Learning to Exit Early

[Finestream]

I don't think an early exit will make you achieve freedom. Because as what I understood, its not about having an early or late exit, but it depends on how you currently feel towards the market. If you have been making satisfying income already, then now is your best time of exit. But if you are seeing bigger opportunities by hodling more, staying in the market longer, you can always extend your time of hoding.

Do not be blinded by early or late exit, stick to make the best time of exit. And you know exactly when it will be.

[bhadz]

Do not be blinded by early or late exit, stick to make the best time of exit. And you know exactly when it will be.

It's hard to know when to exit exactly. I think it's best to take profits whenever you are happy and satisfied with it. Investors think of the best time to exit and the best amount when they do that. But, when we're thinking of it and it's not yet achieved, that's the time that we're having problems of waiting for it because the market's volatility, it doesn't happen at all. Until, we start to see the opposite of the price that we set when we're about to take profits or exit and it doesn't come along accordingly with the plan that we have set.

[aioc]

It depends on how you manage your risk, whether you have done your research, and whether you are comfortable with your investment and will hold it because you believe it could bounce back and do better than stay on.
You have to be flexible on how you manage your assets. Cut your losses based on performance, or hold on if you see potential as a trader. You need to be a greedy and safe trader at the same time —whatever will give you a profit, take the right action.

[Bushdark]

Do not be blinded by early or late exit, stick to make the best time of exit. And you know exactly when it will be.

It's hard to know when to exit exactly. I think it's best to take profits whenever you are happy and satisfied with it. Investors think of the best time to exit and the best amount when they do that. But, when we're thinking of it and it's not yet achieved, that's the time that we're having problems of waiting for it because the market's volatility, it doesn't happen at all. Until, we start to see the opposite of the price that we set when we're about to take profits or exit and it doesn't come along accordingly with the plan that we have set.

Exiting the market early is one of the most difficult task to do as a trader or investor. Even though there are different indicators to use to know when price will be falling very fast, people are still finding it very hard to exit the market at the right time because of so many fake indications from these indicators we are using in the market for trading and getting signals. If all those signals, market analysis, charts decoding are working, many traders would have not been trap in this bear market. There are people that bought at the top and still struggling to hold so they don't sell and lose money.

[Mpamaegbu]

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

Once we hold our losses with an expectation that price will return to entry level, that's hope. Hope is a bad recipe in trading because it leaves us emotionally drained seeing or imagining what isn't on the chart. Once we're hopeful, we begin to find reasons not to close losing trades and then we begin to get into deep mess. I've held bad trades for weeks with hope that they reversed. Most of them I ended up closing in deeper losses than I would've if I had set my SL initially. It's better to set SL on every trade one takes than allow trades run.  Exiting losing or winning trades gives one control over one's emotions. I agree with that.

[bhadz]

It's hard to know when to exit exactly. I think it's best to take profits whenever you are happy and satisfied with it. Investors think of the best time to exit and the best amount when they do that. But, when we're thinking of it and it's not yet achieved, that's the time that we're having problems of waiting for it because the market's volatility, it doesn't happen at all. Until, we start to see the opposite of the price that we set when we're about to take profits or exit and it doesn't come along accordingly with the plan that we have set.

Exiting the market early is one of the most difficult task to do as a trader or investor. Even though there are different indicators to use to know when price will be falling very fast, people are still finding it very hard to exit the market at the right time because of so many fake indications from these indicators we are using in the market for trading and getting signals. If all those signals, market analysis, charts decoding are working, many traders would have not been trap in this bear market. There are people that bought at the top and still struggling to hold so they don't sell and lose money.

You'll never know if the peak that we've been through is the final peak. I think those who are waiting for the indicators, peaks and any other factors before they exit. Think of what the whales are doing, we've been up to $125k+, right? there are whales that didn't sold at the top. But when they've seen that the price of Bitcoin starts to drop low and have reached $115k and then back to $100k, they've sold in between of these prices. That's why you'll never know if the ceiling has been hit and for as long as you're in profit by doing some sale now, you only have to set your mind that you're okay with it and happily going to cash out.

