Topic: Trading is unpredictable job. - page 78. (Read 235951 times)
Trading is like gambling because trading is an unpredictable job and we do not know what will happen in the next few hours or days. Experience and knowledge about trade is a must-have capital for you to start trading.
I am not very good at trading, but from some years experience can tell that sometimes is predictable, and sometimes is not.
For example, sometimes you see that market history is all buy (or all sell) for several hours in a row, and you pretty much know the direction it is going in the short term. However, other times you cannot tell clearly.
If you keep your eyes open and have patience you can benefit from these predictable times and make a profit.
For example, sometimes you see that market history is all buy (or all sell) for several hours in a row, and you pretty much know the direction it is going in the short term. However, other times you cannot tell clearly.
If you keep your eyes open and have patience you can benefit from these predictable times and make a profit.
If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable. 
But for us small traders it will be in most cases unpredictable.
even u got information most of the small traders dont know how to do exactly.But for us small traders it will be in most cases unpredictable.
So just do ur own style and the analysis way u prefer.
If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable.
But for us small traders it will be in most cases unpredictable.
Well, I wish it is very easy, we are hoping to have that information so we can easily make a decision and then make money faster, but let's face the reality on the whales has a bigger chance to get that information because they have more interest due to the amount they are risking.But for us small traders it will be in most cases unpredictable.
Just like in sports gambling, it is unpredictable but if you have an inside information, you can bet without fear because deep inside you know you will win.
I don't like trading that much. It is soo easy to get greedy and overcommit and loose money. I never lost money doing ait due to being very conservative with my trades, but I can feel the intense psychologcal pressure that comes with it. Some people like it some don't. I prefer to invest long term.
I do not think that trading is unpredictable, to me there are such experienced people who may have good experience and can predict about trading where they have invested their money, I think prediction about trading need a lot of experience and skill, you need to spend a lot of time in trading and only then you can predict in trading. legendary
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I also agree with your openion.without money, control emotion, skill and also need patient to get profit.
I don't like trading that much. It is soo easy to get greedy and overcommit and loose money. I never lost money doing ait due to being very conservative with my trades, but I can feel the intense psychologcal pressure that comes with it. Some people like it some don't. I prefer to invest long term.
in fact it is depending on your nature, you must have good planning about trading if you want to get desirable result from trading bitcoin. to me those people who have invested their money in bitcoin and they have proper planning and strategy about trading bitcoin, they are really making good money. I think those people who have good experience n trading they can really predict about the price of bitcoin in a good way. and most of the time their prediction also proof as correct. It is just a matter of experienced and applying trading skills and strategies that matter on trading successfully. There is really no 100% guarantee that you will win all the time but if you are skilled enough, you can have more winning trades than losing ones.
I don't like trading that much. It is soo easy to get greedy and overcommit and loose money. I never lost money doing ait due to being very conservative with my trades, but I can feel the intense psychologcal pressure that comes with it. Some people like it some don't. I prefer to invest long term.
in fact it is depending on your nature, you must have good planning about trading if you want to get desirable result from trading bitcoin. to me those people who have invested their money in bitcoin and they have proper planning and strategy about trading bitcoin, they are really making good money. I think those people who have good experience n trading they can really predict about the price of bitcoin in a good way. and most of the time their prediction also proof as correct. 
This is true, no one will predict the trading in bitcoin cause they need a time to make sure of profit. Even the price of bitcoin is so high we think and wait for the much better price that we know in ourselves that it is enough price. Trading is part of bitcoin economy, it is pretty obvious that with this the bitcoin is non-sense.
Even the professional traders is always allot a time to read about bitcoin market, especially the investor or countries who want to invest, the purpose of this is to wait the time for the increasing of price. And with studying and getting more informations may said that trading is unpredictable job.
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 really do agreed that trading is really unpredictable, if you are a traders you need to be patience on waiting as much as you can, whether short or long term, and you must know how to to manage your emotions. 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 leant the hard way that crypto trading is so different than stock trading.
There isn't a "safe" way to trade here, there is no trend to follow, you can't time the market, you can't follow the wales, it's practical sheer gambling days on end.
And general rule of thumb: buy high, sell low!
There isn't a "safe" way to trade here, there is no trend to follow, you can't time the market, you can't follow the wales, it's practical sheer gambling days on end.
