cryp24x
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February 26, 2017, 10:33:34 PM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
but i think trading is predictable job but only for those people who ave good experience in trading, they know the good and bad time in trading and most of the time they really give a good prediction about bitcoin, which proof as correct. Even very skilled traders won't reach a 70% rate of successful prediction which can heavily damage your capital especially if you don't know when to cut your looses. You are right its not easy job even you are very good in trading because its completely unpredictable if you are going to do any experiment then this can kill you because its just like gamble any thing can happen any time Trading is predictable if you know how to do it. If you trade blindly then it is really predictable. What I am trying to say is trading have some indicators that will give you hints on the movement of the market. We should learn this skill if we want to profit in trading.
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richardsNY
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February 26, 2017, 10:52:45 PM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
but i think trading is predictable job but only for those people who ave good experience in trading, they know the good and bad time in trading and most of the time they really give a good prediction about bitcoin, which proof as correct. Even very skilled traders won't reach a 70% rate of successful prediction which can heavily damage your capital especially if you don't know when to cut your looses. You are right its not easy job even you are very good in trading because its completely unpredictable if you are going to do any experiment then this can kill you because its just like gamble any thing can happen any time Trading is predictable if you know how to do it. If you trade blindly then it is really predictable. What I am trying to say is trading have some indicators that will give you hints on the movement of the market. We should learn this skill if we want to profit in trading. Experience is something traders build up during years of intensive trading. Even the best traders in the market can't always rely on their skills as the market remains unpredictable, unless you are the one moving the market. The far majority (95%) of the people that are trading only suffer losses. These losses are flowing into the pockets of the lucky (5%) elite.
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Raja_MBZ
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February 26, 2017, 11:10:22 PM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
but i think trading is predictable job but only for those people who ave good experience in trading, they know the good and bad time in trading and most of the time they really give a good prediction about bitcoin, which proof as correct. Even very skilled traders won't reach a 70% rate of successful prediction which can heavily damage your capital especially if you don't know when to cut your looses. You are right its not easy job even you are very good in trading because its completely unpredictable if you are going to do any experiment then this can kill you because its just like gamble any thing can happen any time Trading is predictable if you know how to do it. If you trade blindly then it is really predictable. What I am trying to say is trading have some indicators that will give you hints on the movement of the market. We should learn this skill if we want to profit in trading. Experience is something traders build up during years of intensive trading. Even the best traders in the market can't always rely on their skills as the market remains unpredictable, unless you are the one moving the market. The far majority (95%) of the people that are trading only suffer losses. These losses are flowing into the pockets of the lucky (5%) elite. Well than 95% to 5% ratio definitely scares me, and tells the reason why I always end up with a loss. The one thing which I've learned with my trading is that, trading can't workout as a secondary job. You have to have full focus. Good knowledge of what you're buying and why you think its going to have its value increased in near future is definitely required. Without knowledge, there is a good chance that you'll end up being in that 95% losers.
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JeffBrad12
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February 26, 2017, 11:48:48 PM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
Also money management is important part of trading. The money management is the key. Put your money in one place and every time you will feel worried about your investment. because you will lose a lot of your money. But doing the money management for your amount to take the best decision about your amount.
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upsidedown75
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February 27, 2017, 07:19:50 AM |
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The money management is the key. Put your money in one place and every time you will feel worried about your investment. because you will lose a lot of your money. But doing the money management for your amount to take the best decision about your amount.
I heard money management will ensure your long run with trading but it will not help for profit making with trading. Moreover I do not understand how money management will solve the challenge of unpredictability of trading. Only technical analysis will solve the unpredictable nature of trading. By technical analysis we will come to know where to buy and where to book profits, whereas money management will decide how many bitcoin we need to try and where to put our stop loss kind of things.
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Supercrypt
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February 27, 2017, 03:48:38 PM |
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Even though there is a real value for Bitcoin, the easiest way to reduce stress would be to hold the value until a desirable increase comes to play. Amounts change very easily and would likely produce less stress if an enormous amount is made before the coins are resold.
Trading without fear of losses is hard to get to so be sure to stick to a strategy in order for the full benefit.
The trading job involves a lot of decision makings and being able to make the right choice at the right time and the best way to avoided losses is to make an objective when you start you sat for example that when the price reaches this I am going to sell, and yes there will times when you think that you might made the wrong choice but just give it time the prices are always changing and you will reach your point someday.
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richardsNY
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February 27, 2017, 03:54:52 PM |
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Well than 95% to 5% ratio definitely scares me, and tells the reason why I always end up with a loss.
The one thing which I've learned with my trading is that, trading can't workout as a secondary job. You have to have full focus. Good knowledge of what you're buying and why you think its going to have its value increased in near future is definitely required. Without knowledge, there is a good chance that you'll end up being in that 95% losers.
Yep. For the majority of the people 'trading' should be nothing more than an occasional practice. If you just stick to buy low and sell high, then it's more than enough for the average person. Frequent traders put themselves into greater risks as they try to benefit from basically every market situation. If you lack proper market understanding, then it's basically a losing game from there as you can't endlessly depend on luck to help you.
