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Author Topic: The Best Time To Exit Trading  (Read 24641 times)
Tory-Tory
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June 03, 2018, 01:43:05 PM
 #421

I want to add that using stop loss greatly increases your chances of preserving capital. I don't understand why most people don't use stop loss? This is obviously useful.

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June 04, 2018, 11:24:46 AM
 #422

I want to add that using stop loss greatly increases your chances of preserving capital. I don't understand why most people don't use stop loss? This is obviously useful.
This would be good for sure but some of people use to lose some money because of it, I am sure price of bitcoin never fall for long time so the best thing can be use to prevent lose is your own determination and your patience to hold your investment and trading for long term so as if you will have patience you will never lose and it is not good exit trading as you can take a break but don’t exit crypto currency ever.
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June 05, 2018, 09:00:38 PM
 #423

Some people will get out in the trade if they get a big profit and it's up to you if you do it too. Every one of us has a price target when it comes to our investment or in trade. I think do not follow the crowd do because there is a chance that you can lose your profits in your own way and focus on what is being done
The best time to exist trading depends upon your desire for the trading; if your desire id still alive then do not stop and keep the work continue. On the other hand if you are satisfied and now do not want to do more then simply stop buying coins and do not trade with them, sell your last coins which will be your exiting stage. Trading has importance and especially the crypto trading that will lead you towards success.
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June 05, 2018, 09:14:09 PM
 #424

I want to add that using stop loss greatly increases your chances of preserving capital. I don't understand why most people don't use stop loss? This is obviously useful.
Traders usually do this because they set their cut loss period but mostly hodlers don’t mind if they loss much since their goal is to hold for at least years. This is one way to exit trading because not all your trades will become successful expect more losses especially when the market is dumping.
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June 05, 2018, 10:53:05 PM
 #425

Well, thank you very much for that enlightenment. What you said is true, in that the media is a tool that can both make and unmake. That's the source of information for many people and so they go by whatever thing the media says and follow their recommendations as well
We have to deepen our research because not all we read in news are true.
Sometimes that would cause FUD and people will start selling at a lose while the whales huge buy orders are just waiting to be filled.
In that way, it would be easy for the whales to make money because of the weak holders.
Always read the news and sell at a reasonable price on the market, so you will exit the deal, do not expect the price to rise in the future, it is wrong many people often do, please. Sell them at reasonable prices and make a profit, the market is always volatile, you will probably be difficult to exit the trade if you expect high prices.

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June 05, 2018, 11:19:43 PM
 #426

If the price is not rising at the end of the month, you should sell it and wait for the price to go down to buy it and then hold it until the end. I think in June this will be the time when the market price to peak.
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June 05, 2018, 11:53:32 PM
 #427

Well, thank you very much for that enlightenment. What you said is true, in that the media is a tool that can both make and unmake. That's the source of information for many people and so they go by whatever thing the media says and follow their recommendations as well
We have to deepen our research because not all we read in news are true.
Sometimes that would cause FUD and people will start selling at a lose while the whales huge buy orders are just waiting to be filled.
In that way, it would be easy for the whales to make money because of the weak holders.
Always read the news and sell at a reasonable price on the market, so you will exit the deal, do not expect the price to rise in the future, it is wrong many people often do, please. Sell them at reasonable prices and make a profit, the market is always volatile, you will probably be difficult to exit the trade if you expect high prices.
Greed will exacerbate the trade, 20% profit is enough and it's time to stop and be grateful with the trade.
many greedy people impose a will and take great risks.
you will lose your money.

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thundercrystal
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June 05, 2018, 11:54:43 PM
 #428

This is one of hardest decision when to exit. But greediness will kill you so if you should always put a goal and be joyful on profits you have gain.
There is no doubt that the best time to exit in trading is when we are really became successful, and off course it is okay to quit or to exit in trading when we earned a big amount of money here in crypto and when we lose a huge money in trading i think we need to quit doing it.

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June 06, 2018, 04:06:58 AM
 #429

If the price is not rising at the end of the month, you should sell it and wait for the price to go down to buy it and then hold it until the end. I think in June this will be the time when the market price to peak.
Well, at the end of June this market will peak, which is a good time to sell them, but overall the market at this time not as high as last year, perhaps the market tends to go down more increase. Keeping them should not expect too high on them, you may be sinking deep into the transaction that can not escape.
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June 06, 2018, 06:08:22 AM
 #430

I think if you set a proper plan then could never face any type of disaster, at first, you have make tour mind what amount do you actually deserve or want. Then if you get your desirable amount then you have to leave imidiatley. Dont be greedy.
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June 06, 2018, 09:45:50 AM
 #431

Best time to sell your coin in my opinion
- After News FOMO
- Before downtrend
- Out of safe prices (technical analysis)
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June 06, 2018, 11:35:29 AM
 #432

