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Topic: Is over trading a good idea? (Read 468 times)

newbie
Activity: 37
Merit: 0
January 29, 2018, 02:43:46 AM
#55
"One of the most common dangers of over-trading is the loss of capital. Often traders, commit the mistake of opening many positions in the belief of hitting the jackpot on some of those trades. However, the sad reality is, most of these trades will result in the opposite – losses instead of gains. That’s why common sense would tell us that it’s always better to go for moderate yet consistent returns; rather than go for the jackpot in one go and expose yourself to greater trading risks."

www.quantshare.com/blog-494-the-risks-and-dangers-of-overtrading
member
Activity: 149
Merit: 10
January 28, 2018, 07:01:42 PM
#54
I guess that usually it is not worth your time. One exception would be if you have so much money that even micro-gains would make a sense.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
January 28, 2018, 06:55:27 PM
#53
Over trading is not good because this shows how greed you are on making money. Don't rush to have bigger profit just enjoy the process accumulating it and you will achieve all your goal in time. Trading is not that easy, and if you trade much your health might be in trouble so better to balance everything in your life.
hero member
Activity: 952
Merit: 515
January 28, 2018, 06:02:11 PM
#52
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Overtrading makes you very tired. While doing this, you will get tired and you will lose your strength. Instead of doing this, trade if and only if you see great opportunity. Trading like a machine is not good.
There is nothing wrong with overtrading, you can trade as long as you want, as far as you’re making money, then nothing is wrong with it.The only time I will say it is wrong is when you are losing and still keeps on trading. But as for when you’re making profit, you can continue trading as long as your want.


none here can explain what over trading is lol...in my understating op refers to either making too much money in a single day, or under earning. In either way, the question makes no sense
Agree buddy, he was indeed referring to allotting more of his money doing trading which is not a good idea as it involves risk factor in many ways. Such as when all coins goes down and your money were all their then you cannot maximize your money anymore and when emergency comes the tendency is you will lose your money if you have decided to get all of it.
member
Activity: 119
Merit: 10
Glab Trotter
January 28, 2018, 05:09:21 PM
#51
The biggest added value is over the long term thanks to the holding so what is the point of losing time doing high frequency trading?
member
Activity: 420
Merit: 40
January 28, 2018, 05:00:35 PM
#50
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Overtrading makes you very tired. While doing this, you will get tired and you will lose your strength. Instead of doing this, trade if and only if you see great opportunity. Trading like a machine is not good.
There is nothing wrong with overtrading, you can trade as long as you want, as far as you’re making money, then nothing is wrong with it.The only time I will say it is wrong is when you are losing and still keeps on trading. But as for when you’re making profit, you can continue trading as long as your want.


none here can explain what over trading is lol...in my understating op refers to either making too much money in a single day, or under earning. In either way, the question makes no sense
hero member
Activity: 756
Merit: 500
January 27, 2018, 06:17:22 AM
#49
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Overtrading makes you very tired. While doing this, you will get tired and you will lose your strength. Instead of doing this, trade if and only if you see great opportunity. Trading like a machine is not good.
There is nothing wrong with overtrading, you can trade as long as you want, as far as you’re making money, then nothing is wrong with it.The only time I will say it is wrong is when you are losing and still keeps on trading. But as for when you’re making profit, you can continue trading as long as your want.
sr. member
Activity: 588
Merit: 254
January 26, 2018, 12:37:12 AM
#48
In my opinion that not good because emotion and greedy will come to you and you can not manage it. I have been do it and i miss big profit because not patient to wait the price rebound and finally i got loss because bought coin in overbought area.
It's not about the emotions when it comes to trading or any other field where you jump in. I think it is how a new person responds to trading, who frequently buy and sell coins. Some people may mix it with active trading but there is a huge difference in over trading and active trading. People become over confident sometime while ignoring everything else they grab a coin at a high price.
I am personally not a crypto trading expert but I can say that I am a successful trader and all I have learnt about trading is through bitcointalk forum. Just follow one simple rule don't be greedy when other are greedy and don't freak out when others are feared.
full member
Activity: 616
Merit: 100
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January 25, 2018, 09:25:31 PM
#47
In my opinion that not good because emotion and greedy will come to you and you can not manage it. I have been do it and i miss big profit because not patient to wait the price rebound and finally i got loss because bought coin in overbought area.
member
Activity: 112
Merit: 11
January 25, 2018, 06:32:46 PM
#46
Over trading can have several negative consequences. Over active traders don’t have enough time to weigh up the possible outcomes of a trading opportunity and so make a reliable informed decision. Trader fatigue and higher chance of making mistakes. Unnecessary and sometimes extreme risk exposure
jr. member
Activity: 110
Merit: 5
January 25, 2018, 03:04:08 PM
#45
over trading is never a good idea i could relate it to my experiences in the forex market...
member
Activity: 420
Merit: 40
January 25, 2018, 02:38:39 PM
#44
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Overtrading makes you very tired. While doing this, you will get tired and you will lose your strength. Instead of doing this, trade if and only if you see great opportunity. Trading like a machine is not good.

