Trading is unpredictable job. - page 72.

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Quote from: Raphal on July 03, 2017, 05:29:57 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?

Luck, I think Cheesy

And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time.

Luck is the great companion in the world of alts trade, but technical analysis helps a lot when making trade

I will not delve into this subject about technical analysis because it is very annoying

Vikingr

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Quote from: densuj on July 03, 2017, 02:53:14 AM

Quote from: Singwala on July 01, 2017, 11:37:36 PM

yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price

Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price.

In the case of altcoin I do not think that it will be beneficial to buy when the coin will go to lower because many times I have noticed that when an altcoin go downward then it do not come back again and go down to deep or go to die. Mostly I invest in coins when it is in upward direction.

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Quote from: Bagaji on June 19, 2017, 12:23:26 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?

I can't completely accept with your conclusion that trading is unpredictable. If you know what trading is all about am sure you will accept that trading is predictable. If you say trading is not predictable, it means there is no difference between trading and gambling. But there is a great difference between the two. The only thing you need to be successful in trading is a good knowledge of how it works, which I will recommend you Google babypipschool.

Gambling and trading both are ways different from each other. It is very simple to explain and to understand the difference in them. In trading you don’t lose all your money while in gambling you have a chance to lose all your money.
Trading unpredictability is up to the market like most of the traders may have invested in bitcoin, ETH, Doge or ripple or in many other alts which dropped its price and caused loses to the traders but still they didn’t lose all.

8Habits

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Quote from: TitanGEL on July 03, 2017, 09:03:08 AM

Quote from: sobsitesearch on July 03, 2017, 05:55:58 AM

Quote from: Raphal on July 03, 2017, 05:29:57 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?

Luck, I think Cheesy

And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time.

Agree luck has a big part in trading most of us is based on our own prediction we buy a coin that we know has a possibility to increase its value then if you are lucky that coin will pump and you will get profit then there is a bad side that you lost your money. Our mind are only looking for profit most of the time we do panic selling because we are afraid to lost our money.

Yeah I agree to you that you say luck is a big part in the trading world it is because if you are holding a coin and the value of thr coin that you hold is become double or triple it can be called luck.

I believe with trading, we can give ourselves a lot of chances to get lucky by opening an informed and skillfuly done trades. This way, we are more luckier when we have couple of pre-planned strategic trades than no strategies at all.

TitanGEL

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Quote from: sobsitesearch on July 03, 2017, 05:55:58 AM

Quote from: Raphal on July 03, 2017, 05:29:57 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?

Luck, I think Cheesy

And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time.

Agree luck has a big part in trading most of us is based on our own prediction we buy a coin that we know has a possibility to increase its value then if you are lucky that coin will pump and you will get profit then there is a bad side that you lost your money. Our mind are only looking for profit most of the time we do panic selling because we are afraid to lost our money.

Yeah I agree to you that you say luck is a big part in the trading world it is because if you are holding a coin and the value of thr coin that you hold is become double or triple it can be called luck.

8Habits

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Quote from: sobsitesearch on July 03, 2017, 05:55:58 AM

Quote from: Raphal on July 03, 2017, 05:29:57 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?

Luck, I think Cheesy

And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time.

Agree luck has a big part in trading most of us is based on our own prediction we buy a coin that we know has a possibility to increase its value then if you are lucky that coin will pump and you will get profit then there is a bad side that you lost your money. Our mind are only looking for profit most of the time we do panic selling because we are afraid to lost our money.

That is why before we even start trading we need to have this resolved in ourselves that we need to follow our gameplan without any emotions so that we can thing clearly versus to let your emotions do the trading impulse.

aesma

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fly or die

Quote from: Ziskinberg on July 03, 2017, 03:15:51 AM

Quote from: densuj on July 03, 2017, 02:53:14 AM

Quote from: Singwala on July 01, 2017, 11:37:36 PM

yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price

Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price.

Just make it very simple, if you have bought a coin and the price continue to go down all you need is to have patience and wait for it until it rises again.
It's not hard to understand how to make money in trading but not only that you are smart mentality but you also have to be strong emotionally.

Since many alt fail, that strategy will lost you a lot of money ! I'd say the opposite strategy is required, define a stop loss limit and keep to it.

sobsitesearch

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Quote from: Raphal on July 03, 2017, 05:29:57 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?

Luck, I think Cheesy

And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time.

Agree luck has a big part in trading most of us is based on our own prediction we buy a coin that we know has a possibility to increase its value then if you are lucky that coin will pump and you will get profit then there is a bad side that you lost your money. Our mind are only looking for profit most of the time we do panic selling because we are afraid to lost our money.

