Topic: Is trading just educated guessing? - page 10. (Read 22912 times)
Once I read an interview with a professional trader, who said that it was an intuitive process and it took him about 10 years to be able to predict the market change. Maybe only geniuses can see the system and turn trading into a science.
Yes, maybe what you say is correct. Most investors rely on growth charts as well as rumors surrounding the currency they care about. From there, they guess the coin will rise or fall and they will make it that way to make a profit. Accuracy is a second, it is quite high and can help them make a profit after a long investment period
Cryptocurrency trading is not an educated guess. It uses economic formulary all other exchanges use. E.g. Forex and the likes. Prices of currencies are determined by demand, supply and so many other factors. When these factors are put into mathematical formulas predicting the value of currencies to improve trading makes it not to be a guess.
Can you really be sure you will profit unless you have insider info?
Actually, you're right, bitcoin trading is an educated guessing. Though you can just actually predict when a digital currency will increase or decrease if you just have enough data. You should need to study well in trading because it is also riksy sometimes
Well, in life, any time you try to predict the future you make an educate guessing, even if you use mathematical laws.
Nothing in universe is 100% sure. There are only different probabilities.
In trading, you can proceed as a gambler (and you will have the same results as a gambler), or with analysis and strategy: in this case, even it's not guaranteed, the probability to make a good profit is much more high.
Nothing in universe is 100% sure. There are only different probabilities.
In trading, you can proceed as a gambler (and you will have the same results as a gambler), or with analysis and strategy: in this case, even it's not guaranteed, the probability to make a good profit is much more high.
Trading is not about educated guessing and you don't need an insider to tell you information about what you trade...on the contrary you need more information before going through trading, it's a risk and it's faith as well looking forward for the good of it.
Insider information or getting updated is the reason why most traders are very successful when it comes to trading. But we all know that insider trading is illegal and one can be jailed if ever found guilty in the process. 
Can you really be sure you will profit unless you have insider info?
Trading is not for educated guessing only. We really need to have a proper knowledge when it comes to trading. There are lot of people who want to trade and they want an advice so that they started a topic about it. It only means that trading is not simple, we cannot enter to it anytime we want. If we do not have a proper knowledge, we may just lose money. Trading is very risky. It takes time to learn all we need to learn.I am already a potential senior but I cannot deny that I still have mistakes in trading.
Trading is not about educated guessing and you don't need an insider to tell you information about what you trade...on the contrary you need more information before going through trading, it's a risk and it's faith as well looking forward for the good of it.
I think not? You’ll have to sometimes observe the behavior of the currency or sometimes its all on your feelings that when you feel it will crash down or spike up.
It was not an educated guess, it is purely understanding the flow of the market and the trend of that certain coin, well, if we will just rely on taking risk by just wild guessing about what will happen then we will lose all the time, it is just like gambling our money without any strategies.
I think not? You’ll have to sometimes observe the behavior of the currency or sometimes its all on your feelings that when you feel it will crash down or spike up.
i think so. or maybe trading is just for strategy on how to be profitable. maybe
Many things in life come down to "educated guessing" - except for a few absolutes in mathematics. However, good traders will use various strategies to win "both ways" or at least to not lose everything on one bad trade. Even good traders have bad days.
No, I think trading is a serious thing that can be learned and make us successful, I'm sure a lot of trading experts who can earn profits up to thousands of dollars per day and they learned a lot before.
In most cases yes, but again it requires attention, and constant monitoring of what happens on the exchange.
Education is necessary to dominant on any field,its a perfect tom literate yourself to do in best way.Actually knowledge makes you perfect and knowledge comes when you constantly eager to learn and you predict things well.
We need to educate ourselves, if trading is just a purely educated guess well I guess there are lot of us in to trading now and all of us become millionaire, but it is not, yes we need education so we can easily understand things but we need a lot of consideration as well just like patience.
Education is necessary to dominant on any field,its a perfect tom literate yourself to do in best way.Actually knowledge makes you perfect and knowledge comes when you constantly eager to learn and you predict things well.
In my opinion it is not because trading has to do with people psychology and analysis of market even universties open a department for it.
No, It is foolish to invest or do business without knowing it well. But the idea that to be educated in business is wrong.There are many big business people in the world who have not been educated but have earned a reputation in the business field.
Trading for some people is just a form of gambling. But with good analysis, even if you never can be sure, you can achieve a satisfacatory rate of precision in your predictions, an make a good profit.
It's not a gambling and don't think you are gambling because you will lose in the long run. Trading is profitable especially if you have spent time to develop your skills and you yourself are your friend, your decision matters
so never make a decision when not carefully plan and research.
Trading for some people is just a form of gambling. But with good analysis, even if you never can be sure, you can achieve a satisfacatory rate of precision in your predictions, an make a good profit.
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