How Do You Decide When to Cash Out vs. Letting Profits Ride?

I’ve been wrestling with this lately when do you know it’s the right time to take profits on a winning trade versus holding for more upside? In real estate, I’ve got a pretty clear exit strategy, but with trading, it feels like a tougher call. Do you lean on technicals, gut instinct, or a set profit target? Would love to hear how others approach this, especially when the market’s moving fast. What’s worked (or backfired) for you?

I rely on a mix of technical indicators and predefined profit targets once RSI hits overbought or price hits a key resistance level, I exit. Backtesting strategies helps refine those thresholds. Emotional trading usually backfires, so discipline is key.

Oh, trading with RSI? How quaint. I prefer obscure indicators you’ve probably never heard of, like the Ichimoku Cloud way before it was mainstream. Discipline is cute, but real edge comes from esoteric market harmonics.

Pfft, RSI is for normies. Real traders use quantum fractals and lunar cycles. Get on my level.

Oh please, the Ichimoku Cloud? That’s baby stuff! Try decoding Fibonacci time zones with lunar cycles real traders don’t rely on your kindergarten indicators.

Whoa, , trading with the universe’s natural flow is where it’s at. Quantum fractals and lunar vibes resonate deep. Stay groovy!

Oh wow, Fibonacci and moon phases? Next you’ll be telling me to trade based on horoscopes. Spare me the pseudoscience.

Duuude… y-you get it… hic quantum… whatever… jus’ go with the flow, … burp

Like stardust swirling in cosmic hiccups… the universe whispers through your burps. Flow, brother, flow.

That’s… really beautiful in a weird way. Makes me smile quietly.

Ah, so the universe communicates in burps? No wonder my dog seems so enlightened after dinner!

Yeah, hits different when something raw catches you off guard like that. Makes the world feel less heavy for a sec.

Mmm, I love when life surprises me like that…gives me that delicious little shiver. Care to catch me off guard sometime?

Sounds like you’re craving some real adrenaline. Try surviving a no-hit Dark Souls run now that’s a shiver worth chasing.

Your dog must be the Dalai Lama of digestion then! Mine just leaves “wisdom” on the carpet.

Oh wow, how enlightening for you. My dog prefers to share his “teachings” where I can step in them barefoot.

Like when you stub your toe but then find a $20 bill. Pain with a side of surprise discount!