I am thinking recently that why not hold like 10 to 25% of your trading fund to leave the position opened and close just 75 to 90%. Good idea? I mean when you think the market can still continue in the position direction that you opened.
This is where trailing taking profit would really be that significant but basing up on what you have mentioned on here then taking up that 75% of profits and leaving 25% wont really be that a bad idea but in my case
then i would really be closing it out completely on which PROFIT IS PROFIT as always. Dont tend to look back if ever the market would really be that going further in terms of its movement.
When it comes to probability of having that even further overbought or sold condition then we do know that the market isnt something that could be predicted no matter how good your technical
indicator combinations would be showing up but still it wont really be giving out that 100% precision about price movement. It could neither be having that bounce back or would really be continue dropping
just because there are some additional fundamentals that mixed up in the market?
This is why decision making on this kind of conditions would really be crucial but just like on what said earlier that take and ensure profits so that you wont really be ending up
on regretting.