Trading is unpredictable job. - page 75.

Gaaara

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Quote from: RealPhotoshoper on June 12, 2017, 02:44:44 AM

Quote from: Ucy on June 10, 2017, 04:25:39 PM

Trading is fairly predictable. No business is 100% predictable even big companies like Google or App cannot precisely say what their annual profits would be. Lots of people have accurately predicted how much Bitcoin would last year and this year.

Yeaaa there will always something called human error.
And it is causing your prediction a little bit missed than you thought before.
Noone should expect trading get predictable unless you cheating.

Well, you are right predicting is way too hard. No one can calculate when talking about trading, but at least it has less risk than other business with a big amount of capital. There should be a way but not a scientific way to predict trading but may only get a bit percentage of winning chance so still trading being 100 percent predictable is still impossible.

Fatanut

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Quote from: roadbits on June 11, 2017, 02:46:52 PM

Yes the altcoins are very tempting, suddenly the price will increase, and suddenly the price will come down. So don't get panic in trading. If you are a panic person, then don't do trading. Bitcoin trading is a different matter because it is already stable in the market if today it falls, tomorrow it will come up. But altcoins are not like that we don't have trust in them. So I will also accept that trading is an unpredictable job.

That is false. The reason why people don't have trust in the altcoin market is because it's a zero sum game and you don't know which whales are really going to hold the coin for a long long time. On the other hand, it's the same thing about bitcoin. That's why you shouldn't be so confident about it too. Altcoins go back to its normal price too when they dump, but sometimes they steadily go down because the project has failed or simply the coin got dumped by some whale. It's also the case with bitcoins. The price can go down and a whale can sell all of his coins, leaving the price of bitcoin go really down without any clear sign that it will actually go back up anytime soon.

tl:dr; We're putting an illusion that we're all in this together in bitcoins when in fact it's just the same thing with altcoins that someone can dump the market big time.

itsallpc

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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 an unpredictable job.So its highly risky.But risk could be minimized by following certain measures.Financial analysis and market analysis should be done to select the correct coin.ANN thread of that coin should be read,its market cap should be found,how many big companies have showed their interest in investing in this coin should be found and the most under valued coin should be found.

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actually tradding is most unpredictable like game.but learn,research, can make people genious about tradding.

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Quote from: RealPhotoshoper on June 12, 2017, 02:44:44 AM

Quote from: Ucy on June 10, 2017, 04:25:39 PM

Trading is fairly predictable. No business is 100% predictable even big companies like Google or App cannot precisely say what their annual profits would be. Lots of people have accurately predicted how much Bitcoin would last year and this year.

Yeaaa there will always something called human error.
And it is causing your prediction a little bit missed than you thought before.
Noone should expect trading get predictable unless you cheating.

The big question is how can you cheat other trader in order for you to make money, I think no one can cheat.
It is only the whales who can make money easily but they never cheat, they are just taking advantage of their power to dictate
the price movement.

RealPhotoshoper

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Quote from: Ucy on June 10, 2017, 04:25:39 PM

Trading is fairly predictable. No business is 100% predictable even big companies like Google or App cannot precisely say what their annual profits would be. Lots of people have accurately predicted how much Bitcoin would last year and this year.

Yeaaa there will always something called human error.
And it is causing your prediction a little bit missed than you thought before.
Noone should expect trading get predictable unless you cheating.

8Habits

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Quote from: roadbits on June 11, 2017, 02:46:52 PM

Quote from: Malsetid on June 11, 2017, 01:37:42 PM

Quote from: Aztek on June 11, 2017, 12:00:43 PM

Quote from: Nahl on August 01, 2016, 11:53:33 AM

yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

Yes the results changes every transaction because of the development that have been made in bitcoin itself. For me there is a lot more thing to monitor it through graphs and news to make it more predicatable and to know what is the best thing to do especially on trading because one wrong moved and you may lose a lot of bitcoin in one transaction. But if you will manage it well it may lessen the risk to lose and you may earn more.

