I’ll have my most conservative target, whether be a 62% of the most recent high or something else. (Anywhere from 30-100% gains) and I’ll sell half.
then I will sell half of that new position at my most realistic target (most recent major high, major fib, wave target)
at this point I should be more than free carried, and I’ll ride out based on fibs or structure, go for an out there target. (200-1000% profit from initial position).
I find the quicker I can lock in profit, the less likely I am to make a stupid decision.
