profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
Lol it’s not a simple technique, you can miss it at anytime. Unless you have plans to be investing and holding it for a very long time before you sell it. Long term buyers or investors have more chances that they are going to be selling at a profitable rate. But for short term investors, it’s going to be difficult, unless you’re highly skilled and can predict the price movement within a short period. 
Topic: simple technique of selling high and buying low. - page 2. (Read 705 times)
Buying low and selling high is actually a profitable technique of trading which is very easy that even a newbie in trading can follow this process and be profitable as well, but most people sees it so difficult to follow this strategy because some times there might miss out buying the deep in fear of price going deeper, well the little technique I used when I was new to trading was buying every deep and selling when prices goes up, all I do is trade support and resistance and at a point it worked for me, if prices must have moved so high I look for the last support and set my buy order close to it, some times it might take days for the order to fulfill but believe it turns out fetching profit for me.
- Really lucky if the novice can be successful with this technique because according to what I've been thinking, this technique needs its users to get sharp and right into the nature of the market, we need to know the deepest lows and heights of the profit candlestick, which sounds quite simple but involves a combination of too many different techniques. In general, the simplification of all problems seems to be the combination of the most complex techniques 
Buying low and selling high is actually a profitable technique of trading which is very easy that even a newbie in trading can follow this process and be profitable as well, but most people sees it so difficult to follow this strategy because some times there might miss out buying the deep in fear of price going deeper, well the little technique I used when I was new to trading was buying every deep and selling when prices goes up, all I do is trade support and resistance and at a point it worked for me, if prices must have moved so high I look for the last support and set my buy order close to it, some times it might take days for the order to fulfill but believe it turns out fetching profit for me.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
I also thought trading was as simple as Buy Low Sell High but I can't determine which is low and which is high. Yesterday I was talking to different persons that are now involved to trading and I guess they knew more in trading than I do. I did research and I found something which is "support and resistance" that refers to the price chart. Determining the two before trading may help you pinpoint on when to buy and to sell plus the use of stop loss to prevent losing too much of your money.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
I also want to add a few tips as follows:
This can be in the form of trading or investment, but there are a few things that need to be considered again, namely you need to determine your target. How much do you want to make or need later. So that you don't worry later when you get enough profit, but you just keep on going. This is an unkind quality, namely greed for profit. If that is enough, don't take too much profit without paying attention to market volatility. Next, you need to pay attention to performance. The past performance of investment instruments can be your picture for the next chart movement. Whether the chart is moving stagnant or even no development, if there is no development it means that the possibility of future movements will not be significant.
Diversification is also important in investing. Where you allocate funds to various investment instruments, the meaning is not to invest in just 1 currency to minimize risk. If the wrong currency that you invested has a loss, you can return it in another currency. As I said, you have to be patient, don't overdo it, don't get provoked by emotions or lust for profit. So that your financial condition does not fall apart later.
As the word says "buy low and sell high" sounds too easy but the reality of it is that it is very hard to be executed for the fact that knowing when to buy and sell is a challenge already that even long time traders are still having a hard time to put into proper timing. Strategies on trading are easy to be stated but hard to put into action for we are working in a highly volatile market on which time is also an incredible foe to be stated since within a time frame many things can happen. It is up to you on how you will strategize your trading. Just be sure to be familiar on the market you wanted to get into before doing engagement to somehow manage the risk associated with it.
That's the thing with the crypto market. It's very volatile so it's much more harder to achieve the "buy low, sell high" principle since there's no sure fire way of knowing tops and bottoms. These TA tools at best, help us to determine zones that we can sell and buy back lower but it takes cut to take guts and emotions to sell and buy at those levels because you can think you're selling a top and then price goes up and doesn't return for you to buy back lower hence you end up missing out on those juicy upside gains. The same with buying falling knives.
As the word says "buy low and sell high" sounds too easy but the reality of it is that it is very hard to be executed for the fact that knowing when to buy and sell is a challenge already that even long time traders are still having a hard time to put into proper timing. Strategies on trading are easy to be stated but hard to put into action for we are working in a highly volatile market on which time is also an incredible foe to be stated since within a time frame many things can happen. It is up to you on how you will strategize your trading. Just be sure to be familiar on the market you wanted to get into before doing engagement to somehow manage the risk associated with it.
And this is where most noobs do believe that it was just easy until the real experience and interaction on the said situation will really be opening their eyes that dealing with moving price isnt really simply on the actual situation where emotions and decision making would really mixed up because you dont know on what would happen next.Some said about simply techniques but applying it on the actual thing
will really be much off difference when you are already making the trades.This might be the basic but even doing as simple as this would be the toughest game of all.
Therefore, you should do your assignment on researching up things like using technicals and stuffs or any that would be relevant on what you are doing.