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roadbits
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February 27, 2017, 06:55:47 PM |
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Well than 95% to 5% ratio definitely scares me, and tells the reason why I always end up with a loss.
The one thing which I've learned with my trading is that, trading can't workout as a secondary job. You have to have full focus. Good knowledge of what you're buying and why you think its going to have its value increased in near future is definitely required. Without knowledge, there is a good chance that you'll end up being in that 95% losers.
Yep. For the majority of the people 'trading' should be nothing more than an occasional practice. If you just stick to buy low and sell high, then it's more than enough for the average person. Frequent traders put themselves into greater risks as they try to benefit from basically every market situation. If you lack proper market understanding, then it's basically a losing game from there as you can't endlessly depend on luck to help you. The trading is not like gambling, and we should put more focus on this method. This is a very risky method but once you get an idea how to trade and what time to trade then this is an easy method to make money from Bitcoin. The more important thing is you should always keep one eye on market price because complete trading depends on market price. If you show laziness here, you will end with the big loss.
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densuj (OP)
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February 28, 2017, 10:52:02 AM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
Also money management is important part of trading. And the management of risk in trading is important too, because if we are wrong prediction the price and the trend of price become down, we must do cut lost, if we don't do it will be lost money for long time in trading, it is mean we against the trend of markets.
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Weatherby
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February 28, 2017, 01:01:32 PM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
If you are able to manage you money and if you are following the news about the coin you are investing and if you can control your emotions then trading can become a easy job and if you are looking for an easy money scheme trading is not meant for you and it might be unpredictable.
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tambok
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February 28, 2017, 03:32:02 PM |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
If you are able to manage you money and if you are following the news about the coin you are investing and if you can control your emotions then trading can become a easy job and if you are looking for an easy money scheme trading is not meant for you and it might be unpredictable. Trading is also like learning to control your emotional feelings, don't be too excited when the price goes up or feel devastated when goes down. By accepting losses can be part of winning trade, yes it is unpredictable but it is always in your hands how you will earn through it. It is always a matter of chance and choice.
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richardsNY
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February 28, 2017, 05:57:33 PM |
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Well than 95% to 5% ratio definitely scares me, and tells the reason why I always end up with a loss.
The one thing which I've learned with my trading is that, trading can't workout as a secondary job. You have to have full focus. Good knowledge of what you're buying and why you think its going to have its value increased in near future is definitely required. Without knowledge, there is a good chance that you'll end up being in that 95% losers.
Yep. For the majority of the people 'trading' should be nothing more than an occasional practice. If you just stick to buy low and sell high, then it's more than enough for the average person. Frequent traders put themselves into greater risks as they try to benefit from basically every market situation. If you lack proper market understanding, then it's basically a losing game from there as you can't endlessly depend on luck to help you. The trading is not like gambling, and we should put more focus on this method. This is a very risky method but once you get an idea how to trade and what time to trade then this is an easy method to make money from Bitcoin. The more important thing is you should always keep one eye on market price because complete trading depends on market price. If you show laziness here, you will end with the big loss. Trading IS gambling when you blindly buy at certain price levels and then just hope that you will bank. Majority of the people here thinking that when you know what to do that you can earn money easily, simply don't know what they are talking about. There isn't such a thing as easy profit making when it comes to trading. If you really believe that, then you are underestimating the Bitcoin market with all its volatility.
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Taskford
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March 01, 2017, 08:26:40 AM |
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Well than 95% to 5% ratio definitely scares me, and tells the reason why I always end up with a loss.
The one thing which I've learned with my trading is that, trading can't workout as a secondary job. You have to have full focus. Good knowledge of what you're buying and why you think its going to have its value increased in near future is definitely required. Without knowledge, there is a good chance that you'll end up being in that 95% losers.
Yep. For the majority of the people 'trading' should be nothing more than an occasional practice. If you just stick to buy low and sell high, then it's more than enough for the average person. Frequent traders put themselves into greater risks as they try to benefit from basically every market situation. If you lack proper market understanding, then it's basically a losing game from there as you can't endlessly depend on luck to help you. The trading is not like gambling, and we should put more focus on this method. This is a very risky method but once you get an idea how to trade and what time to trade then this is an easy method to make money from Bitcoin. The more important thing is you should always keep one eye on market price because complete trading depends on market price. If you show laziness here, you will end with the big loss. Trading IS gambling when you blindly buy at certain price levels and then just hope that you will bank. Majority of the people here thinking that when you know what to do that you can earn money easily, simply don't know what they are talking about. There isn't such a thing as easy profit making when it comes to trading. If you really believe that, then you are underestimating the Bitcoin market with all its volatility. When you can manage your money properly, trading could be profitable.
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deisik
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March 01, 2017, 08:36:43 AM |
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Well than 95% to 5% ratio definitely scares me, and tells the reason why I always end up with a loss.
The one thing which I've learned with my trading is that, trading can't workout as a secondary job. You have to have full focus. Good knowledge of what you're buying and why you think its going to have its value increased in near future is definitely required. Without knowledge, there is a good chance that you'll end up being in that 95% losers.
