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Title: Strategy for taking profits during pump (palmbeach confidential) Post by: kriptokrayt on November 19, 2017, 06:17:48 AM Greetings all
I have never been "part of a pump" before but will participate in this coming Monday's PalmBeach newletter once they reveal the coin And after doing some research on the previous pumps it seems like the proper time to take profits is around 90-120% So in order to play it safe is there a reccomended formula people have found works best? Like take 1/3 of profits at 90% then 1/3 at 110% and then the last 1/3 at some point above those two previous points? all feedback is appreciated and welcome Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: PrisonerOfLies on November 19, 2017, 06:19:27 AM If I have figured out a strategy, I would not be sharing it :P
Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: tdeannova on November 19, 2017, 07:29:47 AM Greetings all I have never been "part of a pump" before but will participate in this coming Monday's PalmBeach newletter once they reveal the coin And after doing some research on the previous pumps it seems like the proper time to take profits is around 90-120% So in order to play it safe is there a reccomended formula people have found works best? Like take 1/3 of profits at 90% then 1/3 at 110% and then the last 1/3 at some point above those two previous points? all feedback is appreciated and welcome yes.. that's the right thing and often I do when trading. if I trade do not sell all in one price, but the same as you say. 1/3 50%, 1/3 75%, 1/3 100% or 1/2 75%, 1/2 100%, 1/2 125%, 1/2 150%. all this depends on our trading analysis and always different each trading session. Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: iffeanyii on November 19, 2017, 07:33:21 AM loool, i will be a weak hand and take profit @50 % ;D ;D ;D ;D ;D ;D ;D ;D ;D
Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: silentdth on November 19, 2017, 11:41:42 AM no strategy at all, man. Just follow the whale, that's my tactics
Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: traderethereum on November 19, 2017, 11:47:12 AM loool, i will be a weak hand and take profit @50 % ;D ;D ;D ;D ;D ;D ;D ;D ;D you are right, we need to determine how much percentage we want to take from once coin and how much we trade that coin in a day so we can avoid for being greedy. if the coin can reach until 50% from the price before then we can take profit by selling the coins and i am sure that the coin will be make correction like what bitcoin did. Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: JimmyGTO on November 21, 2017, 07:45:24 PM I read that coin is Dash for November, cant remember where I read that though.
Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: alihassan99 on November 22, 2017, 07:11:24 AM yeah your strategy is good.. i myself sold 1/3 at 50% up and others on further pump.. i even bought coins during pump and sell them at good profit even after 10 min because when the pump start sometime you can get a handsome profit even after 10 mins.. best of luck ;)
Title: Re: Strategy for taking profits during pump (palmbeach confidential) Post by: joniboini on November 22, 2017, 08:39:17 AM yeah your strategy is good.. i myself sold 1/3 at 50% up and others on further pump.. i even bought coins during pump and sell them at good profit even after 10 min because when the pump start sometime you can get a handsome profit even after 10 mins.. best of luck ;) how can you buy and sell it at the right time? i always lose at pump because so many people are faster than me lol. guess i need to learn more then. |