Topic: It's ok if your profits are less - page 3. (Read 1963 times)

Even when you are experienced and well versed into the trading scene, I would still suggest to contain yourself with small profits because I have seen a lot of traders who just want to chase massive profits and I actually call them gamblers because a gambler also does the same, he either wins or losses but that is not how a trader should think. A trader must understand that when conditions are unfavorable you must dissolve your coins for even a minor loss and make up for that in next trade.

A trader who chases big profits is nothing but a gambler who believes he is trading because ask any traders and read any books no one will ever suggest to chase big wins/profits in trading in the long run. I understand sometimes you feel positive with a trade and may wait longer for extra profits but that must be only when you feel strong about it.

I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent. 
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.

When you are new and you do not have good skills and you do not want to take any kind of risk then you can make less profit which will be the best decision for you. On the other hand, when you invest more and have the ability to take risks, you will want to make a lot of profit because then you will not be satisfied with a small profit.

It can be said that everything depends on your aptitude and skill which will make you more or less profit.

basically, it is a safe playing pattern in the investment world. it's just that everyone's gratitude is different. sometimes, the desire for greater profits is very strong, so that the benefits that are not so great feel like less for us. however, I feel that small profits are good enough for now.

Everything do really start up from small beginning. We must just be appreciative on what will come instead of thinking and expecting too much because we know in trading that there is no stable income for we are working in a volatile market. It is just fine to earn a small amount of profit well then at least you have something to earn compared to have nothing at all. Specially at times like this, having a small profit is already something you would be thankful because earning profit is already hard to be done.

There is really nothing wrong on having small profit because on trading whether you earn something or not. Let us just be contented of the amount we can acquire from doing trading because even such a small amount can already be considered a successful trade. Better to have that so you know you are doing fine on trading. Unlike aiming for large profit that might lead you to failure. Appreciate small things that come for it is normal to start up from small. There is no trader that have successfully traded large amount specially when they were just starting. Learn to appreciate the opportunity of earning using trading even if it was just small profit.

It is really just fine to start up at small amount of profit because it is a part of the process. Be contented that at least you are earning rather than you having debts and failed tradings. Appreciate small profit as for now because you don't know, unexpectedly it can grow into a lot more bigger that what you expect it to be.

On trading and even investing, small profits must be a lot appreciated already specially at times like this that profit or source of income is hard to acquire due to the fact that we are facing a crisis. There is nothing bad on earning small profit because at least you have something to gain with. Small earnings are like small steps towards growth and development. We must eliminate greediness to get into our minds to avoid doing nasty decisions that instead of earning can just lead us to be drowned on negative amount of trade. Trading is a continuous process and on that process many possibilities can happen. Be glad that you came across small earnings because it just mean you are doing great on trades. Contentment and appreciation on what you gain whether small or big is the key to become successful in this industry. It is okay to dream something big but just let time to do it and do not rush things out so that you can see the progress of what you are doing so you can appreciate more when you came into your goal.

Aggressive stance is somewhat not really that recommended and this is base of on your expertise when you do become aggressive and at the same time you do  already  set out maximum risk management into a particular trade.You cant just  go into that manner if you are just complete noobs and you are really bound to lose trades in most cases.

Just go slow and surely.. even the profits were less or not really that big but still consistency and gradual phase manner will be always good rather than to be aggressive.

Profits would might be less but it is much better rather than ending up a day with an empty  pocket or blown out trading capital.

"A bird at hand is better than millions in the bush" said an old proverb! As far as you are making profits it far better no matter how little it is. Even if you are breaking even it is still far more better than losing. The one you are able to get in you wallet as gain is what really matters and not the otherwise.

Just a few days ago there were articles about how the market has hit a very low mark when it came to the volatility as the market was not really moving in any direction, as such the market conditions we are facing are not really ideal for those that are expecting huge profits, so anyone getting 1% profits per trade or at least aiming for that is probably doing well enough under these circumstances, the real problem is how to adjust your system when the market of cryptocurrencies presents again a positive trend and not be one of those that are left behind.

