Learning to Exit Early

[henmark]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

Early exits are good, especially if you are in profit and don't want to hold for too long expecting greater returns, but it is sometimes also good if you are at a loss and you see the market declining, because when you don't exit early, as you said, small losses start growing, and then eventually after some time, you will see that you have lost more than 50% of what you had invested in that particular coin or token. This has happened to me a lot of times, and now I have promised to myself that I won't wait for reversals.

I still have some tokens in my portfolio that have lost more than 50% of their valuation, but I'm still holding them, because it's already too late to sell because that will cost me a lot of money, so I have no other option than holding. However, the lessons has been learned, and from now on, I will be very careful with these things.

[Hyphen(-)]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

Early exit is very important especially if you are not confident about the trade, if you stay long and the profit turns to loss it will become greed because you had the opportunity to take the profit and preserve your capital; however, taking the risk to wait long is another thing that requires skills and vast knowledge about; some traders are well experienced and are always confident on almost all the trades they placed even though some do turns out to be loss, but they do make huge profit in some of their trades; such traders do have insight and also good market analysis and also do dig dip in any project they will do such investment in, so a normal trader should learn how to exit as early as possible if he/she is not confident of the trade to avoid losing capital and keep learning from the experience.

[adultcrypto]

I don't use manual process for exit of my trades, unless maybe I just feel that the market is reluctant to move which may be a sign of change of plans contrary to my directional bias. If this happens, I will close my trade in profit or small loss. Apart from that, I set my take profits or stop loss the moment I place the trade. This is the right way to go about trading to avoid being too emotional about the trade.

[Hamza2424]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

You are right bro. Confidence gives us freedom and freedom allows us to take more risk and make more money if we will marriage a token and don't want to leave it we will be at a loss but not if we marry bitcoin that is going to be useful for everyone in my sight.

Now if we marry to alts, that are going up and down and we have been waiting for a long time and token's price is few cents from the break-even, you are still holding in the hope once it breaks, it will pump greatly but it opposes that.

It dumps quickly, and then we regret, and hope that we must have sold and bought later now when it is trading $10 to $15 less from the current price, just for example.

[tvplus006]

...Every exit shapes the next entry.Do you hold for hope or exit for control?

You must initially decide which profit will be acceptable to you and set a take profit in accordance with your expectations. In addition, you need to set a stop loss if the price moves in the opposite direction to your expectations and it is not recommended to move this level.

[Zaguru12]

I don't use manual process for exit of my trades, unless maybe I just feel that the market is reluctant to move which may be a sign of change of plans contrary to my directional bias. If this happens, I will close my trade in profit or small loss. Apart from that, I set my take profits or stop loss the moment I place the trade. This is the right way to go about trading to avoid being too emotional about the trade.

Those who actually tries to manually time their trade are either cut off guard and lead to loses or they are driven by greedy not to take profit. Having a stop loss or take profit to me makes you a better analysts and a more risk oriented trader than actually trying to do that manually. It is usually those who actually do not set their stop loss that you see getting liquidated when the market does a crazy move, a well set up stop losses can never make you get liquidated worst of it is you hit stop loss.

With stop loss and take profit you don’t need to monitor your trade always you can simply set it and do other things once it goes in your favour you simply get tapped out with the take profit or hit stop loss, the only time you actually look at such trade when it is still running is when there is a new fundamentals that will actually affect the trade and you go and re analyze again.

[Emitdama]

I set my take profits or stop loss the moment I place the trade. This is the right way to go about trading to avoid being too emotional about the trade.

Yeah, being mechanical while trading helps for sure. You need to be acting as per what is planned before the market hours. Some sometime, I feel like that automatic way of trading would be much better because there will be no disturbance of emotional feeling after having any open position. When we are having set target and exit level in advance then we do not need to be approaching our trade emotionally. We can simply accept whatever market would be giving to us. Sounds like must be a right way of approaching trades.

