Trading is unpredictable job.

[DuckKeeper]

Trading is one of the biggest unpredictable jobs in the bitcoin but if you are doing it right you will make lots of money/bitcoins. So why dont you just start right now dont go to wild just becarefull.

[dunfida]

honestly i am a very bad trader but i think its due to my emostional mind i loose everytime no matter what happen i can not wait to something i can not even wait for the price to go up and sell my order it happens offen that my orders do not gets sell even if the price is higher

In your situation it would be much better for you to quit trading entirely (for the time being) as you're only losing.

The following aspects are very bad when it comes to trading;

Making emotional decisions.
No patience.
Don't see/understand what exactly you did wrong.
No knowledge about the market.

These are all your problems. As I said before, quit trading till you at least understand what you did wrong.

This would  be a good advice though  since you  do have the  traits  that would surely result  to make a  lossing trade at  anytime  because  of   this things, as he said you must quit trading  to avoid  more loss and  you  must realize  what  are the things  youve done  why  you are suffering  from loss.

[martinacar]

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.

Others dont believe in luck. They say if you believe in good luck then there is the opposite of it too. So it would be better not to believe it and just rely on skills. But you cant change what traditions made to believe in luck.

Luck exists though maybe it's not named correctly but there is a certain degree of randomness in trading which we call luck of the draw.
So having a "bad luck streak" could mess over your money but being skilled allows you to be "lucky" more often than "unlucky" so you'll always make a win eventually.

[Legasean]

If you want to trade you have to pay attention at the price of the bitcoin all the time you know lots of people dont know waht the price will do that is why it is unpredictable.

[TastyChillySauce00]

If you want to trade you have to pay attention at the price of the bitcoin all the time you know lots of people dont know waht the price will do that is why it is unpredictable.

well actually you can make automatic buying or selling in certain price that you just set before so you don't need to watch the price all the day long and most of trading site having this feature,but the disadvantages when the price is rising but not reached what you just targetted then probably you just missed a price peak

[exscudo]

aubert,

well actually you can make automatic buying or selling in certain price

Do you mean a stop-loss mechanism?

[MaritiJames3]

Saying trading is about luck is same thing as saying poker is about luck.

I totally agree with that line. trading requires an intuition on the traders part. the trader has to be competent and has to know what the trend of the price is and has to use that trend to make money while trading. some people have this skill while others lose in trading and help fund the people with the skill

Yeah poker for example has luck in it but it is skill which makes the player. After a certain amount of skill you will need luck though, if you make all the right moves in poker you can still lose by the draw of the luck cause your hands can be completely bad for 10 games in a row.

[Taskford]

Trading is one of the biggest unpredictable jobs in the bitcoin but if you are doing it right you will make lots of money/bitcoins. So why dont you just start right now dont go to wild just becarefull.

that is right. If you can do good analysis, the trading can make you good money, for example, if you invested Ethereum early, you are rich.

[richardsNY]

Trading is one of the biggest unpredictable jobs in the bitcoin but if you are doing it right you will make lots of money/bitcoins. So why dont you just start right now dont go to wild just becarefull.

that is right. If you can do good analysis, the trading can make you good money, for example, if you invested Ethereum early, you are rich.

That's just luck. Coordinated pumps like these are well set-up to make big holders indeed very rich. If you as an average trader managed to get in early enough, then you would have made yourself a more than decent profit. However, not many people have been in that position. The majority of the people got in at 0.01-0.015 BTC. But again, if you held everything till now, then you have done a good job.

[kryptqnick]

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

[Positid]

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

[chaser15]

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

That is really possible but somehow at least you try before losing. Those you mentioned are not as assurance that we can make a continous win but rather we can minimize the percentage of losing since we already countered the risk.

It's a suicide if we are just placing orders without any precaution so we need reference as well as part of our decision to be made.

[dunfida]

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

You are right, books are just  full guidelines but the real method and patterns would be  created  by you itself  especially when you are   in the  middle of trading. You could  create such ways  and  patterns  that  you seem  you are profitable  with it. Trading is  truly  an  unpredictable  job because of moving prices.

[chaser15]

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

You are right, books are just  full guidelines but the real method and patterns would be  created  by you itself  especially when you are   in the  middle of trading. You could  create such ways  and  patterns  that  you seem  you are profitable  with it. Trading is  truly  an  unpredictable  job because of moving prices.

That is just a guide so that we can make a proper planning on what kind of trading moves we will do.

The unpredictable event that happens in trading is the challenge for the traders on how they can win for a long run.

[el kaka22]

Apart from method at the beginning you need methodology as well, which are principles on with you are going to build method later. And yet I think that even with having all these things you mention there will remain a high probability risk of losing money doing trading.

Methods can be read in different books but your experience will matter much because not all method are written in the book, with your experience you can modify your method to fit in and to give you the best chance to make a profit in trading.

You are right, books are just  full guidelines but the real method and patterns would be  created  by you itself  especially when you are   in the  middle of trading. You could  create such ways  and  patterns  that  you seem  you are profitable  with it. Trading is  truly  an  unpredictable  job because of moving prices.

Yes, you are right. Only our practical experience must be very good tutors to help us to make our trading more profitable. Theoretical knowledge are not that much helpful in my experience too, as I do forget them while I am into trading. But our practical knowledge is never forgotten, so I am able to apply them time to time for my trading.

[Altynbekova]

Trading will always remain unpredictable cause there's always that luck variable in every trade ofcourse.
But with skill you can mitigate the bad luck and be more consistent when trading, that's why skilfull traders make alot of profit.

[MaritiJames3]

Trading is indeed an unpredictable job if it wouldn't be then it would be easy and everyone and their mothers would be making profit.
Because it's unpredictable you need to be as good as you can to reduce the chance of failing that's why it's such a difficult activity.

The trading is not profitable for most people. It is only for the professionals to take money from the unprofessionals.

You don’t need to go to a fancy school to become a trader, but you do need the skills, knowledge, desire and money in order to become successful, is it difficult? Yes, is it impossible? Of course not.

It requires alot of discipline that's what you need for this. You won't become rich by just trading as a solo person though so don't have unreal expectations that works really demotivating.
Just do alot of self study on trading and it will be alright eventually.

[wxa7115]

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must .

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

[serjent05]

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must .

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

I agree that when things are unsure just be idle and wait for the next event.  Anyway, day trader doesn't care much of the timing since they trade and try to get profit on every trade.  Buy and Sell all the way lol,  like when  their buy order is filled, they will sell it at a price where they have at most 20% profit and when filled buy again. Then they rinse and repeat until they book a good profit for the day.  Kinda tiring.

[arseaboy]

Trading is a predictable job as long as you are doing trading analysis for the coins you want to trade. You must know when to buy and when to sell . Also an important factor is patience . You don't have to trade everyday . Wait for the right opportunities . Timing is a must .

Some people in their desire to earn profits try to over trade, when the situation does not call for it that is why sometimes the correct move is to do nothing and wait for the right opportunity.

yes thats the point there if in first try it doesnt fit you don't cry try another one and make sure to make proper assessment so you won't missed good opportunity, hold if possible if you are just seeing some downfall its normal with trading but expect another rise so just keep and wait.