Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .
Quit means they just looking for one time profits and this is not an art for the smart people,one who know when to enter and when to exit and keep repeating it known as experienced which can give more benefits to the investor.If someone failed one time and they are quitting means what they will lose all their capital at some business which I learned from my personal experience. 
Topic: Art of quitting !!!! - page 3. (Read 647 times)
Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .
Quiting is not really a good thing in investments because you will need experience, patience and persistence for you to really succeed in trading and investment and quiting keep you from succeeding. When you quit you are a loser and success is far. 
I think the meaning of quitting is to stop loss ,especially doing trading which is common strategy of some ppl in order to prevent regrets in the future and etc. But just temporary because it's just like you taking a vacation and you need to come back after especially if you know that the market is already stable and good to start again to regain losses.
I think the art of quitting is trying to explain here is the right time to take a profit, like maybe you still keep your position open or close it at the sight of a little profit because if you see from his further explanation, he buttressed more on the point of gaining money which he said successful people has done by knowing the time to exit. You know, provided a project is good, there will always be huge profit on it on a long term base, so one can just apply your own tactics too, enter the market when the price is low and exit it when one has taken profit that makes one happy and leave the market to go on a vacation pending the time the prices falls again or one to buy back. I think the meaning of quitting is to stop loss ,especially doing trading which is common strategy of some ppl in order to prevent regrets in the future and etc. But just temporary because it's just like you taking a vacation and you need to come back after especially if you know that the market is already stable and good to start again to regain losses.
Yes. The art of quitting is not just applied to crypto trading but also even in all investments. You have to set a target goal wherein you have your maximum profit desired and if this one will be reached, then you can stop trading or investing and be back again once the chances for making profits is very high. 
Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .
Exiting market first depends on your goal for investment, whether on a long term or a short term, for a long term, it will be very glaring on when to exit market, there might not be a specific time but the market will be much more green enough to give you a breathing space to decide when to take your profit and leave.I usually don’t wait for the market to reach ATH before exiting on a long term base, but when it comes to short term investment, the only strategy I use in know when to exit trade is to strictly follow news and do my own research technically, from news, I should be able to pick the direction of a price when I weigh the ratio, which ever factor has the highest ratio is what I take to analyze further technically.
Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .
At a glance 'Art of quitting' which you mean looks like what is done by a trader, namely with the term cut loss. Crypto investment is a type of investment that has the potential for loss, and as far as I know there's only one way that's issued to minimize losses in trading, namely by setting a cut-loss limit. As an investor or crypto trader, both beginners and seasoned you may already understand the term cut-loss namely the strategy of selling crypto at a price lower than the purchase price. Besides that, the time to cut losses is usually different depending on our position in holding crypto, whether you're an active trader or you're an investor who invests in long-term. The strategy of getting out of the market at the right time I think this is the hardest thing, we never know the direction of actual market movements, because the crypto market is the most volatile market. In this case, I personally only rely on initiatives that are in my mind but after doing flashbacks, re-analyze and think carefully.
From all the experience that I have had in trading cryptocurrencies I can say that it's all about a well prepared strategy. Setting the target prices and executing the trades based on those prices is enough to buy and sell at the right time. Most of the times what happens is we set a target selling price but since the price of a particular coin is continuously increasing we decide not to sell. That's the mistake we do. Though we get good profits due to this but sometimes the price suddenly falls down resulting in losses.
So if we set the target prices according to the profits and just stick to it, we can execute profitable trades most of the times.
So if we set the target prices according to the profits and just stick to it, we can execute profitable trades most of the times.
As long as you have a target zone for both entry and exit position then you are good to go with this types of business, trading industry have a lots of significance, you needed to learned from time to time, knowing where to sell out and take your profits or cutting your loses and move forward is really a tough job inside this industry, but eventually after several trade you will be able to learned it masters your skills.
Sometimes having an exit in mind is a bad idea. Like yesterday when Bitcoin pumped 20% if you had decided to exit you would have lost a chance to double this profit today.
The best way around it is to wait and be ready to sell at all times or set up a bot to sell for you when prices fall.
You can also keep trading during the day and exit before going to bed. I found it to be a better choice than being bothered in your sleep by an open position.
early is that you are securing profits yet we wont know on what would happen on next hour or next day.Pumps like these are unexpected that's why missing out
more profitable chances are not new the only thing we can do is to utilize buyback on lower point and repeat the same process.
Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .
Quiting is not really a good thing in investments because you will need experience, patience and persistence for you to really succeed in trading and investment and quiting keep you from succeeding. When you quit you are a loser and success is far. 
As long as you have a target zone for both entry and exit position then you are good to go with this types of business, trading industry have a lots of significance, you needed to learned from time to time, knowing where to sell out and take your profits or cutting your loses and move forward is really a tough job inside this industry, but eventually after several trade you will be able to learned it masters your skills.
Sometimes having an exit in mind is a bad idea. Like yesterday when Bitcoin pumped 20% if you had decided to exit you would have lost a chance to double this profit today.
The best way around it is to wait and be ready to sell at all times or set up a bot to sell for you when prices fall.
