Trading is unpredictable job. - page 79.

jorneyflair

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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

gabmen

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Quote from: tabas on May 30, 2017, 05:05:52 PM

Quote from: bitsmichel on May 30, 2017, 12:12:54 AM

Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.

It's very hard to predict the market if you are still new on this industry. But even you have some signals sometimes it's not that accurate. And if you had chosen to be in this career, you need to make your heart stronger as there are a lot of waves that it will only going to give you some heartache for not getting in the ride of pump.

I agree. Its unpredictable but soon as you get the hang of most trades, it definitely is worth it. Patience i think is one factor that needs a lot of emphasis on as well as composure. I remember when i started trading and was watching the price of omni coin, i lost 25% of the initial capital i had because i panicked in selling when ibsaw the price dump for a few minutes. Later that day the price went up again.

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Quote from: ASHLIUSZ on August 01, 2016, 01:41:28 PM

Quote from: Caladonian on August 01, 2016, 12:56:13 PM

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.

Investing is sometimes unpredictable, yes. But I consider trading as less risky than gambling. Because you are the one to manage your money at your own risk while gambling that is very risky that you could lose money, what is worse is you could lose resources once you've become addicted to it.

tabas

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Quote from: bitsmichel on May 30, 2017, 12:12:54 AM

Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.

It's very hard to predict the market if you are still new on this industry. But even you have some signals sometimes it's not that accurate. And if you had chosen to be in this career, you need to make your heart stronger as there are a lot of waves that it will only going to give you some heartache for not getting in the ride of pump.

richardsNY

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Quote from: arpon11 on May 30, 2017, 04:48:08 PM

Quote from: bitsmichel on May 30, 2017, 12:12:54 AM

Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.

Bitsmichel, it actually depends on your levels of experience and skills in trading. Trading, is very predictable if you know how to buy at the discounted price and sell at a retail price like it happened in the conventional products or items sale. Coins trading is buying at the wholesale and sell at retail.

Sure, experience that you have been building up throughout the years is essential, but even the best traders (aside from market movers) face difficulties in times where the price continues to shoot up, as was the case very recently. It's not that the market is jumping up and down repetitively within a certain range all the time. The terms easy and predictable don't exist when it comes to trading, don't forget that....

arpon11

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Quote from: bitsmichel on May 30, 2017, 12:12:54 AM

Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.

Bitsmichel, it actually depends on your levels of experience and skills in trading. Trading, is very predictable if you know how to buy at the discounted price and sell at a retail price like it happened in the conventional products or items sale. Coins trading is buying at the wholesale and sell at retail.

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Quote from: bitsmichel on May 30, 2017, 12:12:54 AM

Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.

If the price will not pump and dump then trading would not be interesting, the real reason why we are here is because we love to predict the market and if we predict it right we are rewarded with money. I would not even want to see a stable price of bitcoin or any cryptos because opportunity is lower if that will happen.

bitsmichel

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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.

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Quote from: Finestream on May 29, 2017, 11:59:28 PM

Quote from: cryptosifu on May 29, 2017, 07:15:49 PM

Yes, trading is an unpredictable job, especially in the crypto markets. It can also be very nerve racking.

But this unpredictable kind of job can give us a predictable amount of money, its natures makes it more interesting because we are challenge here and we should be improving our skills so we can make this unpredictable job a little predictable. Trading is a game of prediction, it's like gambling but at least in trading you can find more relevant basis which will give you a good chance to predict.

Agreed, though bitcoin trading is unpredictable at times when our prediction goes closer to the market move we'll get a better profit. Basically it too is a form of gambling as stated by the above mate where the loss can be minimized based on the strategy that we make.

Finestream

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Quote from: cryptosifu on May 29, 2017, 07:15:49 PM

Yes, trading is an unpredictable job, especially in the crypto markets. It can also be very nerve racking.

But this unpredictable kind of job can give us a predictable amount of money, its natures makes it more interesting because we are challenge here and we should be improving our skills so we can make this unpredictable job a little predictable. Trading is a game of prediction, it's like gambling but at least in trading you can find more relevant basis which will give you a good chance to predict.

cryptosifu

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Yes, trading is an unpredictable job, especially in the crypto markets. It can also be very nerve racking.

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Quote from: Natalim on December 09, 2016, 03:23:05 AM

Quote from: Coinduet on December 09, 2016, 02:45:01 AM

I don't know how much true your opinion! But I see some people they are not lose there Bitcoin on trading.I read a tutorial that be confident me. This is the the link: http://coinduet.com/index.php?p=/discussion/29/how-profitable-it-is-automated-bitcoin-trading#latest

There are actually some people who are successful in trading and also you do failed to credit that there also traders who failed. With that being said, we can tell that trading is not for everyone and since it's very unpredictable you have to be skilled enough to read the market movement to make the right prediction and be profitable.

That's right! By making trade in the market is really unpredictable, though even is like that many still became sucessfull unto it.
Because, they studied it so well about it, so that when it comes to the actual trade they are knowledgeable about it.

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Trading is the art of educated guessing. There will always be losses as well as an uncountable amount of factors that influence the price. Nobody can predict the future so trading is unpredictable. There is no grantee that you will make money from trading.

Noctis Connor

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Quote from: deddod on May 25, 2017, 11:31:42 AM

Yes, I agree with you. In trading, there is no limit to profit. profit or loss is the result of your decision. Need a good strategy and management, when do trading.

Not only strategy needs when trading you need to manage your time focusing on trading not only for the result your waiting but when the time comes trading will be the best you need a partner there to notice you when and what coin will both of you are going to buy and sell so that you can avoid loses.

deddod

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Yes, I agree with you. In trading, there is no limit to profit. profit or loss is the result of your decision. Need a good strategy and management, when do trading.

