Topic: There is no certainty in trading - page 7. (Read 1531 times)
You have to treat trading seriously and consider it as a job where you need to do your own research. There’s no fix return in trading, you have to understand that as well and know that your money can lose anytime especially if you did not do your research. Trading is risky but of course, its also rewarding so better to learn more about it first.
There is no certainty in any scenarios in the world; be it stock market or forex tradings; this is why as traders we must ensure to work with the best probabilities around and also be open to making changes from time to time because the more you learn from errors in trading, the better your decision making. Also, mastering the use of stop loss works alot too.
When it comes to trading, everything will be uncertain. We these predictions but none of them seem right. This is what we called risk in trading, more losses will come to you if you are sticking to your wrong prediction. That is why it is very important to become flexible here, we need to adopt the market behavior, and we don't need to be greedy in trading, take the opportunity even only it gives us a few dollar returns.
I believe there is no certainty in anything worth investing in. This is why those who do invest are at large rewarded for the risk they take.
In trading is no different and while probabilities are always at play one can move these probabilities in their favour.
However, one thing I like about trading in crypto is that unlike stocks and share the market volatility allows you to make a profit t(if you buy/sell at the right time) almost always.
In trading is no different and while probabilities are always at play one can move these probabilities in their favour.
However, one thing I like about trading in crypto is that unlike stocks and share the market volatility allows you to make a profit t(if you buy/sell at the right time) almost always.
I agree with your idea that trading crypto is not certain but it is very volatile and volatile fluctuations are very unpredictable, not to mention pumping, dump, and FOMO because if we are swept away In this crypto we will not have a chance to sell it to others and we will lose more money.
Trading is those who have time to monitor their investments, unlike stock trading we can just wait when the company we invested with have news or development in crypto we need to take advantage the time they are popular since after that it may not going to set new high price, always monitor snd never be greedy in trading. 
Nothing is certain in life, everything is in a state of constant change. In trading cryptos, it is good some days and bad some other days.
So as the price of an open market too, especially on Bitcoin the price always fluctuate that's why it's hard to predict the next price but with the right TA you might be able to pinpoint the closest possible price if you're trading. Although trading is not for everyone since it's like a gambling but you still have to take the risk. With enough experience of the market it's going to be easy to win a trade just by looking at the charts.a knowledge and skills will really be giving out that advantage compared to those people who don't even know on what they've been doing.This market is indeed
volatile that's why dealing with it will really be more harder since you would really presume things up on where the price might possibly heading on.
Yes, theres no certainty in trading but somehow it can really be handle out if you are really that serious and does have the passion on trading.
I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
Trading is also like gambling. You don't have anything to guarantee as you trade and even you're an expert, you can still fall with your emotion that could lead to losing. I agree about your term which is "level of determination". This is exactly as it is depending to the trader and how he's well equipped with knowledge, experience and research-based facts to understand what's the possible next move of the market. It all sums up and it will create a results that only you can finalized it and see if it's effective or not based from how you prepared on it. This is why you have to be consistent in your 'right' process.
It's not just in trading alone that there is no certainty. It's basically a life thing. I am cocksure none of us here knew we would be here in this forum and doing this type of business in an industry like this a decade ago. It's the same way we don't know what tomorrow holds and therefore can't pick or know any coin/token that can make a good ROI. If anyone knew that, that would make them clairvoyant and that's an edge on life itself. Not even Mark Zukerberg knew he would be this rich when he started Facebook or Bill Gates with his computer softwares. As a trader I often wish I knew where price is headed 24hrs or 12hrs before it gets there. But this is near impossible.
This is why you have to be consistent in your 'right' process.
You are right, when talking about cryptocurrency trading there are no standard predictions, always changing according to market movements, data, etc. Accordingly, everything has proven how we determine for ourselves which crypto direction is currently popular and have the power to increase its volume continuously and continuously. it's not just the hype that's temporarily unfolding.
Therefore establishing a consistent attitude is essential to our trading operations.
I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
Anything can give a big impact on the market and price. That's why the trading market has been calling a speculative market because anything based on the speculation will always have done by the traders. you must not only keep consistent to keep your eyes in the process but you must also consider the various factors that can affect the market. This is why you have to be consistent in your 'right' process.
The news is playing a very important role to determine the market's direction.
What you can do to follow the waves or prepare to get into the next waves.
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My emotions was now running wide and can't control it then I stop prediction and joined signals group. Never go into it while you haven't learnt how to. That's the secret, its not a rocket science.
