worhiper_-_
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February 11, 2017, 09:35:27 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?
yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong prediction
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whizter
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February 11, 2017, 11:51:31 PM Last edit: February 12, 2017, 12:05:03 AM by whizter |
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Trading is really unpredictable, because if all traders in the exchange site and every trader can predict all the price when will gonna increase or decrease the price value for sure many altcoins will face crisis even Bitcoin too.
Not only that, we will all be reach if trading is predictable. There are people who are good in trading but they cannot predict the price movement all the time, that is why they lose sometimes but knowledge and skills just give them a consistent profit in the long run. It's a job that we have to learn as we go along, and without developing our skills, we will not gonna end up profitable. Also movement the price can be followed by traders with searce the trend and it can be done by practice trading on the markets we can get profit in trading with learning by doing too, prediction in trading without practice we don't know is it work or not. We can learn more about trading with can analyze the market price, with the fundamental analysis or technical analysis. By the way so we can predict where the direction of the prices of the coins it will move. Yes that is right with that strategy a person will be able to predict that what will be the price of bitcoin in the coming week, month or year but if someone will start trade without any startegy and without any knowledge then or the trade is like gambling as he will not learn and all the things will be unpredictable for him. yes that is right good strategy, experience, skill and knowledge can make prediction more easy and possible. there are so many people who have good experience and knowledge about bitcoin therefore i think they can give good prediction about bitcoin and such people can be called as bitcoin expert. as the most of their time spent in studying bitcoin.
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Babayega31
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February 12, 2017, 02:49:27 AM |
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Yes, trading really an unpredictable job to do and mostly wrong decisions could result to loss of profit. You can't when to buy or to sell because the trending of the altcoins market is very fluctuating and it also relying on the bitcoin price movement. In order to have that to be nearest to predictions is, you must be able to be updated on whats is happening to the trading site that you have invested shares. Be able to learn the ways of trading ways and seek advices from those who are experts of altcoins tradings.
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fitty
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February 12, 2017, 02:58:30 AM |
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Yes, trading really an unpredictable job to do and mostly wrong decisions could result to loss of profit. You can't when to buy or to sell because the trending of the altcoins market is very fluctuating and it also relying on the bitcoin price movement. In order to have that to be nearest to predictions is, you must be able to be updated on whats is happening to the trading site that you have invested shares. Be able to learn the ways of trading ways and seek advices from those who are experts of altcoins tradings.
Yes indeed. Trading is the war of highly intellectual decision makers. If you are weak, you are the victim of the pioneer in trading. They will just play with you until you surrender. In trading you must know how the movement of the market price works. And if Alt coin trading is being discussed. You MUST know what are the tactics the devs and the veterans are using to troll the noob traders to take advantage to them. I recommend to have a research first and to seek assistance and advice to expert ones (as discussed above).
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densuj (OP)
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February 12, 2017, 07:29:27 AM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading. I agree and I would vote for long term strategy. I think it's safer in terms of profit possibility and also lot less stressful. With short term and daily trading you have to be stuck for Bitcoin market 24/7 otherwise you might mis som realy important and lose money quickly so long term is better choice Yes I agree with you, the beneficial of trading use long term strategy is we can not be traping in manipulation of price from the traders with large of capital, the other beneficial of long term strategy in trading, we can know about the trend of price so we can follow the trend and never fight the trend.
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Zadicar
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February 12, 2017, 07:49:40 AM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading. I agree and I would vote for long term strategy. I think it's safer in terms of profit possibility and also lot less stressful. With short term and daily trading you have to be stuck for Bitcoin market 24/7 otherwise you might mis som realy important and lose money quickly so long term is better choice Yes I agree with you, the beneficial of trading use long term strategy is we can not be traping in manipulation of price from the traders with large of capital, the other beneficial of long term strategy in trading, we can know about the trend of price so we can follow the trend and never fight the trend. As a trader we should really not go on opposite way of the trend and thats why we always seek for the best time to go with the trend. We cant easily find out if we dont have enough knowledge and experience on trading.Prices are really unpredictable thats why we should be careful.
