Is trading just educated guessing? - page 34.

lousie9

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Quote from: AmiranAbdul on August 26, 2017, 03:47:53 AM

To get the profit in the trade you need a lot of time for a good analysis, if you just guess and do not control your emotions then this will just be a game that will bring a lot of losses.

You are right because trading requires fundamental analysis, we need to take into account any volatility that occurs because the trade does not always move according to our will, the fluctuations that occur allow us to guess and predict the graph but still it is not just luck.

AmiranAbdul

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To get the profit in the trade you need a lot of time for a good analysis, if you just guess and do not control your emotions then this will just be a game that will bring a lot of losses.

Osarman

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Quote from: Hamphser on August 24, 2017, 06:43:01 AM

Quote from: dannon on February 23, 2017, 07:12:58 PM

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

We dont really need an insider info to make money on trading and as being said trading isnt just like complete an educated guess because if we do say the word "guess" we are randomly selecting a particular thing even though its educated it cant be considered since we do have basis on why we do choose a particular decision. Its somehow need some luck but most of the part it would really require knowledge.

Luck plays role in every part of life and it is nothing different that it is involved in success with bitcoins. Rest to be a winner with bitcoins, we need good grip over mathematics, statistics etc to make right decisions at right time. Trading is a complete profession not a guessing game.

dobladi

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Quote from: dannon on February 23, 2017, 07:12:58 PM

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

Trading involves risk, and everyone is awared of that. There are people that are victims of scamcoins. You better make a research about different coins to trade , to make sure that your profit will be big and anomalies would be avoided. You also need to observe, if the coin you'll trade with has unreal price and its name sounds new, you better be careful and suspiscious, if you knoe people who are not new in trading, it is also okay to ask for their suggestions.

Indrawan77

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We dont need insider but we need more knowledge and more information to earn from trading, you can called it guessing because there are no certain result for the outcome but with chart, information and experience we can gain more profit and lower the risk in trading

andrei56

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Quote from: Hamphser on August 24, 2017, 06:43:01 AM

Quote from: dannon on February 23, 2017, 07:12:58 PM

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

We dont really need an insider info to make money on trading and as being said trading isnt just like complete an educated guess because if we do say the word "guess" we are randomly selecting a particular thing even though its educated it cant be considered since we do have basis on why we do choose a particular decision. Its somehow need some luck but most of the part it would really require knowledge.

Having insider info is not necessary to become a successful trader but I think that depending in your jurisdiction using insider info may be considered illegal, at least it is illegal in the stock markets since that gives to you an unfair advantage over the other traders.

Hamphser

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Quote from: dannon on February 23, 2017, 07:12:58 PM

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

We dont really need an insider info to make money on trading and as being said trading isnt just like complete an educated guess because if we do say the word "guess" we are randomly selecting a particular thing even though its educated it cant be considered since we do have basis on why we do choose a particular decision. Its somehow need some luck but most of the part it would really require knowledge.

Exotica111

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Quote from: Hipster999 on August 24, 2017, 06:31:29 AM

Trade - this is an accurate calculation that requires a lot of time, and those who try to guess in the trade use it as a gamble and also lose a lot of money. Trade requires a good analysis, not a rush of emotion.

Good advice because trading needs a lot of patient in order to avoid loses and use a technical analysis for every coin so that you will be happy on what is the result of the coin that you will be deciding to trade.

Hipster999

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Trade - this is an accurate calculation that requires a lot of time, and those who try to guess in the trade use it as a gamble and also lose a lot of money. Trade requires a good analysis, not a rush of emotion.

TheGreatPython

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Quote from: raven7886 on August 20, 2017, 01:58:17 PM

Quote from: entrepmind23 on August 17, 2017, 10:52:34 PM

Quote from: dannon on February 23, 2017, 07:12:58 PM

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

I guess you can call trading "educated guessing" as well because you really don't precisely know what's the next movement of the pair you are trading unless as what you said you have an insider info but you can still profit even if you don't have insider info if you are educated enough that you have a trading plan whatever happens whether the market is with you or against you. Through the combination of experience, knowledge of the coin and the technical and fundamental analysis, you can still profit even if you don't have an insider info but the possibility to profit is likely higher when you have one.

As you said that the complete knowledge of a particular coin is required to earn profit with that coin, then how can you call trading as an educated guessing? Trading is not gambling where you play with mere guesses. Trading has some set patterns and the one who has good knowledge of this market can make millions within a week.

It’s not guess, and there is nothing like “Educated Guessing”, because no one teaches anything about guessing, lol. You just learn about trading, how it works, the right time to invest, the right stock to hit and when to sell.

