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741
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Economy / Gambling discussion / Re: Gambling and Superstition
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on: July 26, 2017, 10:27:54 PM
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Anybody who makes any kind of major decision based on a superstitious belief, rather than relying upon reasoning and logic, is making a big mistake. If they are playing a game, or they're just having fun, then it can't hurt. But, gambling away much needed money based on superstition is absolutely irresponsible.
I respect those gamblers that thinks they are lucky because of what they do and believes in superstitions. We can't blame them, I was one of them before but you are right, they are making a big mistake it's either they really don't know that there's logic and it's just a coincidence that they've won. There is nothing we can do but respect other people, if we laugh at them, they may feel offended and may start an unpleasant stuff between you and that person. Eventhough we both agree that superstition is just some mind stuff, we all fall to this kind of thing. I do have superstition before but then I just laugh at myself whenever I think of it today. I also confirm with that and with modern age today, superstitions linked to gambling references was just a mythical beliefs inherited from other gamblers family line. There was no mere fact proven to those superstitions who happen not legit to acquire truth to some who believes it as help to them in winning. But the actual scenario doesn't provide any advantages here and worst is very frustrating to the gamblers who loses more money Since long time ago i think superstition has nothing to do with the outcome. People just looking for something to blame in case they are suffering lost ! They never accept the fact , that's why. Soundslike ridiculous isn't it? |
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742
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Economy / Trading Discussion / Re: Trading is unpredictable job.
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on: July 25, 2017, 10:37:29 PM
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Yes, it is. Therefore, you need to learn about trading so that you can make trading more predictable. There are many possibilities when you trade, the more you learn, the more number of possibilities will be reduced. Traders do know how to make money from trading
Everything is basically uncertain and unpredictable isn't it? Even with ourlives itself is unpredictable right? The time when something unpredictable it is an opportunity to make it as a game. And in this case is about trading , to guess the price range and buy/sell it on a correct position , there's nothing wrong with it. |
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743
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Economy / Gambling discussion / Re: Trading vs Gambling
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on: July 25, 2017, 10:30:09 PM
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In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.
i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading. Trading and gambling will always be a too good to be true business. That's why it is almost impossible for you to get a steady income through both ways. I just think trading a little bit reliable rather than gambling because of various reasons such as gambling with its probability always have an odds that against the players , it is the biggest disadvantage. |
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744
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Economy / Gambling discussion / Re: Gambling. Is It Wrong?
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on: July 25, 2017, 10:21:05 PM
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Gambling are wrong only when you start losing all the money, you can not stop, but every day you continue to do it again and again even getting into debt.
Thats pretty nonsense, you are going to lose alot of money if you gamble and that is the risk that you should be aware of . There is no way to get some great return without taking any risk at all. Dont even think of stopping when you only lose the money but you should think of stopping right from the moment you start if you are hesitating to lose some money Indeed. It would be unwise to think or to expect that gambling is something that you won't lose anything at. By definition of the word itself, you're putting bets on something that has an uncertain result. And that certainly places you in a position to lose money more than gain. But that doesn't make gambling wrong. Gambling is wrong if we do not have comfort in mixing strategies to win, gambling is also wrong when we think it's just for fun, then you will run out and drown in the appeal of their promotions, because the risk of gambling is very high, then we should take it seriously. Discard instant thought patterns and quickly choose between serious gamble or no gamble at all. Yeaaa a little bit agree with you , we should choose to gamble seriously or leave it forever. As when you treat gambling for having fun , i doubt people could survive to not get addicted. I just disagree when you mention about strategy that can be used in gambling , i think it is just about bankroll management , emotion control etc. But if you think it is part of the startegy then yeaaa it is true. |
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745
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Economy / Trading Discussion / Re: What is your trading strategy?
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on: July 25, 2017, 10:11:40 PM
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actually I don't do short term trading I hold for long time so this doesnt matter to me.. and after 1 or 2 year I get a lot of profit
Are you sure you will guaranteed to get profit when you do long term trading without doing anything? And i think even a long term trading still have certain period , if there is no period then i can say it wasn't trading but investment. A continuous analysis required with a lot of sources , reading and monitoring more often is the best way to trade effectively. |
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746
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Economy / Gambling discussion / Re: do you use analysis when play gambling?
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on: July 25, 2017, 10:02:50 PM
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I use analysis only when I bet on sports, because there can not be won only on emotions. But in roulette analysis is not needed, I can only get pleasure from the game there.
