Trading is unpredictable job. - page 95.

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Quote from: danherbias07 on January 29, 2017, 03:11:49 AM

Quote from: --DarkSecrets-- on January 29, 2017, 03:07:05 AM

Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Well , patient i think will work out of these ,because if ypu have more patient it will bring you to more good trading skills ,patient is not only ability it is applied skills in some things . Even pump and dump schemes are too unpredictable by using patient there's a big chance for you to earn and worth your patience when a crypto pumps in a high price .

Yeah but not too much. There are decisions that are need to be made at the right moment. If you are too patient then you might miss that opportunity. It will still depend on the right instinct and being there at the right time. Monitoring every move of one crypto is really hard, what more investing to many though it can be done. I think all of that should be applied in the exact time.

did you know what is patient? patient is waiting for the right time to act and there's no word too patient, if someone missed the opportunity because of waiting too longer then it seem that that person just don't give a shit about what they're waited. by the way you can monitor every crypto through your phone which is definitely not really hard

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Quote from: --DarkSecrets-- on January 29, 2017, 03:07:05 AM

Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Well , patient i think will work out of these ,because if ypu have more patient it will bring you to more good trading skills ,patient is not only ability it is applied skills in some things . Even pump and dump schemes are too unpredictable by using patient there's a big chance for you to earn and worth your patience when a crypto pumps in a high price .

Yeah but not too much. There are decisions that are need to be made at the right moment. If you are too patient then you might miss that opportunity. It will still depend on the right instinct and being there at the right time. Monitoring every move of one crypto is really hard, what more investing to many though it can be done. I think all of that should be applied in the exact time.

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Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Well , patient i think will work out of these ,because if ypu have more patient it will bring you to more good trading skills ,patient is not only ability it is applied skills in some things . Even pump and dump schemes are too unpredictable by using patient there's a big chance for you to earn and worth your patience when a crypto pumps in a high price .

choppork

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Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Leaving your greed out of your mind is not an easy thing to do. You can't just extract it from your brain and then delete it. Some might say that it would take practice and whatnot but I think greed can't be removed from your mind since you're human. And a human being is full of greed no matter where he is and no matter what his status in life may be.

Quote from: Zadicar on January 28, 2017, 11:54:43 AM

Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Option 4 should really be removed on our minds since this thing will surely destroy our trading style and plans specially when you are pursuing or eager to make money or shall we say being greedy on aiming huge profits. Patience does really require if you dont have this then trading is not for you.

Those who have no patience can always do short trading and they can still make money from that but it's not as much as what you'll get from long term holding. You can also do a couple of short trades to play with the price fluctuations.

ManOnTheMoon

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Quote from: Zadicar on January 28, 2017, 11:54:43 AM

Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Option 4 should really be removed on our minds since this thing will surely destroy our trading style and plans specially when you are pursuing or eager to make money or shall we say being greedy on aiming huge profits. Patience does really require if you dont have this then trading is not for you.

Exactly if you don't have patience then trading is not the right place for you to make money as it will test your patience at each and every level and most of the users go through loss as they don't wait for the right time or you can say that they get panic and make wrong moves and sell their coins which bring loss for them.

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Quote from: fikihafana on January 28, 2017, 11:35:46 AM

Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

Option 4 should really be removed on our minds since this thing will surely destroy our trading style and plans specially when you are pursuing or eager to make money or shall we say being greedy on aiming huge profits. Patience does really require if you dont have this then trading is not for you.

fikihafana

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Trading is unpredictable job, i fully agree with this statement. If you found unpredictable market,i sugest you to still stay. Trading need your intelligence

1. patient
2. timing
3. intuition
4. leave your greedy outside your mind

shane

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people who can life with daily trade is a great people with highly mental.
i use trade as side job, but its not easy to control our emotion when i lost my money in market dump.
now i leave t and focus to mining, but the earning is very low if i compare with profit at trading.

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Quote from: Edraket31 on January 27, 2017, 10:08:52 PM

Quote from: RussiaIsBest on January 27, 2017, 09:14:56 PM

It can be predictable but not always but only if you found great project coin which is like example here in signature campaign then it would be great project,if coin owner advertise hard that coin,also buying top trending coins and sell later is really great strategy and really predictable.

