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Pfizer
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July 20, 2017, 05:07:07 PM |
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Trading is completely unpredictable, and in reality slowly the experience one gains investing small capital will make the trading effective and a profitable earning source. So all that need is patience to learn and a capital to invest, which helps in make better predictions about the crypto market.
That's true but more than it traders must be very carefully these days. The market and exchanges are so risky to trade. The prices are moving like crazy at all. Even experienced traders can't predict the right things. |
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BUK2016
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July 20, 2017, 06:59:10 PM |
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I don't agree with your submission that trading is an unpredictable job. Trading is unpredictable only if you don't have a working strategy but if you have a good working strategy one can predict trading.
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Low Sigma
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Algorithmic Trader
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July 20, 2017, 08:34:40 PM
Last edit: November 29, 2017, 08:51:00 PM by Low Sigma |
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There is a nice quote which sounds some like this: "Risk comes from not knowing what you're doing."
In a nutshell, always know what is your current risk exposure(borrow some models from traditional portfolio investment world) and more importantly, have a strategy with a positive edge.
It is useless to have a great risk management plan without a positive edge trading strategy, you will just bleed money in the long term.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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July 20, 2017, 09:44:42 PM |
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There is a nice quote which sounds some like this: "Risk comes from not knowing what you're doing."
In a nutshell, always know what is your current risk exposure(borrow some models from traditional portfolio investment world) and more importantly, have a strategy with a positive edge.
It is useless to have a great risk management plan without a positive edge trading strategy, you will just bleed money in the long term.
Level of risk decides level of predictability in trading. The challenge of unpredictability of trading will get solved by proper knowledge on different aspects which must be including risk and money management and strategies. |
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yrreg ger
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July 20, 2017, 09:49:27 PM |
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Yes, it is really unpredictable, like bitcoin value we don't know when to increase and when to decrease. But we still continue using it just like trading because we can still earn from it even if its unpredictable, because if we have a good knowledge in trading even if how predictable it is we still continue to trade just to earn.  Right, I already experienced that situation even I want to trade in high price but it still unpredictable. Like my last trading, I need a money so I trade my save cryto-currency then I want a high income but because of the segwit that will happen on august 1 it affects the market of bitcoin. The price is continuously down and because of what I observed it trading which is continuously dumping I decide to trade in low price then after 4 days it back to high price, a big shit, even you want to save it but there's a time that you need to convert because of financial problems. |
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iqlimasyadiqa
Legendary
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July 20, 2017, 10:20:29 PM |
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I don't agree with your submission that trading is an unpredictable job. Trading is unpredictable only if you don't have a working strategy but if you have a good working strategy one can predict trading.
Yes, we do strategy and analisys in trading. So trading is a work that can be predicted, because if our strategy is successful then we can achieve profit. In contrast to other jobs such as gambling, gambling is only risking against luck. So trading for me is a job that can generate income when we can do the proper analysis of the coin that we have. |
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btcjocan
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July 20, 2017, 11:00:04 PM |
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I don't agree with your submission that trading is an unpredictable job. Trading is unpredictable only if you don't have a working strategy but if you have a good working strategy one can predict trading.
Yes, we do strategy and analisys in trading. So trading is a work that can be predicted, because if our strategy is successful then we can achieve profit. In contrast to other jobs such as gambling, gambling is only risking against luck. So trading for me is a job that can generate income when we can do the proper analysis of the coin that we have. It says unpredictable. Somehow it is because some people don't have the same decision when it comes to trading and that is a loss of income for the investors. For instance, my parents traded their calf only once in a week, they expected that it would be the same the other week's trading as they could get profit to it. All in all,it's a case to case basis. |
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ilovefeetsmell
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July 20, 2017, 11:40:47 PM |
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To learn to trade, you need your experience.
If you want to be a trader you should learn passionately about it. As of now, I am studying about trading and what benefits I can get when I pursue in this job. I wonder more traders can earn money in just a week more than 100USD. Trading is a good one to choose job so keep on believing on what can you do on holding your tokens. If you are a trader, so it a good choice for you. |
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KnightElite
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July 21, 2017, 12:03:22 AM |
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I don't agree with your submission that trading is an unpredictable job. Trading is unpredictable only if you don't have a working strategy but if you have a good working strategy one can predict trading.
Yes, we do strategy and analisys in trading. So trading is a work that can be predicted, because if our strategy is successful then we can achieve profit. In contrast to other jobs such as gambling, gambling is only risking against luck. So trading for me is a job that can generate income when we can do the proper analysis of the coin that we have. It says unpredictable. Somehow it is because some people don't have the same decision when it comes to trading and that is a loss of income for the investors. For instance, my parents traded their calf only once in a week, they expected that it would be the same the other week's trading as they could get profit to it. All in all,it's a case to case basis. Yeah I agree to you. The trading is unpredictable job because you can't even know what decision that you will do and of course you can't predict to when the right time that you will buy and sell. |
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Maslate
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July 21, 2017, 01:01:12 AM |
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To learn to trade, you need your experience.
If you want to be a trader you should learn passionately about it. As of now, I am studying about trading and what benefits I can get when I pursue in this job. I wonder more traders can earn money in just a week more than 100USD. Trading is a good one to choose job so keep on believing on what can you do on holding your tokens. If you are a trader, so it a good choice for you. Trading can give you a lot of money even if you only have a small capital provided that you will work to progress, it's not an overnight success and although this is very unpredictable job but we still have a chance to be successful just like other people. I call this a game and it's only for people who are willing to take risks and they can afford to lose what they are considering as capital. |
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seattletu
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July 21, 2017, 01:38:56 AM |
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To learn to trade, you need your experience.
