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Author Topic: Trading is unpredictable job.  (Read 234982 times)
SouperNerd
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October 05, 2017, 09:51:35 PM
 #2141

There are undoubtedly skilful traders operating within the crypto market however a lot of traders have been protected by the markets overall upward trend to date. Unlike other markets such as the Forex, bitcoin has always rallied ever higher, thus it has always been a good decision to buy bitcoin to date, with exception for those that bought at the recent peak, but I believe they too will be vindicated in time.

Yep, even those who bought in 2013 peak did very well if they held.

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October 05, 2017, 10:19:09 PM
 #2142

I think trading is a job that can still be predicted easily for those who have expert in reading graphics on the market. I often see the news of someone who is successful on trading and I conclude if trading is still predictable the most important we have to do well and decide everything with the right time.

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October 05, 2017, 10:27:28 PM
 #2143

Trading even in well established markets like forex is very risky so it is obvious that trading in a highly volatile market like cryptocurrencies will be very risky and very unpredictable. These are the perfect conditions however to make very large earnings so it is a risk/reward kind of situation.

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October 05, 2017, 10:51:05 PM
 #2144

Trading even in well established markets like forex is very risky so it is obvious that trading in a highly volatile market like cryptocurrencies will be very risky and very unpredictable. These are the perfect conditions however to make very large earnings so it is a risk/reward kind of situation.
The risk is normal because we need to start with money to make money, there are some who are successful in trading so we who also want that success are willing to take the risk and try our luck. It's not a short term but a long term process, if we fail in the beginning that is not the end of our journey but it's just the beginning, if we keep improving our strategy in trading and we stay in control then eventually we will be successful in the long run.

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October 05, 2017, 11:32:24 PM
 #2145

Yes it is, i don't really have any beef with trading or traders out there. but for me, i'll be engaging myself on bounties. Since it's less stressful and works for me well. I believe trading produces money but bounty produces more and more sustainable for me. But when you are after long shots, I think trading is a good deal for you.


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October 06, 2017, 02:48:55 AM
 #2146

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 trafing is indeed an unpredictable job because you cannot say whem do the coins will pump or will dump. There are times that the coins that you are trading is too expensive and which you are able to gain a lot of profit in it. Butbthere are also time that the value of the coins never grows up so you profits will be too small. It is too risky especially when you cannot control ypur emotions because it might lead ypu to much more bad decisions, ypu should not be afraid to lose big money of you want to be a trader.

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October 06, 2017, 03:21:21 AM
 #2147

Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you  can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that  trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.

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October 06, 2017, 03:43:42 PM
 #2148

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?

While having investment/capital for trading you need two more things to become a successful trader i.e experience and patience. A trader who can't control his/her emotions while trading could never be successful. There isn't any complex method involved in trading, through experience you become able to decide the PPP which is Perfect price on Perfect time at Perfect place while buying and selling.
Totally with you in my point of view experience is the most important thing together with the ability to predict by reading the data flow
There is only experience when you are coming to predict anything in this crypto world. You are right that people are just making FUDs and roamers about bitcoins and that all just go to dustbin on the very next day.

So experience is something that can help you to synthesize some important and valid predictions, so just win or learn.



experience is a must and you should have for me you don't need to predict for it for you to be a winner maybe trusting and make some personal study of it for you to know what should be next what can happen for it.
That's given. You'll encounter several different situations in trading and you'll learn from each and everyone.of those. Most experts started with having string of losses and they built their experiences from that
Nobody gets perfection without making mistakes or else he will never realize what it means to be an expert. Diamond takes centuries to become that precious from a coal. Similarly, pearl are not formed in days. Everything that has the most value takes time. In our case, we are also shaped out by facing failure. Future is unpredictable so there is always a room for the unexpected happenings.

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October 06, 2017, 04:27:53 PM
 #2149

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 is not an unpredictable job whatsoever, you have got to be smart and quick witted and know how to handle situations, as simple as that. Agreed that sometimes trading is not everybody's cup of tea. But that doesn't mean that you should give up on it. You will make some mistakes or your assumptions might go wrong, but that's the time when you will learn from your mistakes and soon you will be an expert as you will try to avoid them.

