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Author Topic: Is trading just educated guessing?  (Read 22844 times)
Bonsaiav
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March 03, 2018, 09:11:22 PM
 #961

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


Trading activity isn't just guessing about the prices but focuses on the results of the research and analysis at every time. Even though we have insiders they can't possibly be able to manipulate the prices because the price movement of the crypto is determined by the reaction of society to the market.

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crimzonico
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March 03, 2018, 09:22:27 PM
 #962

It's not as simple as a 50% chance of being correct because in a downtrend everything could go down and keep going down for days. Your purchase does not influence the future direction of the price. In many cases it is just educated guessing in my opinion
jeronimosuykens
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March 03, 2018, 09:38:50 PM
 #963

It's not as simple as a 50% chance of being correct because in a downtrend everything could go down and keep going down for days. Your purchase does not influence the future direction of the price. In many cases it is just educated guessing in my opinion
Trading in financial markets is always very difficult for new and inexperienced traders in the market especially for cryptocurrency when all the fluctuations are under the control of large investors. You can succeed when investing well with whales and you will in turn lose money. That means that in addition to your ability to do technical analysis, you also need to be knowledgeable and acutely aware of this financial market to make the right decision.
chaa123
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March 03, 2018, 10:01:41 PM
 #964

I don't think of trading just as a mere educated guess. It is far more beyond guessing because trading requires solid information and tested methods for it to become beneficial. In the same manner in cryptos, trading is an art of knowing when to trade the right amount, not a streak of luck with investments...
rockyboy
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March 03, 2018, 11:02:15 PM
 #965

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

Trading requires a great knowledge about the whole process.  Its a skills and not just an educated guessing. Studying the whole information about trading is very important to gain more profit.  It also lessen your losses because of your skills.

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crenfrosck
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March 03, 2018, 11:06:13 PM
 #966

I would say that it is: everyone is trying to make his own predictions, but let's be honest, how many times you were correct?  Grin Graphs might be a very helpful tool, but if some big whale says: "okay, enough is enough"- every single prediction would be absolutely useless. We may think that we are masterminds, but every single day we go to sleep without the knowledge if we are right or wrong: on the other hand, isn't it exciting?  Grin

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Delivey
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March 04, 2018, 01:11:27 AM
 #967

Trading can even be based on luck. Basically the best trading techniques are performed using market analysis.
vinz7229
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March 05, 2018, 08:38:51 AM
 #968

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


Trading activity isn't just guessing about the prices but focuses on the results of the research and analysis at every time. Even though we have insiders they can't possibly be able to manipulate the prices because the price movement of the crypto is determined by the reaction of society to the market.

nope, trading requires a wide knowledge in order for you to become successful in this field. now,for you to execute good trading you need research  the most important things about trading in order for you to make  a right decision. Trader try to communicate with other traders so that they can gathered different technique that they can apply in their trading site, and also with the help of little luck i guess. Wink Smiley
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March 08, 2018, 08:52:35 PM
 #969

It is not that simple to just enter the trading industry. Successful trading requires experience and knowledge about how to analyze the market.
Trading is very interesting. It is not about guessing, there are lot of things to explore in trading . You can use the same principle in stock market.
With so many kind of coins now  you have a lot of choice where to invest your money.
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March 08, 2018, 09:07:21 PM
 #970

This market is not a market that can be estimated with education.It is not possible to reach enough knowledge with something that changes in such a short time.

WillieSmith
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March 19, 2018, 02:32:37 PM
 #971

Trading is not just a means of guessing rather it is also a matter of taking a risk. A risk that you take it can be for your own credit or to the others. But while your taking that risk you should have that think of all the possible outcome that can be happened, but you would take that risk in favor to your side.
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March 19, 2018, 02:39:45 PM
 #972

Trading, be it bitcoin, altcoin, or simply stocks is something that no one can really master. The future is so unpredictable that even trends and graphs can’t really be relied upon everytime. Trading can be a hit and miss activity and it is up to the person how much he is willing to risk, and also depending on how much research he put into it before executing any buying and selling.
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March 19, 2018, 02:44:18 PM
 #973

Can you really be sure you will profit unless you have insider info?
Trading is not just educated guessing, you need to have a lot of knowledge for you to make money here in the trading world. You should study technical analysis for you to easily predict what will happen to the price of the coin.

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March 19, 2018, 02:55:52 PM
 #974

For me, it is not just educated guessing. Bitcoin requires you to follow the news and key events that may impact the market price. All traders can’t do a perfect or a 100% outcome. And it is not also about just your luck. I read some article and they say that in trading you should have followed this five steps.
Do not trade more than you can afford to lose
Set goals and target prices for each trade
Learn how to read charts
Do not set stop losses too low
Do not keep unprofitable positions open for longer than 24 hours

BitcoinLoan
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March 19, 2018, 03:05:38 PM
 #975

For me, it is not just educated guessing. Bitcoin requires you to follow the news and key events that may impact the market price. All traders can’t do a perfect or a 100% outcome. And it is not also about just your luck. I read some article and they say that in trading you should have followed this five steps.
Do not trade more than you can afford to lose
Set goals and target prices for each trade
Learn how to read charts
Do not set stop losses too low
Do not keep unprofitable positions open for longer than 24 hours


Good trading is educated guessing, meaning you've educated yourself about certain facets of market behavior and are prepared to act when the conditions are met.Educated guess that will likely produce consistent profits for you when combined with prudent risk management principles.
Jonsnowstark
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March 19, 2018, 04:00:06 PM
 #976

Trading needs a lot of effort. We can say its educated guessing since we need to study the trends, learn the movements of  the coin, read updates about the coin. Without these inforormation, trading blindly will lead you to huge losses. If you dont do your research, learn to say goodbye to your investments. Rarely, though, out of luck you can earn profits but not that much.

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March 19, 2018, 04:40:04 PM
 #977

Somehow applicable but not always applicable. Even you know every details, every information of one campaign the success is not base on you alone. Even all the techniques you applied is not the bases of being sure of profit. Profit can be base on how the project success to handle the situation that leads them to successful. If the project end in success then I'm sure your profit sounds clear. Although details, information and techniques can be a tool to look for good project but it is not the bases of profit.
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March 19, 2018, 04:54:01 PM
 #978

If you have analysis skill means,it's quite enough for the trading.You have to analysis the price of buying coin ,before you are proceed .
You have to analysis the current price of coin with the past one month price and flucuations of price.
And you have to analysis the demand of the coin and day to day price variation of certain coin.It may be bitcoin or any other altcoin.
EnricoGomez
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March 19, 2018, 07:01:18 PM
 #979

In the trading is really you need to be educated to guess the movement of the value of your investment. Guessing where you can earn or lose money if you guess on the wrong side. There are a lot of tool that you can use to predict the price not guessing it. you can watch the news about your investment and analyze every movement of the value.
weblaraveluser
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March 19, 2018, 07:06:19 PM
 #980

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

Obviously not, you cannot always rely on the news because there is no accurate prediction. The best thing to do is look at the statistics of the coin in the market you are interested to invest and try to compare to other exchangers then you can decide from that if the probability of getting profit is high or low.
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