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Author Topic: Trading is unpredictable job.  (Read 235919 times)
icecube45
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October 29, 2016, 01:49:06 PM
 #741

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
Yes very true, very different trading with gambling. Trade does not rely entirely on luck. Although luck is needed but skill and patience is also needed in order to succeed and make a profit. We need to understand prices and fluctuations in order to make a profit. So basically trades do need luck to succeed, but other factors needed to be successful and profit.
goldcoinminer
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October 29, 2016, 02:13:09 PM
 #742

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
Yes very true, very different trading with gambling. Trade does not rely entirely on luck. Although luck is needed but skill and patience is also needed in order to succeed and make a profit. We need to understand prices and fluctuations in order to make a profit. So basically trades do need luck to succeed, but other factors needed to be successful and profit.
So you are saying that gamble relies entirely on luck? I guess you are wrong buddy, we are talking here of making money and making comparison on gambling and trading, therefore in gambling you also need to have skills as luck will not give you consistent win.
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October 29, 2016, 02:35:39 PM
 #743

when you make trading as the main job and focus of work in trading then it will be very good. you must choose whether you want to be trading a job or not. it is a choice. many people who work with trading, and they can be happy.
Trading as a source of living is only something that is possible for the elite traders, and not for the average trader here.

If I had a serious amount of money for investment purposes, then I would be trading alongside my main job as that will give me an extra source of income.

I will however never stop working just to rely on something (trading in this case) that has given me decent profits this month, where the following months after that I make next to nothing.

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October 30, 2016, 08:15:10 AM
 #744

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
yes as there are so many people who have good experience and skill of trading, so they know how to predict about particular trad and their prediction are mostly proof correct, so they are really making good money in trading because of their precious prediction.

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October 30, 2016, 09:48:27 AM
 #745

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
yes as there are so many people who have good experience and skill of trading, so they know how to predict about particular trad and their prediction are mostly proof correct, so they are really making good money in trading because of their precious prediction.
If we got enough skill to predict market movements accurately, then trading will not no more an unpredictable job. The hardest true within this must be just learning the skills to predict markets will not be enough, we must gain experience over time so that we will be able to predict market movements accurately. Experience really matters here to predict our trading calls preciously.
icecube45
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October 31, 2016, 10:43:41 AM
 #746

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
Yes very true, very different trading with gambling. Trade does not rely entirely on luck. Although luck is needed but skill and patience is also needed in order to succeed and make a profit. We need to understand prices and fluctuations in order to make a profit. So basically trades do need luck to succeed, but other factors needed to be successful and profit.
So you are saying that gamble relies entirely on luck? I guess you are wrong buddy, we are talking here of making money and making comparison on gambling and trading, therefore in gambling you also need to have skills as luck will not give you consistent win.

Yes, I think gambling is very be affected luck so not suitable when used to make money. Because I think although there are some gambling games that require skill like poker and sports betting, but the victory remained be affected on luck. And I think there is no consistent victory in gambling because we can not always win and will surely lose. In contrast to the trade, although extremely difficult and uncertain, but we must have the skill to be able to get the advantage and it can be learned.
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October 31, 2016, 11:11:34 AM
 #747

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
Yes very true, very different trading with gambling. Trade does not rely entirely on luck. Although luck is needed but skill and patience is also needed in order to succeed and make a profit. We need to understand prices and fluctuations in order to make a profit. So basically trades do need luck to succeed, but other factors needed to be successful and profit.
So you are saying that gamble relies entirely on luck? I guess you are wrong buddy, we are talking here of making money and making comparison on gambling and trading, therefore in gambling you also need to have skills as luck will not give you consistent win.
and skill without luck is nothing,you expect to make a profit by using some trick like martingale or anything else? these tricks proven useless when you really have bad luck and got many loses in a row,what kind of skill you mentioned if you're playing a games like plinko ?