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poetra2501
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February 12, 2017, 08:18:44 AM |
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Yes, trading really an unpredictable job to do and mostly wrong decisions could result to loss of profit. You can't when to buy or to sell because the trending of the altcoins market is very fluctuating and it also relying on the bitcoin price movement. In order to have that to be nearest to predictions is, you must be able to be updated on whats is happening to the trading site that you have invested shares. Be able to learn the ways of trading ways and seek advices from those who are experts of altcoins tradings.
In now situation of trading, indeed we should really be able to master the market price and are able to analyze the market price. That means we can't trade with alone, we must have the trading community to share any information about price market or other.
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densuj (OP)
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February 16, 2017, 06:45:09 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?
yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong prediction Yes that is why in trading we must have management of money and risk, so we can doing cut lost if we are wrong in prediction of price. So we are not too much losing money in trading because there is clear rules for stop lost although trading is unpredictible job.
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conected
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February 16, 2017, 08:40:56 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?
yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong prediction Yes that is why in trading we must have management of money and risk, so we can doing cut lost if we are wrong in prediction of price. So we are not too much losing money in trading because there is clear rules for stop lost although trading is unpredictible job. - Right, in trading, money management is very important. It helps us reduce risk, trading is unpredictable job, so I think we need to acceptable loss, I see a lot of people stubborn, do not accept losses and then they lose all - I just want to say trading will have winners and will have the losers, we need to acceptable and do not be so stubborn
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deisik
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February 16, 2017, 03:31:42 PM Last edit: February 17, 2017, 07:25:43 PM by deisik |
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Yes, trading really an unpredictable job to do and mostly wrong decisions could result to loss of profit. You can't when to buy or to sell because the trending of the altcoins market is very fluctuating and it also relying on the bitcoin price movement. In order to have that to be nearest to predictions is, you must be able to be updated on whats is happening to the trading site that you have invested shares. Be able to learn the ways of trading ways and seek advices from those who are experts of altcoins tradings.
Yes indeed. Trading is the war of highly intellectual decision makers. If you are weak, you are the victim of the pioneer in trading. They will just play with you until you surrender. In trading you must know how the movement of the market price works. And if Alt coin trading is being discussed. You MUST know what are the tactics the devs and the veterans are using to troll the noob traders to take advantage to them I'd rather say it is the war between price manipulators for the money of the rest of traders. It is unlikely that it will the war between the manipulators themselves since they are not there for losses but for profits. If they see that there is no sure way to make money they will just stay away from trading. So the only possible way to trade successfully long term is to remain with the winning party But unless you have an insider information, this is a very hard thing to accomplish
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Reid
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February 16, 2017, 03:38:26 PM |
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Yes, trading really an unpredictable job to do and mostly wrong decisions could result to loss of profit. You can't when to buy or to sell because the trending of the altcoins market is very fluctuating and it also relying on the bitcoin price movement. In order to have that to be nearest to predictions is, you must be able to be updated on whats is happening to the trading site that you have invested shares. Be able to learn the ways of trading ways and seek advices from those who are experts of altcoins tradings.
Yes indeed. Trading is the war of highly intellectual decision makers. If you are weak, you are the victim of the pioneer in trading. They will just play with you until you surrender. In trading you must know how the movement of the market price works. And if Alt coin trading is being discussed. You MUST know what are the tactics the devs and the veterans are using to troll the noob traders to take advantage to them I'd rather say it is the war between price manipulators for the money of the rest of traders. It is unlikely that it will the war between the manipulators themselves since they are not there for losses but for profits. If they see that there is no sure way to make money they will just stay away. So the only possible way to trade successfully long term is to stay with the winning party But unless you have an insider information, this is a very hard thing to accomplish I agree with you. Those big amount holders have the ace up their sleeve. Whenever there is a big wave that comes we just have to go with it. One problem is panicking in a little movement, we have to be sure that every drop will be counted. Without an inside informant that is really hard, we can just rely on predictions which have a little low percentage that will come true. I suggest getting to know the history prices for more information and instinct.
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Monnt
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February 16, 2017, 06:34:31 PM |
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in trading, money management is very important. It helps us reduce risk, trading is unpredictable job, so I think we need to acceptable loss, I see a lot of people stubborn, do not accept losses and then they lose all
If we learn to accept losses as part of trading plan, then we need not to worry about it a lot and hence we will be able to move forward for good technical analysis for the next day trading. We always must need to have a proper trading plan to tackle the unpredictable nature of trading. For that we need to accept losses and need to move forward easily.