There is no gambling game that can be won by emotion, if there is one, hit me with a PM, I can assure you I will be a millionaire in no time. Also, all gambling games use analysis, even roulette. Analysis is not only about thinking the the teams and players, analysis also is about how much are you gonna bet so you can be sure even if you lose or win. Is the luck factor being included under emotions ? Because your emotions driving you into different path rather than where you have actually planned for. But emotion will kill your analysis but I do not think it will right to consider emotion as the deciding factor. When you do analysis in such a luck based games i think you are a supertitious person. I mean it is clearly proven that nothing can changes the outcome of that games. But you still doing analysis however , and that time analysis isn't reliable anymore , so it is always depends on what kind game is it. |
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747
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Economy / Gambling discussion / Re: Worst mistake in gambling
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on: July 25, 2017, 09:54:37 PM
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My worst mistake in gambling is when i put a wrong chance instead of going for a 90% i had put 9% and go all in. The result was lose, that bet was give me worst feeling. Whenever i bet now i always check if i put a correct chance.
How did that happen? An sight problem? Man! You need some glasses.  That is a hell of a lost if you bet all in. It will be hard to come back from that when you keep thinking about the lost. Stress will come in and you can't play the way you are from the start. I have been there, but not a wrong choice. It was somehow a risk that I did take thinking I will win. Biggest mistake of my life. Too greedy. Well its always happened when you are too excited to bet. I myself have made that mistakes not only in online site but in a land based casino as well. I think there are instance that it gives me a good result, but most of the time the result is negative. So we need to be careful before clicking the spin button. Sometimes putting wrong amount or a wrong winning chance could turn to your lucky day right? I have experienced it , instead to place a bet of 0.01 bitcoin , i did it for 0.1 bitcoin and i won it unexpectedly! But sure you will never do it repeatedly isn't it? The lucky won't come to you every single day. |
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748
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Economy / Gambling discussion / Re: Is it a sin to gamble?
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on: July 25, 2017, 02:31:05 PM
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I don't think gambling is a sin because when someone believe he or she is not stealing or cheating then that's a probably fair game and it's also primarily for fun. That's just my point.
Actually things what makes gambling considered as a sin for most people isn't about the game itself. But when gambling in most case always finished with sad story and not benefical. Then you should really consider it as a biggest sin right? |
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749
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Economy / Gambling discussion / Re: What keeps you coming back???
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on: July 25, 2017, 02:15:13 PM
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I have been gambling for 3 years and every time i decide to quit it there is something what bring me back. Not only me but with a lot of people is the same.
Is it addiction or just those casinos have something that pushes us to keep gambling?
It is not about money because even if i have enough money i keep gambling for no reason.
You're addicted! if gambling is affecting your life in a negative way then you must seek a professional's help(gambling therapy). addiction is pretty nasty thing, get yourself out before it's too late. It is never easy to leave gambling right? Everyone know bout that . Just treat gambling better , i mean don't set any target in gambling just like when you are usually doing it in other profitable business. It is just an exclusive hobby that mostly cost a lot of money , so just try to gamble such as twice a month or so. yeah its really hard to leave gambling if you ask alot of people in this forum. some people put goals and almost reached it but failed and ended up losing up all its better to not set target. some others gamble to get profit but its not their hobby. its better to not gamble rather than gamble twice a month No of course it is better to don't gamble at all right? But at least when you have a problem to leave gambling addiction you can give it a try. To gamble twice a month isn't a bad idea right? Rather than you will always losing control and lost a lot of money. |
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750
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Economy / Gambling discussion / Re: When to leave the game?
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on: July 24, 2017, 11:49:45 PM
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As you know that you need to stop and leave the game? How can you feel this moment. I almost always lose their money because they can't learn when to leave the game. I'm not sorry to lose. I have a lot of money not to lose, but I can't keep the winnings if I'm lucky.
Leave when you are ahead it is as simple as that, if you keep playing you risk losing everything you have worked for, and if you do you are going to regret it for quite some time after you suffer those losses. Be a wise player , leave it forever once you get a huge winning. Or leave to gamble when you feel you have lost too much and cannot afford to lose it. Don't be greedy just play it easy , mostly people gamble in hurry. |
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751
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Economy / Trading Discussion / Re: Can you suggest a better way??
