Trading is unpredictable job. - page 90.

cryptoblazter

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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?

By doing trade in the exchange sites, it needs serious analysis in the coins were you are going to buy in what buy or sell wall you gonna place it in the platform. we can use martingale if you know how to use it well, just be careful only

equator

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Quote from: el kaka22 on February 21, 2017, 07:58:13 PM

Quote from: cellard on February 21, 2017, 12:28:26 PM

The fantastic bitcoin performance is not really a gamble anymore, it has shown that all the people that just hold keep making gains. It's funny how the people that got their funds locked in the chinese exchanges have made more money by being forced to hold due the PBOC regulations. The moral of the story is: hold.

But holding bitcoins is being classified as investment hence it is not facing the difficulty of unpredictable nature of markets. Unpredictable is a challenge only for traders not for investors, that must be the reason for performances, you have mentioned. But in contradicting strategy, to overcome the unpredictable markets, the only easy weapon must be holding for long haul.

Even holding helps to get rid of the challenges of price fluctuations, it will not be a preferable strategy for many traders as most traders are not preferring passive trading.

Active trading for a highly fluctuating market finds extra edge when we learn strategies to tackle unpredictable market movements.

That is why when you are doing active trading or day trading then you should know the movement and you have to place your buy and sell order in advance itself so that if your price comes you should not miss it without being active on market. This way also is a good way of trading if you are not active trader.

8Habits

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Quote from: el kaka22 on February 21, 2017, 07:58:13 PM

Quote from: cellard on February 21, 2017, 12:28:26 PM

The fantastic bitcoin performance is not really a gamble anymore, it has shown that all the people that just hold keep making gains. It's funny how the people that got their funds locked in the chinese exchanges have made more money by being forced to hold due the PBOC regulations. The moral of the story is: hold.

But holding bitcoins is being classified as investment hence it is not facing the difficulty of unpredictable nature of markets. Unpredictable is a challenge only for traders not for investors, that must be the reason for performances, you have mentioned. But in contradicting strategy, to overcome the unpredictable markets, the only easy weapon must be holding for long haul.

Even holding helps to get rid of the challenges of price fluctuations, it will not be a preferable strategy for many traders as most traders are not preferring passive trading.

Active trading for a highly fluctuating market finds extra edge when we learn strategies to tackle unpredictable market movements.

Totally agree with this. There are traders that really want action and not just passively trading slow with no excitement and execution of trading skills and strategies. Trading is somewhat a personal validation of acquired trading skills and knowledge with the market - hence a source of self worth and pride as well.

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Quote from: cellard on February 21, 2017, 12:28:26 PM

The fantastic bitcoin performance is not really a gamble anymore, it has shown that all the people that just hold keep making gains. It's funny how the people that got their funds locked in the chinese exchanges have made more money by being forced to hold due the PBOC regulations. The moral of the story is: hold.

But holding bitcoins is being classified as investment hence it is not facing the difficulty of unpredictable nature of markets. Unpredictable is a challenge only for traders not for investors, that must be the reason for performances, you have mentioned. But in contradicting strategy, to overcome the unpredictable markets, the only easy weapon must be holding for long haul.

Even holding helps to get rid of the challenges of price fluctuations, it will not be a preferable strategy for many traders as most traders are not preferring passive trading.

Active trading for a highly fluctuating market finds extra edge when we learn strategies to tackle unpredictable market movements.

cellard

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The fantastic bitcoin performance is not really a gamble anymore, it has shown that all the people that just hold keep making gains. It's funny how the people that got their funds locked in the chinese exchanges have made more money by being forced to hold due the PBOC regulations. The moral of the story is: hold.

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Quote from: richardsNY on January 23, 2017, 12:01:49 PM

Quote from: Fireblade on January 23, 2017, 11:43:50 AM

Quote from: freemanjackal on January 22, 2017, 03:00:43 PM

i wouldnt say trading is unpredictable, it jjust need a great knowledge in what are you trading and trends of the market, be updated with the news, same thing happens with bitcoins, price depends on the market, some trends, like china and its position with bitcoins, the movement of the market, sales and buys and some other factors that can be reflected in btc prices. So the most important it s to know how to interpret the market trends

but to me i think trading is not unpredictable job, there are so many expert people who have a lot of experience good skills in trading and they also have too good experience in trading, therefore they can predict about trading in more better way and their prediction mostly proved as correct. and that the reason that we consider trading as less risky as compare to to gambling.