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bitbob82
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February 17, 2017, 07:21:14 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?
yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong prediction yes that is very difficult to predict about trading bitcoin but still there are so many people who still can predict about bitcoin in a good way. and mostly their prediction proves as correct.
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blackhawkeye1912
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February 17, 2017, 09:27:11 PM |
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As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
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Natalim
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February 18, 2017, 05:47:28 AM |
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As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
There's a lot of applications now that can help you with analyzing the information you have in trading, we are in the present situation of the world now where technology is fast moving, we should adopt with it to make our lives easier. The faster we analyze the faster we can make a decision, if our decision is right, profit is on the way. Day traders should educate themselves more and search for ways to ease their job.
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upsidedown75
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February 18, 2017, 08:18:32 AM |
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The faster we analyze the faster we can make a decision, if our decision is right, profit is on the way.
No, this is not the right way how a trader must work to tackle the unpredictable nature of trading. We should not show our rush in technical analysing as well as in profit making from trading. We must always follow slow and steady philosophy for our analysis. Strong technical analysis will give good results else trading will remain unpredictable always.
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DoublerHunter
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February 18, 2017, 11:08:59 AM |
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As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
This is what i'm doing up to now. I don't put all my time in seating front of my laptop or desktop because i just spend 2-3 hours on monitoring the altcoin market especially the coins that i invested in and after i analyze the both sides of the orders,price chart and the latest update on threads then i will make an conclusion and base on that decision i can barely predict if the price will go down or up.
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bitjoin
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February 18, 2017, 11:15:48 AM |
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i wouldnt say trading is unpredictable, it jjust need a great knowledge in what are you trading and trends of the market, be updated with the news, same thing happens with bitcoins, price depends on the market, some trends, like china and its position with bitcoins, the movement of the market, sales and buys and some other factors that can be reflected in btc prices. So the most important it s to know how to interpret the market trends
but to me i think trading is not unpredictable job, there are so many expert people who have a lot of experience good skills in trading and they also have too good experience in trading, therefore they can predict about trading in more better way and their prediction mostly proved as correct. and that the reason that we consider trading as less risky as compare to to gambling. Experienced traders can use their level of knowledge as an advantage where they know how to handle, but no matter how good or professional you are at trading, something as guaranteed profits does not exist. High skilled traders make enough profits where they don't get bothered too much if they happen to go wrong once or twice. But then again, of course it's less risky than gambling. What legitimate investment or tradable asset isn't less risky than plain gambling.... The proof is in the pudding really. Try it for a while with small amount of money, if you do well then invest more time and effort. If you lose money long term this means you suck and should find something else to do, its pretty simple.
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gabmen
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February 18, 2017, 02:36:08 PM |
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As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
This is what i'm doing up to now. I don't put all my time in seating front of my laptop or desktop because i just spend 2-3 hours on monitoring the altcoin market especially the coins that i invested in and after i analyze the both sides of the orders,price chart and the latest update on threads then i will make an conclusion and base on that decision i can barely predict if the price will go down or up. Yeah sometimes it only takes an hour or less for experienced traders to read how altcoins move and then they could place a buy order already. That's the good thing about trading. You don't have to exhaust a lot of time especially if you're an experienced one because these platforms will do it for you. I trade in both yobit and cryptopia and sometimes in poloniex and it's very convenient. I place a buy order and check if it pushes through a couple of hours later then i place a sell order. I just check it roughly every 4 or 5 hours just to be updated
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grandy
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February 19, 2017, 09:19:58 AM |
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As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
This is what i'm doing up to now. I don't put all my time in seating front of my laptop or desktop because i just spend 2-3 hours on monitoring the altcoin market especially the coins that i invested in and after i analyze the both sides of the orders,price chart and the latest update on threads then i will make an conclusion and base on that decision i can barely predict if the price will go down or up. but to me i think bitcoin brought a big change in my life. i most set in front of my laptop and study bitcoin market, some time play gambling, writing post and many more. i can say that i am addicted to bitcoin and want to study about it all the time. i really limited all my other activities for bitcoin.
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