We all know that sweet feeling of a trade going our way but somehow, taking profits can feel almost impossible. Why is that? Answer: want more profits!
Are these scenarios also happening to you?
“When I want to take profit, I hear a voice: it will go 10x. Then it turns red.”
r/wallstreetbets - TAKING PROFITS ME BUT It CAN 1OX
Many of us have chased the mythical 10-bagger, only to end up with portfolios full of reminders of missed opportunities. The thought of exponential returns keeps us glued to positions far longer than we should.
The reverse scenario can also happen:
1.“I sell for profits, then it 10x overnight.”
Ever sold a position for a decent gain, only to watch it explode the next day? That regret can make you hesitate to sell next time, even when your position is doing well. Reddit stocks, United Healthcare, HOOD calls… we’ve all been there.
2.“Holding 3-month DTE option calls. Already up 100%, but earnings isn’t until next month. Expecting a blowout.”
Waiting for a big event—like earnings or product launches—can make you reluctant to take profits, even when your options have already doubled. The lure of a “blowout” can overshadow the safe choice: locking in gains.
The opposite says that “It could 10x” is just some insane gambling-brain thing."
Some investors admit that their expectations of massive returns are just… unrealistic. It’s tempting to chase the moon, but it often leads to massive losses rather than life-changing gains.
💬 Now we want to hear from you!
What keeps you from taking profits?
Do you chase “10x” opportunities, or do you have a system to lock in gains?
Ever regret selling too early or too late?
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Comments
Now I follow a simple system: take partial profits when I’m up nicely, then let the rest run until it hits my stop profit target or the trend breaks. This way, I lock in wins but still give myself a chance if the stock really takes off.
Of course, I’ve sold too early before and missed big runs, and I’ve also held too long and lost gains. Both hurt, but discipline matters more. For me, consistent profits beat chasing the mythical 10x.
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example:
500 units as a based regardless it gain or loss before my target is hit.
if the same day a strong movement to that then I will load 800 to 1000 units or even 2000 units. those addition units I will ensure sold at the same day as extra profit on top of existing. with this methodology, it will bring down the average and more profit to gain if it up. last but not least, never regret to any profit taken the same day because this is still a profit to us, extra money. some counter, just like a gamble to me which I will go to opportunity menu to search for plummet counter and just loadup and sell at the same day. opportunity menu does help me potentially gain so much profits than ever.