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Author Topic: Trading is unpredictable job.  (Read 235917 times)
DevilSlayer
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July 28, 2017, 07:35:15 AM
 #1841

Yes, it is. Therefore, you need to learn about trading so that you can make trading more predictable. There are many possibilities when you trade, the more you learn, the more number of possibilities will be reduced. Traders do know how to make money from trading
to me i think that if a person have good knowledge, experience and knowledge about trading then you can really predict about trading. i think there are a lot of people who are really giving good prediction about bitcoin.

I agree and I can atest that if you do have knowledge and experience about trading then you can predict what happens next with trading. I know someone who was lucky enough to gain that knowledge. He read ebooks and educated himself by just googling things about trading and now he is sharing to us what he did to achieve that knowledge. He always say to never give up and never stop learning. Trading maybe unpredictable yes that's true but you can find ways to predict them if you are just inclined and driven to what you want to do.
Knowledge is very important in the trading world. The knowledge is the key for you to become a good trader but even though you have enough knowledge I can say that trading is really unpredictable job because you can't even sure if you your token that you hold will rise up or not.
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July 28, 2017, 09:26:43 AM
 #1842

I think the thing is people don't treat trading like a job.  They don't put in 6-8 hours a day researching and learning.  Trying out new things.  They just want to do it along with their job and this is what makes it hard for a lot of people in my opinion.  If people looked at it like a job then it'd help a lot more people get into it easier.

At the start of one's trading journey, it's really hard to focus on it 100% because you don't know what will happen in the future. You don't know if you're going to yield enough profit for trading to replace your current day job. You also don't even know if trading is your cup of tea. At first, trading is not really profitable because you are most likely to experience a loss since you're still just starting out. You aren't a master of reading charts yet and you haven't mastered the trading techniques yet.

That's why people give it little time at first and once they got used to it, they start allocating more time for it.

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John777
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July 28, 2017, 10:16:24 AM
 #1843

Trade is unpredictable only if you treat it like a gambling game and succumb to only emotions. Experienced traders patiently analyze and receive a constant profit.

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July 28, 2017, 10:25:41 AM
 #1844

Yes, it is. Therefore, you need to learn about trading so that you can make trading more predictable. There are many possibilities when you trade, the more you learn, the more number of possibilities will be reduced. Traders do know how to make money from trading
to me i think that if a person have good knowledge, experience and knowledge about trading then you can really predict about trading. i think there are a lot of people who are really giving good prediction about bitcoin.

I agree and I can atest that if you do have knowledge and experience about trading then you can predict what happens next with trading. I know someone who was lucky enough to gain that knowledge. He read ebooks and educated himself by just googling things about trading and now he is sharing to us what he did to achieve that knowledge. He always say to never give up and never stop learning. Trading maybe unpredictable yes that's true but you can find ways to predict them if you are just inclined and driven to what you want to do.
Knowledge is very important in the trading world. The knowledge is the key for you to become a good trader but even though you have enough knowledge I can say that trading is really unpredictable job because you can't even sure if you your token that you hold will rise up or not.

Yes, every trader should have minimum basics about trading. Many people are looking for short term profits and will end up in the loss.
Trading always needs future prediction of price and he can hold for the long term in order to make profits on it. Otherwise, if you look for short term profits some time you may lose money.

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July 28, 2017, 10:42:03 AM
 #1845

Yes, it is. Therefore, you need to learn about trading so that you can make trading more predictable. There are many possibilities when you trade, the more you learn, the more number of possibilities will be reduced. Traders do know how to make money from trading
to me i think that if a person have good knowledge, experience and knowledge about trading then you can really predict about trading. i think there are a lot of people who are really giving good prediction about bitcoin.

I agree and I can atest that if you do have knowledge and experience about trading then you can predict what happens next with trading. I know someone who was lucky enough to gain that knowledge. He read ebooks and educated himself by just googling things about trading and now he is sharing to us what he did to achieve that knowledge. He always say to never give up and never stop learning. Trading maybe unpredictable yes that's true but you can find ways to predict them if you are just inclined and driven to what you want to do.
Knowledge is very important in the trading world. The knowledge is the key for you to become a good trader but even though you have enough knowledge I can say that trading is really unpredictable job because you can't even sure if you your token that you hold will rise up or not.

Yes, every trader should have minimum basics about trading. Many people are looking for short term profits and will end up in the loss.
Trading always needs future prediction of price and he can hold for the long term in order to make profits on it. Otherwise, if you look for short term profits some time you may lose money.

