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Author Topic: small gains but cant make it big  (Read 16762 times)
Apened
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April 16, 2019, 03:00:54 PM
 #181

To the OP i suggest keep it up where you saw a pattern that can make you a winning trade. Because in trading you have to try and try until you find the right one that is working for your style a consistent one for your trades and if you encounter another problem think what's wrong amd try to correct it. You are in the right step man. I think soon you will become more efficient and successful trader.
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April 16, 2019, 03:02:19 PM
 #182

To the OP i suggest keep it up where you saw a pattern that can make you a winning trade. Because in trading you have to try and try until you find the right one that is working for your style a consistent one for your trades and if you encounter another problem think what's wrong amd try to correct it. You are in the right step man. I think soon you will become more efficient and successful trader.
Pattern trading is based on repeated actions of market participants and predicting the crowd's next move is not hard for a trader who has the capacity to understand the psychology of market participants.
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April 16, 2019, 04:16:26 PM
 #183

To the OP i suggest keep it up where you saw a pattern that can make you a winning trade. Because in trading you have to try and try until you find the right one that is working for your style a consistent one for your trades and if you encounter another problem think what's wrong amd try to correct it. You are in the right step man. I think soon you will become more efficient and successful trader.
Pattern trading is based on repeated actions of market participants and predicting the crowd's next move is not hard for a trader who has the capacity to understand the psychology of market participants.
But the market is not going to move on the same patter repeatedly so using this as your strategy can lead into losses.

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April 16, 2019, 04:41:11 PM
 #184

If your current trading pattern is working and you are able to double your profits in days as you have said then you should continue with that, after all it better you stick to what you know rather then jumping into a new system that is capable of taking you off your feet for some time. All you need to do is to increase tour trading capital in your current trading pattern and you can double your gains from there.
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April 16, 2019, 10:51:10 PM
 #185

I am always contented with small gains rather than wait for big gains. Imagine waiting for your investment to reach 23-30% and all of sudden the price dropped and took weeks or months to recover. I have been in this situation before and all I can do is sell below my Buying price just to recover through other investment.
I mean who would not want to cash out a 20% gains as soon as it touches? Expecting more with having a reason behind it would be dumb to speculate and watch on. If I was in that situation I and many others here would have also done the same. But then there will be some noobs who dont understand trading and would keep on watching with drooling mouth for even more gains only to watch it crash. Grin
Everyone started as a noobs and mistakes happen and that should teach noobs that trading ain't easy as picking apples. That is why there are forums like this where we can share our experience and share our mistakes so others won't fall for the same mistake. But I guess they have to learn from their own mistake too so that they will believe that what we are sharing here is true based on our experience.
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April 17, 2019, 02:03:57 AM
 #186

I am always contented with small gains rather than wait for big gains. Imagine waiting for your investment to reach 23-30% and all of sudden the price dropped and took weeks or months to recover. I have been in this situation before and all I can do is sell below my Buying price just to recover through other investment.
Of course it will be very disappointing, I agree with you, to sell when the opportunity is still there, but selling when the increase is still a few percent (small) is not a good idea, what if prices continue to rise by 50%, its possible. the important thing is to do an analysis first before selling.
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April 17, 2019, 03:30:51 AM
 #187

I am always contented with small gains rather than wait for big gains. Imagine waiting for your investment to reach 23-30% and all of sudden the price dropped and took weeks or months to recover. I have been in this situation before and all I can do is sell below my Buying price just to recover through other investment.
Of course it will be very disappointing, I agree with you, to sell when the opportunity is still there, but selling when the increase is still a few percent (small) is not a good idea, what if prices continue to rise by 50%, its possible. the important thing is to do an analysis first before selling.
Some of us were not the intent to hold longer and so seeing few bucks profits might give them satisfaction but we all not like that.
We have that different perceptions and trading strategies as well, taking advantage when the market is down will help us to be more profitable in the future if we buy more coins during that time.
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April 17, 2019, 04:22:41 AM
 #188

The main advantage in investing is the work of a complex interest, it can easily help to turn small goals into big ones, this requires patience, discipline, remove emotions and strictly follow the plan
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April 17, 2019, 04:55:04 AM
 #189

I am always contented with small gains rather than wait for big gains. Imagine waiting for your investment to reach 23-30% and all of sudden the price dropped and took weeks or months to recover. I have been in this situation before and all I can do is sell below my Buying price just to recover through other investment.

Agree with you, i hope you have very good experience towards trading because most of the people don't have any idea how cryptocurrency will work. So they will bother much about the long term instead of the short term because their aim is to make a huge amount of money in the long term.
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April 17, 2019, 06:25:26 AM
 #190

The come back for your investment is also for how much you invested here if you invest some more extra income you can get back it with extra benefit that is the simple theory will work here other ways hard work will not be important to make huge profit.

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April 18, 2019, 11:14:55 AM
 #191

Firstly I am sorry, I can't suggest you anything about that but I can share an opinion only for awareness. There work to gain 100 to 1000% investing shit coin but it's very very risky. No one can say which shit coin go like that. So If we invest in the shit coin it looks like walking under darkness which is not safe at all.

