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    Thread: Take Profit or keep the position open?

    1. #10 Collapse post
      kachinna is offline
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      There is nothing as good as take profits in your trading. Will take profits, you are safe. There is nothing bad in keeping your positions open, but you will need to be there watching it to avoid reversals of all your profits.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I keep my position on hold. Look at the value of Bitcoin now, it still keeps rising. I am still waiting for it to reach my target price before I take profit.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Trader_Rob View Post
      The value of Bitcoin keeps going up! I think it's best to keep your position open for now. :D
      I totally agree with you! I am going to wait and see how the market moves.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      The value of Bitcoin keeps going up! I think it's best to keep your position open for now. :D

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      A spike doesn't necessarily mean you have to take profit. Yes, it will be an earning. But if you have a plan and a target, stick with that. At least in my case, that is what I do. Since the price still hasn't reached my target, I am not closing my trade yet.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      I haven't reached my trading goal yet, so I plan to leave my position open. I check the movement of Support and Resistance for the possible direction of the market. From my point of view, the value of Bitcoin will increase by 5% in the next 48 hours.
      Same here! I would close my deals once the price hits to $6,000.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by AbdulShiek View Post
      In the past few days, I've noticed that the price of the Bitcoin has its slow-moving.
      As of today, the price of Bitcoin is almost $5,500.00. It is a sign to hold our position.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      In the past few days, I've noticed that the price of the Bitcoin has its slow-moving.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I haven't reached my trading goal yet, so I plan to leave my position open. I check the movement of Support and Resistance for the possible direction of the market. From my point of view, the value of Bitcoin will increase by 5% in the next 48 hours.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Take Profit or keep the position open?

      I was wondering if you guys take profit at such spikes like today? Or do you just leave the position open and forget about it?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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