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Author Topic: Trader don't speculate?  (Read 13261 times)
playboy654
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February 16, 2019, 03:04:14 PM
 #21

No, don't speculate... that is what they always tell us but FOMO aside, what's the fun if there is no emotional speculation!

I feel we as traders could be considered as speculative consumers, and if that is partly the truth wouldn't it be cool if the digital asset that we are speculating on was something we had whole ownership of?

I am building a game inspired by trading crypto, in the form of digital racehorse ownership on the blockchain. Haven't you always wanted to own your own racehorse any way?

Come over an take a glimpse, any feedback is welcome. https://www.zed.run

Make sure you follow the hype by joining our Discord chat. https://discord.gg/sNgA5Zu


trading field always been like gambling but the differences we don't make any scariest and riskiest thing in trading so speculation will always be important for all type of investment but more than that in trading field we need to more alert to pick the right time.

marcous
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February 16, 2019, 03:23:44 PM
 #22

It's not wrong to have speculation, but I personally as a trader don't speculate when taking profit because it will only make it out of focus. For day traders, taking 5-10% profit every day is enough. Taking profits doesn't need much speculation I guess.

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Ararbermas
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February 16, 2019, 03:26:02 PM
 #23

Expert doesn't speculate but for me  when it comes beginners probably yes. which is speculation about the direction of growth rate or what will happen in the future, for example " if they trade such this kind of situation" which there's no way they will not make a speculation for their safety.

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February 16, 2019, 04:08:20 PM
 #24

Who said experts don't speculate?

There is no definite answer when they were trading because they can't control the people who are trading the market.
Speculating doesn't give an exact answer but trading is like gambling, you have to guess the nearest possible outcome of your trading plan because if not then you will totally gonna lose all of your money.

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February 16, 2019, 04:16:27 PM
 #25

If there were to be a high level of certainly in cryptocurrency investments,then speculations wouldn't be required,but trading and speculation going hand in glove,as there are no sureties or any assurance of what's to come,so as not to invest blindly,investing speculatively is required.
Speculations could most times have beneficial and unimaginable results at the end of the trade
mersal
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February 16, 2019, 05:29:32 PM
 #26

No, don't speculate... that is what they always tell us but FOMO aside, what's the fun if there is no emotional speculation!

I feel we as traders could be considered as speculative consumers, and if that is partly the truth wouldn't it be cool if the digital asset that we are speculating on was something we had whole ownership of?

I am building a game inspired by trading crypto, in the form of digital racehorse ownership on the blockchain. Haven't you always wanted to own your own racehorse any way?

Come over an take a glimpse, any feedback is welcome. https://www.zed.run

Make sure you follow the hype by joining our Discord chat. https://discord.gg/sNgA5Zu


yes you are right traders work must be different from other gender of money making because if we speculate something it will not been happened at all time so be on time at all day to make your profit more higher when the time was put if you think about making the another chance then it will not be in the right idea for you to stay here.
whirlcoin
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February 16, 2019, 06:38:08 PM
 #27

No, don't speculate... that is what they always tell us but FOMO aside, what's the fun if there is no emotional speculation!

I feel we as traders could be considered as speculative consumers, and if that is partly the truth wouldn't it be cool if the digital asset that we are speculating on was something we had whole ownership of?

I am building a game inspired by trading crypto, in the form of digital racehorse ownership on the blockchain. Haven't you always wanted to own your own racehorse any way?

Come over an take a glimpse, any feedback is welcome. https://www.zed.run

Make sure you follow the hype by joining our Discord chat. https://discord.gg/sNgA5Zu


I agree your opinion about trading because speculation will made into different direction the work from our self was being concentrate and the market to check the development and falling each and every time while we are selling and buying it will be the most important thing for a trader.
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February 16, 2019, 09:12:51 PM
 #28

I agree your opinion about trading because speculation will made into different direction the work from our self was being concentrate and the market to check the development and falling each and every time while we are selling and buying it will be the most important thing for a trader.
Of course, some do. Speculation sometimes makes you win but it is more like you are trying to bet if your speculation will work. Speculation is like sort of gambling indeed, you don't base your decision with theories, evidence and so on(pure luck). You just go ahead and do it. Technical analysis is a must in trading but if you want to try your luck, you can actually speculate.
BitHodler
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February 16, 2019, 11:51:48 PM
 #29

It's not wrong to have speculation, but I personally as a trader don't speculate when taking profit because it will only make it out of focus.
Selling (profit taking is part of it, even if it concerns just a smaller fraction) is just as speculative as buying to sell higher. Pretty much everything we do here is based on speculation, even as hodler not selling for years....

For day traders, taking 5-10% profit every day is enough.
You make it sound like 5-10% in daily profits is peanuts, but it definitely isn't, especially not in the more recent months with less and less volatility to utilize. Don't believe random people on the internet claiming to make x profits.

If people were really making that much in profit on a daily basis, they wouldn't waste their time on the internet trolling and convincing noobs how good they are. There is no shortage of idiots here in the world of crypto....

BSV is not the real Bcash. Bcash is the real Bcash.
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February 17, 2019, 10:57:33 PM
 #30

It's not wrong to have speculation, but I personally as a trader don't speculate when taking profit because it will only make it out of focus.
Selling (profit taking is part of it, even if it concerns just a smaller fraction) is just as speculative as buying to sell higher. Pretty much everything we do here is based on speculation, even as hodler not selling for years....

