deisik (OP)
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June 14, 2019, 05:55:40 AM |
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The vast majority are just bashing buttons and hoping to get lucky, thats the way of the world because being good at one of those things mentioned can take a lifetime and alot of background work before actually taking the decision to take the risk. After all that you still have to get lucky to win It's not like all-or-nothing In other words, if you keep on trying in a consistent and productive way, luck becomes a certainty and you are set to win in the end as no one can be losing indefinitely in "EV+ situations". To put it differently, you are playing the house here, and just like casino players are losing in the end, you will be winning. And in this regard, short-term traders have the advantage or the privilege to be the first to get there and reap the profits simply due to the short timeframe they are operating within
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omonuyak
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June 14, 2019, 06:06:29 AM |
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I really think that short term traders have a little risk in not making their targets because of the range of their trading points, Yes this still count as gambling but with a little risk involved, And even though they are basing their assumptions on the previous market flow there is a high chance in winning by taking that chance than to do a long term trading.
Short terms trading is not for everyone and you most be ready to bear the lose because it is too risk to trade in that way. Those that desire to trade short terms should be ready to face whatever comes out of it and they should also be ready to learn from their mistakes.
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FUD Expert
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June 14, 2019, 01:07:59 PM |
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Short term traders are both gamblers and losers. It's clear that they are showing the quality of a gambler because when they chose a coin for their short term trade, it means they are really sure if it's going to increase and I'm sure that they are just giving it a timeframe if it really do well. And then they are losers, because they are going to anything to scare others and make FUD so they can buy that coin cheap again and sell and make the loop.
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FanEagle
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June 16, 2019, 08:13:54 AM |
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I don't know how you can calculate someone as short term neither, now lets consider the day trader, that person is buying and selling coins probably inside an hour and do that couple of times which means he is definitely a short term trader, lets consider someone buying today and selling next year that means he is a long term trader (or someone who buys and sells when he retires which I plan to be) but what is the number that divides short term and long term? Is there a mid term as well? Like maybe 3-6 months, if its longer than 3 months its mid term but it has to be less than 6 months as well?
I don't really know what short term is but between people who buy and sell in an hour and people who buy and sell in a week are different kinds of people so I am not entirely sure if I can call them the same thing.
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iqlimasyadiqa
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June 16, 2019, 09:23:22 AM |
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Short term traders are both gamblers and losers. It's clear that they are showing the quality of a gambler because when they chose a coin for their short term trade, it means they are really sure if it's going to increase and I'm sure that they are just giving it a timeframe if it really do well. And then they are losers, because they are going to anything to scare others and make FUD so they can buy that coin cheap again and sell and make the loop.
What you think is very wrong. a trader must have a different strategy and trading in a short period of time is one part of the strategy. every trader has its own plot. the situation and conditions faced will definitely be different. so don't ever assume that traders use a short period of time as a loser or gambler !!!!
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maydna
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June 16, 2019, 10:07:48 AM |
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Short term traders are both gamblers and losers. It's clear that they are showing the quality of a gambler because when they chose a coin for their short term trade, it means they are really sure if it's going to increase and I'm sure that they are just giving it a timeframe if it really do well. And then they are losers, because they are going to anything to scare others and make FUD so they can buy that coin cheap again and sell and make the loop.
I am short term traders and long term traders, but I don't see I am a loser because at least, I can make my profit from my analysis. I realize that I cannot always make a profit and that is why I back up myself to be a long-term trader so if somehow I cannot make a profit in the short-term, I still have a chance to make a profit in the long-term. Both short-term and long-term traders will be as gamblers and losers if that person doesn't have any knowledge about trading and he cannot get the right information from many sources, so he buys the coins at any price without making calculation or analysis. If that happens, then he always risks his money without having a chance to make a profit in the short-term or the long-term. I think he needs to make a strategy related to the market situations so he can act base on the market movements.
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klaaas
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June 16, 2019, 10:12:27 AM |
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so don't ever assume that traders use a short period of time as a loser or gambler !!!! Long or short both is a guess and because the outcome cant be predicted 100% it is a gamble. Im with you on the loser part.
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Ridwan Fauzi
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June 16, 2019, 02:54:13 PM |
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I really think that short term traders have a little risk in not making their targets because of the range of their trading points, Yes this still count as gambling but with a little risk involved, And even though they are basing their assumptions on the previous market flow there is a high chance in winning by taking that chance than to do a long term trading.
