How to avoid the "trick" of small candles and know when to exit with a profit?
Many traders lose because they watch the candles "minute by minute", which causes stress and wrong decisions. Here’s the solution:
The big frame rule: Do not open a trade based on a 5-minute frame. Always look at the four-hour or daily frame to determine the true direction. If the trend is upward in the big frame, don't worry about the fluctuations of small candles.
The art of exiting (don't be greedy): Don't always wait for the "peak of the peak". Distribute your sell targets into 3 stages (for example: sell 30% at the first profit, 30% at the second profit, and leave the rest with a stop loss at the entry point). This way, you exit with a profit no matter what happens.
Goodbye to fear: When you exit with part of your profits early, your mind will calm down and you can "be patient" with the remaining part of the trade with a cool head.
Summary: The successful trader looks at the big picture and exits the market gradually.
Question for followers: Do you prefer fast trading (scalping) or do you follow the big frames?
Warning: Trading requires psychological discipline and strict risk management. Always do your own research before trading.
$DOT
$SOL
