Trading is unpredictable job. - page 107.

jossiel

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Quote from: maydna on December 18, 2016, 11:38:04 PM

Quote from: lakisis on December 17, 2016, 04:29:48 PM

Quote from: iqlimasyadiqa on December 05, 2016, 11:11:00 AM

trading is a very challenging job and also bring in huge profits. trading the same as an ordinary job. we must focus and continue to work with passion to get the desired results. trading is a normal job. we could be happy with being a traders.

yeah trading is really challenging job and there is all people trying to bring a huge profit and i think you should need a good knowledge about trading and first of all you will focus on that which currency is strong and secure than we can trade with it.

i agree with this and with an update for the price we can make profit and i think trading can be manage from unpredictable job into predictable job because we can have an update so we don't late to know any movements from the market. and yes, we must stay focus with the coins we've selected so we can make the update is work for us and we can know all the happen with the coins.

I don't think that it is acceptable to make trading from unpredictable job to predictable job. Even though anyone can simply predict what will happen for certain charts of alt coins.

Still this is not going be applicable because all predictions are not even reliable because sometimes predictions are failing too.

maydna

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Quote from: lakisis on December 17, 2016, 04:29:48 PM

Quote from: iqlimasyadiqa on December 05, 2016, 11:11:00 AM

trading is a very challenging job and also bring in huge profits. trading the same as an ordinary job. we must focus and continue to work with passion to get the desired results. trading is a normal job. we could be happy with being a traders.

yeah trading is really challenging job and there is all people trying to bring a huge profit and i think you should need a good knowledge about trading and first of all you will focus on that which currency is strong and secure than we can trade with it.

i agree with this and with an update for the price we can make profit and i think trading can be manage from unpredictable job into predictable job because we can have an update so we don't late to know any movements from the market. and yes, we must stay focus with the coins we've selected so we can make the update is work for us and we can know all the happen with the coins.

JeffBrad12

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Quote from: rizkyhiw on December 18, 2016, 07:45:16 PM

Quote from: PokerFace3 on December 18, 2016, 03:29:12 PM

Quote from: ged00u on December 18, 2016, 04:30:17 AM

Traders also need ability to read and understand news

I guess with the capability to interpret the news in the right manner will be more than enough to make trading predictable job. Yes, Forex trading is of this kind if we are able to analyze the news and its outcome then we can make huge amounts of profits by predicting the right price movements.

Predictable means 100% correct , so how much percentage your prediction accuracy after reading and understanding all the news?
I believe it's just far below 100%! Nothing can predicted 100% correctly in trading
That's why some people consider trading as part of gambling too
It's not predictable , people just trying to make a speculation and predict the market which mostly get it wrong.

None, It seems like AUGUR weren't getting such a negative impact just caused by the bad news. All of the percentages was none, no one can actually give a clear prediction about that. All were depending with the speculation.
So what's wrong with the people's speculation?

buwaytress

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Even the most informed and advised people can have a high degree of accuracy in prediction but get caught out by the crazy swings or the odd inexplicable jolt common in currency and cryptocurrency markets.

The only way to consistently profit from trading is to be a broker to earn from commission from orders or to get paid for your advice. I envy bankers and finance ppl... just get salaries and bonuses and signal fees, regardless of outcomes.

rizkyhiw

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Quote from: PokerFace3 on December 18, 2016, 03:29:12 PM

Quote from: ged00u on December 18, 2016, 04:30:17 AM

Traders also need ability to read and understand news

I guess with the capability to interpret the news in the right manner will be more than enough to make trading predictable job. Yes, Forex trading is of this kind if we are able to analyze the news and its outcome then we can make huge amounts of profits by predicting the right price movements.

Predictable means 100% correct , so how much percentage your prediction accuracy after reading and understanding all the news?
I believe it's just far below 100%! Nothing can predicted 100% correctly in trading
That's why some people consider trading as part of gambling too
It's not predictable , people just trying to make a speculation and predict the market which mostly get it wrong.

