How long do you hold on a trade. - page 15.

Cherylstar86

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Quote from: Lecam on November 26, 2019, 04:50:06 AM

Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

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.

Lecam

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Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

crossabdd

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there is no sure way to start trading properly. especially with profits. Most beginners in trading are losing. and that is as experience to continue trading or stop. but from several people who are experts in trading. they say to focus on finding news and information about crypto. so that it produces a way: buy when you get a good news rumor, and sell when the news is released. and the result is profit.

tonyvo2017

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Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

This is a common question in new traders and we can overcome it if you are committed to doing what I set out to do.
1) you need to deal with planning and be consistent with the thoughts you have thought.
2) determine the market movement in advance to assess the risk and then stoploss should be set low or not.
3) bear the risk to get great results, never be afraid of small market fluctuations.
These are things that I learned from people who have earned more than $ 100k from trading in 2 years and he is right about the psychology of the crowd.

rose9696

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Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

This problem is often encountered by new traders and I've encountered it many times. We fear that we will not be profitable if the market does not reach the point where we set the target so we will cancel the order soon. It is a mistake that the trade remedies must be disciplined. You must set a plan before trading and must do it regularly to get used to it.

Sadlife

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I've also suffer the same fate as you, where i've lost potential profit where i got scared and sell out the coins that i bought and later regret that decision after the price successfully pump. Right now my investment is stuck suffered so much loss then i decided to hold and wait until the price recovered hoping to regain some of my losses in trading. I decided to follow some famous traders in youtube so i can get some tips and tricks in them.

Murat

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In recent time, the cryptocurrency platform is going on under volatility, nothing is under control even the price of Bitcoin is not a satisfactory rate, so trading in this days is not a good way make money, not only that but also trading is not a profitable stage when you see the transaction volume is not going well, so it's too tough to control your patience, basically we are making decision based on our emotion which is very harmful in this platform, if you have proper knowledge about trading then you may start it but you need to more patience on this regard but there is no sure way to trade here.

maxreish

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I never cancel my trades now. I always stick to my plan. How long do I hold it? Depends on my target profit. Yeah, the market is unpredictable but that is why I always use stop loss.

I always had a mistakes before that I am considering as a mirror for my today's trades. For my hastily entry, for my cancellations of my entry, etc. It is best if you trust your own TA than to be confused when you hear some fuds. Never get affected and never be a FOMO trader. It won't help you to your goal.

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Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

There is no sure way to trading because every trader will find their way, and that will be different from one trader than the other trader. We can suggest you do this and that, but in the end, you will need to find out by yourself so you will have your way to trading. And related to how long we hold one coin, that will depend on what the coin is and what price we already bought. Perhaps, we don't need too long to keep because after we buy that coin at a low price, the price is increased, and that makes us sell the coin to make the profit.

alisonwonder

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Quote from: ice098 on November 25, 2019, 12:04:22 PM

Quote from: alisonwonder on November 24, 2019, 10:54:17 AM

I pretty much hold altcoins, the time varies 1-2 years I hold, but day by day the price goes down. I was getting frustrated and a little started leaving hold altcoins, now I prefer bitcoin whatever happens I believe hold in long-term.

I will hold it a little bit longer, even though that the coin is already been listed in an exchange. If I already see a potential in a coin why dont I give it a time so that it will be more mature and also it will give me time to decide whether it is now the good time to sell it or should I hodl it a little bit longer.

if you see any progress from the team like an update on the project, it still has optimism to hold it, but if they are rarely active for updates and there is no progress, I think there is no word to hold. like I have been holding for 2 years and it no result.

juperos

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it really depends on the individual you are dealing with and the project you invest in, it doesn't matter how long you keep it, but most importantly you sell it in the right time by following the market, research and analysis, so that you won't regret or panic selling because prices go down. For me personally, I will sell the currencies that I think are reasonable and I do not regret when the currency appreciates, because it is my decision, manage your risk well and follow the plan that you make, don't be so greedy.

Pamadar

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Quote from: Furious 7 on November 25, 2019, 11:46:13 PM

In trading, we have to learn a lot, especially in technical analysis. I think it's important because trading is not just selling or buying, but researching the coin and its future price predictions. for you, and hold your patience do not cancel your transaction who knows that will be a big profit for you especially do not panic when trading.

You won't panic if you do have the right perceptions regarding to your position. It's difficult to keep holding while seeing your assets keeps getting dumped, but with good research and anticipation you will be able to patiently waiting and keep your assets intact to whatever extent the market brings
your investment. Who knows after that dumped the cycle will bounce and bring a huge benefits to your positions.

Furious 7

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In trading, we have to learn a lot, especially in technical analysis. I think it's important because trading is not just selling or buying, but researching the coin and its future price predictions. for you, and hold your patience do not cancel your transaction who knows that will be a big profit for you especially do not panic when trading.

Hallmader

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Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

Limits should be put in place when doing orders. Take profit is a nice way to make sure that your trades are securing certain gains. Stop loss on the other end is also a good way to make sure that if ever the price is falling, you will not go along with it up to the bottom. In fact, this is best for novices and minor traders. Have no regrets because you can never tell the exact end price for everything. You cannot tell the bottom as well as the top prices. Just be safe within the middle and make profit.