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on: July 21, 2017, 01:03:40 AM
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HODL if you don't have such as financial problem, buy when dump/low and just still Hold it until problem came just pinch some in your hold but don't convert it all  The more you have the better will be your profit. Then go for stocks or business in life that may help you a lot somehow can be lifetime investment. Don't set aside you coins in exchange, it may eat your money because some exchange are doing shit to just scam people. Thats true just hodl if planning for an earning good. But currently the bitcoin price is increasing and I dont know if still there will be a downtrend will happen before aug1. Moreover, for now I just hold and I think there will be a bright future may happen soon. i am sure that there will be no such a bad effect of the 1st August on the price of bitcoin, i am sure that the price of bitcoin will continue increase even before 1st August and will continue increase after 1st August also. Did you guys heard about the rumours recently? That the split looks like won't happened as most miner agreed on segwit . And that's what makes the current market bounce back heading to the next level of bitcoin price! Keep holding no doubt! |
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752
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Economy / Gambling discussion / Re: Do you feel shameful for being a gambler?
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on: July 21, 2017, 12:51:54 AM
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That's what makes people become so shameful in several cases.
But i believe european people won't feel the shame at all mostly , the rules they have is tend to let gambling business grow and supported.
Basically we shouldn't shame about your gambling habit , you just need to play it full of responsibility.
European might not feel like that because most countries there are allow you to gamble. That is why people can gamble freely and that is why they dont need to feel ashamed but for me that come from a country that dont allow me to gamble then it is a crime for me to gamble. I want to keep this as my secret for sure Yeaaa a living environtment and life style of people around have a big role on deciding woukd you shame or not being a gambler. As i said many times , culture each places is so different right? Those people who's used to gamble in daily basis they won't feel anything , just a casual thing. |
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753
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will all coins continue to go down until 1st August?
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on: July 21, 2017, 12:44:21 AM
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We can only predict and I appreciate each of your views about the influence of August 1st.
But i think only the market and the user requests that determine the altcoin is up or down.
Theoretically the cryptocurrency market or any other market is indeed always depends on the demand and supply itself. When there is a huge spike on both aspects it could directly changes the market direction. 1st august is basically about bitcoin fork , and yeaaa it might affects altcoin a little bit i guess, there will be an adjustment rather than keep dropping down. |
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754
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Economy / Gambling discussion / Re: Can gambling be profitable in long term ?
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on: July 21, 2017, 12:30:43 AM
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I think so. If you gamble using some good and reliable websites and do it wisely, you will get some really good money from it, I guess.
I never find any positive comment on whether gambling is profitable in long term.Only profitable in long term investments into trading here prediction will come to true at one point in trading but in gambling, it is not all possible. No wonder , gambling basically invented not for profit that's why it won't profitable no matter what. That is the fact , still a lot of people don't care about it with a reason for having fun. But when you do the math , the whole money you have spent in the past for the sake of having fun in gambling is a huge loss. Agreed, gambling is perfectly an entertainment. But the misinterpretation by the users made it to be an earning source and the addiction into it increased. With gambling very few could have earned big, and the same is entirely on luck. If people understand it, even in the short time can earn through gambling. Yeaaa basically every winnings is just a temporary winning , that's what i call it . Why? Because there is noone could make gamble in the long run finished their career with a good condition (in profit) So just don't put your expectation on gambling for money profit , it will only makes you disappointed. |
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755
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Economy / Gambling discussion / Re: Does experience matter in gambling?
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on: July 20, 2017, 05:50:53 PM
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If you don't have experience you will be betting blinded . and it is very bad to do so
Betting blindly or more common in the name of guessing is really common in gambling. When you are playing a game like dice, the outcome of the game is unknown, no one knows what will be the result so you will base your bet by your guts, your experience, your luck, or your knowledge. Lol i think any kind games is uncertain / unknown for the outcome when you gamble. That's why it is called as gambling , but for some people experience sometimes helpful to read the situation and handle something bad in gambling. As example you might won't chase the losses after losses when you are experienced. It's not the outcome that you have to look into but the whole process itself when you gamble so you'll at least save yourself from being broke. The more experienced you are in gambling, the less likely you'll make newbie mistakes that can lead to big losses. And it also keeps you well in control ofnyour emotions. But how you will handle unexpected outcome huhhh? Everything could goes wrong not as planned, that's the simple basic in gambling that you should know. Experience might has a little effect , but not that important. |
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756
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Economy / Trading Discussion / Re: Bitcoin or Ethereum ?,
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on: July 20, 2017, 05:42:28 PM
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Ethereum for a short run and bitcoin for long-term... But right now no chance to spare my money and time on any other, I have picked bitcoin only...  Indeed, the leader of crypto currencies is bitcoin. No other coin can stand opposite to bitcoin. No coin has yet got potential to challenge bitcoin in any way. Bitcoins are the best digital coins for enjoying great profit. Ethereum has its own place in market but has no comparison with bitcoin. If a huge profit is aspired, bitcoins are the best option. Even in day trading, they play well. Honestly i see a lot of potential in ethereum , the devs and the users itself is so much and strong. But i cannot really avoid the fact that bitcoin as a pioneer is irreplaceable no matter what. The concept and large community be thereason why bitcoin won't shaked from anything. |
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757
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Economy / Gambling discussion / Re: Do you feel shameful for being a gambler?
