Trading is unpredictable job. - page 51.

coinplus

legendary

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Quote from: Heacygg on October 05, 2017, 02:34:58 PM

Quote from: YinShuiSiYuan on October 03, 2017, 12:15:04 PM

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?

EVERYONE can try to predict market but not everyone is right that's why and how people can lose their fortune.

yes it is a fact that trading is unpredictable job in one moment you will seems to be a rich but in the other moment you will be a poor person but in bitcoins it will never happened with you because the prices are going high and high so if you are in the world of bitcoins you will always seems to be a rich.

That is HODLing and not the usual trading buddy. If you want to bank on the price going higher and higher and higher, then you are expecting a huge return after a long term.

Every trader tend to make use of the volatility to their advantage and unfortunately we cannot always predict right sometimes no matter the technical analytical skills. So there is always a possibility of losing what you have in trading, if you are not smart and do have the slightest idea how to trade effectively.

infinity33

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Quote from: pitiflin on October 06, 2017, 12:27:53 PM

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?

Trading is not an unpredictable job whatsoever, you have got to be smart and quick witted and know how to handle situations, as simple as that. Agreed that sometimes trading is not everybody's cup of tea. But that doesn't mean that you should give up on it. You will make some mistakes or your assumptions might go wrong, but that's the time when you will learn from your mistakes and soon you will be an expert as you will try to avoid them.

As on how you can be trainable you must have some experience anyone can make mistakes but for every mistakes there should be a lesson learned that for the second time around you may now apply what you have learned unpredictable job i agree for trading just because it is not easy to analyze every single detail for you to know what can happen next.

DamCryp

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Agree, set up you trading plan, make sure you follow your own levels and set aside emotions. If your gonna be an intra day trader, find the trading tools that better suit your needs, If you wanna be a long term investor on certain names while trading them make sure to be on top of recent news and info from the devs, joins their telegrams, discords, etc... Find your own rhythm and ajust accordinly, start small and grow as you get more comfortable in your "trader/investor skin"

pitiflin

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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?

Trading is not an unpredictable job whatsoever, you have got to be smart and quick witted and know how to handle situations, as simple as that. Agreed that sometimes trading is not everybody's cup of tea. But that doesn't mean that you should give up on it. You will make some mistakes or your assumptions might go wrong, but that's the time when you will learn from your mistakes and soon you will be an expert as you will try to avoid them.

GoodLuck2

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Quote from: gabmen on October 05, 2017, 11:34:48 AM

Quote from: infinity33 on October 05, 2017, 07:27:43 AM

Quote from: Cosbycoin on October 05, 2017, 07:23:33 AM

Quote from: barabut on October 03, 2017, 03:43:17 AM

Quote from: malikusama on October 02, 2017, 02:55:23 PM

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?

While having investment/capital for trading you need two more things to become a successful trader i.e experience and patience. A trader who can't control his/her emotions while trading could never be successful. There isn't any complex method involved in trading, through experience you become able to decide the PPP which is Perfect price on Perfect time at Perfect place while buying and selling.

Totally with you in my point of view experience is the most important thing together with the ability to predict by reading the data flow

There is only experience when you are coming to predict anything in this crypto world. You are right that people are just making FUDs and roamers about bitcoins and that all just go to dustbin on the very next day.

So experience is something that can help you to synthesize some important and valid predictions, so just win or learn.

experience is a must and you should have for me you don't need to predict for it for you to be a winner maybe trusting and make some personal study of it for you to know what should be next what can happen for it.

That's given. You'll encounter several different situations in trading and you'll learn from each and everyone.of those. Most experts started with having string of losses and they built their experiences from that

Nobody gets perfection without making mistakes or else he will never realize what it means to be an expert. Diamond takes centuries to become that precious from a coal. Similarly, pearl are not formed in days. Everything that has the most value takes time. In our case, we are also shaped out by facing failure. Future is unpredictable so there is always a room for the unexpected happenings.

Nerman

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Activity: 364

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Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.

sheryl26

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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?

Yes trafing is indeed an unpredictable job because you cannot say whem do the coins will pump or will dump. There are times that the coins that you are trading is too expensive and which you are able to gain a lot of profit in it. Butbthere are also time that the value of the coins never grows up so you profits will be too small. It is too risky especially when you cannot control ypur emotions because it might lead ypu to much more bad decisions, ypu should not be afraid to lose big money of you want to be a trader.

RoooooR

legendary

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Yes it is, i don't really have any beef with trading or traders out there. but for me, i'll be engaging myself on bounties. Since it's less stressful and works for me well. I believe trading produces money but bounty produces more and more sustainable for me. But when you are after long shots, I think trading is a good deal for you.

Ziskinberg

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Quote from: clrpod on October 05, 2017, 06:27:28 PM

Trading even in well established markets like forex is very risky so it is obvious that trading in a highly volatile market like cryptocurrencies will be very risky and very unpredictable. These are the perfect conditions however to make very large earnings so it is a risk/reward kind of situation.

The risk is normal because we need to start with money to make money, there are some who are successful in trading so we who also want that success are willing to take the risk and try our luck. It's not a short term but a long term process, if we fail in the beginning that is not the end of our journey but it's just the beginning, if we keep improving our strategy in trading and we stay in control then eventually we will be successful in the long run.

clrpod

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Trading even in well established markets like forex is very risky so it is obvious that trading in a highly volatile market like cryptocurrencies will be very risky and very unpredictable. These are the perfect conditions however to make very large earnings so it is a risk/reward kind of situation.

hahay

legendary

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Leading Crypto Sports Betting & Casino Platform

I think trading is a job that can still be predicted easily for those who have expert in reading graphics on the market. I often see the news of someone who is successful on trading and I conclude if trading is still predictable the most important we have to do well and decide everything with the right time.

