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Author Topic: Trading is unpredictable job.  (Read 235919 times)
Xenophoto
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September 19, 2016, 10:41:10 AM
 #281

Trading surely is an unpredictable job. You might be in a positive profit right now but the market could go down overnight. It could also go up overnight, as well, so always watch the market whenever you can. You don't want to miss the opportunity of selling your coins in a higher price. In addition, you have no control of the market in trading unless you're a whale and you can perform a pump and dump.

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September 19, 2016, 12:21:09 PM
 #282

If someone knew how it will move then we can all be millionaires it. That is why some people says it is like a gamble but with a little risk in it. I think they are almost the same. It just takes more time with trading for you will have to wait for the fluctuation. Some clues would be the volume of one altcoin. It says how strong it is gaining trust of rich people.
In general it is unpredictable job because only few of the total traders are successful, some of us are not getting our goal in trading so we resort to other forms of making money like directly investing our bitcoins and sometimes we also consider gambling because we are desperate of a good income and we want it fast.

Patience and discipline is the key to success in trading just be sure do have done your homework before on any alt coin you thinking to invest , or even you can speculate in order to learn a few things for free , gamble is not an option because you will end up broke !
man you just forget one the most important thing ever for trading that could be the most factor whether you're making profit or not at the certain time,it's luckiness,trading is actually depend on your luckiness + your analyze,and without luckiness you'll sure broke

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September 19, 2016, 01:35:08 PM
 #283

If someone knew how it will move then we can all be millionaires it. That is why some people says it is like a gamble but with a little risk in it. I think they are almost the same. It just takes more time with trading for you will have to wait for the fluctuation. Some clues would be the volume of one altcoin. It says how strong it is gaining trust of rich people.
In general it is unpredictable job because only few of the total traders are successful, some of us are not getting our goal in trading so we resort to other forms of making money like directly investing our bitcoins and sometimes we also consider gambling because we are desperate of a good income and we want it fast.

Patience and discipline is the key to success in trading just be sure do have done your homework before on any alt coin you thinking to invest , or even you can speculate in order to learn a few things for free , gamble is not an option because you will end up broke !
man you just forget one the most important thing ever for trading that could be the most factor whether you're making profit or not at the certain time,it's luckiness,trading is actually depend on your luckiness + your analyze,and without luckiness you'll sure broke

True, luck does need always almost in everything because if you dont have luck for sure you would still lose  even how knowledgable you are if luck would do in opposite way then its a sure lose. Trading  is  truly unpredictable since we  wont know  the  price movement.

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September 19, 2016, 02:35:18 PM
 #284

Trading is really unpredictable and that is because you will never know what the price of the bitcoin will do if it drops allot you will make such a bad trades if the coin rise ytou will be the happiest person in world.
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September 19, 2016, 02:53:48 PM
 #285

Better to think trading as a way/practice where money from one goes into pocket of other, where the newbie always loss and elite trader always grab all those newbies cash. But when whales are in play, almost all traders find it difficult to survive and may loss and whales get big chunk with manipulating market heavily. Trading is tough job and need much more experience than predicted.

 
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September 19, 2016, 04:03:24 PM
 #286

one reason why its no good for newbies to get into trading. like me, i've learned the hard way when it though its an easy job.
i even just wait for pumps to occur before investing lol


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September 19, 2016, 04:06:04 PM
 #287

I know some people live with trading,having quit their daily jobs.
Secret is think as a job or a forex.

Buy,profit,sell,get usd/eur. And so on.
As a job, you have to play market 8-10 hours a day.

Don't believe people who sai that you need patience in trading.
Completly wrong.
You have to play aggressive ,and buy and sell several times a day.

Have you evere seen wall street emplyers?
They run,scream,buy,sell,make 100 telephone a day.

That's how play market. Be hungry and quick.

If it's not a work for you(where you need monthly income to pay taxes or daily life), and it's an hobby, ok, buy,hold for 1 year and maybe you get 0.1 profit after 12 months.
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September 20, 2016, 01:59:30 AM
 #288

I know some people live with trading,having quit their daily jobs.
Secret is think as a job or a forex.