As the word says "buy low and sell high" sounds too easy but the reality of it is that it is very hard to be executed for the fact that knowing when to buy and sell is a challenge already that even long time traders are still having a hard time to put into proper timing. Strategies on trading are easy to be stated but hard to put into action for we are working in a highly volatile market on which time is also an incredible foe to be stated since within a time frame many things can happen. It is up to you on how you will strategize your trading. Just be sure to be familiar on the market you wanted to get into before doing engagement to somehow manage the risk associated with it.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
The main indicator I often use for profit taking is usually RSI once price reach over 70 overbought region I sell and take profits or attimes when I had already earned the profit based on my risk to reward ratio I closed my trade, while I also buy at oversold zone though I always watch out for candlestick patterns or Price Action before buying all these techniques requires constant practising especially when buying at dip or the peak the trader has to be extra careful to avoid massive losses or price draw down.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading
Buying is simple but selling would be questionable because you dont know if the price would really be heading up into your entry point.If yes then its a good call but if it dips
then t hats considered as a bad decision and this is where stress and anxiety would be felt which is normal.This is why we should really be aware on how this market works.
It might be simple as it sounds but when you are already doing it then thats an another story.
So if you see the price start rally and reach the highest price, you need to think about the high price you should price and profit.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
The main indicator I often use for profit taking is usually RSI once price reach over 70 overbought region I sell and take profits or attimes when I had already earned the profit based on my risk to reward ratio I closed my trade, while I also buy at oversold zone though I always watch out for candlestick patterns or Price Action before buying all these techniques requires constant practising especially when buying at dip or the peak the trader has to be extra careful to avoid massive losses or price draw down. 
Buying low and selling high is not simple as that, we don't know if this is already enough value to sell or enough value to buy that is why there are still a lot of people whos not getting rich with cryptocurrency, that is not simple like that, the best thing to earn huge profit from investment is holding for a long term that is much advisable than just selling right away once the price of bitcoin goes higher a little bit.
If it's that simple, maybe we already know, but are we for the long or short term? if it is an only investment then, of course, it is the long term that is chosen, but nowadays many of them are only short-term trades when there is a slight increase then they will sell it so that the technique in this case winning is necessary considering the direction the market is going to go well, there we have to understand how to use some methods that are necessary at that time.top altcoins in the market.Nothing is simple when it comes to methods because if its actually simple then most traders now are doing scalping in a short span of time since they do already know the ways
but dealing with reality then it isnt simple as it sounds.
Buying low and selling high is not simple as that, we don't know if this is already enough value to sell or enough value to buy that is why there are still a lot of people whos not getting rich with cryptocurrency, that is not simple like that, the best thing to earn huge profit from investment is holding for a long term that is much advisable than just selling right away once the price of bitcoin goes higher a little bit.
If it's that simple, maybe we already know, but are we for the long or short term? if it is an only investment then, of course, it is the long term that is chosen, but nowadays many of them are only short-term trades when there is a slight increase then they will sell it so that the technique in this case winning is necessary considering the direction the market is going to go well, there we have to understand how to use some methods that are necessary at that time. profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
^ Definitely right, because there is no accurate time frame that you can predict when it will going to down and when it will going to up. Everything is unpredictable in trading since crypto price movements are not predictable. Probably if the BTC price will drop 75% from the previous price, probably that is a good sign to invest. Because if you determine the point of buying in a low and sell at a high price in a short period of time, I think you will not able to do it. Nevertheless, you can do this by simply determining the profit you have, once you have gain a profit of at least 50%, you can sell it at that price or hold furthermore. 
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading
Buying is simple but selling would be questionable because you dont know if the price would really be heading up into your entry point.If yes then its a good call but if it dips
then t hats considered as a bad decision and this is where stress and anxiety would be felt which is normal.This is why we should really be aware on how this market works.
It might be simple as it sounds but when you are already doing it then thats an another story.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. ...
If you are late with the purchase of a coin at a low price, do not worry, because the market offers unlimited opportunities. In this case, you need to choose another coin for investment, which is currently at the bottom and has a chance to start an upward movement. And as for the sale of the coin, then you can not miss the opportunity to sell on high and for this you need to use a stop loss.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
I think this is what everybody tries to do, buy low, sell high, but the timing is very difficult in todays markets. Determining what is the best moment to buy or sell can be very very frustrating. That is probably also why so many people are looking for Technical Analysis and Chart Analysis. Personally I like to look at the moving average over the last 10 - 60 days and try to determine a bottom like that if there is change between them then it means there is either a big upwards or downward trend happening. Unfortunately this analysis is always backward looking, so I will never get the perfect spot to buy or sell, always a few days behind.
Buying Low and Sell at High...pretty easy, right? But wondering why many we're still not able to get it and earn profit with that strategy? That might probably because they are too careless and impatient person.
Yeah, most of the traders are not patience enough; they want to just enter and exit with profits. But, people who care to enter through technical analysis are able to exit with profits. Trading is all about how you are approaching it, otherwise just by clicking enter/exit randomly, everyone might have become richest.The buy low sell expensive strategy will no longer apply if the psychology begins to become unstable and panic easily.
If you are not psychologically stable then you cannot get lower prices to enter and higher levels to exit. Because, I have seen lots of traders are missing good higher levels due to being greedy. If you are getting panic again you will miss good opportunities without entering with them.
Buying low and selling high is not simple as that, we don't know if this is already enough value to sell or enough value to buy that is why there are still a lot of people whos not getting rich with cryptocurrency, that is not simple like that, the best thing to earn huge profit from investment is holding for a long term that is much advisable than just selling right away once the price of bitcoin goes higher a little bit.
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