haha this is the comment of the year lol
sr. member
Activity: 420
Merit: 250
January 25, 2018, 02:01:32 PM
#43
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Overtrading makes you very tired. While doing this, you will get tired and you will lose your strength. Instead of doing this, trade if and only if you see great opportunity. Trading like a machine is not good.
sr. member
Activity: 396
Merit: 250
January 25, 2018, 01:58:54 PM
#42
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
I think it can not be asserted that trading is good idea or not, because everything has  two opposing sides. Trading too, when you invest properly or lucky, you get a profit then you can say that trading is a good thing and the right choice. But if you make a mistake and lose all of money then everything will be different, and trading is no longer a good thing,  that it is too risky.
full member
Activity: 827
Merit: 100
January 25, 2018, 01:41:20 PM
#41
I guess usually this is a bad idea because it makes you lose a lot of time for very little gains. However, if you are moving very large capitals, even speculating on little differences of the price could lead to profits which are worthy. There has been one case when I could make quite some money just with arbitrage, several thousands $ for a sleepless night of arbitrage.
it certainly will not provide benefits and even provide a big risk because it will increase losses. so I think we have to be careful and trading with a suitable volume for minimal risk and results can also be obtained periodically.
member
Activity: 420
Merit: 40
January 25, 2018, 11:15:51 AM
#40
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading?

by definition, over-trading is a bad idea. it means you are hyper-focusing on short time frames and getting shaken out of good positions. it means you are selling your winners too early.

there are not pros. the cons: you lose good positions, you get frustrated and lose money selling into bear traps, you sweat small movements on low time frames when you could be spending that time more productively.

Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

absolutely not. the best way to survive and profit from this market is position trading. both mainstream investors and hedge funds have arrived (yes, including altcoins). that means buying dips from panic traders (perhaps like yourself Tongue) and holding through drawdowns. the trend is your friend.
Another problem is that over trading creates a taxable event, if you buy for 21 and sell for 22 you obtained gains that you need to pay taxes for, the more you make these small trades the more taxes you generate and the more money you lose to the government, also your accountant will go crazy trying to declare your taxes and if we add bitcoin on the top then the possibilities of mistakes occurring become quite high, that is why the common strategy of buying and holding not only gives more profits but also makes it easier to pay your taxes.


What is over trading?


Seems like most of you are oblivious to the definition of the things you say.
hero member
Activity: 840
Merit: 502
January 24, 2018, 09:41:10 PM
#39
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading?

by definition, over-trading is a bad idea. it means you are hyper-focusing on short time frames and getting shaken out of good positions. it means you are selling your winners too early.

there are not pros. the cons: you lose good positions, you get frustrated and lose money selling into bear traps, you sweat small movements on low time frames when you could be spending that time more productively.

Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

absolutely not. the best way to survive and profit from this market is position trading. both mainstream investors and hedge funds have arrived (yes, including altcoins). that means buying dips from panic traders (perhaps like yourself Tongue) and holding through drawdowns. the trend is your friend.
Another problem is that over trading creates a taxable event, if you buy for 21 and sell for 22 you obtained gains that you need to pay taxes for, the more you make these small trades the more taxes you generate and the more money you lose to the government, also your accountant will go crazy trying to declare your taxes and if we add bitcoin on the top then the possibilities of mistakes occurring become quite high, that is why the common strategy of buying and holding not only gives more profits but also makes it easier to pay your taxes.
full member
Activity: 714
Merit: 117
January 24, 2018, 05:44:50 PM
#38
I guess usually this is a bad idea because it makes you lose a lot of time for very little gains. However, if you are moving very large capitals, even speculating on little differences of the price could lead to profits which are worthy. There has been one case when I could make quite some money just with arbitrage, several thousands $ for a sleepless night of arbitrage.
member
Activity: 420
Merit: 40
January 24, 2018, 03:54:12 PM
#37
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?


