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Author Topic: Trading is unpredictable job.  (Read 235962 times)
sana54210
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September 25, 2016, 07:40:22 PM
 #361

I am not sure about the points mentioned as even experts can end up losing in trading as there are barely any signals that can predict the right amount in any month unlike forex where the indicators are right most of the time.

The best thing I have learnt as a trader is too keep my investment low and avoid dealing with fiat (I mainly trade with the profit earned every week).
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September 25, 2016, 09:13:29 PM
 #362

It is unpredictable and I would never advice someone to do it full time. Trading comes with a lot of risk. Too much if you ask me. Therefore I would advice to trade what you can afford to lose and having side job too, just in case all trading assets are going down.
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September 25, 2016, 09:32:19 PM
 #363

It is unpredictable and I would never advice someone to do it full time. Trading comes with a lot of risk. Too much if you ask me. Therefore I would advice to trade what you can afford to lose and having side job too, just in case all trading assets are going down.

There are a few people in my area and they are doing trade full time and I have noticed that they are making a huge amount of money with that trade and I never heard that they have lost money in there. So I think expert traders can go full time for trade.

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September 26, 2016, 05:21:27 AM
 #364

It is unpredictable and I would never advice someone to do it full time. Trading comes with a lot of risk. Too much if you ask me. Therefore I would advice to trade what you can afford to lose and having side job too, just in case all trading assets are going down.

There are a few people in my area and they are doing trade full time and I have noticed that they are making a huge amount of money with that trade and I never heard that they have lost money in there. So I think expert traders can go full time for trade.

If they are earning a huge amount then maybe they are whales that can control the flow of some altcoin. That would need a lot of capital or just like what they did a group that will make all they capital in one. Sure they would affect alts a lot.

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September 26, 2016, 05:41:25 AM
 #365

It is unpredictable and I would never advice someone to do it full time. Trading comes with a lot of risk. Too much if you ask me. Therefore I would advice to trade what you can afford to lose and having side job too, just in case all trading assets are going down.

There are a few people in my area and they are doing trade full time and I have noticed that they are making a huge amount of money with that trade and I never heard that they have lost money in there. So I think expert traders can go full time for trade.
Yes there are many people who benefit from trade, but we also can not rely on trade to work full time. Because the income earned is uncertain and it is not good to use as a primary income. I am sure the professional trade definitely has a definite work in addition to income from trading.
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September 26, 2016, 11:08:08 AM
 #366

It is unpredictable and I would never advice someone to do it full time. Trading comes with a lot of risk. Too much if you ask me. Therefore I would advice to trade what you can afford to lose and having side job too, just in case all trading assets are going down.

There are a few people in my area and they are doing trade full time and I have noticed that they are making a huge amount of money with that trade and I never heard that they have lost money in there. So I think expert traders can go full time for trade.
Yes there are many people who benefit from trade, but we also can not rely on trade to work full time. Because the income earned is uncertain and it is not good to use as a primary income. I am sure the professional trade definitely has a definite work in addition to income from trading.
I agree with you since we cant really fully rely on  trading  earning because we wont  know when  the prices  would  move in able to make  us profits and also  we couldnt assure if we could win or lose a certain trade thats why its  risky to rely on it  on daily basis.  Trading is  really an  unpredictable job because  of  price movements.

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September 26, 2016, 11:22:16 AM
 #367

Trading bitcoins is really unpredictable off course because you wont know waht the price will do to the bitcoin you know allot of people are trading and makeing profit just with the right information.

You have to be able to analyze the market to get that "right information" once you know how to analyze you should use that to your advantage.
Trading stays unpredictable though but you can make it alot less worse then it is.
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September 26, 2016, 11:56:25 AM
 #368

Ofcourse trading is a very unpredictable job. In this job so much luck is involved next to skill aswell and the ceiling the enter the trading world is quite high too.
But if you get good you will see good results aswell and nice profit.
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September 26, 2016, 02:17:37 PM
 #369

I think that trading should be considered a hobby, and not a job. I also think that the only method that there is to trading is to buy low and sell high and have some amount of money to start with(any amount of money will do).
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September 26, 2016, 02:46:17 PM
 #370

I think that trading should be considered a hobby, and not a job. I also think that the only method that there is to trading is to buy low and sell high and have some amount of money to start with(any amount of money will do).

