, with the trading system, you have your trading strategy and plan, so it's not as if you are gambling but are actually trading and know what to do. Just don't believe you missed out when the market moved more in your favour when you had closed it, what if it goes otherwise? This is why your trading system is there to balance things for you, at least you would have the average.

There are times that it would save you from a huge loss, and there are times that it will cause you to win a little, but it doesn't matter. What matters is the level of accuracy of the trading stem, if it's high enough that it can sustain constant winning for a reasonably high number of times, then it's worth using. The bottom line is that there is no perfect trading and perfect market predictor, we are all trying to be sensitive towards using what we know well and get to be contented with our trading results and avoiding, guilt, greed and overtrading as much as we can.

[Richkiedx]

being weak in trading is only at the beginning, as you spend time in the trading industry, you first know all the ins and outs of it and that's when being wise comes in

many of the traders have a high risk but a small risk reward ratio, why are most afraid of losing so they don't extend tp anymore the weak made wise

[Peanutswar]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Before committing to a position the trader needs to plot a basic TA on the chart at least so they can identify if the position they are wondering will make them profit it is just a higher risk to trade and step back and wait for another position opportunity to trade with. But if you really urge that you just need to make sure that the TA you settled will cater for you at least have an SL and TP so you have a backup incase you fail those risk positions. But for me if you are not well with that position you want better to step back.

[Coin_trader]

Another characteristic for both the weak-trader and the wise-trader are, the weak-trader has too much love for his money and he/she is afraid to lose it. To have the conviction to invest and see the whole investment through, we need to separate ourselves from such emotions.

There’s nothing wrong to love the money because that will make you more careful on your trade. Love of money and fear of losing is different matter because the later part is due to investing what he can afford to lose.

I love the money that I use on trading that’s why I value it too much. I only invest with minimal risk on low risk token such as Bitcoin. This way I’m not becoming greedy to venture out on shitty altcoins.

For the wise-trader, he/she studies and does his/her own research on the intended asset. That's probably why wise-traders have more conviction to avoid the mistake of selling the asset too early because he/she knows that current market value isn't the real asset value.

Fair point. This is the typical trader that knows what he is doing and not just aiming for profit.

[crwth]

You're not making sense. There's no end to trading unless the world stops or something. It's either you decide or you get satisfied with the amount you have profited in the trade. You need to have a good plan when you are trading and you need to know when that entry and exit is and not say that "until the end". That's not going to be effective.

[DVlog]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

My approach is to remove my seed money if my trade is running on profit. I will keep my profit in there to grow with the price so my investment will not be in danger if anything bad happens with the market. Sometimes we only sell the profit and keep the seed money to grow. This is risky because the market won't go straight up it goes ups and downs so there will be plenty of chances to reinvest if you really like the project.

Some people don't book profit at all by thinking this will go 10X or 20X.  This is possible but there is no guarantee that it will so keep this in mind don't let it become your regret.

[knowngunman]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

But is this a sign of weakness? In my opinion, No! This is a common practice among traders and it's often done as a way to manage risk and protect their capital. In fact, many traders use this strategy as part of a broader risk management strategy. Some traders may prefer to hold on to their positions for longer periods of time with the hopes of capturing even greater profits and some may prefer to take smaller and more frequent profits or cut their losses quickly to minimize their risk exposure. So, I think taking profits in this manner is a very individualized decision that depends on each trader's risk tolerance and strategy and not a sign of weakness at all. Some times, your target might not be hit before the market will starts going against you and you will regret not taking the profit earlier.

[terrific]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You are a profitable trader when you exit with a profit. There's no need to say that you're a weak trader because you just barely made profit.
Or you can say that you're wise because when there's a profit, you have taken it out with you and that's the essence why we're trading.
We're trading for profit. Regardless of the amount that you have reached or your goal hasn't met but you're still in profit, that's what matters.

[2girls]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You are a profitable trader when you exit with a profit. There's no need to say that you're a weak trader because you just barely made profit.
Or you can say that you're wise because when there's a profit, you have taken it out with you and that's the essence why we're trading.
We're trading for profit. Regardless of the amount that you have reached or your goal hasn't met but you're still in profit, that's what matters.

Profit is the thing not matter how much you are going to take from a single coin or project and no matter in which area you are taking at trading.

But mostly in the trading profit are compared on the first place like you said. Most commonly the users which have some problem like the greed in their trading is present they want more and only more but at the last they were all in the loss even just for some points in the price up.

These things mostly harms the traders but the traders who are good thinkers they only focus on their profit no matter how less it has but it should be in the form of a profit.

[idarasun]

cut-
Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

According to some sources: In trading, the concept of “weak or wise trader” is not mentioned absolutely. Every trader has a unique strategy and key to success involving a trading plan, risk management, and market analysis. Success depends not only on profits but on the ability to manage risk, learn and adapt to market changes.
However, it all depends on their strategy in trading, profit and loss are two things that cannot be separated, and are the law in the world of trading.

[terrific]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You are a profitable trader when you exit with a profit. There's no need to say that you're a weak trader because you just barely made profit.
Or you can say that you're wise because when there's a profit, you have taken it out with you and that's the essence why we're trading.
We're trading for profit. Regardless of the amount that you have reached or your goal hasn't met but you're still in profit, that's what matters.

Profit is the thing not matter how much you are going to take from a single coin or project and no matter in which area you are taking at trading.

But mostly in the trading profit are compared on the first place like you said. Most commonly the users which have some problem like the greed in their trading is present they want more and only more but at the last they were all in the loss even just for some points in the price up.

These things mostly harms the traders but the traders who are good thinkers they only focus on their profit no matter how less it has but it should be in the form of a profit.

When someone becomes greedy and wanting to make more when he in fact did already some profit, that's likely that he's going to lose money.
With his successful trades, he's going to lose those profits that he's made will eventually be taken by the market.
It happened to me and also to the most of us here and that's why when you're in profit, take it and that's the wisest thing to do.

[South Park]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

If you have a strategy that you have backtested and that you know that it works and then you do not follow it, then why have the strategy at all? That is a clear sign that what whoever did this is lacking on the psychological aspect and needs to seriously consider what they are doing, since those kind of mistakes are unforgivable, and this is because even if these mistakes may not seem to be a big deal, when you sell too soon and then the market skyrockets you will lose a massive amount of money you could have earned by literally doing nothing.

[Distinctin]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Trading itself will never encourage weak traders to keep their trades, but will always chose to encourage wise traders to perform better and wiser, that is the only way so that they will overcome the high risks in trading. However, when you decide to exit a trading even if the desired profits is not yet achieved, that makes you still profitable so you were never a weak trader but a wise one.

But I encourage everyone to never start a trade unless if you are ready. That way, you will never decide to perform sudden exit trading when its not the best time yet, but must be strong and skillful enough to trade until the end of a trade.

[shinratensei_]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Trading itself will never encourage weak traders to keep their trades, but will always chose to encourage wise traders to perform better and wiser, that is the only way so that they will overcome the high risks in trading. However, when you decide to exit a trading even if the desired profits is not yet achieved, that makes you still profitable so you were never a weak trader but a wise one.

But I encourage everyone to never start a trade unless if you are ready. That way, you will never decide to perform sudden exit trading when its not the best time yet, but must be strong and skillful enough to trade until the end of a trade.

also if someone is making exit trade before target was reached then it must be reasonable ones, may be we find some clue as to why the pump isn't sustaining and might not last for long then it make sense for us to exit trades. eitherway we are still in profit anyway and i think thats what important here, opportunity of having some bullrun will definitely come around in the future anyway, simply switch to some other promising altcoin and we already get the second chance to fulfil our target its as simple as that. there's no such thing as weak traders if we kept on consistently making profit through good decision and observation.
otherwise if we are trying to trade and hold until the end which we don't even have the clue when will we gonna be hitting the end then we will isntead come out as a greedy trying to profit to the max but unfortunately the market dumps earlier.

