Trading is unpredictable job. - page 131.

dunfida

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Quote from: stadus on October 08, 2016, 01:40:15 AM

Quote from: romero121 on October 07, 2016, 12:39:19 PM

Quote from: airezx20 on October 07, 2016, 11:43:43 AM

Quote from: Bitcoinbro on October 07, 2016, 03:26:10 AM

Trading is such an unpredictable job cause luck is involved and luck is not able to be predicted but ofcourse if you practiced alot and know how to analyze the market then trading is less unpredictable imo cause you replace some of the luck you need for the skill you have.

Yes luck plays a big role in trading i would say specially who is new to trading needs alot of luck because it takes time for him/her to learn the basics about the trading so definetily trading is an unpredictable jobs for new one but for experienced ones its not that much unpredictable.

Whether one is new to trading or experienced, bitcoin trading is always unpredictable. None is sure about the price increase or decrease, based upon the price movement one needs to make closer prediction and need to involve into trading. At times even such close predictions leads to loss, so trading is cent percent an unpredictable job.

That is already widely known if you are a legitimate trader, the first thing you will study is on the volatility of the price of bitcoin because as day trader that is important to you on your decision making, it is just all about guessing the right price increase for the day and if you are good on it for sure you will make money.

No one really good at guessing and it would really need luck together when you are making decisions on doing trading and if the price would favor on your side then for sure you would gain profits with it. Trading is truly an unpredictable job because price is moving in anyway.

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Quote from: romero121 on October 07, 2016, 12:39:19 PM

Quote from: airezx20 on October 07, 2016, 11:43:43 AM

Quote from: Bitcoinbro on October 07, 2016, 03:26:10 AM

Trading is such an unpredictable job cause luck is involved and luck is not able to be predicted but ofcourse if you practiced alot and know how to analyze the market then trading is less unpredictable imo cause you replace some of the luck you need for the skill you have.

Yes luck plays a big role in trading i would say specially who is new to trading needs alot of luck because it takes time for him/her to learn the basics about the trading so definetily trading is an unpredictable jobs for new one but for experienced ones its not that much unpredictable.

Whether one is new to trading or experienced, bitcoin trading is always unpredictable. None is sure about the price increase or decrease, based upon the price movement one needs to make closer prediction and need to involve into trading. At times even such close predictions leads to loss, so trading is cent percent an unpredictable job.

That is already widely known if you are a legitimate trader, the first thing you will study is on the volatility of the price of bitcoin because as day trader that is important to you on your decision making, it is just all about guessing the right price increase for the day and if you are good on it for sure you will make money.

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Quote from: airezx20 on October 07, 2016, 11:43:43 AM

Quote from: Bitcoinbro on October 07, 2016, 03:26:10 AM

Trading is such an unpredictable job cause luck is involved and luck is not able to be predicted but ofcourse if you practiced alot and know how to analyze the market then trading is less unpredictable imo cause you replace some of the luck you need for the skill you have.

Yes luck plays a big role in trading i would say specially who is new to trading needs alot of luck because it takes time for him/her to learn the basics about the trading so definetily trading is an unpredictable jobs for new one but for experienced ones its not that much unpredictable.

Whether one is new to trading or experienced, bitcoin trading is always unpredictable. None is sure about the price increase or decrease, based upon the price movement one needs to make closer prediction and need to involve into trading. At times even such close predictions leads to loss, so trading is cent percent an unpredictable job.

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Quote from: Bitcoinbro on October 07, 2016, 03:26:10 AM

Trading is such an unpredictable job cause luck is involved and luck is not able to be predicted but ofcourse if you practiced alot and know how to analyze the market then trading is less unpredictable imo cause you replace some of the luck you need for the skill you have.

Yes luck plays a big role in trading i would say specially who is new to trading needs alot of luck because it takes time for him/her to learn the basics about the trading so definetily trading is an unpredictable jobs for new one but for experienced ones its not that much unpredictable.