PokerFace3

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Quote from: ged00u on December 18, 2016, 04:30:17 AM

Traders also need ability to read and understand news

I guess with the capability to interpret the news in the right manner will be more than enough to make trading predictable job. Yes, Forex trading is of this kind if we are able to analyze the news and its outcome then we can make huge amounts of profits by predicting the right price movements.

warwar

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Quote from: daringdiscovered on December 18, 2016, 05:54:46 AM

Quote from: icecube45 on December 18, 2016, 02:26:54 AM

Quote from: lakisis on December 17, 2016, 04:29:48 PM

Quote from: iqlimasyadiqa on December 05, 2016, 11:11:00 AM

trading is a very challenging job and also bring in huge profits. trading the same as an ordinary job. we must focus and continue to work with passion to get the desired results. trading is a normal job. we could be happy with being a traders.

yeah trading is really challenging job and there is all people trying to bring a huge profit and i think you should need a good knowledge about trading and first of all you will focus on that which currency is strong and secure than we can trade with it.

Yes, trade is a challenging job because we could had higher profits. But it was not easy, we must have good skills in order to gain profits in trade. Very difficult to always profit in trading, even professional traders sometimes been a loss in trade. That's what makes trading very challenging because it is very difficult to pursue profit. The most important thing to me is how to keep the amount of gain is greater than the amount of the loss. It takes a good strategy and skill to achieve it, the trade is very difficult to predict.

I agree, trading is really unpredictable. There are many factors why it is unpredictable. There are trolls out there who keeps spreading news and ruin your strategy in trading. And others dumps hard that it will tempt us to panic sell. It is up to us how to handle and overcome those factors to be successful and earn profit in trading.

Well i do agree one of those factors is the dumping lot of the traders new traders will be panic to sell their coins because of the dump of the coin and tempted to sell it at low price as my self im one of it but not im not like that waiting is a virtue so thats why you can earn more profit/

daringdiscovered

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Quote from: icecube45 on December 18, 2016, 02:26:54 AM

Quote from: lakisis on December 17, 2016, 04:29:48 PM

Quote from: iqlimasyadiqa on December 05, 2016, 11:11:00 AM

trading is a very challenging job and also bring in huge profits. trading the same as an ordinary job. we must focus and continue to work with passion to get the desired results. trading is a normal job. we could be happy with being a traders.

yeah trading is really challenging job and there is all people trying to bring a huge profit and i think you should need a good knowledge about trading and first of all you will focus on that which currency is strong and secure than we can trade with it.

Yes, trade is a challenging job because we could had higher profits. But it was not easy, we must have good skills in order to gain profits in trade. Very difficult to always profit in trading, even professional traders sometimes been a loss in trade. That's what makes trading very challenging because it is very difficult to pursue profit. The most important thing to me is how to keep the amount of gain is greater than the amount of the loss. It takes a good strategy and skill to achieve it, the trade is very difficult to predict.

I agree, trading is really unpredictable. There are many factors why it is unpredictable. There are trolls out there who keeps spreading news and ruin your strategy in trading. And others dumps hard that it will tempt us to panic sell. It is up to us how to handle and overcome those factors to be successful and earn profit in trading.

ged00u

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Quote from: delliaerd on December 17, 2016, 02:07:17 AM

Obviously, Method, money and mind are important things that you need. Also in my opinion, you should have a strategy to face the fluctuations of bitcoin too. Buy when the price is low and sell it when the price is growing up. The unpredictable of trading enforcers you to have B plan if the price suddenly down and looking for the news of bitcoins world update.

It is not only about Bitcoin. Good traders are very flexible in changing currencies in order to adapt with new situation. They do not have plan A or plan B, they have thousand of plans there. Method, money, mind, especially knowledge will help them to avoid unpredictable events. Traders also need ability to read and understand news

icecube45

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Quote from: lakisis on December 17, 2016, 04:29:48 PM

Quote from: iqlimasyadiqa on December 05, 2016, 11:11:00 AM

trading is a very challenging job and also bring in huge profits. trading the same as an ordinary job. we must focus and continue to work with passion to get the desired results. trading is a normal job. we could be happy with being a traders.

yeah trading is really challenging job and there is all people trying to bring a huge profit and i think you should need a good knowledge about trading and first of all you will focus on that which currency is strong and secure than we can trade with it.

