Post
Topic
Board Trading Discussion
Re: Gaining quick profits or keep holding?
by
Noa_Amable
on 21/02/2019, 13:30:04 UTC
The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
I think you should set profit and loss targets. It will help you solve this worry. This is the situation of unprecedented trading speculators.
You need to set it up and place the order exactly what you set out. Not more and not less.
In the field of investment, you need discipline and persistence, if you can't practice to have it, you will easily fail.

I would tried the following strategy: if 15 min time frame is of positive trend for 7-9 candles then I open Buy position and set TP at 100 pips (or 100 USD) and then close a position.

then I make the same thing but with 2x volume.

and of course every trader must be ready for losses. especially when it comes to margin trading.