[fauzan Ichsan]

Trading must be conditional, where you don't have to reach TP to take advantage, but when we feel the market will move not according to our analysis, we can immediately take steps, and after that we must be sure that there are still many opportunities that will form, so we can wait for another opportunity. next and carry out the transaction. Therefore, psychological mastery must be able to regulate it so that trading does not follow lust

[gunhell16]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You are a profitable trader when you exit with a profit. There's no need to say that you're a weak trader because you just barely made profit.
Or you can say that you're wise because when there's a profit, you have taken it out with you and that's the essence why we're trading.
We're trading for profit. Regardless of the amount that you have reached or your goal hasn't met but you're still in profit, that's what matters.

Profit is the thing not matter how much you are going to take from a single coin or project and no matter in which area you are taking at trading.

But mostly in the trading profit are compared on the first place like you said. Most commonly the users which have some problem like the greed in their trading is present they want more and only more but at the last they were all in the loss even just for some points in the price up.

These things mostly harms the traders but the traders who are good thinkers they only focus on their profit no matter how less it has but it should be in the form of a profit.

When someone becomes greedy and wanting to make more when he in fact did already some profit, that's likely that he's going to lose money.
With his successful trades, he's going to lose those profits that he's made will eventually be taken by the market.
It happened to me and also to the most of us here and that's why when you're in profit, take it and that's the wisest thing to do.

Almost most of us gamblers here in crypto gambling have experienced such a situation, as long as the important thing is that we realize that it is not right to continue gambling if we see that we already have a winner.

to avoid such incidents, right? It's a pity, isn't it? We should win, but in the end we still lose. Instead of being gamblers, we became unwise in the end, and what's worse is that it's too late to repent. So you should really learn from each mistake, not be the one who repeats the mistake again.

[EluguHcman]

It depends the nature of the trades. I know about Forex trading that has some period of programs where the market goes biased that is why you need to lively be active to watch how the market goes so you can eject you funds at an depreciating (looses) signal and  stays while there is an appreciation (profits).
Besides there are said to be other trades such as conventional trade's are only profitable by its seasons demanding.

No one sees the last ends of investment unless it is a short-term investment else the resultants of one seeing its end results is a caused of business crashed.
So even in Bitcoin of both short and long terms investment, investors doesn't keep trading for ever but get to sell out somedays especially at a high rate of making satisfactory profits.

[Pandu Geddon]

It depends the nature of the trades. I know about Forex trading that has some period of programs where the market goes biased that is why you need to lively be active to watch how the market goes so you can eject you funds at an depreciating (looses) signal and  stays while there is an appreciation (profits).
Besides there are said to be other trades such as conventional trade's are only profitable by its seasons demanding.

No one sees the last ends of investment unless it is a short-term investment else the resultants of one seeing its end results is a caused of business crashed.
So even in Bitcoin of both short and long terms investment, investors doesn't keep trading for ever but get to sell out somedays especially at a high rate of making satisfactory profits.

That's because the plans made by each investor are definitely different. as well as the level of satisfaction from the benefits obtained.
especially for those who invest long term. they don't like looking at prices enough to pay constant attention to the value of their investments.
There are indeed those who panic enough when they see a drop in prices and decide to immediately release assets for the small profits they may get.
every investor does what they want or what they plan to do. it might be a little different for day traders, of course, they insist on paying attention to trading conditions to make a profit and try not to lose. If you can't get the best target, then the decision to leave must be made with a slight advantage.

[Yamifoud]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

No, I don't accept it was a wrong decision nor I call myself weak if that is the best option to do. And besides, we don't have to call ourselves weak because this will be a manipulating factor to think negatively and have no courage to take risks. Instead, make this a wise choice for a trader who wants to save their profit.

One reason why a trader succeeds is because of making decisions. We have to decide what is best for us not because we think that somebody will say we are weak at least we do the thing that favors us.

[synchronym]

I think those who are used to trading or higher traders are never averse to taking risks. They always trade or do business, surely they have good knowledge about trade. If a man does not have good knowledge about trade he can never succeed. In case of weak trades they can't hold on to any trades and are easily disappointed. If the market goes down a bit they get restless and sell it at a loss. So weak traders should be patient and trade well otherwise chances of loss are high.

[libert19]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

[Jegileman]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I will rather call it contentment and been wise about leaving the investment at an early making profit stage. When you’re not contented, you become greedy and when that comes into play, you’ll be at a bigger risk to lose your profit including the initial capital that was put into trading in the first place. Take profit should be something you’re willing to adjust to when it doesn’t work for you or take advantage of it early when it begins to work for you.

[CODE200]

Cashing out "early" on a crypto you traded for doesn't equate to you being a weak trader, there's no parameters nor standard to set or beat that would determine whether you're a weak trader or a strong one. The only thing that you should be worried about is your trading capacity, meaning the amount of money you're confident about losing and not stressing your whole life over. Most of us here who have been in this industry for a good amount of time would have fairly high trading capacities, with some of the newbies being more on the lower side of things not because of lack of capital, but because of their inherent fear of the unknown, and personally, that's okay. In the end, it's much better to be scared and alive than be brave and dead. When you're scared and alive you get a chance to be brave and have courage tomorrow, the dead don't have that much liberty. This applies in trading crypto too. So by all means, don't feel bad about cashing out early just cause you're afraid. It's your money, you're its boss and people don't have any right to tell you what to do with it.

[Mauser]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Not sure if I fully understand your question, do you mean that a trader that exits his position too early is a weak trader and that they are leaving potential higher profits on the table? I don’t think this is fair to say, because markets are always changing. Even the best possible strategy that has planned for all eventualities needs to be adapted if there are unforeseen events. Taking profits is part of the trading game and we shouldn’t be feeling bad about. Who really cares if we are a strong or weak trader, as long as we make decent returns there is no need to change. Selling a position early to take a profit can even be a good thing, if we reinvest that money in a better trading opportunity. The worst thing would be to take an early exist only to leave our money in cash and not earning any returns. That is why I always try to think ahead and where my money will be invested in once I sell a position.  Another approach is to only sell a part of the position and keep some coins until prices rise even further. Markets are so dynamic that we constantly need o adapt and reevaluate our positions, but we should never feel bad about making a profit.

[Timmzzy]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In this aspect we tend not to call it weak or wise, me i take profit when i see the trade is doing something else rather than what i preddicted the trade to do so is better to HAVE THE BAG SECURED than let the market have it back again.

[TakeItEasy]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

Often happens to me, but the things is, it is too difficult to realize a real project and to realize a project which can give a person good profit. We don't even know which project is of better health and which project is of bad health. I'm talking project in the mean of these Tokens etc. Mostly I sell those coins which can gain more potential but the time had over for me many times. But when I buy these coins, I didn't see a single coins in my life which have been pumped then when I buy it, it suddenly or after sometimes lose it price and got decrease.

That is the problem sometimes I sell them instantly and I got panic too early which may be the cause of my loss mostly. But it should be avoid only when I got the realization of the good and bad coins.

[Kelvinid]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I will rather call it contentment and been wise about leaving the investment at an early making profit stage. When you’re not contented, you become greedy and when that comes into play, you’ll be at a bigger risk to lose your profit including the initial capital that was put into trading in the first place. Take profit should be something you’re willing to adjust to when it doesn’t work for you or take advantage of it early when it begins to work for you.

