The Best Time To Exit Trading - page 22.

sakokinak

full member

Activity: 518

Merit: 101

Quote from: XCANA on May 03, 2018, 04:45:34 PM

Well, have mentioned a valid point on when one should exit from your trading position. In addition to that i will add greed as one the factors that contributes to loose of trade and i want to advise that once you hit your take profit position please exit in other to aviod lost of money.

When you need money urgently or when you are really tired of this difficult business that is called trading you can definitely quit at any time. IMHO.

BTCappu

member

Activity: 516

Merit: 38

Quote from: XCANA on May 03, 2018, 04:45:34 PM

Well, have mentioned a valid point on when one should exit from your trading position. In addition to that i will add greed as one the factors that contributes to loose of trade and i want to advise that once you hit your take profit position please exit in other to aviod lost of money.

No need to wait for more money or profit, it is great to enjoy your success and money when you have made your target. I have seen people missing on cool opportunities of making money but they kept holding because of greed. Trading is all about selling and holding coins at right times. I always make targets for myself when involved in trading, this way I can keep tracks of my losses and profits well.

Saidmod

sr. member

Activity: 659

Merit: 250

Quote from: ?? on ??

The best time is when you are in a profit and your investment showing you a great profit because in this way your interest will remain same and you can earn good from market because this is the best time to exit and makes you able to be a good trader,

Yes, don't hesitate to sell if you are not in loss. Actually the best time to exit is on before the market goes red, try to watch bitcoins movement at the same time while trading. But if you are a holder you do not much need it because you are focus for long term big profits than playing with those pumps and dumps.

javadevm8

newbie

Activity: 81

Merit: 0

Exit when you are up and don't hesitate to take profit as it rises is what I preach.

playboy654

member

Activity: 546

Merit: 32

Quote from: kenziefried on May 04, 2018, 02:59:03 AM

Quote from: QueenOf on April 29, 2018, 08:30:12 AM

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

I agree with you, now this effective way of trading crypto is to sell when rumors or news dump spread.
but if you are late in selling I think this way will only make things worse.

Yeah that is absolutely right. Trading is all about taking decisions at very right time. Much sharp mind is required to go for trading. Like you have said, if someday you start hearing the news and they say any wrong news about bitcoins, and you know this would be downing the price of bitcoins, so make a sharp sell. Because only then you can save a lot or you have to wait for the long time ahead.

In my opinion the best time to exit is while the value start reducing or falling if a coin fall it will not come again soon so that was the best time for a traders to make a decision but it depends on each and every person situation.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

Quote from: ahtsham90 on March 03, 2018, 07:26:32 AM

you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again

Yes. Once you are doing trading, you need to set your target first, it is really hard to do trading. You need to be patient when doing trading, because anytime, you may lost your funds, the best way to do trading is setting your targets first. Don't be greedy.

carter937

newbie

Activity: 60

Merit: 0

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

Hey bro, I think before entering the command you need to define the target and you always must used to stoploss. Just set stoploss about 10%. This helps you not to lose too much capital when the market dump abnormal.

jlong187

member

Activity: 255

Merit: 10

In my opinion, the best time to exit trading is, when you have lost some amount, not to try return them for any cost, just calm down

sedahan13

member

Activity: 462

Merit: 10

When the price going up and we are in profit already, is very important to lock the profit by sell it partly. By sell it partly we can avoid loss because we lock already some profit, and to decide when best prices to take profit by use technical analysis really help to know that. Dont be greedy and dont out from rules of trading that you make it already.

kenziefried

newbie

Activity: 141

Merit: 0

Quote from: QueenOf on April 29, 2018, 08:30:12 AM

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

I agree with you, now this effective way of trading crypto is to sell when rumors or news dump spread.
but if you are late in selling I think this way will only make things worse.

