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Author Topic: Trading is unpredictable job.  (Read 235917 times)
Ziskinberg
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February 07, 2018, 06:22:47 AM
 #2901

Above all the points made, you must have vision and dream big!  If you do not dream big you may be discouraged along the way and give in altogether  on cryptocurrency trading and investing.  If you are going to make the kind of money that can change your life forever,  you must be able to stay the course and dream big!
We really have to dream big because crypto is big.
The future is great for the entire cryptocurrency, not just like bitcoin, we might be seeing some price drop which would
affect some investors but in the long run it will recover and will continue to be successful.

I am personally investing for long term and I also master myself in trading as I believe I can maximize my income if I can do it.

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Xising
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February 07, 2018, 12:11:57 PM
 #2902

Doing research and observing market price movement before trading lessens its unpredictability. At times, even though we’ve given much effort; we still end up with huge losses. Others with hearts of steel make risky moves with successful turnouts; hence, some luck is also involved. What I'm saying is that trading is unpredictable, but not completely.
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February 07, 2018, 12:31:51 PM
 #2903

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,i agree you.many people not earn money on trading,The transaction needs to be done in which all the people of our country can change their daily working conditions. And for that we have to take better measures. We have good knowledge about the trade.
jinx029
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February 07, 2018, 12:45:40 PM
 #2904

Trading on its own is a very risky business and you need to have a calm and collective mind, be confident in your trading picks and also have enough money to live on and only trade what you are ready to lose so that you and your family are not suffering. So once you sort your daily living out, then put aside the capital you feel comfortable to trade with and start your trading career, whether be it full time or part time.
MiiDoViic
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February 07, 2018, 01:13:20 PM
 #2905

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 could  be the same as  gambling if you don't know what the hell are you doing and just throwing your money on coins that you have no clue about.
However ,for people who are not lazy and are actually eager to make real money.They willdo their research about almost most of the coins in the market .
They will analyze their pros and cons and try to selected only the best ones when it comes to the aspect of the idea of the project , the team ,seecurity and the long term objective. Also, analyzing and reading charts . Yes in the crypto market it's hard to do so considering the volatility of the prices ,but still that dosn't mean you can never be right about your analysis .Some times you could spot a certain pattern that is repeated in a coin or a certain resistance or support base that could save you and make a breaking point for your trades.
Maslate
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February 08, 2018, 04:49:44 AM
 #2906

Trading on its own is a very risky business and you need to have a calm and collective mind, be confident in your trading picks and also have enough money to live on and only trade what you are ready to lose so that you and your family are not suffering. So once you sort your daily living out, then put aside the capital you feel comfortable to trade with and start your trading career, whether be it full time or part time.
Part time trading does not give you a good profit, you have to choose and sacrifice what you do to be focus on trading.
If you have a job where you are paid an amount that you are not satisfied then maybe you should consider going full time trading but it should
not be an abrupt decision, know your skills first and you can start your journey slowly until you develop your own skills.

R


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February 09, 2018, 03:51:10 PM
 #2907

Doing research and observing market price movement before trading lessens its unpredictability. At times, even though we’ve given much effort; we still end up with huge losses. Others with hearts of steel make risky moves with successful turnouts; hence, some luck is also involved. What I'm saying is that trading is unpredictable, but not completely.
Trading is really not easy for anyone, it requires lots of factor such as mind, method, money, knowledge and the like. Also, you need be more careful and patient to trade for long term. Because we all know that when you take a trade, you need time to do build your experience as well as skill, in fact both of those is not easy to build for short time. In addition, you need to learn, read a lot and regularly to know the market fluctuation and then you analyze it easily. However, it depends on everyone thought, some thinks trading is easy to join in but some doesn’t. In anyway, trading is really difficult for us to predict.
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February 12, 2018, 07:42:12 PM
 #2908

I wouldnt use terms like predictable and unpredictable. You will never be able to predict what the price will do. Too many factors to be taken into account. I'd say it's a game of probability/statistics.
I myself started with technical analysis, reading charts etc. One of my mentors, Adam Khoo, believes that what separates consistently profitable traders from those that are struggling in the financial markets is consistent profits in trading; trading system, position sizing and psychology. Where psychology, ie. get a grip on your emotions and understanding the market emotions, make up 60% of being succesful. I think that's an interesting theory to say the least.

