Trading is unpredictable job. - page 152.

Jasad

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= jasad =

Quote from: rezilient on August 29, 2016, 06:10:26 AM

Quote from: Das on August 29, 2016, 04:40:12 AM

People say Forex is risky but there are so many forex traders today, somehow they've learnt to avoid the risks. I think caution and market observation are the key words.

Forex is a totally different kettle of fish, trillions of dollars liquidity and near on impossible to be manipulated for any amount of time, including from central banks.
Now crypto is not liquid in the scheme of things and is pretty much totally controlled by a few.
Don't look at trading crypto as a job but more of a hobbie that can give some extra beer money.
Following poloniex coin threads could be a good start as well as what you mention in the OP.

if you talking about a strange altcoin which called as "shitcoin" ,
then yepp you can not expect you can get a steady income as your job from trading this shit coin ,
but if you talking about bitcoin and other strong community altcoin like litecoin, dogecoin, ethereum etc ,
it is hard to be manipulated .

Blitzcranky

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Quote from: Cereberus on August 01, 2016, 12:51:20 PM

Even if you have great self control trading will make you forget it. I am talking from personal experience here, I remember very well when I was trading and I couldn't even sleep at night. At 2 am in the morning I used to woke up and to check my positions in trading. That's how obsessed with trading I was and that lead me to losing everything. Now its been about 3 years I have fully recovered from this disease as that's what I will call it, a big disease. I want to tell anyone to stop trading as you will never come on top of that no matter how skillful you are. Ask yourself a simple question , if trading was so profitable for the traders would there be so many trading houses and websites out there ? I don't think so. Trading truly is unpredictable.

off course is it a unpredictable job because you will never know the price after the trade or before the trade there can change allot of things with the bitcoins. And you will only know that if you work with bitcoins by your self otherwise you wont know where we are talking about because there can happen allot of strange things with bitcoins.

rezilient

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Quote from: Das on August 29, 2016, 04:40:12 AM

People say Forex is risky but there are so many forex traders today, somehow they've learnt to avoid the risks. I think caution and market observation are the key words.

Forex is a totally different kettle of fish, trillions of dollars liquidity and near on impossible to be manipulated for any amount of time, including from central banks.
Now crypto is not liquid in the scheme of things and is pretty much totally controlled by a few.
Don't look at trading crypto as a job but more of a hobbie that can give some extra beer money.
Following poloniex coin threads could be a good start as well as what you mention in the OP.

carlfebz2

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Quote from: Bit1334271 on August 28, 2016, 06:10:40 PM

Quote from: Hellacopter on August 28, 2016, 06:05:36 PM

We can't predict exactly the prices of altcoins in the future, we just guess according some factors and after good study of the market . That's why trading still risky a little bit.

Even after doing too much study and research its very unpredictable because no one is sure about the future coins but we can guess about few coins but its not sure we are going in right way because its all very risky work

I do agree, even if we know the information and news about the altcoin but it wont guarantee you to make profits easily. As same as others said trading is unpredictable and no one knows how the price would move in a matter of time. Trading is a risky thing if you dont know what you are really doing.

Das

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People say Forex is risky but there are so many forex traders today, somehow they've learnt to avoid the risks. I think caution and market observation are the key words.

danherbias07

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Quote from: Astermony on August 28, 2016, 12:22:22 PM

Quote from: BitcoinPC on August 28, 2016, 11:15:35 AM

Quote from: Macadonian on August 28, 2016, 07:39:00 AM

Quote from: Qunenin on August 28, 2016, 07:11:07 AM

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

The bitcoin or the altcoin trading is not currency trading. They are more like commodity trading, much more volatile.

I think OP is referring to Bitcoin trading . Although i still do not agree that bitcoin/ Altcoin should be treated as commodity, and not a currency. As per the function and name Bitcoin is a digital currency and not a digital commodity.

For an entity to be a currency, it has to be stable. So that people can mark their goods with that currency. Otherwise, it is not a currency.

It is lined up with commodity/strategy and I guess that is because it is not stable what you are saying might be true but still it will be the choice of each person on how he will use it.

Bit1334271

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Quote from: Hellacopter on August 28, 2016, 06:05:36 PM

We can't predict exactly the prices of altcoins in the future, we just guess according some factors and after good study of the market . That's why trading still risky a little bit.

Even after doing too much study and research its very unpredictable because no one is sure about the future coins but we can guess about few coins but its not sure we are going in right way because its all very risky work

nejibens

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Working in trading need to make good strategy and choose the best altcoins with good potential to trade before investing there. But also its not predictable for exact results

Hellacopter

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We can't predict exactly the prices of altcoins in the future, we just guess according some factors and after good study of the market . That's why trading still risky a little bit.

serjent05

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Quote from: Astermony on August 28, 2016, 12:22:22 PM

Quote from: BitcoinPC on August 28, 2016, 11:15:35 AM

Quote from: Macadonian on August 28, 2016, 07:39:00 AM

Quote from: Qunenin on August 28, 2016, 07:11:07 AM

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

The bitcoin or the altcoin trading is not currency trading. They are more like commodity trading, much more volatile.

