Post
Topic
Board Trading Discussion
Re: The best time to take profit in Trading
by
royale143
on 20/07/2018, 11:42:11 UTC
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.


As for me, the best time to do trading is when the bull market comes or when the market turns green. It is important that we'll know when to sell or when to hodl. Patience would also help us make the right decisions. Just wait for the market to recover and things would get better in trading.