I do daily trading but that does not mean I do it every day, I do when I get a good feeling in making buy/sell orders, if I do not have good feeling (I mean confident with the technical analysis that I made).
for trading with long term goals I usually only choose coins that I feel will have good potential.
in both cases I also still often make a mistake and finally decided to cut loss.
So how long do you hold on a trade? it depends on the conditions that occur and if the market is saturated I decide to trade in forex not in the crypto market anymore.
Topic: How long do you hold on a trade. - page 7. (Read 3148 times)
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.
I've been known to buy in to a coin and then the volume seem to drop almost immediately afterward and have the trade up for a few days or a week before finally selling it off. I don't ever really lose much money on these trades, but just having the funds tied up waiting is not doing anything for me and I'd be better off taking a -0.50% loss or so to get that money trading again. So, I usually give up after a few days/week.
It completely depends upon the market situation because in some cases we have to wait for the prices, sudden drops will always have a chance to lose money. In this case, we have to wait for the market to recover the price as long as possible, for this, we don't have any specific time for it.
Decision making is important when doing a trade, and once you set a goal when to earn profit this could help your journey in trading. Well, also depends on the market condition because once price increase time for profit, this is what I did selling when profit occur. Since there’s a tendency for doing long term hold on a trade price did not meet our expectation because of a volatile and a sudden drops of price.
It completely depends upon the market situation because in some cases we have to wait for the prices, sudden drops will always have a chance to lose money. In this case, we have to wait for the market to recover the price as long as possible, for this, we don't have any specific time for it.
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 only way is to work disciplinedly. For example, when you set the plan for this open order, you have to answer 3 questions:- Why did you open the order?
- When the price fluctuates to what extent do you accept that the trend has gone against what you expected?
- How much risk will you accept when opening this order?
You must be familiar with these 3 questions in each of your transactions and follow what you have planned. this is one of the best ways to manage capital and create the discipline of steel.
I have an average of like five holding days, I'm a day trader, and if my coin fails to reach my target selling price in five trading days, I'll sell it or if the price reaches my reduced loss limit. I don't want to keep it anymore because I know the market still has coins that can make me a boost. I'm a sort of trader that doesn't suit me to keep for a long time.
Every trader should have their own strategy. Just like yours im trying the every possible way that best suits me but I find day trading hard because of the pressure.Now im in long term strategy, I have a set target price on when to sell my coins but if the price somehow rise unexpectedly I will already take profit to make sure I wont left behind. Timing the market and dont be greedy to have big gains because the market movement is unpredictable.
I have an average of like five holding days, I'm a day trader, and if my coin fails to reach my target selling price in five trading days, I'll sell it or if the price reaches my reduced loss limit. I don't want to keep it anymore because I know the market still has coins that can make me a boost. I'm a sort of trader that doesn't suit me to keep for a long time.
Every trader should have their own strategy. Just like yours im trying the every possible way that best suits me but I find day trading hard because of the pressure.Now im in long term strategy, I have a set target price on when to sell my coins but if the price somehow rise unexpectedly I will already take profit to make sure I wont left behind. Timing the market and dont be greedy to have big gains because the market movement is unpredictable.
I have an average of like five holding days, I'm a day trader, and if my coin fails to reach my target selling price in five trading days, I'll sell it or if the price reaches my reduced loss limit. I don't want to keep it anymore because I know the market still has coins that can make me a boost. I'm a sort of trader that doesn't suit me to keep for a long time.
I have an average of like five holding days, I'm a day trader, and if my coin fails to reach my target selling price in five trading days, I'll sell it or if the price reaches my reduced loss limit. I don't want to keep it anymore because I know the market still has coins that can make me a boost. I'm a sort of trader that doesn't suit me to keep for a long time.
I need 17 days or even more than a month as long as it is still valid to reach the same resistance point, I divide many orders and always focus to always back up floating orders, if necessary add new orders to the same coin. My assumption is that if a trader often does a lot of cutloss less than a week it will affect the target calculation, this is where the importance of analysis in reading charts.
When I am tired keep holding altcoin assets but price keep down I try to sell it without care how much loss with my selling with lower price, many altcoin give me much profitable after holding about one or two years, but many altcoin have to sell because not have development at the future growing to higher price because not update anything with their project.
Those projects that do not get updates are the ones which act as pain in ass for traders. Such projects are really wastage of time for serious buyers and sellers of the crypto currencies. This is the reason I want some controlling body which only allow appearance of those projects on exchanges that have some legit profits for traders and are not just to make project owners good money.
