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Topic: The Best Time To Exit Trading - page 7. (Read 24714 times)

sr. member
Activity: 980
Merit: 250
January 06, 2019, 01:25:10 AM
The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

If you feel that you do not want to trade anymore, quit it - the sooner the better. For these people, who lost their faith in trading, it will be the best time, the period when they understand this job is not for them.
the most effective ways to identify exit level was by analize the chart.if we understand how market moved we could identify in which level was to entry and exit from market.so dont decided only see this price to high or too low.moreover based on our felling.we have to avoid this ways.
hero member
Activity: 2632
Merit: 833
January 05, 2019, 05:10:45 PM
I wouldn't take an exit if the media publishes about the dump and other bad things about crypto.

I've proven that thing suddenly will change and what they are reporting will turn into the other side. Just follow CNBC.  Grin

It's because those media outlet just wanted some attention and would say anything under the sun even if they don't truly understand it.

But yeah usually when CNBC calls for a bearish trend, the market moves on the opposite direction.  Grin
full member
Activity: 546
Merit: 100
January 05, 2019, 01:39:28 PM
The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

If you feel that you do not want to trade anymore, quit it - the sooner the better. For these people, who lost their faith in trading, it will be the best time, the period when they understand this job is not for them.
sr. member
Activity: 994
Merit: 252
January 04, 2019, 02:44:34 PM
Why do you suggest going out of trade?
We may not know the real reason why he's saying that.

isn't the price now increasing and this is very good for trading?
It's always good time to trade if you have passion and experience with the industry, regardless of the prices affection you'll always see that trading has a straight way if you'll continue.
  No I think that’s not true every time is not the good time mate their is some fixed time that you should know by observing the market.  Trading right now is not good but that’s great time to enter so that you will not have to spend more and long term trading gives better profit than day trading so I would say its not time to trade.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
January 04, 2019, 10:02:15 AM
You must be able to make your own decisions because the news can be manipulated I guess. For example, BCHABC has terrible news, and the reputation of CEO is not good. But the coin was gone up 100%, while the Coin that will be considered to be up, it hasn't any effect at all. at least you should have a target to take the profit, for example, 5-10%
member
Activity: 616
Merit: 16
January 04, 2019, 08:46:51 AM
i have been trying to put this in practice.i think you just gave me confidence. i must put it into practice.i use to follow the news and the Fomo of a think. eventually, i got burnt several times. i have learnt my lessons. will try this method this year.
Honestly you made lot of points in your articles. i have to bookmark the page. seriously i like the way you explain everything in simple English terms. it's encouraging.
hero member
Activity: 1834
Merit: 523
January 04, 2019, 08:13:15 AM
It is the best time to enter trading. Not to exit because those people who already exit or leave the trading maybe they are scared to invest more their money and other are no bright side  see in the investing in cryptocurrency which is not because for us we believe if the market that is the right time to invest more.
legendary
Activity: 1596
Merit: 1011
January 04, 2019, 12:59:43 AM
The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.
that is best strategy for us.easy to said but difficult to do mate.we have to learn and improve our skill.only expert and experienced trader could do this.need long time and sacrifice offcourse.
Simply put, trading is aimed at selling coins that we have at a higher price than when we buy them. when we decide to stop then we must be civilized at a good phase. Market conditions do make it difficult for many traders to make decisions. but believe that when a trader has good patience, they will most likely be able to make a profit. trading is a very interesting world, many people get rich when they can take advantage of many situations well.
full member
Activity: 1162
Merit: 101
January 04, 2019, 12:40:44 AM
Yes, the media are trying in every way to misinform the population about cryptocurrencies, and large players and companies at this time buy good digital assets at low prices
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
January 03, 2019, 11:46:55 PM
Why do you suggest going out of trade?
We may not know the real reason why he's saying that.

isn't the price now increasing and this is very good for trading?
It's always good time to trade if you have passion and experience with the industry, regardless of the prices affection you'll always see that trading has a straight way if you'll continue.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
January 03, 2019, 07:55:37 AM
Why do you suggest going out of trade?
isn't the price now increasing and this is very good for trading?
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
January 03, 2019, 04:17:46 AM
I wouldn't take an exit if the media publishes about the dump and other bad things about crypto.

I've proven that thing suddenly will change and what they are reporting will turn into the other side. Just follow CNBC.  Grin
full member
Activity: 630
Merit: 100
January 03, 2019, 04:10:44 AM
The truth of the matter is that everyone have an idea of good and bad market and what they should do in each cases  but the problem is how to do it!  Even for a very experienced trader,  you don't always make good decisions on time.  I guess we win some and lose some, that is just the way it is!
jr. member
Activity: 197
Merit: 3
January 03, 2019, 02:47:01 AM
The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.
that is best strategy for us.easy to said but difficult to do mate.we have to learn and improve our skill.only expert and experienced trader could do this.need long time and sacrifice offcourse.
sr. member
Activity: 1540
Merit: 255
January 02, 2019, 10:12:58 PM
The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.
member
Activity: 574
Merit: 10
January 02, 2019, 08:44:35 PM
I think this year the market will start to rise again, for me, I will hold back some time in the future at a better market price, so that I will also produce good profits in the future.
newbie
Activity: 14
Merit: 0
January 02, 2019, 08:31:43 PM
when the price reaches your reasonable stop loss point, the courage to get out is commendable.
I don't think there is best time. Just follow rules you set before.
jr. member
Activity: 392
Merit: 2
January 02, 2019, 06:58:04 PM
We do not have always to follow  what others are doing. The best is to have our  own, independent decisions.
The best time to exit is when we have achieved our trading goals. Taking profit is one of the most important
things in trading.
jr. member
Activity: 196
Merit: 1
December 30, 2018, 08:06:01 PM
You should never trust the media, I think so. Now there are no neutral sources of information, all corrupt
full member
Activity: 518
Merit: 104
PUFFY FINANCE
December 30, 2018, 05:55:49 PM
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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/  (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.
Yeah you are right media also plays a big role in the crypto currency prices when the media spreads negativity about the cryptos the price will dump if they spread positive news the price bump because this is also a play by big whales so if you are smart enough understand that situation and make use of it.
The media will always have a strong influence on cryptocurrency as it creates panic in the minds of the people. For me, I don't rely on the media to tell me what to do as I always read the market myself to see what is happening before I take any action. I only buy when the market is bullish and sell once the market is bearish.
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