MILLIONAIRE Trader REVEALS Secret Risk Strategy🚨
In this commentary, the trader discusses how to manage a position as the price approaches a pre‑identified target of $67.80. He weighs two primary options: placing a fixed take‑profit order at the target or using a trailing stop. He explains the risk of a trailing stop being triggered in a sell‑heavy zone, which could cause a premature exit before a continued upward move. He prefers to lock in pre‑decided profit levels to avoid losing gains to sudden spikes that could push the trade to breakeven. He also observes aggressive selling pressure on both the lower and upper wicks, noting that aggressive sellers on the top wick combined with absorbed buyers signal a potential reversal. Consequently, he considers exiting the position, possibly taking partial profit now, to protect against a strong sell area and the risk of a price spike.
