Quote from: Pattart on October 02, 2018, 02:07:37 AM

Quote from: nano77 on September 29, 2018, 02:50:33 PM

My strategy is to get profit, of course I will buy at low prices and take the opportunity as best as possible so that I will have the opportunity to get profit when prices go up, then I will save some and some of it I use to buy again

but the problem is sometimes the price in the market confuses you. the rising price is not necessarily the highest price, and the declining price is not necessarily the lowest price. you might make a mistake in sell and buy, thats why the strategy is needed to allocate how much money to buy in that time and another time, just in case if not in line with expectations..

You do not have to get confused with the price of a market if you really know what you are doing as a trader. Taking profit is all based on each person's strategy and so is getting into the market.

For instance, someone like OP takes profit gradually, but for someone like me being a swing trader, I take out time to let the market develop and always treat the breakouts whichever way as a change of trend, and most of the time, believe me, it has always been pretty good. I sell when I feel it is Ok to sell and every indication shows the possibility of a trend reversal either in the short term, the midterm or the long term.