How long do you hold on a trade.

[mrdeposit]

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.

If you want to be busy with any business, you must learn it deeply. Trading may be easier according to your knowledge. Indeed there are other easy ways like staking, apart from trade, but the earnings are little. So it is necessary to invest great money since the earnings interest is little. Besides, this amount will remain in the volatile market and if prices are dumped, the value of your investment will decrease. The best way is to improve yourself in trade.

[Genemind]

We can't apply and follow the same strategy all the time because the market isn't consistent and is always changing. As for me, observing the movement of the market and dealing with it without panicking or doubting is the best thing that we can do to earn a good profit through holding and trading in time. We should set a target goal and have patience until we reach it to have a good gain.

[johnwest]

Being a long time holder, I dont get into short pumps mainly because I dont have the time to keep track of the market and buyback when it gets dumped or guess the market trend. I suggested lots of my friends to hold for a longer time so that they too can have a good profit.

[vintages]

As I long time hodler, I hold and sell when I feel the price is  way much better than I bought it. Though, I don't sell too often or sell when I am in deep need of funds. If I do that, I will lose or gain below what I expect to gain.
Another thing I do is to not to sell all my coins when I am ready to sell, reason is because buying back all of them is always too hard cause it will be difficult for me to buy back with huge funds. Sell in bits and and buy in bits.

[AakZaki]

because all of what we trade, it always changes so there is no certainty when to buy and when to sell. but certainly as a trader it must at least understand technical analysis. with this technical analysis we already have a reference when starting to trade.

[Rana590]

I think we should try to make profit in low range. If we try to make profit in huge amount then it will be risky for us. I always try to hold on a trade until it goes to 5-10% profit.

[Yamifoud]

Depending on the market trends but mostly I'll just keep my trades less than a week. In trading, we have to act wisely and we must also know the word "ENOUGH". What I mean is that satisfaction...People are often to hold too long in trades cause they want more profit and that makes them become a loser in the end. Cause for me, having a 1% profit is good enough, but I don't think that it will satisfy the others.

I always try to hold on a trade until it goes to 5-10% profit.

I'd looked that greediness will never work in trading instead it makes traders be out in patience and disappointments when they never achieve their goals.

[Karmakid]

I think we should try to make profit in low range. If we try to make profit in huge amount then it will be risky for us. I always try to hold on a trade until it goes to 5-10% profit.

As long as the chart looks good, you should still hold your position and just adjust the target for taking profit and also your stop loss so even though it will trigger your stop loss, you are still in a profit. It is a good strategy to always set a profit percentage where you will lock in but make sure that you should check all of your parameters before you sell.

[nreal]

I am currently facing the same situation, I have been holding a command for quite a long time. Unfortunately, when I was profitable I did not close the order because I thought it would go higher, I am currently facing losses. Perhaps my mistake is indecisive.

[topbitcoin]

I think we should try to make profit in low range. If we try to make profit in huge amount then it will be risky for us. I always try to hold on a trade until it goes to 5-10% profit.

As long as the chart looks good, you should still hold your position and just adjust the target for taking profit and also your stop loss so even though it will trigger your stop loss, you are still in a profit. It is a good strategy to always set a profit percentage where you will lock in but make sure that you should check all of your parameters before you sell.

Stop loss is a good things to use. I mean, although Karmakid tell how it can help when in profit condition, in lose condition when we think it is the price that we can't afford to lose more, stop loss will be very helpful especially when people don't have much time to look market. But, yes we must be ready for the loses.

[Kocret02]

sometimes it's like that like a novice trader just has the nature of making decisions too quickly without thinking about risk. for beginners it's possible to stay in trading I think it only lasts a matter of days. because the loss must be obtained, so maybe before being in trading must be able to do a long analysis. in order to hold on longer

[KnightElite]

I'm using technica analysis when I do trading, I'm a day trader and holding coin in a long time is not suitable for me, I have a limit of 4 days and if my bias did not happen I will sell it immediately or if the price falls down in my cut loss price. There are still opportunities in other coin and I will find another coin to switch if my trade plan did not happen.