[GeorgeJohn]

In Trading it's most that you will lose, and for you to lose will make you to become conscious in Trading, so losing have it's lessons, and be scared of losing will make you to lose when you don't expect and you will lose a huge amount..

The best thing to keep yourself on a safety side in trading, is learning, and continuous practising, so many persons today who is making money in trading, what makes to be a beneficiary of trading is a constant trading without discourage...Many traders today have history of what they have lost in trading

If someone is scared of trading and not a courageous trader it will end up quitting in trading because lost it experience, what makes traders to be successful is determination and constant learning from their previous mistakes...As a trader if you can’t figure out your mistake that means you're not a good trader, and I will advice you to exit from trading.

[Y3shot]

One of the important things for every trader to understand is that trading is never to allow greed to drive you. There is never a guarantee when you lose in trading, and if you continue to trade, you will recover your loss. Trying to recover your loss may even lead you to lose more while trading. The best way to manage funds in trading is that when you lose, it is better to stop trading, especially when you have limits and you can’t afford to lose again. There is no need to take risks. It is better to always take risks with the funds that you have already planned to trade with and not with the ones you can’t afford to lose.

[AmoreJaz]

It depends on how you manage your risk, whether you have done your research, and whether you are comfortable with your investment and will hold it because you believe it could bounce back and do better than stay on.
You have to be flexible on how you manage your assets. Cut your losses based on performance, or hold on if you see potential as a trader. You need to be a greedy and safe trader at the same time —whatever will give you a profit, take the right action.

And once you are already in profit, much better to cash out some and not go all in again. Be conservative with your estimates because you can easily be liquidated if you won't stop and continuously putting all your money into this market. Need to have contingencies all the time as this market is very unpredictable.
As a trader, it is indeed better to cut losses before you totally lost it all. Because most traders would hope for the recovery but most of the time, you can't recover such losses especiallynif the coin you are dealing with continues to decline without the chance of recovery.

[mrust_mobile]

You know what they say, nobody can go broke taking profits. If you will feel sad for not selling some when the markets start crashing, it means you are taking more risks than your mental health can handle. But then if you sell too much, you’ll have the same feeling when the markets enter a bull market. You’ll think i should have bought more. Instead of fomo selling or fomo buying; it is always best to have a solid plan and no matter what happens never leave that plan. I have seen so many good traders with very good strategies but most of them failed to stick with their plans because it only takes one mistake to blow the whole thing.

[IjawMan]

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?

If you are not confident with taking the trading position then you should not do it. Get your analysis right and know where to place your stop loss and where to aim on  taking profit instead of  exiting too early when the party might just be getting started.

Leaving too soon and missing on making profit when the market begins to move in the direction you were projecting does not make you a better trader. Could be that you do not have a target and is trading with a lack of confidence in your strategy.

[Botnake]

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.

There's always the perfect timing to make an exit, that's when you have profit already above from your expectations. So if you think that's good enough for you, you must follow what you feel is right to do. But only few have this kind of mindset since majority are still greedy to experience bigger profits most especially if the market is still giving us advantages to stay in profits. Invest more as long as you'll be making consistent profits, and just decide to exit when you don't see the market profitable anymore.

[Yamifoud]

As much as there is an early entry, there's also the possibility of an early exit. But come to think of it, if you have entered the market as early as 2015, and decide to exit by 2025, that's already a lot of years spending your time investing with bitcoin. You must have gained life-changing profits if you never dare to sell from the moment you decide to invest for long term. That case, the idea of early exit is just perfect.

However, for those who have just invested 3 or 5 years from now, making an exit is not the best solution yet. Stay more and invest more, so that you will met profit satisfaction along the way.

[Distinctin]

Freedom does not only happen when you are ready to move outside your comfort zone for the past many years. But it will also become possible when you let yourself stick to what you're doing because that gives you good amount of profits and financial satisfaction. Although we do have different concepts here, but the end goal is still enjoying freedom and financial security in the long run. And for now, I still see staying in bitcoin is what makes me feel that way, leaving the market may probably far to happen.

