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Author Topic: Trading is unpredictable job.  (Read 235917 times)
audaciousbeing
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November 28, 2016, 09:57:35 AM
 #941

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
Not all trader can understand thats trading is long term investment, many of they is want to make they trading only in one day and get the profit in one day too, i agree with you trading is long term investment but not in all altcoin if you trading altcoin, its can take long term investment if you trading in stable altcoin

This is something even me I am still battling with. Coming into trading fresh, i just find it difficult to grasp, you get an hunch about a currency then you put money into it hoping to get reasonable return, but alas its just taking the downturn axis and you begin to wonder, how manage? and even get discourage about trying it on another currency because you don't know what the outcome will be.
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November 28, 2016, 01:16:53 PM
 #942

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
Not all trader can understand thats trading is long term investment, many of they is want to make they trading only in one day and get the profit in one day too, i agree with you trading is long term investment but not in all altcoin if you trading altcoin, its can take long term investment if you trading in stable altcoin

This is something even me I am still battling with. Coming into trading fresh, i just find it difficult to grasp, you get an hunch about a currency then you put money into it hoping to get reasonable return, but alas its just taking the downturn axis and you begin to wonder, how manage? and even get discourage about trying it on another currency because you don't know what the outcome will be.
That's part of the journey in trading and in your journey you have to face a lot of challenges along the way. Actually, if you will just believe in yourself you can be successful in trading, think that if others can do it then why can't you.

It's unpredictable but that the reality as that is it's nature and your job.

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November 28, 2016, 08:15:59 PM
Last edit: November 29, 2016, 04:22:49 PM by deisik
 #943

Trading is hard. Very hard. You could become rich quickly, as well of poor quickly.
But i know many people who live by daily trading on crypto.
But bitcoin trading is completely different from other type of trading. When a trader is ready to hold and wait for some long period the hardness of bitcoin trading is almost coming down to zero. So, bitcoin trading is not that much hard. If you are ready to wait you will become rich but not in quick

All hard assets are like that, precious metals in general and gold in particular being the most conspicuous in this respect. You can just buy and hold until the price turns profitable. Even in Forex, if you trade without leverage, it would be basically along the same lines. You can buy, say, Swiss franc and sit calm waiting till it appreciates against all other currencies including the US dollar. Though you would need millions to trade without leverage in Forex, since one standard lot equals 100,000 units of a traded currency...

You can trade mini and micro lots too, but that may not work out if you are going to buy, hold and pray

You have to think trading as a daily jobs, not just buy and hold.
Like real forex trader, they buy and sell hiundreds time every day.
You again went wrong. Why not we buy and hold bitcoins and what is the need to treat bitcoin trading as a daily job. We can do bitcoin trading as an investment and as a part-time job too. Buy -> hold and wait -> book definite profit, still it is a trading.

It is called day trading, and it is as addictive as gambling

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November 29, 2016, 07:26:43 AM
 #944

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.
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November 29, 2016, 08:18:27 AM
 #945

yes it is unpredictable and it is why it is fun...
Imagine a lottery where you know in advance the winning numbers...

if you like trading i propose you to trade here:

http://u2cloudmining.winspiral.net/comsell.php

what will be the comshare price in few months?
Why not trade...it's free.

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November 29, 2016, 10:45:31 AM
 #946

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.

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November 29, 2016, 06:15:30 PM
 #947

Learn from your loss and get ready for profit.
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November 29, 2016, 07:04:37 PM
 #948

Learn from your loss and get ready for profit.

What you are saying is not fully truth, in this forum if you follow altcoin/announcement section then you can find lot of new coins are coming in the market who gives bounty for small tasks and if you do that you can get free coins , so when this coins list in exchanges you can start doing trading and gain knowledge of trading , from this free coin even if you are in loss that wont affect you but you will be gaining the knowledge of trading not only for altcoin but also for bitcoin trading.