And general rule of thumb: buy high, sell low!
I don't like trading that much. It is soo easy to get greedy and overcommit and loose money. I never lost money doing ait due to being very conservative with my trades, but I can feel the intense psychologcal pressure that comes with it. Some people like it some don't. I prefer to invest long term.
Even if you have great self control trading will make you forget it. I am talking from personal experience here, I remember very well when I was trading and I couldn't even sleep at night. At 2 am in the morning I used to woke up and to check my positions in trading. That's how obsessed with trading I was and that lead me to losing everything. Now its been about 3 years I have fully recovered from this disease as that's what I will call it, a big disease. I want to tell anyone to stop trading as you will never come on top of that no matter how skillful you are. Ask yourself a simple question , if trading was so profitable for the traders would there be so many trading houses and websites out there ? I don't think so. Trading truly is unpredictable.
I guess I'm lucky I spent 1 hour day reviewing my trades from yesterday then do research for that day's trades and sleep at night.
As for trading houses they are not like casinos they are more like poker sites, they take a cut from every trade but they make the same from winner and from loosers and casinos need loosers if everyone was a winner in blackjack, rullet , slots then there would be no vegas stip the strip depends on loosers forking over their savings.
Now there are tons and tons of loosers in trading i'm sure of it and hard to win. But I know I win more then i loose so if that stays the same i'll keep trading.
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.
We need knowledge and information in order to understand things. Just like in trading if we did not know the basic things about the price, value and its stock it can be hard for someone to do trading. But the real thing need to always keep on mind is how could you monitor the price. Because if you have a device that can monitor the price you can decide on how you will going to manage your bitcoin. And in some reason it may be more less predictive thing because you have a particular basis to monitor on how you will manage your trading. Trading is amazing but it can keep you awake,... like now
But sure, I like it, it is roller coaster and it is very high risk, but I still love it.
Not at all times because trading needs time and not will always keep you awake as you think . For me to think that you enjoy trading because you earn on it even it is too unpredictable .The risk in trading differs in a persons skills in trading. But sure, I like it, it is roller coaster and it is very high risk, but I still love it.
yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. A trader is a wonderful profession. But rather a vocation. Not every person can be a trader, because you need to have an analytical mind for this. And you need to constantly spend time on it and learn new things
yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. A trader is a wonderful profession. But rather a vocation. Not every person can be a trader, because you need to have an analytical mind for this. And you need to constantly spend time on it and learn new things
That is all about trading, if you are willing to invest some money for that purpose, and learn trading, you need to accept the fact that you will put your money in big risk, and also the whole activity will put you in a many stressful situations.
That is why I dont really advise anyone to make a living from trading, because it is extremely hard and even when you have all education, skills and experience needed for that ( which can take years to even make yourself profitable on a long-term) you will still need a good amount of funds to be covered in scenarios where something will go wrong.
There are some people who compare trading to gambling, and they say the truth sometimes, because it may be considered as gambling, if you dont know what are you doing.
First, get a knowledge and then start thinking about investing anything. Demo account does not cost you anything
That is why I dont really advise anyone to make a living from trading, because it is extremely hard and even when you have all education, skills and experience needed for that ( which can take years to even make yourself profitable on a long-term) you will still need a good amount of funds to be covered in scenarios where something will go wrong.
There are some people who compare trading to gambling, and they say the truth sometimes, because it may be considered as gambling, if you dont know what are you doing.
First, get a knowledge and then start thinking about investing anything. Demo account does not cost you anything
What if I told you that there's another method of earning money which requires 16 years of studying? Most people go through it.
It's called the education system. The first ones are needed since kids have to learn but after high school, I think the education system isn't actually that helpful (in my place, atleast). It's the time when kids have to explore by themselves what they really want to do in life.Honestly, when I got to college, I don't even know why I took that course. I was so young to make the best decision possible. Which school, which course, and why.
Anyway, back to our point. With that in mind, one year of studying trading would probably not hurt since it's a lot less time than what most people has spent in college. I'm not saying to ditch school and start trading but to give trading some time. Most of us have spent a lot of time in school, might as well spend another year trying to learn another money making method which might save us financially in the future.
yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. 
I agree, trading is a risky job.Money management is a important thing in trading.We have to divide money in different portfolio.I think sometime we can predict some things by using important tools.
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