Topic: The best time to take profit in Trading - page 7. (Read 3816 times)
Determining the time to get a good profit margin is not very accurate, but setting a target is much better. Setting a process on time is not enough to predict how the investment will return, but setting targets such as the target sales price is sufficient to calculate the return on your investment. On the other hand, it will be more accurate to determine the period. For example, it is not reasonable to set a specific date or day target while the targets such as turning the investments made during the month period into the cash with the profit margin within the bull period are reasonable. For that reason, I think it would be better to set profit margins targets or sales price targets instead of time targets.
It's up to you to decide. Trading time and good time in my opinion is morning, when I make a profit, when I make a profit.
I keep and lock in my profits and maintain the same level of capital. Then I trade again using profit that I got before from profit trading before
I keep and lock in my profits and maintain the same level of capital. Then I trade again using profit that I got before from profit trading before
imo the best time to take a profit in trading is everyday . why can i say everyday ? simply because i believe in the principles of day trade (day trading ) even if the market of cryptos are down , you can still earn by doing trade because for sure not all coins are affected on every market dips . there is usually a certain coin that is still stable , now you need to search for them and that will be your asset to be able to do a day trade . you can then buy and sell them every single day and move on again to other one . rinse and repeat .
As I think, pick a point wisely and when it goes up, decide on a good profit target (30-100% is perfect for beginners to invest) enough to make a return. Your investment.
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.
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 best time to take profit is when the market is in green. That's is also the reason why it is necessary and advisable for us to buy altcoins while the market is in dip. It is best to sell when we reach our target value so we better continue striving for whatbis best.
What? Take profit when the market is green? Huh?
If you're day trading, you buy low and sell high. Use RSI and Bollinger bands for day trading with a coin that has volume in an exchange.
Use fib. retracement or other charting TA for longer trades. It's that simple.
If you're day trading, you buy low and sell high. Use RSI and Bollinger bands for day trading with a coin that has volume in an exchange.
Use fib. retracement or other charting TA for longer trades. It's that simple.
But this thing knows only by a few traders here only. Majority of the traders in this business doesn't know about the RSI and Bollinger bands.
What's in there mind was always when the market is green, for them its time to sell to get profit, that's the reality true happening now mate.
Though, there is truth when the market is green.
In my opinion trading offer possibility to get profits in every possible market situation and actually I don't think that there is a "special time".
I agree with you. When we are doing trading, we should consider the market. When the market is red, we should be patiently holding, do not let yourself to trade your coins at a low price just because you are worried that you may lose more.
In my opinion trading offer possibility to get profits in every possible market situation and actually I don't think that there is a "special time".
I think all the time can be used to make a profit, in trading profits are not limited to time, all I do is minimize losses and not take a lot of profit, the most important thing in trading does not suffer losses and do not easily panic, keep calm in taking action to sell or buy
Yes you are right, people should be always calm about the market prices because in this way they can have peace of mind and hold their coins in order to avoid losing their investments.
the best time to be able to get a profit in trading of course if the price goes up and you already get a profit then you can sell it and buy again when the price goes down so you will have a chance to get more profit when the price goes up again
My best time is take profit when market down then I buy coin and when up I sell my coin
I take good profit use it
I take good profit use it
Taking advantage of the current Cryptocurrency trade feels a little difficult.
I feel that the price of Cryptocurrency is currently experiencing a decline in prices, making many people anxious and doubtful about the future of Cryptocurrency.
I see from your opinion, it's good if you lose a little better than have to experience a big loss in the future.
But the problem is we don't know how long Cryptocurrency will last tomorrow or it can last forever.
I feel that the price of Cryptocurrency is currently experiencing a decline in prices, making many people anxious and doubtful about the future of Cryptocurrency.
I see from your opinion, it's good if you lose a little better than have to experience a big loss in the future.
But the problem is we don't know how long Cryptocurrency will last tomorrow or it can last forever.
After tracking and analyzing many projects, I will choose the project that I feel is the best and develop a clear plan of my own. I will take profit as soon as I reach my plan. If I lose money I will not rush to sell, I will go to rest until the market returns.
In my opinion, the best time to trade in profits is when it's just up 4%. That is the average increase of each increase. That's a safe percentage for investors. You should not be too greedy and wait for it to rise more than 4%, you will suffer a loss.
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 best time to take profit in trading . when you have patience to wait the price dump and price pump and follow the rules for trading. 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 best time to take advantage of trading when the coin price rises, if the coin goes up we will definitely profit a lot when we have already bought the coins we bought in the trade market, it is not right to sell our coins now, because all coin prices are decreasing.
Never be greedy and always take profit whenever the price going up, avoid FOMO because there are always top price will be change to bearish. The price will be not all the times going up and hard to predict when the price reversal. We should be have target profit to avoid greedy and emotional.
Yeah I also never waited too long to take profit. when prices went up take advantage of that opportunity because you know the prices are very volatile and if you are greedy and wait too long. I'm afraid prices will drop then and make you lose because you waste opportunity to sell 
based on my experience, i will set the support and resistance area in chart. when the price has touch resistance area, i will take a profit or sometimes i will analysis again, are it will break out or pull back.
Yes that's right but the most difficult part is to find the right support and resistance area. If your analysis is not good and you choose wrong resistance or support area, you can end with big loss. Since i am not much experienced in trading, i mostly take help from the advice of experienced crypto related You tubers who give good advice based upon their experience and study.
Of course, the best time to earn profits at trading. Currently the price of currency is rising day by day. I think that the coins are very profitable and when they are reduce they are bought, In the meantime, when prices rise, there will be a lot of benefits in the sale. However, there is a need to keep an eye on the market at running trading.
Never be greedy and always take profit whenever the price going up, avoid FOMO because there are always top price will be change to bearish. The price will be not all the times going up and hard to predict when the price reversal. We should be have target profit to avoid greedy and emotional.
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