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Ajlovez7

Book profit or miss it ?

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The seizure of profits is one of the most important things that every trader should get used to and always do in order not to lose his money suddenly due to the price reversal, but greed for most traders prevents them from leaving the trade with little profit, which causes them losses.

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good saying @Ajlovez7, i was one of those traders before and i lost many of my deals, but now i have my objective in trading, every my deals i make profit of only 3% to 5% no more.

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This method is useful, I do not say no. But the beginners, through the thing that they do, I know that they are very needy, for this they transfer all that they possess and lose. Each of us has difficulties that he must challenge. The method you reported is helpful. Let's say if they hold half of what they go crazy and the other half do whatever they want with it. By adopting this method, you will not be afraid of the future or other things to come for 5 years from now, you will find yourself winning more than what you reserved, say 5 to 10 times.

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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On 11/10/2019 at 9:34 AM, Ajlovez7 said:

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

You are talking very big point here, in trading always you must set automatic stop loss and stop profit in order to avoid those greedy of more profit. 

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Trading requires wisdom, awareness, and very intense focus and control of emotions and excitement. It is better to exit trades after making profit in them immediately, otherwise we will fall into greed, loss and deep regret.

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Well dear nice question.sometimes we want more than certain profits, Profit that has been made but that has not yet taken for examle when shares have risens value. Everyone tried to get much profit and earn more but at the end they lost all money. Good  idea is to invest and obtain profits in very short terms. Thanks

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It is not a good thing to miss profit, rather it is advisable to take profits at reasonable and favourable points and then re-strategize on how to re-invest on yet another trading in order to generate another oncoming profits from time to time. This is one of the best ways of maximising our profits reasonably rather than holding onto profits for a very long period of time, it looks like winning and loosing because at the long run you might eventually loose all the money.

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Booking benefit on your venture is as significant as making the speculation itself.profit that has been made however that has not yet been taken, for instance when offers have ascended in an incentive since they were purchased yet have not yet been sold.you need to make a good plan and you can get a great profit one day

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Most people think that this will simply be pure profit or they believe that the fact of investing a capital will already obtain results immediately without checking what is the long, medium or short term, this is always something that is the most important thing to do. tranding.
 

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Well there friend without a doubt that one in this forum every day learns more and more thanks for the advice in fact I always invest in the long term I left it in exchangers such as binance or yobit but I already know to leave them in these wallets.

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I think this is the big mistake of people's because greedy people do not succeed in our lives you must withdraw this money on daily basis this thing is very important if you do not do this you will be lost

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A trader must, before entering into any deal, set is goals in advance, so he should not be exempted from the deal expect when his goal reached. I also take notice this situation this is happening when we are greed for high profit and our trades goes negative and suffering into huge loss specially when we are taking risk on maring trading. 

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