Trading is unpredictable job.

[prtty2gal2]

I have propounded many theory about trading and to my dismay everytime i follow a certain theory market is there to turn it into loss. Right now i am adopting holding position and taking profit when there is abnormal price increase

I have been there and that can pretty much suck. The thing about day trading is that, apart from it being stressful, it is just based sometimes on some high level of prediction. However, there are so many tactics you can use when it comes to long term holding for profit. Although it requires patience sometimes but usually, if it follows a particular pattern and you are able to study it, then you will be making some god amount of money.

[octaviomoreno]

I have propounded many theory about trading and to my dismay everytime i follow a certain theory market is there to turn it into loss. Right now i am adopting holding position and taking profit when there is abnormal price increase

I have been there and that can pretty much suck. The thing about day trading is that, apart from it being stressful, it is just based sometimes on some high level of prediction. However, there are so many tactics you can use when it comes to long term holding for profit. Although it requires patience sometimes but usually, if it follows a particular pattern and you are able to study it, then you will be making some god amount of money.

I know someguys , who has a good method on day trading and he made it successfully . His profit is usually around 3%- 7% per day. But i think he works hard as much as he can. Cause i saw he's busy and using the computer 18/24. So it's not good in real life someways/

[kamBlanV]

well, yes. but i can't get your point here.
these are all obvious things that you need in trading. and everybody who has make a single trade or even have watched a market history knows that this is a hard job but not completely unpredictable.

if it was totally unpredictable then all these traders who are earning a living would be considered gamblers and they could never make any money. they are predicting the market so that to earn money.

Yes, I agree with you. Trading is an unpredictable job. but if we calculate the average income in 1 month. (* for professional trader)
I think Trading is a very profitable job.

[Kevin77]

I have propounded many theory about trading and to my dismay everytime i follow a certain theory market is there to turn it into loss. Right now i am adopting holding position and taking profit when there is abnormal price increase

I think the best way in trading is to hold your coin first and if you see that the price is good then you sell it then buy again when the price is low the most effective is be patient dont be so greddy

This is really the best way to me as well. I got tired of trying to look at the screen almost every now and then. Most times, if you can just have few coins worth holding and the chances of you being able to predict them with their patterns, can be more profitable and less tiring as long as you know when to get in, get out, use the stop loss and also know that every day is absolutely not Christmas.

[Bitcoincole]

I have propounded many theory about trading and to my dismay everytime i follow a certain theory market is there to turn it into loss. Right now i am adopting holding position and taking profit when there is abnormal price increase

I think the best way in trading is to hold your coin first and if you see that the price is good then you sell it then buy again when the price is low the most effective is be patient dont be so greddy

This is really the best way to me as well. I got tired of trying to look at the screen almost every now and then. Most times, if you can just have few coins worth holding and the chances of you being able to predict them with their patterns, can be more profitable and less tiring as long as you know when to get in, get out, use the stop loss and also know that every day is absolutely not Christmas.

Trading is a very challenging job since it requires good analytical skills and clever logical thinking. You have to be good in analyzing charts so that you can end up with good profit or else you will lose coins instead of earning. You really can't predict its rise and fall but what is important is that you have back up plan.

[Japinat]

well, yes. but i can't get your point here.
these are all obvious things that you need in trading. and everybody who has make a single trade or even have watched a market history knows that this is a hard job but not completely unpredictable.

if it was totally unpredictable then all these traders who are earning a living would be considered gamblers and they could never make any money. they are predicting the market so that to earn money.

Yes, I agree with you. Trading is an unpredictable job. but if we calculate the average income in 1 month. (* for professional trader)
I think Trading is a very profitable job.

Professional traders are assume traders who are profitable because they have mastered already the way to analyze the price movement.
Trading is very profitable if you are consistent with making good predictions since the market for the entire cryptocurrency is volatile in nature, if I am good in trading I would focus on it and make this as my source of income.

[nl247]

Yes I do agree with your statement almost 90%, that trading is a unpredictable job but those who have good knowledge of market analysis can predict upto 7 positive trades out of 10 but for that you must have good chart reading knowledge apart from this there are so many things that needs to be check before putting a trade total buying volume total selling volume or is there any upcoming news or event of that particular coin & price action also play an important role in trading that affects the market. News can shake the market badly & can rise the market aggressively.

Trading is really not an easy job. It takes intelligence and wise decission making to succeed in trading. Updates to current status in the market is very important because this will serve us basis for analyzation since price flactuation is unpredictable thus making trading business unpredictable too.

