Is trading just educated guessing? - page 16.

wdnj

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I believe indeed, you have to guess foundation on details so that makes it educated speculating. Nobody could predict how the marketplace will do, there are many elements that contributes to that particular so you have to be updated before guessing.

Lol! At least don’t insult it by calling gambling. Gambling is the one which is totally luck based game where as this is not eth aces with trading. Trading is the thing which is going to make you rich if you work with sincerity and with zest.

Gambling is the one game which is always going to ruin your life and I have seen many people who got addicted to gambling just because it shy-owes them dreams of getting rich.

teaparty

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I think that is guess without education sometimes lol, for right now not many people knows much about BTC

cydrix

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Quote from: dannon on February 23, 2017, 06:12:58 PM

Can you really be sure you will profit unless you have insider info?

Yes you can depending on your luck and skills on speculative matters although sometimes sheer luck is needed to do this type of trading. Insider info's can help but it depends on the popularity or the exposore that item has make so it has a great possibility to grow faster.

chip1994

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Quote from: Xising on November 21, 2017, 05:43:09 PM

Quote from: dannon on February 23, 2017, 06:12:58 PM

Can you really be sure you will profit unless you have insider info?

Well, it's called educated guessing for a reason, means you have done your part to learn what you needed before trading. Still, the term guessing is not exactly what we can make out of trading. Trading involves a lot of studying and monitoring the smallest changes in prices, not by any means of guessing. But like all other means of making money, sometimes we find on the losing end of the deal.

The loss help you understand and know the risk of investment. Sometimes, it helps you remind your self after got a lot of profits. The risk and the worst situation as loss all money always exist in trading. You should be ready with all situations and the loss can helps you improve your emotion.

kupido14

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Quote from: dannon on February 23, 2017, 06:12:58 PM

Can you really be sure you will profit unless you have insider info?

No because in trading you can't predict when it will decrease or increase it price. Also in investing you can't see if many people will invest in a particular company unless it is a good company and many people know it or it is a well-known.

Xising

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Quote from: dannon on February 23, 2017, 06:12:58 PM

Can you really be sure you will profit unless you have insider info?

Well, it's called educated guessing for a reason, means you have done your part to learn what you needed before trading. Still, the term guessing is not exactly what we can make out of trading. Trading involves a lot of studying and monitoring the smallest changes in prices, not by any means of guessing. But like all other means of making money, sometimes we find on the losing end of the deal.

iconicavs

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Business Driven CryptoCurrency based on Assest

Quote from: dannon on February 23, 2017, 06:12:58 PM

Can you really be sure you will profit unless you have insider info?

You will have to be aware off the information you must needed. Trading is really risky so you must consider everything.

Daektum

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For me, it is not just an educated guessing. As a new trader, I experienced a lot of difficulties during my first experience in trading. You have to be careful in your decision on when is the right time to buy and sell to gain some profit.

Somehow, for me, it is making the right decision and not only guessing. You have to be familiar in trading and bitcoin world. Know the strategies and techniques of trading.

brontosaurus

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Quote from: maaydin on November 21, 2017, 02:47:01 PM

If we are speaking about the general trading I would say that it is not educated guessing. Because you have to make analysis, read charts, have knowledge about the market, price etc. So it is not predicting but analyzing

Yes, dont know much about the crypto market but for share market I have a friend who is stock brokers. They have a full fledged course which contains around 200 elements and each elements has 200 techniques to be applied in to determine the future of any share.

There are multiple criss crosses, third legs, dozies, inverted hammers like terms which really seem quite normal to layman. Yes these are not 100% true but do provide a good picture regarding the phase coming on for any share.

brontosaurus

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Yes this was exactly what I wrote in one of my previous post. I think trading is merely a type of calculated guess. It wont guarantee something 100% or even 50% but yes it do provides a 20% stability to your intuition. Its still quite based upon guessing and personal favoritism.

maaydin

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If we are speaking about the general trading I would say that it is not educated guessing. Because you have to make analysis, read charts, have knowledge about the market, price etc. So it is not predicting but analyzing

Koadharber

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Quote from: chip1994 on November 20, 2017, 12:23:12 PM

Quote from: ThunderCatSteve on November 20, 2017, 01:07:49 AM

Quote from: warwar on November 12, 2017, 12:06:07 AM

Quote from: GeniusAko on November 11, 2017, 11:13:13 PM

Trading is not an educated guessing. Many people losses their money because they don't have enough knowledge to trade their coins. Trading is really a hard job and we should have a lot of information about trading.

Agree. Trading is not like gambling that is guessing and only luck. Trading is all about knowledge about that coin and the news about it that it will be pump or dump. You will guess the price or up until its price with the reason why it is pumping unlike guessing only that you have no bases. Though on the other hand mostly those who guesses will more lose their money

Exactly! There is no way that you can actually treaty trading just like that of educated guessing. In fact, trading is much more than that of educated guessing. There are number of things which you need to have in order to become an expert in the world of trading.