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Quote from: BlockEye on October 07, 2016, 04:01:36 AM

It is definitely an unpredictable job ,because we dont longer know when a altcoin will pump or be dump and its also hard to predict if a coin will be on hot pairs and get its high price continously moving .So many unpredictable things happens on a coin and sometimes as we not expected a coin is being pump.

That's we need a closer price look if we are into altcoin trades. Price is more volatile there compare to bitcoin and fiat exchanges.

Other alts are easy to manipulate since their ICO price is so cheap.

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It is definitely an unpredictable job ,because we dont longer know when a altcoin will pump or be dump and its also hard to predict if a coin will be on hot pairs and get its high price continously moving .So many unpredictable things happens on a coin and sometimes as we not expected a coin is being pump.

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Trading is such an unpredictable job cause luck is involved and luck is not able to be predicted but ofcourse if you practiced alot and know how to analyze the market then trading is less unpredictable imo cause you replace some of the luck you need for the skill you have.

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Quote from: TraderETH on October 06, 2016, 11:44:59 PM

Quote from: sana54210 on October 06, 2016, 01:27:41 PM

Quote from: arseaboy on October 06, 2016, 12:25:23 PM

Quote from: wxa7115 on October 06, 2016, 10:31:20 AM

Quote from: HmmMAA on October 04, 2016, 12:51:36 PM

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must Wink

.

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

yes thats the point there if in first try it doesnt fit you don't cry try another one and make sure to make proper assessment so you won't missed good opportunity, hold if possible if you are just seeing some downfall its normal with trading but expect another rise so just keep and wait.

For keep on trying new things, we must need free assets to trade. Because, risking our own money is not that much good idea. Some exchanges are giving away free bitcoins and altcoins, we may make use of those for your idea of trying out new things.

But, without proper assessment we will not be able to find out the right opportunity. So, trying new things is always good in the search of a better opportunity.

Agree, using free assets to trade is best way for making profit on trading. We don't have a mental burden it will different if we use margin trading for example, our mind will be focus on our loans not on way of trading.

Actually I am not that good in trading. I was just curious how do we trade a free assets, that is something new to my mind. If you could explain further I would love to hear as also want to earn in trading not losing my own money.

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Quote from: sana54210 on October 06, 2016, 01:27:41 PM

Quote from: arseaboy on October 06, 2016, 12:25:23 PM

Quote from: wxa7115 on October 06, 2016, 10:31:20 AM

Quote from: HmmMAA on October 04, 2016, 12:51:36 PM

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must Wink

.

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

yes thats the point there if in first try it doesnt fit you don't cry try another one and make sure to make proper assessment so you won't missed good opportunity, hold if possible if you are just seeing some downfall its normal with trading but expect another rise so just keep and wait.

For keep on trying new things, we must need free assets to trade. Because, risking our own money is not that much good idea. Some exchanges are giving away free bitcoins and altcoins, we may make use of those for your idea of trying out new things.

But, without proper assessment we will not be able to find out the right opportunity. So, trying new things is always good in the search of a better opportunity.

Agree, using free assets to trade is best way for making profit on trading. We don't have a mental burden it will different if we use margin trading for example, our mind will be focus on our loans not on way of trading.

sana54210

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Quote from: arseaboy on October 06, 2016, 12:25:23 PM

Quote from: wxa7115 on October 06, 2016, 10:31:20 AM

Quote from: HmmMAA on October 04, 2016, 12:51:36 PM

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must Wink

.

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

yes thats the point there if in first try it doesnt fit you don't cry try another one and make sure to make proper assessment so you won't missed good opportunity, hold if possible if you are just seeing some downfall its normal with trading but expect another rise so just keep and wait.

For keep on trying new things, we must need free assets to trade. Because, risking our own money is not that much good idea. Some exchanges are giving away free bitcoins and altcoins, we may make use of those for your idea of trying out new things.

But, without proper assessment we will not be able to find out the right opportunity. So, trying new things is always good in the search of a better opportunity.

arseaboy

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Quote from: wxa7115 on October 06, 2016, 10:31:20 AM

Quote from: HmmMAA on October 04, 2016, 12:51:36 PM

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must Wink

.

