Topic: Trading is unpredictable job. - page 132. (Read 235951 times)
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.
Trading is one of the biggest unpredictable jobs in the bitcoin but if you are doing it right you will make lots of money/bitcoins. So why dont you just start right now dont go to wild just becarefull.
that is right. If you can do good analysis, the trading can make you good money, for example, if you invested Ethereum early, you are rich.
That's just luck. Coordinated pumps like these are well set-up to make big holders indeed very rich. If you as an average trader managed to get in early enough, then you would have made yourself a more than decent profit. However, not many people have been in that position. The majority of the people got in at 0.01-0.015 BTC. But again, if you held everything till now, then you have done a good job.
Trading is one of the biggest unpredictable jobs in the bitcoin but if you are doing it right you will make lots of money/bitcoins. So why dont you just start right now dont go to wild just becarefull.
that is right. If you can do good analysis, the trading can make you good money, for example, if you invested Ethereum early, you are rich.
Saying trading is about luck is same thing as saying poker is about luck.
I totally agree with that line. trading requires an intuition on the traders part. the trader has to be competent and has to know what the trend of the price is and has to use that trend to make money while trading. some people have this skill while others lose in trading and help fund the people with the skillYeah poker for example has luck in it but it is skill which makes the player. After a certain amount of skill you will need luck though, if you make all the right moves in poker you can still lose by the draw of the luck cause your hands can be completely bad for 10 games in a row.
aubert,
Do you mean a stop-loss mechanism?
Quote
well actually you can make automatic buying or selling in certain price
Do you mean a stop-loss mechanism?
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If you want to trade you have to pay attention at the price of the bitcoin all the time you know lots of people dont know waht the price will do that is why it is unpredictable.
well actually you can make automatic buying or selling in certain price that you just set before so you don't need to watch the price all the day long and most of trading site having this feature,but the disadvantages when the price is rising but not reached what you just targetted then probably you just missed a price peak
If you want to trade you have to pay attention at the price of the bitcoin all the time you know lots of people dont know waht the price will do that is why it is unpredictable.
Trading is a very unpredictable job indeed but sometimes you got to rely on the luck a little bit too to carry you.
Not always skill will be enough especially not with trading you will have to take risks to get somewhere.
Not always skill will be enough especially not with trading you will have to take risks to get somewhere.
Others dont believe in luck. They say if you believe in good luck then there is the opposite of it too. So it would be better not to believe it and just rely on skills. But you cant change what traditions made to believe in luck.
Luck exists though maybe it's not named correctly but there is a certain degree of randomness in trading which we call luck of the draw.
So having a "bad luck streak" could mess over your money but being skilled allows you to be "lucky" more often than "unlucky" so you'll always make a win eventually.
honestly i am a very bad trader but i think its due to my emostional mind i loose everytime no matter what happen i can not wait to something i can not even wait for the price to go up and sell my order it happens offen that my orders do not gets sell even if the price is higher
In your situation it would be much better for you to quit trading entirely (for the time being) as you're only losing.The following aspects are very bad when it comes to trading;
Making emotional decisions.
No patience.
Don't see/understand what exactly you did wrong.
No knowledge about the market.
These are all your problems. As I said before, quit trading till you at least understand what you did wrong.
This would be a good advice though since you do have the traits that would surely result to make a lossing trade at anytime because of this things, as he said you must quit trading to avoid more loss and you must realize what are the things youve done why you are suffering from loss.
Trading is one of the biggest unpredictable jobs in the bitcoin but if you are doing it right you will make lots of money/bitcoins. So why dont you just start right now dont go to wild just becarefull.
honestly i am a very bad trader but i think its due to my emostional mind i loose everytime no matter what happen i can not wait to something i can not even wait for the price to go up and sell my order it happens offen that my orders do not gets sell even if the price is higher
Trading cant be perfect especially when we are just starting and as you said emotions are most of the things that could affect your trading style hence if you cant wait or do have patience in every trade you would certainly fail on a certain trade. In doing trading patience and good analytic skills would be needed.
honestly i am a very bad trader but i think its due to my emostional mind i loose everytime no matter what happen i can not wait to something i can not even wait for the price to go up and sell my order it happens offen that my orders do not gets sell even if the price is higher
In your situation it would be much better for you to quit trading entirely (for the time being) as you're only losing.The following aspects are very bad when it comes to trading;
Making emotional decisions.
No patience.
Don't see/understand what exactly you did wrong.
No knowledge about the market.
These are all your problems. As I said before, quit trading till you at least understand what you did wrong.
Well since the price fluctuates a lot it becomes unpredictable and trading all the more becomes high risk job. As if the luck is good you end up with good profits too.
honestly i am a very bad trader but i think its due to my emostional mind i loose everytime no matter what happen i can not wait to something i can not even wait for the price to go up and sell my order it happens offen that my orders do not gets sell even if the price is higher
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 
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Trading is one of the biggest problem of the bitcoin lots of people are making money with it becuase they know what they are doing and some other dont know and only losing lots of money.
Trading, a problem? The whole point of money is to be a medium of exchange, is to facilitate trade, if there are people making money trading, then good for them, for being able to put their knowledge to good use.Very true. With some good research that proofs the truth regarding trading then he could really benefit with it. Some are filled with just lies that this is how it is, trust this, trust that which will just end up in a bad situation where there is no going back.
Because as title say it is unpredictable even though we keep monitoring it but still we can't really tell that this coin will pump and when it be gonna happen, and also i think the unpredictability of it makes many people lose some money from their trades since they are laming and guessing to earn in certain scenario, but experience really can help since it can be your reference so you wouldn't do that wrong prediction agai.
but to me still there so many people who have good experience in trading and can predict about a particular items in no time. but the number of such people is very low. You will get profit if you got out before the dump. But if you did not got out, then most of it are losses. So you have to hold for quite more and wait for the price to pump back up. So timing is everything in trading. Also, do not be greedy and stick to your system.
Trading is one of the biggest problem of the bitcoin lots of people are making money with it becuase they know what they are doing and some other dont know and only losing lots of money.
Trading, a problem? The whole point of money is to be a medium of exchange, is to facilitate trade, if there are people making money trading, then good for them, for being able to put their knowledge to good use.Trading is one of the biggest problem of the bitcoin lots of people are making money with it becuase they know what they are doing and some other dont know and only losing lots of money.
Trading, a problem? The whole point of money is to be a medium of exchange, is to facilitate trade, if there are people making money trading, then good for them, for being able to put their knowledge to good use. Trading is a very unpredictabele job which can lose you a lot of money in a short period of time if you are not careful how you trade.
I like the predictable jobs more then trading cause atleast you know around how much you are going to earn.
I like the predictable jobs more then trading cause atleast you know around how much you are going to earn.
If you're not trading with a good amount of experience, then you'll be better off staying away as far as possible. Especially when it comes to altcoins. That market is driven by speculation and pump and dumps. You basically need at least 75% luck in order to get yourself some profits. I don't see much difference when I compare altcoin trading with gambling.
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