Perhaps, it was not a wrong decision but instead, wise thinking knowing that we never know if the price keep rallying or it drop at least we already earn some. Besides, we can't make 100% perfect trade which means that some of our speculations are wrong and sometimes are right but the most important is that we never lose any amount. Greediness is the cause of why many traders miss the chance of selling at a good/high price as they think that there is more. That is why we should also have to know how to analyze the market, not just by wild guesses.

[libert19]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

Mostly I sell those coins which can gain more potential but the time had over for me many times. But when I buy these coins, I didn't see a single coins in my life which have been pumped then when I buy it, it suddenly or after sometimes lose it price and got decrease.

You can buy btc, ethereum, atom, solana in current market, and I pretty much can say with certainity that you will have guaranteed profit in about 1 and half year. Buy in spot market and do not sell if there is dump, or just buy, keep in HW and just forget about them.

If you check your coins frequently, you may get overwhelmed by emotions and may do what you should not have done.

[Xampeuu]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I will rather call it contentment and been wise about leaving the investment at an early making profit stage. When you’re not contented, you become greedy and when that comes into play, you’ll be at a bigger risk to lose your profit including the initial capital that was put into trading in the first place. Take profit should be something you’re willing to adjust to when it doesn’t work for you or take advantage of it early when it begins to work for you.

Perhaps, it was not a wrong decision but instead, wise thinking knowing that we never know if the price keep rallying or it drop at least we already earn some. Besides, we can't make 100% perfect trade which means that some of our speculations are wrong and sometimes are right but the most important is that we never lose any amount. Greediness is the cause of why many traders miss the chance of selling at a good/high price as they think that there is more. That is why we should also have to know how to analyze the market, not just by wild guesses.

Trading is not guesswork, so we have to review it from time to time to see the development of our trading system. so that it has a higher probability of winning, considering that no trader is completely correct in analyzing, therefore trading requires mature strategy and psychology, so happy are those who want to learn to trade manually and patiently go through the process

[Wind_FURY]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

Although that's true, I believe it would also depend on what kind of asset you're holding as an investment. Because with Bitcoin, if I HODL since 2019, would the gains accumulated since that time be truly considered mere "paper-profit"? If you ask me, it's already realized profit because I could always use my Bitcoin to pay someone else who accepts it.

Plus I'm very confident a "participant" in the dark market would be very happy to buy it from me. A victim of ransomware would probably buy it from me for more than the fair market value.

Such an asset shouldn't be sold early just to turn paper-profit into real profit in my opinion.

[kingvirtus09]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Trading itself will never encourage weak traders to keep their trades, but will always chose to encourage wise traders to perform better and wiser, that is the only way so that they will overcome the high risks in trading. However, when you decide to exit a trading even if the desired profits is not yet achieved, that makes you still profitable so you were never a weak trader but a wise one.

But I encourage everyone to never start a trade unless if you are ready. That way, you will never decide to perform sudden exit trading when its not the best time yet, but must be strong and skillful enough to trade until the end of a trade.

I agreed that it's hard to enter a battle unprepared because the others who enter the crypt space are the ones who enter the crypt space without thinking first, just because they were carried away by the hype of others, so they are the ones who are often deceived by their greed of money,
Others want a quick way to get money, so that's what others think about cryptocurrency, which is actually not how it is designed.

So it's better to learn first if you don't know anything yet. Now,  if you have an idea or a little knowledge, just start with a small amount first; don't immediately invest in large capital so you don't regret it later.

[boyptc]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

That's not being weak.

You are taking profit which was the reason why you trade. Don't ask yourself validation from anybody if you did it. Because if you did took profit and got out, it's a good move rather than losing right?

So what if you didn't take the TP you want, you're still in profit and you might even get the profit you'll get so it's better to get out early.

[libert19]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

Although that's true, I believe it would also depend on what kind of asset you're holding as an investment. Because with Bitcoin, if I HODL since 2019, would the gains accumulated since that time be truly considered mere "paper-profit"? If you ask me, it's already realized profit because I could always use my Bitcoin to pay someone else who accepts it.

Plus I'm very confident a "participant" in the dark market would be very happy to buy it from me. A victim of ransomware would probably buy it from me for more than the fair market value.

Such an asset shouldn't be sold early just to turn paper-profit into real profit in my opinion.

If I were to elaborate further to my previous comment it would be; ..I should have converted those paper profits to Bitcoin.

So there is your answer.

Plus, unless you are 'HODL' kinda guy, you could also convert your BTC to stables when you sense market top incoming, and repurchase later in dip, and increase your BTC holding.

[milewilda]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

Although that's true, I believe it would also depend on what kind of asset you're holding as an investment. Because with Bitcoin, if I HODL since 2019, would the gains accumulated since that time be truly considered mere "paper-profit"? If you ask me, it's already realized profit because I could always use my Bitcoin to pay someone else who accepts it.

Plus I'm very confident a "participant" in the dark market would be very happy to buy it from me. A victim of ransomware would probably buy it from me for more than the fair market value.

Such an asset shouldn't be sold early just to turn paper-profit into real profit in my opinion.

If I were to elaborate further to my previous comment it would be; ..I should have converted those paper profits to Bitcoin.

So there is your answer.

Plus, unless you are 'HODL' kinda guy, you could also convert your BTC to stables when you sense market top incoming, and repurchase later in dip, and increase your BTC holding.

The main question is, on how you would really be considering that the market is on top or already into its peak? Just like for example when Bitcoins price did break that 19k ATH before, then whats next?
The price had go beyond 20k and goes 30k. So to those people who had thought that it was the peak then sold out, but they get left behind as the price had gone to peak of 69k.
This is why its never been that simple on trying to search for the peak, but what most important thing is that you do able to make profits. Just like on what others been saying that profits is profits
which it doesnt matter if its small or not. Its true that there are holder type of people that they would be holding their position no matter what but actually they could make
even more profits if they do really just know on how to hedge but we know that this is something that not everyone can do, this is why it would be that wise that they would really be that just simply hold
but just like been said that its never been simple.

[Wind_FURY]

I'm of the opinion that taking profit is always the wise decision. Paper profits are not real, it took me years to realize until my huge gains went down the drain for not taking profit.

Although that's true, I believe it would also depend on what kind of asset you're holding as an investment. Because with Bitcoin, if I HODL since 2019, would the gains accumulated since that time be truly considered mere "paper-profit"? If you ask me, it's already realized profit because I could always use my Bitcoin to pay someone else who accepts it.

Plus I'm very confident a "participant" in the dark market would be very happy to buy it from me. A victim of ransomware would probably buy it from me for more than the fair market value.

Such an asset shouldn't be sold early just to turn paper-profit into real profit in my opinion.

If I were to elaborate further to my previous comment it would be; ..I should have converted those paper profits to Bitcoin.

So there is your answer.

Very good ser!

Plus, unless you are 'HODL' kinda guy, you could also convert your BTC to stables when you sense market top incoming, and repurchase later in dip, and increase your BTC holding.

That probably a good strategy for those people who can have a god sense of timing the market. But personally, I value my mental sanity and almost stress free life than trying to trade and time the market. If the market top is incoming, I'll probably start saving then I'll wait for the incoming market bottom that will definitely be there after one or two years to buy the DIP.

Bitcoin will be one of three to five blockchains/networks left running after ten years. I believe the rest will die with the death of the "Blockchain Mania".

[tvplus006]

...the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again. ..

