How do you manage your profits in trading? - page 10.

uchiikina14

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Quote from: cjie on September 22, 2018, 01:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

I manage my trading by setting up a goal so that i will earn a big profit. I do not invest all my fist money so that if I loose I still have money. Managing your trading is not hard you just have to set your goal so that you will gain a profit.

rhenrhen

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The income/ profit I get in trading is invested to other altcoin inorder to earn more. I don't usually withdraw an amount of it after trading because as what I see, the market is like a cycle.

Robotbitcoin22

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before I trade I have determined the profit that I will take to get the profit, so I will not force or be too eager to get a lot of profit because of course it is very risky, I better focus

Xenrise

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All of the profits I can make in trading, will be put into other trades. In which I got to trade coins that are different from that recent trade. That's how it goes.

Raja_Salman

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Managing so that we can still make a profit is very difficult especially if we are really passionate about wanting to get great results. must be able to take the decision right away

btcyoda

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Sometimes managing profit through trading is impossible because we have to manage other coins when the loose value in the market. So always try to hold the profit but it is impossible sometime to manage the profit.

Sanjida

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Managing trading is an easy thing.you will just put it again in a trading and make it announce.you are not just going for the initial and i have been engaged in a group of adept in the crypto ground.better choose a good trading or long term trades.

nicolas1979

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Quote from: cjie on September 22, 2018, 01:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

I assume " manage " is set stop loss and take profit area and always follow the rules, reach must stop and leave the market. Think simple, meaning you should have smart calculation about profit and loss limit, about time to execute only need to wait. Most people do like I do, set the number and follow the rules. Win or loss it doesn't matter but get disciplines is key to success.

cfif123

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Quote from: bangkit tri on September 26, 2018, 06:42:19 AM

Quote from: Ridwan Fauzi on September 26, 2018, 06:36:34 AM

Me myself didn't do day trading, I have done a kind of psychological test to determine I am more suitable to be a day trader or a long-term trader (swinger), and the result is I was suitable to be a long term trader based on psychological tests. Well, about one month I will close the trading results and if the market was good or my prediction was correct then I will got a profit. Usually the profit I got will be divide by two, half to increase my capital and half I take and exchange to money fiat.

but what if market decreases in the next month? because as we see, market continues to decline from beginning of this year. so you experience floating longer. i also do it like you, but it's not time-bound

of course if the market goes down again, of course what we will do is just be patient waiting until the market stabilizes so we can avoid losses. because most people if the market goes down it will certainly experience panic

bangkit tri

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Quote from: Ridwan Fauzi on September 26, 2018, 06:36:34 AM

Me myself didn't do day trading, I have done a kind of psychological test to determine I am more suitable to be a day trader or a long-term trader (swinger), and the result is I was suitable to be a long term trader based on psychological tests. Well, about one month I will close the trading results and if the market was good or my prediction was correct then I will got a profit. Usually the profit I got will be divide by two, half to increase my capital and half I take and exchange to money fiat.

but what if market decreases in the next month? because as we see, market continues to decline from beginning of this year. so you experience floating longer. i also do it like you, but it's not time-bound

Ridwan Fauzi

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Me myself didn't do day trading, I have done a kind of psychological test to determine I am more suitable to be a day trader or a long-term trader (swinger), and the result is I was suitable to be a long term trader based on psychological tests. Well, about one month I will close the trading results and if the market was good or my prediction was correct then I will got a profit. Usually the profit I got will be divide by two, half to increase my capital and half I take and exchange to money fiat.

rose9696

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Quote from: cjie on September 22, 2018, 01:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

I think you should learn more about how to invest. Do not rely on any expert advice. These are just false and unfounded words. I have been involved in a group of experts in the crypto field, but they often point me to losses.

gtglener

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Quote from: Question123 on September 22, 2018, 05:35:34 AM

Because the market down now , our profit in trading is decreased because only most of the altcoins are dump only some of them are increased. Im nit earning daily I earning weekly. You can buy more altcoins now with cheap price and sell with high price but you need to wait to oump the value again.

Yes, this is a normal trading strategy and simple to all users who are currently learning about trading and those who are already trading from several months will understand your words easily. Besides all these thing you need to be very specific with the price, it is not like if you are trading weekly then it is the right timings but the price may increase on the next day and I can sell for profit without waiting for a week.

