Trading is unpredictable job. - page 48.

8Habits

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Quote from: erep on October 19, 2017, 01:42:31 PM

This is why I say, trading is actually gambling. You cant predict a coin's future by just seeing its team or the value. Lots of factors comes into the picture when you say unpredictable.

Yes, trading can be a gamble too. But, you are only gambling in trading if you really don't know what you are doing and you just trade anything at random hoping that you will earn big. However, if you trade out of careful research and bankroll management, you will have more chances of having winning trades versus losing trades.

erep

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This is why I say, trading is actually gambling. You cant predict a coin's future by just seeing its team or the value. Lots of factors comes into the picture when you say unpredictable.

ankylotic

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Quote from: Dalmar on October 16, 2017, 06:36:52 PM

Quote from: eloymjb on October 16, 2017, 05:52:20 PM

very well, yes! trading is very risky no one knows if you are in good or in bad. you have to be aware on what will happen soon. trading is gambling that allows you to be a person who want a good profit but not at all. just trade what you want to lose.

Never mislead trading with gambling.They are different terms. Trading has a lot of features and can make you rich person if you know what you are doing.Gambler are looking for easy money but only experinced punters get good profit.Trading requires experience and skills to understand correlations between markets with charts.

yes it is and according to all the experience and knowledge we cannot deny the fact that trading is a unpredictable job. we just have to have precision in the account for the price of coin. when those prices rise and when prices declined coin. we cannot predict the future of any coin. we just predict its future by seeing its potential or its previous performance and what happen to its future exactly no one can predict.

doomloop

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Quote from: twicezeroiszero on October 19, 2017, 07:02:09 AM

Quote from: LordDisick on October 19, 2017, 02:20:08 AM

Quote from: aishyoo17 on October 11, 2017, 03:46:30 AM

Trading is not just about predicting what will be the value of the coin, it consist a skill and its not an easy job to be a trader you need to have a constant learning and experience to be become a good and professional trader. It will take years for you to master the craft of trading so i think traders are not just guessing at all.

Correct, trading is not simple and most of all its unpredictable. Before you can be an expert on trading you will face so many trials and challenges that's why its very important to do your research, read,gather more informations regarding trading, ask some advice from experts (there are alot here who doesn't mind to share their ideas) and be responsible and smart trader once you start your trading journey.

Even you were expert, you still can not predict 100% the future of the market.
We are play a game and this game does not created by one human, this game needs to has many people to create it.
So, every member of this game is the part of the scenario, the future of the market. Wink

Yeah indeed the value of the bitcoin is increasing because it is being use by a lot of people as the trading and the investing source, I am holding the bitcoin for the long time because I want to earn the good profit but it will be possible but if we will sell the bitcoin then the income of the bitcoin will not be so much high and it is the easy way to earn if you will hold the bitcoin for the long time so be the bitcoin to be bitcoin user.

MAJICOIN

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yes it is true trading is unpreidictable job. if you want to pridict trading it's need much experience and time management. if we pridict then we can make money through this. and that's why it is not easily pridictable for us it is very tough job. people are trading with any worry and they are earning good amount of money through these activities.

Fatanut

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Quote from: Dralarn on October 19, 2017, 07:34:09 AM

anyone who says they can predict the market or foresee a pump/drop is lying. It's simply not possible to foresee every single step of the market. Can you get better at it? Yes, but you'll never be able to buy at the topest high or at the lowest low (you might manage to do that some times, but the majority you'll be out). Just use normal techniques in trading such as stop loss orders, which don't require you to predict if things go good or bad. It's basically like a pillow and works wonderful to prevent further losses. You just say the price you are willing to sell and set the stop-loss order according to that, and that's it! Most people lose a fortune in the trading market because they are trying to ride the waves, which is a complete waste of time.

It's actually a technique for noob traders to hype the market by keeping on talking about it. I've been on facebook group chats and I had a "trading" group but they are just encouraging people to buy a certain coin. After a long time of being there, the "masters" have mentioned that they bought the coin for 2 digit satoshis and now the price of the coin is a couple of thousand satoshis. That's a lot of money already, right? But they are so greedy that they would trap newbies and convince them to buy that coin. I am aware that the coin is just some coin that is being hyped by people and it has no actual use. Just see what would people do just to hype a coin that they bought early on. It doesn't matter if newbies would spend a lot of money and end up being a bagholder of a shit coin. Once the coin goes down or experiences a hard dip, they are just telling the newbies (that they apparently brain washed) to just hold longer. It's no-brainer that it's also them that's been dumping the coin, convince the people to buy it, create some pump, and then sell some coin again. SMH

MFahad

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Eloncoin.org - Mars, here we come!

People are both the reason the prices change and we make money and the biggest issue with the markets, lol. There are some changes that make sense and others that are so completely emotion driven that it is crazy. I have seen one chat box comment make or break a coin, it is that crazy.

I have watched potential good projects ripped apart on the forums and destroyed because a few people attacked them with questions that were so impossible to answer it was insane.

Dralarn

member

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anyone who says they can predict the market or foresee a pump/drop is lying. It's simply not possible to foresee every single step of the market. Can you get better at it? Yes, but you'll never be able to buy at the topest high or at the lowest low (you might manage to do that some times, but the majority you'll be out). Just use normal techniques in trading such as stop loss orders, which don't require you to predict if things go good or bad. It's basically like a pillow and works wonderful to prevent further losses. You just say the price you are willing to sell and set the stop-loss order according to that, and that's it! Most people lose a fortune in the trading market because they are trying to ride the waves, which is a complete waste of time.

twicezeroiszero

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Borderless for People, Frictionless for Banks

Quote from: LordDisick on October 19, 2017, 02:20:08 AM

Quote from: aishyoo17 on October 11, 2017, 03:46:30 AM

Trading is not just about predicting what will be the value of the coin, it consist a skill and its not an easy job to be a trader you need to have a constant learning and experience to be become a good and professional trader. It will take years for you to master the craft of trading so i think traders are not just guessing at all.

