There are three levels of profit-taking in stock trading. See which level you have reached.

There are three levels of profit-taking in stock trading,

Let’s see which level you have reached:

First level,

Beginner level — want to run after earning a little.

Sell in a hurry after a 5% increase,

Fearing profits will be lost.

The result is often selling too early,

Missing out on the subsequent doubling of the market.

Second level,

Experienced trader level — know how to move stop-loss.

For example, set a 5% stop-loss,

When it rises to 50%, widen the stop-loss to 8%,

Allow a 10% pullback after doubling before selling.

Let profits run a bit longer,

But also protect most of the gains.

Third level,

Master level — only look at the trend,

Ignore fluctuations.

As long as the upward trend is intact,

Hold on; when the trend changes,

Exit calmly.

This requires great patience,

Willpower,

And years of accumulated experience.

Which level are you at now?

Most people are stuck at the first level,

A few reach the second level,

Those who reach the third level,

Are very rare.

But each step forward,

Brings you closer to “consistent profits.”