Whats over trading? lol Traders trade to make profit... how can you over trade ?
Trading in the moment is an unsafe option because the market is going down and it is unlikely that any investor wants to trade in such a time. Trade is only profitable when the market rebounds and goes up and you can profit a lot but now the most appropriate way to invest in me is to keep and invest ICO, these two ways do not help you worry too much when the market fluctuates.

Why bother replying when you don't have slightest idea of what you're talking about? Do you think people will read your nonsense and hurry to click on your signature link, because your reply was so genius? Smiley

ofcourse its unsafe if you don't know what you're doing! lol
member
Activity: 532
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January 24, 2018, 03:45:20 PM
#36
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?


Whats over trading? lol Traders trade to make profit... how can you over trade ?
Trading in the moment is an unsafe option because the market is going down and it is unlikely that any investor wants to trade in such a time. Trade is only profitable when the market rebounds and goes up and you can profit a lot but now the most appropriate way to invest in me is to keep and invest ICO, these two ways do not help you worry too much when the market fluctuates.
member
Activity: 420
Merit: 40
January 24, 2018, 03:33:27 PM
#35
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?


Whats over trading? lol Traders trade to make profit... how can you over trade ?
full member
Activity: 378
Merit: 100
January 24, 2018, 03:26:32 PM
#34
Trade, in my opinion, is the most profitable. But this is also the most risky way. The main advantage is the experience
full member
Activity: 476
Merit: 100
January 23, 2018, 01:47:49 AM
#33
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Of course it has a negative effect. If you keep buying, you end up with nothing left to buy for other coins that are more promising than those coins that you bought. And the way you trade is like you never sleep. Keep it balanced.
full member
Activity: 490
Merit: 100
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January 18, 2018, 12:52:11 AM
#32
trading is a good idea for a side job, but it is very risky, you must have a way to know how the market price every day and before you also have to know more about all the trade and how to work.
sr. member
Activity: 560
Merit: 250
January 18, 2018, 12:36:50 AM
#31
I think trade very frequently is not a sensible idea.The price rise and down random in a short time, and it's is too hard to decide buy or sell. Hold the coin you believe , and sell at price in your heart is more easy to let you get money.
full member
Activity: 490
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January 17, 2018, 11:59:42 PM
#30
Over trading is not good, It leads to lose. You must have a trading plan which must be followed every day.Once you over trade you will be involved in revenge trading which which will bring more loses.

You should obtain a balance in trading of bitcoin and altcoinis. If you can't do this, the loss will follow as you mentioned above.

That's why I always provide 2-3 hours at most not to lose time and force myself into trading more frequently. This is the suitable solution I found. Don't spend too much time on trading.

besides that you also have to have the mental and the technique to know the rise and fall of price, it is very important, if where you experience loss in trade if mental strong will surely you will not be surprised again.
full member
Activity: 490
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January 17, 2018, 11:55:02 PM
#29
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

the current value movement is very unstable, you must have a strong mentality to deal with it, you must be smart to choose whether you want to sell or buy it up to your conscience and your mind, use the strategy and of course pray.
sr. member
Activity: 476
Merit: 250
January 17, 2018, 01:52:09 PM
#28
Over trading is not good, It leads to lose. You must have a trading plan which must be followed every day.Once you over trade you will be involved in revenge trading which which will bring more loses.

You should obtain a balance in trading of bitcoin and altcoinis. If you can't do this, the loss will follow as you mentioned above.

That's why I always provide 2-3 hours at most not to lose time and force myself into trading more frequently. This is the suitable solution I found. Don't spend too much time on trading.
newbie
Activity: 112
Merit: 0
January 17, 2018, 01:49:15 PM
#27
I don't understand what is overtrading. If you have strategy and use it correctly you just make entry when you have signal.
full member
Activity: 490
Merit: 100
January 17, 2018, 01:45:23 PM
#26
Over trading is not good, It leads to lose. You must have a trading plan which must be followed every day.Once you over trade you will be involved in revenge trading which which will bring more loses.
hero member
Activity: 826
Merit: 1004
January 17, 2018, 01:23:19 PM
#25
It's a bad idea do so you might end up missing up lot of profit opportunities always have a profit goal when you achieve it set a stop loss or 10% below the price so even if the price rises you can still hold the coin and simultaneously keep increasing your stop loss when you feel this won't rise further sell it off , with this you don't miss the profit and even if price falls your profit doesn't get affected at all.
hero member
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January 17, 2018, 11:56:59 AM
#24
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Over trading is not a good idea and it not advisable to spend much trading crypto currency. However, buying of coin due to the slight increase without studying the historic price movement, coin volume and exchange availability is also not a good idea. Besides, selling of coin because of slight increase in price is not good either cause ones need patient and wait for the maximum pump before selling. But if you're that scared you can sell some part in other to cover up your loss incase dip occur.
hero member
Activity: 966
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January 17, 2018, 11:14:55 AM
#23
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It is always said that excess of everything is bad. If you will do over trading, then it will be really very much difficult for you to manage the things in a better way. You will continue to get hectic most of the times and that you will then not be able to make some good amount of money as you will then be unable to make right decisions at the right time. Do trade but only that much which you can afford to do.

