Post
Topic
Board Trading Discussion
Re: How do you decide when it's time to sell?
by
hatun
on 25/03/2018, 16:02:37 UTC
Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
At first I set a pllan of return. That return is not very high. I set open price for selling at my desired profitable rate. Whenever the price reaches at my designated price, I never regret although the price go far upward. I think controlling emotion is more important in trading.