Is trading just educated guessing? - page 38.

matchi2011

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Quote from: Zooplus on August 02, 2017, 11:53:44 PM

Quote from: genocide on August 02, 2017, 11:04:14 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?

Not really. You just need to do some research on the previous flow of the bitcoin price. You must be aware of the current events that might affect it. As I always say on my previous posts with regards to trading, you also need to acquire good statistical analysis to know when is the best time to buy and the right time to sell.

Most of us has no capacity to get insider's information that is why we are just guessing but we do not just blindly guess.
We have a basis of our guess and we study it very hard because it is money and with money it should be taken care very well so
will achieve our goal to grow it.

These insider information are for newbies who really haven't had much experiences with trading yet. Educated guessing would be a proper way to define it i guess. You're not really guessing without any back up information about it, there have been studies and researches behind your guess so it's quite different from simply guessing randomly.

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Quote from: genocide on August 02, 2017, 11:04:14 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?

Not really. You just need to do some research on the previous flow of the bitcoin price. You must be aware of the current events that might affect it. As I always say on my previous posts with regards to trading, you also need to acquire good statistical analysis to know when is the best time to buy and the right time to sell.

Most of us has no capacity to get insider's information that is why we are just guessing but we do not just blindly guess.
We have a basis of our guess and we study it very hard because it is money and with money it should be taken care very well so
will achieve our goal to grow it.

genocide

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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?

Not really. You just need to do some research on the previous flow of the bitcoin price. You must be aware of the current events that might affect it. As I always say on my previous posts with regards to trading, you also need to acquire good statistical analysis to know when is the best time to buy and the right time to sell.

deppil

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Quote from: Opekin on July 30, 2017, 10:49:40 PM

Trading depending on the peoples knowledge and not depending on a insider's informations .If you know how to have a research and you know a potential of a coin you will be more educates but not in guessing in short you have those proofs in your mind to be more clear to you what is your investments and why you bought it.

Nope. Of course you must have the knowledge, the tenacity, the patience, the skills to trade. You can not just depend on your mind to guess which coins will have good potential and future, but you have to do research first, and your skills and knowledge will be useful in this session

SushiMonster

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Not really guessing because you need to study the flow chart of the price.
More like you're trying to predict the outcome of the price chart based on the present price cap.
Right now, I'm trying to sell my stocks since I waited for the price to get up.
It's more like studying stocks and trade actually.

Saidmod

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Quote from: Zemangat on August 02, 2017, 05:22:41 PM

not like that. You can benefit if you master the technique of trading. You do not have to get information from your friends. All it takes is you master the market direction in bitcoin trading. I always watch the market where I need to know the price will go down or up. I think you should master it. Dependent on people or luck

Not at all times and you can't master the price direction becausenit is based on traders not on the graph even candlesticks will not give you approximate signals .
Luck its a very small portion in trading and its mpre relying on your skills how to trade well ,The one that you need to master is to make a good trade in such a very volatile market.

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Quote from: Tungsten-1 on August 02, 2017, 11:13:31 AM

Quote from: Rebisco on July 30, 2017, 11:14:27 PM

Quote from: Opekin on July 30, 2017, 10:49:40 PM

Trading depending on the peoples knowledge and not depending on a insider's informations .If you know how to have a research and you know a potential of a coin you will be more educates but not in guessing in short you have those proofs in your mind to be more clear to you what is your investments and why you bought it.

I agree to you. Trading is depending on the people knowledge. If we have a lot of knowledge, for sure we can earn big amount of profit. If you studying all the information about the trading, there is a big possibility that you will become rich.

Yes you are right, knowledge is power in trading without knowledge we can not trading understand and also if a person have no knowledge its trading is unaimed, and he can't make money easily. So knowledge is very important elements in trading.

Knowledge is part of good (and also bad) trading. Knowledge helps you to analyze tables, past price movements and etc but remember, it can also be a main reason of lose. Sometimes there is need of luck because everything don't happens like it has to be. So knowledge can be a reason of unsuccessful trading sometimes but that doesn't means it's not necessary. Good skills and luck with knowledge is the key of success.

Lomberjack

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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?

Trading is not just an educated guess because for you to be able to trade accurately, you must be observant and be updated on the changes in the market for you to be able to come up into a decision if it is the perfect time to trade your assets into a greater one. Trading can build your assets into a great count so I thinking trading needs to be wise and observant for your own good. It is not s guessing type instead it is really an educated observation and as well a strategy and way of earning more than the usual

boyptc

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Quote from: peru111417 on August 02, 2017, 06:44:11 AM

Trading is not just a means of guessing rather it is also a matter of taking a risk. A risk that you take it can be for your own credit or to the others. But while your taking that risk you should have that think of all the possible outcome that can be happened, but you would take that risk in favor to your side.