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on: July 20, 2017, 05:20:35 PM
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Gambling is illegal in my country and not many in my country knows that you can easily gamble with bitcoins so if I get caught while gambling or if police catches me gambling and if people around me comes to know that I am into gambling then it will be shame on my part as it will spoil my image in society and if not then everything is fine.
That is why btc gaming is the best. There is very difficult to get hold of you gambling unless the police come and confiscate your laptop or pc. In real world gambling, you can even be spotted by friends or relatives and they can stabbed you at the back without you knowing. You are right about that, there are people who sees gamblers as sinners, bad influence and would often think that gamblers are the reason why the economy of a specific country is down. It is not the gamblers fault why the economy is like that, in fact, people who thinks like that are the problem of a society. There are people who would talk about rumors from time to time and talking about productivity at work, their attitude will never be helpful. Gamblers should not be ashamed or feel ashamed, who should be ashamed are the people who talks about others without looking themselves in the mirror first. After all, not all gamblers are addicted. It is just the matter of how we have a different culture to treat gambling itself. Some places have a tight rules about that and people around really respect and obey on what they have created as the rules. Shameful is a sure thing when you live in that kind place. Each culture treat gambling differently and in a place where gambling has been marked as a bad thing, we can't ignore the fact that if someone knowing our gambling habit then we could get a bad image and even worse. That's what makes people become so shameful in several cases. But i believe european people won't feel the shame at all mostly , the rules they have is tend to let gambling business grow and supported. Basically we shouldn't shame about your gambling habit , you just need to play it full of responsibility. |
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758
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Economy / Trading Discussion / Re: did you place all your funds into bitcoin?
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on: July 20, 2017, 04:51:54 PM
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Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
to me i personally invested abut 70% of my assets in bitcoin and in fact i am still investing my money there. because i am sure about the price if bitcoin that the price of bitcoin will continue increasing for a long time and hope that after some time it will give me a good profit. It is like a sure thing that bitcoin price will always increase as it getting rare and rare day by day. The big mining company will struggle to mine a lot of bitcoin and it could affect a lot on the market too. We just need to be patient a little bit longer , and collect a big profit later. |
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759
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Economy / Gambling discussion / Re: Can trading be considered as gambling??
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on: July 20, 2017, 04:26:37 PM
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Depends on how you treat trading maybe both of them have risk how you can earn if you don't risk right? Much better to grab the opportunity to risk to earn than to risk your momey without assurance of getting it back from gambling , trading can be minimize your lose if the coins doesn't successful to increase or just hold to a months.
Still taking risk on trading always much better and reasonable one isn't it? Gambling for some people is a game of money that guarantee you to lost when you try to make money of it in the long run. Both have a lot of similarity and yeaaa it is depends how you feel about it. I personally don't think so. |
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760
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Economy / Trading Discussion / Re: Trading is unpredictable job.
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on: July 20, 2017, 04:12:12 PM
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I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
Unpredictable?. Yes it does. Close related to gambling? apparently yes.. Cryptocurrency Trading is much more a like gambling because of being unpredictable and it also risks money. Unlike gambling you can choose to bet on the amount you can afford to lose, trading needs a lot of control as the OP say's, one of the major problem is to control your emotion also as stated. Overall it just need to be studied and try trading from smaller amount until you have guts to trade more money... Predictable yes , unpredictable yes. Why? Sometimes you predict an accurate price and sometimes far away from correct. So for me it is just the matter of how accurate you guessing certain price. There is a lot of thing you can use as a reference to study the market and decide to go for which one to trade. |
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