You can also keep trading during the day and exit before going to bed. I found it to be a better choice than being bothered in your sleep by an open position.
early is that you are securing profits yet we wont know on what would happen on next hour or next day.Pumps like these are unexpected that's why missing out
more profitable chances are not new the only thing we can do is to utilize buyback on lower point and repeat the same process.
As long as you have a target zone for both entry and exit position then you are good to go with this types of business, trading industry have a lots of significance, you needed to learned from time to time, knowing where to sell out and take your profits or cutting your loses and move forward is really a tough job inside this industry, but eventually after several trade you will be able to learned it masters your skills.
Sometimes having an exit in mind is a bad idea. Like yesterday when Bitcoin pumped 20% if you had decided to exit you would have lost a chance to double this profit today.
The best way around it is to wait and be ready to sell at all times or set up a bot to sell for you when prices fall.
You can also keep trading during the day and exit before going to bed. I found it to be a better choice than being bothered in your sleep by an open position.
Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .
Well, it all depends on the kind of trader you want to be, either a trader that trades on a long term basis or a trader that trades on a short term basis, the truth is that those people who have made millions of dollars from crypto made it because they choose long term holding that short term trade, which is something we tend to avoid now, no one wants to hodl anymore.Once you are trading on long term, then it's easier to exist the market because you will surely know when there is going to be a dip in price.
I think the meaning of quitting is to stop loss ,especially doing trading which is common strategy of some ppl in order to prevent regrets in the future and etc. But just temporary because it's just like you taking a vacation and you need to come back after especially if you know that the market is already stable and good to start again to regain losses.
First, you need to decide the price you want to enter and exit so you can place your order in that price. Later, after you can enter the point to buy, you need to watch closer the market and decide how much profit you want to take. Then, you need to place the sell order and don't change it even if the price increase because you never know that it will still increase or decrease after that.
The important thing from this strategy is you don't greedy to chase a bigger profit, and you will feel enough for the profit because you can search for another profit in the next hour. When you can do this for 3x, I think your profit will bigger too while you are not chasing a bigger profit in one-time only. It is hard to stick with the profit we decide, but it's worth to do that because if you can make a profit over and over then, you can imagine how much profit you will get in the end.
The important thing from this strategy is you don't greedy to chase a bigger profit, and you will feel enough for the profit because you can search for another profit in the next hour. When you can do this for 3x, I think your profit will bigger too while you are not chasing a bigger profit in one-time only. It is hard to stick with the profit we decide, but it's worth to do that because if you can make a profit over and over then, you can imagine how much profit you will get in the end.
There is no art in quitting, if one decides to quit they should.
Some just cannot wait until the the market will again be bullish, well, let's look and reflect on what is happening now, I don't think they will still
think of quitting. It's very nice to stay in crypto, you loss sometimes it's not the end of journey, you can still improve and be successful.
Some just cannot wait until the the market will again be bullish, well, let's look and reflect on what is happening now, I don't think they will still
think of quitting. It's very nice to stay in crypto, you loss sometimes it's not the end of journey, you can still improve and be successful.
Nope there is actually a book called the art of quitting but it is only fit to apply in life, love and work. Yet for me it is not good to apply in crypto trading. As you have said lossing is a part of a trading platform which is just normal.
On the otherhand I can no longer understands what are you trying to point out
There is no art in quitting, if one decides to quit they should.
Some just cannot wait until the the market will again be bullish, well, let's look and reflect on what is happening now, I don't think they will still
think of quitting. It's very nice to stay in crypto, you loss sometimes it's not the end of journey, you can still improve and be successful.
Some just cannot wait until the the market will again be bullish, well, let's look and reflect on what is happening now, I don't think they will still
think of quitting. It's very nice to stay in crypto, you loss sometimes it's not the end of journey, you can still improve and be successful.
I guess the art of quitting you are pertaining to is on when is the right time to exit your entry in trading. That's what i've understand with your point. If you are using technical analysis and can understand the chart volume, you can exit your entry in the right time. Yes, it is true that we need further research and enough wisdom to perform all of this.
Quiting in business is not totally a wrong move.
Even soldiers fighting in the war fronts retreats to restrategize on their next line of action.
I see quiting as a period of taking out time to evaluate ones progress and then restrategize on winning steps to take.
To exist the market, one must have a target.
Once that target is reached,you can safely exit and wait for a good entry position.
Even soldiers fighting in the war fronts retreats to restrategize on their next line of action.
I see quiting as a period of taking out time to evaluate ones progress and then restrategize on winning steps to take.
To exist the market, one must have a target.
Once that target is reached,you can safely exit and wait for a good entry position.
Quitting does mean failure. Sometimes it's saves what you've gained. And that's what we do in some projects that doesn't follow their proposed road map and those project with depreciating value..
But we should not loose hope and just quit or sell crypto.. Especially in time that Bitcoin is rising again..
But we should not loose hope and just quit or sell crypto.. Especially in time that Bitcoin is rising again..
Of there's a "right time" In exiting the market, i doubt a lot of people can consistently figure out when that will be. The market would be very predictable if even one person can exactly know when the best time to quit is. That art you're talking about applies to trades with clear goals and a structured plan. You may not exit at the perfect time but at least you'll get out with profits.
Jump to: