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Author Topic: Always take profit  (Read 1267 times)
dunfida
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December 21, 2021, 08:35:58 PM
 #161

As a beginner in trading, such profits of 1-5$ gives us joy and hope to take the next step, also motivate us as beginners to have zeal and dedication towards trading. But losses in crypto trading always weaken the zeal and the activeness of the beginners, so profit taken is always good.
It is good hear but do note that you should not let small profits from a trades act like small doses of dopamine which make you addicted to it. Rather use it as a source of motivation for bigger profits.

Bad days will happen and in trading these are opportunities to introspect into possible mistakes and chances to rethink your strategy. While losses do have a mental trauma, you can stick to the positive side and learn from them.

For beginners paper trading should be the first thing to start with. You should not jump into the real market right away. Do it on paper, check how much profit you made of how effective your prediction was.
Demo trades would be good but nothing beats out on getting real experience and knowledge on real or live trades even though they should start on very small amount which they could really take some practice.

Its true that mental trauma when in losses is really there which is really on point but once you do gain up sufficient knowledge and experience then you wouldnt really make yourself buldge on this one but instead

you are already prepared up something for this and taking profit is something differs on each individual because we do have personal goals and targets on our mind.

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December 22, 2021, 08:10:53 AM
 #162

As a beginner in trading, such profits of 1-5$ gives us joy and hope to take the next step, also motivate us as beginners to have zeal and dedication towards trading. But losses in crypto trading always weaken the zeal and the activeness of the beginners, so profit taken is always good.
It is good hear but do note that you should not let small profits from a trades act like small doses of dopamine which make you addicted to it. Rather use it as a source of motivation for bigger profits.

Bad days will happen and in trading these are opportunities to introspect into possible mistakes and chances to rethink your strategy. While losses do have a mental trauma, you can stick to the positive side and learn from them.

For beginners paper trading should be the first thing to start with. You should not jump into the real market right away. Do it on paper, check how much profit you made of how effective your prediction was.
Demo trades would be good but nothing beats out on getting real experience and knowledge on real or live trades even though they should start on very small amount which they could really take some practice.

Its true that mental trauma when in losses is really there which is really on point but once you do gain up sufficient knowledge and experience then you wouldnt really make yourself buldge on this one but instead

you are already prepared up something for this and taking profit is something differs on each individual because we do have personal goals and targets on our mind.

You nailed it! After you gain up knowledge, the chance of making positive positions is high,

at first you need to balance everything trading is not an easy venture, a lot of things that you needed to consider and
by practicing both from demos and live trades, you will be familiarize with how the market works and you will be able to
find the best suited strategy to use.

It takes time and more efforts to succeed from this venue of business, make a good use of every knowledge that you will learn along the way.
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December 22, 2021, 08:15:38 AM
 #163

As a beginner in trading, such profits of 1-5$ gives us joy and hope to take the next step, also motivate us as beginners to have zeal and dedication towards trading. But losses in crypto trading always weaken the zeal and the activeness of the beginners, so profit taken is always good.
It is good hear but do note that you should not let small profits from a trades act like small doses of dopamine which make you addicted to it. Rather use it as a source of motivation for bigger profits.

Bad days will happen and in trading these are opportunities to introspect into possible mistakes and chances to rethink your strategy. While losses do have a mental trauma, you can stick to the positive side and learn from them.

For beginners paper trading should be the first thing to start with. You should not jump into the real market right away. Do it on paper, check how much profit you made of how effective your prediction was.
Demo trades would be good but nothing beats out on getting real experience and knowledge on real or live trades even though they should start on very small amount which they could really take some practice.

Its true that mental trauma when in losses is really there which is really on point but once you do gain up sufficient knowledge and experience then you wouldnt really make yourself buldge on this one but instead

you are already prepared up something for this and taking profit is something differs on each individual because we do have personal goals and targets on our mind.
indeed the mental factor that distinguishes between demo trading and real trading. mentality greatly affects our trading results. even though they use the same technique, everyone's view of the market will be different, and the final result depends on their mentality to obey the predetermined analysis.

