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Author Topic: BUY high sell low ?  (Read 22220 times)
ItchyIrish
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June 22, 2017, 03:25:07 PM
 #1

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform
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June 22, 2017, 04:00:05 PM
 #2

how to control this ?
it is simple, stop doing random stuff and call it trading!

people usually just buy things they think are good or worse things that some random dude told them are good, not because they analyzed them and came to the conclusion that it is a good idea to invest. so it becomes a gamble at some point. and as long as it is a gamble, you can't know which way it will go.

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June 22, 2017, 04:04:36 PM
 #3

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

Indeed. "Buy low, sell high" sounds very simple doesn't it? But I think most traders actually do the opposite. They often buy in when the crypto is on the rise, and sell in on the way down.

How do you control this? Plan your trades. Decide on and set a certain price where you're planning on buying. Don't let your emotions take control of you.

Also, be active on bitcoin news. There are tons of websites that can provide that. Google is your friend.  Wink

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June 22, 2017, 04:23:12 PM
 #4

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I bet for a buy low sell high. Other users of bitcoin are waiting to fell down its price. The want to buy bitcoin when its value gets low. Maybe they choose it because someday the price of bitcoin will increase again. If I bought bitcoin, I will choose to save it to my web wallet because I know that the bitcoin price was fluctuating. Now that the bitcoin has a high value, what do you think? Do you still buy at a low price? Or would be sold at a high price. Just think about it.

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June 22, 2017, 06:11:00 PM
 #5

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform
I am sure no trader will be intentionally doing buying high and selling low. But we can believe almost all the traders will be facing the situation of getting forced to sell low even they have bought at higher prices.

In any highly fluctuating markets, people might be facing this kind of problems time to time. Sometimes traders will be choosing the option of waiting for some period and some other times they will decide to book losses at current prices.


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June 22, 2017, 06:20:01 PM
 #6

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I don't think it is any wrong if done by what so called "noobs".
That is the reason why they called noobs. It is a process how you become expert. If you made mistake today, bought high and sold less. This will teach you two things for tomorrow. One is make worthy choice with full inspection and other is be patient with your choice. Thus gradually you could come up as mature trader.
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June 22, 2017, 06:26:11 PM
 #7

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I don't think it is any wrong if done by what so called "noobs".
That is the reason why they called noobs. It is a process how you become expert. If you made mistake today, bought high and sold less. This will teach you two things for tomorrow. One is make worthy choice with full inspection and other is be patient with your choice. Thus gradually you could come up as mature trader.

Ok given. But there traders who are in the profession for almost long period of time but still taking the same mistake.

I know mistake is common in trading and even a professional one commits this but how come others got always rekt with a simple FUD more especially in bitcoin trading. I understand if they will always have a regular mistake by doing altcoin trades but for bitcoin which is now proven that can bounce back after a fall, it's not reasonable and somehow their winning stats are better compare to losing.

It's non sense to build trading experience if on the long run no lesson are being learned.
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June 22, 2017, 06:59:05 PM
 #8

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I don't think it is any wrong if done by what so called "noobs".
That is the reason why they called noobs. It is a process how you become expert. If you made mistake today, bought high and sold less. This will teach you two things for tomorrow. One is make worthy choice with full inspection and other is be patient with your choice. Thus gradually you could come up as mature trader.

Ok given. But there traders who are in the profession for almost long period of time but still taking the same mistake.

I know mistake is common in trading and even a professional one commits this but how come others got always rekt with a simple FUD more especially in bitcoin trading. I understand if they will always have a regular mistake by doing altcoin trades but for bitcoin which is now proven that can bounce back after a fall, it's not reasonable and somehow their winning stats are better compare to losing.

It's non sense to build trading experience if on the long run no lesson are being learned.

Those being affected or targeted by FUD's are those "newbies". We somewhat pitied them seeing buying at a high price then seeing a panic sell, immediately push the sell button. Their notion that, we might as well sell today and at least lose small. But fi they would just used their better judgement and not carried away by those spreading lies and rumors then I think they can gain profit and not lose. It's really hard lesson for everyone specially when you are still a beginner in bitcoin trading.

I bet almost everyone has experienced this before, but as you developed and become "professional" you will not be simply over excited and take things too far but used rational and good judgement.