Oh yes you aee right. We forget that at first the only reason in doing it is just for fun and take out the boringness of just waiting for bitcoin to rise. We got serious with trading and it goes far that it is almost gambling.
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September 26, 2016, 03:39:30 PM
 #371

If you are trading you should trading as a business any outside this don't work. Don't trading more than ten percent of you capital and since is business don't expect to make profit all time. Keep you eye on your emotion.


10% is what I consider to be quite a low amount for trading purposes. I personally have like 50% of my total wealth in Bitcoin, from which I use 25% for trading purposes, and the other 25% is meant for holding only. Every percentage of profit that I can make per month is more than welcome as I mainly focus on how much I have made after exactly a year period.
Unless you are very wealthy already, investing only 10% is a very low amount, in fact, is my opinion that most of your money should be invested at all times (not necessarily all in trading), so it’s not there collecting dust and instead earning you more money

Everyone have their own risk level. For him, it is enough to risk 10% of his capital for trading. And if you are investing, you should not put all your money on a single investment. You should not put all your money to trading too. You should have some saved just for back up or emergencies. And the other amount for investments like trading and stocks.
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September 26, 2016, 03:45:14 PM
 #372

If you are trading you should trading as a business any outside this don't work. Don't trading more than ten percent of you capital and since is business don't expect to make profit all time. Keep you eye on your emotion.


10% is what I consider to be quite a low amount for trading purposes. I personally have like 50% of my total wealth in Bitcoin, from which I use 25% for trading purposes, and the other 25% is meant for holding only. Every percentage of profit that I can make per month is more than welcome as I mainly focus on how much I have made after exactly a year period.
Unless you are very wealthy already, investing only 10% is a very low amount, in fact, is my opinion that most of your money should be invested at all times (not necessarily all in trading), so it’s not there collecting dust and instead earning you more money

Everyone have their own risk level. For him, it is enough to risk 10% of his capital for trading. And if you are investing, you should not put all your money on a single investment. You should not put all your money to trading too. You should have some saved just for back up or emergencies. And the other amount for investments like trading and stocks.
Yeah investing on trading is not 100% sure that you can make a good profit.. be sure that you always save your bitcoins and some of them for trading.
Before you can invest more in trading be sure that you know how to trade and you discover some strategy that you can make a good profit.
Don't put all your money in trading means you are in safe.. just play your investment for trading until you reach your goal..

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kanazawa
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September 26, 2016, 03:54:10 PM
 #373

Trade can bring you lotta profit. But it's not so easy as it seems. I earn ~10% per trasaction, but you have to do a good and wide math becausr you have to know many places to buy and sell and many fees from exchanges and banks. So trade is not bad, it is hard, that's all, but what isn't?


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September 26, 2016, 04:15:16 PM
 #374

Trading is very unpredictable. Sometimes you think you have a trade in the pocket but then prices start being nonsense again.
Trading requires as much luck as skill I don't care what anybody says this is very true you can be super skilled but still unlucky as hell.
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September 26, 2016, 04:47:19 PM
 #375

If you are trading you should trading as a business any outside this don't work. Don't trading more than ten percent of you capital and since is business don't expect to make profit all time. Keep you eye on your emotion.


10% is what I consider to be quite a low amount for trading purposes. I personally have like 50% of my total wealth in Bitcoin, from which I use 25% for trading purposes, and the other 25% is meant for holding only. Every percentage of profit that I can make per month is more than welcome as I mainly focus on how much I have made after exactly a year period.
Unless you are very wealthy already, investing only 10% is a very low amount, in fact, is my opinion that most of your money should be invested at all times (not necessarily all in trading), so it’s not there collecting dust and instead earning you more money

