The real reason why profit-taking didn’t go well

My old self,

thought for a long time that I was bad at taking profits.

• Sell too early
• Fail to capture the rise
• End up saying “could have gone one more step”

So

I thought, “I have to get better at profit-taking.”

That’s what I believed.

But now I can state it clearly.

The problem wasn’t the “skill of taking profits.”

What was missing?

It was

that I tried to make the profit-taking judgments myself.

• Maybe it could still go up
• Ending here would be a waste
• But I’d hate if it reversed

In that moment,

the trade is already breaking down.

The reason is simple:

profit-taking judgments inevitably evoke emotions.

Profit-taking isn’t a “choice” but a “process.”

At a certain point I changed my thinking.

Profit-taking

• is something to be chosen
• is something to be precise about

and I stopped treating it as such.

Instead I thought like this.

Profit-taking is a process that activates when certain conditions are met.

• If it collapses, it ends
• If it hasn’t collapsed, it continues
• That judgment uses only the closing price

Here,

there is

“feeling”

“expectation”

“prediction”not involved.

Whether it rose or not is fine to judge in hindsight.

It’s a common phrase, though.

“The market could have risen further.”

This

can only be said after it ends.

But that’s okay.

• There’s no need to predict whether it will rise
• There’s no need to take the maximum
• Just keep from breaking it

With that alone,

the results will come afterward.

Reasons I stopped being indecisive about profit-taking

There is only one reason profit-taking became easier.

Because I hadn’t decided for myself.

When you haven’t decided something,

regret is less likely to arise.

• That I could have taken more
• That I might have acted too soon

The very possibility of thinking like that

no longer exists by structure.

What I stopped doing

• Thinking about profit-taking
• Going for the best
• Having expectations about the market

What I did instead was

designing only the ending.

Next Episode Preview (Episode 25)

Next, I’ll push here even further.

“Why I cling to the closing price”

The reason for discarding the wicks,

and the meaning of focusing only on the final bar.

――――――――――

Next Episode Preview (Episode 25)

Why do I only look at the closing price?

Why discard the wicks and focus on the confirmed bar?

This way of thinking becomes a structure for “how to end it.”