How long do you hold on a trade. - page 14.

pamsugas

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Quote from: Polar91 on November 27, 2019, 08:48:13 AM

Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

The best way is to set stop loss before setting up an order or upon entering the marker. Even though the market seems to be hopeful, follow what you've set in the first place because we should be disciplined and we should not be greedy in hoping that every trade we make gives us profit.

Stop loss is a tool to cut large losses. my advice is as good as possible to make long and daily trade
for 70% HOLD long and 30% daily coverage. I did it in a few years. in order to stay calm, use money that you don't need to use so that the burden of the mind does not haunt.

Driggers95

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Quote from: akmal1984 on November 27, 2019, 06:36:06 AM

Quote from: LUCKMCFLY on November 26, 2019, 03:34:12 PM

I always try to lengthen profits and quickly cut losses, which is what I have learned from reading authors known as Jesse Livermore, usually can be achieved in trades that are medium and long term.

Some people do trading without placing Stop Loss, in my case I like to place Stop Loss and Take Profit, this to avoid stress, in long-term trading I take it using Wyckoff's theory, which tells me that for now there is a bullish trend start stage, which, I can take a part of the balance as hodl ...

I have a question for you. Is the method you have applied so far can provide benefits every month? Honestly I am very difficult to find a method that can provide consistent profits so far. I asked several friends who often trade they often find it difficult to find a way that can give them a consistent advantage in crypto. If your method is very safe, I want to try it too, friend

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.

Polar91

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Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

The best way is to set stop loss before setting up an order or upon entering the marker. Even though the market seems to be hopeful, follow what you've set in the first place because we should be disciplined and we should not be greedy in hoping that every trade we make gives us profit.

isaac_clarke22

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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.

Webetcoins

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Quote from: Lecam on November 26, 2019, 03:50:06 AM

Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

In trading market you need more patience and you need to control yout self to cancel your sell order or your buy order. In trading you need to hold some and you need to sell some if you look that you have profit you can sell it and wait again for that coins to get down so that you can buy back again. Choose a coins that you can hold in long term and you can trade everyday.

The best coin that makes crypto trading possible rather beneficial is bitcoin. If he gets engaged with it, he will definitely pull long term holding and daily trading simultaneously. With bitcoin, the biggest benefit is that a trader can make money regardless of the season. Even during the downfalls, its volatility allows the trader to grab profits provided that he holds good trading skills and knowledge.

ChronoLite

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up to the market situation and how much i would like to earn if i want profit. if i see the market is turning to red then its a good and wise idea to just cut your losses to avoid the further losses. it depends on the situation you can't just stick to one method and keep to use it forever

Golftech

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Quote from: LUCKMCFLY on November 26, 2019, 03:34:12 PM

I always try to lengthen profits and quickly cut losses, which is what I have learned from reading authors known as Jesse Livermore, usually can be achieved in trades that are medium and long term.

Some people do trading without placing Stop Loss, in my case I like to place Stop Loss and Take Profit, this to avoid stress, in long-term trading I take it using Wyckoff's theory, which tells me that for now there is a bullish trend start stage, which, I can take a part of the balance as hodl ...

Cutting your loses if you do have a good idea and good understanding regarding to this settings of trades will allow you to take the slice of earnings inside the market. If in anyhow the directions didn't favor you and you have the capabilities to cut your losses to lessen further damages. Take time to study
different strategy and apply it in your own trading activities to strengthen your chances to earn.

akmal1984

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Quote from: LUCKMCFLY on November 26, 2019, 03:34:12 PM

I always try to lengthen profits and quickly cut losses, which is what I have learned from reading authors known as Jesse Livermore, usually can be achieved in trades that are medium and long term.

Some people do trading without placing Stop Loss, in my case I like to place Stop Loss and Take Profit, this to avoid stress, in long-term trading I take it using Wyckoff's theory, which tells me that for now there is a bullish trend start stage, which, I can take a part of the balance as hodl ...

I have a question for you. Is the method you have applied so far can provide benefits every month? Honestly I am very difficult to find a method that can provide consistent profits so far. I asked several friends who often trade they often find it difficult to find a way that can give them a consistent advantage in crypto. If your method is very safe, I want to try it too, friend

LUCKMCFLY

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I always try to lengthen profits and quickly cut losses, which is what I have learned from reading authors known as Jesse Livermore, usually can be achieved in trades that are medium and long term.

Some people do trading without placing Stop Loss, in my case I like to place Stop Loss and Take Profit, this to avoid stress, in long-term trading I take it using Wyckoff's theory, which tells me that for now there is a bullish trend start stage, which, I can take a part of the balance as hodl ...

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Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

What do you mean by "hold" on a trade? Trading depends on lot of factors. Most traders trade for making quick profit within a short time. They they the advantage of the volatility to make some good profit. They sell as soon as they see they some margin of profit available.
If you are talking about holding onto your investment, then it also varies from person to person. Some people might have short profit goal thus sells as soon as they reach their goal. Again, there are people with long term goal to make some slow but less risky profit!

Triffin

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Quote from: AniviaBtc on November 26, 2019, 11:46:55 AM

Quote from: Distinctin on November 24, 2019, 07:56:26 AM

Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying.
May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long.
That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price.

It depends on the factors that affects the trading transactions. For example, the time that you targeted to have for you to do trading. I usually use a week until someone buy. It also depends on the demand, the higher the demand, the higher chance for you to sell on a higher price. Keep your patience at yourself and hold just wait for the right moment. Holding also requires quality and secured investment.

