Trading is unpredictable job. - page 137.

iqlimasyadiqa

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Quote from: newcoins1978 on September 29, 2016, 03:58:03 AM

Trading is not that unpredictable if you are good at it. You need to analyze and study the market and find and predict the next moves.
If you are one step ahead on the prices then you'll have a big advantage look for returning patterns aswell very important.

so true . we must seriously at a job. any job if we could work well then we will earn appropriate. as well as work with bitcoin, we can get if we focus fortune to be here. doing the work in accordance with our capabilities and expertise.

X-ray

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Quote from: RealPhotoshoper on September 29, 2016, 04:13:14 AM

Quote from: newcoins1978 on September 29, 2016, 03:58:03 AM

Trading is not that unpredictable if you are good at it. You need to analyze and study the market and find and predict the next moves.
If you are one step ahead on the prices then you'll have a big advantage look for returning patterns aswell very important.

if people keep saying trading is unpredictable they are not experienced enough.
trading is actually predictable , it is just not 100% accurate.
some people even call trading as gambling which i really disagree with it.

you're actually right,the price of altcoin could be predicted by analyzing the latest news,events or anything else,just see if some altcoin just suddenly got hacked and your prediction is the price will be going down and having the same thought as other,so, you and other traders will make selling trends that could dumping the price.

RealPhotoshoper

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Quote from: newcoins1978 on September 29, 2016, 03:58:03 AM

Trading is not that unpredictable if you are good at it. You need to analyze and study the market and find and predict the next moves.
If you are one step ahead on the prices then you'll have a big advantage look for returning patterns aswell very important.

if people keep saying trading is unpredictable they are not experienced enough.
trading is actually predictable , it is just not 100% accurate.
some people even call trading as gambling which i really disagree with it.

goldcoinminer

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Quote from: newcoins1978 on September 29, 2016, 03:58:03 AM

Trading is not that unpredictable if you are good at it. You need to analyze and study the market and find and predict the next moves.
If you are one step ahead on the prices then you'll have a big advantage look for returning patterns aswell very important.

But in general it is an unpredictable job, trading is good if you were able to identify the method on how to succeed but if not you are just playing a big guessing game and you will call that gambling and you will still subject to lose in the long run.

newcoins1978

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Trading is not that unpredictable if you are good at it. You need to analyze and study the market and find and predict the next moves.
If you are one step ahead on the prices then you'll have a big advantage look for returning patterns aswell very important.

freedomgo

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Quote from: Altynbekova on September 29, 2016, 03:14:05 AM

Trading is and will always be unpredictable one time this can happen the other time the opposite happens and theres no way to know what happens.
You can analyze though and reduce the risks but still any event can change other events making it so unpredictable.

It could be unpredictable but at least we can learn it overtime, once we learn the right thing to do to have success the profit will be continues and that is the big difference of trading between gambling.

arseaboy

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Quote from: Altynbekova on September 29, 2016, 03:14:05 AM

Trading is and will always be unpredictable one time this can happen the other time the opposite happens and theres no way to know what happens.
You can analyze though and reduce the risks but still any event can change other events making it so unpredictable.

thats the reason we study analyzing the flow in order for us to make good prediction but as always we cant control the movements
especially if theres a big investors who's playing with the project so better to understand more and always be ready and careful when
dealing with the trade.

Altynbekova

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Trading is and will always be unpredictable one time this can happen the other time the opposite happens and theres no way to know what happens.
You can analyze though and reduce the risks but still any event can change other events making it so unpredictable.

chaser15

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Quote from: CraigWrightBTC on September 29, 2016, 01:01:09 AM

Quote from: chaser15 on September 29, 2016, 12:30:31 AM

Quote from: spofas on September 28, 2016, 11:25:20 PM

You can still profit from scam coins.

Actually yes since they lasts for months, at least. Good for short term profits one.

But it's more risky so better choose those alts that has a good position and has a good volume everyday even the price is not that cheap to consider.

Yes agree, in altcoins we must use short term strategy, for wary scam coins especially for new coins that be launched usualy many coins that can be survive on markets and then they be delisting.

Yes new coins on ICO must be taken seriously cause obviously we don't know what will be the output of it as time passes by. Those others alts that already established good names where we can play with the price fluctuations is way more less risk than putting bucks on those new coins.

Generally, all trades must be taken seriously.

Mbah Slamet

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Quote from: CraigWrightBTC on September 29, 2016, 01:01:09 AM

Quote from: chaser15 on September 29, 2016, 12:30:31 AM

Quote from: spofas on September 28, 2016, 11:25:20 PM

You can still profit from scam coins.

Actually yes since they lasts for months, at least. Good for short term profits one.

But it's more risky so better choose those alts that has a good position and has a good volume everyday even the price is not that cheap to consider.

Yes agree, in altcoins we must use short term strategy, for wary scam coins especially for new coins that be launched usualy many coins that can be survive on markets and then they be delisting.

altcoin unpredictable price, in a day can increase or decrease more than 10%, it's can make to rich or poor.

