Topic: Trading is unpredictable job. - page 73. (Read 235982 times)

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.

I have received an email last month that the potential price of bitcoin will go as far as $10,000 a piece in 10 years from now. That is hell of a money. I am actually just saving all of my signature campaign earnings for years and will not touch them - I initially plan to use it to pay for my car loan but I am able to secure other source for that though.

Singwala

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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

Viyamore

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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.

Yes it is .The skills of having many experience in trading increases your analysis skills which lets you trade in good profits . The fortune to earn without anything is too low so you cant expect from it .

Zenithar

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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.

bitcoinmasterlord

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Quote from: Astermony on July 01, 2017, 03:26:28 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.

Yes in trading experience matter, here the newbie can not make a profit in short time. But the experienced person can make long term profit in trading. How many years you will spend on this trading that much knowledge you will gain from this trading. And here every loss will teach you one lesson how to do good trading. It is unpredictable but not for everyone.

AjithBtc

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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.

gabmen

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Quote from: daneranon89 on June 26, 2017, 06:31:54 AM

Quote from: 8Habits on June 26, 2017, 06:25:43 AM

Quote from: flower1024 on June 19, 2017, 01:02:11 PM

Quote from: daneranon89 on June 26, 2017, 06:31:54 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.

well said mate, if you say gambling is an unpredictable game I agree, but we can predict if we have knowledge on trading. We don't have the capacity to predict the future of the trading, but at present, we can guess which is best to trade and which is not based on our experience in trading. First we will lose some money, but later on, we will improve and increase our knowledge in trading.

In trading, if we are just starting out and keep on trading with small amount of practice money, we can really say that we either earn or learn in the process. There is really no losing when we first to trade online because you are still learning and the fact that there will always be losing trades even for experienced traders.

The thing is, when you are trading, you are actually predicting how the stock, currency, commodity or tokens (whichever instruments you are trading) will go in future. They may rally up or crash down. It doesn't make sense when you say trading is an unpredictable job. You will need to be smart and play with tools and strategies that will help you make more money than you loose.

That is right. That is why I do not trade a lot. My prediction is not very good.

Okay when you say unpredictable, that doesn't mean that you're like gambling with dice where the results are up in the air for luck to decide. As you gain experience in trading, though you can't really predict the exact max exit, you can profit almost all the time. With the right experience and patience, trading's unpredictability will be less for your earnings

Astermony

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Quote from: 8Habits on June 26, 2017, 06:25:43 AM

Quote from: flower1024 on June 19, 2017, 01:02:11 PM

Quote from: 8Habits on June 26, 2017, 06:25:43 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.

well said mate, if you say gambling is an unpredictable game I agree, but we can predict if we have knowledge on trading. We don't have the capacity to predict the future of the trading, but at present, we can guess which is best to trade and which is not based on our experience in trading. First we will lose some money, but later on, we will improve and increase our knowledge in trading.

In trading, if we are just starting out and keep on trading with small amount of practice money, we can really say that we either earn or learn in the process. There is really no losing when we first to trade online because you are still learning and the fact that there will always be losing trades even for experienced traders.

The thing is, when you are trading, you are actually predicting how the stock, currency, commodity or tokens (whichever instruments you are trading) will go in future. They may rally up or crash down. It doesn't make sense when you say trading is an unpredictable job. You will need to be smart and play with tools and strategies that will help you make more money than you loose.

That is right. That is why I do not trade a lot. My prediction is not very good.

daneranon89

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Quote from: flower1024 on June 19, 2017, 01:02:11 PM

Quote from: flower1024 on June 19, 2017, 01:02:11 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 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.

well said mate, if you say gambling is an unpredictable game I agree, but we can predict if we have knowledge on trading. We don't have the capacity to predict the future of the trading, but at present, we can guess which is best to trade and which is not based on our experience in trading. First we will lose some money, but later on, we will improve and increase our knowledge in trading.

In trading, if we are just starting out and keep on trading with small amount of practice money, we can really say that we either earn or learn in the process. There is really no losing when we first to trade online because you are still learning and the fact that there will always be losing trades even for experienced traders.

The thing is, when you are trading, you are actually predicting how the stock, currency, commodity or tokens (whichever instruments you are trading) will go in future. They may rally up or crash down. It doesn't make sense when you say trading is an unpredictable job. You will need to be smart and play with tools and strategies that will help you make more money than you loose.

8Habits

sr. member

Activity: 756

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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.

well said mate, if you say gambling is an unpredictable game I agree, but we can predict if we have knowledge on trading. We don't have the capacity to predict the future of the trading, but at present, we can guess which is best to trade and which is not based on our experience in trading. First we will lose some money, but later on, we will improve and increase our knowledge in trading.

In trading, if we are just starting out and keep on trading with small amount of practice money, we can really say that we either earn or learn in the process. There is really no losing when we first to trade online because you are still learning and the fact that there will always be losing trades even for experienced traders.

flower1024

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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.

well said mate, if you say gambling is an unpredictable game I agree, but we can predict if we have knowledge on trading. We don't have the capacity to predict the future of the trading, but at present, we can guess which is best to trade and which is not based on our experience in trading. First we will lose some money, but later on, we will improve and increase our knowledge in trading.

