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Topic: Is trading just educated guessing? - page 2. (Read 22912 times)

member
Activity: 308
Merit: 10
April 16, 2018, 04:25:43 AM
Can you really be sure you will profit unless you have insider info?
Trading is not a guess. Anyone who wants to go directly to the previous trade should understand and master first about Trade. If the person does not have knowledge about trade, surely he will also lose and do not understand what kind of strategy. Do not trade with gambling. Because these two things are very different.
member
Activity: 602
Merit: 54
April 16, 2018, 03:37:21 AM
I don't think that trading is just educated guessing, but for most of traders it is. Only 5-10% traders succeed in the long term,  they aren't only guessing, they actually know something that other 90-95% of traders doesn't know. Trading involves skills that you can learn. I don't know successful and expert trader who are just guessing with their prediction. If you did more research on particular trade, you have more chances to profit with that trade. We can say that more educated you are, you have more chances to predict true outcome.
sr. member
Activity: 420
Merit: 266
April 16, 2018, 03:29:55 AM
Yes, I think good trading is educated guessing, meaning you've educated yourself about certain facets of market behavior and are prepared to act when the conditions are met. Trading is trying to predict the future, and placing a bet on what will happen.
full member
Activity: 378
Merit: 100
April 16, 2018, 03:16:04 AM
I must say that trading is something far more than that of educated guessing. There are number of things which you actually need to learn to become an expert in the world of trading. You actually need to have lot of knowledge about the things related to that of trading like that of chart analysis etc. other than this, you really need to have control on your nerves so that you may not decide something bad.
full member
Activity: 364
Merit: 100
April 16, 2018, 03:12:49 AM
Trading is not only guessing because there are many factors needed to make good and successful trades except education and knowledge. Gambling is more likely to be a pure guessing while trading need also that people make their researchs carefully about the coins before dealing.
newbie
Activity: 210
Merit: 0
April 16, 2018, 01:38:39 AM
There does not seem to be an "insider" term in the crypto coin trading. Trading is not just a guess but more than that. Trading is not that simple, requires extensive knowledge of trading and crypto coins. Also need the ability to analyze and the right strategy
hero member
Activity: 1722
Merit: 528
April 16, 2018, 01:25:32 AM
Trading needs a lot of researches and analysis like financial analysis,market analysis.Unless you know the previous and current market situation of a coin,it will not be able to find the coin which is most under valued.
its need complicated analysis and not everyone can do this.even an expert ,they learn all about analysis more than years before could earn money and profits.

Your statement is wrong but I think you want to say it right. We can't call an expert if that person is not capable of the skills of being expert right? I guess what you want to say is that before they became experts, they started to someone who doesn't know this kind of things. Earning money is hard work, but if you are a good worker and enjoying what you are doing, it is not that hard really.
newbie
Activity: 168
Merit: 0
April 16, 2018, 12:56:12 AM
Yes probably it could be like that because we could not expect cryptocurrency market price movement so part of trading after evaluating the graph of its market price volatility then probably after that educated guessing will follow. We could underestimate also of what is educated guessing since it is being learned or study that is why it is called as educated guessing. However, in the process of guessing or trading in cryptocurrency is difficult and requires you a lot considerations before deciding to trade. Now if you aren't sure with the trading then probably keeping the tokens you have might be a good choice to do or else you will going to waste it or earn more profit. However, we can have a good practice of trading like trading tokens to ethereum or other good cryptocurrency though we may have loss on it but in due time we can be able to recover it.
member
Activity: 770
Merit: 12
Trphy.io
April 16, 2018, 12:47:28 AM
Trading needs a lot of researches and analysis like financial analysis,market analysis.Unless you know the previous and current market situation of a coin,it will not be able to find the coin which is most under valued.
its need complicated analysis and not everyone can do this.even an expert ,they learn all about analysis more than years before could earn money and profits.
besides that i'm not just good analysis needed, but we have to train our psychology to be stable, because this is very important. as good as any of our trading skills will not be useful if not offset by good trading psychology
sr. member
Activity: 532
Merit: 250
April 15, 2018, 10:21:45 AM
Trading needs a lot of researches and analysis like financial analysis,market analysis.Unless you know the previous and current market situation of a coin,it will not be able to find the coin which is most under valued.
its need complicated analysis and not everyone can do this.even an expert ,they learn all about analysis more than years before could earn money and profits.
newbie
Activity: 182
Merit: 0
April 15, 2018, 10:19:51 AM
Can you really be sure you will profit unless you have insider info?
Trading needs to be studied and mastered. It is a skill. Not all of us will be able do to it as easy as pie. It needs perseverance and brilliance. You just cannot guess in trading or else you might lose your money.
newbie
Activity: 77
Merit: 0
April 15, 2018, 10:06:32 AM
Trading is not about educated guessing it requires skills, knowledge and analyzation. Need for analyzation when is the right time to sell your holding coins. If you dont have these loses will experience. But when you think of it, everything is an educated guess and specially trading, unleast from my point of view. Because it's not absolutely certain and it does require a little bit of luck and guessing, just like gambling.
newbie
Activity: 84
Merit: 0
April 15, 2018, 09:32:03 AM
Having the right skill set, reading charts/orderbooks, following the right news, understanding sentiment and many other things if done correctly can give you an edge but that is all it is. No guarantees without insider info.
newbie
Activity: 116
Merit: 0
April 15, 2018, 09:24:40 AM
it comes with experience though but for me Trading is really an educated guessing with or without experience. The fact that the market is unpredictable it's also same with trading , you really don't know when the time will the price will go down or go up. You cannot really make a right decision on an unpredictable market.
newbie
Activity: 112
Merit: 0
April 15, 2018, 09:20:28 AM
Trading is educated guessing, meaning you've educated yourself about certain facets of market behavior and are prepared to act when the conditions are met.For example, you've noticed that over two years' analysis of equities' price behavior following important news reports that whenever a heavily shorted stock breaks through a major previous resistance level it runs another 2% or more 95% of the time. You decide to place standing buy stops above the last major swing high of every liquid stock that has a short interest greater than 20%. That is an educated guess that will likely produce consistent profits for you when combined with prudent risk management principles.
member
Activity: 406
Merit: 10
The Exchange for EOS Community
April 15, 2018, 05:50:49 AM
Trading needs a lot of researches and analysis like financial analysis,market analysis.Unless you know the previous and current market situation of a coin,it will not be able to find the coin which is most under valued.
right. When investing in this market we have to analyze the technique of wave chart. However, many cases are not correct. But the rate at which we make a difference is still more accurate and safer than investing without knowing it.
newbie
Activity: 42
Merit: 0
April 15, 2018, 05:28:15 AM
In some point - yes
full member
Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
April 14, 2018, 03:21:42 PM
Can you really be sure you will profit unless you have insider info?
I think its not an educated guessing because a trader monitors price movements before doing in live trade,they must see to it that they will profit.Votality makes it too risky that is why trader needs to be alert when the price reach higher inorder to get huge profit.
sr. member
Activity: 406
Merit: 250
April 13, 2018, 01:12:35 PM
I don't think so and i also believe that good traders know what are the doing. Newbies are playing coinflip game all the time and it was obvious for me from the begining.
sr. member
Activity: 1036
Merit: 279
April 13, 2018, 12:18:50 PM
It's not all guessing. Before you invest in any alt for trading, you would have to look up the project first to determine if it's likely to fold fore example. Then you have to do searches and look up how popular it is, what's the possible amount of people investing in it, etc. Of course, after all that, you've done your part and it's up to Lady Luck. After all, if there's a sure way to always earn money in it, then everyone would be rich.
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