Trading is unpredictable job. - page 132.

dunfida

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Quote from: BitHodler on October 04, 2016, 04:57:32 PM

Quote from: jak3 on October 04, 2016, 12:53:19 PM

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.

DuckKeeper

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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.

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Quote from: jak3 on October 04, 2016, 12:53:19 PM

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.

BitHodler

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Quote from: jak3 on October 04, 2016, 12:53:19 PM

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.

bitcoinisbest

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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.

jak3

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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

HmmMAA

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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

.

danherbias07

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Quote from: Malsetid on October 04, 2016, 10:37:36 AM

Quote from: wxa7115 on October 04, 2016, 10:35:19 AM

Quote from: HoshiPost on October 04, 2016, 05:24:03 AM

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.

that's the point if theres someone which is focus to study deep into trading i guess he will able to make good position as he already have good idea on which ways the movements will go and that is an advantage trading is not pure luck it is a study of current chart movements allowing you to have some edge if you do your research.

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.

bamboylee

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Quote from: Positid on October 03, 2016, 10:26:41 PM

Quote from: JeffBrad12 on October 03, 2016, 06:52:09 PM

Quote from: satdas on October 03, 2016, 03:55:13 PM

Quote from: rockstar338 on October 03, 2016, 10:30:26 AM

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.

Too many dumper and I hate them, so the people can predict and get a real in their prediction should just rely on their luck. just a little percentage the manual prediction and will happen in real with certainty.

That's part of game so you should accept that if you want to be part of trading, most of the people love the dumpers because they can buy cheap coins and will just wait for the right time until the price will start to pump, easy money for them as they know the right timing.

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.

Malsetid

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Quote from: wxa7115 on October 04, 2016, 10:35:19 AM

Quote from: HoshiPost on October 04, 2016, 05:24:03 AM

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.

that's the point if theres someone which is focus to study deep into trading i guess he will able to make good position as he already have good idea on which ways the movements will go and that is an advantage trading is not pure luck it is a study of current chart movements allowing you to have some edge if you do your research.

wxa7115

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Quote from: HoshiPost on October 04, 2016, 05:24:03 AM

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.

richardsNY

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Quote from: bitlancr on October 04, 2016, 09:27:41 AM

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.

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.

molsewid

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Quote from: densuj on August 01, 2016, 05:46:33 AM

There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?

Trading might not be unpredictable but trading is profitable your just did the wrong moved on trading i think you bought some coins that really not on demand and your just waiting it to goes up and nothing happened waiting for some ico's will really make you feel broken if that ico will turn into scam after the period of time like decloud do. Tongue

bitlancr

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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.

Legasean

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Quote from: ivanst776 on August 01, 2016, 05:49:03 PM

Quote from: densuj on August 01, 2016, 05:46:33 AM

There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?

Trading bitcoin and other coins is very risky if you can't manage them properly and very often, trading needs time because you should be always up to date with the recent trends of that particular coin that you are trading.

About the method I don't know any method but there are some trading bots but unless you see the source code I think it is not safe enough and verify yourself that it works as you want.

Sometimes when you are on hurry you can't control yourself and maybe you should sell at 1:1 just to take off the coins because the dump can happen anytime.

Trading bitcoins are really unpredictable you know but that is not the reason to stop you know trades can make only more money or you dont take a look at the price and trading ridiculous.

Cendassi

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Quote from: Taki on August 01, 2016, 07:53:31 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.

My tradings are not unpredictable because i know what the price will do and that is a gift from above becuase not everyone knows what theprice will do only i am knowing that and i like it very much off course because i am able to make lots of money.

8Habits

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Quote from: icecube45 on October 04, 2016, 09:07:33 AM

Quote from: Qunenin on October 04, 2016, 08:46:58 AM

Quote from: iqlimasyadiqa on October 04, 2016, 08:29:13 AM

Quote from: HoshiPost on October 04, 2016, 05:24:03 AM

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.

yes all in accordance with the knowledge that we are good at. whereas trading is a lucrative job. we just have to have precision in the account for the price of coin. when those prices rise and when prices declined coin. austerity is a major step for profit.

That's why we are calling that trading is a unpredictable job, as most of the people think that trading is a way to earn a lot of money, actually i want to explain about it, that trading is a good source of income only for those persons who know about trading very well, and have a lot of skills to make money, otherwise trading is not suitable for everyone.

True, trading only for those people who did understand the deeper trade. Not just anyone can succeed in trading, so it must be able to learn the trade properly. Revenue from trading also unpredictable because certainly people have several times lost in the trade.

In trading, if someone wins, the other guy is losing. It is just like a transfer of money to the other. That is why, you need to be really skilled in predicting how people reacting on let us say a certain coin of that particular period of time. When you see that people are afraid, doubtful, and uncertain chances are, the price of certain coin will go down, that is the best time to buy one and when people are getting greedy, now is your turn to sell it.

icecube45

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Quote from: Qunenin on October 04, 2016, 08:46:58 AM

Quote from: iqlimasyadiqa on October 04, 2016, 08:29:13 AM

Quote from: HoshiPost on October 04, 2016, 05:24:03 AM

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.

yes all in accordance with the knowledge that we are good at. whereas trading is a lucrative job. we just have to have precision in the account for the price of coin. when those prices rise and when prices declined coin. austerity is a major step for profit.

That's why we are calling that trading is a unpredictable job, as most of the people think that trading is a way to earn a lot of money, actually i want to explain about it, that trading is a good source of income only for those persons who know about trading very well, and have a lot of skills to make money, otherwise trading is not suitable for everyone.

True, trading only for those people who did understand the deeper trade. Not just anyone can succeed in trading, so it must be able to learn the trade properly. Revenue from trading also unpredictable because certainly people have several times lost in the trade.

rektDude

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Quote from: bittraffic on August 01, 2016, 12:21:45 PM

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

Trading is raelly one of the biggest difficult things with the bitcoin because lots of people dont know the right price at the time so they are only geussing they are bad.

Qunenin

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Quote from: iqlimasyadiqa on October 04, 2016, 08:29:13 AM

Quote from: HoshiPost on October 04, 2016, 05:24:03 AM

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.

yes all in accordance with the knowledge that we are good at. whereas trading is a lucrative job. we just have to have precision in the account for the price of coin. when those prices rise and when prices declined coin. austerity is a major step for profit.

That's why we are calling that trading is a unpredictable job, as most of the people think that trading is a way to earn a lot of money, actually i want to explain about it, that trading is a good source of income only for those persons who know about trading very well, and have a lot of skills to make money, otherwise trading is not suitable for everyone.

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