Trading is unpredictable job. - page 112.

electronicash

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Quote from: wxa7115 on November 25, 2016, 05:26:15 PM

Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

I would not call growing your money through trading as doing nothing since you need to do a carefully analysis of the markets and then put your money behind your analysis, however I can understand the underlying feeling of your money somehow growing by itself.

Stick to the coins which usually moves up after the price stabilizes such as ETH and monero because they kept moving up after it goes down a bit. BTC price can be your indicator for this. Having to play with these coins though needs an amount of btc to gain substantial enough.

Mark02

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Quote from: d@nte on November 26, 2016, 06:46:02 PM

The problem is that many ignore the fact that, by learning more about the market and about trading tactics, it's possible to make good market projections and, of course, good trades.
I think that, despite the uncertainties in the market, there are many fundamentals and statistical analysis that can help the investor to better see what lies ahead...

Yeah. So, trading requires a deep knowledge about the movement of the price, having the skill and techniques that a true trader does. Follow what's his plan rather than his/her feelings. He is disciplined and patient when the movement of coins are passive. In short, being a trader requires a lot of skill attitude and techniques in order to become a successful one.

d@nte

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The problem is that many ignore the fact that, by learning more about the market and about trading tactics, it's possible to make good market projections and, of course, good trades.
I think that, despite the uncertainties in the market, there are many fundamentals and statistical analysis that can help the investor to better see what lies ahead...

goldcoinminer

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Quote from: wxa7115 on November 25, 2016, 05:26:15 PM

Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

I would not call growing your money through trading as doing nothing since you need to do a carefully analysis of the markets and then put your money behind your analysis, however I can understand the underlying feeling of your money somehow growing by itself.

You can call it growing your money if you are doing the right thing to succeed. Trading is also gambling but we have a bigger chance to win as we can study in advance and analyze the market before we make a decision.

wxa7115

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Bitcoin is GOD

Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

I would not call growing your money through trading as doing nothing since you need to do a carefully analysis of the markets and then put your money behind your analysis, however I can understand the underlying feeling of your money somehow growing by itself.

GregH37

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Quote from: traderethereum on November 24, 2016, 09:06:47 PM

better to choose the top 20 of altcoin like crairezx20 and make some analysis to buy because we don't know what will be the future of the new coins and beside that only the market will give the answer, its good or not, and we can make a buy of that new coins if the coins is really good.

Yes that is right to say but I think you can still get information from about the coin in which you are going to invest, as the staff the coin has to provide information about the coin for their advertisement, for this purpose most of the alt coins launch a signature campaign so as to attract the member to invest in new launched alt coin.

Natalim

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Quote from: traderethereum on November 24, 2016, 09:06:47 PM

Quote from: crairezx20 on November 24, 2016, 12:58:02 PM

Quote from: romero121 on November 24, 2016, 12:26:36 PM

Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

Having a close observation over the price movement is the one that is much needed as most users quoted. Also another important thing is the capital investment, if good capital is there sure can make a worthy earning even during the days when bitcoin price experiences very minor fluctuations.

Well almost cryptocurrency are unpredictable but it is risky if you invest in new altcoin if you did not analyze it first knowing about the security people who are managing and if they are not lying.. before you can start to invest.. not only in bitcoin..
For safety for me better to choose altcoin in top 20 those altcoin are strong that i think it can alive for a long time if you have a patience you can make a good profit..

better to choose the top 20 of altcoin like crairezx20 and make some analysis to buy because we don't know what will be the future of the new coins and beside that only the market will give the answer, its good or not, and we can make a buy of that new coins if the coins is really good.

That's so much to handle dude, 20 altcoins is like you will be focusing your time in trading. You still have a life, how can you enjoy your profit when you are working every time. I guess to have a balance life and at the same time you cannot sacrifice your job, just focus on less than 10 atlcoins, you still have a decent profit, depends on how much you will put.

traderethereum

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Quote from: crairezx20 on November 24, 2016, 12:58:02 PM

Quote from: romero121 on November 24, 2016, 12:26:36 PM

Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

Having a close observation over the price movement is the one that is much needed as most users quoted. Also another important thing is the capital investment, if good capital is there sure can make a worthy earning even during the days when bitcoin price experiences very minor fluctuations.

Well almost cryptocurrency are unpredictable but it is risky if you invest in new altcoin if you did not analyze it first knowing about the security people who are managing and if they are not lying.. before you can start to invest.. not only in bitcoin..
For safety for me better to choose altcoin in top 20 those altcoin are strong that i think it can alive for a long time if you have a patience you can make a good profit..

better to choose the top 20 of altcoin like crairezx20 and make some analysis to buy because we don't know what will be the future of the new coins and beside that only the market will give the answer, its good or not, and we can make a buy of that new coins if the coins is really good.

crairezx20

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Quote from: romero121 on November 24, 2016, 12:26:36 PM

Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

Having a close observation over the price movement is the one that is much needed as most users quoted. Also another important thing is the capital investment, if good capital is there sure can make a worthy earning even during the days when bitcoin price experiences very minor fluctuations.

