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Topic: Trading is unpredictable job. - page 33. (Read 235951 times)

full member
Activity: 1554
Merit: 101
December 10, 2017, 06:39:45 AM
well I think your opinion is correct because trading is a job that requires experience because even though you have learned the way about trading but your experience is still low it's the same you're still a beginner
full member
Activity: 588
Merit: 100
December 10, 2017, 04:02:01 AM
Indeed,  trading is unpredictable  but you can put your risk limit. Chart reading can prevent you to make loss positions ,  can even give you profit.
Chart reading is pretty basic, the entire cryptocurrency are moving based on the news and speculation, I think you also need to consider that because that is a big factor that might affect the market, the movement is not stable so you cannot just based on the graph because there are more information that would help you to make a right and timely decision, be updated of the current news and events, that's also useful.
and maybe people can get some predictability on the exchange if they have enough information and have experience in trading with crypto currency. In which case the trader can very often predict what can happen and how to avoid it.
hero member
Activity: 3052
Merit: 685
December 09, 2017, 11:28:16 PM
Indeed,  trading is unpredictable  but you can put your risk limit. Chart reading can prevent you to make loss positions ,  can even give you profit.
Chart reading is pretty basic, the entire cryptocurrency are moving based on the news and speculation, I think you also need to consider that because that is a big factor that might affect the market, the movement is not stable so you cannot just based on the graph because there are more information that would help you to make a right and timely decision, be updated of the current news and events, that's also useful.
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
December 09, 2017, 07:46:31 PM
Indeed,  trading is unpredictable  but you can put your risk limit. Chart reading can prevent you to make loss positions ,  can even give you profit.
full member
Activity: 308
Merit: 100
December 09, 2017, 07:44:32 PM
Trading is to  analyse the logic of society, events and the factors of price. When people jump to every suggestion without researching and when they don`t have patience trading becomes a dangerous game
full member
Activity: 210
Merit: 100
Large scale, green crypto mining ICO
December 09, 2017, 07:39:49 PM
Yes trading is an unpredictable job but there are a  lot of technical indicators that can help you minimize the risk of lsoing your moeny. It is a must if you are a trader. Through this, you can have a reliable plan where you can at least tell where to enter and where to exit. But always remember to differentiate investor to trader. Investors actually don’t need to study the technicals. They rely on the projection of their investment in the long run. Tarders need to have a money management system. It is a mist have to avoid burning out your entire portfolio. And practice to control your emtiojs even in the most pressurable times. It may save you from complete disaster.
hero member
Activity: 812
Merit: 500
December 09, 2017, 07:29:17 PM
Trading can say unpredictable job but we can make analysis and assumptions,make cost and benefit analysis if you take benefit rather than your cost diversify it or reinvest it which will make you more stable and clear outcomes will be there.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 09, 2017, 07:20:37 PM
i can sure trading is extremely dangerous, it is unpredictable, specially with bitcoin, we are witnessing it is rising too much that we can not know for sure will bitcoin drop in the future, if it does drop quickly, many of us will loose the money, so before we start trading, we should know clearly about the risk.
The problem is that people think that after watching a few videos about trading they are experts on the matter and invest their bitcoin in it and as we know most of them are going to lose their money and then they regret to have begun trading, trading can be profitable but it is only for those that have huge experience and knowledge about the subject.
sr. member
Activity: 1274
Merit: 252
December 09, 2017, 12:21:44 AM
Even experts in trading can't always guarantee a consistent winning trade even they use a lot chart reading methods so it's still a speculation and the only certain chance that it will skyrocket is if a news or a progress benefiting the coin comes out.
Yeah news and development has a very big role for a coin to grow that is why traders do not rely in technical analysis but also in fundamental but its not all the time that their prediction will be hit. So they have to their analysis again if ever the coin will go in another way.
That's why we need to be always aware of what is happening, that would make us make a good decision at the right time.
Making money is all we need so we need to work hard for it and be smart all the time, this is a big gambling when you choose trading, you need to know the risk.
So in addition to the three things the OP says is method, money, mind and we also need information, now I think many traders rely more on news about coin development than reading chart.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
December 08, 2017, 11:40:28 PM
Even experts in trading can't always guarantee a consistent winning trade even they use a lot chart reading methods so it's still a speculation and the only certain chance that it will skyrocket is if a news or a progress benefiting the coin comes out.
