Hello folks, I wanted to provide an update on my recent position in $INJ.

Yesterday, I decided to close my position on $INJ.

Regrettably, we did not reach the target price of $41.5, but we did manage to hit the first take profit level at $37.5.

If you were also involved in this trade, you may have been stopped out when the price reached our stop-loss level at $33.5.

Moving forward, I would like to share a strategy on how to manage trades and secure profits, even if the target price may not be achieved.

One approach is to implement a trailing stop-loss. This strategy involves adjusting the stop-loss level as the price moves in a favorable direction. By moving the stop-loss up to a key level, such as a support level or a certain percentage below the current price, you can protect your profits in case of a reversal while still allowing for potential gains.

It is crucial to carefully determine the appropriate level for trailing the stop-loss, taking into account your risk tolerance and the prevailing market conditions. Utilizing a trailing stop-loss can be an effective tool for safeguarding profits and minimizing potential losses, particularly in volatile markets.

Always remember to diligently manage your trades and consider implementing risk management strategies to safeguard your capital.

If you have any further questions or require assistance on any other topic, please feel free to ask!

#TradeNTell #Wriite2Earn #BTC #INJ