Profits are made by executing—not by waiting. $SNDK
After opening a position, first set your stop-loss. Once it’s hit, you exit without waiting. After floating profit has moved in, trail your stop-loss upward to lock in the profit you’ve already secured. When the profit reaches a certain percentage, close part of the position first; keep the remaining position to continue following the trend. When the direction is right, let the profit run on its own. When the direction is wrong, control losses within a tolerable range. Profit is given by time—provided you give it time. People who can follow the trend and stay with it can hold onto profits longer than those who exit too early. The market isn’t short of opportunities; it’s short of people who, when opportunities arrive, can still hold on. Once you follow and protect your profits, the account will be stable. #ColdcardWalletLossesExceed$115M $XAU
After opening a position, first set your stop-loss. Once it’s hit, you exit without waiting. After floating profit has moved in, trail your stop-loss upward to lock in the profit you’ve already secured. When the profit reaches a certain percentage, close part of the position first; keep the remaining position to continue following the trend. When the direction is right, let the profit run on its own. When the direction is wrong, control losses within a tolerable range. Profit is given by time—provided you give it time. People who can follow the trend and stay with it can hold onto profits longer than those who exit too early. The market isn’t short of opportunities; it’s short of people who, when opportunities arrive, can still hold on. Once you follow and protect your profits, the account will be stable. #ColdcardWalletLossesExceed$115M $XAU