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June 22, 2017, 08:34:50 PM
 #9

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I don't think it is any wrong if done by what so called "noobs".
That is the reason why they called noobs. It is a process how you become expert. If you made mistake today, bought high and sold less. This will teach you two things for tomorrow. One is make worthy choice with full inspection and other is be patient with your choice. Thus gradually you could come up as mature trader.
I think there is no future buying system in bitcoin that we normally do in stock markets. I think every person want to buy bitcoin in reasonable price and can make some profit but in fact no one know about the future and some time after buying bitcoin the price of bitcoin fell down and to protect ourselves from more lost we compromise on the little lost and sell the bitcoin at low price. I think we need to invest money for long term because there are more chance in long term to make money.
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June 23, 2017, 02:19:36 AM
 #10

Always what happens with people and it really can't be stopped, people are scared of taking losses and they're going to try to get out and not lose too much. Some people don't have the patience and the skill to be a trader is something that is kind of built inside someone, at least that's what I personally think about it and trading. I'll come outright and say it, I'm kinda freaked when it comes to trading and I do the whole buy high and sell low cause I get scared and don't work with losing money too well.

You have to be built a certain way to lose 50% of what you put in and then wait for it to come back up, these are the real people who maximize their money.

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June 23, 2017, 03:51:07 AM
 #11

can't understand anyone would buy high sell low.

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June 23, 2017, 04:35:38 AM
 #12

can't understand anyone would buy high sell low.

they don't do it on purpose!
most people are new to this, so for example they see a lot of talk about a particular altcoin all over the internet with empty promises of moon and a bright future. then they look at its price and see it has been rising very well, it is 2x-3x higher than before. so they buy now without realizing they are too late and are buying into a bubble. then wait for their 2x-3x rise but see only drop -10%, -20% and so on so they sell at some point at a loss.

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June 23, 2017, 05:29:05 AM
 #13

With buying low and selling high you can increase ROI. But never use leverage for volatile markets.

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ASHLIUSZ
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June 23, 2017, 05:48:05 AM
 #14

can't understand anyone would buy high sell low.
This happens very rarely when people miss the chance of buying low and end up buying at higher price. And out of patience thinking to overcome the loss used to sell low with minimal loss. If they'd have hold in the wallet could have gained at least a small profit.

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madwica
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June 23, 2017, 05:57:24 AM
 #15

can't understand anyone would buy high sell low.
This happens very rarely when people miss the chance of buying low and end up buying at higher price. And out of patience thinking to overcome the loss used to sell low with minimal loss. If they'd have hold in the wallet could have gained at least a small profit.
I think they are not a real trader they only trying to do trade but worst scenario they only get lost their bitcoin, real traders even they buying at high price they do not do panic selling even bitcoin having a big dump because they know that after the dump there is a big pump of value.

We do not control those users because we do not control their emotions, we do not know who they are but i think much better to mind your self because you can not do anything.
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June 23, 2017, 06:14:15 AM
 #16

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform
This is the reality for most of the new traders because they are in the early stage and they had never face any such types of problems of money at risk , so they don't want more and more risk , so to save rest of money they sell at low .
Actually most of the newbie enter in the trading without studying it . So first of all I will suggest to everyone who want to start the trading job then they should get better study about this .
And also they should learn than never get into greediness of increasing price because buying at high price is risk in trading , so when the price get crash then buy and when it get high then sell at a sufficient price ( If you like ) .


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June 23, 2017, 06:29:11 AM
 #17

They need many techniques for them to earn a lot and also they need a patience to hold their token and sell it if the price is goes up. They need to study the all information in the trading.


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June 23, 2017, 06:41:30 AM
 #18

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform
How to stop it? Then you should stop and realize what are the main things should be done and properly set-up before you jump into trading again. The concept of buy low sell high would always be hard if you dont know what you are doing and you can identify on when are the right times on executing orders either on sell or buy. Emotions does really affect specially on noobs thats why we should really make a learning on that one.


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June 23, 2017, 07:57:02 AM
 #19

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform
" put order buy or sell and close the exchangers platform" I think is one of the greatest to deal with that monster called "emotions" during trade. The principle of buying low and sell  high is an old principle that Chinese traders used in trading stock, option, commodity and forex.
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June 23, 2017, 08:49:09 AM
 #20

A lot of people especially the aspiring traders think that trading is as simple as buying low and selling high. Yes, there are times when things can be so simple and you can make some money out of it. But there are those times when you think you buy when the coin is already low and yet it continued to lose some steam and is already down the hill and to control the lose one has to forced selling them at a lose...when it is still low.

One advise I have heard is that never at all sell when it is low or when you are still at the losing side and when the coin keeps on sliding buy some more so that your buying price average can somehow go down. However, this is only good when you think that the asset has some fundamental value and that overtime it can still recover and not just another dead coin.

Anyway, I am sure that as we do trade we can learn many lessons along the way that can help us somehow to be better traders in the future. Sometimes I realize that we really need a good trading mentor that can guide us from the pitfalls and bumps along the way.
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