Yes right! i will add a point that if you are interested in trading then you must do some market research and just observe what is happening in the market then invest according to our budget. If you do not have any knowledge about trading then stay away because you may loss all your investment.
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July 28, 2017, 10:46:43 AM
 #1846

I was not believe that trading is unpredictable, maybe for newbies yes, because they can't know the fluctuation of coins or they can't know how to read graph. But to the people or users who growth in trading system I think predicting of fluctuation of altcoins is so easy for them.
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July 28, 2017, 11:20:14 AM
 #1847

Exchanging is the craft of teaching speculating. There will dependably be misfortunes and an uncountable measure of elements that impact the cost. No one can anticipate the future so exchanging is eccentric. There is no grantee that you will profit from exchanging.
Trading is the hardest way to make easy money

Trading requires only patience in determining price momentum, gambling risk is much greater than trading, trading is still predictable from various factors, and should always use initial funding for trial and error until we are in a position that's absolutely sure to make transactions
You are right, trading is better than gambling because a lot of people have proven that making them profitable while in gambling
most of people are losing their money and they just forget the loses because they want to have fun.
In trading, you cannot have fun but you make money which is important if money is your goal.

When you are a very skilled trader, money will flow like a river - because you will most of the time have a winning trade versus a losing one. Why? Because you can be able to effectively gauge the market and where the trend is going to go. Although you also have some losing trades but because of your skill, your losses will be well compensated with a number of your winning trades.
In my opinion, trading is a profession. It’s not a gambling where you just need a great luck. To perform well in trading, you need great skills and sound knowledge of related subjects such as mathematics, human psychology etc. As you said, all depends on the trading skills of the player. If the person knows when to sell and buy; how to read graphs and is quite good at predicting the future of coins, he is definitely going to make massive profit in crypto trading.

I fully agree with you, besides trading skills, one can track all the news around a coin and always be awake. Even some private bots, programs will be beneficial for them.
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July 28, 2017, 02:42:54 PM
 #1848

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?

Well, I think "Mind" should be "looking for good informations to invest" because you can surely predict Altcoins markets when you have real information about that coins you are holding, basically.
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July 28, 2017, 03:53:23 PM
 #1849

Yes, it is. Therefore, you need to learn about trading so that you can make trading more predictable. There are many possibilities when you trade, the more you learn, the more number of possibilities will be reduced. Traders do know how to make money from trading
to me i think that if a person have good knowledge, experience and knowledge about trading then you can really predict about trading. i think there are a lot of people who are really giving good prediction about bitcoin.

I agree and I can atest that if you do have knowledge and experience about trading then you can predict what happens next with trading. I know someone who was lucky enough to gain that knowledge. He read ebooks and educated himself by just googling things about trading and now he is sharing to us what he did to achieve that knowledge. He always say to never give up and never stop learning. Trading maybe unpredictable yes that's true but you can find ways to predict them if you are just inclined and driven to what you want to do.

I don't think your friend got lucky at all. He made his way to learning how to trade. He didn't get lucky, you don't learn something by luck. You don't get knowledgeable about something by luck. All of these require you to actually do something. You wake up early, you read books, and you apply what ever you have learned. After reading things, you start practicing and little by little you're starting to actually "get it".

I want to say that you should do the same thing that he did if you want to be like him. Of course he's not going to tell everything that he knows about trading and his knowledge can't just be transferred to you. You have to undergo the same process as he did.
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July 28, 2017, 09:31:39 PM
 #1850

Trading is an unpredictable job if you don't have any trading references.

Personallly I think the only way to make a profit in trading is being well informed.

I focus on reading articles and attending to Crypto meetings.

Also I found some decent free software that actually predicts the future movement of coins. www.cryptoforesight.org

Trading will always be unpredictable because there are so many factors to consider.

Anyway that's my opinion, let me know if this helped you out.




I think that it's not in vain that gambling is always compared with the road. Here is just one nuance, with trade you can minimize risks and losses. What can not be said about gambling.
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July 28, 2017, 09:45:53 PM
 #1851

Trade is unpredictable only if you treat it like a gambling game and succumb to only emotions. Experienced traders patiently analyze and receive a constant profit.

If that was true everyone would be doing it.  Clearly there is some luck involved.  No one is able to 100% make every call.  People make safe bets, and some are better than others.  But theres still a good chunk of luck there.
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July 28, 2017, 11:47:27 PM
 #1852

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?