Raphal

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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?

Luck, I think Cheesy

And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time.

charlescoin

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I'm going to go against the trend and say there is very little skill to trading. Very short term trading is about luck and medium/long term trading is about common sense. I have tried technical analysis on crypto before and it behaves too randomly to trust it so much better to look at common sense and think of a good medium/long term valuation of a coin and sell it once it reaches or goes above that valuation.

Tungsten-1

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Quote from: Zenithar on July 01, 2017, 06:27:11 PM

Quote from: AjithBtc on July 01, 2017, 10:54:03 AM

Trading is unpredictable, but one can predict to some extent if he has been observing the same for a longer time period. The close predicting ability increases based on the experience or years of active participation into the trading market of cryptocurrencies. Without that only fortune give users the Profiting.

I do not think that trading is unpredictable job. I think it is depending on your experience, If you have good skill in trading then you can predict about the price of bitcoin as other experience people do it. for example in preset time people are expecting that the price can go more high, although the segwet issue is on heed but still most of the predictor are convinced about that the price of bitcoin will more high, that he is claiming on his experience and for most the time their prediction proved as correct.

Correct, trading is depend on your skills if you have a good skills about trading you gain more profit and if you have no good skills and experience about trading, that how we start trading and how we get more profit from trading, and without these techniques you start trading you will doing loss. So when you start trading firstly you should study about the trading market and then start trading, I am sure you gain profit. More to me you are right that its price will be increasing in future and those who buy bitcoin they have a right time now to buy more bitcoin.

senyorito123

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Quote from: 8Habits on July 03, 2017, 03:34:17 AM

Quote from: Ziskinberg on July 03, 2017, 03:15:51 AM

Quote from: densuj on July 03, 2017, 02:53:14 AM

Quote from: Singwala on July 01, 2017, 11:37:36 PM

yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price

Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price.

Just make it very simple, if you have bought a coin and the price continue to go down all you need is to have patience and wait for it until it rises again.
It's not hard to understand how to make money in trading but not only that you are smart mentality but you also have to be strong emotionally.

That is so true about being not just having smart mentality but also have to be emotiionally strong.. My advice is that when you are just starting out with crypto trading, you can always be too emotional and tempted to sell even at loss but you can actually combat it by changing onse mindset through buy and automatically sell at a higher price and logout for hours your days. And then you just rinse and repeat.

Those uneducated are mostly the one who's prone to drop all their hodl tokens since they doesn't know how to play around eventhough the dump has started and also they are the one who's been easily to shaken of if they see the red state is slowly occur, So better for them to earn with this platform they should read more facts about their coins and maybe coinmarketcap can help them to see the stats so that they can control there feelings interms of securing the profits and holding the coins for long days stake if bad rates happen.

8Habits

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Quote from: Ziskinberg on July 03, 2017, 03:15:51 AM

Quote from: densuj on July 03, 2017, 02:53:14 AM

Quote from: Singwala on July 01, 2017, 11:37:36 PM

yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price

Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price.

Just make it very simple, if you have bought a coin and the price continue to go down all you need is to have patience and wait for it until it rises again.
It's not hard to understand how to make money in trading but not only that you are smart mentality but you also have to be strong emotionally.

That is so true about being not just having smart mentality but also have to be emotiionally strong.. My advice is that when you are just starting out with crypto trading, you can always be too emotional and tempted to sell even at loss but you can actually combat it by changing onse mindset through buy and automatically sell at a higher price and logout for hours your days. And then you just rinse and repeat.

Ziskinberg

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Quote from: densuj on July 03, 2017, 02:53:14 AM

Quote from: Singwala on July 01, 2017, 11:37:36 PM

yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price

Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price.

Just make it very simple, if you have bought a coin and the price continue to go down all you need is to have patience and wait for it until it rises again.
It's not hard to understand how to make money in trading but not only that you are smart mentality but you also have to be strong emotionally.

densuj

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Quote from: Singwala on July 01, 2017, 11:37:36 PM

yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price

Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price.

