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Author Topic: Percent gains and losses on crypto  (Read 370 times)
maxreish
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May 07, 2021, 08:37:09 AM
 #21

Why not use microsoft exel so you may track down your original capital and monitor your profits? It will also serve as your tool and portfolio if you will make one.
 
 I know someone who monitored his investment by simply making an exel with all of his buy and sell activities. On top of that, it is not hard to update it once in a while if you wanted to add some bitcoin again to your Nano. As long as it also included the price of btc when you bought it so you'll gonna know how much % it increase.
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May 07, 2021, 04:06:34 PM
 #22

The percentage of profit and loss in crypto will depend on the market if there is high demand in the market and you can understand the signals it is easy to understand the amount of profit. The market is constantly updated when it comes to trading the success of a trading platform depends on the trade spot of the expert traders on the platform and the ability to copy. Trading Platform It is possible for an expert trader to start trading and lose millions and millions of dollars and the next week but it is by no means to blame.
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May 07, 2021, 05:32:19 PM
 #23

Why not use microsoft exel so you may track down your original capital and monitor your profits? It will also serve as your tool and portfolio if you will make one.
 
 I know someone who monitored his investment by simply making an exel with all of his buy and sell activities. On top of that, it is not hard to update it once in a while if you wanted to add some bitcoin again to your Nano. As long as it also included the price of btc when you bought it so you'll gonna know how much % it increase.
its good idea when we make a note for every single trade,we could analize what mistake we did and how to improve it. statistic very usefull when we use it correctly. in our note,we could add reason why we open transaction.

personally i am not too care about comparation between gains and loss. i am always concern on risk and reward ratio. it make me survive in market if we have bigger target profit than losses.
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May 07, 2021, 11:44:59 PM
 #24

The percentage of profit and loss in crypto will depend on the market if there is high demand in the market and you can understand the signals it is easy to understand the amount of profit. The market is constantly updated when it comes to trading the success of a trading platform depends on the trade spot of the expert traders on the platform and the ability to copy. Trading Platform It is possible for an expert trader to start trading and lose millions and millions of dollars and the next week but it is by no means to blame.
They can be in profit this time but not sure if they been the same story in the next few days. As the market will remain to its volatility, we can never assure that everything will be smooth and always in success. But, it is absolutely we will be having the gains and losses. If only that we have to record all of our trading histories, maybe we could find that we have more losses than what we earn. That could add frustration knowing that, isn't it?
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May 08, 2021, 04:46:05 AM
 #25

Why not use microsoft exel so you may track down your original capital and monitor your profits? It will also serve as your tool and portfolio if you will make one.
 
 I know someone who monitored his investment by simply making an exel with all of his buy and sell activities. On top of that, it is not hard to update it once in a while if you wanted to add some bitcoin again to your Nano. As long as it also included the price of btc when you bought it so you'll gonna know how much % it increase.
its good idea when we make a note for every single trade,we could analize what mistake we did and how to improve it. statistic very usefull when we use it correctly. in our note,we could add reason why we open transaction.

personally i am not too care about comparation between gains and loss. i am always concern on risk and reward ratio. it make me survive in market if we have bigger target profit than losses.
for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio

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May 09, 2021, 09:56:07 PM
 #26

[quote author=kram31 But anyway, why do you wanna track all these records anyway? Because, as long as you know that you are earnings at the price you bought, I think its enough, you don't need to make things hard for you.
[/quote]

Actually I am trying to make things easier for myself.  What you're saying is true if you make only a few transactions, but if you're constantly buying crypto at different amounts and at different prices how else are you going to know if you're taking a profit or a loss on your trades and how much of a profit/loss?  Granted if you made numerous transactions on bitcoin when it was $10k - $20k, you know you are definitely ahead of the game.  But what if you are made numerous trades when bitcoin is in the $55k - $60k range?  The price fluctuates so much so it would be nice to see your average costs/profits/losses/fees.  Blockfolio is what I was looking for.  It makes it easy to just look and everything is calculated.
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May 09, 2021, 11:21:36 PM
 #27


for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio
And you need to have all the records for your basis. But don't get surprised if ever you have lost a lot than of our profit Cheesy

Only a few traders did this but actually, this is very important to track our traders in order to find out what is really happening to us. To know if we are still good or we need to stop doing this. We find successful traders not only they are really good at trading but it is because they are also tracking their trading history.
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June 02, 2021, 12:57:42 AM
 #28


for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio
Of course, it is clear that an analysis of everything we do is needed to see what achievements we might be able to do so far. because by looking at what we have done, we can improve if it does not match the target we want.
that way we will always learn to fix the shortcomings that we might do.


And you need to have all the records for your basis. But don't get surprised if ever you have lost a lot than of our profit Cheesy

Only a few traders did this but actually, this is very important to track our traders in order to find out what is really happening to us. To know if we are still good or we need to stop doing this. We find successful traders not only they are really good at trading but it is because they are also tracking their trading history.
based on the experience that has been done, of course, the purpose of doing what we do can be fulfilled correctly or not. I agree with you that as a successful trader is that they can research whatever has been done from what has been done so far and from there they can improve if needed. because without improvement, there will be no progress, even if we record it well.