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October 31, 2016, 12:31:11 PM
 #748

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
Yes very true, very different trading with gambling. Trade does not rely entirely on luck. Although luck is needed but skill and patience is also needed in order to succeed and make a profit. We need to understand prices and fluctuations in order to make a profit. So basically trades do need luck to succeed, but other factors needed to be successful and profit.
So you are saying that gamble relies entirely on luck? I guess you are wrong buddy, we are talking here of making money and making comparison on gambling and trading, therefore in gambling you also need to have skills as luck will not give you consistent win.
and skill without luck is nothing,you expect to make a profit by using some trick like martingale or anything else? these tricks proven useless when you really have bad luck and got many loses in a row,what kind of skill you mentioned if you're playing a games like plinko ?
Trading is a serious job or a business if you treat it like that, and every venture requires a good game plan that needs to be written so you can review if your method works for you and so you can adjust to make that work for you. I have been in the business for so long and now and not in my life I have seen that we include luck to determine our chances to succeed in the business.

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November 01, 2016, 07:48:23 PM
Last edit: January 13, 2017, 04:57:23 PM by IsaacBitcoiner
 #749

So far I am not making good money in trading but I am learning my way to it, the unpredictability of the price is what makes it a very challenging job and we are just investing on our capability and skills to predict the right movement of the price, at least we are not gonna be scam here, right?
yeah, it is the first step to start trading in altcoin or digital currency world .
because the main trading success depends upon the knowledge of best trade basic and idea of prediction of altcoin at a particular time .
well i am In profit in this week with about 56% but last week i was in loss , we can say it is an unpredictable Job .
Yes, a broad knowledge of the market is required. Even people with more experience may suffer losses if any unexpected movements in the market occurs, that's why you can't invest what you can not afford to lose.

Every market has its ups and downs, prices must always adjust, as changes occur in the economy... If the individual wants to succeed, he/she needs to understand the factors that lead to such changes, taking a view of different aspects of the economy, and trying to associate the different factors that interfere in the market.

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November 02, 2016, 04:05:04 AM
 #750

Yes, a broad knowledge of the market is required. Even people with more experience may suffer losses if any unexpected movements in the market occurs, that's why you can't invest what you can not afford to lose.

I agree to what you said, you must be knowledgeable enough in trading, although you are in a right track of your trend there might be times trend will go down and sometimes will cause you to be discourage and even others quit. With that experiences it will make you firm and tough with your decisions when you trade in the same way you are handling your emotions.

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November 02, 2016, 10:44:37 AM
 #751

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
yes as there are so many people who have good experience and skill of trading, so they know how to predict about particular trad and their prediction are mostly proof correct, so they are really making good money in trading because of their precious prediction.
If we got enough skill to predict market movements accurately, then trading will not no more an unpredictable job. The hardest true within this must be just learning the skills to predict markets will not be enough, we must gain experience over time so that we will be able to predict market movements accurately. Experience really matters here to predict our trading calls preciously.

Very true,  if we could able to  predict already the   movement of prices   then   trading  is  not   unpredictable  job already and for sure  most experienced  traders would  be rich already as of now. Moving  prices  is the main thing  here  thats why trading  is a really hard  job hence   we cant  really predict  the  future  on what  way  does it move but  if you are experienced or  pro  enough  you could somehow  increase  the chance  of making succesful trades .

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November 02, 2016, 11:44:11 AM
 #752

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
yes as there are so many people who have good experience and skill of trading, so they know how to predict about particular trad and their prediction are mostly proof correct, so they are really making good money in trading because of their precious prediction.
If we got enough skill to predict market movements accurately, then trading will not no more an unpredictable job. The hardest true within this must be just learning the skills to predict markets will not be enough, we must gain experience over time so that we will be able to predict market movements accurately. Experience really matters here to predict our trading calls preciously.