Trading would be worst option of investment platform for you. You will not get the return due to huge dump in all the crypto currencies. So if you over trade in this time you will be facing biggest lose in the market than ever.
I see this year completely nightmare for crypto users so trading will not at all works good to make lumsum.
Don't do affordable amount of investment also with the trading platform now so try to have alternative like mining or anything else.
hero member
Activity: 1092
Merit: 501
January 17, 2018, 10:54:24 AM
#22
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It is always said that excess of everything is bad. If you will do over trading, then it will be really very much difficult for you to manage the things in a better way. You will continue to get hectic most of the times and that you will then not be able to make some good amount of money as you will then be unable to make right decisions at the right time. Do trade but only that much which you can afford to do.
full member
Activity: 364
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January 14, 2018, 03:18:39 PM
#21
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

It's not advisable because often such changes are very very hard to predict and will lead to you wasting time and money. Pros if you get it right is you can maximise profits but it's very very difficult to do that, I would say almost impossible.
member
Activity: 108
Merit: 10
January 14, 2018, 03:09:41 PM
#20
Well, by the sound of it, over trading is of course not good . that is because crypto transaction usually incurs very high fee.
legendary
Activity: 1694
Merit: 1005
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January 14, 2018, 03:01:32 PM
#19
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

What do you mean by over trading? From your posts I assume it's doing a ton of posts during a day. Is that it?
I usually call that scalping the market, and it's a normal technic used in day trading. Traders who use that method like doing a lot of small trades to reduce their exposure to the market, and by that they reduce the risk of having big swings against them. Also, when a market is quite volatile, like the crypto market, you can do a lot of trades in a small price cycle, so you might end up having more profit than just going for the swing. The problem for me, with that type of trading, is that it is very time consuming, and I don't really know how to determine your stop losses. I started doing that, but I now prefer to just go for longer positions, and ask for bigger swings. I end up giving a bigger margin for my exits, and still have a nice profit when it goes well, and I don't need to stay in front of the pc all the time. Also, when all you have is a big bull charge, and the market goes in just one direction, you will end up leaving a lot of money with your scalps, because the market will go up after you close a position, and before you manage to open another one.
full member
Activity: 462
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January 14, 2018, 02:39:50 PM
#18
Depends on one trading strategy of a certain man.. You can’t just randomly buy and sell in a slight increases or decreases that’s a wastage effort on your part.. I do always put limit or percentage in my disposal on what is the best percent that makes my time worth spending with.. No specific percentage but it’s a matter of one traders choice that will make the big difference on profits..
member
Activity: 218
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January 14, 2018, 02:16:31 PM
#17
When i was new to bitcoin, everybody told me to hold and not to trade. I thougt i was smarter than everybody else. So is start trading. I made some profit. So when bitcoin rised again about 20%, i sold and wait for the next dump. And what happend? THe bullrun of bitcoin starts to almost twenty thousand dollar. I missed a lot of profit, and thats why i dont trade anymore.
member
Activity: 154
Merit: 10
January 14, 2018, 02:11:43 PM
#16
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
I think you should not over trading, that makes you 24/24 in front of the computer screen: stay up late, get up early, ... very harmful to health.

