Xnderworld Treader

1. Common Mistakes by Retail Traders

Holding onto losing positions due to stubbornness.
Selling winners too early for small profits.
Focus on immediate balance (green/red) instead of market trends and volume.
2. Strategy Shift: Let Profits Run, Cut Losses Early

For profitable trades: Set a 10% trailing stop when gains reach 15%. Secure profit if gains fall back to 10%.

Stay in if the price continues rising for bigger gains.
For losing trades: Exit immediately if losses reach 5%.

3. Why This Works

Locking in 10% profits and limiting losses to 5% can result in profitability with a 50% success rate.
With half of 100 trades winning, overall profit could reach 300%.
4. Biggest Challenge: Mindset Management

Discipline is crucial to avoid emotional decisions.
Mastering emotional control helps maintain patience with winners and quick exits for losers.
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