That's why it's better that you have a decent capital when you trade to give way to these risks and that's also the reason why it's important that you don't depend on a single coin. Aside from studying and observing the movement of coins and which coins are good to trade at a certain time, you have to be patient because all these fluctuations can make anyone do panic decisions that will certainly lead to losses

Yes the altcoins are very tempting, suddenly the price will increase, and suddenly the price will come down. So don't get panic in trading. If you are a panic person, then don't do trading. Bitcoin trading is a different matter because it is already stable in the market if today it falls, tomorrow it will come up. But altcoins are not like that we don't have trust in them. So I will also accept that trading is an unpredictable job.

That is right. Just be cool when you are trading and follow without emotion your plan. Stick to your plan and you will do good. If you have some losing trades, don't worry because it is part of the game. Just aim to have more winning trades than losing once. And did I said to kee your cool?

roadbits

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Quote from: Malsetid on June 11, 2017, 01:37:42 PM

Quote from: Aztek on June 11, 2017, 12:00:43 PM

Quote from: Nahl on August 01, 2016, 11:53:33 AM

yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

Yes the results changes every transaction because of the development that have been made in bitcoin itself. For me there is a lot more thing to monitor it through graphs and news to make it more predicatable and to know what is the best thing to do especially on trading because one wrong moved and you may lose a lot of bitcoin in one transaction. But if you will manage it well it may lessen the risk to lose and you may earn more.

That's why it's better that you have a decent capital when you trade to give way to these risks and that's also the reason why it's important that you don't depend on a single coin. Aside from studying and observing the movement of coins and which coins are good to trade at a certain time, you have to be patient because all these fluctuations can make anyone do panic decisions that will certainly lead to losses

Yes the altcoins are very tempting, suddenly the price will increase, and suddenly the price will come down. So don't get panic in trading. If you are a panic person, then don't do trading. Bitcoin trading is a different matter because it is already stable in the market if today it falls, tomorrow it will come up. But altcoins are not like that we don't have trust in them. So I will also accept that trading is an unpredictable job.

Malsetid

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Quote from: Aztek on June 11, 2017, 12:00:43 PM

Quote from: Nahl on August 01, 2016, 11:53:33 AM

yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

Yes the results changes every transaction because of the development that have been made in bitcoin itself. For me there is a lot more thing to monitor it through graphs and news to make it more predicatable and to know what is the best thing to do especially on trading because one wrong moved and you may lose a lot of bitcoin in one transaction. But if you will manage it well it may lessen the risk to lose and you may earn more.

That's why it's better that you have a decent capital when you trade to give way to these risks and that's also the reason why it's important that you don't depend on a single coin. Aside from studying and observing the movement of coins and which coins are good to trade at a certain time, you have to be patient because all these fluctuations can make anyone do panic decisions that will certainly lead to losses

Aztek

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Quote from: Nahl on August 01, 2016, 11:53:33 AM

yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

Yes the results changes every transaction because of the development that have been made in bitcoin itself. For me there is a lot more thing to monitor it through graphs and news to make it more predicatable and to know what is the best thing to do especially on trading because one wrong moved and you may lose a lot of bitcoin in one transaction. But if you will manage it well it may lessen the risk to lose and you may earn more.

Termin4tor

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Quote from: killed on June 10, 2017, 12:02:41 AM

Yes trading is a job that can not be predicted easily but you better keep the value until the desired increase comes to be traded.
Because trading in numbers can change in seconds, thoroughness and speed may be a necessary skill for traders.

True, when trading you should always book the profit you desire because that's how it works. If we don't book the desired profit then there is high chance of loss. If we are holding the value for long period then I consider it as an investment.