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Quote from: cjie on September 22, 2018, 01:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

It depends upon my situation. For example I have a BOB token and this days BOB increase its price. It is now triple from its price last month so I already decided to sell it (BOB to BTC). Now that I already have BTC, I will do hold my BTC and wait for its price to increase at least 10 to 15% (coz it is still impossible for bitcoin to fully recover) before I cash it out.

What I did is to wait for each coin to increase but I know it is not always this way. If I needed money, I will probably cash it out immediately.

creeps

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Quote from: pungopete468 on September 23, 2018, 08:14:25 AM

to be able to manage profit is certainly very easy if you are a trader can already determine the results that will be determined and also can get or make a sale if it is felt right

Sometimes its confusing especially when you are trading everyday. For me, its better to just focus on your target income for example you put $1000 as your capital then your goal is to make it $5000 within 3mos, then by this strategies you can easily notice the profit that you will get every time you trade. Sometimes you just need to make your own strategies to make your life simple.

iASIC

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Quote from: cjie on September 22, 2018, 01:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

Profitable investments or losses will be entirely based on your self. If you have read the stock investment book on Nicolas Darvas then you will understand that. Four professional investors have invested in him and all of them are at a loss. So instead of asking others about how to invest, you should cultivate your knowledge.

Yatsan

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Quote from: cjie on September 22, 2018, 01:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

The buy low and sell high strategy is a good one strategy yet while it gives you profits it somehow gives other losing profits. How do you manage your profit? Simple. Be responsible and wise in using and spending your money. It doesn't mean that you esrn good is that you can buy or use yoir money in the things you want. Continue to seek for profit and be strategized in every situation in order to avoid losing of profits.

Clavulanic

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Quote from: wuvdoll on September 24, 2018, 03:39:30 PM

Quote from: Luckym7 on September 24, 2018, 04:34:57 AM

I am a professional cryptocurrency and Forex trader at the moment I am work with full time in cryptocurrency trading. I manage my profit with very simple strategy. I am always work with day trading because day trading is a very profitable and very easily you can make money in this way. If I see market is growing on that time I just sell my token and when I see market is down on that time I just buy my token.

Sorry to say, but you really do not sound as a professional trader who has been trading Forex or cryptocurrency for a while because what you just dropped is not a good strategy and a lot of people that have gone about doing that by just thinking when market is low i buy and when it rises I sell without anything to look out for always end up screwing up eventually anyway and that makes me wonder if you are just saying all these to just want to increase your post count.

Day trading most especially requires great deal of knowledge, concentration and principle than just buying and selling, as you need to know where you really want to consider low as the case may be.

You're partly right and certain with that points mates, we need to have enough knowledge in order to handle situations in trading specially during end sells of your asset. In order to maintain good coordination, we must think about for another passive income generated from the current profit you had. Investing with other type of crypto can be suggested so that you'll be able to have another to chance to generate an additional profitable gains. Be careful in choosing those coins, because not all of them will give you better trades and better choose those are good for day trading or long term trades.

wuvdoll

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Quote from: Luckym7 on September 24, 2018, 04:34:57 AM

I am a professional cryptocurrency and Forex trader at the moment I am work with full time in cryptocurrency trading. I manage my profit with very simple strategy. I am always work with day trading because day trading is a very profitable and very easily you can make money in this way. If I see market is growing on that time I just sell my token and when I see market is down on that time I just buy my token.

Sorry to say, but you really do not sound as a professional trader who has been trading Forex or cryptocurrency for a while because what you just dropped is not a good strategy and a lot of people that have gone about doing that by just thinking when market is low i buy and when it rises I sell without anything to look out for always end up screwing up eventually anyway and that makes me wonder if you are just saying all these to just want to increase your post count.

Day trading most especially requires great deal of knowledge, concentration and principle than just buying and selling, as you need to know where you really want to consider low as the case may be.

Luckym7

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I am a professional cryptocurrency and Forex trader at the moment I am work with full time in cryptocurrency trading. I manage my profit with very simple strategy. I am always work with day trading because day trading is a very profitable and very easily you can make money in this way. If I see market is growing on that time I just sell my token and when I see market is down on that time I just buy my token.

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