The cryptocurrency market provides a huge number of opportunities to make a profit every day, so you should not get hung up on unsuccessful deals, especially since you have made a small profit, which in any case is better than a loss. Better remember those moments when, after closing an order, the price decreases and you realize that you did everything in a timely manner.

[Strongkored]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, it's not about being a weak or wise trader but how to see opportunities to make a profit and of course the decisions taken after analyzing that the market will not move according to the first analysis so that securing profits is the best choice because the market can move in the opposite direction quickly and when traders have read that the market will move in the opposite direction but continue to maintain that the first analysis certainly shows that he is a weak trader because his emotions control him.

[Wind_FURY]

...the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again. ..

The cryptocurrency market provides a huge number of opportunities to make a profit every day, so you should not get hung up on unsuccessful deals, especially since you have made a small profit, which in any case is better than a loss.

That's not true for 90% of the participants in the market, because if that was actually true, then everyone would be making money easily through "trading". BUT trading is Zero Sum, those who profit take the profit from those who lose.

Better remember those moments when, after closing an order, the price decreases and you realize that you did everything in a timely manner.

It's actually not that simple, ask any trader. Although, it's expected that people in the forum could make their own claims.

[alastantiger]

A weak trader trades based on his emotions. Because he doesn't want the "profit" - on paper become a "loss", the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again.

We are our emotions and our emotions is us. We can't detach from our emotions while trading until you accept that losing is normal. It is only an AI that has no emotional attachment to trading. Instead of detachment, we must master our emotions. The most important things are managing your lot size right and closing your trades timely. Like any normal business deal, sometimes you gain, other times you lose.

[MIner1448]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In trading, the question of exiting a trade is an important point that depends on the strategy and goals of the trader. Some traders prefer to take partial profits to protect their funds and avoid potential reverse movements in the market. This may be considered a wise decision as it reduces the risk of loss.
On the other hand, there are traders who prefer to wait until their take profit target is fully met, believing that the market can give them more profit. This is a strategy focused on maximizing potential profits.

[South Park]

A weak trader trades based on his emotions. Because he doesn't want the "profit" - on paper become a "loss", the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again.

We are our emotions and our emotions is us. We can't detach from our emotions while trading until you accept that losing is normal. It is only an AI that has no emotional attachment to trading. Instead of detachment, we must master our emotions. The most important things are managing your lot size right and closing your trades timely. Like any normal business deal, sometimes you gain, other times you lose.

It is because of this I have always thought that it is for the best for traders to develop a strategy that tells them exactly what to do under every circumstance, as if they are facing a fast drop on the price of the coin in which they invested, it is to be expected that any person may get emotional while this is happening, but this could lead them to make a mistake and lose way more money than what they anticipated, but if their strategy tells them exactly what to do then they can bypass those emotions and do the right thing, regardless of how they may be feeling at the time.

[tvplus006]

The cryptocurrency market provides a huge number of opportunities to make a profit every day, so you should not get hung up on unsuccessful deals, especially since you have made a small profit, which in any case is better than a loss.

That's not true for 90% of the participants in the market, because if that was actually true, then everyone would be making money easily through "trading". BUT trading is Zero Sum, those who profit take the profit from those who lose.

I can't agree with you. Doesn't the cryptocurrency market give you a chance to make a profit? Well, the fact that you couldn't take advantage of this opportunity is only your fault and another 90% of market participants. After all, the remaining 10% were able to realize their knowledge and experience in the resulting profit.

[meser#]

In this matter, our comments will be superficial, But if we want to make more precise comments we need on which coin or token one is trading. First of all, a trader should have enough knowledge to estimate the depth of rise/fall movements a coin might make. For instance, the sudden rise of a "shitcoin" could be from whales activity; alternatively, not being aware of a crucial development news might lead to selling early and earning less profit. If a trader finds him/her-self in this dilemma, I believe he/she must sell while making a profit because they might not have a full understanding of their investment.

[pusaka]

In this matter, our comments will be superficial, But if we want to make more precise comments we need on which coin or token one is trading. First of all, a trader should have enough knowledge to estimate the depth of rise/fall movements a coin might make. For instance, the sudden rise of a "shitcoin" could be from whales activity; alternatively, not being aware of a crucial development news might lead to selling early and earning less profit. If a trader finds him/her-self in this dilemma, I believe he/she must sell while making a profit because they might not have a full understanding of their investment.

It can be said that it will depend on what coin we are trading and it will follow the development or movement when we make a trade.
Because learning from my experience that trading does require action at the time we do it, or we do something instantly based on market movements at that time, of course with our experience and knowledge while we are in this space. That real time movement will greatly inflluence us in making decisions. Supporting indicators will also be very useful in making that decision.

[EarnOnVictor]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

That's not being weak.

You are taking profit which was the reason why you trade. Don't ask yourself validation from anybody if you did it. Because if you did took profit and got out, it's a good move rather than losing right?

So what if you didn't take the TP you want, you're still in profit and you might even get the profit you'll get so it's better to get out early.

I'm old and experienced enough in trading to say that "there is no perfect decision in it," just devise your good trading system and use your regular analyses and instincts for the rest.

There are times you close the trades in profits/losses and regret it, and there are times you would close them and shout for joy as they might have saved you from trouble. This is applicable to any guy who uses a very brilliant trading system and even avoids emotion, meaning that it's the same person with the same personality. But the difference is the market itself, you can't predict the market perfectly at all times, not the fundamental analysis or technical one, it's all about how you can be contented with what your trading system and instincts are giving you, and shun greed, hate and regrets which puts traders in further trouble.

The market is ever-dynamic and is mostly responsible for this. Again, the market will continue to play on the intelligence of every trader no matter how good they are. However, they can be consistent in their earning if their account management is good.

[irhact]

In this matter, our comments will be superficial, But if we want to make more precise comments we need on which coin or token one is trading. First of all, a trader should have enough knowledge to estimate the depth of rise/fall movements a coin might make. For instance, the sudden rise of a "shitcoin" could be from whales activity; alternatively, not being aware of a crucial development news might lead to selling early and earning less profit. If a trader finds him/her-self in this dilemma, I believe he/she must sell while making a profit because they might not have a full understanding of their investment.

You're correct, selling a coin early doesn't make you weak. There are many reasons why an individual trading will decide to sell his coin early and even when the coin continues pumping, it doesn't make him a loser. He didn't lose in the trade and that's a victory as many individuals investing or trading don't make profits but on social media it look like all traders are winning. I have sold some coins earlier than I wanted to sell and some times it was the right decision while others it wasn't.

But I didn't regret taking the decision as I decided to learn from them and it had contributed to my experiment in trading. There are many reasons why a coin will dump therefore if you confirm anyone, you can protect yourself by selling and if things were to turn out different, then you can buy the coin again if you believe the coin has good potential to pump further but be sure it isn't just a pump and dump activities by whales or a false pump for the whales to dump their tokens.

[Davidvictorson]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

First of all, this kind of trader don't have proper Mentorship, he went through an easy cheap route (YouTube). Secondly,he isn't ready to accept his trades.this kind of trader can leave losses for a long time and cut their profit short. Thirdly, in trading there is no wise or weak. It is all about emotions and you can't deal with your emotions if you don't know how trading works. Trading isn't all about online stuff you see everyday.

[goaldigger]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This is why I always remind myself to set up a target price that is more realistic and commit on that once you are happy with the profit and of course it should be flexible especially if you already saw a sign that the price will not pump anymore and will enter in a small corrections so securing the profit is already advisable. Profit is still a profit, this is our best line in trading since we cannot always reach our target price not unless you set it realistically.

