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Author Topic: Trading is unpredictable job.  (Read 235917 times)
virtualkeybuyer
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August 02, 2016, 08:09:45 PM
 #21

If you have some extra money and have patience for the good time and have good knowledge about the trading trick and about the assets with which you want to start trading then I think there will be no any difficulty happen to you.
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August 02, 2016, 10:43:31 PM
 #22

With altcoin or bitcoin trading, the good thing is that you don't need a lot of capital to start with, and the fees are pretty damn small.  You also have a good number of exchanges to pick from.

You always have to have a handle on your emotions when you're trading anything,  and I think it's especially hard in the crypto world.  Prices of altcoins can bounce so much that you can lose your lunch while you're waiting to make a profit.  It's definitely high risk.  I wouldn't be brave enough to try it for long.

Well you don't need a strong capital 99% of the time.
That's the principal advantage of leverage trading.

This sorta falls under 2 scenarios - either you gained it through other means (lawsuit,etc, handed down money)

Or you are begging around people for others "crowd funding" scenario looking for investors which a hedgefund does with the 1%.
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August 03, 2016, 03:52:19 AM
 #23

Unpredictable in fact, just the experience shows.
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August 03, 2016, 03:57:34 AM
 #24

Unpredictable in fact, just the experience shows.
You should show more details about your statement don't just short sentences. Share your opinions about way of trading with us at here.
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August 03, 2016, 04:32:36 AM
 #25

too many people lose their money on trading because they are trading using their emotions not their brain and logic and obviously this is not something you can get into based on your emotions and wishing the price to go up doesn't push it up and make your rich.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 03, 2016, 06:14:23 AM
 #26

the trading is unpredictable in fact,the experience is very important.
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August 03, 2016, 06:58:47 AM
 #27

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 agree, trading is a hard and risky job which will require a lot of time to be spent for learning and then for earning money and trying not to lose anything.
in my opinion what you need the most for being successful in trading is knowledge. and this knowledge can be gained through learning different kinds of analysis and learning about things that affect the price in the market. then you can get to a level that you will be able to speculate better and then in the end of all this you will need some luck at your side to be always successful.

Only Bitcoin
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August 03, 2016, 04:17:05 PM
 #28

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 again you forget about this, you need patience on yourself, it's will useless if you don't have patience n yourself because patience has become important factor in trading.

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August 03, 2016, 04:37:10 PM
 #29

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 again you forget about this, you need patience on yourself, it's will useless if you don't have patience n yourself because patience has become important factor in trading.
Yeah this is one of the part of trading is to be patience if you choose a legit altcoin but the movement of the price is slow you should way for a long time and you should have an invest a high amount so that you are making a lots of profit of the price of that coins is high,.
entrepmind23
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August 03, 2016, 06:35:50 PM
 #30

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?


You need this three in trading for sure. You need the method to know what will be your position in the market,when to enter a trade and when to get out of a trade. You need money as capital and be sure to know how much to trade so that when you lose in a trade, you still have enough to make a position and have a chance to gain back what you lose. The mind is needed and be sure that you remain firm in your decision that when you make a trade, you already set a price to take profit and the price of how much you can afford to lose. But the important thing in trading is experience because along the way you can learn so many things that you can use in your future trades. As what they say,experience is the best teacher.

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August 03, 2016, 06:39:28 PM
 #31

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 again you forget about this, you need patience on yourself, it's will useless if you don't have patience n yourself because patience has become important factor in trading.
Yeah this is one of the part of trading is to be patience if you choose a legit altcoin but the movement of the price is slow you should way for a long time and you should have an invest a high amount so that you are making a lots of profit of the price of that coins is high,.
The patience include in category mind and mind is part of psychology trading, for me trading is serious business not just game. So everything has be calculated, please show your another opinions. Thank you very much
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August 03, 2016, 06:59:04 PM
 #32

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 considered as an easy hobby or job and most of people says that what you have to do is buying low and selling high but in practice things does not go so easy, it gets more and more difficult, you should be patient, join trading groups(if any) and reading the news.
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August 03, 2016, 07:03:50 PM
 #33

Of course it is.

If it were predictable, then nobody would lose any money. Trading is like betting actually. Unlike gambling, you make your trades for a reason. (if you don't, then it is gambling) But remember this, just like you, on the other side of the bet, there are also people who bet against you. And again just like you they make their trades because they think it is a sensible thing to do. That's why when someone wins money, someone should lose money.

And who wins everytime without losing anything? Banks, Exchanges, House, whatever your call it Smiley They are the smartest ones.

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August 03, 2016, 09:27:22 PM
 #34

I think it is unpredictable job for those who do not have knowledge about trading and for those who invest in an asset without having any good knowledge about that asset, while those who have knowledge about trade and are expert in trade and invest only in those assets about which they have complete knowledge , trading is an easily job.
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August 03, 2016, 09:30:06 PM
 #35

Very unpredictable, but the practice can help you to prevent mistakes.
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August 04, 2016, 11:52:46 AM
 #36

Very unpredictable, but the practice can help you to prevent mistakes.
paradoxically you must learn to lose, and then to win
trading is 99% of psychology of traders
Throw away paradox
https://en.wikipedia.org/wiki/Throw_away_paradox
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August 04, 2016, 12:41:00 PM
 #37

Very unpredictable, but the practice can help you to prevent mistakes.
Sometimes random and unforeseen circumstances won't let you predict correctly change of momentum of any asset crypto, shares, whatever.
I am talking about events like recent Bitfinex hack, which was followed by rather significant bitcoin price drop. I lose some money because of that Sad
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August 04, 2016, 01:00:49 PM
 #38

Trading could be a Job, but always need to be professional. Biggest risk is that after some profit, traders doesn't consider the risk involved in any trades and lose all.

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August 04, 2016, 09:30:22 PM
 #39

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 the first option which you need to follow is that you have to manage your money and risk, and the second thing which is important is that you have to control on your emotions with that two you will be able to earn a bigger amount of money within a smallest time period.

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August 04, 2016, 10:12:57 PM
 #40

In actually , trading is very interesting job , but some people lose their money in trading because they are impatient , they want to achieve huge profit in short time , and that is very hard , unless they were lucky to buy one of the volatile coins , these coins might increase up to 100% in a day , and in the following day it  turns back to the original price .

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