CraigWrightBTC

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Quote from: chaser15 on September 29, 2016, 12:30:31 AM

Quote from: spofas on September 28, 2016, 11:25:20 PM

You can still profit from scam coins.

Actually yes since they lasts for months, at least. Good for short term profits one.

But it's more risky so better choose those alts that has a good position and has a good volume everyday even the price is not that cheap to consider.

Yes agree, in altcoins we must use short term strategy, for wary scam coins especially for new coins that be launched usualy many coins that can be survive on markets and then they be delisting.

chaser15

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Quote from: spofas on September 28, 2016, 11:25:20 PM

You can still profit from scam coins.

Actually yes since they lasts for months, at least. Good for short term profits one.

But it's more risky so better choose those alts that has a good position and has a good volume everyday even the price is not that cheap to consider.

spofas

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Quote from: milewilda on September 28, 2016, 11:18:17 PM

Quote from: Skarner21 on September 28, 2016, 06:31:35 PM

Quote from: spofas on September 28, 2016, 06:22:06 PM

Quote from: Hugroll on September 28, 2016, 05:35:10 PM

Quote from: spofas on September 28, 2016, 05:28:12 PM

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 skill

It's a learnable skill though. It's not a gift, it's something you can work on.

You should learn it first if you experience of loses its one way to learn so that for the next time you can do what you do..
Trading is easy to learn but hard to earn. and its always depends in the altcoin or bitcoin how you can make a good profit..

Agree with this , earning on trading is so hard because we cant predict anytime regarding on the movement of the price. You are right it realy depends on the alycoin you would buy since there are lots of coins out there to choose from which is somehow difficult to select sometimes because most of them are just scam coins.

You can still profit from scam coins.

20kevin20

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It is predictable if you have people to count on. Billionaires always know what, how and when some event will take place and whether will it make the market rise or fall. Haven't you ever wondered how do they know what to bet for and against everytime? Because they know what's going to happen. Some, like George Soros, even had records of 'breaking a bank'. He did the same bet twice over twenty years, and surprisingly.. He won both of them! Would you bet billions on something? I mean come on, he got just a few tens of billions. Betting a few of them is risky for his business. But yes, he knew the answer MONTHS before the Brexit vote so he was able to make money out of his knowledge.

milewilda

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Quote from: Skarner21 on September 28, 2016, 06:31:35 PM

Quote from: spofas on September 28, 2016, 06:22:06 PM

Quote from: Hugroll on September 28, 2016, 05:35:10 PM

Quote from: spofas on September 28, 2016, 05:28:12 PM

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 skill

It's a learnable skill though. It's not a gift, it's something you can work on.

You should learn it first if you experience of loses its one way to learn so that for the next time you can do what you do..
Trading is easy to learn but hard to earn. and its always depends in the altcoin or bitcoin how you can make a good profit..

Agree with this , earning on trading is so hard because we cant predict anytime regarding on the movement of the price. You are right it realy depends on the alycoin you would buy since there are lots of coins out there to choose from which is somehow difficult to select sometimes because most of them are just scam coins.

Skarner21

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Massive price drop coming...

Quote from: spofas on September 28, 2016, 06:22:06 PM

Quote from: Hugroll on September 28, 2016, 05:35:10 PM

Quote from: spofas on September 28, 2016, 05:28:12 PM

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 skill

It's a learnable skill though. It's not a gift, it's something you can work on.

You should learn it first if you experience of loses its one way to learn so that for the next time you can do what you do..
Trading is easy to learn but hard to earn. and its always depends in the altcoin or bitcoin how you can make a good profit..

clickerz

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Quote from: spofas on September 28, 2016, 06:22:06 PM

It's a learnable skill though. It's not a gift, it's something you can work on.

I agree, you can minimize your losses or risks on trading if you do your homework. Trading is also affected by speculation, so be aware on this, on news and announcement affecting the said coin.It is important in trading to learn and study first,knowledge is important here.

spofas

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Quote from: Hugroll on September 28, 2016, 05:35:10 PM

Quote from: spofas on September 28, 2016, 05:28:12 PM

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 skill

It's a learnable skill though. It's not a gift, it's something you can work on.

Hugroll

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Quote from: spofas on September 28, 2016, 05:28:12 PM

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 skill

spofas

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Saying trading is about luck is same thing as saying poker is about luck.
Sure, there's a % of it that is indeed luck, but good players(traders) will always come out on top after 10000 hands(trades).
I'd say that if you're serious about it, a good strategy is to trade very small amounts on high leverage (like on OKCoin or Bitmex, if you're doing Bitcoin). High leverage will teach you how to be more precise about your entries and how to manage your Stop Losses. - Creating a trading plan and sticking to it, it's what's most important and hard to learn. The "sticking to the plan" part especially; hence why a lot of people use bots to trade.

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