Trading is unpredictable job. - page 155.

agustina2

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Quote from: Red-Apple on August 12, 2016, 10:54:13 AM

Quote from: Frank Alister on August 12, 2016, 10:00:59 AM

Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

it depends on what you are trading and when you enter too.
for example long term investment in bitcoin, yes it is most profitable especially at this point when bitcoin is rising over time.

but in some altcoins it is not recommended at all. for example eth may rise in the future (long term) but also there is a huge chance that it fails and because of the two chains dies in the long term.

As a bottom line, bitcoin investment is really meant for long term investment. With the established name of this coin, it will really take you for a success one in the future.

Unlike in altcoin, where obviously just for short term profit.

Red-Apple

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Quote from: Frank Alister on August 12, 2016, 10:00:59 AM

Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

it depends on what you are trading and when you enter too.
for example long term investment in bitcoin, yes it is most profitable especially at this point when bitcoin is rising over time.

but in some altcoins it is not recommended at all. for example eth may rise in the future (long term) but also there is a huge chance that it fails and because of the two chains dies in the long term.

Frank Alister

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Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

eternalgloom

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It can be unpredictable in the short term, but if you're a good trader you can certainly make projections of profit over a longer period.
Managing your funds and not putting all your investments in one place is key.

chaser15

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Quote from: Herbert2020 on August 11, 2016, 04:05:24 AM

Quote from: BAGOBO on August 11, 2016, 03:38:08 AM

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

if you can predict then it is not a gamble. a gamble is what you can never predict. besides in gambling you lose all or win some but in trading you lose some if you stop your losses and win some based on when you exit.
and i agree that altcoin trading is riskier than bitcoin but there is more reward in this risky business.

That's why trading even with lots of risk, really worth to try. No such big traders today that existing if the rewards earned in bitcoin trading is just a piece of candy.

Trading experience is the key. Even you have skills if you are don't do trades in actual then that is useless.

Herbert2020

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Quote from: BAGOBO on August 11, 2016, 03:38:08 AM

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

if you can predict then it is not a gamble. a gamble is what you can never predict. besides in gambling you lose all or win some but in trading you lose some if you stop your losses and win some based on when you exit.
and i agree that altcoin trading is riskier than bitcoin but there is more reward in this risky business.

chaser15

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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?

Method ( i must have system trading) - No. Learn all the factors that rotating around the given price range. Hear other thoughts and eventually you will come up with a good one

Money ( i must have management of money and risk) - Yes you need money.

Mind ( i must can control my emotion) - Hmm isn't is controllable in the first place?

More importantly, don't take things rush. Just do regular trades and in the near future you can automatically think of what will be the best thing to do. Just make sure there are things you are learning while doing trades.

ultrloa

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Quote from: Indrawan77 on August 11, 2016, 01:04:38 AM

The most important things in trading is the emotion, read the chart and analyze slowly, in trading you must have a good patience and then method of trading is the second most important things, able to read chart and able to predict is the most powerful skill for trading and as for money for me is not too important,you can loan or earn it by trading little by little

If you can' fight that and just listen to those trolls or be afraid for little downwards well you cannot really call yourself a trader aswell as you cannot earn big money for this since you can be manipulated by others who is telling some false info, but if we believe that coin has potential and study tge volume,charts flow and the price barricade well we can determine if the coin will be pumping or dumping and if we really learn the trade wars in exchangers well we can accumulate more money as we can.

Quote from: BAGOBO on August 11, 2016, 03:38:08 AM

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

You cant really predict but you can avoid some losses if you follow those coin for little while.

BAGOBO

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Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

Supercrypt

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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 2 out of 3 things you count involves in algotrading in bots. If you have one of them working for you that means you can't involve emotion to it unless you manually sell something. You have a method, a strategy to trade, thanks to bot the first thing you mentioned was method thats done.

The only thing left is management and money , now you need money to trade thats a given but the management is done with bot as well , you can see your previous trades and how much you made/lost too.

Indrawan77

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The most important things in trading is the emotion, read the chart and analyze slowly, in trading you must have a good patience and then method of trading is the second most important things, able to read chart and able to predict is the most powerful skill for trading and as for money for me is not too important,you can loan or earn it by trading little by little

outatime1

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Trading is unpredictable. It's hard to come up with a system that works for making money. You have to try a lot of different ways to find what is best for you.

ruselbd

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:)Truly eccentric, here and there we need to go for broke to advantage, as a rule I generally sit tight at the cost is low, yet I think it appears to be hard to make a benefit, however I unquestionably get a minute when it can get high benefits.

My technique, calmly sitting tight at the cost, when I stuck, reinforcement, when costs are rising, I don't get excessively voracious, making it impossible to offer at high costs. be that as it may, attempt to at any rate I didn't get the misfortune. Cool

romero121

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Trading is unpredictable, but on trading the loss can be minimized which is not at all possible with gambling and other methods of increased earning of bitcoin. It's better to focus on initiating new methods of earning than the present advancement.

baomoremoney

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Yes, trading is unpredictable, therefore people can earn and lose money. If nobody loses, where the money is made from profits? Precisely, it is a lucky and skillful job.

pooya87

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Quote from: CraigWrightBTC on August 09, 2016, 12:59:44 AM

Quote from: pooya87 on August 08, 2016, 11:46:17 PM

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.

you need to be a trader to understand what i mean.
you need knowledge of the market and how to predict it, you need to know technical analysis. you should consider all these different methods and analysis and then also look at the real world to see what is happening with what you have bought (aka news) then a combination of all these leads to you making a good decision.

Raja_MBZ

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If you're a newbie in trading, expect some good losses, especially in altcoins trading. The values sometimes go up and down with sky-rocketing speed. I've lost like 0.08 BTC till now since the last two days at Bittrex with Ethereum Classic trading, I bought each of ETC at 0.005 BTC and now it's 0.003 BTC. Now I need to have patience and hope that ETC would again reach that price. I won't sell it for the lower price or get in the magic of people around here telling me that the value of ethereum classic will go even further down. Work with patience.

BTW, one more tip if you are going to trade, do NOT follow the advice of people around here at BitcoinTalk forums, you'll only end up with loss.

~Bitcoin~

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Patience, enough bankroll, proper deviation of your investment, real time following of any related news/announcement are key for profitable trading. However even experts may sometime fail in their prediction and trading decision so yes trading is unpredictable sometime but not always.

BTCLovingDude

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BTC to the moon is inevitable...

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?

your statement is true but not completely true.
trading is risky and you can't predict everything but you can speculate. that is why there is all these people who go and spend their time learning the trading theories and technical analysis, so they can predict the market.
you also need to watch the news because apart from all that analysis the news also have a huge effect on the prices.

shinratensei_

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Quote from: CraigWrightBTC on August 09, 2016, 12:59:44 AM

Quote from: pooya87 on August 08, 2016, 11:46:17 PM

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.

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