Tips for when Getting Stuck

[gantez]

When you can't find the trades for your profit level then you should lover your price

Lowering of price sometimes can actually make you feel bad when you see your adjusted price blowing up or requested for almost immediately 

I don't like to have such feeling, I rather close it up for a fresh order.

[BeGoods]

I experienced that often when I'm still a beginner in trading and I sold several of the stucked coins before their value go down significantly. I only hold a coin if there is an upcoming event like hardfork, main nets and other positive developments because their prices will certainly go up. Before buying a coin, I often make a research first to find any significant event in the future that can possibly push its price up to avoid being stucked in trading.

But do you keep holding while waiting for such type of events you mentioned in your comment and it never comes, I don’t think it best to keep holding for short traders.

No matter how bad it is, there must be a fluctuation in price a day for that particular day, holding and waiting for such events is good for a long term investors and not day trader and I think the author of this post is a day trader because the post doesn’t portray him as an investor. I day trade a lot and once I see that a price gets stuck too long, I sell and start again.

Traders must know what to do in trading when they get stuck. ANd each trader have their own way to get out from that. Maybe if that man is skilled enough he will think like you but if new trader, especially who don't know about it, they only can hold it.

You should to have an exit plan for that, you can't wait for a period of time that can't be known to holding it right?
You are a trader and you have to take risks to do cutlose, that's what you have to do when you're stuck in certain market conditions..

[kennen1113]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

If the loss price isn't that much then pull out your money and change to another coin. At least you get to take out your money even though it has some missing money to it at least it didn't go all out i meant you didn't lose it all. The chance of getting a 1% win is high. If that coin is reliable enough don't take you money out instead hold it as much as you possibly can.

Instead of starting a certain action or certain decision for our investment immediately, we need to slow down, using a little time to review and analyze what we are facing, time and calmness will allow us to recognize the best options. And then, as you say, if we don't have too much loss, think about stopping and switching to other investments, limiting bigger losses, but if it's a big loss, we need to calculate the recovery or accept a big loss depending on our analysis.

[coinplus]

Not getting stuck will be depending on level of your trading ability. If you are a good trader than you can sell and than rebuy and do many trades in between that will make you profit in the end which is what you should do, however if you are a bad trader than you will buy from high and than sell from low and as soon as you sell it could go up and than you just lost too much money.

So, if you think the coin is not going up anymore and will not go up anymore than selling is a good decision but if you think its not going to go up anymore and it does that means you are not the type of person that should do trades in between. Just hold and wait until the price reaches to a point where it is profitable for you again in that case. I am for example not a great trader so I just buy some more to drop the averages and wait until I have a profitable position.

[rose9696]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

1 percent? Are you kidding me? You are wasting your gray matter and effort. Never invest with such a small interest rate. It only makes you become more tired and stressed. instead of blindly investing, you should observe the market more to find altcoin that can help you get 10% of the profits.

[Ararbermas]

Getting stuck isn't not a problem mate because indeed there's always a way to exit without any loss ,such holding and waiting for the right time until you achieve your target. Patience only is a must! Because that is the only choice rather than selling which a big mistake because it's just a temporary situation and not a big deal! yes everything here is temporary so take a break as long as you can to avoid being greedy and hasty because it will be fine soon just relax and keep believing.

[Malsetid]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

1 percent? Are you kidding me? You are wasting your gray matter and effort. Never invest with such a small interest rate. It only makes you become more tired and stressed. instead of blindly investing, you should observe the market more to find altcoin that can help you get 10% of the profits.

Lol. Ever heard of stoploss? Kidding aside bro, if you're going to go for small profits on daily trades, stoploss is one of the most important features that you have to use. And your target of 1 percent is i think a little too conservative. Since it's already there, might as well wait for it to recover since we're not in the bear market anymore. And then learn from your mistake 😁

[Rufsilf]

Getting stuck isn't not a problem mate because indeed there's always a way to exit without any loss ,such holding and waiting for the right time until you achieve your target. Patience only is a must! Because that is the only choice rather than selling which a big mistake because it's just a temporary situation and not a big deal! yes everything here is temporary so take a break as long as you can to avoid being greedy and hasty because it will be fine soon just relax and keep believing.

Its a big challenge for us if when we are in critical stage but we don't know what we have to do. Some of us might be committing into suicidal by selling their coins in a low without realizing that they are losing from that. Cause they just in their mind that this is the only way we could save my money rather than of losing all of them, which is they have that point also and we can't blame them either.

[armarsterling7]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

did you analyze it before? Or did you listen to other investors?
If you listen to other investors and invest in them, you will surely fail in this deal. Please withdraw your capital and create your own strategy. At that time, you will be very confident and will not be as worried as it is now. trust me.

[upsidedown75]

When you can't find the trades for your profit level then you should lover your price

Lowering of price sometimes can actually make you feel bad when you see your adjusted price blowing up or requested for almost immediately 

I don't like to have such feeling, I rather close it up for a fresh order.