Well, thank you very much for that enlightenment. What you said is true, in that the media is a tool that can both make and unmake. That's the source of information for many people and so they go by whatever thing the media says and follow their recommendations as well
We have to deepen our research because not all we read in news are true.
Sometimes that would cause FUD and people will start selling at a lose while the whales huge buy orders are just waiting to be filled.
In that way, it would be easy for the whales to make money because of the weak holders.
Always read the news and sell at a reasonable price on the market, so you will exit the deal, do not expect the price to rise in the future, it is wrong many people often do, please. Sell them at reasonable prices and make a profit, the market is always volatile, you will probably be difficult to exit the trade if you expect high prices.
Trading isn’t compulsory item or one alone source of income on this planet earth. Whenever you are coming off from some business or source of income, you must research about them earlier. This is quite better for you in producing better results at the end of day. And whenever it seems to you that okay now I am not making any progress even after so many attempts, leave that as soon as possible.
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June 06, 2018, 09:45:43 PM
 #433

Exit trading when you are not sure you know what you are trading!  If you can not predict you outcome of your trading to a large extent that you will make profit,  then quit!  And do your homework to maintain your wining  streak!

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June 07, 2018, 05:33:14 PM
 #434

Exit trading when you are not sure you know what you are trading!  If you can not predict you outcome of your trading to a large extent that you will make profit,  then quit!  And do your homework to maintain your wining  streak!

Then we should all quit.  Grin
You win some you lose some, that's the game.
Just be sure to win more than you lose.  Grin
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June 08, 2018, 04:13:53 PM
 #435

Actually, in trading, the most important thing is to sell the asset in time. Each trader has his own trading system. Someone is based on classical prediction - Elliot waves, someone on the mathematical model - nonlinear fractal analysis, but there are those who trade on the indicators. Personally, I buy and sell according to indicators. They sometimes wander, but most often they help to save profits and capital.
Also I always use stop loses. They allow me to avoid big losses.
When it comes to trading timing is everything, if you bought bitcoin at January of 2017 and sold at December 2017 you made a fortune but if you bought at December of 2017 and sold at January or February of 2018 you lost a fortune, a small difference in your timing will change everything to me this is the main reason why I prefer to hold for the long term.
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June 08, 2018, 04:39:00 PM
 #436

The best time to get rid of a transaction depends on your decision. If you buy bitcoin for $ 10000. And when the bitcoin increases to $ 15,000 then you can sell all the bitcoins you have bought before. No one can know which time is best. So the money in your hands, you will have to decide the time to exit the transaction
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June 08, 2018, 04:55:18 PM
 #437

Best time to exit trading is to just be ahead, like way ahead when you can just live off the interest of all amount of money you were able to profit from your trading. It would be super hard to do, but that's the amount you should aim for. If you haven't reached that amount then you really have to work hard to be able to trade here. That's the best thing to do.
Just make sure that you are doing exit because you are tired and you don't want to make trading at all, don't exit when you have seen that your investment is losing or else you will lose all of it, make it breakeven or better at a green time before making a decision to exit.
Whenever there is bad news going on then it is sure that bitcoin or any cryptocurrency about which the bad news getting spread will go down in the near future. So it's better to leave that trade immediately. But I think that's not the case always because leaving such trade at position where you have not gotten any profits would be unrealistic to follow. That would be pain in the ass. Many times it happen that such trades do fall down but in very short period of time they get up and they go beyond expectations.
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June 08, 2018, 06:04:04 PM
 #438

The best time to get rid of a transaction depends on your decision. If you buy bitcoin for $ 10000. And when the bitcoin increases to $ 15,000 then you can sell all the bitcoins you have bought before. No one can know which time is best. So the money in your hands, you will have to decide the time to exit the transaction

One thing that we should consider is our time and willingness, if we are already doing trading and we think that we are not fit to it due to conflict in time and we cannot really do it and it is not our passion then we need to decide since our time is wasting.
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June 08, 2018, 09:56:02 PM
 #439

The best time to get rid of a transaction depends on your decision. If you buy bitcoin for $ 10000. And when the bitcoin increases to $ 15,000 then you can sell all the bitcoins you have bought before. No one can know which time is best. So the money in your hands, you will have to decide the time to exit the transaction

One thing that we should consider is our time and willingness, if we are already doing trading and we think that we are not fit to it due to conflict in time and we cannot really do it and it is not our passion then we need to decide since our time is wasting.

Yeah, you're right. If you don't have the time and will to do the trading then either quit or buy some coin and hodl.
You don't need much time for hodling.
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June 08, 2018, 10:21:36 PM
 #440

the exact time that we can determine from ourselves. because the mood to be able to trade there or be in ourselves. so I think the most important thing is we can see our taste to be able to trade
The best time to exit trading is when we are earned atleast  $100k, and i believe that when we are now able to build a new house or we are now able to buy a new car because in trading i am sure that is the best time to exit in trading world.

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