Just closed out half my position on this high-risk yolo trade setup - had to stick to proper position sizing rules even when things were looking interesting. Sometimes the smartest move is knowing when to take profits and lock in gains rather than getting greedy. Cutting exposure by 50% lets me manage the downside while keeping some skin in the game. Curious to see how the rest of this play unfolds from here. Risk management isn't sexy, but it keeps your account alive.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
ILCollector
· 13h ago
This is the true winning mindset: those who know when to take profits ultimately live the longest.
View OriginalReply0
UncleLiquidation
· 13h ago
Taking profits really feels much more comfortable than sudden wealth, but this wave of half out is still a bit conservative? I was originally planning to see you gamble all the way through.
View OriginalReply0
GasFeeGazer
· 13h ago
Taking profits is real; greed will cost you your life. This guy understands.
View OriginalReply0
ser_ngmi
· 14h ago
Now that's a veteran, really has self-control. I used to stubbornly hold on and refuse to admit defeat, and you know how that ended... Now I'm learning to gradually close positions, it feels less刺激 but my mindset is much more comfortable.
View OriginalReply0
ForkTongue
· 14h ago
This is true alpha; those who are not greedy live the longest.
Just closed out half my position on this high-risk yolo trade setup - had to stick to proper position sizing rules even when things were looking interesting. Sometimes the smartest move is knowing when to take profits and lock in gains rather than getting greedy. Cutting exposure by 50% lets me manage the downside while keeping some skin in the game. Curious to see how the rest of this play unfolds from here. Risk management isn't sexy, but it keeps your account alive.