terrate
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Activity: 362
Merit: 100
Newbie in online currency , love learning
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March 07, 2017, 05:02:34 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 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. They got big capital, just do hedging, even got lose they can hedging back also. Also their set loss can be longer. Portfolio big. So it doesnt matter how many days they loss. Small traders cant do hedging due to capital and cash flow, so more depends on winning ratio. If u feel trading is unpredictable then dont trade. At last, u still need do a decision as you are a trader.
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March 07, 2017, 05:08:17 AM |
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Trading is like gambling if you don't have the enough required knowledge. You need to have an actual experience in making trade, just start with a small capital so while you are doing that, you can learn additional methods that you can use for your next trading...
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terrate
Full Member
 
Offline
Activity: 362
Merit: 100
Newbie in online currency , love learning
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March 07, 2017, 05:09:55 AM |
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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.
You should know your trade is long or short. Yes, longer can be more profit but i dont know it works on altcoin or not. The risk will increase if u reject your analysis then dont adjust your SL.
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Ipwich
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March 07, 2017, 07:08:59 AM |
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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.
You should know your trade is long or short. Yes, longer can be more profit but i dont know it works on altcoin or not. The risk will increase if u reject your analysis then dont adjust your SL. In terms of profitability, I guess short term is more profitable because you can maximize your profit especially when you are good. Actually people chooses to be a day trader because they believe they can profitable with the volatile market of bitcoin or crypto currencies as a whole. Also, I would recommend to have both short term and long term investment as that will give more opportunity to earn but always consider the amount you can afford only.
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mindrust
Legendary
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Activity: 3724
Merit: 2663
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March 07, 2017, 03:02:35 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. 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. They got big capital, just do hedging, even got lose they can hedging back also. Also their set loss can be longer. Portfolio big. So it doesnt matter how many days they loss. Small traders cant do hedging due to capital and cash flow, so more depends on winning ratio. If u feel trading is unpredictable then dont trade. At last, u still need do a decision as you are a trader. I don't think you completely understand what "hedging" means. You can't hedge yourself forever if you are in a losing streak. It is a trump card which meant to be used only a few times when you really need to. If you were to hedge yourself every time you made a trade, then why teh fuck do you even trade... If you read the article, you will see that JP dudes have the information which you don't, that's why they are always on the right side of the trade. It doesn't have anything to do with the capital at all.
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carlerha
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March 07, 2017, 09:33:13 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.
Yes, of course, trading is unpredictable work, but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable. but i think it is not unpredictable for those people who have good experience in trading, they not feel any difficulties to predict about the trading where they are interested.
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JeffBrad12
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March 08, 2017, 01:58:22 AM |
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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.
Yes, of course, trading is unpredictable work, but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable. but i think it is not unpredictable for those people who have good experience in trading, they not feel any difficulties to predict about the trading where they are interested. Do you know who is it? And Is there someone is know about the bigdump on the last night? I think too difficult to predict the market movement such as a big dump by a person.
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Natalim
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March 08, 2017, 05:34:02 AM |
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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.
Yes, of course, trading is unpredictable work, but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable. but i think it is not unpredictable for those people who have good experience in trading, they not feel any difficulties to predict about the trading where they are interested. Do you know who is it? And Is there someone is know about the bigdump on the last night? I think too difficult to predict the market movement such as a big dump by a person. We are just basis our speculation of what we read and observed, it's good if you have many sources so you can confirm it with others if you have a relevant information that will cause a dump. If it's bitcoin, consider the dump as manipulation by the whales, do not believe that there is something bad that will happen with the market as we have seen it many times that crisis happen but still in the end bitcoin is victorious and back in his current price. The more bitcoin will be challenge the more it gets stronger but for traders who want to make profit in short trade, being active in monitoring the market should be their priority.
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marketone
Legendary
Offline
Activity: 1302
Merit: 1000
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March 08, 2017, 06:09:27 AM |
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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.
I can agree with you, trading is always the unpredictable job. But you can analyze the market with the skills you have, try to analyze the market so that you can recover your investment if you are confident about trading. Don't consider trading to be unpredictable only when the market is below the mark. It is always predictable when the price of the coin is always positive.
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gribble
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March 08, 2017, 11:16:56 AM |
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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.
Yes, of course, trading is unpredictable work, but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable. but i think it is not unpredictable for those people who have good experience in trading, they not feel any difficulties to predict about the trading where they are interested. Do you know who is it? And Is there someone is know about the bigdump on the last night? I think too difficult to predict the market movement such as a big dump by a person. I am sure he can not answer your question about it, because basiccally there are not people who know about the future include fluctuation of price and when come dumping or pumping in the markets, we trade just depend on the analysis technical or fundamental and following the trend of price on exchangers.
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ibuddy122505
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March 08, 2017, 03:20:55 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.
Yes, of course, trading is unpredictable work, but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable. but i think it is not unpredictable for those people who have good experience in trading, they not feel any difficulties to predict about the trading where they are interested. Do you know who is it? And Is there someone is know about the bigdump on the last night? I think too difficult to predict the market movement such as a big dump by a person. In my opinion, trading is such of those suitable people who have pretty good skills and knowledge about the digital cryptocurrency also have a good experience in trading network. Though trading is unpredictable job, even you have connected this network a long time. How can you have full confidence about a newcomer currency? But it's sure I would like to commit that this can minimize lost your money in trading.
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Mbah Tyo
Sr. Member
  
