:(why should we exit
we have still sometime till the very end
Topic: The Best Time To Exit Trading (Read 24642 times)
For me I have lost so much when I was trying to trade on my own but when someone introduce me to an expert trader, I have made so much profit through him
2018 is the right time to get out of the market, because the market is bearish, but now the market is bullish, and it's time for us to go back to trading again,
but actually when the market is bearish we can only trade, as long as we understand the movement of the chart, so we can buy and sell it exactly according to the support and resistance points on the chart.
but actually when the market is bearish we can only trade, as long as we understand the movement of the chart, so we can buy and sell it exactly according to the support and resistance points on the chart.
With the necessary amount of knowledge and experience, the trader can determine the phases of the market. And knowledge of the phases of the market is the most important clue. When the price of coins drops significantly, it means that the time has come to buy. If coin prices are rising rapidly and unreasonably, then this is the right time to sell. This will be the best moment to exit crypto.
It depends on may factors such as your investment, your profit, your coin and many other.
If you want to find out more about trading&crypto you can read it here.https://www.monfex.com/academy
If you want to find out more about trading&crypto you can read it here.https://www.monfex.com/academy
I think that traders have been attracted to this game, only when they lose all capital can it be withdrawn. Those who lead the game skillfully create confidence for us that we can win this game, and then they can easily take our money.
People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Yes, this is great advice. You can not allow your emotions to control you, don't allow FOMO to lead you into an unacceptable position. The ability to correctly exit from deal largely determines a successful trader. Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
For me, the right time to exit Trading is when you think you can't grow with it. There are times that you still keep believing that you will achieve your goals because you see it with your friends and you think you will also gonna make it which is not if it's not your thing then don't force yourself doing it if there is still no progress.
That's correct many traders always lost there money from trading from there strategies they making and always complaining for their lost.
Some times you need a break to take advance for those wrong you did and try to study it.
Any news about mpcx's bonuses during the IEO? I couldn't find them on https://mpcx.co/
To me , business is all about profit and loss. when someone loose , another person gains. the trading platform is a place where you ply all your intelligence to make sure you don;t loose always. if you loose today, go back review your strategy and make sure you don't make the same mistake again to avoid loosing twice. i don't think there is a unique strategy to win and win in this business.
In every situation when they have people earn money they have people lose their money too. But compared to the other business, crypto is much better because there is a lot of people who are earning more profit but in reality there is some people lose their money but only some compared to the business is there is a lot of people who are really losing their money and only few people earn so I will choose still crypto. 
To me , business is all about profit and loss. when someone loose , another person gains. the trading platform is a place where you ply all your intelligence to make sure you don;t loose always. if you loose today, go back review your strategy and make sure you don't make the same mistake again to avoid loosing twice. i don't think there is a unique strategy to win and win in this business.
You don't win all the time here, but you can be profitable in the end. Accepting that reality will make you make a more realistic approach, only those who failed will exit in the market.
If you are good in trading, you can make money at any situation, even at bearish, so you don't exit in the market, instead you will trade more to earn more.
To me , business is all about profit and loss. when someone loose , another person gains. the trading platform is a place where you ply all your intelligence to make sure you don;t loose always. if you loose today, go back review your strategy and make sure you don't make the same mistake again to avoid loosing twice. i don't think there is a unique strategy to win and win in this business.
For me, the right time to exit Trading is when you think you can't grow with it. There are times that you still keep believing that you will achieve your goals because you see it with your friends and you think you will also gonna make it which is not if it's not your thing then don't force yourself doing it if there is still no progress.
With trading the exit point is when you reach the targeted profit out of the trade. In this regard very few succeed attaining the expected profit. Other than this it is good to take a break if the market isn't volatile to create a difference between buying and selling.
of course everyone is targeting to make a big profit in trading, as much as possible we should be able to limit the benefits obtained and not be easily greedy to get greater profits because if we are greedy emotional levels cannot be controlled so it is very easy to get a loss
I guess what you've said is somehow true. If only those fake news organizations are still not involved in the cryptocurrency market then we shouldn't be experiencing this bear market as bad as it is. Before, traders only think of when is the bitcoin season or altcoin season but now the whole game is changed. One FUD from those fake news then the marketcap collapses easily.
I think the best time to exit trading is when you already reach your goal.
Well that's right but not everyone can be easily satisfied, though they reach their goal, they still aim to have more. Always set a goal and when you already reach it and you feel like you want to have a break or just leave and quit with trading then do it.
But for me once I already reach my goal I would convert some of it into Fiat or save the half of it in my hardware wallet then continue to trade.
Honestly, I have my goal which is really big and if I will be able to reach it, I cannot promise that I'll exit completely, I will definitely gonna still invest knowing I have a chance to make even more. This market is full of opportunity, as an early investor, I feel I should grab it. But for me once I already reach my goal I would convert some of it into Fiat or save the half of it in my hardware wallet then continue to trade.
yes, I agree with what you say. indeed media, news, rumors greatly affect the rise and fall of market prices. but to determine when the right time to go out, I think that depends on each individual. if indeed someone has earned income that is in accordance with the target they want, maybe that is the right time to get out. and if someone has speculation that prices will decline, maybe when someone has speculation like this, maybe it is the right time for someone to get out of the trade.
But what if they have not gotten a profit that is at least close to the target that has been made and if they are to stay because of greed, chances are they will never get the target profit. So, each individual has his own views about rumors, news, etc. They will have their own analysis to get the right time to exit trading and that skill will shape from their experience during trading. 
yes, I agree with what you say. indeed media, news, rumors greatly affect the rise and fall of market prices. but to determine when the right time to go out, I think that depends on each individual. if indeed someone has earned income that is in accordance with the target they want, maybe that is the right time to get out. and if someone has speculation that prices will decline, maybe when someone has speculation like this, maybe it is the right time for someone to get out of the trade.
People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
It also depends on your trade perspective. If you are a day trader your daily goal is to make a small profit like 1-2% every day but if you are a long term investors an ATH could be a target
Investors sentiments is a really good indicator and I use it all the time. It includes official news, recent price action and social media. All these components make a very important background and off course a trend.
I suppose huge trading volumes for selling (by volume indicator) is one of the best indicator which can show you to close long positions
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