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Author Topic: Trading is unpredictable job.  (Read 235922 times)
d@nte
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November 16, 2016, 11:17:53 PM
 #841

Trading is very unpredictable but its still worth it because its fun to do and you can make a lot of money with it.
Its worth the risks and I think that the unpredictable part makes it also nice to do.
Well, if it was easy to predict, everyone would be rich. As you said, unpredictability is part of this, but the good thing is the fact that you can make a deep study of the market and improve your trading skills, so that you can reduce your risks.
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November 16, 2016, 11:22:34 PM
 #842

I dont know about bitcoin but predicting forex is pretty easy. i havent got much of it wrong so far. i post live signals in my thread https://bitcointalk.org/index.php?topic=1664883.0

Earn THOUSANDS OF DOLLARS a month trading FOREX. https://bitcointalk.org/index.php?topic=1664883.0
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wxa7115
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November 17, 2016, 12:43:25 AM
 #843

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.
If you use technical analysis and you are good at it you could see the trends of the coin and in a way predict with some degree of accuracy the movement of bitcoin and profit from it.
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November 17, 2016, 03:37:05 AM
 #844

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.
If you use technical analysis and you are good at it you could see the trends of the coin and in a way predict with some degree of accuracy the movement of bitcoin and profit from it.
A method is really necessary and when you have the data you can analyze it to predict the price movement of bitcoin.That is already the basic and must be understood by every trader who wanted to be successful in his unpredictable job. One thing is certain, our needs is regular but our income is not in trading, therefore we do not have to rely in it as our main source of income.

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November 17, 2016, 04:03:57 AM
 #845

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.


If I can be so professional to the extent that I can live off my trading earnings, it will be a dream come true.

its need a time to be a professional trader and many things to learn and its not in short time. beside that, you will stay focus with your main purpose and don't stop it. set your goal for a month and make it by small goal, if you get succeed, then raise your goal and so on. and yes, trading is hard to be unpredictable but as long as you have a will to learn anything possitive in trading, i think you can get your goal.



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bitcoinisbest
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November 17, 2016, 06:06:04 AM
 #846

Yes very much it is unpredictable due to price fluctuation in bitcoin is the normal and many times it moves 50$ or more in a day either side so depends on which side you are it may be  profit/loss with the no of btc you hold. Its a risky to trade in such situation.
goldcoinminer
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November 17, 2016, 06:07:04 AM
 #847

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.


If I can be so professional to the extent that I can live off my trading earnings, it will be a dream come true.

its need a time to be a professional trader and many things to learn and its not in short time. beside that, you will stay focus with your main purpose and don't stop it. set your goal for a month and make it by small goal, if you get succeed, then raise your goal and so on. and yes, trading is hard to be unpredictable but as long as you have a will to learn anything possitive in trading, i think you can get your goal.
It's important to fully equip yourselves with the right knowledge so you can enhance your skills. When you are in trading and you consider that as you main source of income you have to play your cards very well so you will be able to make consistent income. You know it if you have the skills or not by tracking your record.
Zadicar
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November 17, 2016, 06:13:17 AM
 #848

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.


If I can be so professional to the extent that I can live off my trading earnings, it will be a dream come true.

its need a time to be a professional trader and many things to learn and its not in short time. beside that, you will stay focus with your main purpose and don't stop it. set your goal for a month and make it by small goal, if you get succeed, then raise your goal and so on. and yes, trading is hard to be unpredictable but as long as you have a will to learn anything possitive in trading, i think you can get your goal.
It's important to fully equip yourselves with the right knowledge so you can enhance your skills. When you are in trading and you consider that as you main source of income you have to play your cards very well so you will be able to make consistent income. You know it if you have the skills or not by tracking your record.
Enough  knowledge  on trading would  really be needed so that  you  could able to  make profits  with it, it may not   on  constant  on  or daily basis  but   it somehow  guarantee yourself   that  you could able to sustain  of make  money  with that.  In  my  own  view, it depends  on  what  kind of trading   you do,  its  either  on forex, bitcoin or altcoin. They are  the same  but  the  stage of  knowledge  on each  field of trade  is different.

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November 17, 2016, 07:04:16 AM
 #849

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.


If I can be so professional to the extent that I can live off my trading earnings, it will be a dream come true.

its need a time to be a professional trader and many things to learn and its not in short time. beside that, you will stay focus with your main purpose and don't stop it. set your goal for a month and make it by small goal, if you get succeed, then raise your goal and so on. and yes, trading is hard to be unpredictable but as long as you have a will to learn anything possitive in trading, i think you can get your goal.
It's important to fully equip yourselves with the right knowledge so you can enhance your skills. When you are in trading and you consider that as you main source of income you have to play your cards very well so you will be able to make consistent income. You know it if you have the skills or not by tracking your record.
Enough  knowledge  on trading would  really be needed so that  you  could able to  make profits  with it, it may not   on  constant  on  or daily basis  but   it somehow  guarantee yourself   that  you could able to sustain  of make  money  with that.  In  my  own  view, it depends  on  what  kind of trading   you do,  its  either  on forex, bitcoin or altcoin. They are  the same  but  the  stage of  knowledge  on each  field of trade  is different.
In trading, it's important to have a continuing learning in trading as the price movement is not base on the trends, it's base on the present market so news are very important and as a trader it's your job to know all the necessary information that would affect your trading job.

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November 17, 2016, 07:15:20 AM
 #850

Enough  knowledge  on trading would  really be needed so that  you  could able to  make profits  with it, it may not   on  constant  on  or daily basis  but   it somehow  guarantee yourself   that  you could able to sustain  of make  money  with that.  In  my  own  view, it depends  on  what  kind of trading   you do,  its  either  on forex, bitcoin or altcoin. They are  the same  but  the  stage of  knowledge  on each  field of trade  is different.

