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Topic: Trading is unpredictable job. - page 84. (Read 235951 times)

newbie
Activity: 40
Merit: 0
March 22, 2017, 09:29:22 AM
I wouldn't say trading is that unpredictable but it will never be 100% predictable.
It all depends on the market you go and the amount of information you have.
In crypto for example there is a lot of uncertainty and irrationality in the market.
So it's always more of a bet but there's also a lot to win with less.
hero member
Activity: 798
Merit: 500
March 22, 2017, 07:21:00 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
Indeed, because every minutes, hours, theres is a fluctuation happen in the platform, together with Pump and Dump also happening in the market. So applying prediction is most of the time was not precise or accurate so we shouldn't depend on it. But you can had a chance to earn in trading daily.
That's right because we all know that there are diffenrent kind of people and ofcourse each day you can't even earn same just like what you've earn yesterday. People depends on the fixed price that the two sides decided. And sometimes if you are so unlucky, you will experienced to scammed and lose your earnings. So I think trading isn't a predictable job. And ofcourse you must not depend on predicting something. You must be intelligent in trading and especially in earning as well as using it.
hero member
Activity: 1092
Merit: 501
March 22, 2017, 06:21:10 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
Indeed, because every minutes, hours, theres is a fluctuation happen in the platform, together with Pump and Dump also happening in the market. So applying prediction is most of the time was not precise or accurate so we shouldn't depend on it. But you can had a chance to earn in trading daily.
hero member
Activity: 1134
Merit: 517
March 19, 2017, 06:06:13 AM
Experts can make Bitcoin related predictions but none of them will ever be entirely right.  Some supposed experts thought that Bitcoin would die after the 2013 pump, but now it's smashed the ATH from then.  Bitcoin price prediction is never easy, and trading is never easy.  Traders might make a profit overall but they have to live with the knowledge that at any major point what they're trading could hugely collapse (especially if they're too reliant on Bitcoin) and they'll have lost most of their income.

That said, as long as traders have a few different things that they're trading and have some savings in case the worst happens, it's fine that it's an unpredictable job because it's still very profitable.
Trading is hard, there are more unsuccessful traders than there are successful ones, but more often than not, traders fail not because their ideas are wrong, but because they became too emotional in the process, this failure comes from making the wrong decisions like closing trades too early or letting their losses run too far, but never the less every trade no matter how certain you are its outcome is simply and educated guess, nothing is certain in trading.
It is all about the trading decision a trader gets to make! In stable market conditions, a knowledgeable and skillful trader can to a very high degree of accuracy predict the market, but at times like this, when there is so much uncertainty and lack of direction in the market, most experienced traders would rather stay out of the market until the bubbles are over or find some ways to cover there exposures. A trader have to survive to be able to trade another day!
hero member
Activity: 1022
Merit: 511
March 18, 2017, 03:02:30 PM
Experts can make Bitcoin related predictions but none of them will ever be entirely right.  Some supposed experts thought that Bitcoin would die after the 2013 pump, but now it's smashed the ATH from then.  Bitcoin price prediction is never easy, and trading is never easy.  Traders might make a profit overall but they have to live with the knowledge that at any major point what they're trading could hugely collapse (especially if they're too reliant on Bitcoin) and they'll have lost most of their income.

That said, as long as traders have a few different things that they're trading and have some savings in case the worst happens, it's fine that it's an unpredictable job because it's still very profitable.
Trading is hard, there are more unsuccessful traders than there are successful ones, but more often than not, traders fail not because their ideas are wrong, but because they became too emotional in the process, this failure comes from making the wrong decisions like closing trades too early or letting their losses run too far, but never the less every trade no matter how certain you are its outcome is simply and educated guess, nothing is certain in trading.
hero member
Activity: 1022
Merit: 521
March 18, 2017, 10:14:36 AM
Trading is definitely unpredictable job and no one knows what will exactly happen in next few hours or days and even experts commits mistake by taking a wrong move so for a newbie it will be very hard to understand the situation and he would take a wrong move by investing in wrong coins.
the experts do not commit a mistake they know well what to do in what situation but only sometimes unfavorable conditions make them lose their money in their trade while they often do not lose. Newbies often come to invest in trade without knowing the fundamentals of trade so they often commit mistakes even in favorable conditions.
hero member
Activity: 756
Merit: 500
March 18, 2017, 10:07:20 AM
Trading is definitely unpredictable job and no one knows what will exactly happen in next few hours or days and even experts commits mistake by taking a wrong move so for a newbie it will be very hard to understand the situation and he would take a wrong move by investing in wrong coins.

Of trading essentially requires a mature and thought-provoking analysis, so that if someone who does not yet have a good thought-provoking analysis and hence the most is they will suffer losses. As you say, that someone who can't do a good analysis will make their missteps and gives a negative impact. So the exercises yourself to analyze each thing you want to do, because it is the best thing to do
 
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
March 18, 2017, 09:56:02 AM
trading was unpredictable price changes can occur rapidly even in a matter of seconds as possible, so you must be prepared under any circumstances to not lose the moment if there is a change up or down price
An advanced thinking and a solution of the upcoming price drop or price increase need to be made ready. The reason is that bitcoin price changes with time without any prior effects felt. The present days price change is an example for the same. So one who makes closer prediction get rid of the loss.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
March 18, 2017, 09:00:22 AM
trading was unpredictable price changes can occur rapidly even in a matter of seconds as possible, so you must be prepared under any circumstances to not lose the moment if there is a change up or down price

