How do you know when to sell?

[Serco]

Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.

it is good trade plan dude, consistant with our goal will give us huge profit it accumulate for long time. sometime we didnt care about small profits and only huge profits instantly, meanwhile earning huge profit must sacrifie lot of balance too. but if we could patient and accumulate our small profits consistently , someday it will be great. i am agree on how you trade and close transaction.

[1713278832]

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[1713278832]

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[1713278832]

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[jossiel]

Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.

We're all trading because we've got our own purposes and that is to make money.

We sell when there's a profit that we see and sometimes we have to sell so that we can cut our losses in the long term. There are times that our plans won't be met but as long as the profit is already there.

We're taking that profit as soon as possible so that the capital we have during the start will be recovered.

You are right and when it comes to decision making then this would be entirely be depending on someones own will and mindset because people are way too different on making that one.
We do have the main aim which is to make money but doing all sorts of things will really be different to each other so profitability does really differ depending on how you do all sorts of things.
One priority or aim is really on profits but due to some factors like fear, greed and way too impatient then this will really affect you badly which would result into
missed opportunities or selling way too late but as long we are on greens then that would really count.

Those factors about having fear and greed.

These will lead the trader to go into panic whenever he sees the market unfavorable to the likes of him. And that trader is likely new to the market.

That's why it's common to have those traders experience the worse trades first before learning from it and can depict when is the right time to sell after learning.

[andriarto]

Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.

it is good trade plan dude, consistant with our goal will give us huge profit it accumulate for long time. sometime we didnt care about small profits and only huge profits instantly, meanwhile earning huge profit must sacrifie lot of balance too. but if we could patient and accumulate our small profits consistently , someday it will be great. i am agree on how you trade and close transaction.

nice thought. by accumulating profits on an ongoing basis it will generate large profits as well. sometimes this is a psychological challenge for traders. therefore we cannot underestimate scalpers who patiently collect a little profit on each transaction. they make transactions briefly and with short targets too

[BuNga_cute]

Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.

it is good trade plan dude, consistant with our goal will give us huge profit it accumulate for long time. sometime we didnt care about small profits and only huge profits instantly, meanwhile earning huge profit must sacrifie lot of balance too. but if we could patient and accumulate our small profits consistently , someday it will be great. i am agree on how you trade and close transaction.

nice thought. by accumulating profits on an ongoing basis it will generate large profits as well. sometimes this is a psychological challenge for traders. therefore we cannot underestimate scalpers who patiently collect a little profit on each transaction. they make transactions briefly and with short targets too

To be able to get big profits, it is possible to collect small profits, because in trading there are various ways to be able to generate large profits.
If we do have big capital, we can immediately generate large profits. The problem is that not everyone trades with large capital, even
the majority of people may be trading with small capital, because the risk of trading crypto is indeed very large. If our small capital can do scalping,
we can take small profits but sustainable. This means that if the profits we get from scalping are collected, this can make us generate large profits.
The problem is scalping requires experience and good analytical skills, so we can know when is the right time to buy or sell coins.
 

[Caldear]

Knowing the time to buy and sell is the most important thing in trading. To understand the initial purpose of currency creation, analyze market conditions and use various indicators to analyze price trends.
The price of cryptocurrency fluctuates greatly, and there are great risks in crypto market transactions. Risk management strategies must be done to stop profits and stop losses in a timely manner. Don't sell it when the price falls because the price rises and falls affect the market sentiment.

[shushu9977]

When you have gotten huge profit, then you should not be more greedy. You should sell your coin without any doubt. Because, if you got a double or good profit, then you should sell your tokens and waiting for dumping the crypto-currencies and you buy again which you want.

[wahyu wida]

When you have gotten huge profit, then you should not be more greedy. You should sell your coin without any doubt. Because, if you got a double or good profit, then you should sell your tokens and waiting for dumping the crypto-currencies and you buy again which you want.

When you have gotten huge profit, then you should not be more greedy. You should sell your coin without any doubt. Because, if you got a double or good profit, then you should sell your tokens and waiting for dumping the crypto-currencies and you buy again which you want.

[lenovop-70]

First, you need to set your selling target, and if it has reached, its your first safe point and think again for your next step.
If it has been sold, don not regret when the price is going high from last you have sold it, and if it not sold yet, you need to be more patient while check your targets sold were too high or market turning back from your target because some big issue.
If you have strong fund to do trade, you must not worry you will be loose, price will always going up and down actually. And when you need references, so many market analysator out there, you can pick one or buy it for subscribe to guide your market analytics.

[Helpme_please]

how to identy selling strategy always interested to discussed, some traders have opinion we could start selling when our target profits reach no matter how its condition on chart , is it have possibility to still increase or not. and some traders which is chartis, usually always use support and resistance analisis to identify the best level to liquid or take buy position. once again it always depend on our own plan to generate profits in market.

[zeslee]

Hi, thesmallgod!!

This is not related to this post, but could you check your older post here please? https://bitcointalk.org/index.php?topic=5066380.0

I couldn't message you. Thank you so much!!

[Karish2return]

In trading reading is very important for which you have to take analysis and an important point about this is you have to follow the big traders which give signals about the coins that might give you much profit and you will not be suffer from much loss as compared to trading by yourself.

[kapalmabur]

In trading reading is very important for which you have to take analysis and an important point about this is you have to follow the big traders which give signals about the coins that might give you much profit and you will not be suffer from much loss as compared to trading by yourself.

Following and seeking advice from senior traders is certainly nothing wrong,
but we should not just follow it without studying it ourselves because I think it will be bad in the future,
I only recommend it and it all comes back to their respective decisions

[dotcoin.info]

I noticed that more often than not, coins that grow unexpectedly by 70-150% are then spent on a correction of about half of the growth.
If you see that your coin has grown so much with a static bitcoin, then do not doubt that a rollback awaits it, which means this is a great chance to take profit.

[Xinarae*]

In trading reading is very important for which you have to take analysis and an important point about this is you have to follow the big traders which give signals about the coins that might give you much profit and you will not be suffer from much loss as compared to trading by yourself.

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

[leea-1334]

I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P

[Anamika1000]

It depends upon you whether do you want to get a short profit or you waiting for a large profit then you can sell according to your wish. But it think profit matters whether it is small even, you should take that profit and save yourself from the loss.

[Cherylstar86]

I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P

As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.

[Kimonoe]

I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P

As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.

sometimes we know we have to match the target set, and to set the target I usually use the resistance area, but the problem is sometimes my psychology is disturbed so that it seems as if I want to end the transaction before reaching the target, and when setting a stop loss sometimes I am calmer if I experience floating minus

[xSkylarx]

I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P

As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.

sometimes we know we have to match the target set, and to set the target I usually use the resistance area, but the problem is sometimes my psychology is disturbed so that it seems as if I want to end the transaction before reaching the target, and when setting a stop loss sometimes I am calmer if I experience floating minus

Well, a good trading strategy is to set a stop loss and a target profit, which usually leads to success. We all know that greed leads to loss, and if you aren't delighted with your profit, your account will be burned. Setting a daily target and sticking to your strategy, as well as being able to manage your emotions, are the fundamentals of trading that you should learn and look for. Emotion is your worst enemy in trading because it causes you to stop thinking and simply press the sell or buy button, which is not in accordance with your strategy. Learn to manage them so you can manage your money.

[RokokGudangGaram]

If it's an altcoin and the indicators were off the chart I think the instinct will help you out but if it's like common altcoins that has a good trading volume I do think looking at indicators like RSI would be a good idea to know when the market would go down or high but I think the best option is as long as you have profit just be thankful to it even if you sell early.