Yeah news and development has a very big role for a coin to grow that is why traders do not rely in technical analysis but also in fundamental but its not all the time that their prediction will be hit. So they have to their analysis again if ever the coin will go in another way.
That's why we need to be always aware of what is happening, that would make us make a good decision at the right time.
Making money is all we need so we need to work hard for it and be smart all the time, this is a big gambling when you choose trading, you need to know the risk.
full member
Activity: 294
Merit: 102
December 08, 2017, 11:25:13 PM
Of course it is no one can tell or predict what's exactly gonna happen next that's why it is hard, but we use our past mistakes and analyze the current situation to make a better decision so we can profit a lot in trading. Trading is harder than we tought but we can get a hold of it when we always do it.
hero member
Activity: 798
Merit: 502
December 08, 2017, 09:08:13 PM
Even experts in trading can't always guarantee a consistent winning trade even they use a lot chart reading methods so it's still a speculation and the only certain chance that it will skyrocket is if a news or a progress benefiting the coin comes out.
Yeah news and development has a very big role for a coin to grow that is why traders do not rely in technical analysis but also in fundamental but its not all the time that their prediction will be hit. So they have to their analysis again if ever the coin will go in another way.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 08, 2017, 07:44:17 PM
Even experts in trading can't always guarantee a consistent winning trade even they use a lot chart reading methods so it's still a speculation and the only certain chance that it will skyrocket is if a news or a progress benefiting the coin comes out.
Traders try to get earnings when things are calm, when the price moves between certain ranges, when the of bitcoin goes up like this you do not need to be a genius to make money just hold, what they are trying to do is to obtain profits above the market and that is not easy especially when the market gave us so much money already.
jr. member
Activity: 350
Merit: 1
December 08, 2017, 06:01:24 AM
Trading is indeed a unpredictable job specially here in the crypto world we all know that the crypto market is so volatile sometimes the value of coins flactuates very high or very low we never know when we will earn a good profit or we end at loss. But for the members here who are in trading are already used to it to the volatility of the market.
full member
Activity: 560
Merit: 100
December 08, 2017, 02:44:49 AM
For me its unpredictable job because before i dont know what is bitcoin and what is trading and now im here want to learn about bitcoin and how to trade.Im so thankful because im part of this project.In trading we have to work hard if we want to success .Trading bitcoin is so unpredictable to everyone because we dont  know when bitcoin goes up and down thats why we have to be patient always .
newbie
Activity: 15
Merit: 0
December 07, 2017, 11:36:44 PM
it's absolutely unpredictable, analyze all price, control our emotion, etc.
its truly somehow a mind piece job, we can say that most of the times we are predicting  on the  price when we do trading and thats truly the essence when you are trading something  you are right  if  we loss trades we  dont  loss it all since we set a specific amount on that trading.

yeah, I always say crypto doesn't follow regular market analysis. it's just completely different world
full member
Activity: 202
Merit: 100
December 07, 2017, 11:13:44 PM
Yes, I agree trading is very risky and unpredictable and you can never judge what will happen in next minute or hour. Price can jump high or it can below very quickly. So always keep eyes on the moving prices.
member
Activity: 224
Merit: 11
December 07, 2017, 11:08:18 PM
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. I think method, money and mind are three factor that play an important part in investing in. With suitable method, you can get big benefits from it because you have trust and skill to get one that you think it’s secure  for your investment. Money is not only significant but also  necessary. It brings to you more temerarious and confident. It seems to me that Mind is the most important factor. It keep my mind much more patient, careful and control my emotion well. If we was control us emotion then we just can win in trading.
member
Activity: 434
Merit: 10
X-Block.io
December 07, 2017, 10:36:18 PM
Well your right, We are the same situation i also fail i predicting  in trading.  When i sell or trade my token in low profit then after a few days it will pump three times in my sell order. But when i hold the token will go down and dump until it will become display in my wallet, but it's okay i learned for my mistake now i have some patience.  Grin
member
Activity: 217
Merit: 10
December 07, 2017, 10:30:34 PM
i can sure trading is extremely dangerous, it is unpredictable, specially with bitcoin, we are witnessing it is rising too much that we can not know for sure will bitcoin drop in the future, if it does drop quickly, many of us will loose the money, so before we start trading, we should know clearly about the risk.
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