[Johnyz]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This is why I always remind myself to set up a target price that is more realistic and commit on that once you are happy with the profit and of course it should be flexible especially if you already saw a sign that the price will not pump anymore and will enter in a small corrections so securing the profit is already advisable. Profit is still a profit, this is our best line in trading since we cannot always reach our target price not unless you set it realistically.

Always choose to be more wise, and waiting for your high TP might not come into reality and you might wait longer which can make you lose the money and lose the chance of taking profit since you become more greedy.

I agree that we should make our TP more realistic and it should be based on the current price trend. Though long term holder is a different story but if its in trading, you should set your TP that is not that far on your price entry, usually I do set up a 3-5% profit before taking profit and that is already fine for me.

[Huppercase]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You analysed the market and see a potential and then you started having doubts about the continuity, there is something that you might have seen that is giving you that doubts and a second thought, and there is nothing wrong is having doubt because you are really trying to protect your stop loss even before any circumstance happen. Let's say fit instance, SEC met with Grayscale and Blackrock in anticipation of Bitcoin ETF and because of the news, you open a margin position of bitcoin with the intention to get something before the approval day and all of a sudden you started seeing some red flags for reject, closing the trade with your current position and profits means you are smart because you didn't lose anything from your trade.

There is nothing bad when you are proactive in trading and taking profit, there are something you might even see before they happen or even read in the news before it becomes so fast and spread to the rest. The reason why some people does have minimal losses in trading sometimes is because they do have genuine and reliable source of information before the public and they are quick to leave the market before others and that's how they mitigate losses in trading, so nothing wrong in such situations.

[Heulahee]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

[MFahad]

I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

Yes this is a good strategy because if someone continue trading after getting a big reward enters into the market with great percentage of money but then they loss all their money because market is not always same as expert predict. There are also some people who don't take their profit when the market is under favorable condition because they are waiting for more pump therefore they loss huge amount by doing such mistakes.

Exit trade for sometime during some unfavourable condition is necessary because continously trading can proves to be risky and also remember that don't use your profit in trading but continue your trading with the same amount always and if you loss all the limited sum in trading then exit trade for some months.

[borovichok]

I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

Gaining boosts our confidence in the market by implementing solid strategies, we just have to do whatever it takes to ensure we're able to milk the market from our end. Trading is consider difficult and challenging, it's mainly for those that understands and knows how to trade without having any basic issues, they make every activities carried out in the system easy and forward. We're traders and we milk from the market and we also make losses in the market. There's always something to hold us back from achieving our main target.

[Mr.right85]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.
You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

[Ojima-ojo]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Wait to what end is my questions?
As far as I know, there is no end to an open trade, except what you are talking about is one's set take profit price or so.

It is actually good for a trader to always have a sell target when trading, most especially in the spot market, but then, it's not out place or necessarily a sign of weakness of the trader will continue to monitor his or her open trades and try closing a trade and taking already achieved profit on trades that seem not to be performing really as expected, it's better to close such a trade and take an already achieved profit than leaving it there and at the end of the day, the trade will end in a loss.

This is just my thought though.

[macson]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In fact, i also quite often withdraw my profits when i get a few percent profit from my capital, however, this is very natural in my opinion, not a weakness, because if you don't withdraw the profits you have made then you can be categorized as someone who is greedy, and usually greedy people will only lose money in time.  If you have ever read about risk management, taking profits, stopping for a moment when you are profitable and exiting when the market is busy is one form of risk management, when you become greedy in trading then you will definitely forget all kinds of strategies or rules that can make you get some profit.

[justdimin]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.
You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

That is quite difficult to master though, getting rid of all human emotions for a period when you are in fact a human to begin with, is not that easy. We are not some robots who have no emotions and do just what we must, that's the reason why many trading bots do better than some humans, because bots do not have any emotions and only does what they must and that's it.

However, if we are talking about a situation where we are not seeing the current situation and we are constantly emotional that would be bad too. I think we need to find a middle ground, sometimes we could end up with some emotions and just keep ignoring them for a short period of time and we could make some money from that if we try hard enough.

[cafter]

It happens with every human being who is risking amount which is big or substantial in his/her view. because seeing bankroll moving up and down cause emotions to take hold of our emotions.
I simply close the browser or tab after taking the trade and setting stoploss and take profit by my desired goal.
it helps me to stay disciplined and my emotions cannot able to control me then, When i see the trade live I close that trade in small profits and hold that trade in big losses hoping it will reverse.

[|MINER|]

Losing everything in the hope of extra profit is nothing but folly.  Losing everything in the hope of making more profit is never the act of a wise trader.  This can only be done by a weak trader.  One of the rules of trading is that you can't be too emotional. Too much emotion will drown you.  I think the money should be withdrawn only after a minimum profit comes.  What to do if you lose your capital while hoping for more profit.  Trading should always be done with intelligence and not with emotion.

[TheUltraElite]

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.

Being able to control the emotion to pass over the bad times is what makes the difference. The time when panic selling is occurring it is common to lose cool and step in the same direction as others are doing. But you could be in much greater future profits if you were to buy at the low considering it is bitcoin and that the price is now discounted for.

You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

It is not wrong to feel bad when the red market starts. But knowing that it is a part of a cycle, you can keep yourself from not swaying and be able to get over it.

Being wise here is tough and takes practice. Definitely not for everyone - those who cannot practice these things should avoid trading.

[Mahanton]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.
You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

That is quite difficult to master though, getting rid of all human emotions for a period when you are in fact a human to begin with, is not that easy. We are not some robots who have no emotions and do just what we must, that's the reason why many trading bots do better than some humans, because bots do not have any emotions and only does what they must and that's it.

However, if we are talking about a situation where we are not seeing the current situation and we are constantly emotional that would be bad too. I think we need to find a middle ground, sometimes we could end up with some emotions and just keep ignoring them for a short period of time and we could make some money from that if we try hard enough.

Human beings are really that emotional on which it would really be just that normal that you would really be able to feel out on what are the things that you are currently dealing with specially if its really that related to gambling. We do know that human beings do really hate up on losing money on which it would really be just that normal that we will really be having these kind of reactions  specially on trading. Decisions would really be made will really be depending on someones risks handling on which there are ones who are really that getting that satisfied whenever they do see greens into their trades on which on the time that they do make profit then they would really just simply stop and secure those profits and wont really be that making that position to be pending or would be lasting up long.

We do know that this market is really that highly volatile on which it would really be just that normal that people would really be minding about those reversals on which on the time that you would
see that those price movements is taking away your profits then you would surely learn and able to realize about the importance on securing profits while you can, unless if you are going for
long term then you wont really be caring at all.

[stadus]

Once you trade and gain profits, you did a wise move since trading itself is not easy but hard and complex job. Hence, those weak traders end up quitting from trading because they find it hard to overcome the risk and manage trading uncertainties. But for everyone who made profits even if they decide not to wait for the trades to end, I think that’s also their own strategy and we can’t force them to do that is not on their own will and plan.

Trading requires a smart and wise decision making to make a sustainable trade, otherwise you are just trading wasting your money and time.

[the rise]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

[Volimack]

Everyone should be wise to trade. Besides this type of trading requires adequate time to research and monitor trades. It also requires a good understanding of how the economy affects the trades you are trading. If big economic news hits that day it can affect your position. So learn more about trading and how to go against losses.

[Pandu Geddon]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

In such a situation it is necessary to be calm to make decisions. even though it is not according to plan with the initial target. but when they have made a profit, traders can take steps to exit early. Indeed, there will be regret when it turns out that our main target was achieved by price movements. but it should provide a lesson not to panic too much when seeing a market situation that is moving quite quickly.
but maybe every trader also experiences times like that. I think that is normal for every trader who is in the process.