The things which you need to have includes chart analysis, knowledge level, sharp mindedness and above all control over your emotions.

"Control over your emotion" -> This is the most important to help you become the expert in trading. I don't need to have other things, but my emotion is always important than all. Because other things can affected by my emotion, so, as long as I can control my emotion, I can own all.

I completely agree on this one because emotion do really play a great role on this trading activity of ours.Once its being affected then it will really affect our ways on how we do trade. Strategies and knowledge would really mess up along the way because we cant think off properly compared when we are on calm situation. Trading is somehow an educated guessing which we do make decisions basing on fundamentals and other tools not totally making decisions on random because if thats the case you are just like on making gambling.

SweetWhimsy

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I suppose the answer depends if you believe financial markets are efficient or not Individually, I don't think they are, but they become "much more" efficient as they mature, d more "exploitsan" are set. Information benefit and within buying and selling are just some factors. So is an investment risk (dimension, diversity, ri), bias, 12 months base design, etc. Humorous factor is, if you are searching at information and wagering, there's someone who already parsed those and behaved appropriately (tradebots), which means you truly are random speculating the market sks

katrimans

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Quote from: warwar on November 12, 2017, 12:06:07 AM

Quote from: GeniusAko on November 11, 2017, 11:13:13 PM

Trading is not an educated guessing. Many people losses their money because they don't have enough knowledge to trade their coins. Trading is really a hard job and we should have a lot of information about trading.

Agree. Trading is not like gambling that is guessing and only luck. Trading is all about knowledge about that coin and the news about it that it will be pump or dump. You will guess the price or up until its price with the reason why it is pumping unlike guessing only that you have no bases. Though on the other hand mostly those who guesses will more lose their money

I think that trading is more than an educated guessing i.e. sensible guessing. You just have to use your analytical abilities and prior experience of trading to make an educated guess for possible success. Traders analyze themselves and learn from their mistakes to make profits from trading and investments. And this is only one basic rule of learning in trading, learn from mistakes.

chip1994

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Quote from: ThunderCatSteve on November 20, 2017, 01:07:49 AM

Quote from: warwar on November 12, 2017, 12:06:07 AM

Quote from: GeniusAko on November 11, 2017, 11:13:13 PM

Trading is not an educated guessing. Many people losses their money because they don't have enough knowledge to trade their coins. Trading is really a hard job and we should have a lot of information about trading.

Agree. Trading is not like gambling that is guessing and only luck. Trading is all about knowledge about that coin and the news about it that it will be pump or dump. You will guess the price or up until its price with the reason why it is pumping unlike guessing only that you have no bases. Though on the other hand mostly those who guesses will more lose their money

Exactly! There is no way that you can actually treaty trading just like that of educated guessing. In fact, trading is much more than that of educated guessing. There are number of things which you need to have in order to become an expert in the world of trading.

The things which you need to have includes chart analysis, knowledge level, sharp mindedness and above all control over your emotions.

"Control over your emotion" -> This is the most important to help you become the expert in trading. I don't need to have other things, but my emotion is always important than all. Because other things can affected by my emotion, so, as long as I can control my emotion, I can own all.

BennyWalker

newbie

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Quote from: dannon on February 23, 2017, 06:12:58 PM

Can you really be sure you will profit unless you have insider info?

Educated is a key word. Damn, it really similar with guessing in fact. Because no matter how good research you did, how strong any coin looks, there is no any guaranties that this coin will go in direction you expected. Your task as a trader is to find right direction more frequently than you do mistakes.. Something like that

channah

newbie

Activity: 37

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Before, I think trading is just a gambling of other form with lesser house edge,..but after meeting and talk to some crypto traders who had have success on this field my mindset regarding trading has been changed and became interested on learning life hacks doing successful trades yet no matter how hard I try I still not become a better trader. I still miss something important I guess.

Juliedarwin

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Trading is just need to have an educated guessing.. Because of the long term for processing. And you have to learn more about to trade just to be one of an expert traders.

chickenjoy

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Good trading skills to benefit from trading and also some kind of luck may also be a plus point in trading industry.

ThunderCatSteve

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Quote from: warwar on November 12, 2017, 12:06:07 AM

Quote from: GeniusAko on November 11, 2017, 11:13:13 PM

Trading is not an educated guessing. Many people losses their money because they don't have enough knowledge to trade their coins. Trading is really a hard job and we should have a lot of information about trading.

Agree. Trading is not like gambling that is guessing and only luck. Trading is all about knowledge about that coin and the news about it that it will be pump or dump. You will guess the price or up until its price with the reason why it is pumping unlike guessing only that you have no bases. Though on the other hand mostly those who guesses will more lose their money

Exactly! There is no way that you can actually treaty trading just like that of educated guessing. In fact, trading is much more than that of educated guessing. There are number of things which you need to have in order to become an expert in the world of trading.

The things which you need to have includes chart analysis, knowledge level, sharp mindedness and above all control over your emotions.

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