iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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December 02, 2016, 05:02:17 PM |
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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?
I would say 1. Understand the method you use. 2. Know the value of your money. (How much you can spend and what you don't want to loose.) 3. A cool mind. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thats all you need. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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zero1ten
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December 02, 2016, 05:56:15 PM |
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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?
Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading.
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wxa7115
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December 02, 2016, 06:37:44 PM |
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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?
Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading. Trading is not like gambling since in most gambling games you cannot improve your chances of winning, in trading you can improve your chances by reading books about it and when you begin to practice trading.
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zero1ten
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December 02, 2016, 07:17:54 PM |
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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?
Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading. Trading is not like gambling since in most gambling games you cannot improve your chances of winning, in trading you can improve your chances by reading books about it and when you begin to practice trading. I'm just pointing out that in trading you can still lose money, but I didn't say it's 100% the same that's why I also said the advantages of trading against gambling.
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FLoving
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December 02, 2016, 08:05:27 PM |
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Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run. Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves. yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself. Yes earning and losing is the part of trading, and we really get experience if we are even losing money in trading, but if you are new in trading you must invest a small amount of bitcoin so that if you are booking lost, your lost should not be a big one. And when you get some experience then you can invest a good amount in trading. in certain situation trading is feel like gambling isn't it? when you have collected a lot of info from a lot of sources and make a conclusion to predict the price. but then the market so wild make your prediction totally wrong , that feeling make trading really unpredictable sometimes. Not even the best traders get all theirs call right, so they can lose money too with some trades but as long as a majority of your trades gives you profits you can make yourself a successful trader. I do not agree that trading is like gambling and do not agree the the best traders also lose in trading. If someone is best in trade then he will focus on the price of their assets and will focus deep on the market and will never lose the chance to grab the benefit of the fluctuation in the price and will earn at each stage. Just like some of my friends are earning from a longer time.
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CraigWrightBTC
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December 03, 2016, 04:20:36 AM |
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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?
Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading. Trading is not like gambling since in most gambling games you cannot improve your chances of winning, in trading you can improve your chances by reading books about it and when you begin to practice trading. I'm just pointing out that in trading you can still lose money, but I didn't say it's 100% the same that's why I also said the advantages of trading against gambling. The different between gambling and trading is on ways analysis there are no analysis for gambling except sprort gambling and there are ways analysis fundamental and technical on trading. So gambling is different with trading but has same risk losing the money.
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Positid
Sr. Member
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BULL RUN until 2030
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December 03, 2016, 06:55:06 AM |
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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?
Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading. Trading is not like gambling since in most gambling games you cannot improve your chances of winning, in trading you can improve your chances by reading books about it and when you begin to practice trading. I'm just pointing out that in trading you can still lose money, but I didn't say it's 100% the same that's why I also said the advantages of trading against gambling. The different between gambling and trading is on ways analysis there are no analysis for gambling except sprort gambling and there are ways analysis fundamental and technical on trading. So gambling is different with trading but has same risk losing the money. Exactly, and I can say that gambling is more difficult compared to trading as evidence by the lower success rate in gambling for the punters. Therefore, this data should be taken seriously and we must minimize our gambling loses by doing it occasionally instead of regular gambling.
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X-ray
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December 03, 2016, 07:31:57 AM |
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Exactly, and I can say that gambling is more difficult compared to trading as evidence by the lower success rate in gambling for the punters. Therefore, this data should be taken seriously and we must minimize our gambling loses by doing it occasionally instead of regular gambling.
Gambling is not difficult at all. it's just you pushing bet button and choosing some option to get the chance of winning. and if you're seeking serious profit from it then you're really at the wrong path. trading is basically seeking profit from analyzation while gambling is just counting on your luck. definitely a different thing
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deisik
Legendary
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December 03, 2016, 01:36:12 PM |
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Exactly, and I can say that gambling is more difficult compared to trading as evidence by the lower success rate in gambling for the punters. Therefore, this data should be taken seriously and we must minimize our gambling loses by doing it occasionally instead of regular gambling.
Gambling is not difficult at all. it's just you pushing bet button and choosing some option to get the chance of winning. and if you're seeking serious profit from it then you're really at the wrong path. trading is basically seeking profit from analyzation while gambling is just counting on your luck. definitely a different thing Trading can be considered as an advanced form of gambling where you play against other players with the house edge being the trade fee. You may read heaps of books and analyze piles of data data, but ultimately it all boils down to either winning over other players (that would be profits) or losing to them (that would be losses). Since it is pretty much a zero sum game on the whole, someone will be left holding the bag full of worthless shit in the end... And you do everything to avoid being that someone
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vasrasus
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December 03, 2016, 01:41:24 PM |
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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?
Trading is like gambling, you win some, you lose some but at least when trading you have a slight advantage than in gambling, meaning you have news and articles to look and read in order to make the right decisions on whether a price is going up or down, so if you're just persistent on doing that, you have the higher probability of earning in the long run on trading. Trading is not like gambling since in most gambling games you cannot improve your chances of winning, in trading you can improve your chances by reading books about it and when you begin to practice trading. Trading in terms of winning when you convince someone in buying your coins or anything can offer in a good and proper transaction. And lose in terms that someone scammed you or you didnt get the customer because he/she finds new that can offer more . So I think its also like gambling in terms on winning and losing. There is really a need for patient and plan strategically.