I recommend watching What It Takes to Be a Profitable Trader on Youtube https://youtu.be/jwS9yKUpIAo
it gives an excellent starting point for improving your trading abilities.

Sure helped me a lot!
Glydel1999
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February 12, 2018, 08:20:30 PM
 #2909

Yes, the value of bitcoin is unpredictable therefore in trading you should consider all factors that may happen to obtain a wonderful result.
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February 13, 2018, 02:19:52 AM
 #2910

Yes trading is very unpredictable but so is investing and just bitcoin in general. Bitcoin is very unpredictable with the price, anything can happen.
So there's risks in anything you do and you have to take them, if you are skillful then skill should outweight the luck and you should see more positive outcome then usually.
rxthree
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February 13, 2018, 03:13:46 AM
 #2911

Nobody can ever predict if trading does is beautiful or not . Since trading you can win or lose because no certainty whether or not you earn . In trading just because correct timing and need to be alert to trading for earnings . Focus also needed to monitor the coins especially the short trade. So no one can predict to it how trading goes.
letecia012
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February 13, 2018, 03:37:55 AM
 #2912

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?

Market trading is unpredictable specially if you only buying with out studying the coins you bought. there are some useful trading signals that may help you overcome the unpredictability of market this are what you need to master to lower the risk of losing your money
Rashid555
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February 13, 2018, 04:56:26 AM
 #2913

Trading is unpredictable job it is true and it is the fact that the trader get huge losses with in seconds so when the market show a rapid change then the traders are not able to control the market once the currency demand high then the public and the traders are interested in that coin i am keenly interested in litecoin in the current time because it is the growing currency.

btcmmo9314
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February 13, 2018, 05:34:18 AM
 #2914

It is not just unpredictable but it's also very tough job. Prediction comes with time and experience but only in certain ratio. It is predictable but really low amount of persons can predict almost everything what they imaginate so they earn huge money. Trading is such an unpredictable job and having uncertain earning which could be harmful for those who don't have fixed salary monthly,even though trading could be very profitable in case if you can manage to earn profit.
freedomgo
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February 13, 2018, 09:17:01 AM
 #2915

Trading is unpredictable job it is true and it is the fact that the trader get huge losses with in seconds so when the market show a rapid change then the traders are not able to control the market once the currency demand high then the public and the traders are interested in that coin i am keenly interested in litecoin in the current time because it is the growing currency.
That is the nature of trading, we are predicting the price movement and if we are right we make money.
However, it's easier said than done because no one can be perfect in trading, it's a long journey that we have to take
and there is more obstacles ahead but if we continue to develop our skills, we will surely have the success.

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February 13, 2018, 09:29:09 AM
 #2916

I believe trading is predictable just like success! You only need to follow the examples of those that are successful in trading. I recognize the fact that there are circumstances that you may not be able to control in the market but with good planning and method one should be able to weather any market condition.

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February 13, 2018, 09:30:49 AM
 #2917

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?

Indeed, that is why trading can be also considered as gambling. Trading is a not totally unpredictable job because there are still ways to predict it but it is not that accurate. There is also several speculations had happen but it is very rare. We can speculate by just watching the motion of the graph however, it is very tough job. That is the reason why trading is unpredictable yet, difficult job.

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February 13, 2018, 09:44:12 AM
 #2918

Of course it's unpredictable, but... what on this earth is really predictable?
You can lose your job, you can become sick, you can have an accident...
So, take some precautional measure and don't be afraid: life is short.
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February 13, 2018, 09:48:52 AM
 #2919

Yes, it's unpredictable and it can be very risky, but it's the only job where there is the hope to earn big money.
If you stay in your 9 to 5 job, you are stuck for life.
desi92
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February 14, 2018, 01:30:19 AM
 #2920

yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

I know why people prefer to do trading rather than other job although this job is unpredictable.
The reason is because people can manage the time to do trading without anybody force us. And another thing is the income of trading is quite high.
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