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Topic: How long do you hold on a trade. - page 13. (Read 3149 times)

sr. member
Activity: 742
Merit: 397
November 30, 2019, 08:25:08 PM
#88
I think we should try to make profit in low range. If we try to make profit in huge amount then it will be risky for us. I always try to hold on a trade until it goes to 5-10% profit.
As long as the chart looks good, you should still hold your position and just adjust the target for taking profit and also your stop loss so even though it will trigger your stop loss, you are still in a profit. It is a good strategy to always set a profit percentage where you will lock in but make sure that you should check all of your parameters before you sell.
hero member
Activity: 2828
Merit: 518
November 30, 2019, 05:50:38 PM
#87
Depending on the market trends but mostly I'll just keep my trades less than a week. In trading, we have to act wisely and we must also know the word "ENOUGH". What I mean is that satisfaction...People are often to hold too long in trades cause they want more profit and that makes them become a loser in the end. Cause for me, having a 1% profit is good enough, but I don't think that it will satisfy the others.

I always try to hold on a trade until it goes to 5-10% profit.
I'd looked that greediness will never work in trading instead it makes traders be out in patience and disappointments when they never achieve their goals.
sr. member
Activity: 1750
Merit: 267
November 30, 2019, 01:45:52 PM
#86
I think we should try to make profit in low range. If we try to make profit in huge amount then it will be risky for us. I always try to hold on a trade until it goes to 5-10% profit.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 30, 2019, 12:48:35 PM
#85
because all of what we trade, it always changes so there is no certainty when to buy and when to sell. but certainly as a trader it must at least understand technical analysis. with this technical analysis we already have a reference when starting to trade.
full member
Activity: 966
Merit: 153
November 29, 2019, 12:46:37 PM
#84
As I long time hodler, I hold and sell when I feel the price is  way much better than I bought it. Though, I don't sell too often or sell when I am in deep need of funds. If I do that, I will lose or gain below what I expect to gain.
Another thing I do is to not to sell all my coins when I am ready to sell, reason is because buying back all of them is always too hard cause it will be difficult for me to buy back with huge funds. Sell in bits and and buy in bits.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
November 29, 2019, 12:32:28 PM
#83
Being a long time holder, I dont get into short pumps mainly because I dont have the time to keep track of the market and buyback when it gets dumped or guess the market trend. I suggested lots of my friends to hold for a longer time so that they too can have a good profit.
sr. member
Activity: 1596
Merit: 335
November 29, 2019, 12:05:01 PM
#82
We can't apply and follow the same strategy all the time because the market isn't consistent and is always changing. As for me, observing the movement of the market and dealing with it without panicking or doubting is the best thing that we can do to earn a good profit through holding and trading in time. We should set a target goal and have patience until we reach it to have a good gain.
hero member
Activity: 1358
Merit: 509
November 29, 2019, 10:57:36 AM
#81
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
If you want to be busy with any business, you must learn it deeply. Trading may be easier according to your knowledge. Indeed there are other easy ways like staking, apart from trade, but the earnings are little. So it is necessary to invest great money since the earnings interest is little. Besides, this amount will remain in the volatile market and if prices are dumped, the value of your investment will decrease. The best way is to improve yourself in trade.
sr. member
Activity: 677
Merit: 250
November 29, 2019, 08:04:57 AM
#80
in trading can not immediately give results, especially for beginners. need to process and also a long time to undergo a trade. so I think right now when trading you need to be patient and also smart at reading opportunities. this is the most important thing to do
sr. member
Activity: 1050
Merit: 377
November 29, 2019, 10:37:43 AM
#80
The longest time I waited for about a week was in a marginal deal with x5 leverage.
I had to wait because the deal from the very beginning went in the wrong direction, and I could not afford to close it in the red. As a result, I had to.  Grin
This is perhaps the most unpleasant thing in transactions involving margin trading, sometimes you simply have no choice. BUT it’s obvious that I myself am to blame.
full member
Activity: 1834
Merit: 166
November 29, 2019, 10:19:44 AM
#79
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
We need to understand one thing before entering into trading in this highly volatile market that invest up-to a point you are ready to give up. There are some rules which you need to follow like patience,avoid FUD,control your emotions without panic selling as trading is not an easy task and you can loose huge amounts.Slowly gain knowledge and expereince with time and hodl for long term if you lack skills for day trading.Invest in the most potential altcoins which have higher chances of growth and high returns in future.Try to learn from your mistakes instead of quitting at early stage.
member
Activity: 1092
Merit: 29
'Free as a bird'
November 29, 2019, 08:13:32 AM
#78
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
So that's why we need to share opinion in here or would be good if we join on telegram group about cryptocurrency. I also do this, I'm personally don't understand about TA, but I always read the news and monitor cryprocurrency market condition, for example at least if you hold XRP, you must join in XRP group, so you know what will happen with you assets. IMO.
jr. member
Activity: 42
Merit: 1
https://neironix.io/
November 29, 2019, 03:49:18 AM
#77
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

