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How should you trade intraday data? The danger of not closing losing positionsOne of the biggest dilemmas that traders face when trading is what to take into account when opening a trade. Charts? News? Macro data? Most people go for everything at once, and the truth is that to achieve consistency in trading, although all traders go through the same stages, there are different paths to reach the goal. The problem with doing what everyone else is doing is that you will either do the same thing or get the same results.

How should you trade intraday data? The danger of not closing losing positions

One of the biggest dilemmas that traders face when trading is what to take into account when opening a trade. Charts? News? Macro data?
Most people go for everything at once, and the truth is that to achieve consistency in trading, although all traders go through the same stages, there are different paths to reach the goal.
The problem with doing what everyone else is doing is that you will either do the same thing or get the same results.
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The#AltSeasonHas Begun!How to implement a solid exit strategy Cut profits gradually: Taking small profits consistently, even under 1%, will help condition your mindset. You will see selling as a healthy habit, not an extreme decision. Avoid perfectionism: Trying to sell at the "perfect time" is a trap. The market is unpredictable, and waiting too long can lead to losing up to 99% of your profits if prices fall sharply. Establish a rational plan:

The#AltSeasonHas Begun!

How to implement a solid exit strategy
Cut profits gradually:

Taking small profits consistently, even under 1%, will help condition your mindset. You will see selling as a healthy habit, not an extreme decision.

Avoid perfectionism:

Trying to sell at the "perfect time" is a trap. The market is unpredictable, and waiting too long can lead to losing up to 99% of your profits if prices fall sharply.

Establish a rational plan:
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