[Vaculin]

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.

Everyone here is obviously dying to make profits. Some may have achieved it early, while the others are still working on it. Simply put, we have different time of exit from the market, some may take it early, while others may experience it late. But in reality, the market is never early or late, it's still right in time.

There is no requirement that we should take an early exit, nor we should stay longer in the market making the most of our investment.

[MarjorieZimmermanGinger]

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.

Refrain from exiting the market is usually influenced by a losing trade, as people think a reversal is possible and hope to return to a profitable position. This often happened to me in the past because I held onto losses too often, ultimately wiping out my entire capital in a single trade. I used that experience as an important lesson, and now, when I want to trade, I always set a stop-loss/take-profit, so that even if the market doesn't move as predicted, my capital expenditure is much more manageable. It may seem difficult at first, but once we succeed in implementing it with discipline, trading becomes much more enjoyable and less emotionally draining due to constantly holding onto losses.

[TheUltraElite]

If it seems too much of an emotional thing try staying away from trading for a few months and see it is affects you positively or not. While some traders are able to handle ups and downs, we can find most traders not being able to take that and it is fine, trading is not for everyone.

In you only focus on long term trading the short term ups and lows would not matter at all. There are people who are into long term and are doing well trading on it with little stress to handle.

There are short term traders who are heard only for few days never to be heard of again. Dont be that guy.

[Lanatsa]

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.

There's always the perfect timing to make an exit, that's when you have profit already above from your expectations. So if you think that's good enough for you, you must follow what you feel is right to do. But only few have this kind of mindset since majority are still greedy to experience bigger profits most especially if the market is still giving us advantages to stay in profits. Invest more as long as you'll be making consistent profits, and just decide to exit when you don't see the market profitable anymore.

Learning how to exit early is one of the hardest lessons any trader has to go through because it goes completely against that emotional instinct that keeps whispering “maybe it’ll bounce back just a bit more.” many traders end up watching their small profits vanish or their manageable losses grow into disasters simply because they refused to let go at the right time. The truth is not every market movement deserves your full reaction sometimes the dip is just noise and other times it’s a warning of something deeper the difference lies in reading the momentum and knowing whether that retracement is healthy or the start of a reversal bitcoin especially has a way of tricking traders because it can drop sharply only to pump again days later and if you don’t have a plan you’ll get caught between panic and greed.

Early exits should never come from fear but from logic from freedom like you said it’s about protecting your capital and staying ready for the next trade not about chasing every candle a good exit plan isn’t just about maximizing profit but minimizing emotional damage too because once you lose confidence the next trade usually suffers. Patience and control are like twin pillars for every successful trader sometimes it’s better to take a smaller gain or even a small loss and step aside than to fight against a market that’s clearly shifting direction money saved is money that can grow again later there’s no shame in stepping out early what matters is being able to step back in stronger and smarter when the right setup appears.

[justdimin]

Everyone here is obviously dying to make profits. Some may have achieved it early, while the others are still working on it. Simply put, we have different time of exit from the market, some may take it early, while others may experience it late. But in reality, the market is never early or late, it's still right in time.

There is no requirement that we should take an early exit, nor we should stay longer in the market making the most of our investment.

Timing is really crucial when it comes to trading. Early exit is not really what we all want here instead, we prefer sticking around for a while and maximize the profits but cutting short loses with a proper risk management in place. We all need profits as we all have different strategies. OP might feel exiting early will work for him/her but is it really true? Have OP made any profits so far or has just cut-short loses?

I think he might have been able to cut-short loses but might have hardly made any profits and even might have lost some amount in simple trading fees. Holding positions for longer tends to give more profits because patience comes into picture. And patience is a key to profit when it comes to trading. I don't really think patience is what OP looks for so he prefers exiting early.

[cryptoaddictchie]

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?

It depends on the coin or tokens that I am holding. Sometimes I really just sold and don't wait for a good valuation because it's an airdrop. But if Id really like the project and see it's potential I typically hold some and wait for a good exit price with considerable profits. But nevertheless it's always hard to have a perfect entry or exit there will always be a precedent for that.