If you are a trader, then you should not hold. Hold on to investors who are gaining assets for long-term horizons. An active trader should have a strategy that implies specific goals both in taking profits and in accepting losses if the price goes not according to the scenario of the trader.
sr. member
Activity: 1120
Merit: 251
November 27, 2019, 10:45:46 AM
#76
A lot of people face the difficulty of finding monthly profits with crypto but a lot of people also achieve that achievement through some of their methods and experience but they certainly won't share their plans and methods with you unless you are close friends or their families because the way to make money is always very secretive, people don't like to share, they don't want others to compete and influence their methods. And each month will be a different trend, the method will also be different, requiring participants to update the trend continuously, unable to apply a method.
I also thought about what you said. Do people who master a good method of trading crypto not want to share their secrets? even though they will not suffer anything. This crypto market is huge and I am sure that no one who is very dominant can control all at once.about 2 weeks ago I bought a doge at a price of 37 ... the plan I wanted to sell directly at 38 ... luck was not good after the order occurred the price actually collapsed. Either I am the less fortunate or indeed I need to learn a lot about crypto trading that is good and right. Until now I still hold my doge.
hero member
Activity: 1400
Merit: 623
November 27, 2019, 09:59:43 AM
#75
Before I enter a trade, I already got a plan on how I am going to play with the flow of the market. The length of my holding time when it comes to trading always depend on the volatility and price action of a certain cryptocurrency. If the cryptocurrency already hit my target whether it is a take profit or cut loss then I will immediately do it because it is under my plan and I want to be discipline to stick with it.
Not all is able to stick in their plan, sometimes I have plans on what to trade then when I see the graphs and market performance by that time I became doing shotgun trading. Which sometimes I regret and sometimes work and those time it works I really felt lucky. But it's not recommended as more of the time it did give better results and just give me too much headache.
sr. member
Activity: 742
Merit: 397
November 27, 2019, 09:56:55 AM
#74
Before I enter a trade, I already got a plan on how I am going to play with the flow of the market. The length of my holding time when it comes to trading always depend on the volatility and price action of a certain cryptocurrency. If the cryptocurrency already hit my target whether it is a take profit or cut loss then I will immediately do it because it is under my plan and I want to be discipline to stick with it.
member
Activity: 490
Merit: 10
November 27, 2019, 09:46:08 AM
#73
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
I also had this problem and had to go through many ups and downs to keep my steel spirit so I could keep my command. The first thing you need to do is identify the overall market trend, then redefine support and resistance levels. then use indicators and before making a decision, give the reasons why you open the position. After that, follow the plan and forget the order you have placed. Many times that will help you create habits.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
November 27, 2019, 09:27:42 AM
#72
A lot of people face the difficulty of finding monthly profits with crypto but a lot of people also achieve that achievement through some of their methods and experience but they certainly won't share their plans and methods with you unless you are close friends or their families because the way to make money is always very secretive, people don't like to share, they don't want others to compete and influence their methods. And each month will be a different trend, the method will also be different, requiring participants to update the trend continuously, unable to apply a method.
nothing is much different, they only concentrate on 1 coin in a monthly period, not with other coins. Every confirmation is wrong, they always accumulate the next order, no problem if indeed when the price drops. But they have to make sure that the time period and coin graph are in a valid trend, they are targeting 200% profit in 1-3 months. This is only one long-term strategy.
legendary
Activity: 2100
Merit: 1058
November 27, 2019, 09:21:12 AM
#71
you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

You must need to understand that no trader will be able to catch exact reversal point of any market. It means you make big profits sometimes and you may book losses in another times. It is just the common scenario for each and every trader in all the markets. If you do not ready to accept these facts then you are not suitable for being a trader Wink.

Holding is good way of making profits in cryptos still it does not guarantee any big profits when you are losing your patience. I mean to say holding will get your profit and after years of holding you may close your position but after you close, the market may show another big profits; this does not mean you are not patience enough. in an ever-growing market, we cannot be holding all the times as our patience definitely has some end point.
hero member
Activity: 1498
Merit: 586
November 27, 2019, 09:16:52 AM
#70
Long-term hodling. Pretty much that would help you forget the losses you got at a specific time. If you were like trading the whole day, stress would pretty much burden your mind and you won't be able to think and focus properly when you trade even if you watch tutorials on strategies in trading. Your mind is shifted into getting to recover your losses rather than getting yourself to learn.
Yes! I will hold on to my coin till it will go back to its original price when it goes down. I need to take risk because I believe that in order for me to get the money that I want or the price that I set, I need to keep in my mind that when I hodl my coin it will be for good, I need to take a risk because there is a possibility that it could not be happen.
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