Trading is unpredictable job.

[Supercrypt]

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?

Well 2 out of 3 things you count involves in algotrading in bots. If you have one of them working for you that means you can't involve emotion to it unless you manually sell something. You have a method, a strategy to trade, thanks to bot the first thing you mentioned was method thats done.

The only thing left is management and money , now you need money to trade thats a given but the management is done with bot as well , you can see your previous trades and how much you made/lost too.

[BAGOBO]

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

[ultrloa]

The most important things in trading is the emotion, read the chart and analyze slowly, in trading you must have a good patience and then method of trading is the second most important things, able to read chart and able to predict is the most powerful skill for trading and as for money for me is not too important,you can loan or earn it by trading little by little

If you can' fight that and just listen to those trolls or be afraid for little downwards well you cannot really call yourself a trader aswell as you cannot earn big money for this since you can be manipulated by others who is telling some false info, but if we believe that coin has potential and study tge volume,charts flow and the price barricade well we can determine if the coin will be pumping or dumping and if we really learn the trade wars in exchangers well we can accumulate more money as we can.

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

You cant really predict but you can avoid some losses if you follow those coin for little while.

[chaser15]

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?

Method ( i must have system trading) - No. Learn all the factors that rotating around the given price range. Hear other thoughts and eventually you will come up with a good one

Money ( i must have management of money and risk) - Yes you need money.

Mind ( i must can control my emotion) - Hmm isn't is controllable in the first place?

More importantly, don't take things rush. Just do regular trades and in the near future you can automatically think of what will be the best thing to do. Just make sure there are things you are learning while doing trades.

[Herbert2020]

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

if you can predict then it is not a gamble. a gamble is what you can never predict. besides in gambling you lose all or win some but in trading you lose some if you stop your losses and win some based on when you exit.
and i agree that altcoin trading is riskier than bitcoin but there is more reward in this risky business.

[chaser15]

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

if you can predict then it is not a gamble. a gamble is what you can never predict. besides in gambling you lose all or win some but in trading you lose some if you stop your losses and win some based on when you exit.
and i agree that altcoin trading is riskier than bitcoin but there is more reward in this risky business.

That's why trading even with lots of risk, really worth to try. No such big traders today that existing if the rewards earned in bitcoin trading is just a piece of candy.

Trading experience is the key. Even you have skills if you are don't do trades in actual then that is useless.

[eternalgloom]

It can be unpredictable in the short term, but if you're a good trader you can certainly make projections of profit over a longer period.
Managing your funds and not putting all your investments in one place is key.

[Frank Alister]

Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

[Red-Apple]

Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

it depends on what you are trading and when you enter too.
for example long term investment in bitcoin, yes it is most profitable especially at this point when bitcoin is rising over time.

but in some altcoins it is not recommended at all. for example eth may rise in the future (long term) but also there is a huge chance that it fails and because of the two chains dies in the long term.

[agustina2]

Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

it depends on what you are trading and when you enter too.
for example long term investment in bitcoin, yes it is most profitable especially at this point when bitcoin is rising over time.

but in some altcoins it is not recommended at all. for example eth may rise in the future (long term) but also there is a huge chance that it fails and because of the two chains dies in the long term.

As a bottom line, bitcoin investment is really meant for long term investment. With the established name of this coin, it will really take you for a success one in the future.

Unlike in altcoin, where obviously just for short term profit.

[Red-Apple]

Long term trades are not so un-predictable. Ofc day trading is dangerous as hell, but working on six month cycles or even 1 year ones can do magic. ROI might be something like 300% annually or more if you can react to shortages and big pumps.

it depends on what you are trading and when you enter too.
for example long term investment in bitcoin, yes it is most profitable especially at this point when bitcoin is rising over time.

but in some altcoins it is not recommended at all. for example eth may rise in the future (long term) but also there is a huge chance that it fails and because of the two chains dies in the long term.

As a bottom line, bitcoin investment is really meant for long term investment. With the established name of this coin, it will really take you for a success one in the future.

Unlike in altcoin, where obviously just for short term profit.

that is true but technically anything that is good for long term investment can be traded in short term as in day trading too. in my comment i didn't mean to say for bitcoin the long term investment is the only option but instead i meant to say it is not possible in most of the altcoins.