Yes, trade is a challenging job because we could had higher profits. But it was not easy, we must have good skills in order to gain profits in trade. Very difficult to always profit in trading, even professional traders sometimes been a loss in trade. That's what makes trading very challenging because it is very difficult to pursue profit. The most important thing to me is how to keep the amount of gain is greater than the amount of the loss. It takes a good strategy and skill to achieve it, the trade is very difficult to predict.

clickerz

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Quote from: salmanahmedone on December 18, 2016, 12:21:53 AM

Updating the price every day could help you to know the price movement like you can know if it is stable on the amount now or not. This way you cam make better decsion in buying / selling.

That is correct, as long as you monitor from day to day, until you know the price movement that is the way you can make a wise decision in making your trade. Also if you want to to the study, there people whom you can trust especially on stock trading, there are stock brokers that will do study for you

salmanahmedone

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Quote from: BlackPanda on December 11, 2016, 08:37:32 PM

Quote from: dhampir-D on December 10, 2016, 06:46:43 PM

The hard part is certainly having the right timing, to buy at the lowest possible price, and sell at the best rates. This requires knowledge, so it's necessary to put some effort into it. Experience also helps... after a good time trading it is possible to change the perception of things and make better trades.

therefore we must continue to noticed price movements in different bitcoin exchange. with it we will be helped and could see that the price of bitcoin increase or decrease. see from experience that never was too old holding bitcoin in the wallet.

Updating the price every day could help you to know the price movement like you can know if it is stable on the amount now or not. This way you cam make better decsion in buying / selling.

lakisis

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Quote from: iqlimasyadiqa on December 05, 2016, 11:11:00 AM

trading is a very challenging job and also bring in huge profits. trading the same as an ordinary job. we must focus and continue to work with passion to get the desired results. trading is a normal job. we could be happy with being a traders.

yeah trading is really challenging job and there is all people trying to bring a huge profit and i think you should need a good knowledge about trading and first of all you will focus on that which currency is strong and secure than we can trade with it.

deisik

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Quote from: morantis on December 17, 2016, 01:47:29 AM

Quote from: deisik on December 09, 2016, 09:14:32 AM

Quote from: morantis on December 09, 2016, 03:27:47 AM

Quote from: Natalim on December 09, 2016, 03:23:05 AM

Quote from: Coinduet on December 09, 2016, 02:45:01 AM

I don't know how much true your opinion! But I see some people they are not lose there Bitcoin on trading.I read a tutorial that be confident me. This is the the link: http://coinduet.com/index.php?p=/discussion/29/how-profitable-it-is-automated-bitcoin-trading#latest

There are actually some people who are successful in trading and also you do failed to credit that there also traders who failed. With that being said, we can tell that trading is not for everyone and since it's very unpredictable you have to be skilled enough to read the market movement to make the right prediction and be profitable.

I think that "unpredictable" is perhaps a slightly wrong term....technically, given enough data and enough "processing power" so to speak, the human brain could predict every moment in the market, it is controlled by people, that while they may seem illogical, do follow a course of action that could be predicted. By the same token, a smart enough human could predict exactly where a dropped marble would end up based on the myriad of physics vectors in the room. it is predictable, just beyond our scope

I think it is impossible to do with whatever "processing power" you might have

Nassim Taleb described this very well in his book on Black Swans. In short, with ever increasing processing power you will be unsuccessfully analyzing small changes that will cause dramatic effects (see Butterfly Effect). I could also add that even if you could somehow address that issue, purely hypothetically, you still wouldn't be able to completely analyze your own impact on the market (since it is assumed that you will be actively participating in it yourself)

it's a trap of a statement, nothing is impossible given enough processing power because there is absolutely nothing random

You obviously miss the whole point

This has nothing to do with whether everything is random, something is random, or nothing is random at all. Randomness or degree thereof is irrelevant since you are part of the causal chain, and even if you had an infinite processing power, you would still be part of this causal chain. Ultimately, you will have to take into account the effects of your own calculations propagating through the world, and then you get instantly stuck in an infinite recursion. In other words, with your infinite processing power, you will face difficulties of higher orders, i.e. more infinite than the infinity of the processing power you might ever have. You can't escape from this while you are part of the system or your actions, however slight, affect it

delliaerd

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Obviously, Method, money and mind are important things that you need. Also in my opinion, you should have a strategy to face the fluctuations of bitcoin too. Buy when the price is low and sell it when the price is growing up. The unpredictable of trading enforcers you to have B plan if the price suddenly down and looking for the news of bitcoins world update.