When I am tired keep holding altcoin assets but price keep down I try to sell it without care how much loss with my selling with lower price, many altcoin give me much profitable after holding about one or two years, but many altcoin have to sell because not have development at the future growing to higher price because not update anything with their project.
Depend with how long I got much profit when trading, maybe I hold about one day when raised profit based on my target I will sell and many time I have keep waiting more than one month to sell because have hold waiting until price back to higher, all coin hold right now have pass one month because price have down with bitcoin still with lower price and I keep waiting how long altcoin back to higher price.
Yes my point is the same as you that we should keep holding until we get out target and until the price become high as high we want it to be. I can wait with patience because I like to trade for long term and I clearly know that without holding my earning can become zero if the market is at dump, on other hand I will gain knowledge too.of course, to achieve the desired target requires a lot of patience in trading, if it is wrong to take careless actions for fear that the market will be increasingly destroyed most likely the trade we do will not produce anything
for me, better to hold for long time than i lose my balance. it mean i will waiting for higher price for sell my coins altough in some months or more some years.
Depend with how long I got much profit when trading, maybe I hold about one day when raised profit based on my target I will sell and many time I have keep waiting more than one month to sell because have hold waiting until price back to higher, all coin hold right now have pass one month because price have down with bitcoin still with lower price and I keep waiting how long altcoin back to higher price.
Yes my point is the same as you that we should keep holding until we get out target and until the price become high as high we want it to be. I can wait with patience because I like to trade for long term and I clearly know that without holding my earning can become zero if the market is at dump, on other hand I will gain knowledge too.of course, to achieve the desired target requires a lot of patience in trading, if it is wrong to take careless actions for fear that the market will be increasingly destroyed most likely the trade we do will not produce anything
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.
not certainly about how long i hold, ussually i look condition of market when i see the another coins has profitable to buy and can cover my lose so i hold just for short time.... but i do not see good chance in another coins i will stay to hold and waiting to my coins increase price because i really do not want to loss my fund if i sell my coins in low prices Except it will cover in another way...... Depend with how long I got much profit when trading, maybe I hold about one day when raised profit based on my target I will sell and many time I have keep waiting more than one month to sell because have hold waiting until price back to higher, all coin hold right now have pass one month because price have down with bitcoin still with lower price and I keep waiting how long altcoin back to higher price.
Yes my point is the same as you that we should keep holding until we get out target and until the price become high as high we want it to be. I can wait with patience because I like to trade for long term and I clearly know that without holding my earning can become zero if the market is at dump, on other hand I will gain knowledge too.Yes correct, added to that for as long as I can see development working by the team, but if I found out that there's a doubt with their action and that they are just doing hype, and they are missing their deadlines, then I don't think I should trust them at all, so better for me to cash out before anything else.
Depend with how long I got much profit when trading, maybe I hold about one day when raised profit based on my target I will sell and many time I have keep waiting more than one month to sell because have hold waiting until price back to higher, all coin hold right now have pass one month because price have down with bitcoin still with lower price and I keep waiting how long altcoin back to higher price.
Yes my point is the same as you that we should keep holding until we get out target and until the price become high as high we want it to be. I can wait with patience because I like to trade for long term and I clearly know that without holding my earning can become zero if the market is at dump, on other hand I will gain knowledge too. 
I hate with holding when trading or investing because holding is bad way to get much lost and we have waiting more than one year for getting back our money and get profit, I think best way for cut loss because we can recovery with how much loss before and get profit with investing in other altcoin, I don't have option for holding altcoin in long time.
The real money is made in holding this is what I have understood from billionaires. yes if you are a short term investor or trader then selling quickly is fine, but if you know already market is at low and in future price will make a comeback then holding is the key as btc coins can rise quickly which we have seen also.
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 is something that is very reasonable In my opinion, when trading I cancel and it turns out that I make a big profit. and I think things like that do not need to regret, I myself think that luck is still not on my side at that time. I myself do not have a sure way to survive when trading at a time like that. every trader must have a fear when they feel the price will go down, and at such times it is better to cancel it than to continue to survive. so in my opinion, the length of time or not in carrying out a strategy to survive in trade can not be ascertained, I think depends on speculation and TA of each individual.
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, we really need to become patience if we believed in the coins we hold for a long term. And it was true also that trading for the novice became temptation for them because most of them are already hyped and became greed too to get profit in a fastest way, without even think about that knowledge and idea is very important first.
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