Trading is unpredictable job. - page 76.

PokerFace3

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Quote from: BitHodler on June 07, 2017, 03:40:14 PM

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.

Developing a good level of market understanding surely does help, but it's not everything.

Markets such as the one from Bitcoin that depend on supply and demand, and then mainly the free market aspect, makes even the best traders experience losses from time to time.

In other words, no matter how experienced you are, there is always that luck factor that each and every trader has to deal with. In terms of percentages ~ 75% experience and 25% luck.

Yes the luck surely do plays a part but I am scared that many of my mates only go for luck. It is not the luck all the time I think if you are smart enough to deal the situation tactically the luck will come in your favor. In trading the luck is not that important as it is in gambling. Trading success is mainly based on your knowledge and your foreseeing skills, there are the factors that will enable you to success.

logicgate

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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.

Yes you are right trading is not unpredictable job trading has required just experience and skills suppose if a person have no skills and experience in trading and starting trade ,he will have facing difficulties in trading , so without skills and experience trading is impossible, first you study the trading world and dit himself very expert in trading and after when you start trading you will have never facing difficulties and just you will doing profit.

killed

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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.

jerowacik

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Quote from: Dimelord on June 09, 2017, 10:04:48 AM

Yes,trading is an unpredictable job and altcoin trading is very much unpredictable.Since it is unpredictable,there are huge risks involved in it.But such risks could be minimized following some techniques.We should do fundamental analysis,technical analysis,read charts,read the ANN thread,see the market cap,find who are the big investors interested in the project and then we must select a coin to invest.Our success lies in finding out the most under valued coin.

The important thing is we can read the market price movement. Because then we can analyze the bitcoin / altcoin price movement for the future to find the best results. I think investing in the trading world is much safer than we play gambling. Just my opinion as a trader.

Shiversnow

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Quote from: 8Habits on June 09, 2017, 08:32:16 PM

Quote from: Dimelord on June 09, 2017, 10:04:48 AM

Yes,trading is an unpredictable job and altcoin trading is very much unpredictable.Since it is unpredictable,there are huge risks involved in it.But such risks could be minimized following some techniques.We should do fundamental analysis,technical analysis,read charts,read the ANN thread,see the market cap,find who are the big investors interested in the project and then we must select a coin to invest.Our success lies in finding out the most under valued coin.

Nice one there mate. You hit it. Also, when there is much volatility, aside from greater risk, there is also the best opportunities to earn - just follow certain strategy of coming in and out of the market and producing more winning trades than losing ones. With exchanges, you can hold for months and you will still win due to some pump of price from time to time - just hold the line!

That's a primary idea in making trading profitable. Sincw trading is unacceptable job, we should focus less about it. What I meabt is that, don't overrthinked in your trading. Just be happy and watch how big whales play it and use it as an advantage to make profit with them without getting hussle.

8Habits

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Quote from: Dimelord on June 09, 2017, 10:04:48 AM

Yes,trading is an unpredictable job and altcoin trading is very much unpredictable.Since it is unpredictable,there are huge risks involved in it.But such risks could be minimized following some techniques.We should do fundamental analysis,technical analysis,read charts,read the ANN thread,see the market cap,find who are the big investors interested in the project and then we must select a coin to invest.Our success lies in finding out the most under valued coin.

Nice one there mate. You hit it. Also, when there is much volatility, aside from greater risk, there is also the best opportunities to earn - just follow certain strategy of coming in and out of the market and producing more winning trades than losing ones. With exchanges, you can hold for months and you will still win due to some pump of price from time to time - just hold the line!

Dimelord

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Yes,trading is an unpredictable job and altcoin trading is very much unpredictable.Since it is unpredictable,there are huge risks involved in it.But such risks could be minimized following some techniques.We should do fundamental analysis,technical analysis,read charts,read the ANN thread,see the market cap,find who are the big investors interested in the project and then we must select a coin to invest.Our success lies in finding out the most under valued coin.

frowsiter

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Of course it is unpredictable due to it volatile nature. You never know what it will bring in next moment of your trade. You are responsible for your very own decisions that you make while trading. Emotions are the first enemy in the trade world; you always think you can get more profit so you invest more and more into it. But no it never happens you may loose your best deal and start worrying that you have to get your lost money back. With that thought you invest more and loose more. Yes; it should be taken very seriously and also there must be a limit for what and how much we trade.