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Quote from: vok-wok_hok on August 21, 2017, 11:50:37 AM

If the trade rely only on guessing, then it will be like a gambling game in which there will be more losses than profits. Trade needs good analysis and knowledge to make a profit.

I think trading is an educated guess but this prediction is based on a certain basis, we will analyze the factors and market observations to make predictions, it is not the same as predicted in gambling, we just rely on luck and rely on emotions to predict. If we do not have insider information, we will still make a profit, but if you tell me that definitely will be profitable, I think it is impossible, there is no certainty in trading, with trading, any situation can also happen

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If the trade rely only on guessing, then it will be like a gambling game in which there will be more losses than profits. Trade needs good analysis and knowledge to make a profit.

raven7886

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Quote from: entrepmind23 on August 17, 2017, 10:52:34 PM

Quote from: dannon on February 23, 2017, 07:12:58 PM

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

I guess you can call trading "educated guessing" as well because you really don't precisely know what's the next movement of the pair you are trading unless as what you said you have an insider info but you can still profit even if you don't have insider info if you are educated enough that you have a trading plan whatever happens whether the market is with you or against you. Through the combination of experience, knowledge of the coin and the technical and fundamental analysis, you can still profit even if you don't have an insider info but the possibility to profit is likely higher when you have one.

As you said that the complete knowledge of a particular coin is required to earn profit with that coin, then how can you call trading as an educated guessing? Trading is not gambling where you play with mere guesses. Trading has some set patterns and the one who has good knowledge of this market can make millions within a week.

lonelygrimm

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there is lot of effort behind trading, it will takes a time to understand how it works, every coin graph is unique but if you experienced you will find out how the price will move next, but there is some luck in trading too, anything can be happen anytime.

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Quote from: andrei56 on August 20, 2017, 02:35:27 AM

Quote from: RedX on August 17, 2017, 10:13:14 PM

No, it's always analysis. It helps to pick the right coin to buy. I always buy coins from polo and bittrex so the coins I'm trading aren't scamcoins and are not going to be delisted easily.

I think the op in a way is right, there is not a mathematical formula that can guarantee your success at trading so at the end a trader needs to take many factors in consideration and depending on how we weights these many factors then he is going to reach a conclusion about what to do, but at the end is just a guess.

mathematical formula in trading isn't works what you need elis a graph reading or the traders reading but as like you said its just a guessing or prediction that comes from analysis. The better prediction the much you may earn .

olushakes

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Quote from: entrepmind23 on August 17, 2017, 10:52:34 PM

Quote from: dannon on February 23, 2017, 07:12:58 PM

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

I guess you can call trading "educated guessing" as well because you really don't precisely know what's the next movement of the pair you are trading unless as what you said you have an insider info but you can still profit even if you don't have insider info if you are educated enough that you have a trading plan whatever happens whether the market is with you or against you. Through the combination of experience, knowledge of the coin and the technical and fundamental analysis, you can still profit even if you don't have an insider info but the possibility to profit is likely higher when you have one.

Educated guessing if I will be accepting that to be a definition of trading goes beyond analysis, historical trace or even news and reports coming out because those things can be manipulated and the best sure source is to make the manipulation yourself or be involved in those who made it happen. With that you make educated guesses becomes profitable but without that, the more you win in some decisions the more you lose in others.

andrei56

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Quote from: RedX on August 17, 2017, 10:13:14 PM

No, it's always analysis. It helps to pick the right coin to buy. I always buy coins from polo and bittrex so the coins I'm trading aren't scamcoins and are not going to be delisted easily.

I think the op in a way is right, there is not a mathematical formula that can guarantee your success at trading so at the end a trader needs to take many factors in consideration and depending on how we weights these many factors then he is going to reach a conclusion about what to do, but at the end is just a guess.

entrepmind23

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Quote from: dannon on February 23, 2017, 07:12:58 PM

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

I guess you can call trading "educated guessing" as well because you really don't precisely know what's the next movement of the pair you are trading unless as what you said you have an insider info but you can still profit even if you don't have insider info if you are educated enough that you have a trading plan whatever happens whether the market is with you or against you. Through the combination of experience, knowledge of the coin and the technical and fundamental analysis, you can still profit even if you don't have an insider info but the possibility to profit is likely higher when you have one.

Opekin

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Quote from: RedX on August 17, 2017, 10:13:14 PM

No, it's always analysis. It helps to pick the right coin to buy. I always buy coins from polo and bittrex so the coins I'm trading aren't scamcoins and are not going to be delisted easily.

Analysis makes you know how does a particular coin will have a good future or not. So picking a coin that is not a scam coin can make you an income unlike the scamcoin that can make you lose or earn instant because its a hype coins only to scam and earn from traders.

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Of course it is ppl that tell you otherwise just are lying it's all guessing Roll Eyes

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