The Golden Rule Helps Me Succeed in Trading and Save Thousands of USD

When I started trading, money just kept flowing out of my account endlessly. I used to blame the market, bad luck, or even the influence of experts. But then, I realized one thing: 👉 "Never enter a trade without an exit plan." The reverberation is so surprising, but most traders overlook this rule. Let's find out why it's so important. 🚨 Issue: Hope Is Not a Strategy Many people believe that just 'hope' the market will return to a favorable trend is enough. In reality, there is no exit plan similar to gambling without a fixed table: Buying without a target price: You can hold on forever, witnessing profits vanish over time. Not setting a stop-loss order: One wrong move can wipe out all your profits in a blink of an eye. Ignoring profit-taking: You may see a trade increase by 200%, but in the end, only 20% of actual profits remain. I have experienced a painful lesson when buying $SOL, witnessing the price surpass $200... then falling like rain, dropping to only $8. The valuable lesson is: If you do not take profit actively, the market will "take profit" for you! ✅ Solution: Intelligent Order Exit Strategy Before entering a trade, always establish a clear exit strategy. Here are some strategies that I have successfully applied: 🎯 1. Ladder Exit Strategy Implementation: Sell 25% of the quantity at 2x profit level, sell another 25% at 3x level, and let the remaining part run with a trailing stop order. Example: Buy Solana (SOL) at a price of $20Sell 25% at $40Sell 25% at $60The remaining portion is protected by a stop-loss order, for example, set at $50 🛑 2. Stop-Loss Order (Stop-Loss) to Protect Capital How to do it: Set a stop loss level about 10-15% below the purchase price to limit the risk of heavy losses. For example: Buy LINK at a price of $12Set a stop loss order at $10.50.This way, if the price drops, you won't suffer as heavy losses as when the price falls to $7. 💰 3. Strategy 'Moon Bag' Implementation method: Sell ​​the initial investment portion when reaching 2x or 3x profit, then keep the remaining "free" portion. Example: Buy HBAR at $0.15. When it reaches $0.30, sell half of the quantity. The remaining part becomes "risk-free money" because the initial capital has been recovered. 📊 4. Exit Order Based on Time Implementation: If there is no significant movement in the transaction within 3-5 days, consider exiting and looking for new trading opportunities with stronger trends. Note: This strategy is suitable for highly volatile currencies such as DOGE, SHIBA, or XRP. 🔥 Conclusion: Planning – No Planning, Just Risks Trading without an exit strategy is gambling with destiny. When you cannot determine how to take profit or cut losses in advance, you are just "hoping" instead of "strategizing". Please remember: ✅ Entering an order must be accompanied by a clear exit strategy. ✅ Closing the deal in time while others are busy chasing hype. ✅ Cut loss early to avoid turning risk into disaster.