How do you manage your profits in trading? - page 7.

Yamifoud

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Quote from: rodskee on January 29, 2019, 10:13:15 AM

To manage profits in trading as simple as follow
First step put margin how much percent want to earn
Second always be alert about the market movements
Third the most important thing is hardwork and focus
Forth ready to accept loses because nobody can get easy money

I believe you are in, you have a plan and just stick into it.
Our goal is to aim high, not of being greediness or to be much ambitious as you think but that's it makes us to encourage more and to work hard for its fulfillment. But if you're not doing it, your plan is only such a dream at all.

rodskee

full member

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To manage profits in trading as simple as follow
First step put margin how much percent want to earn
Second always be alert about the market movements
Third the most important thing is hardwork and focus
Forth ready to accept loses because nobody can get easy money

sedahan13

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Activity: 462

Merit: 10

When bull market and we earn profit multiple times is better to sell that profit immediately to stable coin , and after that keep patient to buy other good coin that the price in the support area. And if we have analysis all crypto will change to bearish , sell all crypto to fiat immediately and exit from the market and move the money in to others asset like stocks trading.

ubercool

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The market became so bearish that my all my profits have gone and am in no way making much profit. Unless we see a bull run in the upcoming months, I will have to sell the tokens in 40-50% loss. Roll Eyes

Quidat

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Quote from: AdamRay on October 08, 2018, 09:55:29 PM

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.

We should set a profit target for each portfolio. Like big businesses, they always set a profit target for a new year and they will take that as a driving force for growth. We should manage our finances as well. It is reasonable and easy to restrain human greed.

There are different types of trading in which they should also follow some certain rules for their profit. Short term or long term we should set a margin for each gains before we buy back, although trading is not an easy thing because it all depends on the market. But at least you do learn the basics of buy low, sell high, while increasing your capital each time you earn some profit.

pisston

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Quote from: Coolman4 on November 10, 2018, 12:29:49 PM

managing trading is not easy as we will not be knowing when what happens no one can exactly predict markets but we should not bring greeds into trades and if we are satisfied with the rewards we should get out of that trades

It seems to me that with the current state of the cryptocurrency market it is very difficult to speak, especially about the good results of its activities.

Coolman4

newbie

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managing trading is not easy as we will not be knowing when what happens no one can exactly predict markets but we should not bring greeds into trades and if we are satisfied with the rewards we should get out of that trades

Tigerheart3026

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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.

Buy and sell not more difference. I follow my this rules. I like short tearm and daily trading very much. I buy a small amount and low price and I sell after some price increase. Just daily 10$-20$ or more something profit.

RafaelCrypto

newbie

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I think you've lost your profit with the fees but every time you take into consideration how much you paid and how much you will pay from fees to turn into credit again this is the big problem of network novices who forget that rates take almost all profit

junglist.massive

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For now it’s a little difficult to decide which coin will give profit because the current market situation is declining. At least you have some knowledge about reading candlesticks which you have to see if the candlestick is green or red you will see some benefits in buying or selling some coins.

AdamRay

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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.

We should set a profit target for each portfolio. Like big businesses, they always set a profit target for a new year and they will take that as a driving force for growth. We should manage our finances as well. It is reasonable and easy to restrain human greed.

apityeh71

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All trading strategy nothing perfect and all analysis can be wrong and make loss money, and that why we should be reduce that risk by use stop loss whenever we bought any crypto. And when we are in profit it is better to keep it in to fiat.

Brama Jasa

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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.

buying at a cheap price and selling at a high price is indeed the way to benefit from trading but can prices always be like that? the thing that I experienced during trading every day we can analyze when (the moment) to start trading, but I traded in my country, during the day the market started to fall a little and at that time I started to buy some crypto coins, and at night a lot of trading and prices will go up that's the right time to sell, don't wait to get big profits to selling coins, set the profits you get every day, don't be too selfish to get high profits, because not every day you get a profit

CryptoCoinArbitrage

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Taking profit is a must in trading according to your trading plan. You have to define it prior to trading what is your
profit target. When it is achieved you have to execute, otherwise you are a gambler not a trader. The profit you
can reinvest into other coins, or turn it into Fiat or Tether and waiting for next trading opportunities.

Timmzzy

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SOL.BIOKRIPT.COM

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.

All this depends on how your trading style goes, if you are good enough on TA ( technical analysis) and with a good FA (fundamental analysis) you buy when price has dip and sell when it has moon to your desired point. You don't have to buy back at that same position because it might drop down on you. Like I said with a good analysis you will make it good.

cryptoalfs76

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▰▰▰ MODULE ▰▰

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.

Actualy first of all, im not an expert when in terms of trading,but being also have an experience about trading i have a small learning of how to manage my profits in terms of trading and the only things i can do are to follow the basic step of fundamental statistic on cryptocurrency investment trading by doing buy low and sell high with have on analysis and strategy by sometimes you must going to the flow of the crypto market.

cunguks

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Polkadog - Multi-Chain Defi Meme

Making profit is about managing the strategy. We should continue on what we're doing. We can't stop after getting some profit. We need to make a trade, because by doing nothing, that means we would get nothing as well. We could earn little by little from those profit by making some additional token for our portfolio. That's how trading works. We couldn't wait for only a coin to be in the dip state again after reaching its peak. That would be difficult since we don't know the time.

deisik

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English ⬄ Russian Translation Services

Quote from: forexhercules on October 05, 2018, 07:54:07 AM

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.

no one can satisfy you with an answer. everyone has his own way.

I pick coins rated well.

I buy 100
then 500
then 5000
then 50000
and so on. with this strategy you can make good amount of btc with single move from the coin.

LET THE PRICE COME TO YOU BECAUSE IT IS A GAME OF PATIENCE.

In gambling, it is called martingale

In trading, it is called averaging down, and just like with gambling you are not guaranteed to succeed with this strategy. How come? The answer is simple. You don't know where the true bottom is, and by employing this strategy you confirm that since otherwise you would just wait patiently (as you yourself say) till the price reached there. It is a game of patience after all, isn't it? So why not wait till then? But as you don't know where the true bottom is or will be, there can be no bottom, and no amount of patience will help you then. It is unlikely to happen with Bitcoin but the problem still persists - you have to make trades, and you may nevertheless end up running out of money in the end with prices going lower and lower until you have nothing to dance on, thereby leaving you with all your losses accumulated. In short, this approach works, sometimes, but when it doesn't you are ruined

fabrizoc

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Quote from: otundebis on September 29, 2018, 11:51:14 AM

In trading cryptocurrency, you have to make your own mistakes, gather your own experience and profit and ultimately device your own unique method of trading . There is nothing you want to learn that is not available, just keep an open mind.

I usually take out most of my cash and put it on my bank account so I am not someone who should be giving advice about bitcoin or anything remotely similar however I usually keep some of my coins intact and not withdraw that and I can talk about that.

First of all I usually keep certain amount in my portfolio every month, this means I cashed out during 20k levels and profited a lot while I cashed out at when it was 900 dollars as well which means I lost a lot too, however I also kept some at 900 which means I profited while I kept some at 20k which means I lost some. If you constantly invest, you will be profiting on the long term, do not go all in at once, think of it as installments.

Stolivie

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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.

What you just said here is quite confusing – when we sell high, are we supposed to buy so that our profit don’t depreciate. What does that even mean? The rules are simple, just buy at a low price and sell when the price is high so that you will make profit. Then you also wait for it to drop down again and when it does, you also repeat the same strategy to make profit when next the price rises.

Topic: How do you manage your profits in trading? - page 7. (Read 18606 times)