We cannot know the exact amount but the market experts can predict based on the data they have if the price will going to rise or not.
The one that price depends is the number or users who are willing to buy is I think that is more unpredictable that is why trading is so risky. We cannot really tell the exact.

True , but still if we are working our job of trading with our own stretagy then we will get some extent profit without any much problem . So here I can't fully support that " trading is unpredictable job " .
But still in trading sometimes we got jackpot or got negative of jackpot due to rust of market and down of market respectively .
So it is to be better to buy those altcoins which are at the rate of 10-20 satoshi and thus when got fluctuate for high we will got profit but still if price goes down thestil we will not get much loss .
So some stretagy always results into the profit always , So here by using own mind we can change the job of trading into predictable job with maximum chances of getting profit .

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Quote from: RussiaIsBest on January 27, 2017, 09:14:56 PM

It can be predictable but not always but only if you found great project coin which is like example here in signature campaign then it would be great project,if coin owner advertise hard that coin,also buying top trending coins and sell later is really great strategy and really predictable.

We cannot know the exact amount but the market experts can predict based on the data they have if the price will going to rise or not.
The one that price depends is the number or users who are willing to buy is I think that is more unpredictable that is why trading is so risky. We cannot really tell the exact.

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It can be predictable but not always but only if you found great project coin which is like example here in signature campaign then it would be great project,if coin owner advertise hard that coin,also buying top trending coins and sell later is really great strategy and really predictable.

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Quote from: agamasrori on January 27, 2017, 07:48:50 PM

Quote from: thepo1m on January 27, 2017, 02:15:37 PM

Your assessment might be right for those that go into trading thinking this is a game of chance.

You need a working trading strategy to be a successful trader and be very discipline to stick with it and devoid of emotions.

I agree with you. Trading is not such as game or gamble. The begginer usualy do trading without any strategy and just make prdiction. But this is normal they will get better by proccess.

Only if they will no quit and turn their activities into complete gambling, actually it is alright to gamble and trade at the same time because it can give great benefits to you if you will only act based on the recommended actions. When trading, that should be your main priority to earn money while you just gamble to be entertain.

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Quote from: ironm@n on January 27, 2017, 04:49:59 PM

Quote from: wuvdoll on January 26, 2017, 11:59:35 AM

Quote from: davids on January 26, 2017, 11:41:03 AM

Trading needs a strategy and analysis, without knowing about the asset for trade it will be make lost your money. If you can do good analysis you can make profit

But many traders are facing losses even after they have good analysis due to unpredictable market swings. Your strategy and analysis may help you up to certain levels, beyond that trading always remain unpredictable. This may be a reason some people call trading is another type of gambling.

If the trader is having losses, there is certainly some problem in his analysis. However, if the trader really does a good analysis, then it is possible that the reason for the loss is market manipulation... in that case, the error lies in the asset choice, which he/she is trading.

In the cryptocurrency space, for example, if you choose a coin with a small market and with a supply controlled by just a few people, chances are great that this market is manipulated by such individuals. This is one of the reasons why choosing the right cryptocurrency is an important step in trading.

Bitcoin is an unpredictable market where even the best traders end up making faulty trades. It doesn't mean they analyzed the market in a wrong manner, but it's the aspect of not being able to fully read the market due to it being unpredictable. In this case it's luck that they depend on, but as happens with luck, one time it's on your side, and the other time you'll be left alone in the dark. Regarding altcoins, I can't think of any altcoin that isn't for the major part in the hands of just a few people. Why else do you think these coins get pumped? They won't pump any coins if they aren't major share holders.

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Quote from: thepo1m on January 27, 2017, 02:15:37 PM

Your assessment might be right for those that go into trading thinking this is a game of chance.

You need a working trading strategy to be a successful trader and be very discipline to stick with it and devoid of emotions.

I agree with you. Trading is not such as game or gamble. The begginer usualy do trading without any strategy and just make prdiction. But this is normal they will get better by proccess.

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Quote from: wuvdoll on January 26, 2017, 11:59:35 AM

Quote from: davids on January 26, 2017, 11:41:03 AM

Trading needs a strategy and analysis, without knowing about the asset for trade it will be make lost your money. If you can do good analysis you can make profit

But many traders are facing losses even after they have good analysis due to unpredictable market swings. Your strategy and analysis may help you up to certain levels, beyond that trading always remain unpredictable. This may be a reason some people call trading is another type of gambling.

