danherbias07
Legendary
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Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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April 24, 2018, 04:40:41 PM |
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You should always set a number of what you will trade. That should not be forgotten. Manual trading is a hard task. There are times when you are doubting the market and suddenly buys or sells at the wrong time. It takes me so long before I could click that offer that I like. I see to it that I am making a right decision first. Somehow it works, waiting for the price to just move even a little will be a big change if you have loads of amount of tokens.
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bosimpson54
Member
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Activity: 271
Merit: 10
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April 24, 2018, 11:35:07 PM |
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What do you guys think is a good approach to avoid losses when you trade?
Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?
I am very surprised when you lose business, you can see that the market has been fluctuating in the past few days, the price of bitcoin and altcoin are constantly increasing. Now is the time for traders to get involved in the profitable market, now you have to analyze and plan a specific investment to be able to get back what was lost.
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Scallywag
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April 25, 2018, 02:09:34 AM |
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it all depends on the reason why the coin is down , if the whole market is down there is not much you can do. if it is for another reason , and i think it will go down more i just sell. sometimes you just have to take your losses.
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Xetonica
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April 25, 2018, 03:02:46 AM |
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To avoid more lossing your capital sell your coins atlease 30% gain or more but when it comes to investment i should make the background check first if that project or company are not scam to avoid lossing your capital.
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Tynovten_
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April 25, 2018, 03:16:07 AM |
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Avoid the loss on trading is a impossible thing but to minimization it, that's an important thing to do.
Thing that need to do id target for cutloss and target for benefit. Make it in fittingness value.
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Sinecoin
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April 25, 2018, 03:19:18 AM |
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What do you guys think is a good approach to avoid losses when you trade?
Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?
In my opinion, the most profitable way to trade is to buy the dips and sell the highs. Now the hard part is figuring out what is considered low and what is considered high but a good way of doing that is to look at the growth or drop in price over the last few months. If the market experienced a massive drop over the course of a few months then it would be good to buy and vice versa.
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n0ne
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April 25, 2018, 03:20:09 AM |
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Each and every user into trading experiences loss, but the loss can be overcome by the user, if he has got patience. Some users out of panic and frustration sell when the price falls and such cases losses were unavoidable. Very few loss due to their bad luck in trading.
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rose9696
Member
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Activity: 770
Merit: 10
https://streamies.io/
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April 25, 2018, 04:11:02 AM |
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Each and every user into trading experiences loss, but the loss can be overcome by the user, if he has got patience. Some users out of panic and frustration sell when the price falls and such cases losses were unavoidable. Very few loss due to their bad luck in trading.
right. Trade is a job that requires a lot of patience. But having patience is not enough, we need to have investment experience in this area. The best way is to learn daily. Highly motivated people are always successful in any job. Always learn daily and work hard to achieve success.
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SellBuyAcc
Newbie
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Activity: 61
Merit: 0
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April 25, 2018, 04:29:19 AM |
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In trading you cannot avoid the losses in trading because it is totally the part of trading its is part of the experience pf trading at all so it is okay.
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zanezane
Full Member
Offline
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
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April 25, 2018, 05:04:44 AM |
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What do you guys think is a good approach to avoid losses when you trade?
Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?
In my opinion, the most profitable way to trade is to buy the dips and sell the highs. Now the hard part is figuring out what is considered low and what is considered high but a good way of doing that is to look at the growth or drop in price over the last few months. If the market experienced a massive drop over the course of a few months then it would be good to buy and vice versa. Indeed and if you see that you already profited then sell it and when you see that you're losing don't think to cut lose and just hold it, and in this way you can at least lessen your losses. Trading and losses are always meeting up half way and it's up to you how you avoid losses and lastly, don't be too greedy because sometimes being greedy can lead to losses.
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herurist
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April 25, 2018, 05:31:02 AM |
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What do you guys think is a good approach to avoid losses when you trade?
Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?
I believe you think about stop loss, one of the best tools to minimize loss and protect your quantity asset. Avoid loss is hard but we only can minimize it, like or not you'll face it. Make plan, calculate your money management and keep disciplines with your own rules strategy, it will safe you from loss. Good luck to you.
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