5. Take Profit
You’ve heard it whispered in the hallowed halls of finance, scrawled on bathroom stalls in trading firms, and probably even mumbled by your grandma if she’s secretly a forex guru: “The trend is your friend.”
And let me tell you, it’s not just a catchy little rhyme your mentor uses to sound smart. It’s the absolute, unadulterated truth. Because trying to trade against the trend is like trying to convince a toddler that broccoli is delicious: you’re going to lose, you’re going to get messy, and you’re going to end up crying into your pint of ice cream.
- Is the current trend bullish or bearish?
2. Is the main trend bullish or bearish on selected timeframe?
3. Where is price now? where are the keylevels?
4. Are there any Price Action?
5. Are there any failed Price Action?
6. Is there evidence that the market is getting rid of buyers or sellers?
💰
The Golden Rule: Have a Plan Before You Enter!
No matter which method you choose, the most crucial aspect of taking profit is to define your take-profit point before you enter the trade. This prevents emotional decisions and ensures you’re trading with discipline. It’s part of your “best setup” plan!
5. Take Profit
What is a Take Profit Order?
A take profit order (also known as a limit order for profit) is an instruction placed with your broker to automatically close a trading position once the price of an asset reaches a specified, more favorable level.
Why is the Take Profit Order Crucial?
Locking In Gains: The primary function of a take profit order is to materialize paper gains into actual realized profit. Without a predefined exit, greed can lead to holding positions for too long, potentially giving back significant profits if the market reverses.
Objective Exiting: Like stop losses, take profit orders remove emotion from the exit decision. By pre-determining the target based on analysis, traders avoid the temptation to hold for “just a little more” or the fear of a reversal, which can lead to suboptimal exits.
Maintaining Risk-to-Reward Ratios: For every trade, a professional trader calculates a specific risk-to-reward ratio (e.g., 1:2, 1:3). The take profit target is intrinsically linked to this ratio. It ensures that potential profits are always meaningfully larger than potential losses, which is a cornerstone of long-term profitability even if not every trade is a winner.
Strategic Planning: Defining a take profit level forces a trader to think through the entire trade plan before entry. It involves assessing the market’s potential movement, identifying logical resistance/support zones, and ensuring the trade offers a compelling profit opportunity relative to the risk taken.
Capital Efficiency: By taking profits at predefined levels, capital is freed up to be deployed in new, high-probability trading opportunities. Holding onto trades past their optimal profit potential can tie up capital unnecessarily.
Intelligent Take Profit Placement:
Effective take profit placement is a science and an art, grounded in technical analysis and market understanding. It is generally determined by:
Key Resistance/Support Levels: Targeting previous swing highs (for long trades) or swing lows (for short trades), or other significant price barriers where the market has historically shown a reaction.
Fibonacci Extension Levels: Using Fibonacci retracement tools to project potential profit targets based on previous market swings.
Projected Trend Movement: Assessing the average length of previous swings in the direction of the trend and projecting a similar move.
Volatility and Average True Range (ATR): Understanding the typical range of movement for an asset to set realistic targets.
Achieving Target Risk-to-Reward: Ensuring the profit target yields the desired risk-to-reward ratio for the trade setup.
Our Approach:
In our disciplined swing trading methodology, every trade is entered with a meticulously calculated and placed take profit order, alongside its corresponding stop loss. This dual-pronged approach ensures that both risk and reward are precisely defined before capital is committed. By setting realistic, technically sound profit targets, we consistently aim to secure substantial gains from market swings, maintaining the favorable risk-to-reward ratios that are essential for sustainable profitability. This proactive management of exits is as crucial to our success as our entry selection.
💰Quotes:
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”
💰Normal Tone Slogans:
“Enter with a plan, then let the trade play out.”
“The work is in the setup — the result comes with patience.”
“We don’t babysit trades. We trust our edge.”
“Entry is action. Waiting is discipline.”
“After entry, emotion has no place — only patience.”
💰A profit isn’t real until you take it.”
“Take profit with discipline, not emotion.”
“Stick to your plan—lock in your gains.”
“Smart traders know when to exit.”
“Take profit before the market takes it back.”
“Greed kills trades—discipline locks profit.”
“Profit targets are part of the plan, not wishful thinking.”
“Never apologize for taking profit.”
“Trade with a plan, exit with profit.”
“Secure the bag, then let the chart do what it wants.”
💰Funny Take Profit Slogans:
“Take profit—before the market laughs in your face.”
“That green number? It’s not yours until you hit ‘close’.”
“Closed the trade too early? Good. You made money.”
“Take profit like your rent depends on it!”
“Don’t wait for fireworks—sometimes profit is just quiet and green.”
“Your trade went green? Smash that take profit like a gamer on a win streak.”
“Take profit: Because revenge trading isn’t part of the plan.”
“Close that trade. Flex later.”
“Take profit… then go brag to your trading group chat.”
“Greed says ‘let it run’—your account says ‘take the win’.”
💰 What is a Take Profit?
A Take Profit (TP) is an order that automatically closes your trade when the price reaches your target profit level.
It’s the opposite of a Stop Loss — instead of limiting your loss, it locks in your profit.
💰📌 Example:
You buy EUR/USD at 1.1000 and set a
Take Profit at 1.1100
Stop Loss at 1.0950
If price goes up to 1.1100 → your position closes automatically with profit.
💰✅ Why Use a Take Profit?
💸 Secures your gains without needing to monitor the market.
🧠 Removes emotions like greed or hesitation.
📊 Follows your trading plan with risk-reward logic (e.g., 1:2).
⏱️ Efficient trading – it works even when you’re away from the screen.
💰Tips for Placing Take Profit:
Use technical levels: resistance, previous highs/lows, Fibonacci.
Follow a risk-reward ratio: e.g., if you risk 50 pips, aim for 100 pips profit.
Adjust for volatility – in fast markets, TP may need to be wider.
We Wait
💰Funny Tone Slogans:
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
💰
Price action is the foundation of technical trading. It refers to the movement of price over time, without relying on indicators. Here’s why it’s powerful:
🔥 The Power of Price Action:
Simplicity
Price action strips away distractions. Traders read candles, structure, and key levels directly from the chart.Real-Time Clarity
It reflects real-time decisions of buyers and sellers, showing where the market is reacting.Universal Application
Works on all timeframes and markets—forex, stocks, crypto.Identifies Key Setups
Patterns like:Pin bars
Engulfing candles
Inside bars
Break and retest
provide high-probability entries.
Institutional Footprints
Price action helps you “see” what smart money is doing—entries at key levels, liquidity grabs, false breaks, etc.No Lag
Unlike indicators, it’s immediate—based on what’s happening now, not 10 bars ago.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
💰Funny Tone Slogans:
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”
💰Funny Tone Slogans:
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”
We Wait
💰
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
💰
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”
💰
“Enter the trade — then sit on your hands like a monk!”
“We don’t click and panic. We click and chill.”
“Traders who wait, get paid. Traders who fidget… donate!”
“We enter the trade, then do absolutely nothing like pros.”
“Let the market work. You’re not its boss.”