How to Manage Your Trade—and Your Head
Craig Cobb | May 31, 2025 | The Grow Me Co
Let’s talk about what separates traders who win from traders who burn out: mindset and planning.
Today, I want to walk you through something crucial—how to manage your trade and your psychology once you’re in profit. Because let’s be honest, making money on a trade is only half the job. Keeping it? That’s where the pros shine.
Right now, I’ve got three open trades with around $10,000 in floating profit. And I’m sleeping just fine. Why? Because I planned for it. I know where my stop losses are, I’ve mapped out my profit-taking strategy, and I’ve trained myself to avoid getting wrecked by FOMO or greed.
Lock In Your Wins—Here’s How
Let’s say you risk $400 on a trade. The first thing I teach is to scale out at 1:1 risk-to-reward. That means once you’re up $400, you take half off the table, locking in $200 profit and moving your stop to break-even. Now your worst-case scenario? Zero loss.
From there, you can:
Trail your stop with higher lows (if long) or lower highs (if short)
Close more of the position at 10x or 20x your risk
Or let it ride with a plan to adjust at major milestones
In one of my recent trades, I was looking at a 25x return on risk. That means I could lock in $5,200 on a $200 risk. Tempting to let it all ride—but dangerous if you’re not mentally ready for it.
The Real Risk? Your Head
What happens when you don’t plan? You get emotional. You hold on too long. You round-trip trades that could’ve been life-changing. I’ve seen it happen again and again—traders letting greed get the best of them.
The solution? Pre-set rules. Example:
At 10x R:R (e.g., $2,200), close half the remaining position
At 20x, close another chunk or reassess your stop
Always keep your risk management rules ahead of your emotions
This allows you to reduce the burden, lock in profits, and keep your head clear so you can keep trading without hesitation.
This Applies to Everyone—Yes, Even Spot Traders
You don’t need leverage to learn from this. If you’re holding spot positions and watching them moon, this lesson still applies. How many times have you had a position pump 300%—only to let it crash back to break-even?
You need to:
Have a plan for taking profit
Set rules ahead of time
Avoid decision-making based on fear or greed
That’s how you go from being a market spectator to a calculated, consistent trader.
Final Thoughts: Be a Driver, Not a Passenger
Everyone wants to win the Monaco Grand Prix, but no one wants to train like an F1 driver. Trading’s no different. You need structure, tools, and a disciplined mindset. If you’re not putting in the work, you’ll never reach the finish line.
So manage your positions, your mindset, and your risk—all with planning.
And if you want help doing that, join me at thegrowmeco.com
Sign up for the free newsletter or dive into the course and Discord where I show these trades before I take them.
Until next time,
Craig Cobb
My Take (Matt's Commentary)
Craig nails it. What sets winners apart in crypto—especially in wild bull markets—isn’t just entry. It’s exit. And that means discipline, not diamond hands.
If you’ve been letting 5x and 10x gains evaporate, rewatch Craig’s segment. Learn how to structure your exits with intent—not vibes.
And remember, it’s not just about stacking sats. It’s about keeping them.
Happy HODLing, Everyone.
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