[plpbtc1526]

Its a risky business because of ups and downs of trading. For example, altcoin trading. Long trading of altcoin is very risky because some altcoins are no value or low value. Better do short trading for sure earning. When the value of altcoins rises even in a small amount, sell it. You dont know when value of altcoins you buy will rises again.

[densuj]

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?

Method ( i must have system trading) - No. Learn all the factors that rotating around the given price range. Hear other thoughts and eventually you will come up with a good one

Money ( i must have management of money and risk) - Yes you need money.

Mind ( i must can control my emotion) - Hmm isn't is controllable in the first place?

More importantly, don't take things rush. Just do regular trades and in the near future you can automatically think of what will be the best thing to do. Just make sure there are things you are learning while doing trades.

How is long you trading? You said you don't agree about system trading, do you know what is mean? I am doubt you understand about it. But it is ok you must show more details about your strategy on trading.

[shinratensei_]

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?

Method ( i must have system trading) - No. Learn all the factors that rotating around the given price range. Hear other thoughts and eventually you will come up with a good one

Money ( i must have management of money and risk) - Yes you need money.

Mind ( i must can control my emotion) - Hmm isn't is controllable in the first place?

More importantly, don't take things rush. Just do regular trades and in the near future you can automatically think of what will be the best thing to do. Just make sure there are things you are learning while doing trades.

How is long you trading? You said you don't agree about system trading, do you know what is mean? I am doubt you understand about it. But it is ok you must show more details about your strategy on trading.

But I don't think he does not agree with the trading system , he answers is ambiguity because he said not and the supported sentences are said learning, in my minds learning, has become part of the method in trading.

[xJuturna]

For all the guys saying trading is unpredictable, to an extent you are right. Wouldn't you say that with the right tools you can work the odds in your favor though? Trading is a much better alternative to straight up gambling(Casino). In a way it's similar to Sportsbetting. The tools are out there in order for you to get as much information as possible until you as the trader / sport better feel confident in your picks. Yes, it is "unpredictable" but with the correct research you put the odds in your favor rather than just flipping a coin or rolling some dice and hoping the odds are in your favor. I wouldn't put trading in the same boat as this sort thing seeing as you have the ability to work the system if you know what you're doing, and there are so many ways to do just that.

[Barbut]

Method, money and mind can be replaced with good information. We can try what ever we wish, to concentrate and think but if we don't have right informations we will lose money, like I usually do.
I agree that trading require analytic mind, mind that can process informations from different sides, and informations that are not connected at first sight. The one who can connect dots can make money in trading. I didn't have luck, I didn't have enough patience to wait things to develop and only then to act.

[Digitalbitcoin]

For all the guys saying trading is unpredictable, to an extent you are right. Wouldn't you say that with the right tools you can work the odds in your favor though? Trading is a much better alternative to straight up gambling(Casino). In a way it's similar to Sportsbetting. The tools are out there in order for you to get as much information as possible until you as the trader / sport better feel confident in your picks. Yes, it is "unpredictable" but with the correct research you put the odds in your favor rather than just flipping a coin or rolling some dice and hoping the odds are in your favor. I wouldn't put trading in the same boat as this sort thing seeing as you have the ability to work the system if you know what you're doing, and there are so many ways to do just that.

I appreciate, Nice post.

But I personally think that I agree Trading is unpredictable job, but I also agree with predictions can be define. While doing trading in any market, trader much have to consider or understand what is going on there. Have ability to understand chart, buy/sell rate, buy/sell order, orederbook, difference etc. generally. These thing really a great guide for everyone who is connected with market. And as many thing affects on market, so it shows volatility.

Trader job is just get in at right time and get out of right time. Greedness takes to loss.

[MFahad]

Trading just like gamble but we can predict the result rather easier than gambling ( when you actively spend on forum and news )
Just make sure that you're have trust that altcoin or you will got scam ( altcoin are more risky than bitcoin )

I do not think trading is like gambling. In Gambling you have nothing to think and its pure luck. While trading alt coin is a game of investors and experienced people who has good finical experience can always Gain profit from trading.

Experience Count in Trading but not in Gambling.

[dihari]

Trading is a job with skill required.
People have to fill their knowledge about the market before they start looking for profit.

[sempak]

Trading is a job with skill required.
People have to fill their knowledge about the market before they start looking for profit.

yes we need to know in advance the market before really play trading. plays trading needs extensive knowledge and skills. however, the most important point of trading is appropriate and careful when buying and selling coin that we have. it's simple.