Yep. For the majority of the people 'trading' should be nothing more than an occasional practice. If you just stick to buy low and sell high, then it's more than enough for the average person. Frequent traders put themselves into greater risks as they try to benefit from basically every market situation. If you lack proper market understanding, then it's basically a losing game from there as you can't endlessly depend on luck to help you. The trading is not like gambling, and we should put more focus on this method. This is a very risky method but once you get an idea how to trade and what time to trade then this is an easy method to make money from Bitcoin. The more important thing is you should always keep one eye on market price because complete trading depends on market price. If you show laziness here, you will end with the big loss. Trading IS gambling when you blindly buy at certain price levels and then just hope that you will bank. Majority of the people here thinking that when you know what to do that you can earn money easily, simply don't know what they are talking about. There isn't such a thing as easy profit making when it comes to trading. If you really believe that, then you are underestimating the Bitcoin market with all its volatility. When you can manage your money properly, trading could be profitable Money management won't help you earn profits on its own In practice, if we are talking about money management done right, it would dictate you to stay away from trading altogether in 99% of cases (unless you know how to milk the market). And this is not about just Bitcoin market, it is basically the same with any financial market which is essentially a gambling for the majority of traders (and those reckoning themselves as such). Many learn it the hard way, some don't learn it at all (until it is too late and they have lost all)
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mindrust
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March 01, 2017, 09:12:24 PM Last edit: March 02, 2017, 09:51:53 AM by mindrust |
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It is not if you work for JP Morgan it seems. http://www.zerohedge.com/news/2017-03-01/jpmorgans-trading-desk-lost-money-just-two-days-past-4-yearsAccording to the article, JP only lost money only 2 days in the past 4 years. Does trading sound unpredictable to you now? It is unpredictable only if you don't have enough information about what you are trading. Let's say you are trading bitcoins. Would you buy bitcoins from 1200$? If you answer "yes", based on which information? The thing is %99.99 of the btc traders don't have a slightest clue about what/why they are trading. When you trade stocks for example; you probably have an expectation about the company based on your public or private information about the company so you short or long the stock. When it comes to bitcoin; people only have expectations. (good or bad) And those expectations usually based on no actual information.
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RoommateAgreement
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March 02, 2017, 08:29:19 AM |
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It is not if you work for JP Morgan it seems. http://www.zerohedge.com/news/2017-03-01/jpmorgans-trading-desk-lost-money-just-two-days-past-4-yearsAccording to the article, JP only lost money only 2 days in the past 4 years. Does trading sound unpredictable to you know? It is unpredictable only if you don't have enough information about what you are trading. Let's say you are trading bitcoins. Would you buy bitcoins from 1200$? If you answer "yes", based on which information? The thing is %99.99 of the btc traders don't have a slightest clue about what/why they are trading. When you trade stocks for example; you probably have an expectation about the company based on your public or private information about the company so you short or long the stock. When it comes to bitcoin; people only have expectations. (good or bad) And those expectations usually based on no actual information. this was a good answer, and thanks for sharing that link. i agree, people who are trading bitcoin and also by extention altcoins, only have expectations and most of the time these expectations are unreal and based on nothing and they want to acheieve it right away. that is why we see too many weak hands in the market these days.
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Buying the dip...
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deisik
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March 02, 2017, 04:45:47 PM |
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It is not if you work for JP Morgan it seems. http://www.zerohedge.com/news/2017-03-01/jpmorgans-trading-desk-lost-money-just-two-days-past-4-yearsAccording to the article, JP only lost money only 2 days in the past 4 years. Does trading sound unpredictable to you now? It is unpredictable only if you don't have enough information about what you are trading. Let's say you are trading bitcoins. Would you buy bitcoins from 1200$? If you answer "yes", based on which information? The thing is %99.99 of the btc traders don't have a slightest clue about what/why they are trading In fact, this doesn't bode well for ordinary traders Basically, if they really lost money only 2 days within 4 years (which may well be the case), it means that someone else had been losing all this time (barring only those two lucky days for him). I suspect that the real question here should be not how predictable or unpredictable the market is for JP Morgan but how much of this market they have been manipulating. To any sane individual it should be clear as day that they have been so profitable because they are somehow milking or rigging the market and not because their traders are so good in honest competition
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legendbtc
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March 02, 2017, 04:53:59 PM |
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Trading is unpredictable to people who don't have any knowledge about trading and it is predictable for people who is expert in trading. We have to follow different type techniques when you are trading because if you fail to make money in one and you have to implement other techniques to make money.
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Sled
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March 02, 2017, 06:05:39 PM |
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Trading is unpredictable to people who don't have any knowledge about trading and it is predictable for people who is expert in trading. We have to follow different type techniques when you are trading because if you fail to make money in one and you have to implement other techniques to make money.
If you fail in the first part of your trading then think it as a lesson for you to do better decision in your future trades. I agree that trading is predictable job for people who are expert or we can just say those people who can read threads,news,updates and chart and also make it as a basis in creating decision. People like that is the one who earn decent amount of profit in trading because he is not too lazy to follow those things.
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MONKEYJUNK
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March 02, 2017, 06:52:06 PM |
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Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.
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