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Topic: The best time to take profit in Trading - page 28. (Read 3787 times)

member
Activity: 308
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.

The rule in trading is very simple, sell when the price is high and invest a huge amount when its low then you will surely earn a huge amount of profit by waiting for a couple of months till it increases.
member
Activity: 392
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I think you should not trade at this point, you can see that bitcoin prices are constantly fluctuating in the past, the market is showing signs are not good as prices of altcoin are falling sharply after when bitcoin adjusts. So I think that at this point you should not trade, the risk will be very high and you can lose a lot if bitcoin prices drop sharply.
full member
Activity: 2086
Merit: 193
We need to keep target on our profits when it reaches it is the time to cashout and it will help us to avoid the panic while the price dumps and bumps.Or if you are a day trader we need to do much trades as much as possible even the profits is small to make decent profits everyday.
Traders know how to set target price and the cut loss level so basically the best time to take profit is when your portfolio turns to green because your target price is already hit. Don’t be greedy commit on your plans.
member
Activity: 322
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I think you are not trading at this point, you can see that today bitocin prices are constantly adjusting and down slightly over the past hours. The price of bitocin adjustment has caused altcoin to fall sharply, so trade altcoin at this time the risk will be very high, you can severely damage if bitcoin prices fall deeply.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
We need to keep target on our profits when it reaches it is the time to cashout and it will help us to avoid the panic while the price dumps and bumps.Or if you are a day trader we need to do much trades as much as possible even the profits is small to make decent profits everyday.
newbie
Activity: 168
Merit: 0
Winning in the market is the double-edged sword of your pocket. Let's think, if it's not 20% interest every month, but x2, x5 in just a few days will be like. Obviously, you will rush into buying small coins, despite yourself having no information or any sign of it with a single laugh. It's a BTC that has risen a million times. What kind of copper does that do not increase a few dozen times. Most of us would think so.
sr. member
Activity: 518
Merit: 252
I think the best time to take profit is when you are satisfied with your profit margin.
that's sounds great . it does not matter even though our profit is small. but if we think it's enough it will surely feel great results. which is important we can consistently gain profit.
hero member
Activity: 2674
Merit: 696
Dimon69
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.


Before enter market you should set your stop loss and take profit area and do that if the price touch one of them. No doubt to not obey this rules, specially when you heard people opinion. Take focus to the chart, follow your rules and accept the result. Do that and profit will be yours.
But we have to keep in mind that if the market is going good and the coin in which we have invested is going bad then there is something bad in the coin in which we have invested then we have to stop trading in that while if the market is bad then we have not to fear as the drop is because of the market and we have to keep in mind that the market will be better one day and these coins will recover sooner when the market will be okay.
Trading is one of the most difficult job to do and that you must be extra careful while dealing any of the thing related to that of the trading. You cannot decide without thinking over it and that you must be sure that your decision will then lead you to the earning of the money exactly in a way you want. Sell your coins only when the market value of the coins is rising higher and not before that.
hard at first to be take for but this is what you should and always to be that you think that selling it when at the good price can benefit you more wait for and also choose the potential one to make profit.
jr. member
Activity: 616
Merit: 1
I think the best time to take profit is when you are satisfied with your profit margin.
full member
Activity: 378
Merit: 100
I LOVE ADABS
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.

Do you believe that in order to make a huge amount of profit is to invest today because the market prices are dumping then that is the best way to do and everyone is expecting for the price of bitcoins to increase even more before the year ends.
hero member
Activity: 1050
Merit: 508
The best time to take profit, It is when you achieve the amount of profit you set. And you should also look at the current market indicators. Then make a decision to buy or sell.

Yes. Because each of us have different styles where he we are more comfortable on our trades. Of course everyone wants to ride and catch all the ups and downs in a day but it won't be that easy. What is perfect is you are still at a gain or minimized losses. Being positive, patience, emotionless and without greed are the keys.
full member
Activity: 378
Merit: 100
I LOVE ADABS
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.