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December 22, 2021, 09:43:03 AM
 #164

As a beginner in trading, such profits of 1-5$ gives us joy and hope to take the next step, also motivate us as beginners to have zeal and dedication towards trading. But losses in crypto trading always weaken the zeal and the activeness of the beginners, so profit taken is always good.
It is good hear but do note that you should not let small profits from a trades act like small doses of dopamine which make you addicted to it. Rather use it as a source of motivation for bigger profits.

Bad days will happen and in trading these are opportunities to introspect into possible mistakes and chances to rethink your strategy. While losses do have a mental trauma, you can stick to the positive side and learn from them.

For beginners paper trading should be the first thing to start with. You should not jump into the real market right away. Do it on paper, check how much profit you made of how effective your prediction was.
Demo trades would be good but nothing beats out on getting real experience and knowledge on real or live trades even though they should start on very small amount which they could really take some practice.

Its true that mental trauma when in losses is really there which is really on point but once you do gain up sufficient knowledge and experience then you wouldnt really make yourself buldge on this one but instead

you are already prepared up something for this and taking profit is something differs on each individual because we do have personal goals and targets on our mind.
indeed the mental factor that distinguishes between demo trading and real trading. mentality greatly affects our trading results. even though they use the same technique, everyone's view of the market will be different, and the final result depends on their mentality to obey the predetermined analysis.


Demo trading may be good for the new traders but most importantly money management is more important. If you keep on taking early profits, it maybe that you do not follow the proper risk reward model and even a few losses can make your portfolio in overall loss
I suggest to deploy risk management to your trades so that you are not in overall loss.
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December 22, 2021, 10:35:52 AM
 #165



Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.
As a beginner in trading, such profits of 1-5$ gives us joy and hope to take the next step, also motivate us as beginners to have zeal and dedication towards trading. But losses in crypto trading always weaken the zeal and the activeness of the beginners, so profit taken is always good.

For beginners, don't immediately aim for big profits, because beginners need to learn how to make a small profit first. So they can learn to appreciate
the profit generated when trading, keep in mind that trading is not an easy thing. So for beginners, there is no need to rush into chasing big profits.
There is a process that a beginner must go through to understand first how it feels to make a profit. Moreover, do not underestimate the small profits
that we make from trading, because small profits if accumulated will be large too.

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December 22, 2021, 11:17:03 AM
 #166

If you are trading huge amounts, then of course you should always fix a profit, possibly a loss, but only according to the situation. And if the wallet is not that big, you can wait for the normal price tag to secure your profit.
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December 23, 2021, 02:33:48 PM
 #167

In this case i said that if you need to every time receive a profit without any loss so i said that  you need to invest a most beautiful project and see there road map which token are launch in a big exchanges so you invest your money and hold there token and keep patient so that time which a token start rise there price so you use that procedure definitely you receive a profit.

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December 23, 2021, 03:02:52 PM
 #168

In this case i said that if you need to every time receive a profit without any loss so i said that  you need to invest a most beautiful project and see there road map which token are launch in a big exchanges so you invest your money and hold there token and keep patient so that time which a token start rise there price so you use that procedure definitely you receive a profit.

There is always a season to lose in trading just as this particular moment that the price of bitcoin and altcoins are dropping. Now is a down trend so buying the long may not always give profit than short, that means if you buy the wrong trend, the loss will be recorded for you. Every trader must have a time of losing because this business is not always profit all the time. But maximizing the profit and reducing the losses grows your account.
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December 24, 2021, 11:43:51 PM
 #169

It is completely foolish to expect from trading that there will always be profit. There are two aspects to every training, on the one hand if you expect profit and on the other hand you have to prepare for losses. Moreover, only extra knowledgeable people get profit from trading.
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December 25, 2021, 04:15:22 AM
 #170

It is completely foolish to expect from trading that there will always be profit. There are two aspects to every training, on the one hand if you expect profit and on the other hand you have to prepare for losses. Moreover, only extra knowledgeable people get profit from trading.
It's not foolish to expect profit in trading if you've been trading for long and you've been making a profit most of the time.

