Lesson 5 – Fear of Giving Back Profits

Problem
You cut winners too early, afraid to lose what you’ve gained.

Cause

• Anchoring bias to equity peaks.
• Overvaluing recent profits.

How the Brain Works

• The brain fears losing more once you’ve gained.
• Equity peaks trigger risk aversion.

Real-Life Example
Petras ends a great month, but now exits all trades at +0.5R instead of letting winners run. He avoids giving back profits but sabotages long-term expectancy.

Practical Solutions

1. Predefined Targets – decide exits before entry.
2. Partial Profits – secure some, let rest run.
3. Focus on Series – think 100 trades, not today’s balance.
4. Journal Fear-Based Exits – track missed profits.

Key Takeaway: Holding winners is where big gains live 🌱.
Don’t strangle growth out of fear 😨.