There is no magic in trading

[Yamifoud]

Magic is in our hand and definitely we don't simply rely on the luck cause we are the one working on it personally. Find the magic by applying your strategies in trading and you'll become profitable. Trading isn't just like gambling, our decision is really matter in here to become effective trader.

[Finestream]

Magic is in our hand and definitely we don't simply rely on the luck cause we are the one working on it personally. Find the magic by applying your strategies in trading and you'll become profitable. Trading isn't just like gambling, our decision is really matter in here to become effective trader.

Exactly.Trading has its own step by step processes so we have to learn it to be a good trader.We have to apply good strategies and skills to come up with a good trading result unlike gambling that is more dependent on luck.With trading,there is no magic in it because all things that you will apply on it is greatly a part of your masterpiece gained from lots of experiences.

[iMark]

Magic is in our hand and definitely we don't simply rely on the luck cause we are the one working on it personally. Find the magic by applying your strategies in trading and you'll become profitable. Trading isn't just like gambling, our decision is really matter in here to become effective trader.

Agree, if you only rely on magic it means you only depend on your luck? trading is not about gambling which can only benefit from luck, in trading you cannot do that, when you are wrong in determining the steps, you can just lose. what determines is your strategy mate

[beerlover]

Trading has its own step by step processes so we have to learn it to be a good trader.We have to apply good strategies and skills to come up with a good trading result unlike gambling that is more dependent on luck.

But trading is known for creating magic in your life when you will be you equipped yourself with all needed skills and strategies. Yes, making millions of dollars also possible from trading but it needs lot of dedication and efforts. Magics will not happen on its own but we can make it happen through trading. The real catch here must be, preparing ourselves as a professional trader. Because, this will not be possible overnight but possible over the course of time by learning and keep learning.

if you only rely on magic it means you only depend on your luck? trading is not about gambling which can only benefit from luck, in trading you cannot do that, when you are wrong in determining the steps, you can just lose.

Yes, all the traders who are all approaching the markets just by believing in to their luck factor will eventually lose in then collapse completely. A magic in trading should not be considered as a luck factor. In magic in trading is possible only we are deserved for that to have.

[deandree]

it's not rocket science

Actually it is, smart minds follow big money, that's why salaries in Finance/Trading/BigData are insane. Which means we are playing against some of the smartest people with lots of money.

[mersal]

it's not rocket science

Actually it is, smart minds follow big money, that's why salaries in Finance/Trading/BigData are insane. Which means we are playing against some of the smartest people with lots of money.

Don't lower your standards you are also a smart person in your way which is the thing you need to believe if you want to be one of the smartest person...

Trading is simply strategical you can make money when you play smart games.

[romero121]

There is nothing as a magic with trading, same time there were users who have profited good through trading just through magic. Recently I had an experience, suggested a friend of mine to invest into a particular coin. He invested three or four Eth, in less than a month what he got as return is more than 110 Eth. The important thing here is that he doesn't have any knowledge about trading.

[kotajikikox]

I can't imagine in trading have a magic haha, working in trading is purely need to give  quality time and focus because market waving seems like the movements of the air it's very fast high low value of altcoins.

[jakezyrus]

Definitely there's no magic in making money in trading. But the problem is that there are a lot of people who thinks that trading is very easy and it's a get rich scheme, which is not. And it doesn't mean that someone because successful, you will have to copy his method.

Everyone is up there, you just have to find the right groove and see what trading methods fits your goal. No need to make things complicated for you, it's not rocket science, you just have to look at it like a journey and every small steps is a lessons to learn.

Really useful information. Completeley agree with each word. But i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

Yeah if you want to trade you must have high amount of knowledge about trading so you should try to enhance your trading skill. Magic surely does not work in trading patience, skills and knowledge works. Holding for long time will help you prevent panic selling and later in future you will be able to say you went well in trading without any kind of magic.

When you do talk about magic then you are simply relying on luck which means you don't really have skills at all.Theres no magic on trading and as you said
hardwork,patience, knowledge does the work.
Things would be effective if you do know how to control off yourself.

Magic or luck is also a key recipe to possibly won on trading . many times i always said that trading or investing is like playing a gambling because they are luck based as you didnt know what will be the future value's  of the coins that you are investing .

But that magic would more effective if combined with hardwork , skills , dedication , etc or any other good and positive traits  . 

[mirakal]

If you are realistic enough, you won't think that it's possible in trading.
IMO, trading is a risky activity where you could loss money, however, we can expect that we have a better chance here compared to gambling.
But this is not gonna happen easily, we need to consider trading as our journey so we will be able to give time to it in order to develop ourselves.

