Trading is unpredictable job. - page 153.

Caladonian

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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.

daringdiscovered

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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

Sergiorr101

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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

soros017

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I'm still adapting, it is a market with very difficult movements to predict.

lienfaye

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Even you want to get profit its still unpredictable because you dont know what is ahead, im just trying to control myself and be prepared so whatever happens i can accept the outcome. there is also no assurance that you can earn in the end of the day just like other investment it has risk.

gandame

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Nobody can ever predict if trading does is beautiful or not . Since trading you can win or lose because no certainty whether or not you earn . In trading just because correct timing and need to be alert to trading for earnings . Focus also needed to monitor the coins especially the short trade. So no one can predict to it how trading goes.

Cast12

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There's no method that you can use to consistently make profit because trading is like you said, unpredictable Grin

. You shouldn't trade more money then you can afford to lose though.

Caladonian

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Quote from: goinmerry on August 24, 2016, 10:36:49 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?

Emotions are the very first thing I tried to control. I always wait for more when I see the price of an altcoin go way up. Being greedy is like a disease that is hard to stop, it is like gambling also. When you have that problem you have all of them in the list.

yes you should be emotionless if you really wants to earn patient is a virtue waiting for the coin to rise up will take some time so making it sure that you have enough time and patient to wait, swet success will be on its way for you.

goinmerry

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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?

Emotions are the very first thing I tried to control. I always wait for more when I see the price of an altcoin go way up. Being greedy is like a disease that is hard to stop, it is like gambling also. When you have that problem you have all of them in the list.

susila_bai

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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.

plpbtc1526

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Long trading is very risky. You can lose your capital when the price falls. I rather do short trading than long trading because its a sure profit. Maybe its a little profit but can surely make profit. Its true trading is very unpredictable but you can lower the risks when you do short trading.

JeffBrad12

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Quote from: CraigWrightBTC on August 14, 2016, 11:54:57 AM

Quote from: shinratensei_ on August 09, 2016, 03:24:54 AM

Quote from: CraigWrightBTC on August 09, 2016, 01:59:44 AM

Quote from: pooya87 on August 09, 2016, 12:46:17 AM

you can never predict anything 100% but you always try your best to get the best guess for the future and then make your decisions based on that guess.
if you consider everything that guess will be closest to reality and then you can make a good profit but if not it will be far from reality and you will be gambling.

So what is method for the best guess? What is needed? I think you must explain more about your statement, it will become complete statement.

The best method is using your brain and never believing with another people because you will feel about yourself can be good people rather than them.
But always holding on the reality and fact because if you just holding on a miracle and forever will be a miracle.

Every bodies use their brain, i ask about method not motivation. How if price is more going down? You must explain about your method step by step if you know about trading. I am trader and i don't need motivator.

At first you need to applied your standard lower price for yo buying the coins and at the same time you have a high standard for selling your coins in high price but that is become a generally things, for making the your standard price you will always need to watching the market for anytime.

ethereumhunter

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Quote from: CraigWrightBTC on August 14, 2016, 11:54:57 AM

Quote from: shinratensei_ on August 09, 2016, 03:24:54 AM

Quote from: CraigWrightBTC on August 09, 2016, 01:59:44 AM

Quote from: pooya87 on August 09, 2016, 12:46:17 AM

you can never predict anything 100% but you always try your best to get the best guess for the future and then make your decisions based on that guess.
if you consider everything that guess will be closest to reality and then you can make a good profit but if not it will be far from reality and you will be gambling.

So what is method for the best guess? What is needed? I think you must explain more about your statement, it will become complete statement.

The best method is using your brain and never believing with another people because you will feel about yourself can be good people rather than them.
But always holding on the reality and fact because if you just holding on a miracle and forever will be a miracle.

Every bodies use their brain, i ask about method not motivation. How if price is more going down? You must explain about your method step by step if you know about trading. I am trader and i don't need motivator.

if the rate is more going down, i think you better to cut loss otherwise you will loss too much. better loss in a little and trying to gets up with another altcoin rather than keep and hold while the rate is going down too deep. its not recommended for trader, but all in all, the choice is up to you bro. so do what you feel is right, and don't too greedy while you get profit Grin

ultrloa

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Quote from: soros017 on August 24, 2016, 12:54:01 AM

Quote from: bitcoinmasterlord on August 15, 2016, 10:15:56 PM

Quote from: HaXX0R1337 on August 14, 2016, 11:46:01 AM

That depends actually, because i know many people who can constantly make profit from trading, they are managing funds of their clients.
They leave from commision out of it, and they can do it for a long time. It is very hard to do, because you need to be well-educated in that area.