[pusaka]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

Emotional control is very important when trading, once we trade in a situation where our emotions are unstable then something big might happen. Being wise in trading is something that is very difficult to do, one way that I think looks wise is when we can control our emotions.
I think there is nothing wrong with rushing to take profits when our target has not been reached, as long as we already know what we will receive when we make that decision. And I don't think there is any guarantee that our target will be achieved when we leave it at that time. Indeed, it may seem that we are not committed to what we planned at the beginning, but for me personally it is more about the situation when looking at price movements.

[Assface16678]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

In such a situation it is necessary to be calm to make decisions. even though it is not according to plan with the initial target. but when they have made a profit, traders can take steps to exit early. Indeed, there will be regret when it turns out that our main target was achieved by price movements. but it should provide a lesson not to panic too much when seeing a market situation that is moving quite quickly.
but maybe every trader also experiences times like that. I think that is normal for every trader who is in the process.

Its hard to stay calm or a trader will experience anxiety and nervousness in his trade if he/she will monitor or look at his trade time to time, seeing your trade having a downtrade can affect your decision that's why its important to divert your attention while your trade is open it will only afd to your anxiety if you keep on checking it, if a trader has trust in his analysis and trade then he/she doesn't need to keep on looking on his trade its better to see it to the end, but of course its also common and normal to exit early in your trade its up to the trader if he/she will exit his/her trade and not follow the TP or SL set up, but yeah regret can be a common thing in this situation, many traders do this to cut loss which is not advisablr everytime, its still better to let the trade be at end.

[kojektea]

not sure. everyone is talking about the halving, I think the bitcoin ETF is starting to be forgotten but there is no positive news being published. If it is accepted at the same time as the halving hype this year, Bitcoin could soar and it is even impossible to predict the extent of the trend. I think this will be interesting to wait for. let's wait another 4 days it will be decisive with this bitcoin ETF. everyone is definitely waiting for a good decision.

[Ben Barubal]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

  We probably don't want to be called weak traders, right? Because when we are weak traders, it means that we are not learning anything from what we are doing in conducting trading activity. Apart from that, we remain ignorant of trading, so we don't get any profit. That's how it used to be for me.

  As much as possible, we should have a profit from the capital that we use in trading here in the crypto space, and at least in that case, there is development happening in our studies here in this field.

[bitgolden]

Its hard to stay calm or a trader will experience anxiety and nervousness in his trade if he/she will monitor or look at his trade time to time, seeing your trade having a downtrade can affect your decision that's why its important to divert your attention while your trade is open it will only afd to your anxiety if you keep on checking it, if a trader has trust in his analysis and trade then he/she doesn't need to keep on looking on his trade its better to see it to the end, but of course its also common and normal to exit early in your trade its up to the trader if he/she will exit his/her trade and not follow the TP or SL set up, but yeah regret can be a common thing in this situation, many traders do this to cut loss which is not advisablr everytime, its still better to let the trade be at end.

I feel like if you are feeling anxiety after a while of trading, then you should stop trading and take care of that part first. I get that it doesn't have to be that quickly, just focus on what you could do and you would be able to handle it very well.

I personally believe that it is going to take a while, and not everyone will have a chance to do anything serious, just ignore all the trading, all the indicators, all the bigger deals, just ignore them all and focus on what you can do with something more serious like your emotions.

If you focus on that, then you are going to end up with something much more important, it should be important to notify that we are going to end up with something more rock solid with our emotions before we restart trading. Obviously, we all know that not everyone will be able to do that, but if we give it enough time, then we are going to end up with a great return, and should be something that benefits you when you restart.

[Mate2237]

It is a wise trader. When you have gotten 80% of the whole profit of the trade and you are tired to wait to the end then you ave to cash out or stop the trade because you don't know what will happen in the end the trade. And if everything wipeout without any profit then you will become a loser of the trade and also you will be a greedy trader. In trading if you not the greedy type, when you have 60% profit from the total amount then you have to cut the trade and place another one again. And that's why we always advise the new traders to use demo.

But if you have the confidence that the trading will end well with you then you don't have to bother yourself and just be patient to see the end outcome. Remember that should be a very serious risk to take.

[rhomelmabini]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I am accepting that considering I'm not that great either, everything can be learned and if you have consistency then you probably learn more than the rest. You will never gonna time the market so if you think you will gonna profit in that trade then take it, profit will always be a profit no matter what.

[lixer]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I always prefer to close trades with minimal profit when there is a risk that the market can swing in the opposite direction. Always feel like smaller profits are better than no profits, if not potential loss. But at certain times when I am confident enough, I let the trades run and try to maximize the profits. It works sometimes and other times it doesn't but you have to live with it because that's how trading works.

Greed can be good at times. Another thing you can do is cash your initial trade amount and then let the remaining go on in hope or a bigger profit. This way you don't risk losing money while till have a chance at making good profits.

For example, Let's say you short BTC at 10x and the price has increased by $1k, you can cash out and let a small amount run!

[Twentyonepaylots]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I always prefer to close trades with minimal profit when there is a risk that the market can swing in the opposite direction.

I wonder why some people call it a bad call or worst a weak trader when in fact those kind of trader have taken a profit based on their contentment. Ask all the experienced trader and ask if it happened to them because for sure, it happened to them.  Market is volatile, swings will detached your position in a second. Take a profit when you have the opportunity.

Always feel like smaller profits are better than no profits, if not potential loss. But at certain times when I am confident enough, I let the trades run and try to maximize the profits. It works sometimes and other times it doesn't but you have to live with it because that's how trading works.

Profit is profit, that's it. No need to label someone who makes a profit a weak trader.

[milewilda]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I always prefer to close trades with minimal profit when there is a risk that the market can swing in the opposite direction. Always feel like smaller profits are better than no profits, if not potential loss. But at certain times when I am confident enough, I let the trades run and try to maximize the profits. It works sometimes and other times it doesn't but you have to live with it because that's how trading works.

Greed can be good at times. Another thing you can do is cash your initial trade amount and then let the remaining go on in hope or a bigger profit. This way you don't risk losing money while till have a chance at making good profits.

For example, Let's say you short BTC at 10x and the price has increased by $1k, you can cash out and let a small amount run!

This is why as a trader it would really be that wise to close or not to make any positions on the time that you do saw that the market is really that indeed volatile on which its never been that good or wise
on making positions which you do know that it is really just that too risky for you to do so. There are really indeed moments or times in trading on which you shouldnt really that making any actions
or really that simply skipping out because of it is really just that too risky on making such move. You would really be finding yourself that be able to know on what are those stuffs
on the time that you are already that a experienced trader.

Learning everything or something as you do go further ahead with trading is really that normal on which it is really that something that you would firstly be able to encounter.
It is really just that impossible that you can really be able to notice up something on the time that you would really be able to make trades as you do go forward ahead.

[cakravothy]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

If there is no halving while I'm trading and my profits remain green, I'll close them. However, if there's a potential halving that may lead to a significant price surge afterwards, I want to hold for as long as possible, up to one year after the halving, before selling. During this time, I'll stake the coins I'm holding, which will increase the number of coins I own.

[Zigabel]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

It's never a weak move, no body controls the market especially as retail traders so you have to make sure you seize every good opportunity as you can to make profit and also try not to allow greed set in because it will definitely do you more harm than good so leaving the trade even before your expected TP isn't a bad idea, it's very possible that trade may never get to your TP and the best chance you have at it is when you exit before reversals, in situations where you were trading a certain direction and a news came in that changed the market direction, you trade will most likely not get to TP but if you had excited you will still be safe.