But this is where the newbies got misled. When they've just heard about trading and profiting, it makes them think that if they trade too, they'll make money easily.

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December 25, 2021, 05:58:30 AM
 #171

It's easy to enter with good entry point but the challanging thing is taking profit before a retracement and most of the times this retracement could be a beginning of a new trend changing a winning trade to loss. And in situations where the trader fails to apply stop loss there could be chances of blowing off ones account. A profit taken is better than a loss made no matter how small accumulation of smalls makes a mighty bulk.

Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.

As long as you have a passion to do crypto trading, so I think 1$-3$ is it doesn't matter, the important is you earn daily that amount of money by doing it. But to be honest, at this situation now, day trading is too risky to apply, unless you know the movement of the price in the coins you are trading it so far. But if not, your assets may be loss in the end and 1$-3$ is not that bad at all actually.

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December 25, 2021, 07:51:36 AM
 #172

It's not foolish to expect profit in trading if you've been trading for long and you've been making a profit most of the time.

But this is where the newbies got misled. When they've just heard about trading and profiting, it makes them think that if they trade too, they'll make money easily.
and they have not been educated about the losses that will overshadow them when trading without any knowledge.
Taking profit on every trade is a must. It depends on what trading strategy is used.

If beginners only buy and then sell when they are profitable, of course they will panic when the price continues to fall.

Initial knowledge about trading must be really mastered, don't just be tempted by the profits, the losses that will be experienced will also be there. The risk is the responsibility of each.

 
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December 25, 2021, 09:09:02 AM
 #173

It is completely foolish to expect from trading that there will always be profit. There are two aspects to every training, on the one hand if you expect profit and on the other hand you have to prepare for losses. Moreover, only extra knowledgeable people get profit from trading.
It's not foolish to expect profit in trading if you've been trading for long and you've been making a profit most of the time.

But this is where the newbies got misled. When they've just heard about trading and profiting, it makes them think that if they trade too, they'll make money easily.
What must be realized that trading is not something that is easy to do it is full of risks,
especially if we do not have the knowledge and skills of course it is not recommended to immediately start trading,
better learn and understand related to trading

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December 25, 2021, 05:04:37 PM
 #174

Well, that is not bad at all,  earning a net income of $1-2$ per session is not bad at all and if you can able to manage your profit continuously that is the best part of making a profit here. But I don't think if you can do that continuously, there is no guarantee that you can always have a winning per session. In trading, you need a large capital so that you can widely choose a good project that you want to pick and trade if you can do those, not only $1-2$ per session that you will get --this was mean that the high amount you risk the possible high of good return that you will take.
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December 25, 2021, 05:31:32 PM
 #175


For beginners, don't immediately aim for big profits, because beginners need to learn how to make a small profit first. So they can learn to appreciate
the profit generated when trading, keep in mind that trading is not an easy thing. So for beginners, there is no need to rush into chasing big profits.
There is a process that a beginner must go through to understand first how it feels to make a profit. Moreover, do not underestimate the small profits
that we make from trading, because small profits if accumulated will be large too.

Beginners must learn how to get small profit and also must learn to bear small losses. Losses will be small if you invest small money and vice versa. Many new comers make this mistake of jumping in crypto straight away with huge capital after getting inspired by successful stories narrated by signaling groups. Crypto trading requires knowledge which in turn require your time and effort.

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December 25, 2021, 06:25:13 PM
 #176

It's not foolish to expect profit in trading if you've been trading for long and you've been making a profit most of the time.