Trading is not an easy way to earn money like what many people thinks. There are a lot of good traders lost all lot of money in trading even though they are well-experienced traders. Mostly they will earn a lot of money from managing people's funds than from trades. I do it by myself with a small amount, buy and keep it until prices go up to sell.

It's true. If it were easy, everyone would do it.

Many people really thinks at first that tradings is really easy job but suddenly realize that it is hard to do it since market is unpredictable and we down know what might gonna happen to the price when where away from monitoring it, but although trading is unpredictable and hard it is the only program that we can actually earn decent money by our efforts it's just a matter how much patience you have and stress can take to earn and battle against trade wars.

serjent05

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I agree that trading is a very unpreditable job, you can never tell which one will increase. Other watch the graphical movement of the trades but youu can never use it for altcoin trading. Most altcoin are manipulated by whales, so the candlestick is obsolete when the scenario is controlled by some people who have majority of the coin.

soros017

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Quote from: bitcoinmasterlord on August 15, 2016, 10:15:56 PM

Quote from: HaXX0R1337 on August 14, 2016, 11:46:01 AM

That depends actually, because i know many people who can constantly make profit from trading, they are managing funds of their clients.
They leave from commision out of it, and they can do it for a long time. It is very hard to do, because you need to be well-educated in that area.

Trading is not an easy way to earn money like what many people thinks. There are a lot of good traders lost all lot of money in trading even though they are well-experienced traders. Mostly they will earn a lot of money from managing people's funds than from trades. I do it by myself with a small amount, buy and keep it until prices go up to sell.

It's true. If it were easy, everyone would do it.

shinratensei_

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Quote from: iv4n on August 15, 2016, 10:39:11 PM

OP wish to say that trading is like gambling. Both are very unpredictable, and sometimes even when we have good method,

That's right like you're waiting for the customer will coming ( best moment if the price on lower) it's can happen at any time no one can make any expectation about that but it's needed the formula to become the success.

iv4n

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OP wish to say that trading is like gambling. Both are very unpredictable, and sometimes even when we have good method, when we are concentrated and with money it's hard to make any profit, not just that, we lose money in trying to make more.
I'm the one from people who didn't make nothing with trading. I was totally wrong many times. Now I don't try like before, I wait for good tips from people good in trading.
My methods prove that I don't have good feeling for trading, it's not for me, fun with couple dollars is my maximum, for more than that I don't have necessary skills.

bitcoinmasterlord

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Quote from: HaXX0R1337 on August 14, 2016, 11:46:01 AM

That depends actually, because i know many people who can constantly make profit from trading, they are managing funds of their clients.
They leave from commision out of it, and they can do it for a long time. It is very hard to do, because you need to be well-educated in that area.

Trading is not an easy way to earn money like what many people thinks. There are a lot of good traders lost all lot of money in trading even though they are well-experienced traders. Mostly they will earn a lot of money from managing people's funds than from trades. I do it by myself with a small amount, buy and keep it until prices go up to sell.

senyorito123

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Quote from: ronaldo40 on August 15, 2016, 10:08:42 AM

Quote from: maydna on August 15, 2016, 05:52:40 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?

my opinions is same as you bro, and don't forget to think about time. because i don't think that you will spend all day long in front of your pc or laptop just because you want to trading all day Grin

time is really important, how long we want to trading. i think "time" is in number one from the three that you write.

I think if it's a matter of time depends, if you do work full-time for bitcoin, it does not matter.
I and some of my friends who play trading, sometimes every day spent in front of the pc, but it is not an obstacle, because I can get a bigger and worth result, than a real job is very tiring.

Actually having a real job is not a barricade to do trades thats why their is a auto sell and auto buy features so it can make the life of the trader easier, although it may not helpfull sometimes since we can experience massive dump and massive pump that thing we could be miss if we only really on auto feature thats why its very better to monitor for better earnings In tradings.

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