Post
Topic
Board Trading Discussion
Re: How long do you hold on a trade.
by
arimamib
on 20/01/2020, 13:29:12 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.
I have a feeling it would be better for daily trading if we could do it although the benefits are small but they can circulate, because to do long-term hold must have a high level of patience. Because if you can't do this then the investment can be messy because of the emotional conditions that exist