Everyone have their own risk level. For him, it is enough to risk 10% of his capital for trading. And if you are investing, you should not put all your money on a single investment. You should not put all your money to trading too. You should have some saved just for back up or emergencies. And the other amount for investments like trading and stocks.
The amount you invest has nothing to do with risk factor of the investments themselves. You don’t need to invest in the wackiest HYIP; you can invest most of your money in the investments with the less risk available.
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September 27, 2016, 09:47:24 AM
 #376

Even if you have great self control trading will make you forget it. I am talking from personal experience here, I remember very well when I was trading and I couldn't even sleep at night. At 2 am in the morning I used to woke up and to check my positions in trading. That's how obsessed with trading I was and that lead me to losing everything. Now its been about 3 years I have fully recovered from this disease as that's what I will call it, a big disease. I want to tell anyone to stop trading as you will never come on top of that no matter how skillful you are. Ask yourself a simple question , if trading was so profitable for the traders would there be so many trading houses and websites out there ? I don't think so. Trading truly is unpredictable.
Trading is really unpredictable because you will never know what the price will do to the bitcoin and that is the most reason why people are not trading anymore they are not focused enough and the price is fooling to much.
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September 27, 2016, 09:51:15 AM
 #377

If you are trading you should trading as a business any outside this don't work. Don't trading more than ten percent of you capital and since is business don't expect to make profit all time. Keep you eye on your emotion.


10% is what I consider to be quite a low amount for trading purposes. I personally have like 50% of my total wealth in Bitcoin, from which I use 25% for trading purposes, and the other 25% is meant for holding only. Every percentage of profit that I can make per month is more than welcome as I mainly focus on how much I have made after exactly a year period.
Unless you are very wealthy already, investing only 10% is a very low amount, in fact, is my opinion that most of your money should be invested at all times (not necessarily all in trading), so it’s not there collecting dust and instead earning you more money

Everyone have their own risk level. For him, it is enough to risk 10% of his capital for trading. And if you are investing, you should not put all your money on a single investment. You should not put all your money to trading too. You should have some saved just for back up or emergencies. And the other amount for investments like trading and stocks.
The amount you invest has nothing to do with risk factor of the investments themselves. You don’t need to invest in the wackiest HYIP; you can invest most of your money in the investments with the less risk available.

Agree! You are getting scam in the most HYYIP sites right now because that is really their goal! Unlike trading you are just to have a knowledge to the altcoins so that you can earn pretty lot.And very less risky as long as you know what you are doing in the trading.
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September 27, 2016, 10:06:37 AM
 #378

Trading is a very unpredictable job indeed but sometimes you got to rely on the luck a little bit too to carry you.
Not always skill will be enough especially not with trading you will have to take risks to get somewhere.
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September 27, 2016, 11:44:41 AM
 #379

Trading is a very unpredictable job indeed but sometimes you got to rely on the luck a little bit too to carry you.
Not always skill will be enough especially not with trading you will have to take risks to get somewhere.

Yes it is, especially in trading coins, you'll never know what'll happen in the future as many whales are manipulating the price of a certain coin. Especially those scam ones which are pump and dump. So, better research first before you buy a certain coin to trade and have a system that will make you earn profit even little by little but at least, you are earning and time will come that you will be one of the big earners in terms of trading.
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September 27, 2016, 11:46:25 AM
 #380

If you are talking about crypto trading yes it is unpredictable, no limits up/down , you may end up broke, thats why if you want to trade every single day you have to read first everything about the coin you wanna play with, then read the charts and try to find some info about a possible price rise or fall
Well you dont have to panic , so this means you have to trade with what you afford to lose, if not ...you cant avoid it!
my conclusion is if you dont have the time to watching the markets/news 24/7 and you dont have a group to discuss and do some co-work, then you gonna need a bot save your from a down trend and limit your loss,

P.S trade bot is another story (how to set it up) and be trusthworthy with your folio!

There are no price movement every day for altcoins. if there is its just cents which may not affect much unless you have hundreds of thousands for decent profit.
you'd rather go forex or stock market if you wanna do it everyday and treat it like its your business.
Trading is a really unpredictable job and that is because of the many users bitcoin has you will never know what the price will do and you need to know something about the price beforfe you start with tradings off course that is most important things.
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