It's journey that is intended for long term, as no one would quit if he will become consistent but adjustments still needed along the way.

[liuqi]

I can't imagine in trading have a magic haha, working in trading is purely need to give  quality time and focus because market waving seems like the movements of the air it's very fast high low value of altcoins.

I don't know why most of the peoples are not believe trading is a kind of magic. Because no one said the future so only trusted person make good profit in short term and I consider it is magic because some time makes success and sometimes it will failed so magic is unpredictable in anytime.

[deandree]

better chance here compared to gambling

Unless you are doing real statistical analysis and backtesting, this is gambling.

[Baby Dragon]

By doing trading there will no a magic because it is  need pure skills and talent. If you want to become skillful trader you need to have many experience and you need to put more and efforts so you can achieve being a good and skillful trader. Lastly, I want to say there is no magic in this field and its pure talent and skill.

[Marcsymon]

In trading, we need to work vigorously with our skills and knowledge on how trading will work in order for us to formulate a powerful strategy for a higher chance of earning but even do there is no magic like fairy tale to support for sure earning but still there is luck that can be rely on as even do how skilled you are in trading but without the power of luck then chances to earn big will become difficult.

[abel1337]

If you are realistic enough, you won't think that it's possible in trading.
IMO, trading is a risky activity where you could loss money, however, we can expect that we have a better chance here compared to gambling.
But this is not gonna happen easily, we need to consider trading as our journey so we will be able to give time to it in order to develop ourselves.

It's journey that is intended for long term, as no one would quit if he will become consistent but adjustments still needed along the way.

I have the same perception with you. Experience , talent , skill and luck is one of the most needed factors on becoming a successful trader. Earning money their is not easily as it says , We need to acquire many factors in order to became a successful trader.

[iMark]

if you only rely on magic it means you only depend on your luck? trading is not about gambling which can only benefit from luck, in trading you cannot do that, when you are wrong in determining the steps, you can just lose.

Yes, all the traders who are all approaching the markets just by believing in to their luck factor will eventually lose in then collapse completely. A magic in trading should not be considered as a luck factor. In magic in trading is possible only we are deserved for that to have.

My points aren't like that, yeah magic can be very helpful for a trader to save you or get a bigger profit. but as a trader you
shouldn't depend or expect too much of the magic in the end result dude, thats my point

[Lpim01]

if you only rely on magic it means you only depend on your luck? trading is not about gambling which can only benefit from luck, in trading you cannot do that, when you are wrong in determining the steps, you can just lose.

Yes, all the traders who are all approaching the markets just by believing in to their luck factor will eventually lose in then collapse completely. A magic in trading should not be considered as a luck factor. In magic in trading is possible only we are deserved for that to have.

My points aren't like that, yeah magic can be very helpful for a trader to save you or get a bigger profit. but as a trader you
shouldn't depend or expect too much of the magic in the end result dude, thats my point

Our market is really unstable for now and we can't expect for good profit by then. We look for magic which couldn't be happen, instead we look for better opportunities as we face into market downfalls.

[Coin-1]

Trades in most cases end up being a disappointment, regardless of the outcome. If you buy at $100 and the price falls to $70 you are disappointed. If you buy at $100 sell at $120 but the price goes up to $150 you are yet again disappointed. In other words, the nothingness in trading continues for as long as you keep traing.

In this instance, people would get disappointed if they sustained losses selling at $70 rather than they feared of missing out, selling at $120. The magic in trading is a choose the right time to buy coins and the right time to sell coins. Since crypto exchange markets are highly manipulated and extremely volatile, trader cannot use technical analysis and should be a magician to determine the best time for purchasing assets. As an option, trader needs to continuously change own trading methodology depending on the current circumstances in the markets.

There is no magic in digits. The essence of trading lies in the mostly psychological ability to predict price movements.

[sana54210]

By doing trading there will no a magic because it is  need pure skills and talent. If you want to become skillful trader you need to have many experience and you need to put more and efforts so you can achieve being a good and skillful trader.

That is the key difference between trading and any other field. People are looking for easy money and that is the reason they are looking for magic in trading. I agree trading is way for generating money but no money in this world could be generated easily. You must put time and efforts for finding methods to generate money, this way trading can help you but only when you are not depending on your luck but depending on your dedication.

I want to say there is no magic in this field and its pure talent and skill.

You cannot completely ignore the importance of being lucky in trading also because sometimes there may be some driving forces which will be leading you to get into a profitable trading. You may call it whatever name for that. But, that driving force could be classified as magical also.

[Savemore]

There are no magic in trading, the outcome is always depends on your trading skills and strategy. It is not a magic where you can always win, if you want to win; then focus on how you will learn effective strategy in trading.