Experienced traders can use their level of knowledge as an advantage where they know how to handle, but no matter how good or professional you are at trading, something as guaranteed profits does not exist. High skilled traders make enough profits where they don't get bothered too much if they happen to go wrong once or twice. But then again, of course it's less risky than gambling. What legitimate investment or tradable asset isn't less risky than plain gambling

Just noticed this post quoted by another poster

And I want to state my disagreement with your claim. There are quite a few ways that give you guaranteed profits (more or less), and most experienced traders are not only aware of them but actually using them whenever such an opportunity arises. Above all, I refer to arbitrage opportunities which are quite common in cryptocurrencies. I remember when I earned around 0.7 BTC within minutes by buying cheap dogecoins with a few bitcoins at Bittrex and then selling them a few minutes later at Bter. Some dude had placed a huge buy order above market price (around 30 bitcoins in total), and I was just in time to make use of it. Even if this order had been filled before me, I could still sell the dogecoins losing only on trading fees

xIIImaL

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Quote from: iqlimasyadiqa on February 19, 2017, 09:00:15 AM

Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

Now a lot of software / tool that can give us the announcement directly to the smartphone that we have. this will not be an obstacle in trading anywhere and anytime. even many people who make trading as their main occupation. they are free to work whenever they want.

Use of notifications alerts from various tools would be best options to update us any work or businesses. When we have trade, all we need to focus is about price chart and everyday fixed amount initial and maximum amount limit in everyday trade. Trade always works as buying when the price is low and selling out when the value is high.

cyclotronmajesty

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Quote from: Zadicar on February 19, 2017, 10:40:22 AM

Quote from: iqlimasyadiqa on February 19, 2017, 09:00:15 AM

Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

Now a lot of software / tool that can give us the announcement directly to the smartphone that we have. this will not be an obstacle in trading anywhere and anytime. even many people who make trading as their main occupation. they are free to work whenever they want.

As technology progresses it does really give a big help regarding on our trading job because it does give us convenience and we could able to trade anywhere we can as long we do have internet connection.Trading is really an unpredictable job thats why its needed to be studied.

If you are jumping into trading without doing proper homework then it will take you no where and it will bring only loss for you and even experts makes wrong move sometimes so for a beginners it will be very hard to predict the market movement and luck factor will also play an important role in success or failure.

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Quote from: iqlimasyadiqa on February 19, 2017, 09:00:15 AM

Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

Now a lot of software / tool that can give us the announcement directly to the smartphone that we have. this will not be an obstacle in trading anywhere and anytime. even many people who make trading as their main occupation. they are free to work whenever they want.

As technology progresses it does really give a big help regarding on our trading job because it does give us convenience and we could able to trade anywhere we can as long we do have internet connection.Trading is really an unpredictable job thats why its needed to be studied.

iqlimasyadiqa

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Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

Now a lot of software / tool that can give us the announcement directly to the smartphone that we have. this will not be an obstacle in trading anywhere and anytime. even many people who make trading as their main occupation. they are free to work whenever they want.

grandy

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Quote from: DoublerHunter on February 18, 2017, 07:08:59 AM

Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

This is what i'm doing up to now. I don't put all my time in seating front of my laptop or desktop because i just spend 2-3 hours on monitoring the altcoin market especially the coins that i invested in and after i analyze the both sides of the orders,price chart and the latest update on threads then i will make an conclusion and base on that decision i can barely predict if the price will go down or up.

but to me i think bitcoin brought a big change in my life. i most set in front of my laptop and study bitcoin market, some time play gambling, writing post and many more. i can say that i am addicted to bitcoin and want to study about it all the time. i really limited all my other activities for bitcoin.

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Quote from: DoublerHunter on February 18, 2017, 07:08:59 AM

Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

This is what i'm doing up to now. I don't put all my time in seating front of my laptop or desktop because i just spend 2-3 hours on monitoring the altcoin market especially the coins that i invested in and after i analyze the both sides of the orders,price chart and the latest update on threads then i will make an conclusion and base on that decision i can barely predict if the price will go down or up.

Yeah sometimes it only takes an hour or less for experienced traders to read how altcoins move and then they could place a buy order already. That's the good thing about trading. You don't have to exhaust a lot of time especially if you're an experienced one because these platforms will do it for you. I trade in both yobit and cryptopia and sometimes in poloniex and it's very convenient. I place a buy order and check if it pushes through a couple of hours later then i place a sell order. I just check it roughly every 4 or 5 hours just to be updated

bitjoin

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Quote from: richardsNY on January 23, 2017, 12:01:49 PM

Quote from: Fireblade on January 23, 2017, 11:43:50 AM

Quote from: freemanjackal on January 22, 2017, 03:00:43 PM

i wouldnt say trading is unpredictable, it jjust need a great knowledge in what are you trading and trends of the market, be updated with the news, same thing happens with bitcoins, price depends on the market, some trends, like china and its position with bitcoins, the movement of the market, sales and buys and some other factors that can be reflected in btc prices. So the most important it s to know how to interpret the market trends

but to me i think trading is not unpredictable job, there are so many expert people who have a lot of experience good skills in trading and they also have too good experience in trading, therefore they can predict about trading in more better way and their prediction mostly proved as correct. and that the reason that we consider trading as less risky as compare to to gambling.

