{"id":20215,"date":"2025-07-25T17:21:28","date_gmt":"2025-07-25T17:21:28","guid":{"rendered":"https:\/\/trading-edge.live\/?page_id=20215"},"modified":"2025-09-05T11:19:05","modified_gmt":"2025-09-05T11:19:05","slug":"account-take-profit-vs-account-not-taking-profit","status":"publish","type":"page","link":"https:\/\/trading-edge.live\/index.php\/account-take-profit-vs-account-not-taking-profit\/","title":{"rendered":"Account Take Profit Vs. Account Not Taking Profit"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t

4. Account: Take Profit Vs. Account: Not Taking Profit<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t
<\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t
  1. Is the current trend bullish or bearish?<\/li><\/ol>

    2. Is the main trend bullish or bearish on selected timeframe?<\/p>

    3. Where is price now? where are the keylevels?<\/p>

    4. Are there any Price Action?<\/p>

    \u00a0<\/p>

    5. Are there any failed Price Action?<\/p>

    6. Is there evidence that the market is getting rid of buyers or sellers?<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

    \n\t\t\t
    \n\t\t\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t

    \ud83d\udcb0<\/h3>

    Okay, “the trend is your friend” is a classic trading adage that reinforces the principle we just discussed: always trade with the prevailing direction of the market. <\/b>When you look at a chart with this philosophy in mind, the very first thing you’re trying to establish is: <\/span>“Is there a clear, discernible ‘friend’ (trend) on this chart that I can follow?” <\/b><\/p>

    It’s not just about identifying a<\/i> trend, but a clear<\/i> one, because your “friend” needs to be reliable. If the “friend” is wishy-washy, jumping all over the place, it’s not a reliable companion for a trade. Here’s how to think about what you’re looking for immediately:<\/p>

    \u00a0<\/p>

    \u00a0<\/div>

    \u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

    \n\t\t\t\t\t\t
    \n\t\t\t\t\t
    \n\t\t\t
    \n\t\t\t\t\t\t
    \n\t\t\t\t\t\t\t
    \n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t

    Account Take Profit Vs. Account No Take Profit<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t
    \n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t
    \n\t\t\t\t\t
    \n\t\t\t
    \n\t\t\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t

    Alright, let’s talk about the tragicomedy that unfolds when you’re trying to double your \u20ac10,000 to \u20ac20,000 with perfectly sound 1:2 or 1:3 risk-reward setups, but then decide that “take profit” is just a suggestion, not a rule. It’s like baking a perfect cake, letting it cool, and then deciding to leave it on the porch because “it might get even tastier!”<\/p>

    The Dream:<\/b> You’ve got your \u20ac10,000, your reliable stop loss (because you’re not that<\/i> crazy), and a strategy that consistently gets you to those lovely 1:2 or 1:3 profit zones. You envision your account growing like a well-fed sourdough starter.<\/p>

    The Reality (When You Forget to Take the Cake Out of the Oven):<\/b><\/p>

    This is where your “paper profits” become as elusive as a unicorn riding a skateboard.<\/p>

    \u00a0<\/p>

    Scenario 1: The “Paper Profit Mirage” (The 1:2 That Became 1:0… or Worse!)<\/b><\/h3>

    \u00a0<\/p>

    You enter a trade with a clear 1:2 risk-reward. You risk \u20ac100 for a target of \u20ac200.<\/p>

    1. The Euphoria:<\/b> The market, bless its heart, actually hits your \u20ac200 target! Your screen glows green. Your brain screams, “I’m a genius! This is effortless! But… wait. It looks so strong! It could easily go to 1:4! Why settle for \u20ac200 when I could get \u20ac400?” (This is Greed whispering sweet, dangerous nothings in your ear.)<\/p><\/li>

