Importance of Taking Profit (TP) in your winning trades in a bull market!
đ¶ Taking profit (TP) is a key part in any winning trade if you want to be a successful trader. Never let the greed take over your nerves. Always plan your trades before executing them.
đ¶ It is the most common mistake that many of you new traders make. You may have many winning trades but you don't take profits when the price is going up and you end up losing all of your gains when price goes down or loses uptrend momentum.
đ¶ Don't be afraid to take profits. There are always new opportunities available in this market.
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