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Quote from: Taki on August 01, 2016, 08:53:31 AM

I heard a lot about trading and mostly it was about that trading is the best way to make your botcoins work on you. But I still didn't try to trade, I have a wish, just looking for something checked and save. I am not a professional as you can see. On this forum there are tans of information about trading and from this you can find which areas for trading more or less predictive.

Trading is a important thing in bitcoin because it helps to change the movement of stock of bitcoin price in the market for it to develop. And before you do trading you need to have a prior knowledge about bitcoin and how bitcoin can be used in trading. Trading is sure does have a risk so for many people it a kind of predicting task to do but if you have the proper knowledge or idea on how to trade you can lessen the risk of trading and one of the best thing to do that is to learn how to monitor the price of bitcoin so you can know when is the time for you to trade or not in that way you can make trading as less predictive in your own way.

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Quote from: KennyR on June 08, 2017, 03:34:40 AM

Trading is completely unpredictable, but the same can be made as an profiting source just with the knowledge we have with trading. Importantly we need a good capital and time to spend on the observation of the price pumping and dumps to generate the buying and selling orders at the right time. This in the starting might be bit hard but little by little the knowledge acquired will help in profiting good.

Indeed. I remember losing almost all my capital when i was just starting trading. I was looking intently at the trollbox and the movement of the coins i just purchased. When the price went down sharply, i panicked as sold my.btcs for way lower price than i bought it. Then the price went up later that day. So for me, aside from a good capital and right research for informatiin, patience is also an essential part of it

KennyR

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Trading is completely unpredictable, but the same can be made as an profiting source just with the knowledge we have with trading. Importantly we need a good capital and time to spend on the observation of the price pumping and dumps to generate the buying and selling orders at the right time. This in the starting might be bit hard but little by little the knowledge acquired will help in profiting good.

TitanGEL

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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.

UCHCHILD

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Trading is truly unpredictable since you cannot anticipate the next valye of tge coin whether it pump or just dump down. I guess all you need to have thare is the courage to do some trading, because sometimes when there is no guts regret is always beside it. Also you can have some study on it and good timing or on how to make some wise decision on trading.
Also luck is needed to it since price is unpredictable, traders need some luck to earn.

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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.

You are right that if a person will have good knowledge about trade and will have experience then it is not hard for him to predict about any asset in trade while if a person is new for trade or he has not learnt about trade then it is hard for him to predict and that person can lose a lot of their money if they will continue without knowledge.

BitHodler

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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.

Developing a good level of market understanding surely does help, but it's not everything.

Markets such as the one from Bitcoin that depend on supply and demand, and then mainly the free market aspect, makes even the best traders experience losses from time to time.

In other words, no matter how experienced you are, there is always that luck factor that each and every trader has to deal with. In terms of percentages ~ 75% experience and 25% luck.

stergium

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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.

Ferris419

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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.

ilovefeetsmell

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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, 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.

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Quote from: bittraffic on August 02, 2016, 02:07:38 PM

Quote from: CoinBreader on August 02, 2016, 01:56:54 PM

If you are talking about crypto trading yes it is unpredictable, no limits up/down , you may end up broke, thats why if you want to trade every single day you have to read first everything about the coin you wanna play with, then read the charts and try to find some info about a possible price rise or fall
Well you dont have to panic , so this means you have to trade with what you afford to lose, if not ...you cant avoid it!
my conclusion is if you dont have the time to watching the markets/news 24/7 and you dont have a group to discuss and do some co-work, then you gonna need a bot save your from a down trend and limit your loss,

P.S trade bot is another story (how to set it up) and be trusthworthy with your folio!

There are no price movement every day for altcoins. if there is its just cents which may not affect much unless you have hundreds of thousands for decent profit.
you'd rather go forex or stock market if you wanna do it everyday and treat it like its your business.

True.
It is really scary that alt trading no limit, no guarantee and no watch-dog.
It is unpreditable so you have to watch almost every other alt and the news. Very unpredictable.

Coffee2015

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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?

I ll add others important things to be considered:

* patience, you have to be calm
* eager, seek the news

One important things: dont be too greedy

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