It is not at all easy. I started trading earlier this year, and it took me some guts and some level of getting used to, to be able to quickly adapt. However, it is fun and sweet when you are good at it and then at some point, you start seeing yourself as a mini god of trading who can make right predictions with good analysis. Everything about life is unpredictable... weather, what you wake up to the next day, the challenges that meets you and so on and so forth. It is just left for you to use the environment to make the right moves and the best decisions and if it still does not turn out as expected, at least you tried.

[dx_twisted]

Totally agree with you, there are many factors to consider if you go into trading as a venture especially in regards to cryptocurrency.

Time --- A succesful trader don't rely on bot trading, instead, do manual trading which requires a lot of attention and consume your time as you need to monitor it from time to time. In order to do this, you should greatly manage your time and put a lot of effort into this kind of venture.

Money --- The more money you invest in, there's only path it might lead to, either gain profits or plainly loss. The more money you have to spend, the great the income you will have and vice versa. Thus, you should only risk what you can afford to lose.

Knowledge --- Before going into trading, you should research about the market first. A lot of people that are first time traders always fail as they don't know the in's and out's into this kind of job.

Skill --- Even if you have the basic to advance knowledge for trading, you have to hone your skill first. Like basketball players, even if they are good since elementary once they step further on their career they have to practice and train a lot and not just stick to their god given talent which might turn them into superstars once they go in the PROS.

Luck --- Sometimes, people who are lazy and just want to have some quick money rely only thru their fate and pray that their decision on what trading move they plan will bring them good fortune. There also times that even if you carefully plan, study and research a lot, if it's not your day then definitely it's not.

Emotions --- Like what I mentioned above (luck), if you're dealing with a great loss and you can't control your emotions this might lead you into more loss. If you got lucky but can't properly handle your excitement or happiness this might lead you into a wrong decision that might (again) will lead you to your loss.

Patience --- If you want to gain a lot, patience is the only key. Don't just settle on small gains, go through a wide margin.

[AjithBtc]

well, yes. but i can't get your point here.
these are all obvious things that you need in trading. and everybody who has make a single trade or even have watched a market history knows that this is a hard job but not completely unpredictable.

if it was totally unpredictable then all these traders who are earning a living would be considered gamblers and they could never make any money. they are predicting the market so that to earn money.

Yes, I agree with you. Trading is an unpredictable job. but if we calculate the average income in 1 month. (* for professional trader)
I think Trading is a very profitable job.

Professional traders are assume traders who are profitable because they have mastered already the way to analyze the price movement.
Trading is very profitable if you are consistent with making good predictions since the market for the entire cryptocurrency is volatile in nature, if I am good in trading I would focus on it and make this as my source of income.

One cannot master bitcoin trading, it needs continued learning. Here even the users who have handful of experience losses, that's why it's mentioned trading is unpredictable. Considering trading and making it a full time job is a good pick, when you have the stubborn mind to take risks.

[wuvdoll]

There is no doubt that trading is unpredictable. Trading need more attention other wise we are not able to track down the rates if we missed the track means we lost our investment and we don't know when we will get the chance. So it is unpredictable and we have to be more careful and give more attention to avoid any losses.

That is the beauty of business. Just imagine what it would look like, if you already know, okay this will be going to happen in near future. Your investments and trading’s will not be affected so much incredibly by that prediction-less business. Bitcoins are fluctuating every time and this cause a suspense in people to talk about it, uttering different stories about it all the time.

Honestly, it is! It would never have been interesting if we already know the outcome before we do it.
Most times when you make a decision in business, you always have an expected outcome with hopes and optimism that it does, and when it eventually comes out the way you want, that is where the happiness kicks in.

After all, if we had all known how to read the future or know what would happened next, there are some mistakes we would not have made normally, but then, life and doing business would be boring.

[Ewinsane]

Yes I do agree with your statement almost 90%, that trading is a unpredictable job but those who have good knowledge of market analysis can predict upto 7 positive trades out of 10 but for that you must have good chart reading knowledge apart from this there are so many things that needs to be check before putting a trade total buying volume total selling volume or is there any upcoming news or event of that particular coin & price action also play an important role in trading that affects the market. News can shake the market badly & can rise the market aggressively.

And that is where it gets better. They have been able to imbibe the skills that would make them never to make too many wrong predictions.

The reason why some predictions usually go wrong is just because of news, FUDs, and some unforeseen circumstances that could have changed what we speculated to be something else, which most times, even professional traders try as much as possible not to miss and stay updated to information.

[Doamader]

I wouldnt consider trading as a job, because at a job you have a fixed income, something as a trader you wont get never, no matter what you do your income will be always different. The market is shaking a lot, and bitcoin doesnt stop growing wich does scares for sure a lot traders since they split their investment into altcoins as well.