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Quote from: darthmaul on May 16, 2017, 12:04:39 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?

Great study by yourself. Whatever you have mentioned above are the Vaid points and success mantra in trading. In addition to controlling your mind don't forget to have lots and lots of patience within you. Patience is the key for steady mind and ultimately you can take smooth action when you have both of these. When I do trading I always tell myself I will be game changer today but if I fail to do so then I don't loose hope but I still wait for better opportunity tomorrow day after tomorrow and so on. What I gain from this is an experience, a mistake which I don't repeat on the following day. So each day is successful for me and I get good returns when I wait and wait. Cheesy

That is a good start.
Allowing yourself to be more patient regarding the trades. But sometimes those who are impatient gets the better choice or they are just lucky.
I guess not being taken from how a pump is happening will result to a better profit and only picked people have that. A great percentage cannot wait to get their profits in their wallet and you cannot blame them.
The faster they have it the happier they are although there will be regret at the end.

dady12

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Quote from: Fatanut on May 16, 2017, 10:29:10 AM

Quote from: dady12 on May 16, 2017, 02:13:14 AM

the most important thing that newbies like myself are missing in trading is lack of experience and the professional trader who knows the best time to buy and sell refuse to give us the necessary information to know how they do it successfully without running into lost,crypto market is unpredictable but there are factors to take into consideration in order to minimize loss,could you imagine that I trade a coins yesterday with 0.002btc and today it yielded 0.02btc?I am not expert but I am still learning the trade but it will be good if the expert in the forum create a topic in order to discuss the best time to buy a coins and sell which will also help others to succeed

It's because they are not obliged to help you. Consider yourself lucky if you know someone that use bitcoins even if they don't trade at all. Professional traders will not share information to you because trading is a zero-sum game. They will just tell you to buy a certain coin only if they want that coin to pump. If you hold the same coin as them and you have a decent investment for that, then it would be their loss if you were able to sell first before them when there's a pump.

Additionally, do you really think that they have the time to spoonfeed someone new? They wouldn't exert much effort to talk or help someone unless there's money involved. Of course there are some exceptions but mostly are like these.

you are right and I am learning something good from this forum in regard to this trading,some professional can ask you to buy a coin in order to pump the price and dump it once their target is met .thanks for your kind word,point noted

dady12

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Quote from: basesaw on May 16, 2017, 10:33:10 AM

Quote from: Fatanut on May 16, 2017, 10:29:10 AM

Quote from: dady12 on May 16, 2017, 02:13:14 AM

the most important thing that newbies like myself are missing in trading is lack of experience and the professional trader who knows the best time to buy and sell refuse to give us the necessary information to know how they do it successfully without running into lost,crypto market is unpredictable but there are factors to take into consideration in order to minimize loss,could you imagine that I trade a coins yesterday with 0.002btc and today it yielded 0.02btc?I am not expert but I am still learning the trade but it will be good if the expert in the forum create a topic in order to discuss the best time to buy a coins and sell which will also help others to succeed

It's because they are not obliged to help you. Consider yourself lucky if you know someone that use bitcoins even if they don't trade at all. Professional traders will not share information to you because trading is a zero-sum game. They will just tell you to buy a certain coin only if they want that coin to pump. If you hold the same coin as them and you have a decent investment for that, then it would be their loss if you were able to sell first before them when there's a pump.

Additionally, do you really think that they have the time to spoonfeed someone new? They wouldn't exert much effort to talk or help someone unless there's money involved. Of course there are some exceptions but mostly are like these.

This is reality on trading. you should research on your own. dont ride on others saying as they are just hyping the market. if they reach the target price they want they will dump their coins and make the market down. you will get rekt if that happens even or just lost some of your coin if you dont bought on the peak.

I agreed with you ,personal research and determination is the key to cryptocurrency ,

darthmaul

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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?

Great study by yourself. Whatever you have mentioned above are the Vaid points and success mantra in trading. In addition to controlling your mind don't forget to have lots and lots of patience within you. Patience is the key for steady mind and ultimately you can take smooth action when you have both of these. When I do trading I always tell myself I will be game changer today but if I fail to do so then I don't loose hope but I still wait for better opportunity tomorrow day after tomorrow and so on. What I gain from this is an experience, a mistake which I don't repeat on the following day. So each day is successful for me and I get good returns when I wait and wait. Cheesy

basesaw

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Quote from: Fatanut on May 16, 2017, 10:29:10 AM

Quote from: dady12 on May 16, 2017, 02:13:14 AM

the most important thing that newbies like myself are missing in trading is lack of experience and the professional trader who knows the best time to buy and sell refuse to give us the necessary information to know how they do it successfully without running into lost,crypto market is unpredictable but there are factors to take into consideration in order to minimize loss,could you imagine that I trade a coins yesterday with 0.002btc and today it yielded 0.02btc?I am not expert but I am still learning the trade but it will be good if the expert in the forum create a topic in order to discuss the best time to buy a coins and sell which will also help others to succeed

It's because they are not obliged to help you. Consider yourself lucky if you know someone that use bitcoins even if they don't trade at all. Professional traders will not share information to you because trading is a zero-sum game. They will just tell you to buy a certain coin only if they want that coin to pump. If you hold the same coin as them and you have a decent investment for that, then it would be their loss if you were able to sell first before them when there's a pump.

Additionally, do you really think that they have the time to spoonfeed someone new? They wouldn't exert much effort to talk or help someone unless there's money involved. Of course there are some exceptions but mostly are like these.

This is reality on trading. you should research on your own. dont ride on others saying as they are just hyping the market. if they reach the target price they want they will dump their coins and make the market down. you will get rekt if that happens even or just lost some of your coin if you dont bought on the peak.

Topic: Trading is unpredictable job. - page 79. (Read 235951 times)