Yeah that is absolutely right. Trading is all about taking decisions at very right time. Much sharp mind is required to go for trading. Like you have said, if someday you start hearing the news and they say any wrong news about bitcoins, and you know this would be downing the price of bitcoins, so make a sharp sell. Because only then you can save a lot or you have to wait for the long time ahead.

duongdaiduong

member

Activity: 289

Merit: 10

Quote from: kateycoin on May 03, 2018, 06:08:55 PM

Everyone of us have a target price when it comes to our investment or in trading. I think don't follow the crowd doing because theres a possibility that you can lose your profit make your own way and focus to what are doing. Some people will exit in trading if they got big amount of profit and it's up to you if you do that too.

Yes, i think in every scenarios, following the crowd isn't a smart move at all because the crowd only bring to us the confusion and failures .
I don't trust the crowd in everything of this life even it has nothing related to the investing stuffs.

Dwarf42

full member

Activity: 308

Merit: 100

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

In the past few days, the price of bitcoin has been increasing steadily and there are no signs of stopping. At present, bitcoin is at $ 9700. This time the board will trade very successfully because it can be seen that the market is uptrend in the short term. I think the best time to get rid of that trade is to exit only when prices are rising and should not exit when prices are down.

kateycoin

full member

Activity: 882

Merit: 104

Everyone of us have a target price when it comes to our investment or in trading. I think don't follow the crowd doing because theres a possibility that you can lose your profit make your own way and focus to what are doing. Some people will exit in trading if they got big amount of profit and it's up to you if you do that too.

bosimpson54

member

Activity: 271

Merit: 10

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

We can see that the market in recent days is fluctuating continuously and it is difficult to predict, it can be seen that bitcoin prices are continuously increasing and increasing for several consecutive days, this has made the market boiling. move back. So you can be confident in trading without risking too much, I believe that you should only exit when the price is rising and should not exit when the price is down.

julzcoinbit

full member

Activity: 434

Merit: 105

Quote from: ylnar123 on May 03, 2018, 05:07:06 PM

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

I don't understand about the EXIT you mentioned. Is it quiting in cryptocurrency or dumping the coins you have. For me when there is a dump happening and it happens to be a reliable coins then I would prefer to buy rather than to exit trading. What I talk about here is about earnings and not panicking in a situation like that.

In my perception mate this is not literally exit or quit in trading, but he just wants to let awaken those investors that don't yet realize how they just played the media, especially those big whales.

ylnar123

member

Activity: 350

Merit: 10

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

I don't understand about the EXIT you mentioned. Is it quiting in cryptocurrency or dumping the coins you have. For me when there is a dump happening and it happens to be a reliable coins then I would prefer to buy rather than to exit trading. What I talk about here is about earnings and not panicking in a situation like that.

XCANA

full member

Activity: 1456

Merit: 148

Well, have mentioned a valid point on when one should exit from your trading position. In addition to that i will add greed as one the factors that contributes to loose of trade and i want to advise that once you hit your take profit position please exit in other to aviod lost of money.

GreenPowerRanger

member

Activity: 223

Merit: 10

I think the most people will stuck their life in trading once they entered. Even if you would make millions of profit, they would never sell everything they got and exit the world of trading. Because tha main problem of every humand being: Greed! They are all greedy, and even when they made millions of profit, they always think about it how they could maybe make some more. So i personally would be very happy if i could make a good profit and exit this world. Because its just to stressfull!

clex_us

full member

Activity: 336

Merit: 100

With the change of time nodes, selling most of the tokens in the market when it's crazy is the right choice. It won't disorient you, or you set a goal. When you reach the target price, you sell it.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: Bitexpert2017 on May 03, 2018, 03:58:41 PM

Best time to exit trading is to just be ahead, like way ahead when you can just live off the interest of all amount of money you were able to profit from your trading.

That's why is it advisable that you need to put down our exit strategy as well. So that you can exit on time and still make profits instead of waiting for the price to really get into the top. However, no one knows what could be the top price of any coins. If you think that you have meet your exit plan (your profits) then no need to stay a minute longer. Get out take your profits and go on the next coin that you are going to invest and then repeat your strategy.

And this is the reason why so many newbie traders have lost in the past. They don't know how to mitigate risk, then think that the price will go on a parabolic rise so they waited until finally the market plummeted and they lost their potential profit because they don't have any exit plan.

Topic: The Best Time To Exit Trading - page 22. (Read 24693 times)