You are right, since the OP is a day trader, it would be best to close up the trade and avoid unnecessary uncertainties since the percentage decrease is still quite low, I usually advise long-term trader to just hold since they have nothing to lose but not for day traders, especially the ones trading with margin.

It is also best to always study the technical analysis first before placing an order, while the use of stop loss shouldn’t be far from one’s trade, doing this is quite tensed and stressful, especially when you are trading in a market that cannot be fully predicted, that is why I font blame people that employs the service of a bot to ease them of all these tensions.

[hyunee]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

I think that you just risked yourself out of that trade. I mean, for just 1% profit you trade how much? If that's big I think you shouldn't have done that trade at the first place.

[playboy654]

In this situation we need to be very careful to handle because there will be lots of options are available to get our next move at that time for this situation we need to be more intelligence without any disturbance in our mind then only you can make your next move with the proper things for your future.

[Supercrypt]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

1 percent? Are you kidding me? You are wasting your gray matter and effort. Never invest with such a small interest rate. It only makes you become more tired and stressed. instead of blindly investing, you should observe the market more to find altcoin that can help you get 10% of the profits.

It is better he stays on 1 percent if that will guarantee his winning than to trade 10% and lose completely, setting these low percentage for both stop loss and take profit is actually not a bad idea for a newbie, I percent can also be best when we are experiencing a fat fluctuation of price.

Do you know how many time price fluctuates to 1 percent in a day before reversing, if he sets his trade on 10%, what if the market never touches that 10%, it means he has wasted his time and effort for that day but 1% increase is very sure and could scalp several times a day to meet that 10% target rather than waiting for a single trade to bring it.

[sujonali1819]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

did you analyze it before? Or did you listen to other investors?
If you listen to other investors and invest in them, you will surely fail in this deal. Please withdraw your capital and create your own strategy. At that time, you will be very confident and will not be as worried as it is now. trust me.

I am agreed with you that if anybody invest with another person's strategy, really the confidence remain very low in the trade. Always feels hesitation. But if I invest with my own strategy then the confidence become Strong. I ownself is the example of that.

[milewilda]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

1 percent? Are you kidding me? You are wasting your gray matter and effort. Never invest with such a small interest rate. It only makes you become more tired and stressed. instead of blindly investing, you should observe the market more to find altcoin that can help you get 10% of the profits.

It is better he stays on 1 percent if that will guarantee his winning than to trade 10% and lose completely, setting these low percentage for both stop loss and take profit is actually not a bad idea for a newbie, I percent can also be best when we are experiencing a fat fluctuation of price.

Do you know how many time price fluctuates to 1 percent in a day before reversing, if he sets his trade on 10%, what if the market never touches that 10%, it means he has wasted his time and effort for that day but 1% increase is very sure and could scalp several times a day to meet that 10% target rather than waiting for a single trade to bring it.

Depending if you are a swing or active trader.10% for long duration and 1% for shorter ones but these percentages would depend if you do set stop losses or just left it open.
Tendency of hanging would be always there thats why it would be ideal if you dont set out stop losses if you do go for long. 1% volatility is very easy to hit up and even earning profits.
10% on a single day is plausible with compounding with those 1% adding up.

[Thanasis]

IMO,you just have to wait when the prices of your coin decreases than your desired target price,lowering the price is just going to make you in loss.You can lower your price if you want to use the lower volatility of the coin you are trading.I think 1% profits will be reached in less than a day even if the prices decreases so you just have to wait and sell at the desired price which patience is enough if you want to trade for too long.

[beerlover]

if anybody invest with another person's strategy, really the confidence remain very low in the trade. Always feels hesitation. But if I invest with my own strategy then the confidence become Strong. I ownself is the example of that.

That is true, we need to also keep in mind that we will be held responsible for every mistake and every achievement, if we follow other people’s opinion and it backfires for us, we cannot hold them responsible, we can only hold ourselves responsible and since the blame will still be on us, why can’t we just take the chances and follow our own strategy, but before we can rely on any strategy that comes through us, we must have ensure that we have full knowledge of the trading system so that we don’t end up guessing or gambling with our trade.

We need to go for the complete knowledge personally and attach our own strategy to out trades and which I believe individual strategy works better.

[GregH37]

If you have waited for a long time and the order haven't been filled, then check the market to see the direction the coin is heading too, if it's going down, then it's best to cancel the order at once so that you don't end up losing a lot of funds to something you can avoid by your own self.

I don't think anyone need to give you any tip before knowing what to do when your order isn't filled, unless you are new into trading and never consulted anyone before going into it, which would be the worst decision to ever make.

[whirlcoin]

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...

It's still just sitting there and it is way below my target price.  DO you just sell that thing and start over?

DO you hold on and just... wait???

my simple opinion is waiting for the good chance to get out from the stack is always better because if you try to get out from this will not be possible in all the time so using the right opportunity will give you the success all time.

[kurian]

Most probably I would stay until my trade gets cleared. But, it will depend on the project. If I have confidence in where I invest my money, it will come to the desired exit point one day or other. Be sure to invest your expendable money in trading that's how you could avoid selling in loss too early.