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October 06, 2017, 05:08:22 PM
 #2150

Agree, set up you trading plan, make sure you follow your own levels and set aside emotions. If your gonna be an intra day trader, find the trading tools that better suit your needs,  If you wanna be a long term investor on certain names while trading them make sure to be on top of recent news and info from the devs, joins their telegrams, discords, etc... Find your own rhythm and ajust accordinly, start small and grow as you get more comfortable in your "trader/investor skin"
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October 06, 2017, 05:20:38 PM
 #2151

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 is not an unpredictable job whatsoever, you have got to be smart and quick witted and know how to handle situations, as simple as that. Agreed that sometimes trading is not everybody's cup of tea. But that doesn't mean that you should give up on it. You will make some mistakes or your assumptions might go wrong, but that's the time when you will learn from your mistakes and soon you will be an expert as you will try to avoid them.
As on how you can be trainable you must have some experience anyone can make mistakes but for every mistakes there should be a lesson learned that for the second time around you may now apply what you have learned unpredictable job i agree for trading just because it is not easy to analyze every single detail for you to know what can happen next.

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October 07, 2017, 06:04:20 PM
 #2152

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?

EVERYONE can try to predict market but not everyone is right that's why and how people can lose their fortune.
yes it is a fact that trading is unpredictable job in one moment you will seems to be a rich but in the other moment you will be a poor person but in bitcoins it will never happened with you because the prices are going high and high so if you are in the world of bitcoins you will always seems to be a rich.
That is HODLing and not the usual trading buddy. If you want to bank on the price going higher and higher and higher, then you are expecting a huge return after a long term.

Every trader tend to make use of the volatility to their advantage and unfortunately we cannot always predict right sometimes no matter the technical analytical skills. So there is always a possibility of losing what you have in trading, if you are not smart and do have the slightest idea how to trade effectively.


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October 09, 2017, 09:29:13 AM
 #2153

As gambling, trading is unpredictable the same as gambling . So i think in someway we called gambling as unpredictable games so we can called trading as unpredictable jobs as well. So with unpredictable things you should prepare for some loss and get over it. Don't be fear from it, overcome it and be stronger . Don't let it break you down.
Trading sis unpredictable up to certain extent but this does not make sense at all of comparing trading with gambling.

Gambling is purely luck dependent game, you never know about the next move of the opponent  whereas in trading you can very much predict the dumps and pumps of the respective coin based on its history in the crypto market. Trading is no where similar to gambling.


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October 09, 2017, 04:03:33 PM
 #2154

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?

And also the speed of thinking, the miscalculation for 10 moves forward, everything is like chess. In any work, you need to invest all your knowledge and strength, otherwise the return from this will be zero. Therefore, everything depends on you.

that is correct, everything depends on you and when you have some losing trades, there should be no one that you are going to blame because at the end of the day, it is you that will going to press that buy and sell button.

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October 10, 2017, 06:18:17 AM
 #2155

Yes Trading is unpredictable job it can also called gamble we may never know when we are going to earn or to loose.

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October 10, 2017, 11:04:21 AM
 #2156

Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you  can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that  trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.

Trading is not easy and we all know that the crypto market is all the time fluctuating so it is never easy to predict the future of the coin or at least the next move of the coin. It is little easy to predict long term future of coins but if you are involved in day trading; you will really face problem in doing trading with your coin. As you said, we should always be ready for losses in trading because it is a type of business.



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October 11, 2017, 06:55:45 AM
 #2157

I think trading is a job that can still be predicted easily for those who have expert in reading graphics on the market. I often see the news of someone who is successful on trading and I conclude if trading is still predictable the most important we have to do well and decide everything with the right time.
Expertise and experience can only help you minimize losses and not make you always predict right all the time. So many experts lose money every day but they don't sweat it cause it is always little compared to the amount they gain. What we can always do is minimize losses and even if our predictions are not right, we get out quickly and look for another good time to get in.

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October 11, 2017, 08:46:30 AM
 #2158

Trading is not just about predicting what will be the value of the coin, it consist a skill and its not an easy job to be a trader you need to have a constant learning and experience to be become a good and professional trader. It will take years for you to master the craft of trading so i think traders are not just guessing at all.

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October 11, 2017, 04:16:39 PM
 #2159

In my opinion trading cryptocurrencies for newbies is more risky than gambling. It is high risk market and a lot of people is using this. For example they are spreading fud just to shake coins from unexerienced users. They are buying cheap coins and then sell.. dump&pump&dump action. Now it is very popular.

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October 11, 2017, 09:58:23 PM
 #2160

In my opinion trading cryptocurrencies for newbies is more risky than gambling. It is high risk market and a lot of people is using this. For example they are spreading fud just to shake coins from unexerienced users. They are buying cheap coins and then sell.. dump&pump&dump action. Now it is very popular.
It was always done by some newbie main reason is just because they are new then they dont have any experience for what they gonna do so on this situation when they already knew what they gonna do now they are not doing the same scenario.

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