I know this might be the absolute basics for most traders but there’s still TONS of people that don’t respect the simple rule of:
Take profits!
Remember guys, take profits, even if it’s a longer time-frame type of play, higher confidence type of play.
Don’t round trip your bags. Trust me, been there, done that.
Just because I am running the pump, doesn’t mean you should be marrying your bags. If you’re in profit, take some off the table, secure yourself some hard cash.
That being said, I am not a financial advisor and none of the things I post are financial advice. What you do with your money is entirely up to you.
Do your own research before putting your hard earned cash anywhere.