Very true,  if we could able to  predict already the   movement of prices   then   trading  is  not   unpredictable  job already and for sure  most experienced  traders would  be rich already as of now. Moving  prices  is the main thing  here  thats why trading  is a really hard  job hence   we cant  really predict  the  future  on what  way  does it move but  if you are experienced or  pro  enough  you could somehow  increase  the chance  of making succesful trades .
Nobody can predict the exact outcome of the price, we are just guessing here and since trading is an unpredictable job, our job here is to predict the right outcome and if we are right most of time we will surely make profits. The price of bitcoin is now rising, I do trade so I predict the price will rise again up to $1,000 this year and I should buy now.

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November 02, 2016, 12:38:08 PM
 #753

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
yes as there are so many people who have good experience and skill of trading, so they know how to predict about particular trad and their prediction are mostly proof correct, so they are really making good money in trading because of their precious prediction.
If we got enough skill to predict market movements accurately, then trading will not no more an unpredictable job. The hardest true within this must be just learning the skills to predict markets will not be enough, we must gain experience over time so that we will be able to predict market movements accurately. Experience really matters here to predict our trading calls preciously.

Very true,  if we could able to  predict already the   movement of prices   then   trading  is  not   unpredictable  job already and for sure  most experienced  traders would  be rich already as of now. Moving  prices  is the main thing  here  thats why trading  is a really hard  job hence   we cant  really predict  the  future  on what  way  does it move but  if you are experienced or  pro  enough  you could somehow  increase  the chance  of making succesful trades .
Nobody can predict the exact outcome of the price, we are just guessing here and since trading is an unpredictable job, our job here is to predict the right outcome and if we are right most of time we will surely make profits. The price of bitcoin is now rising, I do trade so I predict the price will rise again up to $1,000 this year and I should buy now.

No one  would really  predict the  price  movement   when we are doing trading because  its the nature  of  it and   moving prices  are  normal things.  We are  just  humans  and  no one  could able to predict the future. Trading is really  an  unpredictable  job  and  we  should  not  take  easy  on it.

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November 02, 2016, 02:05:16 PM
 #754

I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed Smiley But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading Smiley

You would not really fully dependent on luck  when  you are  on trading   because  it would really need some skills  and proper  knowledge  in able  to sustain  with it and you are right   trading  is not an easy  thing to do  but   we should  not  discourage  everyone here. Learning  trading would really takes time.
yes as there are so many people who have good experience and skill of trading, so they know how to predict about particular trad and their prediction are mostly proof correct, so they are really making good money in trading because of their precious prediction.
If we got enough skill to predict market movements accurately, then trading will not no more an unpredictable job. The hardest true within this must be just learning the skills to predict markets will not be enough, we must gain experience over time so that we will be able to predict market movements accurately. Experience really matters here to predict our trading calls preciously.

Very true,  if we could able to  predict already the   movement of prices   then   trading  is  not   unpredictable  job already and for sure  most experienced  traders would  be rich already as of now. Moving  prices  is the main thing  here  thats why trading  is a really hard  job hence   we cant  really predict  the  future  on what  way  does it move but  if you are experienced or  pro  enough  you could somehow  increase  the chance  of making succesful trades .
Nobody can predict the exact outcome of the price, we are just guessing here and since trading is an unpredictable job, our job here is to predict the right outcome and if we are right most of time we will surely make profits. The price of bitcoin is now rising, I do trade so I predict the price will rise again up to $1,000 this year and I should buy now.

No one  would really  predict the  price  movement   when we are doing trading because  its the nature  of  it and   moving prices  are  normal things.  We are  just  humans  and  no one  could able to predict the future. Trading is really  an  unpredictable  job  and  we  should  not  take  easy  on it.

that is why traders rarely use predict the price and it is mostly speculation. it means that an experiences trader tries to find possible futures and the possible changes in the price in this futures and then make trades based on those speculations.

and it is a science which has been studied and improved over time. and now a lot of people are using it.


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November 02, 2016, 02:44:51 PM
 #755

Yes, a broad knowledge of the market is required. Even people with more experience may suffer losses if any unexpected movements in the market occurs, that's why you can't invest what you can not afford to lose.