Exactly trading is hard to guess but needs more observation and mature experience, all can be learned
What is needed in trading is the capital, experience, patience and most important is the feeling, what your heart will usually lead us towards where it also helps determine our success in trading
good luck
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July 29, 2017, 03:06:15 AM
 #1853

I think the thing is people don't treat trading like a job.  They don't put in 6-8 hours a day researching and learning.  Trying out new things.  They just want to do it along with their job and this is what makes it hard for a lot of people in my opinion.  If people looked at it like a job then it'd help a lot more people get into it easier.

There are people that are treating trading as a job. The nature of this career is uncertain, there will be days/weeks/months that you will be earning good with your trades but there will be the same times that there will be no progress or zero profit at all. But if your passion is to trade, you will stay and others are working here just for part time.

It takes passion and dedication in order to be a good trader. Of course, this is apart from all the necessary skills you need to learn and master. It is a wild out there and if you are coming over without any knowledge and skills at all, it is like entering in the battle field without any training and right equipment.

Also add the continuous learning, a trader should always learn from other traders and learn from their experiences. And with your own experience you will learn a lot from it. It's true, it's likely you will go into a war without any arms or ammo to use for firing. But after your struggle and hard times with trading it will be worth.



 

 

 

 

 

 


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July 29, 2017, 03:58:04 PM
 #1854

I think the thing is people don't treat trading like a job.  They don't put in 6-8 hours a day researching and learning.  Trying out new things.  They just want to do it along with their job and this is what makes it hard for a lot of people in my opinion.  If people looked at it like a job then it'd help a lot more people get into it easier.

There are people that are treating trading as a job. The nature of this career is uncertain, there will be days/weeks/months that you will be earning good with your trades but there will be the same times that there will be no progress or zero profit at all. But if your passion is to trade, you will stay and others are working here just for part time.
agreed, when people take trading as a side option then it’s too much difficult for them and they blame the trade business for this. As you said for trade we have to work yes it is right we have to work to make it predictable. I mean if you want to trade then you have to make complete focus on it then you will make profit from it otherwise you just waste your money and time.
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July 30, 2017, 09:33:38 AM
 #1855

Most of the time predicting the price is imposible. But there are times that the price predicting is pretty obvious. So yes. If you think you can predict everything you are delusional. If you want to stay less random - do a lot less of a trades.

Those moves of prices are usualy when the price seems to can not go up, there where you expect a price corection to happen.
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July 30, 2017, 11:29:49 AM
 #1856

Trading is really unpredictable no one can know if when you buy or sell. But in my own if i would like to buy bitcoin or altcoins i set a price lower that i feel to reach that price. If my set buy is reach that is the time i set sell again. That is my own figured about bitcoin and altcoin.
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July 30, 2017, 11:33:01 AM
 #1857

Trading is really unpredictable no one can know if when you buy or sell. But in my own if i would like to buy bitcoin or altcoins i set a price lower that i feel to reach that price. If my set buy is reach that is the time i set sell again. That is my own figured about bitcoin and altcoin.
Yes for me it is just like me until now i am still studying what is trading it so hard to me to start trading so i am focus now on forum.
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July 30, 2017, 11:44:02 AM
 #1858

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?


The three elements you mentioned are good enough in my opinion, but there is one element that you should be interested in trading that is "Strategy".

Not enough just capital, and controlling your emotions must have a reliable strategy in trading. There are several strategies you can learn and I hope you read this forum.
evader11
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July 30, 2017, 12:02:54 PM
 #1859

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, there are many people are losing their money because of trading and that is normal. Trading is really unpredictable job because even the professional traders will mistake in trading because we know that they are not perfect. But we know that we fastly learned from mistakes and I am experiencing that so for me, as advice, buy at low peak and sell at high peak and you will never lose anymore.

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July 30, 2017, 01:00:00 PM
 #1860

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?


The three elements you mentioned are good enough in my opinion, but there is one element that you should be interested in trading that is "Strategy".

Not enough just capital, and controlling your emotions must have a reliable strategy in trading. There are several strategies you can learn and I hope you read this forum.
You can develop your strategies as definitely you can learn more along the way and your experience is your best teacher.
However, if you do not have enough money to be use in your venture in trading, everything you work for will become useless, you need
money to gamble and if you are successful that is when you will be satisfied and that happened because you risk your money.

Just like they say, we can only know if we are good if we are willing to risk our money on the strategies we believe will work for us.

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