[maydna]

I think we should try to make profit in low range. If we try to make profit in huge amount then it will be risky for us. I always try to hold on a trade until it goes to 5-10% profit.

If you hold on a trade, I think you will need a patient to see the coin price will increase before you can sell your coins. Sometimes our patient will not stay with us and makes us cut lose the coins, and that makes us get the lose. Yes, I agree that we should try to make a profit, especially if the price can increase by 5-10% and I am sure that we will make a big profit if we can repeat the trading process. But if the trend for that coin is good, then I guess that we can make a big profit in a one-time trade.

[matchi2011]

I am currently facing the same situation, I have been holding a command for quite a long time. Unfortunately, when I was profitable I did not close the order because I thought it would go higher, I am currently facing losses. Perhaps my mistake is indecisive.

It happens when you are thinking that the value will rise more the other side will take place. It's hard to anyone to see that instead of gaining you are now facing losses of your investment, stressful but you should learn from it and don't be affected mentally as it will hold you back and harden your moving  forward. Take things into perspective and continue chasing your success inside this industry.

[Rosilito]

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.

FUD? avoid it, when you know what you are doing. Just do it confidently and smoothly, and always apply discipline and you'll be good. Too bad you felt discourage and avoid pursuing on what you are currently trying to trade.

    Anyway here are the things I know that will help you:
  

• Have a plan
• Stick with your plan always
• Don't invest blindly
• Invest what you can afford to lose
• Pay attention closely to chart

Those are just few, and self-explanatory categories. Just avoid unnecessary stuff such as self-doubt because remember everything is fine when you knew what you are doing with discipline.

[enwi]

in my opinion, in trading it takes courage to take risks and you have to be confident in your decision, if you fail then make your failure an experience and the best teacher to be better, all of that requires process and experience

[iv4n]

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.

Sometimes even for weeks. I buy and sell in stages, I never dump entire amount, or I buy with all the money I have. Price can surprise, and price surprised us many times, I just go with the market, at least with bitcoin I do that, cause after some time price bounce back. I simply don't cancel orders for bitcoin, sooner or later it gets executed. With some alts you cant trade like that, from 2017 most of them are going down more then they are going up, so if you made a wrong prediction you need to cancel some orders and to think about some other strategy.

[Lecam]

If i trade in altcoins i didn't hold i will buy when the low price the if see that the price is go high and i have small profit i sell it. But one altcoin i hold that is ether because ether now is cheap i hold some and i will wait the price that i want it to sell. But for now some altcoins i trade it everyday to get a profit then my profit i will buy some ether.

[Magkirap]

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.

FUD? avoid it, when you know what you are doing. Just do it confidently and smoothly, and always apply discipline and you'll be good. Too bad you felt discourage and avoid pursuing on what you are currently trying to trade.

    Anyway here are the things I know that will help you:
  

• Have a plan
• Stick with your plan always
• Don't invest blindly
• Invest what you can afford to lose
• Pay attention closely to chart

Those are just few, and self-explanatory categories. Just avoid unnecessary stuff such as self-doubt because remember everything is fine when you knew what you are doing with discipline.

The things you've said are really gonna help traders specially newbies but i think even just sticking with your plan at all times can really help us, the main reason why we lose money in trading is because of lack of patience but if we have a plan and then we're sticking with it at all times then we can always have profit and lessen losses because of greediness or lack of patience.

[drlukacs]

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 based on your judgment and consistency in trading. I have also tried a strategy of holding orders longer than 1 month and feel very tired but the results are worth it. in order to keep the order for a long time, we should determine before speculating when we should cancel this order and when we should hold it next? And sometimes there will be times when you are frustrated with waiting too long but we need to follow the plan and not make mistakes with what you have set. That personality will make you unbeatable in trading.