That is why you should always check the market and be updated on the news evertime you get a vacant time, Imo It is not a hard thing to do, The real

problem is what situation will you respond? Once you sell/ buy something, You can never undo it that is why you should not be in panic instead carefully

asses the situation you are in.
sr. member
Activity: 1162
Merit: 258
1xbit.com
March 18, 2017, 06:18:14 AM
trading was unpredictable price changes can occur rapidly even in a matter of seconds as possible, so you must be prepared under any circumstances to not lose the moment if there is a change up or down price
sr. member
Activity: 714
Merit: 252
March 18, 2017, 05:50:01 AM
Completely agree with your statement and it tag line of trading! Trading is always risky. And all your three points are valid. It depends on your own how much and how long to trade for something. In my opinion one should never go for trading rather you can try to put your money in a service or goods which will get you more risk free profit. Or you can save your coins and let them grow bigger as the price of coins is constantly increasing Day by day. For the matter of fact checkout bitcoin. Yesterday it was pumping to 1200 dollar rate and today it is around 1000. Most of the world will grab the opportunity to invest in bitcoins today (even I did) as I know it will cross 1200 next day or sooner. This will generate great profit.

But, I'm sure about it because there is high probability of happening above scenario. I'm still taking unpredictable risk but it LESS risky. So in any trade there is risk it's just about how less risky commodity it is.

:-)
newbie
Activity: 43
Merit: 0
March 18, 2017, 05:37:02 AM
That's why you need to be clear in terms of strategy - when to Enter, and when to Exit a position.
hero member
Activity: 3038
Merit: 634
March 18, 2017, 05:33:25 AM
Trading is definitely unpredictable job and no one knows what will exactly happen in next few hours or days and even experts commits mistake by taking a wrong move so for a newbie it will be very hard to understand the situation and he would take a wrong move by investing in wrong coins.

Yes it's unpredictable job because you might get some good trade and profit for this day and possibly a question of what will happen tomorrow.

I admire those people that use to make trading as their personal source of income because this is a really hard job to rely on.

Volumes of trades can give you good profit but opposite thing can happen which can give you also lose.
hero member
Activity: 812
Merit: 500
March 18, 2017, 03:31:40 AM
For me trading is unpredictable job because we dont know its movement in the market ( exchange ). The best thing is we should know the swing of its market, the coins were you trade your btc. Its hard we cant easily predict the price of the coins but its need the observation, analysis so you can gain profit well.

I Agree with this, all we need to do is to observe because even those big whales cannot predict on how trading works on the value of each coins, and all we need is a good timing to earn more profits from it. Experience in trading can really help in trading.
hero member
Activity: 672
Merit: 500
March 17, 2017, 06:02:07 PM
Trading is definitely unpredictable job and no one knows what will exactly happen in next few hours or days and even experts commits mistake by taking a wrong move so for a newbie it will be very hard to understand the situation and he would take a wrong move by investing in wrong coins.
Yes, you are right. not all the coins which the price is rising it was nice to buy. it could be the act of the hoarders who want to make profits. better to buy coins that are popular and have a high market cap. we can minimize the risk of losing money by dividing the capital that we have to buy some coins, but do not buy the coin too much because it will be very tiring to oversee its price movements. although trading is an unpredictable job but I believe in this way then we would not be worried at the time of trading.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
March 17, 2017, 04:46:37 PM
Trading is definitely unpredictable job and no one knows what will exactly happen in next few hours or days and even experts commits mistake by taking a wrong move so for a newbie it will be very hard to understand the situation and he would take a wrong move by investing in wrong coins.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
March 17, 2017, 04:31:20 PM
Trading is absolutely a unpredictable job. it just works in this way, check out the progress from month by month last year this time, invest less so that you will not lose much then check what you get in return like that little by little you have to plan and play so that you will get the experience of trading. one thing is you will see the loss as well but we all know that either it will work or wont that's it but we cannot be like trying new things which will give us the best reward.
True, trading is really an unpredictable job I mean even an experienced trader struggles sometimes to predict the current market state, and take theright decision, trading is like any easy way of earning money it involves a lot of risks but het risks go down when you have experience and know what you are doing.
i am not agree with you. i do not think that bitcoin is unpredictable job, because there are so many bitcoin expert who have also a good knowledge about bitcoin therefore i think bitcoin prediction is much more easy for them.
Experts can make Bitcoin related predictions but none of them will ever be entirely right.  Some supposed experts thought that Bitcoin would die after the 2013 pump, but now it's smashed the ATH from then.  Bitcoin price prediction is never easy, and trading is never easy.  Traders might make a profit overall but they have to live with the knowledge that at any major point what they're trading could hugely collapse (especially if they're too reliant on Bitcoin) and they'll have lost most of their income.

That said, as long as traders have a few different things that they're trading and have some savings in case the worst happens, it's fine that it's an unpredictable job because it's still very profitable.
hero member
Activity: 924
Merit: 500
March 17, 2017, 03:42:56 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?

Trading was a kind of job to me which I think I need to orient myself well in terms of analysis and being observant in the motion of each atlcoin in the trading platform. Which is most of the time traders using prediction on the coin they are going to  trade, but making a decision to predict it sometimes it is risk to apply so better to study it well.
full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
March 17, 2017, 08:20:21 AM
Definitely, Trading is unpredictable. Market will do what is wants and doesn't care what positions you have taken. It is your job to fix the price target and stoploss before taking a trade. This way you don't let the market get the better out of you.
sr. member
Activity: 1148
Merit: 251
March 17, 2017, 08:09:53 AM
For me trading is unpredictable job because we dont know its movement in the market ( exchange ). The best thing is we should know the swing of its market, the coins were you trade your btc. Its hard we cant easily predict the price of the coins but its need the observation, analysis so you can gain profit well.
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