Buy,profit,sell,get usd/eur. And so on.
As a job, you have to play market 8-10 hours a day.

Don't believe people who sai that you need patience in trading.
Completly wrong.
You have to play aggressive ,and buy and sell several times a day.

Have you evere seen wall street emplyers?
They run,scream,buy,sell,make 100 telephone a day.

That's how play market. Be hungry and quick.

If it's not a work for you(where you need monthly income to pay taxes or daily life), and it's an hobby, ok, buy,hold for 1 year and maybe you get 0.1 profit after 12 months.
That is a way to do things and if it works for them, that is cool, but the strategy that you suggest cannot be implemented by everyone, besides those traders that you see making 100+ trades per day, why do you think they do that number of trades?  Because they get paid by transaction that is why.

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September 20, 2016, 07:18:10 AM
 #289

Trading is really one of the biggest unpredictable jobs because you will never know what the price will do with the bitcoin and you wont know what the future bring for th ebitcoin so it is really unpredictable.
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September 20, 2016, 07:44:33 AM
 #290

Trading is really one of the biggest unpredictable jobs because you will never know what the price will do with the bitcoin and you wont know what the future bring for th ebitcoin so it is really unpredictable.
I agree, but by the moment you are already good in predicting that would be the time are going to be rich because trading will be easy to you as anytime you can make money and even make a consistent money, if that happens to me, I will definitely quit my job then.
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September 20, 2016, 08:40:47 AM
 #291

one reason why its no good for newbies to get into trading. like me, i've learned the hard way when it though its an easy job.
i even just wait for pumps to occur before investing lol


yeah it's kind of gambling if we don't have any relevant knowledge, however i'm still learning i've joined with trading group and learned from the master, i might agree with you guys that trading is unpredictable job, when i get in to the trading for the first time people always told me just buy low and sell high, if trading only about buy low and sell high i prefer to gamble, first you have to make some research before invest on something, it's more about money, time, knowledge and of course luckiness.
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September 20, 2016, 11:15:51 AM
 #292

one reason why its no good for newbies to get into trading. like me, i've learned the hard way when it though its an easy job.
i even just wait for pumps to occur before investing lol


yeah it's kind of gambling if we don't have any relevant knowledge, however i'm still learning i've joined with trading group and learned from the master, i might agree with you guys that trading is unpredictable job, when i get in to the trading for the first time people always told me just buy low and sell high, if trading only about buy low and sell high i prefer to gamble, first you have to make some research before invest on something, it's more about money, time, knowledge and of course luckiness.

Yes, trading without knowledge is considered as gambling since you are risking  your money. Its better to trade with knowledge  compare on trading blindly or dont know at all. Basic thing is  buy low sell high but its not easy as it sounds when you are already on the actual situation.

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September 20, 2016, 11:36:29 AM
 #293

one reason why its no good for newbies to get into trading. like me, i've learned the hard way when it though its an easy job.
i even just wait for pumps to occur before investing lol


yeah it's kind of gambling if we don't have any relevant knowledge, however i'm still learning i've joined with trading group and learned from the master, i might agree with you guys that trading is unpredictable job, when i get in to the trading for the first time people always told me just buy low and sell high, if trading only about buy low and sell high i prefer to gamble, first you have to make some research before invest on something, it's more about money, time, knowledge and of course luckiness.

Yes, trading without knowledge is considered as gambling since you are risking  your money. Its better to trade with knowledge  compare on trading blindly or dont know at all. Basic thing is  buy low sell high but its not easy as it sounds when you are already on the actual situation.

Trading is truly unpredictable as quoted by most users. As mentioned in the above quote the loss is high similar to gambling, if done without knowledge. It can be overcome with small scale trading which minimises loss even if the price goes beyond or below what we expect.