Yeah, everything is speculation so why these people saying traders don't speculate? And I don't see anything wrong in doing speculation. If a person is being a FOMO then it's his fault because he should know that he shouldn't never be that.

For day traders, taking 5-10% profit every day is enough.
You make it sound like 5-10% in daily profits is peanuts, but it definitely isn't, especially not in the more recent months with less and less volatility to utilize. Don't believe random people on the internet claiming to make x profits.

If people were really making that much in profit on a daily basis, they wouldn't waste their time on the internet trolling and convincing noobs how good they are. There is no shortage of idiots here in the world of crypto....

Well maybe he's actually getting that, I wonder what his strategy for 5 - 10% daily profit ;b
while me if I'll get 2% I feel like I'm a real pro hahahah.

Happy Coding Life Smiley
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February 19, 2019, 03:48:43 PM
 #31

For day traders, taking 5-10% profit every day is enough.
You make it sound like 5-10% in daily profits is peanuts, but it definitely isn't, especially not in the more recent months with less and less volatility to utilize. Don't believe random people on the internet claiming to make x profits.

If people were really making that much in profit on a daily basis, they wouldn't waste their time on the internet trolling and convincing noobs how good they are. There is no shortage of idiots here in the world of crypto....
Yes that is right, but I think that in such a modern time when internet has become too much common, even in backward countries almost every person have the facilities of using internet. I think that in current time there are a lot of opportunities of finding jobs and other ways of making money from internet, may their income is not too much but at least they can make a reasonable money from there. Therefore, I think that it is really not good if a person is wasting their time on the internet trolling and even giving much time social media.
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February 19, 2019, 04:12:25 PM
 #32

It's not wrong to have speculation, but I personally as a trader don't speculate when taking profit because it will only make it out of focus. For day traders, taking 5-10% profit every day is enough. Taking profits doesn't need much speculation I guess.
there are a lot of traders who are still speculating on prices but many also determine the price of coin movements from looking at charts that occur in market conditions so that from the graphs there are traders who can determine the right position to buy and sell coins.

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St4yInTh3D4rk
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February 19, 2019, 05:41:08 PM
 #33

It's not wrong to have speculation, but I personally as a trader don't speculate when taking profit because it will only make it out of focus. For day traders, taking 5-10% profit every day is enough. Taking profits doesn't need much speculation I guess.
there are a lot of traders who are still speculating on prices but many also determine the price of coin movements from looking at charts that occur in market conditions so that from the graphs there are traders who can determine the right position to buy and sell coins.
Charts are the most used indicator by the traders so they will speculate using the movements and try to get something out from the current situation.

But no one can accurately predict the market of right time to buy and sell so learn the risk involving on crypto trading before doing or turning into be a trader.

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February 20, 2019, 08:28:11 AM
 #34

I always speculate but I don't need an expert opinion to affect my speculation.
We are in a speculative market so speculation is just a normal thing for us. You posted this thread, say something about speculation
but your real agenda was just to invite us to join in your discord channel, I think you are looking for some clients.

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February 20, 2019, 08:59:50 AM
 #35

Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
That's why indicators are being used in trading so they don't need to speculate. Traders predict the price through this tools or even without this as long as they know the basic. We should really have at least some background on how do technical analysis because if there is none, then probably you're not trading at all because its more on gambling. 
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February 20, 2019, 10:26:05 AM
 #36

Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
That's why indicators are being used in trading so they don't need to speculate. Traders predict the price through this tools or even without this as long as they know the basic. We should really have at least some background on how do technical analysis because if there is none, then probably you're not trading at all because its more on gambling. 
Indicators bring hints for traders to do actions, they will be moved when seeing the pattern according to the indications that they believe
that can bring them good calls, without analyzations, everything will turned into a luck based activity same alike  gambling with your
fate, better to have good knowledge with trade indicators.

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D3m1r4wanti
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February 20, 2019, 11:05:26 AM
 #37

speculation is indeed something that is harmful to the capital that we have sometimes too far in speculating will cause the loss of assets that we have.
but sometimes we can get unexpected benefits from the speculation.
Noa_Amable
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February 20, 2019, 01:31:53 PM
 #38

Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.

not exactly.
I would say Speculation is the same as Trading. If we speak about more or less professional trading.
Trading requires a knowledge basement - yes. But Speculating also requires knowledge about what do you speculate and why you can get profits.
So, I would say successfull trading is speculating.

unexpected profits or blind trading is not the same as speculation - it is gambling.
futile-resistance
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February 20, 2019, 01:34:56 PM
 #39

Who said experts don't speculate?

There is no definite answer when they were trading because they can't control the people who are trading the market.
Speculating doesn't give an exact answer but trading is like gambling, you have to guess the nearest possible outcome of your trading plan because if not then you will totally gonna lose all of your money.
But, again there are so many kinds of them. They might even trade in the market with down prices. Speculating no doubt makes it more interesting and the risk in the investment is something that pays off only when there is a rise. A fall may take you down. So they do speculate and trade in the same time. But, what matters the most is your investment plan which should be very rational and made keeping every aspect in mind.
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February 20, 2019, 06:13:23 PM
 #40

Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
In speculation, we make use of the exchange rate fluctuation. The exchange rate goes up and you sell. This is called exchange rate arbitrage. But this is risky because the exchange rate could go down as well despite going up so speculation is rather adored by those who are the risk takers. A speculator could be trader but a trader could not always be speculator.
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