SouperNerd

newbie

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Quote from: Wishcoin.IO on October 05, 2017, 05:29:10 PM

There are undoubtedly skilful traders operating within the crypto market however a lot of traders have been protected by the markets overall upward trend to date. Unlike other markets such as the Forex, bitcoin has always rallied ever higher, thus it has always been a good decision to buy bitcoin to date, with exception for those that bought at the recent peak, but I believe they too will be vindicated in time.

Yep, even those who bought in 2013 peak did very well if they held.

Wishcoin.IO

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There are undoubtedly skilful traders operating within the crypto market however a lot of traders have been protected by the markets overall upward trend to date. Unlike other markets such as the Forex, bitcoin has always rallied ever higher, thus it has always been a good decision to buy bitcoin to date, with exception for those that bought at the recent peak, but I believe they too will be vindicated in time.

Heacygg

member

Activity: 94

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Quote from: YinShuiSiYuan on October 03, 2017, 12:15:04 PM

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?

EVERYONE can try to predict market but not everyone is right that's why and how people can lose their fortune.

yes it is a fact that trading is unpredictable job in one moment you will seems to be a rich but in the other moment you will be a poor person but in bitcoins it will never happened with you because the prices are going high and high so if you are in the world of bitcoins you will always seems to be a rich.

gabmen

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Quote from: infinity33 on October 05, 2017, 07:27:43 AM

Quote from: Cosbycoin on October 05, 2017, 07:23:33 AM

Quote from: barabut on October 03, 2017, 03:43:17 AM

Quote from: malikusama on October 02, 2017, 02:55:23 PM

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?

While having investment/capital for trading you need two more things to become a successful trader i.e experience and patience. A trader who can't control his/her emotions while trading could never be successful. There isn't any complex method involved in trading, through experience you become able to decide the PPP which is Perfect price on Perfect time at Perfect place while buying and selling.

Totally with you in my point of view experience is the most important thing together with the ability to predict by reading the data flow

There is only experience when you are coming to predict anything in this crypto world. You are right that people are just making FUDs and roamers about bitcoins and that all just go to dustbin on the very next day.

So experience is something that can help you to synthesize some important and valid predictions, so just win or learn.

experience is a must and you should have for me you don't need to predict for it for you to be a winner maybe trusting and make some personal study of it for you to know what should be next what can happen for it.

That's given. You'll encounter several different situations in trading and you'll learn from each and everyone.of those. Most experts started with having string of losses and they built their experiences from that

infinity33

full member

Activity: 294

Merit: 100

Quote from: Cosbycoin on October 05, 2017, 07:23:33 AM

Quote from: barabut on October 03, 2017, 03:43:17 AM

Quote from: malikusama on October 02, 2017, 02:55:23 PM

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?

While having investment/capital for trading you need two more things to become a successful trader i.e experience and patience. A trader who can't control his/her emotions while trading could never be successful. There isn't any complex method involved in trading, through experience you become able to decide the PPP which is Perfect price on Perfect time at Perfect place while buying and selling.

Totally with you in my point of view experience is the most important thing together with the ability to predict by reading the data flow

There is only experience when you are coming to predict anything in this crypto world. You are right that people are just making FUDs and roamers about bitcoins and that all just go to dustbin on the very next day.

So experience is something that can help you to synthesize some important and valid predictions, so just win or learn.

experience is a must and you should have for me you don't need to predict for it for you to be a winner maybe trusting and make some personal study of it for you to know what should be next what can happen for it.

Cosbycoin

hero member

Activity: 980

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Quote from: barabut on October 03, 2017, 03:43:17 AM

Quote from: malikusama on October 02, 2017, 02:55:23 PM

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?

While having investment/capital for trading you need two more things to become a successful trader i.e experience and patience. A trader who can't control his/her emotions while trading could never be successful. There isn't any complex method involved in trading, through experience you become able to decide the PPP which is Perfect price on Perfect time at Perfect place while buying and selling.

Totally with you in my point of view experience is the most important thing together with the ability to predict by reading the data flow

There is only experience when you are coming to predict anything in this crypto world. You are right that people are just making FUDs and roamers about bitcoins and that all just go to dustbin on the very next day.

So experience is something that can help you to synthesize some important and valid predictions, so just win or learn.

Mustion

jr. member

Activity: 45

Merit: 10

As gambling, trading is unpredictable the same as gambling . So i think in someway we called gambling as unpredictable games so we can called trading as unpredictable jobs as well. So with unpredictable things you should prepare for some loss and get over it. Don't be fear from it, overcome it and be stronger . Don't let it break you down.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: francesyrus on October 04, 2017, 07:20:39 PM

Yes trading is very unpredictable you can't ever know what would happen every single minute. Sometimes to can get profit in just couple of hours but sometimes it takes week or so. Patience is the key to success in trading. So before you enter the trading business you need to know the system first. You must study the movement of every coins you want to buy and sell.

Patience is the key and you also have to analyze the market because you might be making wrong decision to stay patient and not able to get out on time when the coin your are holding is dying. Remember there are plenty of coins out there that you can trade, do not invest on everything, instead limit only in few coins that you think is run buy a legitimate team and they are dedicated for the development of the project.

francesyrus

sr. member

Activity: 616

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Yes trading is very unpredictable you can't ever know what would happen every single minute. Sometimes to can get profit in just couple of hours but sometimes it takes week or so. Patience is the key to success in trading. So before you enter the trading business you need to know the system first. You must study the movement of every coins you want to buy and sell.

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