    2. The “Just a Bit More” Trap:<\/b> You decide to “let it run.” The market, sensing your overconfidence, pauses. Then it starts to pull back. A little bit. Then a bit more. Your \u20ac200 profit becomes \u20ac150. Then \u20ac100. You start sweating. “It’s just a retrace! It’s coming back for me!”<\/p><\/li>

    3. The Dread:<\/b> Your \u20ac200 paper profit is now \u20ac50. Then \u20ac20. Then \u20ac5. Your heart is pounding. You’re mentally yelling at the chart, “Go back! Go back! I loved you!”<\/p><\/li>

    4. The Facepalm Moment:<\/b> The price continues its cruel descent. It hits your original entry point<\/i>. You are now at breakeven<\/b>. All that work, all that stress, for absolutely zero realized profit. In some cruel twists, it might even hit your original stop loss, turning a solid winner into a loser. Your \u20ac10,000 account stays stubbornly at \u20ac10,000, and you just wasted a perfectly good trade setup.<\/p><\/li><\/ol>

      The Punchline:<\/b> You had a golden ticket to a \u20ac200 profit party, but you held onto it, hoping for a VIP invitation to a \u20ac400 party, and ended up with a ticket to the “Oh, dear, you’re still here?” pity party. You needed five more \u20ac200 winners to hit your \u20ac20,000 goal, but you just threw one away.<\/p>

      \u00a0<\/p>

      Scenario 2: The “Capital Hostage Situation” (That 1:3 That’s Now Just Breathing)<\/b><\/h3>

      \u00a0<\/p>

      You’ve got a fantastic 1:3 setup. You risk \u20ac100 for a glorious \u20ac300 profit. It rips! It’s up \u20ac400! “This is it!” you exclaim, “The market is finally rewarding my brilliance! I’m letting this ride to \u20ac1,000!”<\/p>

      1. The Consolidating Slumber:<\/b> The market, perhaps tired of performing for you, decides to take a nap. After hitting \u20ac400, it goes sideways. For days. Weeks. Your \u20ac400 unrealized profit sits there, sometimes \u20ac380, sometimes \u20ac410, never quite getting to that \u20ac1,000 you dreamed of.<\/p><\/li>

      2. The Opportunity Cost Headache:<\/b> While your \u20ac10,000 is still technically “up” by \u20ac400 (on paper, of course), that capital is now effectively on a very long, boring, unpaid vacation. Other amazing setups appear on your screen \u2013 obvious 1:2s, clear 1:3s \u2013 but you can’t take them because your money is still tied up, waiting for that one trade to hit a fantastical number. You’re watching money being made elsewhere, unable to participate.<\/p><\/li>

      3. The Gradual Erosion of Patience (and Profit):<\/b> Eventually, the market’s nap turns into a slow, downward drift. Your \u20ac400 profit becomes \u20ac300, then \u20ac200, then \u20ac100. You realize you should have closed at \u20ac400. Or \u20ac300. Or \u20ac200. You finally close it for a measly \u20ac50 gain, feeling utterly deflated.<\/p><\/li><\/ol>

        The Punchline:<\/b> You had a perfectly good \u20ac300 profit in your hands, but you held out for \u20ac1,000. Now, instead of bagging three \u20ac300 winners (which would get you closer to \u20ac20,000 much faster), you got one tiny win and a massive dose of frustration. Your capital was held hostage by your own greed, forcing it to miss out on other productive endeavors.<\/p>

        In essence, not taking profit is like trying to reach \u20ac20,000 by continually inflating balloons, but never tying them off. They float beautifully for a while, but eventually, they just deflate, leaving you with nothing but hot air and the crushing regret of what could have been. The “paper profit” is a seductive siren, luring your cash to a watery grave of unrealized gains.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

        \n\t\t\t
        \n\t\t\t\t\t\t
        \n\t\t\t\t\t\t
        \n\t\t\t\t\t
        \n\t\t\t
        \n\t\t\t\t\t\t
        \n\t\t\t\t\t\t\t\t\t

        \ud83d\udcb0Quotes:<\/h3>