More than knowledge, experience and discipline is what makes a better trader. Knowledge can be acquired by reading a lot of books and tutorials. But experience needs time and involvement in trading. Discipline can stop you from being emotional on your trades. Experience will teach you what to do on difficult times.
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November 18, 2016, 01:24:43 AM
 #851

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.
If you use technical analysis and you are good at it you could see the trends of the coin and in a way predict with some degree of accuracy the movement of bitcoin and profit from it.
A method is really necessary and when you have the data you can analyze it to predict the price movement of bitcoin.That is already the basic and must be understood by every trader who wanted to be successful in his unpredictable job. One thing is certain, our needs is regular but our income is not in trading, therefore we do not have to rely in it as our main source of income.
I agree that should be the bare minimum if you want to trade but sometimes it amazes me how some people are trading without even taking a little time to read anything about economics and stuff and they trade based in hunches.
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November 19, 2016, 03:33:22 AM
 #852

To be successful at trading, I think you need to be able to buy when the price drops rather than panic sell. That is how you can get a better price and have a chance to sell higher.

 
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Caladonian
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November 19, 2016, 03:51:49 AM
 #853

To be successful at trading, I think you need to be able to buy when the price drops rather than panic sell. That is how you can get a better price and have a chance to sell higher.
and much better to have good strong capital so just incase that the price went down instead of riding with the panic seller if you believe with the project better to buy more and allowed the market to regain its price for sure you will able to cover loses if you made it in the wrong position, its better to always have spare money so you can make some back up moves.
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November 19, 2016, 03:51:56 AM
 #854

To be successful at trading, I think you need to be able to buy when the price drops rather than panic sell. That is how you can get a better price and have a chance to sell higher.

i am agree with you and we can be familiar to know when the price drops is just from learning by doing from the trading itself so we can make profit with our trading. but for now situation, we should be careful and not to rush to buy the coins, because the price is really not stable and we don't want to be stuck in high price when we buy.

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wxa7115
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November 19, 2016, 04:29:49 AM
 #855

To be successful at trading, I think you need to be able to buy when the price drops rather than panic sell. That is how you can get a better price and have a chance to sell higher.
Panic selling is the fast way to lose all your money, unless the price is really crashing down then the most prudent thing to is to wait until the price recovers and then sell with a small profit.
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November 19, 2016, 08:16:04 AM
 #856

To be successful at trading, I think you need to be able to buy when the price drops rather than panic sell. That is how you can get a better price and have a chance to sell higher.
Panic selling is the fast way to lose all your money, unless the price is really crashing down then the most prudent thing to is to wait until the price recovers and then sell with a small profit.

A trade saying (sorry if it is not in good English)
Selling in panic is excellent if you are among the first ones...

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November 19, 2016, 08:43:58 AM
 #857

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.
If you use technical analysis and you are good at it you could see the trends of the coin and in a way predict with some degree of accuracy the movement of bitcoin and profit from it.
A method is really necessary and when you have the data you can analyze it to predict the price movement of bitcoin.That is already the basic and must be understood by every trader who wanted to be successful in his unpredictable job. One thing is certain, our needs is regular but our income is not in trading, therefore we do not have to rely in it as our main source of income.
Nothing says people are not making a living off of trading the cryptocurrencies or fiats. Everything boils down to a trader's knowledge, experience and scale of trading. If you are a versed trader and with good enough trading capital, then managing your funds through informed market decisions would surely leave you with more winnings than losses. There is no way to not lose from time to time, but your knowledge and experience would steer one safe form chaos.
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November 19, 2016, 09:44:40 AM
 #858

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?


Most said here that trading is the option for us to earn bitcoin a lot. And that is totally true which is proven and tested to anyone who tried to do it actually, including myself of course. You need to be patience and create your own tactics in trading just be observant to all player out there in the exchange.
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November 19, 2016, 10:11:35 AM
 #859

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.
If you use technical analysis and you are good at it you could see the trends of the coin and in a way predict with some degree of accuracy the movement of bitcoin and profit from it.
A method is really necessary and when you have the data you can analyze it to predict the price movement of bitcoin.That is already the basic and must be understood by every trader who wanted to be successful in his unpredictable job. One thing is certain, our needs is regular but our income is not in trading, therefore we do not have to rely in it as our main source of income.
Nothing says people are not making a living off of trading the cryptocurrencies or fiats. Everything boils down to a trader's knowledge, experience and scale of trading. If you are a versed trader and with good enough trading capital, then managing your funds through informed market decisions would surely leave you with more winnings than losses. There is no way to not lose from time to time, but your knowledge and experience would steer one safe form chaos.

It kinda seems that the majority of people posting here about trading are not very experienced at it. Given that, and the fact the most wannabe traders are losing in the end (very much like in gambling), it is not really an option for them. I mean earning enough to call trading their major source of income. Indeed, if you poured all your lifetime savings into Bitcoin a little over a year ago when its price had been hanging around $200, you might claim that you are earning enough for a decent living...

But this is simply because the Bitcoin price has been growing almost constantly since then

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November 19, 2016, 10:58:43 AM
 #860

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?


Most said here that trading is the option for us to earn bitcoin a lot. And that is totally true which is proven and tested to anyone who tried to do it actually, including myself of course. You need to be patience and create your own tactics in trading just be observant to all player out there in the exchange.

it is partially right...
but with my U2 system you can trade without money...
all is for free.

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