The problem with most new incomers into the industry is that, they think they're what they aren't just because of few success they achieve in their short term in that specific area. With trading or investing, when new enthusiast achieve success in those areas they think they're good to go and that was exactly the phase you were passing through. You aren't a trader but just an opportunist that seize the opportunity the bull market offers which was why it was difficult for you to replicate similar results in the bear market.
It would had been advisable you take lesson on trading instead of giving the responsibility to someone else with the decision you took with joining a paid signal group. While some people profits from this group majority surfer urge losses due to to the scammy mode of operation by the founders of this paid signal groups.
You gain nothing from this paid signal group in regards to experience, you might have gain some few cents but that can't be compared to what you would had gain if out of your experience those trade were made personally. Sometimes it isn't about the money gained but the experience gained, kelp that in mind next time.
I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
You can't make consistent profits like dividends in cryptocurrency trading, the profits depends of lot of factors like your skills, experience,pairs chosen and most importantly luck also plays. It definitely takes time for people to learn these things while most of thrm doesn't have enough patience so end up losing everything or just left the trading career once they fed up with their wrong decisions. This is why you have to be consistent in your 'right' process.
I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
At first when i started trading, all my trades went accurate not knowing I was lucky enough, the probability that I got it correct was because of a certainty of bull market period. Thereafter, when the market was at bear, my trades and predictions went wrong because I had no strategy or right process used. My emotions was now running wide and can't control it then I stop prediction and joined signals group. Never go into it while you haven't learnt how to. That's the secret, its not a rocket science. This is why you have to be consistent in your 'right' process.
There is an inherent risk in trading you have to take. But thankfully a good trader has a risk management system in place. He knows his risk tolerance and how much he is willing to lose on a trade or how big a position he can create at any time.
If we think a little bit more philosophical, everything has a risk tied to it. Getting into your car and driving to work has a risk (small, but it's there) of dying. Government bonds do have a risk as well even some say they do not, but the reward is quite low. Govts. have and probably will default in the future.
If we think a little bit more philosophical, everything has a risk tied to it. Getting into your car and driving to work has a risk (small, but it's there) of dying. Government bonds do have a risk as well even some say they do not, but the reward is quite low. Govts. have and probably will default in the future.
Nothing is certain in life, everything is in a state of constant change. In trading cryptos, it is good some days and bad some other days.
May be there are traders who can control their mind and prices too with millions in their pockets however, when a dump comes the investors who turn into panic sellers make these strong investors very weak and to stop loss they also need to sell their stash. That's really natural thing to happen in the market and nothing is wrong in that. If this cycle breaks then that's because big groups are driving the force when prices are dumped.
For many investors that's actually opportunity and certainty which they need for longer trades.
For many investors that's actually opportunity and certainty which they need for longer trades.
I agree with your idea that trading crypto is not certain but it is very volatile and volatile fluctuations are very unpredictable, not to mention pumping, dump, and FOMO because if we are swept away In this crypto we will not have a chance to sell it to others and we will lose more money.
Even in Bitcoin it's also unpredictable no one even expected that we will go in this place in just short period of time. For investing in altcoin DYOR is very important if you want to make a sure entry buy coins only if there are events that can help the price up . Buy it as early as possible before the event come so you can sell it with profit I know many people already doing that kind of startegy use for trading they are searching for different source to check if there is event will happen and how big it is.
I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
This is why you have to be consistent in your 'right' process.
If price movements can really be predicted off via means of those analysis you had made then most of traders wont really be making money at all.The market is composed of buyers and sellers
and if someone do makes money then the other side lost its money.It all matters with the supply and demand thing or simply saying about economics class.
When it comes to probabilities then there would be only 2 paths which is either rise or fall on the entry point that you had made but as said that chances for you to make out your own
decisions and plans for it to success will really vary on how you do make out those presumptions.It might not be precise but due to experience or do deal with the market
in constant manner where you can somewhat familiarize these situations.
Consistency and self-discipline and dedication would really be the key for you to sustain into this unpredictable market!
There is not certainty on cryptocurrencies that's why you have to put any amount you can avoid to lose!!! There is not 100% assurance when it comes to cryptocurrencies that's why you should learn about risk management before you start trading. If there is certainty everybody will have been very rich.
Basically cryptocurrency are not have strong fundamental and less holders, so it will have greater chance to be manipulated especially centralized crypto. You'll often seeing pump and dump scheme when you're doing trading with altcoin rather than Bitcoin.
Predictions, signs and charting are not 100% same like market does.
Predictions, signs and charting are not 100% same like market does.
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