I agree to what you said, you must be knowledgeable enough in trading, although you are in a right track of your trend there might be times trend will go down and sometimes will cause you to be discourage and even others quit. With that experiences it will make you firm and tough with your decisions when you trade in the same way you are handling your emotions.

That is the truth with trading. There are down times but it is how you will get up from those. It is unpredictable enough that you could lose anytime.
Maybe trying to trust another coin could brought back your excitement in trading.
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November 02, 2016, 06:19:25 PM
 #756

Yes, a broad knowledge of the market is required. Even people with more experience may suffer losses if any unexpected movements in the market occurs, that's why you can't invest what you can not afford to lose.

I agree to what you said, you must be knowledgeable enough in trading, although you are in a right track of your trend there might be times trend will go down and sometimes will cause you to be discourage and even others quit. With that experiences it will make you firm and tough with your decisions when you trade in the same way you are handling your emotions.

That is the truth with trading. There are down times but it is how you will get up from those. It is unpredictable enough that you could lose anytime.
Maybe trying to trust another coin could brought back your excitement in trading.

That is right.  The trading is quite fun, it is similar to gambling. But you have to learn from the process.
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November 02, 2016, 06:25:01 PM
 #757

Yes, a broad knowledge of the market is required. Even people with more experience may suffer losses if any unexpected movements in the market occurs, that's why you can't invest what you can not afford to lose.

I agree to what you said, you must be knowledgeable enough in trading, although you are in a right track of your trend there might be times trend will go down and sometimes will cause you to be discourage and even others quit. With that experiences it will make you firm and tough with your decisions when you trade in the same way you are handling your emotions.

That is the truth with trading. There are down times but it is how you will get up from those. It is unpredictable enough that you could lose anytime.
Maybe trying to trust another coin could brought back your excitement in trading.

That is right.  The trading is quite fun, it is similar to gambling. But you have to learn from the process.
For me it is not the same gambling is for fun and entertainment.. but trading is business for me and it is like on forex.. you can predict your own and set your own margin to make a profit you dont need to bet or something like in gambling because gambling you will lose there and you can not recover anything.. unlike in trading that you can recover some partial of loses.



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November 02, 2016, 07:53:01 PM
 #758

For me it is not the same gambling is for fun and entertainment.. but trading is business for me and it is like on forex.. you can predict your own and set your own margin to make a profit you dont need to bet or something like in gambling because gambling you will lose there and you can not recover anything.. unlike in trading that you can recover some partial of loses.
But what are the similarities you are finding with gambling and trading and I believe you might got many situations in those you got feel of doing your trading in gambling way like throwing blind balls to book unexpected huge profits. But, both gambling and trading has mystery to unveil only we touch them. But, we should never go trading in gambling approach.
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November 02, 2016, 09:17:41 PM
 #759

Yes. It is. Better trading would be, start trading with btc when the price is less. Now the price is really going high. Instead of buying bitcoins, its better to sell the bitcoins we hold already. Its a vast subject and requires more experience to do so. So check with experienced and start trading when the price is less. 
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November 02, 2016, 11:59:54 PM
 #760

For me it is not the same gambling is for fun and entertainment.. but trading is business for me and it is like on forex.. you can predict your own and set your own margin to make a profit you dont need to bet or something like in gambling because gambling you will lose there and you can not recover anything.. unlike in trading that you can recover some partial of loses.
But what are the similarities you are finding with gambling and trading and I believe you might got many situations in those you got feel of doing your trading in gambling way like throwing blind balls to book unexpected huge profits. But, both gambling and trading has mystery to unveil only we touch them. But, we should never go trading in gambling approach.

It's not possible to know with sure how much profit we will make with trading. Nobody can knows with 100% sure if that coin will increase its price in the future, maybe the prices can go down and you lose your investiment on this coin. I think that is a unpredictable job, it's not very dangerous like gambling, but it's not so safe like buy BTCs and hold it.

 
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