Protecting Gains: Why Discipline Beats Greed in Trading
Today, I closed 1 lot of $SPY 20250930 500.0 PUT early—before the Fed statement hit the headlines. It wasn’t because I feared missing out, but because I wanted to protect the gains I had already earned.
Events like Fed announcements can cause extreme volatility. Emotions run wild, and many traders make impulsive decisions, chasing bigger profits. But greed is one of the fastest ways to destroy an account. By taking profits early, I avoided unnecessary stress and stayed in control.
Trading isn’t just about strategy—it’s about psychology. Knowing when “enough is enough” is what separates consistent traders from those who burn out chasing the next big move. Discipline isn’t glamorous, but it keeps you in the game for the long haul.
Remember: locking in profits isn’t a loss—it’s insurance for your account. In trading, staying disciplined often matters more than chasing the home run.
Valid advice?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- j islandfund·09-24no room for fomo here⭐🐯LikeReport
- amirtanaka93·09-18👍🏾LikeReport