But the main key is always be patience in trading when you are trading in Bitcoin because in bitcoin we can expect the buying price and above also but dont take this rule in Altcoin trading as they are controlled by the Developer and the users who do trading in that coin
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November 29, 2016, 11:30:51 PM
 #949

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

Most people who are proudly calling themselves traders are not like that. They would be just waiting out the bad times till the price rebounds. and they are able sell at a profit. With Bitcoin, it usually works out just fine at the end of the day (unless you bought your bitcoins in late 2013 at over $1,000 per coin, of course), but with altcoins that might be and most likely is fatal, given that the total majority of these "coins" are outright scams...

Which all without exception eventually end up at 1 satoshi
But there are still people who like to play with alts and actually they are making money since they have a good skills to do the right timing. Therefore for overall, a trader's skills can be determine not only because of one asset but base on different assets like trading with alts and bitcoins.

It has different market so you will be tested if you can succeed or not.

I have a strong inclination to think that making money through scam coins has nothing to do with your trading skills as such. You either make money there simply because you belong to the group which is pushing that coin to the market (and which can be loosely called as "scammers") or just turn out to be exceptionally lucky to both get in just in time and get out just in time. So, there is no real reason to get yourself tested whether you can succeed in that market or not...

You can just play the Russian roulette instead

If one trader is exposed to lots of scamcoins or shitcoins, they are able to tell the movement of the coin.  This is what we know as experience.  With this they can be able to earn profit from the said coins even if they have no affiliation to those scam devs.  I don't believe its luck though.
It is not as easy though since technical analysis tends to breakdown and not being very useful if the market is very small, technical analysis can be used on bitcoin because there is a lot of volume and the same cannot be said for a new altcoin.

.
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November 30, 2016, 12:18:56 AM
 #950

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

Most people who are proudly calling themselves traders are not like that. They would be just waiting out the bad times till the price rebounds. and they are able sell at a profit. With Bitcoin, it usually works out just fine at the end of the day (unless you bought your bitcoins in late 2013 at over $1,000 per coin, of course), but with altcoins that might be and most likely is fatal, given that the total majority of these "coins" are outright scams...

Which all without exception eventually end up at 1 satoshi
But there are still people who like to play with alts and actually they are making money since they have a good skills to do the right timing. Therefore for overall, a trader's skills can be determine not only because of one asset but base on different assets like trading with alts and bitcoins.

It has different market so you will be tested if you can succeed or not.

I have a strong inclination to think that making money through scam coins has nothing to do with your trading skills as such. You either make money there simply because you belong to the group which is pushing that coin to the market (and which can be loosely called as "scammers") or just turn out to be exceptionally lucky to both get in just in time and get out just in time. So, there is no real reason to get yourself tested whether you can succeed in that market or not...

You can just play the Russian roulette instead

If one trader is exposed to lots of scamcoins or shitcoins, they are able to tell the movement of the coin.  This is what we know as experience.  With this they can be able to earn profit from the said coins even if they have no affiliation to those scam devs.  I don't believe its luck though.
technical analysis can be used on bitcoin because there is a lot of volume and the same cannot be said for a new altcoin.
The average shit coin was referring to short term use. It can't be predicting how the coin will start for walk away.
And technical analysis can't say anything  for that.

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November 30, 2016, 08:30:49 PM
 #951

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.
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November 30, 2016, 08:40:42 PM
 #952

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.

Patience is all you need when you are trading. Panicking is a newbie mistake. Ask yourself "why am i panicking?" The answer will be "it is because i trade more than i can afford to lose!"

You should understand that, you only lose money if you close your position with a loss. As long as you are able to wait, you lose nothing.

Imagine you have 50k$. You bought 25k$worth of btc from 700$. And the next day there were some terrible news and bitcoin went to 500$ and stood there for 2 years.

Will you be able to handle that?

If you answer yes, go for it and take the risk. Smiley

Even if you answer yes to that question, investing half of your wealth in a single investment is not smart.

.
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December 01, 2016, 12:00:08 AM
 #953

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.
It's true you should not start trading with a big amount you should start trading with small amount if you are newbie like me because you just need to master or pratice trading skills and when you got mastered it try to invest big amount of bitcoins to trade.