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Amadues
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December 03, 2016, 01:48:55 PM |
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trading is unpredictable job because people in the vast majority of case doesn't know anything about trading. So become just a waste of time and money, it's more similar to gamble. Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
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winspiral
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December 03, 2016, 01:59:39 PM |
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trading is unpredictable job because people in the vast majority of case doesn't know anything about trading. So become just a waste of time and money, it's more similar to gamble. Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
you are right... but you have to do with... you can not say it is unpredicable because "other traders" do not know about... show them that you have more knowledges about. On my U2 system it is possible to trade and the "no knowleges from some members" does not matter to trade.
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PokerFace3
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December 03, 2016, 04:00:29 PM |
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Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
Yes trading with new altcoins are absolutely an unpredictable job. Because, they are not following any news and only some insiders decide the fluctuations so it is highly risky to trade new altcoins. Moreover trading new altcoin is just a gambling. I stick within bitcoin trading and I do trade very few well established altcoins. So usually I do not feel trading as an unpredictable job.
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geopolisch
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December 04, 2016, 07:17:45 PM |
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Yes trading with new altcoins are absolutely an unpredictable job. Because, they are not following any news and only some insiders decide the fluctuations so it is highly risky to trade new altcoins. Moreover trading new altcoin is just a gambling.
Not just with altcoins, whenever you are dealing with less resourced stocks/commodity, you might face the problem of unpredictability. Only when you are having all available news and affecting factors we will be able to predict the price movement of them easily. Usually altcoins are controlled by few people that is the reason most of the time it remains unpredictable job.
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Mbokani
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December 04, 2016, 10:45:28 PM |
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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?
I think trading is unpredictable for those who doesn't have proper knowledge about trading or those who are new on trading.I think people who have the actual skills of trading, who have proper knowledge about market they could certainly predict. If people are focused on trading coins with less volumes then the possibility of losing money is high and that comes back to knowledge of how trading is to be conducted.I am sure many people lost money with scam coins and ico's .just trade coins which is having high volumes which is about a million dollars and then check the graph and volatility level and most certain you wont lost much
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dhampir-D
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December 04, 2016, 10:50:13 PM |
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trading is unpredictable job because people in the vast majority of case doesn't know anything about trading. So become just a waste of time and money, it's more similar to gamble. Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
In fact, if there is lack of knowledge, the chances of losses are quite high. Many users expect to make big profits overnight, this ends up causing them to lose the small opportunities, and selling with the wrong timing, often suffering a loss for it. But once the individual get experience, it's possible to decrease the chances of this happening.
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richardsNY
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December 04, 2016, 11:48:00 PM |
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trading is unpredictable job because people in the vast majority of case doesn't know anything about trading. So become just a waste of time and money, it's more similar to gamble. Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
In fact, if there is lack of knowledge, the chances of losses are quite high. Many users expect to make big profits overnight, this ends up causing them to lose the small opportunities, and selling with the wrong timing, often suffering a loss for it. But once the individual get experience, it's possible to decrease the chances of this happening. People expecting high returns in a matter of days in extreme cases, are mostly the type of people gambling away their precious Bitcoins in the altcoin market. For these people Bitcoin is too boring as it doesn't move like 25-50% several times a month. But it's quite funny that as soon as the price of Bitcoin shoots up, they start selling their crappy altcoins like there is no tomorrow. At the long run, just like is the case with gambling, these people are only losing.
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Positid
Sr. Member
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December 05, 2016, 05:47:32 AM |
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trading is unpredictable job because people in the vast majority of case doesn't know anything about trading. So become just a waste of time and money, it's more similar to gamble. Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
In fact, if there is lack of knowledge, the chances of losses are quite high. Many users expect to make big profits overnight, this ends up causing them to lose the small opportunities, and selling with the wrong timing, often suffering a loss for it. But once the individual get experience, it's possible to decrease the chances of this happening. People expecting high returns in a matter of days in extreme cases, are mostly the type of people gambling away their precious Bitcoins in the altcoin market. For these people Bitcoin is too boring as it doesn't move like 25-50% several times a month. But it's quite funny that as soon as the price of Bitcoin shoots up, they start selling their crappy altcoins like there is no tomorrow. At the long run, just like is the case with gambling, these people are only losing. You can't blame them, they believe that investing in bitcoin can give them lucrative income like the others are experiencing. Actually our goal should be measurable and realistic therefore the most important thing to consider is putting up a decent amount of capital.
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AakZaki
Legendary
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Activity: 2338
Merit: 1079
zknodes.org
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December 05, 2016, 07:18:33 AM |
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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?
I think all three is necessary, because if you do not like the motor that is not his brakes diingikan then something is definitely happening.
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densuj (OP)
Legendary
Offline
Activity: 910
Merit: 1000
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December 05, 2016, 07:28:06 AM |
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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?
I think all three is necessary, because if you do not like the motor that is not his brakes diingikan then something is definitely happening. Hello dude, thanks you for your example using motor ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) , on trading we must have rules of trading, discipline do cut lost and following our rules that be made by our self, because there are no people who know what will happen even though one minute later. That is why i said trading was unpredictable job.
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