Trading is unpredictable job. - page 135.

deisik

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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?

Well, my opinions are fairly well known. Take it for what it's worth but trading is a losing game for the majority of traders. Or should I rather call them gamblers? You may wonder what I can substantiate my claims with. The rationale for this is pretty simple, though. There are ordinary traders (would-be losers), and those who milk the market in every conceivable way. Two things directly follow from this. First, in no case you as a typical member of the first group can take money from the second group (they will just stay away from trading if there is even a slightest chance of losing). Second, the second group is vitally interested that the first one had an illusion of the so-called Holy Grail, i.e. believed in the existence of some magic method of profitable trading. How come? Just as simple, the first group essentially consists of the ones whose money the second group gets...

Alternately stated, if you properly applied risk management to trading, your best strategy would be to stay away from it altogether

Osarman

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Quote from: arseaboy on September 30, 2016, 02:43:55 PM

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

always make a deep research before doing some trade eve good traders lose so to avoid that to happen make sure you know which is which
are you going to support, dev and project plan is really important if you are in alt trading i guess.

i agree with you , and you are right that first you make a deep research and then start trading and i think that trading is very easy way to make profit but just need focus and skill in trading then you can be a good trader.

goinmerry

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Quote from: Shiroslullaby on September 30, 2016, 05:04:47 PM

Big rewards are going to come with a big risk.
You can play it safe and slow, invest in some stable coins and wait, but you aren't going to make a huge profit.
If you want to cash in big you need to be willing to risk losing the money.
It's like gambling. Just don't bet more than you can afford to lose. Do some research and hope you have a bit of luck on your side.

You did hit the right idea and I am guessing youre a risk taker also. Why would I pick those coins that are too stable then keep coming back to see if it moved? There is no reason to do it. So I would rather choose those with risk, i mean a lot of risk but the movement is so damn big. There is a lot of profit there but not everyone will see it.

Positid

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BULL RUN until 2030

Quote from: carlfebz2 on October 01, 2016, 01:24:21 AM

Quote from: goldcoinminer on October 01, 2016, 01:14:14 AM

Quote from: BitcoinMarshal on September 30, 2016, 05:15:48 PM

Quote from: KingdomHearts on September 30, 2016, 03:15:06 PM

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

i agree with you , you are right that first you need to know that which currency is good for trading and then you can start trading with that good currency and its true that trading is depend on your skill or luck .

Its unpredictable but if you done your all home work with analysis and research then its also very profitable because its need some time when you want to in and want some good profit

It is still unpredictable, what you will get when you do your home work in trading is that it will only increase your chances of success but it will not guarantee you that you will be able to make easy money as there is no easy money in trading.

Trading is really an unpredictable job because you wont even know the movement of price. You are right you could increase the chance of success when you do have knowledge on it but it doesnt guarantee you anytime on making succesful trades for sure you would lose some of it.

It is just a big guessing game, the price might not move according to our prediction but when we will continue to study and adjust out method, time will come we can easily guess the right price movement and we will begin to make profit.

carlfebz2

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Quote from: goldcoinminer on October 01, 2016, 01:14:14 AM

Quote from: BitcoinMarshal on September 30, 2016, 05:15:48 PM

Quote from: KingdomHearts on September 30, 2016, 03:15:06 PM

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

i agree with you , you are right that first you need to know that which currency is good for trading and then you can start trading with that good currency and its true that trading is depend on your skill or luck .

Its unpredictable but if you done your all home work with analysis and research then its also very profitable because its need some time when you want to in and want some good profit

It is still unpredictable, what you will get when you do your home work in trading is that it will only increase your chances of success but it will not guarantee you that you will be able to make easy money as there is no easy money in trading.