That's the same with me and I agree with this mindset. There's nothing wrong if you will target even a small profit gained than it will become zero. This happens to me how many times when I was participating as a bounty hunter.

If you are contented with a small profit, go on. Because sometimes in a humanity race greed was always there. So I cant blame if someone telling me that it should have a massive gain than the small amount but you are sure of profit. Well, this I guess also depends on the project if how potential they are to hold worth for a while.

Actually this all depends on what kind of a trader you are, someone who loves to have big profits and then a band of losses would rather be greedy and try to get big profits and then slowly loose out the profits in the next trades. While someone who tends to sell at a small variance will look to accumulate small profits, while actually both kind of traders are good and can be profitable in their own stance.

For example, an experienced aggressive trader would make 0.01 BTC profit and loose 9/10 times on 0.001 trades which means he still earned 0.001 and on the other hand someone who takes small profit can earn 0.0001 btc fixed profit on each trade and hence he also makes 0.001 btc profit with 10 trades.

Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range

That is why we must have a target price to sell to prevent become greedy. Maybe we can place the order sell before the price start increase, so we don't have to wait for the price start increases. It is no problem if we follow the technical analysis, but as you say, the target price will be taking part to help us make the profit. If you can place the order sell at one high price, you don't have to feel heartbeat because you only need to wait for the order fills so that you can get out of the market in the right time. Sometimes taking a little profit will be enough rather than wait for another high price, which is not always happening.

well, no one can predict what will happend tomorrow, you should be happy because getting profit instead cut lose then the price is pump after selling your coin at low price, for me its okay to have little profit even the coin will rise again tomorrow, dont be greedy and take that profit without regret.
i have simillar experience on coin that i bought which its pump after selling the coin, then with my greedy hoping to get more profit, i bought back the coin at high price with hope the coin will pump more, when tomorrow is come the coin price is dump about 30% from price i bought, so ive learn that its okay to earn small profit than losing everything.

Other than being greedy, there are other multiple reasons why people are looking for big profits or keep waiting for more profits; technical support must be one of them. When you are carefully following all your technical signals like you are always exiting at stoploss as per your technical analysis then there will be nothing wrong to be waiting to reach the target price levels as per what your technical analysis suggesting regardless of hating to wait and not being greedy here.

I mean when everything as the technical analysis then being greedy about having more profits which is supported by technical analysis should not be considered as a greedy act. But, when we are going as per technical things then we also should work on keeping stoploss in short so that we will not lose what we have already get into the profit side. It means that stoploss levels also should be based on technical analysis which should be on trailing basis.

Any kind of profit is okay. But to be honest, patience is needed for everything.
My experience
I bought 16 Ampleforth at roughly 36 cents per coin when the total supply was 8 million tokens.
Then I sold all my Ampleforth when the total supply got to 11 million tokens. I sold them for a reason though.
About Ampleforth
The number of token you hold increase with respect to total supply. The more the total supply, the more your token.
Although, I have little profit after selling but if I had wait for today, I will have gotten more than 100 times of my investment on Ampleforth.
So patience is the key.

As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.

I agree with you because the crypto is unpredictable and the price of a coin can go either up or down within a blink of an eye, so setting up a set target and selling off when you're near your target or already in profit is the best way to be able to beat the market because no matter how small a profit is, it's better than holding up for too long which might result in massive dump of the token. 

Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.

When it comes  to investment then our primary target would really be on making profit or seeing positive outcomes or results on what we are dealing with  no matter how small or bit it is as long
it can be a gain then that should be enough.Try to be consistent and do make up same quality trades from time to time then you will find yourself to be successful into this career.This isnt something matters on how big and fast you do get but rather this do talk about persistence and  patience.All of the qualities that mainly needed for someone whom do deal with unpredictable prices into this market.Just be thankful that you do able to gain but also losses are inevitable but somehow can be avoided or lessen it up.