Taking profits on the way up isn't something I preach just for the sake of taking profits.

There are 3 reasons for this that turn you into a better trader.

But most importantly a winning one.

1️⃣
Turn it into a habbit

Lots of people say they will take-profit eventually.

But taking profits is a mental game.

When prices keep going up it's the hardest thing to do because you think you will miss out.

If you don't practice it now, you'll never do it.

2️⃣

Mental-ease

There will be dips along the way. Even in a bull market.

And when prices have gone up a lot they also will be short, swift and brutal.

If you've secured some money, even when it's just a little you feel safe.

3️⃣

Winning this cycle

The last and obvious one:

Coming this cycle on top.

You might feel it's to early and yes, it very likely is.

It's a bull market and we are just in the early stages of it.

And yet... Anything can happen.

Cycles don't always repeat itself.