Experienced traders can use their level of knowledge as an advantage where they know how to handle, but no matter how good or professional you are at trading, something as guaranteed profits does not exist. High skilled traders make enough profits where they don't get bothered too much if they happen to go wrong once or twice. But then again, of course it's less risky than gambling. What legitimate investment or tradable asset isn't less risky than plain gambling....

The proof is in the pudding really. Try it for a while with small amount of money, if you do well then invest more time and effort. If you lose money long term this means you suck and should find something else to do, its pretty simple.

DoublerHunter

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Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

This is what i'm doing up to now. I don't put all my time in seating front of my laptop or desktop because i just spend 2-3 hours on monitoring the altcoin market especially the coins that i invested in and after i analyze the both sides of the orders,price chart and the latest update on threads then i will make an conclusion and base on that decision i can barely predict if the price will go down or up.

upsidedown75

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Quote from: Natalim on February 18, 2017, 01:47:28 AM

The faster we analyze the faster we can make a decision, if our decision is right, profit is on the way.

No, this is not the right way how a trader must work to tackle the unpredictable nature of trading. We should not show our rush in technical analysing as well as in profit making from trading. We must always follow slow and steady philosophy for our analysis. Strong technical analysis will give good results else trading will remain unpredictable always.

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Quote from: blackhawkeye1912 on February 17, 2017, 05:27:11 PM

As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

There's a lot of applications now that can help you with analyzing the information you have in trading, we are in the present situation of the world now where technology is fast moving, we should adopt with it to make our lives easier. The faster we analyze the faster we can make a decision, if our decision is right, profit is on the way. Day traders should educate themselves more and search for ways to ease their job.

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As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.

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Quote from: worhiper_-_ on February 11, 2017, 05:35:27 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 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 prediction

yes that is very difficult to predict about trading bitcoin but still there are so many people who still can predict about bitcoin in a good way. and mostly their prediction proves as correct.

Monnt

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Quote from: conected on February 16, 2017, 04:40:56 AM

in trading, money management is very important. It helps us reduce risk, trading is unpredictable job, so I think we need to acceptable loss, I see a lot of people stubborn, do not accept losses and then they lose all

If we learn to accept losses as part of trading plan, then we need not to worry about it a lot and hence we will be able to move forward for good technical analysis for the next day trading. We always must need to have a proper trading plan to tackle the unpredictable nature of trading. For that we need to accept losses and need to move forward easily.

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Quote from: deisik on February 16, 2017, 11:31:42 AM

Quote from: fitty on February 11, 2017, 10:58:30 PM

Quote from: Babayega31 on February 11, 2017, 10:49:27 PM

Yes, trading really an unpredictable job to do and mostly wrong decisions could result to loss of profit. You can't when to buy or to sell because the trending of the altcoins market is very fluctuating and it also relying on the bitcoin price movement. In order to have that to be nearest to predictions is, you must be able to be updated on whats is happening to the trading site that you have invested shares. Be able to learn the ways of trading ways and seek advices from those who are experts of altcoins tradings.

Yes indeed. Trading is the war of highly intellectual decision makers. If you are weak, you are the victim of the pioneer in trading. They will just play with you until you surrender. In trading you must know how the movement of the market price works. And if Alt coin trading is being discussed. You MUST know what are the tactics the devs and the veterans are using to troll the noob traders to take advantage to them

I'd rather say it is the war between price manipulators for the money of the rest of traders. It is unlikely that it will the war between the manipulators themselves since they are not there for losses but for profits. If they see that there is no sure way to make money they will just stay away. So the only possible way to trade successfully long term is to stay with the winning party

But unless you have an insider information, this is a very hard thing to accomplish

I agree with you. Those big amount holders have the ace up their sleeve. Whenever there is a big wave that comes we just have to go with it.
One problem is panicking in a little movement, we have to be sure that every drop will be counted. Without an inside informant that is really hard, we can just rely on predictions which have a little low percentage that will come true.
I suggest getting to know the history prices for more information and instinct.

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