So I recommend you choose another method
member
Activity: 154
Merit: 10
January 14, 2018, 01:59:34 PM
#15
I think that trade is a very good idea, if it is well understood and successfully invested in a promising coin.
member
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January 14, 2018, 05:48:38 AM
#14
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It is a good idea but it is good for those who know how to control the emotions as well as always finding out about all the Altcoin they will invest. If you do not learn it before investing you can lose capital because of making the wrong decision.
hero member
Activity: 1176
Merit: 509
January 14, 2018, 05:30:27 AM
#13
For me overtrading is not a good and profitable idea. The market is very volatile and it fluctuates every now and then. it is much better if you do long term trading. You can assure your profit in long term trading if you will buy a good coin at a very cheap price. If you will do trading just because you saw a slight movement in the market, for sure you'll get losses from it because there are whales or group of people that makes the coin pump just to create hype about it.
legendary
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January 14, 2018, 05:01:09 AM
#12
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Overtrading is about increasing the offer demand so much that one would not even manage to show the offer to cover it. I thought overtrading was in general a thing to avoid, since in this state you are supposed to earn profit but you're actually losing your capital. I don't think it's really possible in the world of cryptocurrencies though, maybe only with those which have very low marketcap and trading volume. I still don't understand why would anyone do that and how it is related to selling and buying coins when the price change is not significant.
full member
Activity: 154
Merit: 111
January 14, 2018, 04:50:59 AM
#11
I don't think over traiding is a good idea, buying and selling coins when there is a slightly movement on price will not give you high profit instead you will just waste your time so you better buy coins then hold for a while and wait until the price get high.
full member
Activity: 238
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January 14, 2018, 04:10:35 AM
#10
You literally asked if doing too much of something is a bad thing. Well of course it is, anything can be bad if you do too much of it. Apples can be bad if you eat 20 a day but apples aren't bad by themselves. Over trading=bad but trading by itself=okay.
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January 14, 2018, 02:21:36 AM
#9
Altcoin trading is good way to make huge money because fluktuasion of cryptocurrency is high. We should understand about trading if jump in to crypto to get better.price when good time to buy and sell, and if just begginer in crypto space just doing long term trading, this is more easy to gain profit, just buy now and sell it in few week/amonth.
member
Activity: 266
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January 13, 2018, 10:17:05 PM
#8
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
I do not think you should make purchases and sales in a little movement. but it does not also make you lose in this case. if you have a large capital, I think this way is very effective in doing the exchange. but if you have a lot of capital I do not think I have to wait for the new highest price to exchange.
legendary
Activity: 1652
Merit: 1483
January 13, 2018, 09:55:07 PM
#7
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading?

by definition, over-trading is a bad idea. it means you are hyper-focusing on short time frames and getting shaken out of good positions. it means you are selling your winners too early.

there are not pros. the cons: you lose good positions, you get frustrated and lose money selling into bear traps, you sweat small movements on low time frames when you could be spending that time more productively.

Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

absolutely not. the best way to survive and profit from this market is position trading. both mainstream investors and hedge funds have arrived (yes, including altcoins). that means buying dips from panic traders (perhaps like yourself Tongue) and holding through drawdowns. the trend is your friend.
member
Activity: 307
Merit: 10
January 13, 2018, 05:29:10 PM
#6
depending on the same intentions, if buy bitcoin just for invest do not need to rush to sell the coin, and if buy coin make in tradingkan coin movement little by little must be on sale and then bought again, up and down until a few laps already already pretty good results.
full member
Activity: 625
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January 13, 2018, 02:05:31 PM
#5
You said slight difference... If you buy a goods as a trader at $50, will you sell it at $51 or $52? It is a profit gotten, but it is not able to be used for purchasing anything yet, same thing here in trading. Bitcoin price drops, you don't need to sell your coins, except you want to buy some fractions of bitcoin, but if you are not buying, then you hold, cause the price always goes up.
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January 13, 2018, 01:52:44 PM
#4
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

Overtrading depends on what style or type of trader you are, if you are a day trader then overtrading is a nice thing to do and you must continue it because overtrading will make you busy during the market time and it will give you tons of opportunities which will give you income for your daily bread and butter. But if overtrading is to be done by investor or swing trader then i would suggest that it's  waste of time and it includes heavy workload also, because here the trader is having high chances of being emotional and then he will trade the coins without any plan and will end up losing. Mostly long term trader avoids overtrading and day traders love to practice it.
hero member
Activity: 966
Merit: 513
January 13, 2018, 01:36:25 PM
#3
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?

If price increases your over trading will not affect you at all but when the time bitcoin or any concern coin dumping on the marketplace you will not get the profit as well as you will loose the fund continuously by changing the coins to another.
So moniter the price growth and investing on the profitable coins will be best idea all the time.
I noticed today again BTC started bumping hold this or buy the bitcoins with your overvalued or recent bumped alts.
d3x
newbie
Activity: 4
Merit: 0
January 13, 2018, 01:22:55 PM
#2
Define 'slight movement'. 1%? 2%?
Trading manually? I don't think it is worth it. To many HFT bots out there that will outdo you.

Swing trading on the other hand is quite profitable if you have the experience.

But in the end it all comes down to risk reward.
member
Activity: 98
Merit: 14
January 13, 2018, 11:27:29 AM
#1
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
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