Trading is really an unpredictable job because you wont even know the movement of price. You are right you could increase the chance of success when you do have knowledge on it but it doesnt guarantee you anytime on making succesful trades for sure you would lose some of it.

goldcoinminer

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Activity: 952

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Quote from: BitcoinMarshal on September 30, 2016, 05:15:48 PM

Quote from: KingdomHearts on September 30, 2016, 03:15:06 PM

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

i agree with you , you are right that first you need to know that which currency is good for trading and then you can start trading with that good currency and its true that trading is depend on your skill or luck .

Its unpredictable but if you done your all home work with analysis and research then its also very profitable because its need some time when you want to in and want some good profit

It is still unpredictable, what you will get when you do your home work in trading is that it will only increase your chances of success but it will not guarantee you that you will be able to make easy money as there is no easy money in trading.

BitcoinMarshal

hero member

Activity: 756

Merit: 504

Quote from: KingdomHearts on September 30, 2016, 03:15:06 PM

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

i agree with you , you are right that first you need to know that which currency is good for trading and then you can start trading with that good currency and its true that trading is depend on your skill or luck .

Its unpredictable but if you done your all home work with analysis and research then its also very profitable because its need some time when you want to in and want some good profit

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Big rewards are going to come with a big risk.
You can play it safe and slow, invest in some stable coins and wait, but you aren't going to make a huge profit.
If you want to cash in big you need to be willing to risk losing the money.
It's like gambling. Just don't bet more than you can afford to lose. Do some research and hope you have a bit of luck on your side.

BitMaxz

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Activity: 3500

Merit: 3249

Happy New year 🤗

Quote from: KingdomHearts on September 30, 2016, 03:15:06 PM

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

i agree with you , you are right that first you need to know that which currency is good for trading and then you can start trading with that good currency and its true that trading is depend on your skill or luck .

Tips how to choose crypto if you are using coinmarketcap for checking their volume you should use it to check the volume also search for their more info or details about the security before you can invest if you seen that its safe you can invest how much you want..
If you want lower more your risk you can choose the top 20 altcoin in coinmarket cap that live long in top 20..

KingdomHearts

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Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

i agree with you , you are right that first you need to know that which currency is good for trading and then you can start trading with that good currency and its true that trading is depend on your skill or luck .

arseaboy

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Activity: 644

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Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

always make a deep research before doing some trade eve good traders lose so to avoid that to happen make sure you know which is which
are you going to support, dev and project plan is really important if you are in alt trading i guess.

Batmain

full member

Activity: 151

Merit: 100

Quote from: lakisis on September 30, 2016, 01:32:18 PM

yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

The bitcoin is very secure as a technology and as a currency. but you have to make sure nobody else can access to your computer.

lakisis

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Activity: 196

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yeah trading is unpredictable job if you want to trade first you need to know that which currency is secure and strong and then you should start trading and trading is depend on you if you have good knowledge about trading then you are good trader.

socks435

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I'm looking for free spin.

Quote from: bamboylee on September 30, 2016, 01:02:38 PM

Quote from: clickerz on September 30, 2016, 01:22:51 AM

Quote from: agustina2 on September 29, 2016, 11:27:47 PM

Other crypto really experiencing manipulation that's why analyzation are nothing when manipulation movement occurs.

But in terms of bitcoin, manipulation today in that crypto really goes in a hard way. So analyzation might consider as a guide on the next trader's move.

Yes, and its sad that some coins happens that way. It has a Pump and Dump group and those graps and trading volume are artificial results too. Dont be victim of this, you will know this when movement are seems being controlled. Still, study stable coins that you want to trade, and don't just buy any new coins since its new but it should have a good community support.

If it is a new coin, then you know there will be a pump one day. Then just buy a new coin which have a very low price, and when the pump happens, automatically sell your new coins. Use the amount you can afford to lose so that if the pump did not happen, you only lose small amount. But if it you win, you win big amount.

Thats why its more good to invest in trading because you can make a big profit and less risk unlike gambling that highly risk if you just gamble and looking for a profit in any gambling site. trading is not the same as gambling.

bamboylee

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Quote from: clickerz on September 30, 2016, 01:22:51 AM

Quote from: agustina2 on September 29, 2016, 11:27:47 PM

Other crypto really experiencing manipulation that's why analyzation are nothing when manipulation movement occurs.