Well almost cryptocurrency are unpredictable but it is risky if you invest in new altcoin if you did not analyze it first knowing about the security people who are managing and if they are not lying.. before you can start to invest.. not only in bitcoin..
For safety for me better to choose altcoin in top 20 those altcoin are strong that i think it can alive for a long time if you have a patience you can make a good profit..

romero121

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Quote from: electronicash on November 24, 2016, 11:18:59 AM

Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

Having a close observation over the price movement is the one that is much needed as most users quoted. Also another important thing is the capital investment, if good capital is there sure can make a worthy earning even during the days when bitcoin price experiences very minor fluctuations.

electronicash

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Activity: 3248

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Quote from: wxa7115 on November 24, 2016, 11:08:47 AM

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. Grin

wxa7115

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Bitcoin is GOD

Quote from: Mirardowyn on November 23, 2016, 09:26:38 PM

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

raven7886

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Quote from: Xenophoto on November 23, 2016, 07:45:16 AM

I'm not sure if luck is actually involved in trading because there's an explanation behind the market movements. When the coin dies, it's because the coin was a failure and the dev wasn't able to revive the coin. When the coin's price increases, it's because there's a good target market or it's because people have been promoting it a lot. There's a law of supply & demand to support what's happening with the price of the coin. It's not like gambling wherein the website simply generates a number and that decides if you're going to have positive profit or lose your money. Trading is based on the buyers/sellers and not luck.

I think luck is one of the most important factor of trading also.
Without luck you cannot make money in trading, although your experience your knowledge and your skill of trading also work but to me if you have all these things but you do not have luck then you cannot make money in trading for making money you must be a extremely lucky person.

Positid

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Quote from: deisik on November 24, 2016, 05:37:33 AM

Quote from: TDutch on November 24, 2016, 04:47:06 AM

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

Most people who are proudly calling themselves traders are not like that. They would be just waiting out the bad times till the price rebounds. and they are able sell at a profit. With Bitcoin, it usually works out just fine at the end of the day (unless you bought your bitcoins in late 2013 at over $1,000 per coin, of course), but with altcoins that might be and most likely is fatal, given that the total majority of these "coins" are outright scams...

Which all without exception eventually end up at 1 satoshi

But there are still people who like to play with alts and actually they are making money since they have a good skills to do the right timing. Therefore for overall, a trader's skills can be determine not only because of one asset but base on different assets like trading with alts and bitcoins.

It has different market so you will be tested if you can succeed or not.

deisik

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Quote from: TDutch on November 24, 2016, 04:47:06 AM

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

Most people who are proudly calling themselves traders are not like that. They would be just waiting out the bad times till the price rebounds. and they are able sell at a profit. With Bitcoin, it usually works out just fine at the end of the day (unless you bought your bitcoins in late 2013 at over $1,000 per coin, of course), but with altcoins that might be and most likely is fatal, given that the total majority of these "coins" are outright scams...

Which all without exception eventually end up at 1 satoshi

iamTom123

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The main reason why it is unpredictable is because it is volatile that anytime it can go up or down and for many times the capacity of the human brain to predict its exact movement may not matched the situation. However, its volatility is the reason why it can be profitable. All good traders know this fact and for newbies (just like me) the market can kill us anytime.

TDutch

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The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

bamboylee

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Quote from: danherbias07 on November 23, 2016, 11:42:51 PM

Quote from: TravisNeko on November 23, 2016, 11:06:21 PM

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

Short term profits. Yes that is true and that is how I loved trading. Just a lttle movement makes you a lot of money if you got the right prediction. But OP is right it is unpredictable so I think it will still depend on your instincts.

It is not just instinct. It is in your passion to continuously follow the news, constantly studying the chart and in your desire to win in trading. Discipline is also needed so you will not panic sell or be too greedy. Hardwork is also needed even on trading. That is the way to make money in trading.

Pursuer

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Quote from: mkmdoc on November 24, 2016, 02:38:30 AM

I hope many people know that trading is unpredictable job, but with price hike in bitcoin many showing interest towards trading in that some are doing altcoin trading, but what ever trading it is trading is always risky you have to be very smart when you are doing trading.

there are two reasons for that.
people are either desperate for ways of making profit whether it is more money or more bitcoin on what they already have. so they look for ways to make profit and since they can not find any good method they are left with trading only.

or it is what you said, when they see a price rise they see opportunity and they rush to buy (panic buying, fear of missing out) and they find themselves in a market that they do not know anything about. and then soon after they start panic selling because there was a small drop or even some FUD on a forum somewhere.

Caladonian

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Quote from: mkmdoc on November 24, 2016, 02:38:30 AM

I hope many people know that trading is unpredictable job, but with price hike in bitcoin many showing interest towards trading in that some are doing altcoin trading, but what ever trading it is trading is always risky you have to be very smart when you are doing trading.

much better to have good education before entering this business the more you understand the more you can easy to pick which trade is good to support its hard if you don't have proper education about it.

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