Post
Topic
Board Trading Discussion
Re: How long do you hold on a trade.
by
DevilSlayer
on 20/01/2020, 13:12:07 UTC
I have an average of like five holding days, I'm a day trader, and if my coin fails to reach my target selling price in five trading days, I'll sell it or if the price reaches my reduced loss limit. I don't want to keep it anymore because I know the market still has coins that can make me a boost. I'm a sort of trader that doesn't suit me to keep for a long time.

I have also have a average of 5 holding period but still sometimes the strategy that I am using is depends on the currrnt situation in the market. I will not sell my position if the coin that I have is still have high momentum where its price is still increasing. I do not hold for months because I'm not a patient trader and I used to trade in just short period of time.