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Author Topic: What is the main reason why you trade  (Read 6451 times)

Offline doc

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Re: What is the main reason why you trade
« Reply #150 on: November 22, 2024, 09:32:05 PM »

Even we seems to have followed them we should apply some form of smartness in everything we do, i mean, professionalism while following people and we trade and make some cool profits we should be able to understand there is what they calls "take profits" and immediately we achieved what we have invested we should look for away to sell off to secure our investment, be it trading and whatsoever because memecoin isn't something to hold for long term and when they hypes is over we should also dump them for something big and more better.
Meme coins are coins that are suitable for fast investment. Buy at the right time and sell while it is still hype because if you sell late, you will likely be trapped in a high price so you have to hold for a long time for something that may not go up in price again. In following someone, we should also do analysis and have our own strategy, because when we take the wrong step we will lose.

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Re: What is the main reason why you trade
« Reply #150 on: November 22, 2024, 09:32:05 PM »

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Offline SmartGold01

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Re: What is the main reason why you trade
« Reply #151 on: November 22, 2024, 09:40:28 PM »

Even we seems to have followed them we should apply some form of smartness in everything we do, i mean, professionalism while following people and we trade and make some cool profits we should be able to understand there is what they calls "take profits" and immediately we achieved what we have invested we should look for away to sell off to secure our investment, be it trading and whatsoever because memecoin isn't something to hold for long term and when they hypes is over we should also dump them for something big and more better.
Meme coins are coins that are suitable for fast investment. Buy at the right time and sell while it is still hype because if you sell late, you will likely be trapped in a high price so you have to hold for a long time for something that may not go up in price again. In following someone, we should also do analysis and have our own strategy, because when we take the wrong step we will lose.
Of course it's one thing possible because when we don't apply caution while holding or trading it immediately the market dump automatically we lose as well, but developing a strategy and to sell when the hype are still running could make us hold enough profits from the coin. Analysis is quite important to us because if we don't apply some form analogy to follow the market we would end up losing them entirely.

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Re: What is the main reason why you trade
« Reply #151 on: November 22, 2024, 09:40:28 PM »

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Offline densus88

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Re: What is the main reason why you trade
« Reply #152 on: November 28, 2024, 03:38:51 PM »

Of course it's one thing possible because when we don't apply caution while holding or trading it immediately the market dump automatically we lose as well, but developing a strategy and to sell when the hype are still running could make us hold enough profits from the coin. Analysis is quite important to us because if we don't apply some form analogy to follow the market we would end up losing them entirely.
Of course it's one thing possible because when we don't apply caution while holding or trading it immediately the market dump automatically we lose as well, but developing a strategy and to sell when the hype are still running could make us hold enough profits from the coin. Analysis is quite important to us because if we don't apply some form analogy to follow the market we would end up losing them entirely.
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Offline Mr. Magkaisa

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Re: What is the main reason why you trade
« Reply #153 on: November 28, 2024, 04:31:48 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

       -      I think if you know what you are doing in trading and you have knowledge about it and you also have an idea of ​​the strategies that you should use, it probably cannot be considered that you have an addiction to doing it because your main purpose is to get a profit.

It's like a job, you know what kind of work you will do so that you will be compensated on the day you trade. When you say addiction, your body, or personality that you have, is already looking for it.

Offline satpol_PP

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Re: What is the main reason why you trade
« Reply #154 on: December 01, 2024, 11:34:20 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

       -      I think if you know what you are doing in trading and you have knowledge about it and you also have an idea of ​​the strategies that you should use, it probably cannot be considered that you have an addiction to doing it because your main purpose is to get a profit.

It's like a job, you know what kind of work you will do so that you will be compensated on the day you trade. When you say addiction, your body, or personality that you have, is already looking for it.
Of course in trading we must know what we are doing by making analysis and plans or strategies. because if we do not understand what we are doing it is the same as gambling, while trading we rely on skills not relying on luck like in gambling.
We must have knowledge and experience that allows us to trade professionally, even though we cannot be said to be a professional trader.

 

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