Honestly I do not agree with the concept of exciting early because market may move at any direction over the time so exiting should be as per technical things and not by emotion.

[Ziskinberg]

As long as it's a profitable exit, then go without hesitation. You get to decide for your own money, your own investment, so if you have saved already significant amount of profits, and your target goal for investment has already been achieved, even myself, I would also take the same path.

However, if you are just into hodling your money which is less risky and less stress, then there's no issue if you dare to hold it more. The longer you stay for bitcoin, the bigger your earning potentials. But then again, your investment, your rules.

[Cryptomultiplier]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

There's no point in holding for hope when as a trader you know the risk involved. So taking profits early or cutting losses early stands to offer crucial benefits that is well rooted in proper risk management practices and a grand trading psychology.

The best traders use some good technical indicators that is used to set pre-determined early exit points and that's a good idea to consider to become great at trading inorder to avoid the emotional pitfalls of trading that comes as fear and greed.

[programmer3666]

yeah that is a very solid mindset because this days some traders struggle not with entries!! but with exits like knowing when to cut a loss or take profit early is what keeps you in the game longer me in my little and still growing knowledge i have learned that holding on just because of hope usually costs more than exiting early and waiting for a better setup to come along! freedom surely beats greed!! every single time

[2Pizza410000BTC]

That's your own decision, right? Exiting early is right if you feel it's time, but don't regret it if the price goes back up and feel sorry for taking a small profit.

But you get out early but the market crashes even more then your decision is right, it's just that we don't know what happens in the future.

Of course the decision is in your own hands.

Of course, exiting the trading platform early is a personal decision, but after exiting, no trader should regret that if I had stayed longer, I would have made a lot more profit. Those who regret this kind of thing will not be able to exit the trading platform very quickly, but will face more losses. However, I always think that it is better to exit the trading platform early with a small profit because we cannot analyze the trading platform well. Many times, after exiting the trading platform early, the market is dumping a lot, then I feel very experienced to exit early, I think I did a good job by exiting the market.

[irhact]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

All traders are suppose to know how to exist the market at the right time and also know when the market needs some patience and allowing the charts to retract back. Bitcoin can be dipping only to increase later therefore it isn't every dip that should be for selling or taking precautions. Infact some dips are only happening to shake out weak hands for the diamond holders to make the most profits. Some early exist are going to save you from losing to the market while others would make you miss out of potential profits but always protect your money and take the precaution that won't make you lose even though you don't make the profits you were expecting.

[Questat]

Everyone who makes an entry in the market, has also its ideal time when to make a profitable exit. So we all comes with different timeline with our own market entry and exit. And if you mean to say having an early exit, its not that early though if you have been here for the market for 10 years and up. That even makes a good exit for you. But having an exit that is not supposed on your real plan, that early exit may not always be profitable and worth exiting for. But you always have your own plan for your investment, right?

[Kasabus]

You’re the only one who makes decisions for yourself, and if you see profit and you’re satisfied, then take it, no need to doubt your move.

The truth is, there’s no specific strategy that always works in the market since it’s unpredictable. If you’re into short-term trading, you really need to observe how the market behaves because that’s where you’ll find your edge and possibly become profitable. But honestly, why stress yourself when you can just hold and relax?

If you bought in 2016 and held for 10 years, just imagine how much you would’ve made. It’s not 2026 yet, but the trend for Bitcoin is still going strong, so we can probably expect an even bigger surge ahead.

We all want the idea of making an early exit, because we all want to enjoy the profits as early as possible. But the real question is, are we satisfied enough with what we have been hodling though? Or we are just blinded by our greed to enjoy the profits, when we can always take time to sell and leave the rest for future profits.

The decision to take an early exit is all up to us. But also, the decision to keep moving forward will definitely be worthy of our time and effort as well.

[Asuspawer09]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

I mean, there are a lot of different strategies and also depend on how you are going to strategize your exit but through out the years on my investing, Im able to maximize my profit when I exit early especially when it hit all time high, last time I just sold a huge part of my Bitcoin when the market hit 126k$ which is a good exit since the market never hit that market price again even until today, So the secret really is being early as well, when you are on position it is easy to strategize and exit early as well.