I think OP is referring to Bitcoin trading . Although i still do not agree that bitcoin/ Altcoin should be treated as commodity, and not a currency. As per the function and name Bitcoin is a digital currency and not a digital commodity.

For an entity to be a currency, it has to be stable. So that people can mark their goods with that currency. Otherwise, it is not a currency.

As for bitcoin altcoin relationshi, saying bitcoin is more likely a dollar then if you say only bitcoin is a currency then it indirectly stated that only dollar is the currency. As for bitcoin and volatility, it is natural for a currency to be volatile. Even other country's currency is not stable, so are you saying those country's currency is not really a currency?

Astermony

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Quote from: BitcoinPC on August 28, 2016, 11:15:35 AM

Quote from: Macadonian on August 28, 2016, 07:39:00 AM

Quote from: Qunenin on August 28, 2016, 07:11:07 AM

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

The bitcoin or the altcoin trading is not currency trading. They are more like commodity trading, much more volatile.

I think OP is referring to Bitcoin trading . Although i still do not agree that bitcoin/ Altcoin should be treated as commodity, and not a currency. As per the function and name Bitcoin is a digital currency and not a digital commodity.

For an entity to be a currency, it has to be stable. So that people can mark their goods with that currency. Otherwise, it is not a currency.

Herbert2020

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Quote from: BitcoinPC on August 28, 2016, 11:15:35 AM

Quote from: Macadonian on August 28, 2016, 07:39:00 AM

Quote from: Qunenin on August 28, 2016, 07:11:07 AM

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

The bitcoin or the altcoin trading is not currency trading. They are more like commodity trading, much more volatile.

I think OP is referring to Bitcoin trading . Although i still do not agree that bitcoin/ Altcoin should be treated as commodity, and not a currency. As per the function and name Bitcoin is a digital currency and not a digital commodity.

OP is talking about trading in general and not specific to anything.
also a currency is something that you can use to purchase goods with, and this is not true for 99% of altcoins so you can not consider them as currency as long as the only usage of them is to be traded or to be exact pump and dumped.
but bitcoin is a different story since it can be used as a currency for purchasing goods you can not call it commodity it would be like calling USD commodity because it is being traded in forex market against other currencies.

BitcoinPC

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Quote from: Macadonian on August 28, 2016, 07:39:00 AM

Quote from: Qunenin on August 28, 2016, 07:11:07 AM

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

The bitcoin or the altcoin trading is not currency trading. They are more like commodity trading, much more volatile.

I think OP is referring to Bitcoin trading . Although i still do not agree that bitcoin/ Altcoin should be treated as commodity, and not a currency. As per the function and name Bitcoin is a digital currency and not a digital commodity.

Macadonian

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Quote from: Qunenin on August 28, 2016, 07:11:07 AM

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

The bitcoin or the altcoin trading is not currency trading. They are more like commodity trading, much more volatile.

Qunenin

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Activity: 966

Merit: 506

Quote from: susila_bai on August 24, 2016, 10:20:46 AM

It is true that trading is really unpredictable to over come this, you have to split your bankroll and buy so that you can get the benefit of low bottom and then when ever their is raise you can just sell and get the profit. If you follow this strategy in trading you will be in profit.

I do not think trading is as unpredictable as gambling. If you have some experience in currency trading, you can always gain profit provide you invest in the right coins and sell/buy timely.

Kolder

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Quote from: Pursuer on August 28, 2016, 06:22:06 AM

Quote from: carlfebz2 on August 28, 2016, 04:06:38 AM

Quote from: lionheart78 on August 28, 2016, 03:47:27 AM

Quote from: Caladonian on August 26, 2016, 04:12:48 AM

Quote from: daringdiscovered on August 26, 2016, 04:07:47 AM

Quote from: densuj on August 01, 2016, 06:46:33 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?

I agree on what op have said. I lose money at first also because i didn't divide my assets. I put all my money in one basket, so when it dump unpredictably i lose my investments to it. In trading you must have a method, don't do short trading everytime, leave some for long term. Divide your money on many assets as they say that "don't put all your eggs in one basket". And you must be able to control your emotion. Be contented on what you earned and don't get disappointed to yourself. There is always nextime. Cheesy

that's right when you made certain moves like this you can control or limits your loss you can regain your loses
if you still have some investment from your other side.

this means you need to diversify. Do not put all your egg in one basket likewise with trading. do not put all your capital in a single coin because, when that coin is a scam then there go your capital. Better to put certain percentage to different altcoin and trade them wisely, and never listen on the troll box.

Why does that troll box created anyway? Users are their are just promoting their own scam coins i guess and i agree dont ever listen to those people who usually promote a certain coin they just want to have an investor or buyer on their coin which doesnt even guarantee that it would pump sooner.

Diversify your investments and dont put it all on a single coins as other said dont put your egg on one basket and i really believe on this saying.

this is the question that I always ask myself, why does trollbox even exist?
if you have a problem, technical issue you submit a ticket with the support team. and if you want to chat about cryptocurrencies there are forums, chat rooms and reddit for that.

and it is interesting to see how many people talk about a coin only when the price is already on top so everybody else tries to buy on the peek of price while traders dump on these idiots who listened to trollbox.