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

yes thats the point there if in first try it doesnt fit you don't cry try another one and make sure to make proper assessment so you won't missed good opportunity, hold if possible if you are just seeing some downfall its normal with trading but expect another rise so just keep and wait.

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Quote from: wxa7115 on October 06, 2016, 10:31:20 AM

Quote from: HmmMAA on October 04, 2016, 12:51:36 PM

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must Wink

.

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

I agree that when things are unsure just be idle and wait for the next event. Anyway, day trader doesn't care much of the timing since they trade and try to get profit on every trade. Buy and Sell all the way lol, like when their buy order is filled, they will sell it at a price where they have at most 20% profit and when filled buy again. Then they rinse and repeat until they book a good profit for the day. Kinda tiring.

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Quote from: HmmMAA on October 04, 2016, 12:51:36 PM

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must Wink

.

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

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Quote from: wxa7115 on October 01, 2016, 05:36:40 PM

Quote from: Macadonian on September 30, 2016, 03:26:22 AM

Quote from: bitlancr on September 30, 2016, 02:44:06 AM

Trading is indeed an unpredictable job if it wouldn't be then it would be easy and everyone and their mothers would be making profit.
Because it's unpredictable you need to be as good as you can to reduce the chance of failing that's why it's such a difficult activity.

The trading is not profitable for most people. It is only for the professionals to take money from the unprofessionals.

You don’t need to go to a fancy school to become a trader, but you do need the skills, knowledge, desire and money in order to become successful, is it difficult? Yes, is it impossible? Of course not.

It requires alot of discipline that's what you need for this. You won't become rich by just trading as a solo person though so don't have unreal expectations that works really demotivating.
Just do alot of self study on trading and it will be alright eventually.

Altynbekova

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Trading will always remain unpredictable cause there's always that luck variable in every trade ofcourse.
But with skill you can mitigate the bad luck and be more consistent when trading, that's why skilfull traders make alot of profit.

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Quote from: dunfida on October 06, 2016, 02:45:57 AM

Quote from: Positid on October 05, 2016, 10:48:09 PM

Quote from: kryptqnick on October 05, 2016, 01:18:40 PM

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

You are right, books are just full guidelines but the real method and patterns would be created by you itself especially when you are in the middle of trading. You could create such ways and patterns that you seem you are profitable with it. Trading is truly an unpredictable job because of moving prices.

Yes, you are right. Only our practical experience must be very good tutors to help us to make our trading more profitable. Theoretical knowledge are not that much helpful in my experience too, as I do forget them while I am into trading. But our practical knowledge is never forgotten, so I am able to apply them time to time for my trading.

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Quote from: dunfida on October 06, 2016, 02:45:57 AM

Quote from: Positid on October 05, 2016, 10:48:09 PM

Quote from: kryptqnick on October 05, 2016, 01:18:40 PM

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

You are right, books are just full guidelines but the real method and patterns would be created by you itself especially when you are in the middle of trading. You could create such ways and patterns that you seem you are profitable with it. Trading is truly an unpredictable job because of moving prices.

That is just a guide so that we can make a proper planning on what kind of trading moves we will do.

The unpredictable event that happens in trading is the challenge for the traders on how they can win for a long run.

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Quote from: Positid on October 05, 2016, 10:48:09 PM

Quote from: kryptqnick on October 05, 2016, 01:18:40 PM

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

You are right, books are just full guidelines but the real method and patterns would be created by you itself especially when you are in the middle of trading. You could create such ways and patterns that you seem you are profitable with it. Trading is truly an unpredictable job because of moving prices.

chaser15

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Quote from: kryptqnick on October 05, 2016, 01:18:40 PM

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

That is really possible but somehow at least you try before losing. Those you mentioned are not as assurance that we can make a continous win but rather we can minimize the percentage of losing since we already countered the risk.

It's a suicide if we are just placing orders without any precaution so we need reference as well as part of our decision to be made.

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Quote from: kryptqnick on October 05, 2016, 01:18:40 PM

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

Topic: Trading is unpredictable job. - page 131. (Read 235966 times)