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Topic: Trading is unpredictable job. - page 125. (Read 235966 times)

sr. member
Activity: 364
Merit: 250
October 17, 2016, 09:06:13 AM
If you are talking about crypto trading yes it is unpredictable, no limits up/down , you may end up broke, thats why if you want to trade every single day you have to read first everything about the coin you wanna play with, then read the charts and try to find some info about a possible price rise or fall
Well you dont have to panic , so this means you have to trade with what you afford to lose, if not ...you cant avoid it!
my conclusion is if you dont have the time to watching the markets/news 24/7 and you dont have a group to discuss and do some co-work, then you gonna need a bot save your from a down trend and limit your loss,

P.S trade bot is another story (how to set it up) and be trusthworthy with your folio!

There are no price movement every day for altcoins. if there is its just cents which may not affect much unless you have hundreds of thousands for decent profit.
you'd rather go forex or stock market if you wanna do it everyday and treat it like its your business.
Tradings are one of the biggest unpredictable things witht the bitcoin for sure becuase you will never know what the price of the bitcoin will do so that
makes it very unpredictable.
hero member
Activity: 868
Merit: 506
October 17, 2016, 07:26:02 AM
no i am not agree with this statement to me trading is really predictable but yo need to have some skill and experience of trading and only then you can predict about trading.

Well I guess it is unpredictable when many times charting analysis don't have any effects and is not working much. Except when there are coin developments and updates that it expects to increase its value. Also ICOs on promising coins always deliver as expected. But who would've expect some coins to increase like more than 20 folds. Cheesy
member
Activity: 68
Merit: 10
October 17, 2016, 07:04:49 AM
no i am not agree with this statement to me trading is really predictable but yo need to have some skill and experience of trading and only then you can predict about trading.
member
Activity: 119
Merit: 100
October 17, 2016, 03:05:21 AM
Even if you have great self control trading will make you forget it. I am talking from personal experience here, I remember very well when I was trading and I couldn't even sleep at night. At 2 am in the morning I used to woke up and to check my positions in trading. That's how obsessed with trading I was and that lead me to losing everything. Now its been about 3 years I have fully recovered from this disease as that's what I will call it, a big disease. I want to tell anyone to stop trading as you will never come on top of that no matter how skillful you are. Ask yourself a simple question , if trading was so profitable for the traders would there be so many trading houses and websites out there ? I don't think so. Trading truly is unpredictable.
Tradings is one of the most unpredictable thing with the bitcoin becuase i know for sure that other people are not usng the bitcoin for trades bec
ause they dont know how to use it !
legendary
Activity: 3234
Merit: 1214
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October 17, 2016, 03:01:48 AM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.
so true . trading is usual jobs. everyone has weaknesses and strengths of each. some people have different capabilities.
I start trading with a capital of only 0.1 BTC and now I trade more than 1 BTC per day. it is a miracle.

That's good. The thing is that you might have spend lots of time on trading similar to that in a day job. Even in such a way it could have taken long time to reach 1btc trade volume per day. Now most users consider it a secondary earning source so rarely such miracle happens to users.
sr. member
Activity: 260
Merit: 250
October 17, 2016, 02:57:29 AM
I heard a lot about trading and mostly it was about that trading is the best way to make your botcoins work on you. But I still didn't try to trade, I have a wish, just looking for something checked and save. I am not a professional as you can see. On this forum there are tans of information about trading and from this you can find which areas for trading more or less predictive.
Tradings are really unpredictable because you will never know what the price of the bitcoin will do in the future and not what it will do right after
your trade and that makes it not really easy.
sr. member
Activity: 364
Merit: 250
October 17, 2016, 02:33:19 AM
True. in fact according to statistics 90% of traders loose money in their first months but that is because they don't play with rules.
it doesn't matter whether you do it with binary, pump and dump or simply on forex trading.  Trading strategy is a bonus but what you need is the control.

if you just trade during the obvious trend, then you can win almost hundred percent of your trading rate. so if you enter to trade position and you don't know why you are buying or selling at such price, you better get out. and not trade at all. but instead wait for the obvious pattern or pump and dump.

I'm doing this for penny stock trading but this principle also applies to crypto currency trading.
check here for beginners https://www.youtube.com/watch?v=HiY2OJZQLXc
the predictings of the tradings are really difficult becuase you will never know what the price of the bitcoin will do so that is why it makes trades such an unpredictable thing.
sr. member
Activity: 364
Merit: 250
October 17, 2016, 02:33:16 AM
With altcoin or bitcoin trading, the good thing is that you don't need a lot of capital to start with, and the fees are pretty damn small.  You also have a good number of exchanges to pick from.

You always have to have a handle on your emotions when you're trading anything,  and I think it's especially hard in the crypto world.  Prices of altcoins can bounce so much that you can lose your lunch while you're waiting to make a profit.  It's definitely high risk.  I wouldn't be brave enough to try it for long.
If you want to go trade you need to make sure you have enough backup to do it becuase lots of people are getting poor becuase they ar enot trading the right way becuase that is not easy,
legendary
Activity: 3248
Merit: 1160
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October 17, 2016, 01:52:56 AM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.
so true . trading is usual jobs. everyone has weaknesses and strengths of each. some people have different capabilities.
I start trading with a capital of only 0.1 BTC and now I trade more than 1 BTC per day. it is a miracle.
That's too impressive dude, with 0.1 you have increase your capital into a considerable amount of money, I am sure that is not that easy because you have to work hard for you to achieve that level, easy money as they say but in trading it requires good skills to succeed.
legendary
Activity: 1162
Merit: 1000
October 17, 2016, 12:47:54 AM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.
so true . trading is usual jobs. everyone has weaknesses and strengths of each. some people have different capabilities.
I start trading with a capital of only 0.1 BTC and now I trade more than 1 BTC per day. it is a miracle.
sr. member
Activity: 756
Merit: 294
October 16, 2016, 11:44:57 PM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

