Post
Topic
Board Trading Discussion
Re: what profit do you need to close the long position?
by
elda34b
on 22/07/2018, 12:32:26 UTC
If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

That's quite a big number for me. Usually, how much time do you need to reach that profit?

I do believe it's flexible, you should consider market conditions too. In the recent market, I think short-medium term trading is more profitable than long-term holding as long as you can ride with the waves.