I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase after I sale , I feel like stupid. I don't know how to control this . Help me ?
If you want to feel better, try to approach this more philosophically, а small profit is better than a loss. As for the fact that you are only getting 3 % profit and no more, I think there are several ways to solve this situation. First, you can take profit in parts. Just like you plan your entry and stop loss exit points, plan in advance that you will take profit in stages. For example, take 3 %, %, and 10 %. But with every price move, a mandatory rule should be that as the price rises, you always move the stop loss higher. And when you are already up 5 to 10 %, the stop loss will be so high that if it gets triggered, you will close the trade with a profit anyway. I think this is a very good solution.