If you want to be a trader you should learn passionately about it. As of now, I am studying about trading and what benefits I can get when I pursue in this job. I wonder more traders can earn money in just a week more than 100USD. Trading is a good one to choose job so keep on believing on what can you do on holding your tokens. If you are a trader, so it a good choice for you. Trading can give you a lot of money even if you only have a small capital provided that you will work to progress, it's not an overnight success and although this is very unpredictable job but we still have a chance to be successful just like other people. I call this a game and it's only for people who are willing to take risks and they can afford to lose what they are considering as capital. Yes actually Trading can give a way to earn big money.But even though for lot of people say almost 95% people it is unpredictable.So only 5% of Traders can predict it and earn from those 95% of traders money.So obviously they became rich, but remember it is not an overnight Job. You need spend years to master this in order to take that 5% part of people. |
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leirou
Member
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Activity: 112
Merit: 10
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July 21, 2017, 01:56:53 AM |
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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?
Yup you need that three . In method you could watch video tutorials in sytematic trading try search Forex Trading keyword for it. Same as the other 2. Emotional control needs a lot of discipline though. If you are having a hard time controlling your self try trading with a lower percentage of your capital that will boost your control over your emotion. |
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nesty
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July 21, 2017, 02:50:41 AM |
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Trading is unpredictable job specifically here in crypto world the market is very volatile sometimes it goes up really high or very low. So we must be prepared for the risks we are taking. Most importantly we should know and choose the right investment so that we can tolerate the risk otherwise we will loose what we had invested.
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Savemore
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July 21, 2017, 03:37:24 AM |
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Trading is unpredictable job specifically here in crypto world the market is very volatile sometimes it goes up really high or very low. So we must be prepared for the risks we are taking. Most importantly we should know and choose the right investment so that we can tolerate the risk otherwise we will loose what we had invested.
Yeah I agree to you when you say trading si unpredictable job and also you are correct that all of the coins are volatile it means the value of the coin are always changes. Trading is a risky job and it requires a lot of knowledge. |
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Ziskinberg
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July 21, 2017, 04:59:00 AM |
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Trading is unpredictable job specifically here in crypto world the market is very volatile sometimes it goes up really high or very low. So we must be prepared for the risks we are taking. Most importantly we should know and choose the right investment so that we can tolerate the risk otherwise we will loose what we had invested.
Yeah I agree to you when you say trading si unpredictable job and also you are correct that all of the coins are volatile it means the value of the coin are always changes. Trading is a risky job and it requires a lot of knowledge. It's not like a job that will give you a stable income, in trading when you are smart you can make more money than you can earn in working with your day job. Risk takers do trading and I am one of the proud trader because I made most of my income in this venture, I did quite my job because I feel like I can spend more time and focus on trading when it is the only thing I think. |
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mharz
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July 21, 2017, 10:34:13 AM |
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Trading is like a gambling that you need to bet. Because you don't know what coins were gonna raised up. However it easy to project the coins than to predict the fluctuation of coins.
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passwordnow
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July 21, 2017, 11:01:33 AM |
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Trading is like a gambling that you need to bet. Because you don't know what coins were gonna raised up. However it easy to project the coins than to predict the fluctuation of coins.
Yes there are the same. Trading is like you will wager your bitcoins and will wait if your bought coins are going to increase its value. Like in gambling you will wager and you don't have an idea if you are going to win. |
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stadus
Legendary
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Hhampuz for Campaign management
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July 21, 2017, 12:17:58 PM |
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Trading is like a gambling that you need to bet. Because you don't know what coins were gonna raised up. However it easy to project the coins than to predict the fluctuation of coins.
Yes there are the same. Trading is like you will wager your bitcoins and will wait if your bought coins are going to increase its value. Like in gambling you will wager and you don't have an idea if you are going to win. You bet on a coin in trading to go up or down but you will not lose directly when you are wrong because you can still wait for it to go up but in gambling you are given a chance to choose and if you are wrong you will have to pay for the play. That's the difference, also there is a house edge in gambling but there's none in trading |
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giveen
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July 21, 2017, 11:52:07 PM |
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Yes it is you surely need a goal or a price in mind don't keep too high don't be greedy also let's say you bought a coin at 7000 sat and you plan to sell it at 11000 sat just put a sell order of 11000 sat right away if it is a high cap coin like dash , ltc etc then you can sell it at a higher price but if it's a low cap coin don't wait for it to reach that price and then sell because many miss the opportunity and regret it. Second check the all time high price of the coin if it is more than at what price you bought don't sell it for loss but instead sell it at a bit higher price.
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lovesybitz
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July 21, 2017, 11:53:17 PM |
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You do have to have a method for trading. I like to wait for the price to drop and then buy, but I keep some cash to buy again if the price drops more. That extra leverage can give you some peace of mind, but it takes away from what you could make if the price doesn't keep gong down. You just have to find a method that works for you.
That's right! and the things you do was very good idea actually, eventhough we knew that trading is very undpredictable because of its volatility we still keep trading it according to our technical analysis we had in mind in terms of the value of its coin. |
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