Correct, trading is not simple and most of all its unpredictable. Before you can be an expert on trading you will face so many trials and challenges that's why its very important to do your research, read,gather more informations regarding trading, ask some advice from experts (there are alot here who doesn't mind to share their ideas) and be responsible and smart trader once you start your trading journey.

Even you were expert, you still can not predict 100% the future of the market.
We are play a game and this game does not created by one human, this game needs to has many people to create it.
So, every member of this game is the part of the scenario, the future of the market. Wink

dacsee

newbie

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Between trading and holding, holding will always win out and that's the only way anyone makes substantial gains

dharnamonitor

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Rebellious on October 16, 2017, 11:56:19 AM

Trading is a very hard skill to master. You need a lot of knowledge, emotion control and patience. It's very risky and also very rewarding!

Yes, it takes time to master or to make your own strategy or plan, we need to obtain more information for us to be able to arive at the right decision so that we can avoid losing the money that we invest. Another thing is the emotion, this applies to myself when I am starting on this kind of thing, before, I'm driven by my emotion to buy or to trade to another altcoin without thinking on losing, and the result is I lose some of my coins then after that happenings I decided to control my emotion. Trading is very risky, especially for the beginners but it is also rewarding just like what you said and those reward makes trading more exciting.

Ziskinberg

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Quote from: Granxis on October 19, 2017, 04:04:26 AM

You need to use a lot of methods when making predictions. These methods are actually things that many people know. Another important issue; to decide according to their estimates, not the estimates of those who are important. Your own interpretation is always more valuable.

There a lot of method but you only have to choose those who are relevant enough so you will not waste your time reading information that are not helpful to you in making a right decision. It's unpredictable but when you feed yourself with information you'll be able to arrive at a great analysis that will most likely hit and that way you will profit, you are gambling with your prediction so it's just right to carefully consider all the details before pulling the trigger.

Granxis

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You need to use a lot of methods when making predictions. These methods are actually things that many people know. Another important issue; to decide according to their estimates, not the estimates of those who are important. Your own interpretation is always more valuable.

LordDisick

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Quote from: aishyoo17 on October 11, 2017, 03:46:30 AM

Trading is not just about predicting what will be the value of the coin, it consist a skill and its not an easy job to be a trader you need to have a constant learning and experience to be become a good and professional trader. It will take years for you to master the craft of trading so i think traders are not just guessing at all.

Correct, trading is not simple and most of all its unpredictable. Before you can be an expert on trading you will face so many trials and challenges that's why its very important to do your research, read,gather more informations regarding trading, ask some advice from experts (there are alot here who doesn't mind to share their ideas) and be responsible and smart trader once you start your trading journey.

jpoker272727

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Quote from: morgan4140 on October 16, 2017, 07:17:21 AM

of course, the main thing in trading in my opinion as in gambling self-control, you need to control yourself and not to try by any means to recover their lost money.

Self-control is no doubt very much beneficial thing and one can earn as many money as he wants to earn. Trading is an entirely different concept than other things. It is because of the reason that it is much more technical. On the other hand, if you have good grip in trading then you can surely earn a very good amount of money in the world of trading.

Qunenin

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And those issue and questions were based not on that project, but on some failed or scammed project from a week back and completely different devs and groups. It is exciting and makes us rich, but it is also like looking too closely at the Walmart customers, it will drive you nuts.

Dalmar

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Life is short, practice empathy in your life

Quote from: eloymjb on October 16, 2017, 05:52:20 PM

very well, yes! trading is very risky no one knows if you are in good or in bad. you have to be aware on what will happen soon. trading is gambling that allows you to be a person who want a good profit but not at all. just trade what you want to lose.

Never mislead trading with gambling.They are different terms. Trading has a lot of features and can make you rich person if you know what you are doing.Gambler are looking for easy money but only experinced punters get good profit.Trading requires experience and skills to understand correlations between markets with charts.

eloymjb

full member

Activity: 247

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very well, yes! trading is very risky no one knows if you are in good or in bad. you have to be aware on what will happen soon. trading is gambling that allows you to be a person who want a good profit but not at all. just trade what you want to lose.

Ziskinberg

hero member

Activity: 3010

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Quote from: ghost14k on October 16, 2017, 05:08:49 PM

I totally agree with you to some extent. Its unpredictable sometimes but you can as well study the market. Many people have studied it and are equally earning decent cash from trading. Though you need to have your risk management in place. I believe that trading can be very predictable but chances of not predicting the market is very low.

Knowing the market is unpredictable the more we are required to study to improve our skills in predicting, if some people were successful in trading then for sure we all have the chance to make it happen to us also. There are news and relevant information that could be our basis in predicting so it would not be hard for us if we use them as our reference, we should be educated enough to make a right guess.

ghost14k

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I totally agree with you to some extent. Its unpredictable sometimes but you can as well study the market. Many people have studied it and are equally earning decent cash from trading. Though you need to have your risk management in place. I believe that trading can be very predictable but chances of not predicting the market is very low.

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