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Quote from: Ucy on June 10, 2017, 04:25:39 PM

Trading is fairly predictable. No business is 100% predictable even big companies like Google or App cannot precisely say what their annual profits would be. Lots of people have accurately predicted how much Bitcoin would last year and this year.

but to me those people who have good experience in trading and who are studying the market with regular bases they can really predict about the price of bitcoin, they can really give good prediction for most of the time.

Fatanut

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Quote from: Ucy on June 10, 2017, 04:25:39 PM

Trading is fairly predictable. No business is 100% predictable even big companies like Google or App cannot precisely say what their annual profits would be. Lots of people have accurately predicted how much Bitcoin would last year and this year.

Well, I can say that the price of bitcoin will be $3017.30 this year and I can still be called "accurate" by you. At some point, surely bitcoin will be $3017.30 but that surely don't make my prediction accurate. For a prediction to actually be accurate, the guy should have specified the date and time and the exact price. That's what's accurate for me. It's pretty easy to say that the price of bitcoin will be this or that next year and be correct but that's just because "next year" is one long time frame. Any major pump can happen at those times and that's what makes the predictions you're saying actually come true.

But in the case of being accurate or precise, uhmm.. No.

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Quote from: stergium on June 07, 2017, 03:21:03 PM

Quote from: Ferris419 on June 06, 2017, 11:17:52 PM

Trading is surely an unpredictable job as you never know how coin will move in next few minutes or in next few hours and if you don't take a right move at a right time then you will surely make a big loss from it.

no i am not agree with you. trading is not unpredictable job. in fact prediction about trading is depending on your experience, i you have good experience in trading and if you are studying the market deeply then i am sure that you can predict about trading in a better way. i think there some legends who have good experience about trading and most of the time their prediction proofs as true.

I'm not agree also with you, think why the professional trader go if they predict that no income will come because they think that always result a good/profit. But the truth, they can't predict what will happen, they have an idea/information for what will possible happen. They go because of chances to get a profit especially in trading, since the price depends on the demand and supply of investor/countries want to invest we can't sure the exact amount of price just only of possibility to dump and pump.

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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?

Time( you must spend a lot of your time to check the rise and fall of the coins prize so as to know which will be promising)
Smart( to know when to buy at low price and sell at high price to earn your profit)
I guess there ate more to be given

TrumpD

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Trading is really the most unpredictable job in the world today, no one is able to predict the price movement and one person cannot control the pump and dump. Trading is very profitable for those who have understanding about the market and use a disciplined money management strategy.

Ucy

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Trading is fairly predictable. No business is 100% predictable even big companies like Google or App cannot precisely say what their annual profits would be. Lots of people have accurately predicted how much Bitcoin would last year and this year.

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Quote from: ilovefeetsmell on June 06, 2017, 10:53:06 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?

Yes, we need all those things above. We can't really know when to earn by trading but it will give you a lot of money once you became successful on your career path. Be a trader is very a good job if you know the strategy behind it. Need a method to know the step by step process, mind - to know the different strategy on how to earn big then lastly is money - risking your money is the best to earn money. You need to risk your money to earn big or nothing.

Yes, to be a trader is a very good job but you have to keep in mind that trading is arduous job if someone thinks that it is effortless then he/she must not try it because the end will be shed tears and nothing else. It definitely is risking your money and not only money but you have to give time to it as well. It needs a proper study before you step into trading.

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Quote from: TitanGEL on June 08, 2017, 02:30:43 AM

You're true that trading is unpredictable job. It is very hard and you need to study first before you enter the trading world. Also there is a high risk in the trading. You can't predict if the value of the coin that you holds will goes up.

In case of me trading is not unpredictable job and trading is very easy for me because in trading you have just require knowledge and high information about trading and study is very important in every activities because without study you can not doing any activities so study is very important that you will know how i will doing trading. If you have knowledge of all techniques in about trading I hope in trading you are very profitable.

Mr.grin

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Based on the experience you have in the world of cryptocurrency, you can produce bitcoin in a short time, but still in trading, we can not predict how many coins we will get, whether it is profit or loss.

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