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September 20, 2016, 12:23:18 PM
 #294

one reason why its no good for newbies to get into trading. like me, i've learned the hard way when it though its an easy job.
i even just wait for pumps to occur before investing lol


yeah it's kind of gambling if we don't have any relevant knowledge, however i'm still learning i've joined with trading group and learned from the master, i might agree with you guys that trading is unpredictable job, when i get in to the trading for the first time people always told me just buy low and sell high, if trading only about buy low and sell high i prefer to gamble, first you have to make some research before invest on something, it's more about money, time, knowledge and of course luckiness.

Yes, trading without knowledge is considered as gambling since you are risking  your money. Its better to trade with knowledge  compare on trading blindly or dont know at all. Basic thing is  buy low sell high but its not easy as it sounds when you are already on the actual situation.

Trading is truly unpredictable as quoted by most users. As mentioned in the above quote the loss is high similar to gambling, if done without knowledge. It can be overcome with small scale trading which minimises loss even if the price goes beyond or below what we expect.
Usually a serious trader would start a bigger amount in order to make good money, we can make money in a given day from the percentage of the total amount we use in trading but sometimes we also lose, while in gambling we lose even 500 times of our bets so they are similar and they are both unpredictable.

This is a hard job for those people who are afraid to take risk because it is more on the gut feel with some knowledge.

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September 20, 2016, 12:34:45 PM
 #295

Trading is really one of the biggest unpredictable jobs because you will never know what the price will do with the bitcoin and you wont know what the future bring for th ebitcoin so it is really unpredictable.
I agree, but by the moment you are already good in predicting that would be the time are going to be rich because trading will be easy to you as anytime you can make money and even make a consistent money, if that happens to me, I will definitely quit my job then.
i would like to learn that too mate but as OP said its really a unpredictable job for us newbie so better to keep on learning and study more.
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September 20, 2016, 01:34:06 PM
 #296

one reason why its no good for newbies to get into trading. like me, i've learned the hard way when it though its an easy job.
i even just wait for pumps to occur before investing lol



newbies can get into trading and trading is for everyone which want to learn trading but you should remember about the risk that you should face it if you can not make big profit like other people. still continue to learn and practicing trading can make you become a successful trader and you can make big profit.
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September 20, 2016, 01:34:48 PM
 #297

Of course you have to take risks to earn money, but if you are knowledgable about technical analysis and/or you have good instincts you should be fine.
When dealing with volatile altcoins, checking the prices very often helps limit losses or let's you exit at a sensible time.
You can place stop loss orders strategically to guarantee a profit as well.
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September 20, 2016, 02:34:23 PM
 #298

Trading is obviously very unpredictable in trading there is alot of stuff evolved like skill and luck and skill is predictable cause you know how good you are or how bad.
But luck isnt predictable so thats why trading is so unpredictable.
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September 20, 2016, 02:44:10 PM
 #299

True. in fact according to statistics 90% of traders loose money in their first months but that is because they don't play with rules.
it doesn't matter whether you do it with binary, pump and dump or simply on forex trading.  Trading strategy is a bonus but what you need is the control.

if you just trade during the obvious trend, then you can win almost hundred percent of your trading rate. so if you enter to trade position and you don't know why you are buying or selling at such price, you better get out. and not trade at all. but instead wait for the obvious pattern or pump and dump.

I'm doing this for penny stock trading but this principle also applies to crypto currency trading.
check here for beginners https://www.youtube.com/watch?v=HiY2OJZQLXc
Trading with the bitcoins is very difficult because you need to know waht the bitcoin will do rise or drop most of the time he will stay the same so if you take some percentage every time when you trade you will make nice profits.
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September 20, 2016, 03:12:47 PM
 #300

Trading is obviously very unpredictable in trading there is alot of stuff evolved like skill and luck and skill is predictable cause you know how good you are or how bad.
But luck isnt predictable so thats why trading is so unpredictable.

There are certainly different ways of trading, but those that can get up, have some fun and get that Adrenalin rush from it no doubt get the “Bull” points.
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