If the trader is having losses, there is certainly some problem in his analysis. However, if the trader really does a good analysis, then it is possible that the reason for the loss is market manipulation... in that case, the error lies in the asset choice, which he/she is trading.

In the cryptocurrency space, for example, if you choose a coin with a small market and with a supply controlled by just a few people, chances are great that this market is manipulated by such individuals. This is one of the reasons why choosing the right cryptocurrency is an important step in trading.

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Quote from: youdacapt on January 26, 2017, 06:35:41 PM

Quote from: davids on January 26, 2017, 11:41:03 AM

Trading needs a strategy and analysis, without knowing about the asset for trade it will be make lost your money. If you can do good analysis you can make profit

Most people only talk about good analysis, and I assume this is just a book title. I want a real example for the implementation of analytical techniques either involve any case. Unpredictable trading usually leads to type of person who has a higher level of emotion, when lust is too high, mind becomes blind, and it was a mistake for initial analysis.

Just follow the trend (it's your friend)

Following the trend will probably bring you more profits (and preserve from massive losses) than any other strategy. There are many technical tools to determine the current trend (e.g. moving averages) but in most cases the trend is clearly seen by the naked eye. For example, right now we are trading sideways, and it is not clear where the price is going to move next, up or down. In such cases, you'd better not trade at all or try scalping with small amount (but it will be mostly gambling) as well as look for arbitrage opportunities (but they are also rare when Bitcoin mostly trades sideways)

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Your assessment might be right for those that go into trading thinking this is a game of chance.

You need a working trading strategy to be a successful trader and be very discipline to stick with it and devoid of emotions.

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Quote from: cokkapaga on January 26, 2017, 07:33:22 PM

Trading is need a analysis and predict.
yes, we knows that no one predict for sure when the price of btc will be increase or down
just predict and let the market decide it.

without make analysis and predicting in the coins then it would be a gambling and we should have a good info to make analysis. the unpredictable for me is when we can not make the analysis and only guessing about the price and the coins so we are not have a good source to make analysis.

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Quote from: angaper on January 26, 2017, 08:41:18 PM

Quote from: wuvdoll on January 26, 2017, 11:59:35 AM

Quote from: davids on January 26, 2017, 11:41:03 AM

Trading needs a strategy and analysis, without knowing about the asset for trade it will be make lost your money. If you can do good analysis you can make profit

But many traders are facing losses even after they have good analysis due to unpredictable market swings. Your strategy and analysis may help you up to certain levels, beyond that trading always remain unpredictable. This may be a reason some people call trading is another type of gambling.

No, I don't think so. It is true that any trader can eventually err in their forecasts, but when you have a good money management it is really difficult to face severe losses. Maybe this is your case and you have failed in your attempts to succeed in trading, but that does not mean that trading is a type of gambling.

Yes, trading never can be a type of gambling just because of its unpredictable nature.

Trading is completely different from the all aspects of gambling. Probably the unpredictable nature might be the common thing across gambling and trading. There are a lot of methods are available to overcome the unpredictable nature in trading, whereas overcoming it is not at all possible in gambling.

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Quote from: genos on January 26, 2017, 06:06:59 AM

Quote from: EyeRis on January 25, 2017, 05:10:25 PM

yes trading is unpredictable. Sometimes the coins will probably, be down or sometime its up.You need to watch over it carefully, for you to not to be disappointed. but trading is good, if you choose, good coins

Actually trading not always unpredictable job. Sometimes the fluctuations can be guess by looking for any news contains bad or good news about the coin. When bad accident happen towards that coin usually the price will potentially down. Because the users of coin worries will loss some value.
Note : don't use too many enter on your post, just use once or twice dude

This will depend on the currency and, of course, the sources of information you are using. Choosing the currency is important because certain markets are easy to manipulate, especially when most of the supply is controlled by the devs or by a small group of people. I think that in trading it is also necessary to have legitimate and relevant information before the whole market knows this, because in this way it is possible to find the assets at the best buying and selling rates.

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