Don't take a trade until you have a plan of where you'll take profits and where you'll sell if it doesn't work out. 30 to 50% of your trades are not going to work out so the sooner you can realize your trade is one of those losers the quicker you can get back to a winning one.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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