Himmy on Farcaster

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https://warpcast.com/~/channel/success

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Himmy pfp

Knowing when to exit a trade is just as important as knowing when to enter. A lot of bad trades and decisions can be avoided by following the rule of doing business only in your predefined areas of interest. Most of the time, having a pre-set TP/SL is better than adjusting it mid-trade, especially if you're less experienced. Plan the trade, trade the plan. ✍🏻

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Maretus pfp

TP = take profit SL = stop loss For any newbs that didn’t know. :p Thanks for the thoughts Himmy. I most definitely agree!

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Tim pfp

I don’t trade because I forget where the sell button is

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not_not_Duna 🍖 pfp

not_not_Duna 🍖

Important. Problem is when greed takes over

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Pretlove pfp

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ihawaii.eth pfp

TP/SL is the easiest and hardest at the same time🫠 20 $degen

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dopeboy.eth pfp

King of the round trips over here

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AtnsMDX pfp

I am also using something like an active stop loss

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SunnyDaye pfp

Yep.. I gotta work on my exit plan 🫡 🍖 x20

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Tracyit 🫧 pfp

Love to see good advice. Even those that know a bit, need refreshers on the fundamentals. It's so easy to get caught up in nUmBEr gO uP 89 $degen

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Ashira 🎨👏🎩 pfp

Ashira 🎨👏🎩

You mean we don’t hold to zero??

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Rafaello pfp

Never been said better Although I don’t trade

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Papa Bear pfp

Plan the trade, trade the plan This is the way 🤝🏻 🍖 x 420

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amc pfp

Solid advice 🤝 I tend to be longer term oriented and sometimes get caught holding past where I roughly planned to sell. If it’s a high conviction bag, prob ok. If it’s a hyped token/nft you can get burned badly 🍖 x300

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ThePoet🎩🔵 🧾 pfp

ThePoet🎩🔵 🧾

Buy lot of meme coins, leave until one makes 100x , exit 50 $degen

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madyak pfp

Good stuff friend. Predetermined is the way

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𝑶𝒕𝒕𝒊🗿✨ pfp

𝑶𝒕𝒕𝒊🗿✨

You do perpetual trading?

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Frey trades🎩📈 pfp

Frey trades🎩📈

Most definitely mate, saved me from a world of hurt this morning, having an edge and sticking to it is the difference between profitable traders and the others (me included😭)

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Athxna 🎯🐈‍⬛ pfp

Athxna 🎯🐈‍⬛

This is great advice! Thanks for sharing Himmy 🥰 Need to keep learning more about trading. I find it so interesting.

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AdamBoy 🎩 pfp

Thanks for the reminder Himmy, I still need to learn more about trading.

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