With the word educated guess, it can be good to say that trading is. You'll guess what coin will be increasing it's value very soon and what are the ones who are useless, so for the useless coins you don't have to buy those coins. And with trading I will come up always guessing and speculating on how the market will fluctuate including your bought coins.

Zemangat

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not like that. You can benefit if you master the technique of trading. You do not have to get information from your friends. All it takes is you master the market direction in bitcoin trading. I always watch the market where I need to know the price will go down or up. I think you should master it. Dependent on people or luck

andrei56

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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?

In a way trading is just educated guessing, we have no way to be 100% sure that our predictions are going to be right but with the use of tools and model we are able to predict more or less what is going to happen in a market with a certain degree of accuracy.

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Quote from: michellee on August 02, 2017, 09:48:27 AM

Quote from: Himanshu111 on August 02, 2017, 08:51:27 AM

Actually yes, trading is just educated guess. A person can't tell for sure that in which direction the market will go tommorow but he tries to predict it after looking at market events and cash flow and if he thinks he will be able to earn profits he buys or sell.

at least that person know where he can buy and sell price after he make analysis so he know what is he doing in the market. for me, I think trading is not just guessing because, when I want to buy or sell, I will take a look in the market, especially with the price trend, history market, position the price and else so I can determine in how much price I will place my order.

But final your decision still have relative nature and can wrong anytime when the market happening not as your hope. Although you have calculated before creating order but we still call it's predict and need some factors helps minimize your loss if you wrong.

Tungsten-1

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Quote from: Rebisco on July 30, 2017, 11:14:27 PM

Quote from: Opekin on July 30, 2017, 10:49:40 PM

Trading depending on the peoples knowledge and not depending on a insider's informations .If you know how to have a research and you know a potential of a coin you will be more educates but not in guessing in short you have those proofs in your mind to be more clear to you what is your investments and why you bought it.

I agree to you. Trading is depending on the people knowledge. If we have a lot of knowledge, for sure we can earn big amount of profit. If you studying all the information about the trading, there is a big possibility that you will become rich.

Yes you are right, knowledge is power in trading without knowledge we can not trading understand and also if a person have no knowledge its trading is unaimed, and he can't make money easily. So knowledge is very important elements in trading.

The_prodigy

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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?

I think in business or even in this kind of centures everything is a risk or a gamble as we really don't have an i sider as much as we would kike to believe. THe volaility and unpredictability of the trends is something we can study and infer educated guesswork so that we might be able to predict in so
E way if it would be profitabble a calculated risk. A calculated gamble.

michellee

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Quote from: Himanshu111 on August 02, 2017, 08:51:27 AM

Actually yes, trading is just educated guess. A person can't tell for sure that in which direction the market will go tommorow but he tries to predict it after looking at market events and cash flow and if he thinks he will be able to earn profits he buys or sell.

at least that person know where he can buy and sell price after he make analysis so he know what is he doing in the market. for me, I think trading is not just guessing because, when I want to buy or sell, I will take a look in the market, especially with the price trend, history market, position the price and else so I can determine in how much price I will place my order.

Biggapp

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Quote from: Ctn on August 01, 2017, 05:21:03 AM

I disagree that it's just educational guess. Trading can only be done with the help of some news, precise data from insiders and your own logics. These all will form the basis of a good trade on any circumstance. I'm sure guessing will end up with chaos and loss of money. So don't even try it.

its probably true that the trading it perfectly an educational guessing, knowledge is the key for everything without knowledge and learning we cannot do anything and in the case of trading we need to be educated so it is good to learn about digital currency market and gaining information about the functions of the entire system of the bitcoin trading will be good .

Himanshu111

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Actually yes, trading is just educated guess. A person can't tell for sure that in which direction the market will go tommorow but he tries to predict it after looking at market events and cash flow and if he thinks he will be able to earn profits he buys or sell.

hritevanz

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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, i guess trading is not just means of guessing because when you trade you should know that it is a bit risky and you must be aware of that

And aside from that, if you're quite lucky then it is a great thing

MilanT

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Trading can be view as educated guessing especially when you trade just with one asset(such as Bitcoin). You solely depend on the estimation of how the currency is gonna evolve. That is why if you really want to trade, you need to diversify. If you want to take trading seriously, you should start trading on more assets. Everything is just about calculating on probability.

peru111417

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Trading is not just a means of guessing rather it is also a matter of taking a risk. A risk that you take it can be for your own credit or to the others. But while your taking that risk you should have that think of all the possible outcome that can be happened, but you would take that risk in favor to your side.

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