Lorence.xD

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Quote from: irsykes on November 25, 2019, 12:59:16 PM

Quote from: Ryker1 on November 25, 2019, 12:44:39 PM

Quote from: Hamphser on November 25, 2019, 12:23:32 PM

Quote from: ragavancoin on November 25, 2019, 12:10:35 PM

I would definitely wait patiently until it reaches my target. I have never canceled order without reaching the target. Mainly we need the mindset and patience in trading otherwise we will end up in huge loss.

I would do the same as you did specially with the situation of the market today.
I might have to hodl for more than a month depending on the situation of the market.
Accumulating coins during this dip will help us to get the highest profit that we wish when the market started to become bullish.

Well, it not just matter how long as long as you can see that your profit was there. Holding months or maybe a year will probably a good time frame in holding your Bitcoin. Once your profit was there, you can cut and reinvest again. Indeed, there's no time frame in holding Bitcoin. Besides, it is good if you are accumulating while Bitcoin is very cheap in the market. And that is correct, we need to patiently to wait at the right time.

It is right what people need to trade in bitcoin is patience. If not maybe like OP who do something that is not necessary and then regret it. After this maybe OP at least will hold his trading activity longer and stay if he think it is best price that he buy. And then he can make profit without missed any chance to get it.

In trading for a lot of time and also there is a lot of techniques on using the exchange to avoid of loosing of income, usually when we dont want to trade we are just doing holding different kind of coins that gives us a lot of profit and we know in the future the graph or the price rise up. In cryptocurrency we have a large amount of investors and those people are really affects the price of the cryptocurrency. If they are trading a large of money also the price of the graph grows up but today the price of the bitcoin is very low because of the coming season or the next coming year and also there are a lot of people holding their coins, because they think the next month is the peak season of the different coins usually the bitcoin for the incoming february.

leowonderful

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Depends whether or not the market conditions change significantly from the time I enter a trade to when I'm about to close to the point that the newer conditions invalidate my original thinking, or even just if my stops get tripped and my trade closes by that. There's also been times earlier when I've closed out trades because I realized my initial entry just wasn't good at all or when I realize afterwards that I entered a trade solely or mainly based off of FOMO. I'm generally not a fan of holding trades for extended periods of time unless it's for a planned longer-term trade though, especially since I trade somewhat often on Bitmex and other leveraged trading sites and funding can take a bite out of your account over time unless you're using quarterly futures contracts in the case of Bitmex.

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Quote from: Ryker1 on November 25, 2019, 12:44:39 PM

Quote from: Hamphser on November 25, 2019, 12:23:32 PM

Quote from: ragavancoin on November 25, 2019, 12:10:35 PM

I would definitely wait patiently until it reaches my target. I have never canceled order without reaching the target. Mainly we need the mindset and patience in trading otherwise we will end up in huge loss.

I would do the same as you did specially with the situation of the market today.
I might have to hodl for more than a month depending on the situation of the market.
Accumulating coins during this dip will help us to get the highest profit that we wish when the market started to become bullish.

Well, it not just matter how long as long as you can see that your profit was there. Holding months or maybe a year will probably a good time frame in holding your Bitcoin. Once your profit was there, you can cut and reinvest again. Indeed, there's no time frame in holding Bitcoin. Besides, it is good if you are accumulating while Bitcoin is very cheap in the market. And that is correct, we need to patiently to wait at the right time.

It is right what people need to trade in bitcoin is patience. If not maybe like OP who do something that is not necessary and then regret it. After this maybe OP at least will hold his trading activity longer and stay if he think it is best price that he buy. And then he can make profit without missed any chance to get it.

Bagaji

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Quote from: Goodvalony on November 24, 2019, 07:21:20 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.

As have said in your submission above the only thing you need that will make your trading beneficial for you is patient after you place trade. Always trade with the money you do a way with some time and if you are not good in trading crypto currency with margin trade please don't just tried it as the risk is high than the normal one.

Ryker1

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Quote from: Hamphser on November 25, 2019, 12:23:32 PM

Quote from: ragavancoin on November 25, 2019, 12:10:35 PM

I would definitely wait patiently until it reaches my target. I have never canceled order without reaching the target. Mainly we need the mindset and patience in trading otherwise we will end up in huge loss.

I would do the same as you did specially with the situation of the market today.
I might have to hodl for more than a month depending on the situation of the market.
Accumulating coins during this dip will help us to get the highest profit that we wish when the market started to become bullish.

Well, it not just matter how long as long as you can see that your profit was there. Holding months or maybe a year will probably a good time frame in holding your Bitcoin. Once your profit was there, you can cut and reinvest again. Indeed, there's no time frame in holding Bitcoin. Besides, it is good if you are accumulating while Bitcoin is very cheap in the market. And that is correct, we need to patiently to wait at the right time.

Hamphser

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Quote from: ragavancoin on November 25, 2019, 12:10:35 PM

I would definitely wait patiently until it reaches my target. I have never canceled order without reaching the target. Mainly we need the mindset and patience in trading otherwise we will end up in huge loss.

I would do the same as you did specially with the situation of the market today.
I might have to hodl for more than a month depending on the situation of the market.
Accumulating coins during this dip will help us to get the highest profit that we wish when the market started to become bullish.

Topic: How long do you hold on a trade. - page 15. (Read 3123 times)