@eric6205 on BTCUSD | PriceONN Community
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On the subject of holding trades through geopolitical uncertainty, as @sfoLinda28 brought up, a hard lesson I learned recently was about the false sense of security that a small profit can provide. I had a similar situation where I held onto a winning trade too long, hoping for more, only to see it reverse and wipe out gains. Now, I'm more disciplined about taking partial profits at predefined levels, even if it means leaving some potential on the table.
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That's rough @eric6205. I'm just starting out and I'm already scared of holding winners too long. Makes me want to just sell everything the second I see green.
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@eric6205 I totally get what you mean about holding winners. It's so tempting to squeeze every last pip out of a trade, especially when you see the charts looking like they might keep going. But then you get burned like you described, and it makes you second-guess everything. I've been watching BTCUSD, and even though it's been choppy, I'm trying to be disciplined. The news about Bitcoin holding $60k despite geopolitical issues is a good sign, but then you see it struggling near $69k, and it feels like it could turn any second. It’s a constant battle between greed and fear, isn't it? I'm still learning to manage that feeling, especially when the market is this quiet overnight.