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Author Topic: Is trading just educated guessing?  (Read 22844 times)
xYakult
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November 12, 2017, 12:12:59 PM
 #721

Trading is a form of "gambling", so the word "guarantee" does not apply.
"Guessing" implies coin flipping decisions, which also doesn't apply.

But you can put the odds in your favor if you trade correctly.
If this weren't true, there wouldn't be traders who consistently win more than they lose year after year.

Of course this isn't easy to do, which is why only 5-10% of traders succeed in the end.
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Sacredtoad
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November 12, 2017, 12:33:11 PM
 #722

Actually yes and no because if you know how the trading market works and than you know which to buy and which not but is also gambling because you never know what will actually happen with it.
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November 12, 2017, 01:56:03 PM
 #723

Today, you can not be sure of anything 100% sure. Who owns the information, he owns the world! Only trusted sources should be used. If you are going to guess on the coffee grounds, then you made a mistake with the choice of craft) From myself, I can recommend a fairly good and proven source, which has more than once rescued me. Fresh information about the state of the market, currency rate forecasts, useful tips and secrets of saving, as well as additional developing material that will teach you to understand the structure of the economy. Here is the link https://old-briefcase.ru/

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November 13, 2017, 03:26:14 PM
 #724

trading is gambling, but do it together with a group of people and an educated guess turns into an informed decision
warr1979
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November 15, 2017, 09:30:02 PM
 #725

Trading is not an educated guessing. Many people losses their money because they don't have enough knowledge to trade their coins. Trading is really a hard job and we should have a lot of information about trading.

Agree. Trading is not  like gambling that is guessing and only luck. Trading is all about knowledge about that coin and the news about it that it will be pump or dump. You will guess the price or up until its price with the reason why it is pumping unlike guessing only that you have no bases. Though on the other hand mostly those who guesses will more lose their money
But they know what they are doing and the risk of their decision for investment, trading.
I don't like the holder without the knowledge, the prediction for the future of cryptocurrency they are holding.
I call them are the speculators instead of investors, holders because they are investing without calculation.
cindygirl
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November 15, 2017, 09:41:18 PM
 #726

Can you really be sure you will profit unless you have insider info?

Simply put no, trading is educated guessing, though it's not too dissimilar to many things in life, nothing is certain, even if you have a full time paying job there is still some risk that you will not be rewarded. Obviously the risk is higher in trading but everything is still an educated gamble.

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Missolawumi
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November 16, 2017, 01:44:04 PM
 #727

It goes beyond guessing. Its about education, information and experience
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November 17, 2017, 08:14:28 PM
 #728

successful trading on crypto-exchanges is based on statistics and probability theory and common sense, so I think yes it is possible, successfully trading on exchanges without insider information

Jose Rizal
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November 17, 2017, 08:14:39 PM
 #729

Can you really be sure you will profit unless you have insider info?
No. For me its not. Because first of all, trading is not merely guessing. It is also not just for those educated indivuduals. Even those people who are not that really educated enough which we can say do not reached the college degree can also do trading. As long as you can understand the law of trading and how you can do effective trading strategies, you can do have success beyond it. In trading you are not guessing, the essence of being observant it not to guess but rather to observe the movement to let you decide if it will be suitable to do tradings on that time.

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November 17, 2017, 08:42:48 PM
Last edit: November 17, 2017, 10:08:54 PM by R_Block
 #730

Yes it is but doesn't mean it can't be profitable. Often life is a gamble whether you're starting a business, choosing a particular career/partners, having a child, etc. However, in the more established markets e.g. equities short term trading is nearly impossible. See works from Eugene Fama 2013 Nobel prize winner but in the crypto market it is more viable although it is getting harder

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November 17, 2017, 08:51:38 PM
 #731

You can put it that way because you can never be really sure if you are putting the right orders at the right time. But since you can use technical analysis and market study, then you have better chance of guessing the right path the market is going to take.
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November 17, 2017, 10:11:08 PM
 #732

Trading is nothing more than educated guessing whilst still being exactly that. The level of education in that guess however is the difference between being a successful trader and being an unsuccessful trader. There is no way to guarantee profit without insider information and even that may not be enough, however with real education and experience the best traders will be very very confident of success.

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November 17, 2017, 10:13:28 PM
 #733

Trading is gambling since no one can predict the future. Hopefully your strategy has better odds for the risk than a Las Vegas slot machine.
layoutph
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November 17, 2017, 10:41:33 PM
 #734

Trading is a pure technical analysis and not an educated guessing game and current events is a part of this technical analysis. To avoid getting loss we need to become updated with the news, consider checking the volumes of buy and sell, and analysing the chart.
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November 17, 2017, 11:27:08 PM
 #735

Can you really be sure you will profit unless you have insider info?
Yes trading is an educated guessing but it does'nt mean its not profitable.It is an analysis to the expert in trading its like gambling that no one can predict whatever happens.
pixie85
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November 17, 2017, 11:34:52 PM
 #736

Trading is a pure technical analysis and not an educated guessing game and current events is a part of this technical analysis. To avoid getting loss we need to become updated with the news, consider checking the volumes of buy and sell, and analysing the chart.
Analysis that still comes down to guessing. That's the reason for not all traders agreeing with the same thing. Some will always elaborate on why it should be going down while other will do the same about going up. Bears always have their own TAs and Bulls their own Cheesy If it was purely technical they'd agree more frequently.
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November 18, 2017, 11:11:07 AM
 #737

I'm really scare the large accident will arriving once the halving hype is performed. Everyone will sell their bitcoin and the cost of bitcoin will fall down so hard.
This will be the bad thing if it will happen because now the demand of the bitcoin is getting high because now a lot of the people are buying the bitcoin and it is the main reason behind the increasing price as I want to say that you should not be worry about the increase of the price and the value and I can see the bitcoin price and the value is increasing more and the this is the reason why the bitcoin is getting high in demand.
usorin
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November 18, 2017, 11:19:22 AM
 #738

Can you really be sure you will profit unless you have insider info?
Related to this topic, i'd say yes, you can be certain of an investigation without have the inside informations. All you need is experience, wiseness and knowledge.
OverKiII
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November 18, 2017, 09:22:39 PM
 #739

there's large amount of work behind trading, it will requires a time to experience how it functions, each and every gold coin chart is exclusive however if you simply experienced you will discover the way the cost will move subsequent, but there is some luck in trading as well, something can be occur anytime.
ThunderCatSteve
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November 20, 2017, 06:07:49 AM
 #740

Trading is not an educated guessing. Many people losses their money because they don't have enough knowledge to trade their coins. Trading is really a hard job and we should have a lot of information about trading.

Agree. Trading is not  like gambling that is guessing and only luck. Trading is all about knowledge about that coin and the news about it that it will be pump or dump. You will guess the price or up until its price with the reason why it is pumping unlike guessing only that you have no bases. Though on the other hand mostly those who guesses will more lose their money
Exactly! There is no way that you can actually treaty trading just like that of educated guessing. In fact, trading is much more than that of educated guessing. There are number of things which you need to have in order to become an expert in the world of trading.

The things which you need to have includes chart analysis, knowledge level, sharp mindedness and above all control over your emotions.
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