The price in the market today is currently decreasing and because of that, we can invest a huge amount in order to earn more profit when the market goes back to normal, the only problem is that, if you are not well knowledgeable about the volatility of the market then you might lose a huge amount of profit when selling your coins at the lowest price because you feel pressure about your coins melting its price.
full member
Activity: 532
Merit: 100
The best time to take profit, It is when you achieve the amount of profit you set. And you should also look at the current market indicators. Then make a decision to buy or sell.
full member
Activity: 461
Merit: 100
I think there is no specific best time to earn a lot from trading. I mean, it can be tomorrow, later or following days. You just need to study and take care the coin you have and coin you are planning to trade/buy. Sometimes it is just a matter of giving importance on what you are taking care of.
sr. member
Activity: 686
Merit: 250
i use to sell my coins when i have already achieved a good profit from my bought, that is the only way to make a succesfull trade while you really want to make a good scalping (but you need to be fast to be able to catch the profits)

The best time to start earning in trading is the time when the worth of your portfolio id more than the initial value of your coins. If you have invested in Bitcoin or ETH, you should hold or trade this portfolio for long run. If you have Litecoin, ripples etc then short run trading when the value of your portfolio rise high is actually the time to get benefit in trading.
Of course that when we have earned a profit margin then we have to quickly make a decision. With that then we will get a very good momentum. never be late in making decisions because usually the momentum will never come a second time. Good momentum is when we can be sure what we get. Never go wrong in taking time. The best time is the time when we can reach the profit margin, so any time we can do, just watch the momentum and we will get the best results.
jr. member
Activity: 112
Merit: 1
Yes There are indicators on the platform that will tell you when. so learn more about the platforms where you trade. The exchange becomes very clever, you may want to learn when tokens have been purchased and when that happens, it will be discarded. It's always fun if you can make a profit with trading and trading profits can be very tempting because it is unlimited and you know that we have to make quick and flexible decisions with decisions but sometimes it's hard to make that decision, because if you do not make the right decision then You can lose money.
full member
Activity: 357
Merit: 102
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.


Before enter market you should set your stop loss and take profit area and do that if the price touch one of them. No doubt to not obey this rules, specially when you heard people opinion. Take focus to the chart, follow your rules and accept the result. Do that and profit will be yours.
But we have to keep in mind that if the market is going good and the coin in which we have invested is going bad then there is something bad in the coin in which we have invested then we have to stop trading in that while if the market is bad then we have not to fear as the drop is because of the market and we have to keep in mind that the market will be better one day and these coins will recover sooner when the market will be okay.
Trading is one of the most difficult job to do and that you must be extra careful while dealing any of the thing related to that of the trading. You cannot decide without thinking over it and that you must be sure that your decision will then lead you to the earning of the money exactly in a way you want. Sell your coins only when the market value of the coins is rising higher and not before that.
jr. member
Activity: 182
Merit: 4
Some traders employ the services of AI and robots to trade and know landmark prices or points to take out their profits. Without any guide it is best to set a target as earlier mentioned in this thread. You have to be very tactful and discipline or else you will over-trade and get back to the red graphs.
sr. member
Activity: 882
Merit: 269
I think this is no best time to take profits but best signal like candlesticks formation and some volume indications give you an idea of when to invest and makes money and right setup to sell and makes money.  Investment is technical and you should have a setting before selling or buying.
hero member
Activity: 2408
Merit: 584
i use to sell my coins when i have already achieved a good profit from my bought, that is the only way to make a succesfull trade while you really want to make a good scalping (but you need to be fast to be able to catch the profits)

The best time to start earning in trading is the time when the worth of your portfolio id more than the initial value of your coins. If you have invested in Bitcoin or ETH, you should hold or trade this portfolio for long run. If you have Litecoin, ripples etc then short run trading when the value of your portfolio rise high is actually the time to get benefit in trading.
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