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June 02, 2021, 03:24:27 AM
 #29


for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio
Of course, it is clear that an analysis of everything we do is needed to see what achievements we might be able to do so far. because by looking at what we have done, we can improve if it does not match the target we want.
that way we will always learn to fix the shortcomings that we might do.


And you need to have all the records for your basis. But don't get surprised if ever you have lost a lot than of our profit Cheesy

Only a few traders did this but actually, this is very important to track our traders in order to find out what is really happening to us. To know if we are still good or we need to stop doing this. We find successful traders not only they are really good at trading but it is because they are also tracking their trading history.
based on the experience that has been done, of course, the purpose of doing what we do can be fulfilled correctly or not. I agree with you that as a successful trader is that they can research whatever has been done from what has been done so far and from there they can improve if needed. because without improvement, there will be no progress, even if we record it well.

evaluation of what is done becomes very important, that way we will get lessons and draw conclusions. if this is done continuously then I believe our ability will increase. and the main parameter will be our achievement which will increase in percentage

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June 02, 2021, 09:46:16 PM
 #30


for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio
Of course, it is clear that an analysis of everything we do is needed to see what achievements we might be able to do so far. because by looking at what we have done, we can improve if it does not match the target we want.
that way we will always learn to fix the shortcomings that we might do.


And you need to have all the records for your basis. But don't get surprised if ever you have lost a lot than of our profit Cheesy

Only a few traders did this but actually, this is very important to track our traders in order to find out what is really happening to us. To know if we are still good or we need to stop doing this. We find successful traders not only they are really good at trading but it is because they are also tracking their trading history.
based on the experience that has been done, of course, the purpose of doing what we do can be fulfilled correctly or not. I agree with you that as a successful trader is that they can research whatever has been done from what has been done so far and from there they can improve if needed. because without improvement, there will be no progress, even if we record it well.

evaluation of what is done becomes very important, that way we will get lessons and draw conclusions. if this is done continuously then I believe our ability will increase. and the main parameter will be our achievement which will increase in percentage

And this is where experience counts because you wouldn't able to improve yourself if you wont experience loss and mistakes in your career and since price is way too unpredictable then mistakes could really happen.

Its up to someone on how he would absorb up on all things that he had experience. Apply on what you do learn up along  the way which would be helpful into your investment or trading career.

Set goals according on what you would able to reach out.

R


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June 02, 2021, 10:34:48 PM
 #31


snipped
based on the experience that has been done, of course, the purpose of doing what we do can be fulfilled correctly or not. I agree with you that as a successful trader is that they can research whatever has been done from what has been done so far and from there they can improve if needed. because without improvement, there will be no progress, even if we record it well.

evaluation of what is done becomes very important, that way we will get lessons and draw conclusions. if this is done continuously then I believe our ability will increase. and the main parameter will be our achievement which will increase in percentage

And this is where experience counts because you wouldn't able to improve yourself if you wont experience loss and mistakes in your career and since price is way too unpredictable then mistakes could really happen.

Its up to someone on how he would absorb up on all things that he had experience. Apply on what you do learn up along  the way which would be helpful into your investment or trading career.

Set goals according on what you would able to reach out.
If we don't learn from our mistakes, he'll no way we reach our goal, that will be the truth. That is very important to recall what happens in the past and having those records reminds us what we gonna do to make it correct and avoid it from happening again.
Though we can never escape from losing, we have to do something that could help to minimize it. And we can just do this by simply anticipating for the coming which it makes important to have TA in trading.
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June 02, 2021, 10:44:13 PM
 #32


for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio
And you need to have all the records for your basis. But don't get surprised if ever you have lost a lot than of our profit Cheesy

Only a few traders did this but actually, this is very important to track our traders in order to find out what is really happening to us. To know if we are still good or we need to stop doing this. We find successful traders not only they are really good at trading but it is because they are also tracking their trading history.

Indeed, only a small number of traders have a record of a higher percentage of profit than the percentage of loss. Because it is not easy to make a profit
from trading, there are many things that we must learn in order to be able to read price movements. I include recording all the data on the results of
the trades I make, it seems that the amount of my loss is still greater than the profit I get. We do need to record the results of the trades we have done,
so that we can find out the percentage of losses and profits that we have gotten during trading. If indeed our loss is greater, it means that there are still
many mistakes that we make when trading. And we should try to find and correct the mistakes we have made when trading.

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June 02, 2021, 11:42:04 PM
 #33

You should make a spreadsheet,to all the crypto trading coin.Some new traders will sell at low price,when their is some dip in the price of bitcoin.Right now,I had my 50 percentage of trading resouces in UFT.The price is very low for uft now compared to old past.You can better buy at low price and high volatile com.