There's no holy grill in trading so you can't be too sure to always wait for your TP some times get some good profits and exit, knowing it's never a weak move to exit early it's at some point the wisest thing you could do.

[fullhdpixel]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

If there is no halving while I'm trading and my profits remain green, I'll close them. However, if there's a potential halving that may lead to a significant price surge afterwards, I want to hold for as long as possible, up to one year after the halving, before selling. During this time, I'll stake the coins I'm holding, which will increase the number of coins I own.

When you trade, you won't really wait for the halving and other events. Your focus is only about the current markets. That is where you decide whether you will close your trade or remain to open it. Halving is said to have a positive effect in the price of the coins. If you buy and HODL because of it, then you are not a trader anymore but you are called as an investor already.

But, one year after a halving would already result for a dumping of the price because you know, there is also a bear market that will take its place. But, if you don't want it (the short term gains), then fine. In investing, a long-term hodling can in fact matter the most, as the longer you HODL the more the profits you could gain. Staking can be a good idea since it will also lock up your coin, so you can't be tempted on selling them early.

[God bless u]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Taking profit is always good decision by any person that they are going to take the profit first and after that they can easily manage that whether they want to carry its trade or he wants to close the trade. Because there are a little problems and more risks involved in it.

For example if the person is going to continue the trade then he must be ready for the coin if it falls again and if he is going to make loss may be another time. As I have learned one thing in the crypto space that mostly in crypto the greed kills as mostly users was in greed that how they could make more money. Thinking and getting more money in trading glooks good but there would be more risks involved in it. So I think getting and booking the profit first is very necessary.

[Viscore]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Exiting a trade does not mean that you are a weak trader and is afraid to take the risk and finish the trade. I think you are more mature enough that you trade and you're already in profits even without finishing a trade. The only way traders get weak and create an unwise decision is chosing to trade even when the market is not suitable to trade. With that, it's like you trade not to win but eventually to let your capital go into waste.

[wtsimis]

A weak mind can never be a good trader. You need to be smart while trading. We often wait when the market is falling and wait for the market to rise. But when the market rises and gives us a small profit, it can't be patient anymore. We exit the trade before reaching our target profit. So we cannot make huge profits. So always trade like a wise trader while trading. It is never possible to take target profit if you are a weak minded trader.

[cryptoknightt]

What is meant by a weak trader and a wise trader, can you be said to be a weak trader by taking a small profit, or is a wise trader a trader who never loses?
I think everyone has done both. and traders learn that from their mistakes.

[God bless u]

Once you trade and gain profits, you did a wise move since trading itself is not easy but hard and complex job. Hence, those weak traders end up quitting from trading because they find it hard to overcome the risk and manage trading uncertainties. But for everyone who made profits even if they decide not to wait for the trades to end, I think that’s also their own strategy and we can’t force them to do that is not on their own will and plan.

Trading requires a smart and wise decision making to make a sustainable trade, otherwise you are just trading wasting your money and time.

I think both intelligence and money are very important for trading because if all you have is money, if you are not wise then you can't trade what you have because trading is very risky work.

One who has to start the trading will  first learn what is in it, when to buy and when to sell, because it cannot be done by an ordinary person. Also  with mind we need money, we should have a backup of what we have, all the money should not be invested in trading, It is very important that we have a good teacher of trading.

[snowpega]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

And it may lead you to greed. Greed is the worst enemy of people. Keep thinking about whether should i still hold the asset or sell it here. It is so confusing point as no one can predict the next step 100% accurately so if you have fetched the best profit take an exit before the market gives you a bad shock as the crypto market is so volatile.

Many people make many losses in this scenario because they become greedy to make more profit. Keep in mind, this suggestion if you do not want to bear losses so have control on your greed. Many Thanks!

[Maslate]

Trading alone is already hard so if you are profiting from your trade despite that you don’t get to finish it, then most likely you’re a wise trader. Not all are given chances to be in profits when trading, some are just trading and even wait till the end and still end up losing. So for me, there’s no need to actually finish a trade if you are already satisfied with your present profits. That’s for you to decide if you can still take the risk and finish an unpredictable trade.

[Fatunad]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

If there is no halving while I'm trading and my profits remain green, I'll close them. However, if there's a potential halving that may lead to a significant price surge afterwards, I want to hold for as long as possible, up to one year after the halving, before selling. During this time, I'll stake the coins I'm holding, which will increase the number of coins I own.

When you trade, you won't really wait for the halving and other events. Your focus is only about the current markets. That is where you decide whether you will close your trade or remain to open it. Halving is said to have a positive effect in the price of the coins. If you buy and HODL because of it, then you are not a trader anymore but you are called as an investor already.

But, one year after a halving would already result for a dumping of the price because you know, there is also a bear market that will take its place. But, if you don't want it (the short term gains), then fine. In investing, a long-term hodling can in fact matter the most, as the longer you HODL the more the profits you could gain. Staking can be a good idea since it will also lock up your coin, so you can't be tempted on selling them early.

Totally depend on what kind of trader you are on which there are ones that they are really that trying out to hit their exit points and there are ones who would really be making out some reconsideration on taking profits
on early without having those kind of hitting those targets on which it would really be that totally depending into someone risks management. Weak or wise? It wouldnt matter much on which the main
thing that people or trader would be focusing on is on how to make profits yet this had been our main target since from the start. Doesnt matter on what kind method or what kind of way you are really that been doing
as long it would really be that something that relevant and something beneficial then this is what mattering the most.

Dont mind about being weak or wise because we are really just that aiming on the same target on which we are really that making profits.
People are really just that mindful on what other people could really make out those kind of sentiments without bothering themselves that they
should really be that focusing on their own ways and methods.

[bettercrypto]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In the first place, there are no perfect traders, because all traders, even if they are experts, still have that weakness that is hidden, and any of us here can improve in performing trading activity, in fact, too.

Now, of course, if you want to have a wide knowledge of trading, you should also know yourself that we need to learn this hard lesson and learn it, and when we get it, we will definitely be able to get profit most of the time in trading, and if we fail in our fundamentals and technicals, it's only a low percentage for sure.

[TheUltraElite]

What is meant by a weak trader and a wise trader, can you be said to be a weak trader by taking a small profit, or is a wise trader a trader who never loses?
I think everyone has done both. and traders learn that from their mistakes.

These are not so general ideas, a weak trader can mean a lot of things, not necessarily making a small profit specially because the word small is relative - for someone 1k USD might be small, but it might not be small for another.

Hence the words weak or wise makes no sense here. Still I consider a trader to be a bad one if they are trading based on emotions and not rectify that and a trader to be good if they are able to make the buys at the low and sells at the high.

Eventually if you are trading successfully, you realize that these terms are only just words without any real meaning in this sphere.

[FanEagle]

A trader shouldn't set goals and stick to it no matter what, a trader should read the market and make movements accordingly. The market is a dynamic thing and while the goal you set may look good at the start of your trade, things could change while you are holding and if you end up sticking with your plan, then you may end up losing money from it as well.

This is why, while you are starting out, you should have a goal set and that is great, but you should also be flexible enough to make changes to your plans while holding as well. This doesn't mean you will always be right, you may think that it will not go up to what you initially thought it would, and get out, and yet it could go on higher, but you should be open to the possibility of it.

[God bless u]

What is meant by a weak trader and a wise trader, can you be said to be a weak trader by taking a small profit, or is a wise trader a trader who never loses?
I think everyone has done both. and traders learn that from their mistakes.