But this is where the newbies got misled. When they've just heard about trading and profiting, it makes them think that if they trade too, they'll make money easily.
and they have not been educated about the losses that will overshadow them when trading without any knowledge.
Taking profit on every trade is a must. It depends on what trading strategy is used.

If beginners only buy and then sell when they are profitable, of course they will panic when the price continues to fall.

Initial knowledge about trading must be really mastered, don't just be tempted by the profits, the losses that will be experienced will also be there. The risk is the responsibility of each.
This should be a consideration for beginners so that they are not always tempted by profitable words from trading, I believe that even a professional is not possible to take profits every time because this is the time when he experiences the risk of loss, so beginners still have to master the basics of the trade.
I used to know how beginners are always tempted by the success of others without thinking about the risks and responsibilities, so it is important to underlie the techniques needed.

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December 25, 2021, 09:43:57 PM
 #177


For beginners, don't immediately aim for big profits, because beginners need to learn how to make a small profit first. So they can learn to appreciate
the profit generated when trading, keep in mind that trading is not an easy thing. So for beginners, there is no need to rush into chasing big profits.
There is a process that a beginner must go through to understand first how it feels to make a profit. Moreover, do not underestimate the small profits
that we make from trading, because small profits if accumulated will be large too.

Beginners must learn how to get small profit and also must learn to bear small losses. Losses will be small if you invest small money and vice versa. Many new comers make this mistake of jumping in crypto straight away with huge capital after getting inspired by successful stories narrated by signaling groups. Crypto trading requires knowledge which in turn require your time and effort.

Many newbies are motivated to make big profits because they see the success of others. Even though people who are successful in generating large
profits are usually not obtained instantly, sometimes it takes a long process, after going through some losses first. So if we want to be a successful
trader, try to learn how other people achieve it. Usually there is a lot of effort to be done and there is also some sacrifice of time and money.
So it's not easy to be a successful trader with big profits, there are initial steps that must be taken first. Like trying to make a small profit first on
a regular basis, if we are already producing a small profit, we can try to slowly increase the profit target that we want to generate.

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elisabetheva
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December 26, 2021, 07:26:44 AM
 #178

In this case i said that if you need to every time receive a profit without any loss so i said that  you need to invest a most beautiful project and see there road map which token are launch in a big exchanges so you invest your money and hold there token and keep patient so that time which a token start rise there price so you use that procedure definitely you receive a profit.
investment in potential projects and coins is highly recommended and you are right that if you want to make a profit then don't miss out on projects and coins that can clearly be profitable, namely buying and investing your capital to invest in good projects and potential coins.
waiting for the right moment and not being too hasty when the price we want has not been met or when it has been fulfilled so don't be greedy to sell it immediately.
judaspriest
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December 26, 2021, 10:25:44 AM
 #179


For beginners, don't immediately aim for big profits, because beginners need to learn how to make a small profit first. So they can learn to appreciate
the profit generated when trading, keep in mind that trading is not an easy thing. So for beginners, there is no need to rush into chasing big profits.
There is a process that a beginner must go through to understand first how it feels to make a profit. Moreover, do not underestimate the small profits
that we make from trading, because small profits if accumulated will be large too.

Beginners must learn how to get small profit and also must learn to bear small losses. Losses will be small if you invest small money and vice versa. Many new comers make this mistake of jumping in crypto straight away with huge capital after getting inspired by successful stories narrated by signaling groups. Crypto trading requires knowledge which in turn require your time and effort.
What must be realized for beginners that the success story is certainly inseparable from failure,
so it's very important to learn and understand everything crypto related,
Don't forget that here the risk is big and it takes effort and hard work if you want to make a profit

panukurap
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December 26, 2021, 02:28:24 PM
 #180

When doing daily trading, I usually apply this method. Indeed, the profits are not too big but it can still support my family, moreover I get a profit at least once a week or even more. Small profits don't matter, the important thing is that you still make a profit, not a loss. With day trading I can be much more careful, thorough but still have freedom.You can also update the market more so it is not easy to fall behind on market trends.

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