I do Dollar Cost averaging and then position my self early, if you could establish a good position when the market is still doesnt have a huge movement its probably a good sign the your could exit early, But still you cannot exit everything at the top of the market, In my experience your never know the top of the market, It always feel like the market could still increase its market price and break new highs until the market drops and never reach that market price again, so the strategize exit are also on small portion so you cant exit everything at once to manage your risk as well.

When the market is hitting all time high, its a good time to sell some, when the market doesnt have any fear its a good time to sell, its always going to be invert after that so selling when there was still no fear is a good sign to exit early, I've test it a lot of times, always sell when the market is on good position and on momentum, having that liquidity is a good thing so that you could even hold for long term.

[Gaza13]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

Yes, it is your experience that makes you much better than before, there is nothing wrong with exiting trading early, it is your experience and discipline during the process of protecting your capital. This is very helpful to avoid big losses and build a wiser mindset over time. Yes, most novice traders often hold positions for much longer in the hope of getting bigger profits than before, this greed is what often makes them fail in trading. In trading, we should determine or set when to close a position according to our own preferences. If we want long-term trading success, all you need is consistency, experience, and wise risk management.

[eisen33]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

Overstaying a trade is almost always worse, because if you decide to exit early, you'll definitely exit with a profit, even if you earn less. Exiting late will always be disappointing, because you'll be settling for a smaller profit, and sometimes, in the worst cases, it could even result in a loss. It's best if the price reaches your target and you exit without hesitation, without worrying about the price rising even higher. Yes, it can rise, but it can also begin to fall rapidly, so hesitation shouldn't hinder you.

[gunhell16]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

Every exit shapes the next entry.Do you hold for hope or exit for control?

Early exits are good, especially if you are in profit and don't want to hold for too long expecting greater returns, but it is sometimes also good if you are at a loss and you see the market declining, because when you don't exit early, as you said, small losses start growing, and then eventually after some time, you will see that you have lost more than 50% of what you had invested in that particular coin or token. This has happened to me a lot of times, and now I have promised to myself that I won't wait for reversals.

I still have some tokens in my portfolio that have lost more than 50% of their valuation, but I'm still holding them, because it's already too late to sell because that will cost me a lot of money, so I have no other option than holding. However, the lessons has been learned, and from now on, I will be very careful with these things.

That's actually good, honestly speaking, because those who do that are just being cautious so they don't lose the profit they already have. They're the ones who don't crave extremely
large profits instead, if they know there's already profit to take home, that's okay with them and they'll take it out right away.

I can say that this kind of strategy by traders is also responsible, as long as they don't become careless with the method they use and they can maintain their profits
then they should just continue. That's actually just how easy it is to understand.

[EarnOnVictor]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

I was hoping you would add what you wrote in the next paragraph, and I'm glad you did.

Exiting in both trading and investing are as important as speculating to buy the asset. If care is not taking, regrets will happen. As you've hinted it, summarily, it could be the regret of late exit or early exit. Regardless, there's no perfect exiting, my friend, and this understanding alone should make us hurt less..

The exit that did not end in losses is worth it. It's only the one that ended in loss that anyone should be unhappy about. Losing by exit could be a saver too, so the hurt shouldn't be too much in any situation, but to rather focus on building a good and consistent exit plan.

[robelneo]

Exits used to be emotional warfare. I’d hold, praying for reversals, until small losses grew. Then I learned to exit early not from fear, but from freedom. Early exits preserve capital and confidence.

Now, leaving too soon feels better than staying too long. Freedom beats greed every time.

This is something we have to learn: not to become too attached to our assets. You need to take action at the right time. Extending your patience is like extending your greed.
The market is very volatile; you need to accept cutting your losses if the situation calls for it. I experienced holding some of my assets and felt sorry for holding on.