A.H.Rassel

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Trading is a hard predictionary strategy and too difficult to anticipate what will happen to its cost and coin a short time later simply like now numerous new digital forms of money has gone into the market trades just to dump their coins and profit. There's likewise an unpredicted pump and dump plot that will give your mind a chance to think since a greater amount of the coins were completely overseen or controlled by a gathering of controllers

abayan

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Quote from: 8Habits on July 03, 2017, 02:11:17 AM

Quote from: abayan on July 03, 2017, 01:39:40 AM

Quote from: joromz1226 on July 03, 2017, 01:31:17 AM

Quote from: iqlimasyadiqa on December 09, 2016, 11:16:22 AM

Quote from: iamTom123 on December 09, 2016, 10:52:54 AM

Well, I partly agree with that statement but that is precisely the big reason why we have a very big business trading...the volatility of the market can be a factor why a trader will earn money and of course lose money on the other side of the fence. Trading is not for everybody though anybody can be a trader with the help of the internet and new technologies.

all is indeed an option. we are free to choose us. to be a trader or not it is the best choice. however I think that the trader was a very nice job. This is a job to observe price movements up and down an investment.

That's the heart of trading which is the volatility of the price of each coins in the market where traders also had a chance to get
profit too if there is increase or decreasing happening in the value of coins.

If you have a good predictions ,right now market was decreasing because of some issues or news but it is the right time to buy some good coins that will go up again to the moon. many take this kind of big opportunity to earn a sure profits in trading.

You are correct. When people are panicking selling their altcoins out of fear and anxiety, it is the best time for wise trader to buy as much as they can and when the statistics are starting to bounce back and people are busy buying, then that is the perfect time to sel and bank hard.

In this times some newbiews without a guide from a trader he may sell it in loss but if he has a mentor its good for him to tkae profit in this red season in market. Pro traders always earn on this bounce back of price like you said and its true they well know the advantage of FUD news .

8Habits

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Quote from: abayan on July 03, 2017, 01:39:40 AM

Quote from: joromz1226 on July 03, 2017, 01:31:17 AM

Quote from: iqlimasyadiqa on December 09, 2016, 11:16:22 AM

Quote from: iamTom123 on December 09, 2016, 10:52:54 AM

Well, I partly agree with that statement but that is precisely the big reason why we have a very big business trading...the volatility of the market can be a factor why a trader will earn money and of course lose money on the other side of the fence. Trading is not for everybody though anybody can be a trader with the help of the internet and new technologies.

all is indeed an option. we are free to choose us. to be a trader or not it is the best choice. however I think that the trader was a very nice job. This is a job to observe price movements up and down an investment.

That's the heart of trading which is the volatility of the price of each coins in the market where traders also had a chance to get
profit too if there is increase or decreasing happening in the value of coins.

If you have a good predictions ,right now market was decreasing because of some issues or news but it is the right time to buy some good coins that will go up again to the moon. many take this kind of big opportunity to earn a sure profits in trading.

You are correct. When people are panicking selling their altcoins out of fear and anxiety, it is the best time for wise trader to buy as much as they can and when the statistics are starting to bounce back and people are busy buying, then that is the perfect time to sel and bank hard.

abayan

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Quote from: joromz1226 on July 03, 2017, 01:31:17 AM

Quote from: iqlimasyadiqa on December 09, 2016, 11:16:22 AM

Quote from: iamTom123 on December 09, 2016, 10:52:54 AM

Well, I partly agree with that statement but that is precisely the big reason why we have a very big business trading...the volatility of the market can be a factor why a trader will earn money and of course lose money on the other side of the fence. Trading is not for everybody though anybody can be a trader with the help of the internet and new technologies.

all is indeed an option. we are free to choose us. to be a trader or not it is the best choice. however I think that the trader was a very nice job. This is a job to observe price movements up and down an investment.

That's the heart of trading which is the volatility of the price of each coins in the market where traders also had a chance to get
profit too if there is increase or decreasing happening in the value of coins.

If you have a good predictions ,right now market was decreasing because of some issues or news but it is the right time to buy some good coins that will go up again to the moon. many take this kind of big opportunity to earn a sure profits in trading.

joromz1226

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Quote from: iqlimasyadiqa on December 09, 2016, 11:16:22 AM

Quote from: iamTom123 on December 09, 2016, 10:52:54 AM

Well, I partly agree with that statement but that is precisely the big reason why we have a very big business trading...the volatility of the market can be a factor why a trader will earn money and of course lose money on the other side of the fence. Trading is not for everybody though anybody can be a trader with the help of the internet and new technologies.

all is indeed an option. we are free to choose us. to be a trader or not it is the best choice. however I think that the trader was a very nice job. This is a job to observe price movements up and down an investment.

That's the heart of trading which is the volatility of the price of each coins in the market where traders also had a chance to get
profit too if there is increase or decreasing happening in the value of coins.

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