maydna
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November 26, 2019, 05:55:05 AM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
There is no sure way to trading because every trader will find their way, and that will be different from one trader than the other trader. We can suggest you do this and that, but in the end, you will need to find out by yourself so you will have your way to trading. And related to how long we hold one coin, that will depend on what the coin is and what price we already bought. Perhaps, we don't need too long to keep because after we buy that coin at a low price, the price is increased, and that makes us sell the coin to make the profit.
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maxreish
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November 26, 2019, 06:09:59 AM Last edit: November 27, 2019, 11:02:38 PM by maxreish |
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I never cancel my trades now. I always stick to my plan. How long do I hold it? Depends on my target profit. Yeah, the market is unpredictable but that is why I always use stop loss.
I always had a mistakes before that I am considering as a mirror for my today's trades. For my hastily entry, for my cancellations of my entry, etc. It is best if you trust your own TA than to be confused when you hear some fuds. Never get affected and never be a FOMO trader. It won't help you to your goal.
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Murat
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November 26, 2019, 06:23:56 AM |
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In recent time, the cryptocurrency platform is going on under volatility, nothing is under control even the price of Bitcoin is not a satisfactory rate, so trading in this days is not a good way make money, not only that but also trading is not a profitable stage when you see the transaction volume is not going well, so it's too tough to control your patience, basically we are making decision based on our emotion which is very harmful in this platform, if you have proper knowledge about trading then you may start it but you need to more patience on this regard but there is no sure way to trade here.
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Sadlife
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November 26, 2019, 06:27:14 AM |
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I've also suffer the same fate as you, where i've lost potential profit where i got scared and sell out the coins that i bought and later regret that decision after the price successfully pump. Right now my investment is stuck suffered so much loss then i decided to hold and wait until the price recovered hoping to regain some of my losses in trading. I decided to follow some famous traders in youtube so i can get some tips and tricks in them.
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rose9696
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November 26, 2019, 06:55:15 AM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
This problem is often encountered by new traders and I've encountered it many times. We fear that we will not be profitable if the market does not reach the point where we set the target so we will cancel the order soon. It is a mistake that the trade remedies must be disciplined. You must set a plan before trading and must do it regularly to get used to it.
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tonyvo2017
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November 26, 2019, 07:20:15 AM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
This is a common question in new traders and we can overcome it if you are committed to doing what I set out to do. 1) you need to deal with planning and be consistent with the thoughts you have thought. 2) determine the market movement in advance to assess the risk and then stoploss should be set low or not. 3) bear the risk to get great results, never be afraid of small market fluctuations. These are things that I learned from people who have earned more than $ 100k from trading in 2 years and he is right about the psychology of the crowd.
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crossabdd
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November 26, 2019, 08:04:48 AM |
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there is no sure way to start trading properly. especially with profits. Most beginners in trading are losing. and that is as experience to continue trading or stop. but from several people who are experts in trading. they say to focus on finding news and information about crypto. so that it produces a way: buy when you get a good news rumor, and sell when the news is released. and the result is profit.
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Lecam
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November 26, 2019, 08:50:06 AM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
In trading market you need more patience and you need to control yout self to cancel your sell order or your buy order. In trading you need to hold some and you need to sell some if you look that you have profit you can sell it and wait again for that coins to get down so that you can buy back again. Choose a coins that you can hold in long term and you can trade everyday.
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Cherylstar86
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November 26, 2019, 02:14:18 PM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
In trading market you need more patience and you need to control yout self to cancel your sell order or your buy order. In trading you need to hold some and you need to sell some if you look that you have profit you can sell it and wait again for that coins to get down so that you can buy back again. Choose a coins that you can hold in long term and you can trade everyday. Patience is the number one to be apply in which in trading process takes too much time and definitely to wait for a very long time. Also, having enough patience may lead to have a good profit though its very challenging to take a long time the emotions you felt but somehow we need to overcome it in order to have a good outcome in the end.
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nicolas1979
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November 26, 2019, 03:07:58 PM |
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For short - medium term period usually 2 - 3 days but for long term period max 1 month. Actually all depend your stop loss and take profit area, as long is realistic everything will be fine. Never change your setting even in a minutes reach your limit, keep execute. Most of us will think " hold " is for long term period strategy but is not but in this market situation I suggest you to leave and start again next year.
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JC btc
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November 26, 2019, 03:45:12 PM |
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Patience is the number one to be apply in which in trading process takes too much time and definitely to wait for a very long time. Also, having enough patience may lead to have a good profit though its very challenging to take a long time the emotions you felt but somehow we need to overcome it in order to have a good outcome in the end.
Even in real life, we all need patience as we cannot get the things we want instantly, so we need patience so that we can calm our mind and can have good way of thinking what are the next steps that we will do. So, trading is really good one, but before that we also need to ask our selves if we are ready to take risk and to sacrifice time, sleep just for us to study the market behavior especially if you are doing day trading.