But i will not agree that trade is unpredictable as if a person will get experience in trade and that person will learn about different assets and will not invest in new comers then he will be able to predict that what will happen to that particular asset.
yes i also agree with you that if you have good experience in gambling then you can really predict about trading but if you do not have any experience and skill of trading then you cannot predict about trading.
We are trading because we want to invest in ourselves, and to be successful we need to train ourselves to learn all the necessary information as a basis of our decision making, experience will be earn if we do it regularly, and in the long run we will be able to analyze well the right prediction is we keep learning from our mistakes in the past.

That is right - when we trade, we either win or learn. There will be some losing trade from time to time but along the way and when you get the hang of it, you will have more winning trades than losing trades. When you are experienced enough, you will know how to control yourself when there is an immediate pump - by then, you will know where t position yourself for profit.
hero member
Activity: 952
Merit: 500
October 16, 2016, 09:56:23 PM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

But i will not agree that trade is unpredictable as if a person will get experience in trade and that person will learn about different assets and will not invest in new comers then he will be able to predict that what will happen to that particular asset.
yes i also agree with you that if you have good experience in gambling then you can really predict about trading but if you do not have any experience and skill of trading then you cannot predict about trading.
We are trading because we want to invest in ourselves, and to be successful we need to train ourselves to learn all the necessary information as a basis of our decision making, experience will be earn if we do it regularly, and in the long run we will be able to analyze well the right prediction is we keep learning from our mistakes in the past.
member
Activity: 84
Merit: 10
October 16, 2016, 04:09:16 PM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

But i will not agree that trade is unpredictable as if a person will get experience in trade and that person will learn about different assets and will not invest in new comers then he will be able to predict that what will happen to that particular asset.
yes i also agree with you that if you have good experience in gambling then you can really predict about trading but if you do not have any experience and skill of trading then you cannot predict about trading.
hero member
Activity: 1022
Merit: 521
October 16, 2016, 03:39:47 PM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

But i will not agree that trade is unpredictable as if a person will get experience in trade and that person will learn about different assets and will not invest in new comers then he will be able to predict that what will happen to that particular asset.
full member
Activity: 151
Merit: 100
October 16, 2016, 01:18:11 PM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time
yes that is right that trading is unpredictable but for those who have no experience and having no skill of trading as there are so many people who are really good in trading. and their prediction in trading is also very good.

Even if you have alot of experience in trading, there will still come a time where you will be surprised with the result.  With all the data and statistics in hand, there is always this X variable that makes trading unpredictable.  Some of which are unannounced people getting involved in the game, some big share of stocks suddenly being dump and alot more.

There are too many black swan events and the market is manipulated by very few rich people.
legendary
Activity: 3010
Merit: 1280
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October 16, 2016, 12:49:37 PM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time
yes that is right that trading is unpredictable but for those who have no experience and having no skill of trading as there are so many people who are really good in trading. and their prediction in trading is also very good.

Even if you have alot of experience in trading, there will still come a time where you will be surprised with the result.  With all the data and statistics in hand, there is always this X variable that makes trading unpredictable.  Some of which are unannounced people getting involved in the game, some big share of stocks suddenly being dump and alot more.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 16, 2016, 10:58:03 AM
Of course trading is one of the hardest job in the world especially if you are going to make it as the main source of your income.

Since we don't have prediction and we don't know what are going to happen for the price of the alt coins and even with bitcoin so if you are a trader.

Then you have a unstable job but once you are going to have successful trades then for sure you are going to have good outcome.
Trading is hard no doubt about it but is not as hard as it may seem, you need the right knowledge and rules and if you have some natural instinct for it, it can make you a good amount of money.
You are stating about trading in an emotional way, but personally I believe that will not work all the time.
Because predicting the direction of market movement in natural instinct way, might get failed over time. Your emotions will not work all the time in a similar manner. Having right skills to trade would be the right approach in my personal opinion.
I was not talking about trading in an emotional way, maybe I did not express myself very clearly, what I meant is that there are some people that naturally are able to grasp difficult concepts with ease in a particular field of knowledge, for example there are people which are very good at math without doing any effort, they just get it.
member
Activity: 84
Merit: 10
October 16, 2016, 08:42:22 AM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time
yes that is right that trading is unpredictable but for those who have no experience and having no skill of trading as there are so many people who are really good in trading. and their prediction in trading is also very good.
hero member
Activity: 2128
Merit: 520
October 16, 2016, 07:46:02 AM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

When you always make a trade, you will eventually be well aware as to the timing on when to buy and sell. In the process, you will have many losses - the same thing even if you are well experienced already, you will still encounter losses. However, when you are quite veteran already in trading, you know what to do in order for you to get more chances of winning Smiley
that's right minimizing losses and maximizing profits that's the advantage of pro , just hoping to be like them so i keep on studying and trying to chase all the info that i can have coming from this forum to increase my chances.
sr. member
Activity: 756
Merit: 294
October 16, 2016, 07:44:01 AM
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

When you always make a trade, you will eventually be well aware as to the timing on when to buy and sell. In the process, you will have many losses - the same thing even if you are well experienced already, you will still encounter losses. However, when you are quite veteran already in trading, you know what to do in order for you to get more chances of winning Smiley
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