for the layman who has not understood and have experienced trading will surely assume that trading is just a guess, but my experience of trading either in forex or in crypto currency there are several procedures that must be taken before taking a position, such as analyzing the price movement by looking at the graph price movement at a particular time frame, see the waveform formed and you will see where the price will move next.
- And synthesizing what you say, everything is just guessing because you rely on experience, analysis, or observing the chart, but you still can not be sure of the result, you can only guess and guess, and that is accurately described on trading. The certainty is something that we can not say in trading, if we are sure, we have become rich, we do not need to sit here talking nonsense and speculation about the market, even if we have internal information, it is also not entirely sure because this is the trading 
Topic: Is trading just educated guessing? - page 7. (Read 22912 times)
Ha ha, yes, that is absolutely very close description what trading is --- just educated guessing. No one really has a plan that is guaranteed to work all the time, yes some people use those very clever TA stuff which seems like vodooo magic if it works, but if it is not, no problem. we can make TA one more time)))) .
Trading is guessing indeed. Investing is the proper and the systematic way of putting your money in an investment avenue. Based from the information you have, your move will all be educated and methodical.
Of course you can not be sure of anything. Even insider information does not guarantee. In fact, apart from experience and luck, we have nothing to count on. But I'm not inclined to think that this is just a crypto feature.
Can you really be sure you will profit unless you have insider info?
Trading is I think educated because when you trend you can try and think more a lot of thing and having more knowledge how it will work successfully Can you really be sure you will profit unless you have insider info?
Trading is an arts and science. If you are only guessing then most probably you lost lots of money already in Crypto. If you will only devote yourself in trading then chances of good trades also improve.
I suppose we can affirm even that trading now has become both some mixture of art and science even. Good trader is also a good psychologist.
This is so true. You have to understand a bit of psychology to read the market. Some movement pattern are there for traders to observe, so if you apply the psychology in it, you would see repeating movements and traces especially where you are focusing on a particular time frame and not missing it up.
There are already many books on this issue that are worth reading.
Example:
Technical Analysis
Jack D. Schwager
Blockchain: Blueprint for a New Economy
Melanie Swan
Example:
Technical Analysis
Jack D. Schwager
Blockchain: Blueprint for a New Economy
Melanie Swan
for the layman who has not understood and have experienced trading will surely assume that trading is just a guess, but my experience of trading either in forex or in crypto currency there are several procedures that must be taken before taking a position, such as analyzing the price movement by looking at the graph price movement at a particular time frame, see the waveform formed and you will see where the price will move next.
Not all are untrained but I think trading is an important factor we need to analized statics and etc with lots o things so we know that we want profit and not silly blind trading and then about others are important its the factor of luck every day statistic and we think that we sometimes make a mistake and start trading and losing the profits that you always have with right ! there are traders who I would like to see statics for each trading day years to be able to complied where each day we are statistically most likely to be good profits.
Guessing is a part of trading but before you trade you must understand first the ways and methods if trading do some research to be able to know what your going to do to become successful in trading.
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.
It is definitely true, it is about analysis, and it needed many skills for a successful trading, that is why it cannot be called guessing(not even educational). Skills for example will be research, focus, control, record keeping and most specially analytical skills. It is the ability of the trader to analyse information quickly and it involves many maths and calculations and technical skills. It is required to be able to understand the flow of the coins. First investment of time to read and learn informations about trading will be a great factor. Always stay ahead of the race and be ready to take on the market.
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.
It is definitely true, it is about analysis, and it needed many skills for a successful trading, that is why it cannot be called guessing(not even educational). Skills for example will be research, focus, control, record keeping and most specially analytical skills. It is the ability of the trader to analyse information quickly and it involves many maths and calculations and technical skills. It is required to be able to understand the flow of the coins. First investment of time to read and learn informations about trading will be a great factor. Always stay ahead of the race and be ready to take on the market.
Can you really be sure you will profit unless you have insider info?
i think trading is not just educated guessing because we need to learn some analysis and we need to learn about each of tools, If its just a guess work, then it would not be called trading and it would just resemble gambling.
I don't think that trading is just an educated guessing, trading would need your analytical and strategic skills in knowing the facts of current events that may affect on the volatility of Bitcoin, good reseaching skills at the same time tough decision making skills which includes, risk tasking, patience, and courage. Looks easy but it is definitely not.
Can you really be sure you will profit unless you have insider info?
aside from technical analysis there is fundamental analysis which is a great factor in investment. yes it is an educated guessing because there is no 100% perfect technical analysis
Can you really be sure you will profit unless you have insider info?
For me, trading is not educated guessing. In trading, you should have a lot of knowledge for you to earn money. There are a lot of strategies and techniques that you can do for you to predict what will happen to the price of a particular coin. trading is just guessing what price or movement of certain kriptocurrency coins because you will do a lot of research and a lot of analysis against it. that's how you will do things that can be in the price movements that come out and must take a decision in trading to be the greatest.
It is correct that a lot of research and study is involved. I know a lo of people who started learning about shares and everything and left in between. Learning about crypto is even harder as most of the information is on internet and you have to filter a lot of junk.
trading is just guessing what price or movement of certain kriptocurrency coins because you will do a lot of research and a lot of analysis against it. that's how you will do things that can be in the price movements that come out and must take a decision in trading to be the greatest.
Can you really be sure you will profit unless you have insider info?
Trading is an arts and science. If you are only guessing then most probably you lost lots of money already in Crypto. If you will only devote yourself in trading then chances of good trades also improve.
I suppose we can affirm even that trading now has become both some mixture of art and science even. Good trader is also a good psychologist.
Can you really be sure you will profit unless you have insider info?
Trading is an arts and science. If you are only guessing then most probably you lost lots of money already in Crypto. If you will only devote yourself in trading then chances of good trades also improve.
I suppose we can affirm even that trading now has become both some mixture of art and science even. Good trader is also a good psychologist.
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