[Mr.grin]

I wouldnt consider trading as a job, because at a job you have a fixed income, something as a trader you wont get never, no matter what you do your income will be always different. The market is shaking a lot, and bitcoin doesnt stop growing wich does scares for sure a lot traders since they split their investment into altcoins as well.

Well, maybe it's not a job, but it leads to a hobby. and it's totally unpredictable. traditions that come from trading are very difficult to predict, because it shows how you can hold your lust for profit. many make this trading their job.

[BlueStackz]

well, yes. but i can't get your point here.
these are all obvious things that you need in trading. and everybody who has make a single trade or even have watched a market history knows that this is a hard job but not completely unpredictable.

if it was totally unpredictable then all these traders who are earning a living would be considered gamblers and they could never make any money. they are predicting the market so that to earn money.

Yes, I agree with you. Trading is an unpredictable job. but if we calculate the average income in 1 month. (* for professional trader)
I think Trading is a very profitable job.

Professional traders are assume traders who are profitable because they have mastered already the way to analyze the price movement.
Trading is very profitable if you are consistent with making good predictions since the market for the entire cryptocurrency is volatile in nature, if I am good in trading I would focus on it and make this as my source of income.

One cannot master bitcoin trading, it needs continued learning. Here even the users who have handful of experience losses, that's why it's mentioned trading is unpredictable. Considering trading and making it a full time job is a good pick, when you have the stubborn mind to take risks.

You know all these traders are working day and night for getting money. And amongst the hundreds and thousands, there are only few who are considered as the gem traders in their field. Such traders have more experience than anyone else and this experience is just came from the mistakes and losses they have done in their past. Learn and learn and then try to learn.

[winspiral]

Trading is not only a job.
It is as well a hobby.
My members trade and earn since October 2015 for the fun like a hobby and not like a job.

[Ejanend]

Trading is unpredictable even though you know technical and fundamental analysis the results will not always be what you're thinking. But following the basic thing in trading buy low sell high will help you a lot, just have a good strategy in the market even it is unpredictable you can have a lot of profit. Just always remember "You lose some, You gain some, as long as the outcome is income"

It is the truth that in the bitcoin and not only in the bitcoin trained g or investing but in all the crypto currency you cannot say what will happen till the end of the year the price of the bitcoin will increase or decrease so if you want to get the profit you should hold the patience and if you will work really hard you will not get the lose so be honest and work hard to increase you.

[tuniscu]

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?

Surely trade is something nobody can know in advance. mainly due to lucky grasp the opportunity. If I knew ahead of time I could be a millionaire

[FLUZFLUZGLOBAL]

I really think that trading can be predictable it only needs time and you have to study it well

[infinity33]

well, yes. but i can't get your point here.
these are all obvious things that you need in trading. and everybody who has make a single trade or even have watched a market history knows that this is a hard job but not completely unpredictable.

if it was totally unpredictable then all these traders who are earning a living would be considered gamblers and they could never make any money. they are predicting the market so that to earn money.

Yes, I agree with you. Trading is an unpredictable job. but if we calculate the average income in 1 month. (* for professional trader)
I think Trading is a very profitable job.

Professional traders are assume traders who are profitable because they have mastered already the way to analyze the price movement.
Trading is very profitable if you are consistent with making good predictions since the market for the entire cryptocurrency is volatile in nature, if I am good in trading I would focus on it and make this as my source of income.

One cannot master bitcoin trading, it needs continued learning. Here even the users who have handful of experience losses, that's why it's mentioned trading is unpredictable. Considering trading and making it a full time job is a good pick, when you have the stubborn mind to take risks.

You know all these traders are working day and night for getting money. And amongst the hundreds and thousands, there are only few who are considered as the gem traders in their field. Such traders have more experience than anyone else and this experience is just came from the mistakes and losses they have done in their past. Learn and learn and then try to learn.

The more you have encounter some looses this is may the time that you can think for the better solution for what would you do next after this looses, i think that also that no traders that have never been experience this because being loos is the requirement that good trader must have been experience.

[StarofBTC]

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?

Surely trade is something nobody can know in advance. mainly due to lucky grasp the opportunity. If I knew ahead of time I could be a millionaire

Every business thing is unpredictable. Trading is one of them so it is little tricky. You have to get observant eyes and your must know the techniques for getting more profits. For this, there is often advice's coming on the forum to get maximum knowledge about trading before starting this. If you would have learnt better than surely your results will be better for your success.