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June 03, 2021, 07:02:24 AM
 #34

You should make a spreadsheet,to all the crypto trading coin.Some new traders will sell at low price,when their is some dip in the price of bitcoin.Right now,I had my 50 percentage of trading resouces in UFT.The price is very low for uft now compared to old past.You can better buy at low price and high volatile com.

Actually these days it is very easy for all platforms especially CEX ones to just download the file as spreadsheet. My tip for you for all spreadsheets in order to avoid the problem of old versions not working on new computers,,, just open Google docs, and open the spreadsheet inside it in whatever format. Can use open as or import.

Then save it and bookmark. Then you never lose your file it is in the cloud:) I use this now for all my financial issues/gambling/trading online.

.
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semobo
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June 03, 2021, 03:01:26 PM
 #35


for me progress can be analyzed every month our achievements. so that our income every month has developed according to the target we planned. if the percentage is a lot of loss, it means we are losing. but the measurable risks will still make for a healthy portfolio
And you need to have all the records for your basis. But don't get surprised if ever you have lost a lot than of our profit Cheesy

Only a few traders did this but actually, this is very important to track our traders in order to find out what is really happening to us. To know if we are still good or we need to stop doing this. We find successful traders not only they are really good at trading but it is because they are also tracking their trading history.

Indeed, only a small number of traders have a record of a higher percentage of profit than the percentage of loss. Because it is not easy to make a profit
from trading, there are many things that we must learn in order to be able to read price movements. I include recording all the data on the results of
the trades I make, it seems that the amount of my loss is still greater than the profit I get. We do need to record the results of the trades we have done,
so that we can find out the percentage of losses and profits that we have gotten during trading. If indeed our loss is greater, it means that there are still
many mistakes that we make when trading. And we should try to find and correct the mistakes we have made when trading.
Only small number of people? How you got this data? Some famous individuals records their profit stories only to get the social media influence and make money out of it. If only very small amount of people making money from trading is true then the crypto exchanges won't have such huge amount of trading volume everyday, there are people who make profits and loss but in the long run only people lose their profits due to wrong decisions with impatience.
so98nn
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June 04, 2021, 10:43:03 AM
 #36

After reading twice and thrice I actually got to know what OP is actually talking about. Well what you asking is simple entry and exit points here. You wanna know your gains on the amount of BTC you buying and what cost you buying at? These are multiple entry points and your ups and downs would be the average of your entry points. For example, you bought @$1, $2, $7 and more. Your profits would be average of these.

To avoid the tracks of your buy in, you can easily do this with the CMC mobile app. Whenever you buy in, you just register your transaction in the CMC app at the price you bought or they will fetch the live price for you.

Next, you portfolio will automatically be shown with the P & L.  Cheesy
Shasha80
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June 04, 2021, 10:54:37 PM
 #37

Indeed, only a small number of traders have a record of a higher percentage of profit than the percentage of loss. Because it is not easy to make a profit
from trading, there are many things that we must learn in order to be able to read price movements. I include recording all the data on the results of
the trades I make, it seems that the amount of my loss is still greater than the profit I get. We do need to record the results of the trades we have done,
so that we can find out the percentage of losses and profits that we have gotten during trading. If indeed our loss is greater, it means that there are still
many mistakes that we make when trading. And we should try to find and correct the mistakes we have made when trading.
Only small number of people? How you got this data? Some famous individuals records their profit stories only to get the social media influence and make money out of it. If only very small amount of people making money from trading is true then the crypto exchanges won't have such huge amount of trading volume everyday, there are people who make profits and loss but in the long run only people lose their profits due to wrong decisions with impatience.

Maybe the data I have is invalid, because I judge based on the people around me. Like some of the members of this forum that I know very well,
friends in the real world, my family, even the trading groups that I follow are mostly still experiencing a larger amount of losses when trading.
Indeed, I also often find some people who show the profits they make from trading crypto on several social media, but even then the number is
not much. It's actually hard to compare something without showing the data, because everyone has a different opinion. So I guess what I said
was wrong, but one thing that can make us successful in getting profit in trading is patience. Sometimes we have to be patient waiting for
the price of the coins we buy to go up,  the most important thing is that we have chosen the right coins for trading.

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crzy
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June 04, 2021, 11:10:59 PM
 #38

After reading twice and thrice I actually got to know what OP is actually talking about. Well what you asking is simple entry and exit points here. You wanna know your gains on the amount of BTC you buying and what cost you buying at? These are multiple entry points and your ups and downs would be the average of your entry points. For example, you bought @$1, $2, $7 and more. Your profits would be average of these.

To avoid the tracks of your buy in, you can easily do this with the CMC mobile app. Whenever you buy in, you just register your transaction in the CMC app at the price you bought or they will fetch the live price for you.

Next, you portfolio will automatically be shown with the P & L.  Cheesy
This the easiest way to track your account and some exchanges also have this but if OP want a more traditional way, go for Excel and manually input all the transactions this may look more hassle but if you do understand excel very well, you’ll appreciate it though the computation of value is not real time, you can easily input its current value, I do use excel for recording.
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