Actually the trading needs money as well as mind.
All of those are wise which have good knowledge and a high investment. because in this condition they are not getting loss due to enough budget as well as enough knowledge about trading.

As I always thinking about those people who have less money for trading they will always in happened and cannot take responsibility for a big profit.

[boty]

Trading alone is already hard so if you are profiting from your trade despite that you don’t get to finish it, then most likely you’re a wise trader. Not all are given chances to be in profits when trading, some are just trading and even wait till the end and still end up losing. So for me, there’s no need to actually finish a trade if you are already satisfied with your present profits. That’s for you to decide if you can still take the risk and finish an unpredictable trade.

Trading is not an easy thing to do in order to make a profit and if we are already in a favorable condition and we take advantage of it and this really depends on the personality of the person doing the trading whether we can still analyze the market and will be able to get bigger profits. There's no harm in continuing, but if we can't analyze well, I think it's better for us to take the profits we've earned and don't let us become greedy in trading and make wrong decisions that result in losses in the trades we make.

[Natalim]

Trading alone is already hard so if you are profiting from your trade despite that you don’t get to finish it, then most likely you’re a wise trader. Not all are given chances to be in profits when trading, some are just trading and even wait till the end and still end up losing. So for me, there’s no need to actually finish a trade if you are already satisfied with your present profits. That’s for you to decide if you can still take the risk and finish an unpredictable trade.

Trading is not an easy thing to do in order to make a profit and if we are already in a favorable condition and we take advantage of it and this really depends on the personality of the person doing the trading whether we can still analyze the market and will be able to get bigger profits. There's no harm in continuing, but if we can't analyze well, I think it's better for us to take the profits we've earned and don't let us become greedy in trading and make wrong decisions that result in losses in the trades we make.

Greediness is one of the major problems in trading, once we never feel contentment, we most possibly we end up losing instead of earning some profit.
Yes, I could recall back my experience and I was supposed to triple my earnings but because I wanted more tried to look for x4, when I just woke up and checked, it was very surprising and disappointed. Now, I realize the bad effect of being too greedy and aggressive, we better take it slow and know how to accept small profits rather than miss all of them. And there is one thing, finish the trade as much as possible before leaving the computer.

[Lanatsa]

Trading alone is already hard so if you are profiting from your trade despite that you don’t get to finish it, then most likely you’re a wise trader. Not all are given chances to be in profits when trading, some are just trading and even wait till the end and still end up losing. So for me, there’s no need to actually finish a trade if you are already satisfied with your present profits. That’s for you to decide if you can still take the risk and finish an unpredictable trade.

Trading is not an easy thing to do in order to make a profit and if we are already in a favorable condition and we take advantage of it and this really depends on the personality of the person doing the trading whether we can still analyze the market and will be able to get bigger profits. There's no harm in continuing, but if we can't analyze well, I think it's better for us to take the profits we've earned and don't let us become greedy in trading and make wrong decisions that result in losses in the trades we make.

Greediness is one of the major problems in trading, once we never feel contentment, we most possibly we end up losing instead of earning some profit.
Yes, I could recall back my experience and I was supposed to triple my earnings but because I wanted more tried to look for x4, when I just woke up and checked, it was very surprising and disappointed. Now, I realize the bad effect of being too greedy and aggressive, we better take it slow and know how to accept small profits rather than miss all of them. And there is one thing, finish the trade as much as possible before leaving the computer.

We human beings doesnt really have that kind of contentment on which as long you do know that you could be able to maximize that possible profits that you could be able to generate then you would really be definitely be going into the end of line as long those chances wont really happen. This is where it would really be ending up for you to do things which arent supposed to be done. It would really be that always wise whenever you do see a profitable trade or on the time that you do get contented on what you do saw with those gains then it would be always ideal that you should really be taking profits.
Somehow there would really be those people who would really be sticking into their plans and this is why they would really be going until the very end.

Well this isnt something that you could really be blame on them though yet this isnt for the sake of being greedy but sticking into someones plan and target isnt
really something that a bad behavior either. This is actually on case to case basis actually.

[Ben Barubal]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

   Maybe I would prefer to be called a weak trader who, even if the profit is small, still makes money every day than a wise trader who is self-proclaimed to themselves but never gets any profit from trading. You know what you want to point out.

   There are other things that happen because what is usually in our minds becomes the opposite when it comes to what actually happens
in trading. But overall of course always do it at our own diligence.

[EarnOnVictor]

Trading alone is already hard so if you are profiting from your trade despite that you don’t get to finish it, then most likely you’re a wise trader. Not all are given chances to be in profits when trading, some are just trading and even wait till the end and still end up losing. So for me, there’s no need to actually finish a trade if you are already satisfied with your present profits. That’s for you to decide if you can still take the risk and finish an unpredictable trade.

Trading is not an easy thing to do in order to make a profit and if we are already in a favorable condition and we take advantage of it and this really depends on the personality of the person doing the trading whether we can still analyze the market and will be able to get bigger profits. There's no harm in continuing, but if we can't analyze well, I think it's better for us to take the profits we've earned and don't let us become greedy in trading and make wrong decisions that result in losses in the trades we make.

My resolve in trading is for traders, perhaps, I better call them supposed traders to be extremely careful as trading is not a do-or-die affair. You can try your best and luck but when success is not forthcoming, I do not think you should be wasting your money, time and energy on it, there are better opportunities that are of low risks around, and even online as an investment is less risky than trading. I know what I am saying, trading is not child's play, and even as I believe I am experienced and still making some earnings from it no matter how little it could be, I am still very confused at times not to mention those traders who do not even have a good trading system or true trader's psychology. It takes a very long time to build this if we are sincere, while some will never be able to achieve that no matter how long they try.

How many traders can wait that much? I mean to be losing money and be managing their frustration daily? So, I do not encourage again but I challenge traders to put themselves into the test of the quest if they are really worthy. If they can pass, fine, but if not, should we continue to encourage them, who knows? More people will lose their money. Regardless, there are major things to know and possess in trading, some of them are; Good trading strategy, management, psychology and effective planning. I stated these in summary for these traders who are so determined to continue trading. If they know all these and put them into practice, they can prevail in the market.

Also, perseverance is good, but I must warn you that it is not as easy as we often preach, that's is the truth.

[fullhdpixel]

Trading alone is already hard so if you are profiting from your trade despite that you don’t get to finish it, then most likely you’re a wise trader. Not all are given chances to be in profits when trading, some are just trading and even wait till the end and still end up losing. So for me, there’s no need to actually finish a trade if you are already satisfied with your present profits. That’s for you to decide if you can still take the risk and finish an unpredictable trade.

Trading is not an easy thing to do in order to make a profit and if we are already in a favorable condition and we take advantage of it and this really depends on the personality of the person doing the trading whether we can still analyze the market and will be able to get bigger profits. There's no harm in continuing, but if we can't analyze well, I think it's better for us to take the profits we've earned and don't let us become greedy in trading and make wrong decisions that result in losses in the trades we make.

It's true, that trading isn't as easy as drinking water and one needs extensive knowledge and experience to gain success in trading and become an effective trader. And, it's a fact that a trader doesn't necessarily have to achieve the exact target they may have had with a specific trade and there is nothing wrong in settling down with less when you can see the chances of getting more are tiny and you might lose the profits that you can gain at that moment if you don't act quickly.

So, in situations where a trading position isn't providing a lot of profits or isn't up to your expectations but is still in profit and is turning into loss very soon, it's better for you to close that position and take the profit because there will always be such inconsistencies in trading which is completely normal.