Chatbox is the way to kill the boredom in trading platform. All you can see in trading platform is all numbers and this is the way to give some entertainment and to communicate to the user. It is actually for that purposes but many user abuse the chatbox and use it for trolling and shill. Sad life yet true

Pursuer

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Quote from: carlfebz2 on August 28, 2016, 04:06:38 AM

Quote from: lionheart78 on August 28, 2016, 03:47:27 AM

Quote from: Caladonian on August 26, 2016, 04:12:48 AM

Quote from: daringdiscovered on August 26, 2016, 04:07:47 AM

Quote from: densuj on August 01, 2016, 06:46:33 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?

I agree on what op have said. I lose money at first also because i didn't divide my assets. I put all my money in one basket, so when it dump unpredictably i lose my investments to it. In trading you must have a method, don't do short trading everytime, leave some for long term. Divide your money on many assets as they say that "don't put all your eggs in one basket". And you must be able to control your emotion. Be contented on what you earned and don't get disappointed to yourself. There is always nextime. Cheesy

that's right when you made certain moves like this you can control or limits your loss you can regain your loses
if you still have some investment from your other side.

this means you need to diversify. Do not put all your egg in one basket likewise with trading. do not put all your capital in a single coin because, when that coin is a scam then there go your capital. Better to put certain percentage to different altcoin and trade them wisely, and never listen on the troll box.

Why does that troll box created anyway? Users are their are just promoting their own scam coins i guess and i agree dont ever listen to those people who usually promote a certain coin they just want to have an investor or buyer on their coin which doesnt even guarantee that it would pump sooner.

Diversify your investments and dont put it all on a single coins as other said dont put your egg on one basket and i really believe on this saying.

this is the question that I always ask myself, why does trollbox even exist?
if you have a problem, technical issue you submit a ticket with the support team. and if you want to chat about cryptocurrencies there are forums, chat rooms and reddit for that.

and it is interesting to see how many people talk about a coin only when the price is already on top so everybody else tries to buy on the peek of price while traders dump on these idiots who listened to trollbox.

sulendra12

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Quote from: Sergiorr101 on August 25, 2016, 11:35:50 AM

Quote from: densuj on August 01, 2016, 06:46:33 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 it is unpredictable, because you can't control all these price rises and dumps, but you still can control it a bit because you don't have to sell your coins when price is small

If the coins is dump , you can play safe with sell it on that moment , before going dump again. And you can move your coin to diff coins.
For recover your loss , keep an eye with volume and price movement for doing trading.

carlfebz2

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Quote from: lionheart78 on August 28, 2016, 03:47:27 AM

Quote from: Caladonian on August 26, 2016, 04:12:48 AM

Quote from: daringdiscovered on August 26, 2016, 04:07:47 AM

Quote from: densuj on August 01, 2016, 06:46:33 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?

I agree on what op have said. I lose money at first also because i didn't divide my assets. I put all my money in one basket, so when it dump unpredictably i lose my investments to it. In trading you must have a method, don't do short trading everytime, leave some for long term. Divide your money on many assets as they say that "don't put all your eggs in one basket". And you must be able to control your emotion. Be contented on what you earned and don't get disappointed to yourself. There is always nextime. Cheesy

that's right when you made certain moves like this you can control or limits your loss you can regain your loses
if you still have some investment from your other side.

this means you need to diversify. Do not put all your egg in one basket likewise with trading. do not put all your capital in a single coin because, when that coin is a scam then there go your capital. Better to put certain percentage to different altcoin and trade them wisely, and never listen on the troll box.

Why does that troll box created anyway? Users are their are just promoting their own scam coins i guess and i agree dont ever listen to those people who usually promote a certain coin they just want to have an investor or buyer on their coin which doesnt even guarantee that it would pump sooner.

Diversify your investments and dont put it all on a single coins as other said dont put your egg on one basket and i really believe on this saying.

lionheart78

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Activity: 2954

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Quote from: Caladonian on August 26, 2016, 04:12:48 AM

Quote from: daringdiscovered on August 26, 2016, 04:07:47 AM

Quote from: densuj on August 01, 2016, 06:46:33 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?

I agree on what op have said. I lose money at first also because i didn't divide my assets. I put all my money in one basket, so when it dump unpredictably i lose my investments to it. In trading you must have a method, don't do short trading everytime, leave some for long term. Divide your money on many assets as they say that "don't put all your eggs in one basket". And you must be able to control your emotion. Be contented on what you earned and don't get disappointed to yourself. There is always nextime. Cheesy

that's right when you made certain moves like this you can control or limits your loss you can regain your loses
if you still have some investment from your other side.

this means you need to diversify. Do not put all your egg in one basket likewise with trading. do not put all your capital in a single coin because, when that coin is a scam then there go your capital. Better to put certain percentage to different altcoin and trade them wisely, and never listen on the troll box.

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