But in terms of bitcoin, manipulation today in that crypto really goes in a hard way. So analyzation might consider as a guide on the next trader's move.

Yes, and its sad that some coins happens that way. It has a Pump and Dump group and those graps and trading volume are artificial results too. Dont be victim of this, you will know this when movement are seems being controlled. Still, study stable coins that you want to trade, and don't just buy any new coins since its new but it should have a good community support.

If it is a new coin, then you know there will be a pump one day. Then just buy a new coin which have a very low price, and when the pump happens, automatically sell your new coins. Use the amount you can afford to lose so that if the pump did not happen, you only lose small amount. But if it you win, you win big amount.

Astermony

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Quote from: agustina2 on September 30, 2016, 11:42:14 AM

Quote from: Supercrypt on September 30, 2016, 08:05:08 AM

Quote from: agustina2 on September 30, 2016, 04:52:48 AM

People can test some small amount on those new coins since it's cheap. So that if ever the coins go wrong the amount is not that hurtful. But don't do it continously since those small amounts that people loss is increasing and if they add it the amount can considered as decent one.

Manipulation is really present on those new coins since all are big whales since they got the coins for cheap. So they must take the monitoring closely so that they won't be late.

I agree with your strategy of trial and error with cheaper altcoins. Instead of going for altcoins which are less in cost, we can make use of free coins for our trading. This way, we could develop our trading skill for free of cost.

Having thorough drills must be very important for becoming expert in predicting and making accurate trading calls, so working on market continuously is very important, for that free coins must be the right resources for gaining experience.

Yes definitely agree. What matters most is, while people are making mistakes and regrets while doing altcoin trades, they must put that experience in their priority list so that they can able to make a good decision thereafter.

Building experience is nothing if people didn't really learn out of there trading mistakes.

For the altcoin trading, you have to do a lot of research and only trade the famous coins with good community support.

agustina2

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Quote from: Supercrypt on September 30, 2016, 08:05:08 AM

Quote from: agustina2 on September 30, 2016, 04:52:48 AM

People can test some small amount on those new coins since it's cheap. So that if ever the coins go wrong the amount is not that hurtful. But don't do it continously since those small amounts that people loss is increasing and if they add it the amount can considered as decent one.

Manipulation is really present on those new coins since all are big whales since they got the coins for cheap. So they must take the monitoring closely so that they won't be late.

I agree with your strategy of trial and error with cheaper altcoins. Instead of going for altcoins which are less in cost, we can make use of free coins for our trading. This way, we could develop our trading skill for free of cost.

Having thorough drills must be very important for becoming expert in predicting and making accurate trading calls, so working on market continuously is very important, for that free coins must be the right resources for gaining experience.

Yes definitely agree. What matters most is, while people are making mistakes and regrets while doing altcoin trades, they must put that experience in their priority list so that they can able to make a good decision thereafter.

Building experience is nothing if people didn't really learn out of there trading mistakes.

yakdivine

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My experience as a forex trader for the past seven year, teach me two thing or three thing that must be in place before trading. A good trader have a system that is at lest seventy five percent accurate in predicting the market trend. Market trend, good money management and emotional control are principle of professional forex trader or currency trading including bitcoin and other coin. But one thing you most have in mind and this will solved you trading problem for ever is "never trade with money you knew you can lose.

dustboy

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Is trading can be considered as a job? I dont think so, a job should have a fixed amount of income while in trading we cant have fixed amount of income. Sometime big, sometime small, even the worst sometime lost. I use trading just as a side income, I do not do it frequently (not everyday).

Arvydas77

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★Bitvest.io★ Play Plinko or Invest!

Please check my new blog. It is dedicated to traders: http://cryptohermes.blogspot.com

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