Offline
Activity: 532
Merit: 250
1st of May
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March 08, 2017, 04:51:56 PM |
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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 predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
for those who choose to trade than others because they were already well aware of the trading system he's working his usual based on data and results from market price chart reading
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roadbits
Legendary
Offline
Activity: 1092
Merit: 1000
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March 08, 2017, 06:13:27 PM |
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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 predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
for those who choose to trade than others because they were already well aware of the trading system he's working his usual based on data and results from market price chart reading yes, the experienced traders know how to get back there a loss in next Trade. That is why they will take a risk and do trading. But for a newbie, it is a bit tough to become pro trader in a short time. This is a really unpredictable job. How we can not predict the Bitcoin price like that we can not predict the trading profit. Becasue trading fully depends on Bitcoin price.
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Fireblade
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March 09, 2017, 09:06:39 AM |
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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.
I can agree with you, trading is always the unpredictable job. But you can analyze the market with the skills you have, try to analyze the market so that you can recover your investment if you are confident about trading. Don't consider trading to be unpredictable only when the market is below the mark. It is always predictable when the price of the coin is always positive. i do not think that trading is unpredictable job. i think there are such kind of people of who have good experience in trading and they also have good experience in predicting bitcoin. they always do the right prediction in a right time and they make a good amount of money from trading. i am hopeful that one day i will also become good trader and will also do prediction about bitcoin.
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nicolecan13
Member

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Activity: 70
Merit: 10
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March 09, 2017, 10:44:37 AM |
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I think trading is unpredictable job when it comes to having a customer, because sometimes you can have a day that have low number of customer and your profit ofcourse will be low, and you can not know if tomorrow will be a profitable day or the same. Also sometimes there is a day that there is many customers and the trading is good. Ofcourse you can have many profit when that day comes. Its just that you can't predict if you can have big income today or low income.
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Zadicar
Legendary
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Activity: 1736
Merit: 1027
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March 09, 2017, 11:02:12 AM |
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I think trading is unpredictable job when it comes to having a customer, because sometimes you can have a day that have low number of customer and your profit ofcourse will be low, and you can not know if tomorrow will be a profitable day or the same. Also sometimes there is a day that there is many customers and the trading is good. Ofcourse you can have many profit when that day comes. Its just that you can't predict if you can have big income today or low income.
This is also an acceptable comparison regarding on trading and its not really predictable at all cost since prices cant be known on which to go just like on any investments do exist on physical world but the risk on trading is much more compared to business offline.
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sevendust777
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March 09, 2017, 11:51:27 AM |
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For me, trading is unpredictable job when it comes the uptrend and downtrend of the said coins. It is better that we are reading some news or updates of the coins that you invested. But if you have an analyzation on the market you can gain profit well...
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emezh10
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March 09, 2017, 12:34:34 PM |
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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 predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
for those who choose to trade than others because they were already well aware of the trading system he's working his usual based on data and results from market price chart reading yes, the experienced traders know how to get back there a loss in next Trade. That is why they will take a risk and do trading. But for a newbie, it is a bit tough to become pro trader in a short time. This is a really unpredictable job. How we can not predict the Bitcoin price like that we can not predict the trading profit. Becasue trading fully depends on Bitcoin price. Agree with you sir. As we can see trading is a variety of price speculation whether it will pump or dump it is a win or loss in you. So as we can see the price of every altcoin is depends on the price of bitcoin as you say sir. It is hard to be a pro trader you need a lot of experience, I know some traders that is making a big team that all of them will control the market price of a particular coin it takes a large amount of money to control the price of it because you need the half of the volume of that coin or even larger. For me that is pro trading that is not unpredictable anymore because they are the one who are controlling the market price. So in trading you are lucky if you are belong to a group of traders and if not or you are trading a lone that is a big gamble for you to trade in that situation.
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marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
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March 09, 2017, 12:45:52 PM |
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For me, trading is unpredictable job when it comes the uptrend and downtrend of the said coins. It is better that we are reading some news or updates of the coins that you invested. But if you have an analyzation on the market you can gain profit well...
It is really unpredictable but if you are into trading industry you must know when to buy and you have some updates what will be the uptrend today tomorrow and next other day. But if you really addicted on trading you will be successful man in trading anyone can predict what will happen if you really updated.
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Botnake
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March 09, 2017, 12:53:32 PM |
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For me, trading is unpredictable job when it comes the uptrend and downtrend of the said coins. It is better that we are reading some news or updates of the coins that you invested. But if you have an analyzation on the market you can gain profit well...
It is really unpredictable but if you are into trading industry you must know when to buy and you have some updates what will be the uptrend today tomorrow and next other day. But if you really addicted on trading you will be successful man in trading anyone can predict what will happen if you really updated. To predict is the basic job of a trader, if you are not good at it then you will not be successful. We have to figure our the future if we want to make money in trading, this is not an easy job but it's not impossible to make money here, our luck will play if we will also work hard to educate our self because we are going into a learning experience as we go longer in trading.
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