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akmal1984
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November 26, 2019, 04:04:44 PM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
I experienced exactly what you've experienced all this time. Often I sell in positions with very little profit. It even tends after I sell a coin for example ETH or LTC, the price then tends to go up. I keep trying to ask my friends but they also mostly experience the same thing. Until I think whether there really are people who always benefit from crypto trading? or all of them also experience things that tend to fluctuate also when they trade.However, I will continue to try to understand it as long as I trade crypto
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CarnagexD
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November 26, 2019, 04:33:14 PM |
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It completely depends on the trader, really. Since I'm mostly a mid-long term trader, I've held on a couple of trades for like half a year in the past, with varying results.
Yes, as for me I don't usually depend it on how much time do I need to spent with my trades I typically base on the prices, If I think that the price is right just to make some gain then I would go for it. But my longest hold was about 10months or a year and I'm glad it was worth the wait. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully.
Hindsight is 20/20. While it's mostly not recommended to trade using your emotions(fomo, panic selling, etc). Sometimes, these types of trades actually ends you up in a better position. If you made a good trade, great! If you made a bad trade, suck it up and move on from it. Just do your best to earn it back, patiently. Not in a yolo trade that could potentially earn you back everything. Correct. Emotional capacity of a trader is a must possess trait, once you know how control your emotion on trading that will boost your confidence and will focus on crtitical matters. I also noticed on some traders nowadays is that they are easy to get in a trap, some are not open with technical analysis or even do not know how to read graphs and just focusing on the prices. I can't say that it is a good time to trade more often coz I earn quite much these past months but It's all up to you.
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AniviaBtc
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November 26, 2019, 04:46:55 PM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying. May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long. That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price. It depends on the factors that affects the trading transactions. For example, the time that you targeted to have for you to do trading. I usually use a week until someone buy. It also depends on the demand, the higher the demand, the higher chance for you to sell on a higher price. Keep your patience at yourself and hold just wait for the right moment. Holding also requires quality and secured investment.
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diazepam666
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November 26, 2019, 06:06:26 PM |
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Holding cryptocurrency on trading also you need to have mind set to hold the coins for long term. If there is growth for BTC obviously worth of BTC will increase and holders also will increase gradually on exchanges.
Mostly traders are wanted to exchange the coins all the time and make profit over the slight margin but for all the people it is not happening.
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Wysi
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November 26, 2019, 06:21:43 PM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying. May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long. That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price. It depends on the factors that affects the trading transactions. For example, the time that you targeted to have for you to do trading. I usually use a week until someone buy. It also depends on the demand, the higher the demand, the higher chance for you to sell on a higher price. Keep your patience at yourself and hold just wait for the right moment. Holding also requires quality and secured investment. Yes I will follow some of your techniques as I usually don't wait long because most of the time I gets tempted to do it within hours and sometimes end up losing and winning. But I hate those virus who do minor trading I mean multiple orders of small volume to break the momentum or create the momentum for their personal benefits.
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harizen
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November 26, 2019, 07:00:26 PM |
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i just curious to know if there is any sure way to this trading were by you hold on a trade.
Based on your statement, I see that you are now an experienced user in the world of trading here in the crypto world, therefore, at least you should know what's the answer for that. Or if you still consider yourself as a "newbie" then I suggest just continue your trading progress and soon you understand what's the best approach to any trends. Whether you decide to hold or not, follow those strategies that lead you into successful and good results. However, you can test the waters on other things that you think an effective way too just in case your current strategy seems not to work. Just remember that hodling can't be applied to all coins as they have different behaviours. That will be your assignment now, to study coin's behaviour and see if it's worth to put on hodl. We have different preferences and approach and listening to one of each might give confusion to you instead of reference.
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Shasha80
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November 26, 2019, 07:30:28 PM |
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In trading the main key to success is patience. So from that when trading sometimes I can hold coins in time relatively long, and that requires patience. So trading can not be known with certainty how long the holding coins. The answer depending on the strategy and coins we choose. My longest hold coins are when trading bitcoin, because bitcoin is on time I bought it at the price of $ 6000, it had dropped to the price of $ 4000. I hold for about 8 months the price finally went up to $ 10,000 and I could sell to get profit. If the fastest hold coins are only about a few hours, it can be sold to make a profit.
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Triffin
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November 26, 2019, 07:43:36 PM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying. May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long. That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price. It depends on the factors that affects the trading transactions. For example, the time that you targeted to have for you to do trading. I usually use a week until someone buy. It also depends on the demand, the higher the demand, the higher chance for you to sell on a higher price. Keep your patience at yourself and hold just wait for the right moment. Holding also requires quality and secured investment. Yes no doubt it’s all about the demand of the market. If we are able to get profit for holding it I will surely hold and will never think about selling it. The way we hold actually about market not in our hands. Market remain volatile so if it’s going to give me profit I will sell it but if I see that I should sell then I will trade it but will first look at the market conditions.
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adzino
Copper Member
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November 26, 2019, 07:47:57 PM |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
What do you mean by "hold" on a trade? Trading depends on lot of factors. Most traders trade for making quick profit within a short time. They they the advantage of the volatility to make some good profit. They sell as soon as they see they some margin of profit available. If you are talking about holding onto your investment, then it also varies from person to person. Some people might have short profit goal thus sells as soon as they reach their goal. Again, there are people with long term goal to make some slow but less risky profit!
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