Topic: The Best Time To Exit Trading - page 5. (Read 24714 times)
The best time that I was exiting in trading if I got mybprofit in trading If the market is not in good condition it's better to transfer your funds in USD and hold until the market goes to normal.
Nobody controls the market and this is the reason why nobody should be greedy when trading. In any business, if you can make a 30% profit, then that is a good deal. Take whatever that is on top and leave before the seen profit turns to a loss.
Yes, we must have a target every time we do trading, otherwise we might lose the opportunity to make a profit. I know some people who keep holding their coins when the bull happens at the end of 2017 and now they are regretted due to the current conditions. Exit as soon as we hit our targets!
I somehow manage to pull a portion of my entire portfolio during that time but I wish I pull out everything to enjoy the bear and relax for awhile.
Nobody controls the market and this is the reason why nobody should be greedy when trading. In any business, if you can make a 30% profit, then that is a good deal. Take whatever that is on top and leave before the seen profit turns to a loss.
Yes, we must have a target every time we do trading, otherwise we might lose the opportunity to make a profit. I know some people who keep holding their coins when the bull happens at the end of 2017 and now they are regretted due to the current conditions. Exit as soon as we hit our targets!
BUY THE RUMOURS. SELL THE NEWS And the more I buy, the lower the price goes. Perhaps the market cannot recover in a short time, it takes a very long time
Then you get a rekt, more buy its not a good option mate. Whent the market still have some a bearish signal, dont try to fight it, just let it go first before enter the market. Try to using a stop lose feature.
Nobody controls the market and this is the reason why nobody should be greedy when trading. In any business, if you can make a 30% profit, then that is a good deal. Take whatever that is on top and leave before the seen profit turns to a loss.
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.
What you are saying is Media will tell us when to exit?does the media did any good for crypto?maybe there are some but not in totality because media are only publishing what will benefits their interest and publicity 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.
BUY THE RUMOURS. SELL THE NEWS And the more I buy, the lower the price goes. Perhaps the market cannot recover in a short time, it takes a very long time
Market will recover in right time,and not in this early days because we are too far from profiteering stage
BUY THE RUMOURS. SELL THE NEWS And the more I buy, the lower the price goes. Perhaps the market cannot recover in a short time, it takes a very long time
that's why I don't believe in media making news and articles sometimes seeing it as paid or whatever, for me to trade we can see from the side of history without having to see a media and news
Media is the one who creates FUD's and peoples affecting with it have to face loss. It is not always that easy to get into trading and sell your coins at a correct time. Media tries to make majority of peoples go with their decision which indeed gives them profits but gives nothing to the peoples who go with the flow. Peoples should thinl rationally and should always hold their coins no matter in what situation to really have good profits out.We will see lot of fake news in the markets but it depends on us to not go with them and use our own brain to trade with our owned coins to avoid loss.
When you get profits even though there aren't many, that's the time for you to exit trading. But it seems that if you see the current crypto market tends to decline continuously, it is very difficult to get a profit, that happens is the fear we will even suffer losses, if you have already bought a coin or are holding it close, who knows there is a slight increase, immediately sell it
that's why I don't believe in media making news and articles sometimes seeing it as paid or whatever, for me to trade we can see from the side of history without having to see a media and news
I am a day trader and my goal in daily trading is to earn 5%-10% everyday. For me the best time to exit is when the cryptocurrency that I trade go up to 5% and above. I do not expect more because I know that decision is a mistake.
Agree, Day trader will set some rules and regulation because they won't expect higher returns in day trading. Even sometimes 5% profit is really high return but we have to focus on it until our desired target is reached, but we cannot do anything if suddenly the price of coin start falling in the market.
The best times to exit trading is after target profit achived, dont be greedy by entry again after the target profit reached, because very hard to predict the highest and when the price change to bearish . And use the profit to invest in others kind of asset or use it for others business. Because there are alot of way to make money .
The idea of diverting assets after you successfully gained out from trading business is really a good options, splitting your money between crypto and other kinds of business outside from this field also give you some edge just incase the bearish market continue you wont need to worry yourself since you still have other sources of funds, money management helps you to grow further, learn how to make good assessment making and analyze each business plans that comes up your mind, treat everything for your future goals not to let fear and greed overtake with your emotions.
I am a day trader and my goal in daily trading is to earn 5%-10% everyday. For me the best time to exit is when the cryptocurrency that I trade go up to 5% and above. I do not expect more because I know that decision is a mistake.
I hope it is very good to exit when we made some decent profit because suddenly one day the prices of altcoin will start decreasing and it will give very good opportunity to us again. So we need to be very active in the market for Caprice checking.
The best times to exit trading is after target profit achived, dont be greedy by entry again after the target profit reached, because very hard to predict the highest and when the price change to bearish . And use the profit to invest in others kind of asset or use it for others business. Because there are alot of way to make money .
That's is very difficult decision from the trader's specially if their coins is in the trap situation it's better to keep hoding than to gamble cut off loses, that is my priciple in my tading strategy.
That is the strategy I used, this coin will stay but the market will change from time to time, if you sell because you panic, it's a very bad decision. Being patient is very important, everyone wants to be profitable in trading and no one trades forever, but I am very much hoping that one day when I exit trading, I will exit happily.
That's is very difficult decision from the trader's specially if their coins is in the trap situation it's better to keep hoding than to gamble cut off loses, that is my priciple in my tading strategy.
use instinct when you really want to stop or exit. make sure you don't make a big mistake so you lose a lot of assets.
this strategy is done when the market situation is bad and the price of bitcoin falls then affects the price of other altcoins.
this strategy is done when the market situation is bad and the price of bitcoin falls then affects the price of other altcoins.
As for me, the best time to exit trading is when we have enough earnings and gains from the investments and trading that we had. I guess it is still important that we'll still grab the opportunities that we have. We should still continue striving here as long as we are able and as long as we are capable of earning.
Even you have enough savings for me better to still here in trading like for example the trader who gained millions of dollars they still here in trading because they still need to earn money because money is not forever and maybe it will gone if you do not know how to use it in good way. Better to have support because you can earn more money. It doesn't mean you earn money to trading you should stop you can continue to earn more. 
If you ask me the best time to quit trading is when you still making profit. Many stop only at the moment when they begin to lose constantly but then it's too late. Of course that moment also depends on your goals and amount of money you have earned, whether this satisfies your needs or not. But important is to be realistic, not greedy and to estimate your real possibilities and opportunities, then you will realise by yourself when it's the best time to exit trading.
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