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December 01, 2016, 05:56:30 AM
 #954

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.
in certain situation trading is feel like gambling isn't it?
when you have collected a lot of info from a lot of sources and make a conclusion to predict the price.
but then the market so wild make your prediction totally wrong , that feeling make trading really unpredictable sometimes.
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December 01, 2016, 06:08:37 AM
 #955

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.

Patience is all you need when you are trading. Panicking is a newbie mistake. Ask yourself "why am i panicking?" The answer will be "it is because i trade more than i can afford to lose!"

You should understand that, you only lose money if you close your position with a loss. As long as you are able to wait, you lose nothing.

Imagine you have 50k$. You bought 25k$worth of btc from 700$. And the next day there were some terrible news and bitcoin went to 500$ and stood there for 2 years.

Will you be able to handle that?

If you answer yes, go for it and take the risk. Smiley

Even if you answer yes to that question, investing half of your wealth in a single investment is not smart.

Done the same mistake when I am starting and I guess that makes a lot of change to one who wants to be a trader. There is good in errors or panicking, a good lecture to avoid getting it wrong again rhe next time.

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December 01, 2016, 08:52:00 AM
 #956

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.

Patience is all you need when you are trading. Panicking is a newbie mistake. Ask yourself "why am i panicking?" The answer will be "it is because i trade more than i can afford to lose!"

You should understand that, you only lose money if you close your position with a loss. As long as you are able to wait, you lose nothing.

Imagine you have 50k$. You bought 25k$worth of btc from 700$. And the next day there were some terrible news and bitcoin went to 500$ and stood there for 2 years.

Will you be able to handle that?

If you answer yes, go for it and take the risk. Smiley

Even if you answer yes to that question, investing half of your wealth in a single investment is not smart.

..Stake.com..   ▄████████████████████████████████████▄
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December 01, 2016, 10:55:22 PM
 #957

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.
in certain situation trading is feel like gambling isn't it?
when you have collected a lot of info from a lot of sources and make a conclusion to predict the price.
but then the market so wild make your prediction totally wrong , that feeling make trading really unpredictable sometimes.
Not even the best traders get all theirs call right, so they can lose money too with some trades but as long as a majority of your trades gives you profits you can make yourself a successful trader.

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December 02, 2016, 07:12:52 AM
 #958

Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run.
Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves.

yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself.
Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading.
in certain situation trading is feel like gambling isn't it?
when you have collected a lot of info from a lot of sources and make a conclusion to predict the price.
but then the market so wild make your prediction totally wrong , that feeling make trading really unpredictable sometimes.
Not even the best traders get all theirs call right, so they can lose money too with some trades but as long as a majority of your trades gives you profits you can make yourself a successful trader.

Strictly speaking, most of your trades should not necessarily be profitable. You can make a long streak of losing trades and overtake them all with a few trades and get decent profits in the end. It usually happens when the price goes down, you buy and then quickly sell cutting your losses short and repeat the cycle until the price finally reverts. And at the end of the day you make one last trade which not only covers your losses but also gives you handsome profits...

It is the end result that matters, not a number of winning or losing trades

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December 02, 2016, 01:24:07 PM
 #959

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?


I think trading is unpredictable for those who doesn't have proper knowledge about trading or those who are new on trading.I think people who have the actual skills of trading, who have proper knowledge about market they could certainly predict.
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December 02, 2016, 03:10:53 PM
 #960

in certain situation trading is feel like gambling isn't it?
That must be certainly true, because many times whenever my predictions were going against me, I just feel what were the differences with my trading from gambling. The unpredictable nature of trading is the factor which pushes us to feel like that.

when you have collected a lot of info from a lot of sources and make a conclusion to predict the price.
but then the market so wild make your prediction totally wrong , that feeling make trading really unpredictable sometimes.
Yes after long hours of analysis, we just need to conclude up or down which is very much similar to above or below in dice gambling. Nature of unpredictable matters and it remains always.

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