Topic: How long do you hold on a trade. - page 5. (Read 3123 times)
I often just leave my trades after predicting when to buy and when to sell. Some platforms offers a feature where if this reached the lowest price, you sell before it dumps, and sells also when it grew a little. Because for me, gaining a little is better than losing. But somehow, i also analyze before setting up such trade limits.
There shouldn't be a fixed interval for that. Always stick to the target you're looking for. Decide on the reward and risk you are willing to take given the trend you are counting upon. You can't expect a profit of 50% in a day trade similarly 5% in a swing trade is bad deal. So set up a target and duration of your trade according to the trend you have recognized. There is no right or wrong answer. At a given trend.. there are equal numbers of short and long. So half side is always wrong.
Few years now but I trade occasionaly and I'm not daily trader. I think if you have moderate apetite for profit and you don't take big risks then you can do trading quite a long time. Of course that is not very serious trading it's more for fun.
But many people go into trading too ambitious, with high expectations but very often they are not well prepared and don't have enough experience so in short period of time they experience loss and very often give up. Everything depends on your approach, expectations and goals.
And that is what it will allow you to survive in this market for a very long time and even thrive in it, many newbies come to this market thinking they are going to show everyone else how they are going to change the way the markets are traded and how they will beat everyone in the markets and then a few months later those same newbies begin to claim this market is a scam or how whenever they open a position the price seems to go against them.But many people go into trading too ambitious, with high expectations but very often they are not well prepared and don't have enough experience so in short period of time they experience loss and very often give up. Everything depends on your approach, expectations and goals.
All of this while the holders and the few traders that have realistic expectations of the markets are the ones that receive all the benefits.
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 this. Remember this is a highly speculative business, even the TAs deployed don't always tell the right stories. Most times it depends on luck to strike it the right way and remain in it till hugely profitable. Everyone here must've had their own share of regretful trades. Just know it's part of this business.
As a day trader, I don't keep my orders on a business for more than 24 hours, but I always decide where I want to buy and where I want to sell before I enter a company. So when my target is not met in 24 hours, I will abandon it irrespective of winning or losing and switch to other trades that I have already decided before. This works for altcoins that don't have such a large volume.
Many times I even have been doing heaps of trading for an extended time think trading good to trade long solely requires heaps of experience. Although the long-term trade is sweet to possess done heaps of disservice thanks to my mistake which have yet to select up. exclusively it seems that over time can learn something good.
It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
I ever hold some altcoin more than one or two years depend when I get back my profit and return my investment money, today I keep holding my Ripple coin after going to lower price and more than two years I have hold this coin and hope can back above $3 and return my investment money in this coin, I will cut loss when ripple never growing to higher price.It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
I ever hold some altcoin more than one or two years depend when I get back my profit and return my investment money, today I keep holding my Ripple coin after going to lower price and more than two years I have hold this coin and hope can back above $3 and return my investment money in this coin, I will cut loss when ripple never growing to higher price.The only problem with this is if you buy in during the highs. You'll be holding for years just to make a small percent profit. If you get in at the lows, then holding for a long time like that is probably worthwhile. However, I usually just sell whenever the trade gets down a couple percent. Just to get me out of it and let me make more trades. I usually make all of that back in a trade or two anyways. I have seen too many -70% year to dates and stuff for me to risk holding that long. It would just stress me out watching all of money disappear and have to wait such a long time to recoup.
It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
I ever hold some altcoin more than one or two years depend when I get back my profit and return my investment money, today I keep holding my Ripple coin after going to lower price and more than two years I have hold this coin and hope can back above $3 and return my investment money in this coin, I will cut loss when ripple never growing to higher price.It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
Now it is very difficult to find new projects that are truly potential for us to hold their coins.I'm sure investors are only after the purchase bonus at the beginning to get a small profit. You know how to market crypto now.It has been a long time since I found a new coin that really does increase the price of the coin after it is released in a market 
I am a short-term trader, even trading daily if the market is in a good stage. So I don't have a set timeline for each order, I usually sell them all when I get 3-5% of the profit so on average I will keep about 1 day to 3 days. And currently the market is in a bad stage and altcoins do not have the same wave as before, I currently only hold BTC long term and wait for halving
Short term trading is the right option at present. This is because the price of various coins that have always been the leading assets in the international market is not much high. There may come a pumping phase in the near future but as long as today is concerned I would also prefer the short term method .Trading is although a long term process but recession periods do exist where a person has to apply other techniques. It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
I ever hold some altcoin more than one or two years depend when I get back my profit and return my investment money, today I keep holding my Ripple coin after going to lower price and more than two years I have hold this coin and hope can back above $3 and return my investment money in this coin, I will cut loss when ripple never growing to higher price. 
It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
There are a lot of things to it and it usually takes dome time before someone get used to it and gets them rightly often. YouTube is one source to get how to do technical analysis and project the direction of the market either in your favour or against. There are also some interesting blogs that can aid your decision. A google search will be of help here
How long it depends on the market conditions or situation, because even I have many friends who try to trade and in the end they only lose because they cannot last a little longer. So the problem in this case is about patience, because it doesn't matter about TA and how confident we are in trading, because when we can't be patient longer then in the end you will only lose because you want quick profits.
There is time for your endurance to be checked in the trading as there are periods when the coin is not increasing but decreasing. But the good thing about that is that you have to commit to your target price and don't cancel what you've already planned, because if you still follow it, the success will be yours, just like what happens to the trader who invests when the crypto started, most of them are millionaires and some of them are billionaires. Keep until your price reaches, and don't be impatient to get a huge win.
There is time for your endurance to be checked in the trading as there are periods when the coin is not increasing but decreasing. But the good thing about that is that you have to commit to your target price and don't cancel what you've already planned, because if you still follow it, the success will be yours, just like what happens to the trader who invests when the crypto started, most of them are millionaires and some of them are billionaires. Keep until your price reaches, and don't be impatient to get a huge win.
Yes, as long as you have a trading plan and you believe in it then you should follow it strictly because that is how are you going to grow as a trader. If you stick to your plan and you encounter mistakes along the way then it simply means that you need to adjust things to become better. Being adaptive and patient are essentials to reach success.
For me it depends, which can be adjusted to the needs and circumstances. It can be long but it can also be momentary. Because for me trading is looking for profit not losing much. And time can also determine, and very influential in trading.
I am a short-term trader, even trading daily if the market is in a good stage. So I don't have a set timeline for each order, I usually sell them all when I get 3-5% of the profit so on average I will keep about 1 day to 3 days. And currently the market is in a bad stage and altcoins do not have the same wave as before, I currently only hold BTC long term and wait for halving
I only trade only for a week or a momth because i am only a long term trader, which i don't do any daily trades because it is really difficult and a huge risk, even you may earn much huger profit because it is also difficult to manage your trades, especially if you have work that you don't know what will you do first.
Of course, in both cases, there is risk involved, whether it is short term or long term. That's why we should always research before buying or selling the coins, most of the time I used to trade on a daily basis because it will help us to keep track of our investment.
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