morantis

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Quote from: deisik on December 09, 2016, 09:14:32 AM

Quote from: morantis on December 09, 2016, 03:27:47 AM

Quote from: Natalim on December 09, 2016, 03:23:05 AM

Quote from: Coinduet on December 09, 2016, 02:45:01 AM

I don't know how much true your opinion! But I see some people they are not lose there Bitcoin on trading.I read a tutorial that be confident me. This is the the link: http://coinduet.com/index.php?p=/discussion/29/how-profitable-it-is-automated-bitcoin-trading#latest

There are actually some people who are successful in trading and also you do failed to credit that there also traders who failed. With that being said, we can tell that trading is not for everyone and since it's very unpredictable you have to be skilled enough to read the market movement to make the right prediction and be profitable.

I think that "unpredictable" is perhaps a slightly wrong term....technically, given enough data and enough "processing power" so to speak, the human brain could predict every moment in the market, it is controlled by people, that while they may seem illogical, do follow a course of action that could be predicted. By the same token, a smart enough human could predict exactly where a dropped marble would end up based on the myriad of physics vectors in the room. it is predictable, just beyond our scope

I think it is impossible to do with whatever "processing power" you might have

Nassim Taleb described this very well in his book on Black Swans. In short, with ever increasing processing power you will be unsuccessfully analyzing small changes that will cause dramatic effects (see Butterfly Effect). I could also add that even if you could somehow address that issue, purely hypothetically, you still wouldn't be able to completely analyze your own impact on the market (since it is assumed that you will be actively participating in it yourself)

it's a trap of a statement, nothing is impossible given enough processing power because there is absolutely nothing random

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Quote from: BlackPanda on December 11, 2016, 08:37:32 PM

Quote from: dhampir-D on December 10, 2016, 06:46:43 PM

The hard part is certainly having the right timing, to buy at the lowest possible price, and sell at the best rates. This requires knowledge, so it's necessary to put some effort into it. Experience also helps... after a good time trading it is possible to change the perception of things and make better trades.

therefore we must continue to noticed price movements in different bitcoin exchange. with it we will be helped and could see that the price of bitcoin increase or decrease. see from experience that never was too old holding bitcoin in the wallet.

The price is a good buy if you consider doing it, why would you expect to see a lower price when we can hold it and wait for the future to increase more. What if the price will not drop anymore?

BlackPanda

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Quote from: dhampir-D on December 10, 2016, 06:46:43 PM

The hard part is certainly having the right timing, to buy at the lowest possible price, and sell at the best rates. This requires knowledge, so it's necessary to put some effort into it. Experience also helps... after a good time trading it is possible to change the perception of things and make better trades.

therefore we must continue to noticed price movements in different bitcoin exchange. with it we will be helped and could see that the price of bitcoin increase or decrease. see from experience that never was too old holding bitcoin in the wallet.

Superzpay

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Quote from: deisik on December 10, 2016, 07:54:09 PM

Quote from: dhampir-D on December 10, 2016, 06:46:43 PM

The hard part is certainly having the right timing, to buy at the lowest possible price, and sell at the best rates. This requires knowledge, so it's necessary to put some effort into it. Experience also helps... after a good time trading it is possible to change the perception of things and make better trades.

To be honest, I think that the best contributing factor to profitable trading is not perfect timing, deep knowledge, vast experience and all such things but rather simple and straightforward growth in price, so you can safely buy a pile of bitcoins and then start selling them in small portions till you eventually run out of coins...

Then rinse, repeat

But if a time come when the price do not rise continuously then the traders need to take advantage of the fluctuations in the price of assets especially in bitcoin usually the fluctuations are more obvious in bitcoin and a well experienced trader can easily earn a good profit in the time of somewhat stability.

wildworld

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the stock market is unpredictable, that's true!
For me the most important thing during the day are my charts and stock market news.
In my home I have a room with 10 flat-screen TV to follow my charts.
I follow everything closely and knows when the right time has come to buy or sell.
It is unpredictable but if you use the right analys you avoid surprises!

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