Bagaji

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Activity: 1330

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Quote from: --DarkSecrets-- on June 19, 2017, 06:23:54 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.

8Habits

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Quote from: joromz1226 on June 19, 2017, 05:41:32 AM

I agreed that trading is very unpredictable things, if you predict wrong everything in your balance can wreck.
Prediction is a common part of the trading I think, which I observed in the market platform.

Prediction is the result or the thing that your analysis does ,If you do two it is great because with a analysis through researching you can get some update how's a cpin project works .Wrong prediction happens only most pf the time if you have no knowledge about what you trade and you based on your emotions.

That is correct mate. If you are too emotional when trading, you will most likely sell very early and even take losses early. However, if you are well experienced and skilled trader, you don't care whether the price goes up or down, you just execute an exit when you hit your target price and that is it.

--DarkSecrets--

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Quote from: joromz1226 on June 19, 2017, 05:41:32 AM

I agreed that trading is very unpredictable things, if you predict wrong everything in your balance can wreck.
Prediction is a common part of the trading I think, which I observed in the market platform.

Prediction is the result or the thing that your analysis does ,If you do two it is great because with a analysis through researching you can get some update how's a cpin project works .Wrong prediction happens only most pf the time if you have no knowledge about what you trade and you based on your emotions.

joromz1226

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I agreed that trading is very unpredictable things, if you predict wrong everything in your balance can wreck.
Prediction is a common part of the trading I think, which I observed in the market platform.

gabmen

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Quote from: BCTBF on June 19, 2017, 02:07:46 AM

Quote from: KennyR on June 19, 2017, 01:41:27 AM

Quote from: BCTBF on June 19, 2017, 01:32:59 AM

Quote from: KennyR on June 19, 2017, 01:41:27 AM

It's not entirely unpredictable but there are signals or technical analysis that can help you to predict movement in the near future. But as we all know the crypto market can be unpredictable and wild.

I agree with you, but is it just a crypto market that is sometimes unpredictable and wild?
I think all the trading markets have a very significant equation, so I think all kinds of trades have the same core ie unpredictable jobs.

Shares can be learned and understood to make it predictable to some extent. The same won't happen with the cryptocurrency market because at the same time of forward price move the fall happens unexpected causing a loss. This makes it unpredictable than the other jobs.

Well, I can slightly illustrate your explanation and it seems I have understood but I still find it difficult to say. Thank you for sharing your experience, this is a basic lesson that must be had.

Yeah though there are a lot of things we can control or manage, we can't rrally predict the way a trade would play out. We can't know when the right entry and exit would be but with study, we can ay least be in a decent position for both.

BCTBF

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Quote from: BCTBF on June 19, 2017, 01:32:59 AM

Quote from: BCTBF on June 19, 2017, 01:32:59 AM

It's not entirely unpredictable but there are signals or technical analysis that can help you to predict movement in the near future. But as we all know the crypto market can be unpredictable and wild.

I agree with you, but is it just a crypto market that is sometimes unpredictable and wild?
I think all the trading markets have a very significant equation, so I think all kinds of trades have the same core ie unpredictable jobs.

Shares can be learned and understood to make it predictable to some extent. The same won't happen with the cryptocurrency market because at the same time of forward price move the fall happens unexpected causing a loss. This makes it unpredictable than the other jobs.

Well, I can slightly illustrate your explanation and it seems I have understood but I still find it difficult to say. Thank you for sharing your experience, this is a basic lesson that must be had.

btclady

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Here are some points I find very important:

- You should never put more than a few % of your whole portfolio in one trade. That's one of the first things I've learned by pros at the beginning.
- Don't buy within a pump. If you've missed the very beginning of the leg up, hold yourself back and do nothing. You can watch the pump to take it as an example, to learn how pumps can behave, but going in is to risky at that point. I've done the mistake twice and will never do it again. Although one was even a little profit, it was too much for my nerves.
- look for volume going up in a consolidation period, then buy, and place a take profit order at a point which looks easily reachable. Stick to that strategy. Don't get greedy when you see the price going up. It might pump way higher, but you have your secure profit. If you suddenly delete your sell order to put it higher, that would be a typical loser scenario, because price often turns before the point you're expecting it to reach. That's what the greed makes in those moments.. Don't be a victim of your greed!

KennyR

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It's not entirely unpredictable but there are signals or technical analysis that can help you to predict movement in the near future. But as we all know the crypto market can be unpredictable and wild.

I agree with you, but is it just a crypto market that is sometimes unpredictable and wild?
I think all the trading markets have a very significant equation, so I think all kinds of trades have the same core ie unpredictable jobs.

Shares can be learned and understood to make it predictable to some extent. The same won't happen with the cryptocurrency market because at the same time of forward price move the fall happens unexpected causing a loss. This makes it unpredictable than the other jobs.

BCTBF

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