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April 18, 2019, 12:42:57 PM
 #192

You can make big profits if you manage to hold them for a certain period of time, even at the beginning of my trading i used to do the same thing failing to make big returns but instead of selling them for small returns i am waiting until the prices start increasing again in the market.
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April 18, 2019, 02:44:26 PM
 #193

<snip...>
Any advice on moving to the next level or what I need to look at in order to reach my goals

An accruement of small profit margins is better compared to losing cash. In all honesty, you should continue what you are doing since you do not lose cash in the process. If there were such a process wherein one receives a high-profit margin with relatively low risk, then everyone could be rich by now.
It is also noteworthy that you realized the pattern on your profits. Again, just continue what you are doing and always diversify your investments whether for short/long-term.

If your current trading pattern is working and you are able to double your profits in days as you have said then you should continue with that, after all it better you stick to what you know rather then jumping into a new system that is capable of taking you off your feet for some time. All you need to do is to increase tour trading capital in your current trading pattern and you can double your gains from there.

As long as he does not lose cash in the process, he should just continue what he's doing now. Small increments of profit is better than losing money. As long as he continues to earn then he should probably start building his empire by now.
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April 18, 2019, 03:00:16 PM
 #194

Firstly I am sorry, I can't suggest you anything about that but I can share an opinion only for awareness. There work to gain 100 to 1000% investing shit coin but it's very very risky. No one can say which shit coin go like that. So If we invest in the shit coin it looks like walking under darkness which is not safe at all.
But maybe I can give another suggestion to find out the profitable coins on the market. I am sure that there are more than 10 coins which could increase in anytime as we see that in every time bitcoin down or drop too deep, some of the altcoins can rise and reach the higher price. So if we can analyze the chance for every coin, then we can find at least 5 profitable coins, and it's not easy to find them.
The important things here only depend on the analysis process, and we need to know how to find the profitable coins so we could directly buy the coin when it's at the lower price.

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April 18, 2019, 04:03:57 PM
 #195

I am always contented with small gains rather than wait for big gains. Imagine waiting for your investment to reach 23-30% and all of sudden the price dropped and took weeks or months to recover. I have been in this situation before and all I can do is sell below my Buying price just to recover through other investment.
Generally it depends on each person. When it comes to crypto, all of us desire to get fruits but actually it's not easy for us to succeed in our plan at all. Honestly i don't have mindset of having a little or a big gains. Because like many people i put a purpose for gaining big income, but we all know this tough market is highly volatile, therefore i think it relies on our strategy: short-term or long-term investment. Then solving the current situation in the market to get rid of loss foremost.
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April 18, 2019, 11:23:54 PM
 #196

Move on to a coin that has larger volume, as you mentioned that you are into shitcoins. Upgrade somehow, you can still stay with those but if you want to make larger amount, choose a coin that's supported by the community and is impossible go on low with the volume.

I admire you Op for being able to do that. There are too many traders out there and even struggling to make a small gain but with yours, you're doing it correctly. I think that's all you need to upgrade because you are even more productive with smaller gains.

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April 18, 2019, 11:36:23 PM
 #197

Concern the OP question. You can make a good amount of profit through investment or trading in crypto currency but it require some certain knowledge in choosing the right coins or business and the knowledge of knowing when to enter or exit the market. But, you also need to know that making money in crypto business is a gradual process and someone who's impatience can't make the right profit.

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April 18, 2019, 11:42:24 PM
 #198

I am always contented with small gains rather than wait for big gains. Imagine waiting for your investment to reach 23-30% and all of sudden the price dropped and took weeks or months to recover. I have been in this situation before and all I can do is sell below my Buying price just to recover through other investment.
Traders will be like this, they set a proft and sold their coin when it hits the price. That’s good since you are doing your best to make profit and you always reinvest it and multiply that. Long term profit is not guaranteed that’s the risk of losing money as well. Small gains is also important, you can multiply it by reinvesting just keep on working hard and do have patience, that small will soon become big.

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April 21, 2019, 08:44:52 AM
 #199

The come back for your investment is also for how much you invested here if you invest some more extra income you can get back it with extra benefit that is the simple theory will work here other ways hard work will not be important to make huge profit.
Exactly it depends on the size of your investment as well as on the kind of crypto you have put in your money. Try to look for the long term trading and not the short term. The short term will give you short money as you cash out with every rise in the market value but the long term investment actually makes you able to take away the maximum profits upon the onset of Bull Run.
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April 21, 2019, 12:40:25 PM
 #200

Concern the OP question. You can make a good amount of profit through investment or trading in crypto currency but it require some certain knowledge in choosing the right coins or business and the knowledge of knowing when to enter or exit the market. But, you also need to know that making money in crypto business is a gradual process and someone who's impatience can't make the right profit.
Just think about those people who invested anyways in Bitcoin for no reason but just for fun a decade ago. They would have made big money. Hold is very instrumental in imparting value and weight to your portfolio. I think that that besides hodl, trading is another great way to make some handsome money but trading is again not easy and this is the reason why many people complain about getting failed in trading.
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