Yes no doubt it’s all about the demand of the market. If we are able to get profit for holding it I will surely hold and will never think about selling it. The way we hold actually about market not in our hands. Market remain volatile so if it’s going to give me profit I will sell it but if I see that I should sell then I will trade it but will first look at the market conditions.

Shasha80

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In trading the main key to success is patience. So from that when trading sometimes I can hold coins in time relatively long, and that
requires patience. So trading can not be known with certainty how long the holding coins. The answer depending on the strategy and
coins we choose. My longest hold coins are when trading bitcoin, because bitcoin is on time I bought it at the price of $ 6000, it had
dropped to the price of $ 4000. I hold for about 8 months the price finally went up to $ 10,000 and I could sell to get profit. If the fastest
hold coins are only about a few hours, it can be sold to make a profit.

harizen

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Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

i just curious to know if there is any sure way to this trading were by you hold on a trade.

Based on your statement, I see that you are now an experienced user in the world of trading here in the crypto world, therefore, at least you should know what's the answer for that. Or if you still consider yourself as a "newbie" then I suggest just continue your trading progress and soon you understand what's the best approach to any trends.

Whether you decide to hold or not, follow those strategies that lead you into successful and good results. However, you can test the waters on other things that you think an effective way too just in case your current strategy seems not to work.

Just remember that hodling can't be applied to all coins as they have different behaviours. That will be your assignment now, to study coin's behaviour and see if it's worth to put on hodl.

We have different preferences and approach and listening to one of each might give confusion to you instead of reference.

Wysi

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Quote from: AniviaBtc on November 26, 2019, 11:46:55 AM

Quote from: Distinctin on November 24, 2019, 07:56:26 AM

Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying.
May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long.
That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price.

It depends on the factors that affects the trading transactions. For example, the time that you targeted to have for you to do trading. I usually use a week until someone buy. It also depends on the demand, the higher the demand, the higher chance for you to sell on a higher price. Keep your patience at yourself and hold just wait for the right moment. Holding also requires quality and secured investment.

Yes I will follow some of your techniques as I usually don't wait long because most of the time I gets tempted to do it within hours and sometimes end up losing and winning. But I hate those virus who do minor trading I mean multiple orders of small volume to break the momentum or create the momentum for their personal benefits.

diazepam666

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Holding cryptocurrency on trading also you need to have mind set to hold the coins for long term. If there is growth for BTC obviously worth of BTC will increase and holders also will increase gradually on exchanges.

Mostly traders are wanted to exchange the coins all the time and make profit over the slight margin but for all the people it is not happening.

AniviaBtc

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Quote from: Distinctin on November 24, 2019, 07:56:26 AM

Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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.

It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying.
May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long.
That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price.

It depends on the factors that affects the trading transactions. For example, the time that you targeted to have for you to do trading. I usually use a week until someone buy. It also depends on the demand, the higher the demand, the higher chance for you to sell on a higher price. Keep your patience at yourself and hold just wait for the right moment. Holding also requires quality and secured investment.

CarnagexD

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Quote from: mk4 on November 24, 2019, 07:18:16 AM

It completely depends on the trader, really. Since I'm mostly a mid-long term trader, I've held on a couple of trades for like half a year in the past, with varying results.

Yes, as for me I don't usually depend it on how much time do I need to spent with my trades I typically base on the prices, If I think that the price is right just to make some gain then I would go for it. But my longest hold was about 10months or a year and I'm glad it was worth the wait.

Quote from: mk4 on November 24, 2019, 07:18:16 AM

Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully.

Hindsight is 20/20. While it's mostly not recommended to trade using your emotions(fomo, panic selling, etc). Sometimes, these types of trades actually ends you up in a better position. If you made a good trade, great! If you made a bad trade, suck it up and move on from it. Just do your best to earn it back, patiently. Not in a yolo trade that could potentially earn you back everything.

Correct. Emotional capacity of a trader is a must possess trait, once you know how control your emotion on trading that will boost your confidence and will focus on crtitical matters. I also noticed on some traders nowadays is that they are easy to get in a trap, some are not open with technical analysis or even do not know how to read graphs and just focusing on the prices. I can't say that it is a good time to trade more often coz I earn quite much these past months but It's all up to you.

akmal1984

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Quote from: Goodvalony on November 24, 2019, 06:21:20 AM

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 experienced exactly what you've experienced all this time. Often I sell in positions with very little profit. It even tends after I sell a coin for example ETH or LTC, the price then tends to go up. I keep trying to ask my friends but they also mostly experience the same thing. Until I think whether there really are people who always benefit from crypto trading? or all of them also experience things that tend to fluctuate also when they trade.However, I will continue to try to understand it as long as I trade crypto

JC btc

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Quote from: Cherylstar86 on November 26, 2019, 09:14:18 AM

Patience is the number one to be apply in which in trading process takes too much time and definitely to wait for a very long time. Also, having enough patience may lead to have a good profit though its very challenging to take a long time the emotions you felt but somehow we need to overcome it in order to have a good outcome in the end.

Even in real life, we all need patience as we cannot get the things we want instantly, so we need patience so that we can calm our mind and can have good way of thinking what are the next steps that we will do. So, trading is really good one, but before that we also need to ask our selves if we are ready to take risk and to sacrifice time, sleep just for us to study the market behavior especially if you are doing day trading.

nicolas1979

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For short - medium term period usually 2 - 3 days but for long term period max 1 month. Actually all depend your stop loss and take profit area, as long is realistic everything will be fine. Never change your setting even in a minutes reach your limit, keep execute. Most of us will think " hold " is for long term period strategy but is not but in this market situation I suggest you to leave and start again next year.

Topic: How long do you hold on a trade. - page 14. (Read 3149 times)