Short terms trading is not for everyone and you most be ready to bear the lose because it is too risk to trade in that way. Those that desire to trade short terms should be ready to face whatever comes out of it and they should also be ready to learn from their mistakes. I pretty sure when everyone choose a strategy either short term or long term trading then he will know the risk that will be faced. Also, he will overcome about the strategy in order to avoid the risk. Actually I'm not short term trading because I can't see the price movement per candle or per hours it will make me confused. But, there are many people who has an ability to passed this proccess until he is consider that short term trading is so usefull for them. Yeah, every traders certainly must have felt failure and they had experienced profound losses. But they will continue to struggle to avoid the same mistakes and learn every mistake he has made.
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BitHodler
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June 16, 2019, 08:53:49 PM |
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Long or short both is a guess and because the outcome cant be predicted 100% it is a gamble. Im with you on the loser part.
It depends on who's guessing because there is a difference between a blind yolo guess and an educated guess that's based on technical analysis where you long or short based on probabilities. 100% predictions don't exist, but based on probabilities you can make decisions that lead to profits on a longer term basis. If you're right even 6 out of 10 times with your educated guesses you're doing fine. There are also patterns that you can exploit that do take longer to develop but are relatively speaking a safer guess. It just depends on what you look for at the end of the day.
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BSV is not the real Bcash. Bcash is the real Bcash.
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klaaas
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June 16, 2019, 10:58:15 PM |
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If you're right even 6 out of 10 times with your educated guesses you're doing fine.
Indeed that is target number one ; ) At the end the daily losses and gains over x period have to equal out or do better to keep in the profit zone.
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rhodelmabanal
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June 17, 2019, 12:30:25 AM |
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I really think that short term traders have a little risk in not making their targets because of the range of their trading points, Yes this still count as gambling but with a little risk involved, And even though they are basing their assumptions on the previous market flow there is a high chance in winning by taking that chance than to do a long term trading.
Short terms trading is not for everyone and you most be ready to bear the lose because it is too risk to trade in that way. Those that desire to trade short terms should be ready to face whatever comes out of it and they should also be ready to learn from their mistakes. I pretty sure when everyone choose a strategy either short term or long term trading then he will know the risk that will be faced. Also, he will overcome about the strategy in order to avoid the risk. Actually I'm not short term trading because I can't see the price movement per candle or per hours it will make me confused. But, there are many people who has an ability to passed this proccess until he is consider that short term trading is so usefull for them. Yeah, every traders certainly must have felt failure and they had experienced profound losses. But they will continue to struggle to avoid the same mistakes and learn every mistake he has made. Short term trading is good in times of active market but wasn't good during slow moving market trend. We can't appreciate it's profitability during smaller volume of trading, because the movement of buying and selling cannot sustain the order book. With respect to longer term trading, it's advantageous for slow moving cryptocurrency because they needed to take such long timeline in order to grow it's profitable value.
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deisik (OP)
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June 17, 2019, 05:33:57 AM |
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I don't know how you can calculate someone as short term neither, now lets consider the day trader, that person is buying and selling coins probably inside an hour and do that couple of times which means he is definitely a short term trader, lets consider someone buying today and selling next year that means he is a long term trader (or someone who buys and sells when he retires which I plan to be) but what is the number that divides short term and long term? Is there a mid term as well? Like maybe 3-6 months, if its longer than 3 months its mid term but it has to be less than 6 months as well? I think that the division should go deeper I mean the number of trades as such is not very representative on its own. In other words, an accomplished day trader can make a lot of trades one day and none the other day depending on the trading environment and profit potential. I'd rather say that short-term traders are looking for smaller profits in greater amounts and in a greater number of ways (by going short or long as they see more profitable at the moment) I don't really know what short term is but between people who buy and sell in an hour and people who buy and sell in a week are different kinds of people so I am not entirely sure if I can call them the same thing Short term refers to the profit margin pursued
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onrise
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June 17, 2019, 07:04:16 AM |
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so don't ever assume that traders use a short period of time as a loser or gambler !!!! Long or short both is a guess and because the outcome cant be predicted 100% it is a gamble. Im with you on the loser part. Both as it pros and cons and if someone wants to be millionaire then holding is the option which will help you make money and those who want to make daily money which helps them pay their bills regularly then short term is the option for them .
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erikoy
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June 17, 2019, 09:15:35 AM |
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Both as it pros and cons and if someone wants to be millionaire then holding is the option which will help you make money and those who want to make daily money which helps them pay their bills regularly then short term is the option for them .
Yes, I have tried it already though in a small scale holding long for bitcoin. It can really have a huge profit over a period of time especially when one is a risk taker meaning to say that one has invested while bitcoin is down or having a cheaper market price and in an uncertain state of condition of market. Imagine if one invested while btc market price was on 3K usd pretty sure it would be already a profit but holding it for more will definitely take one to more than 2x-10x profit in the long run. Just make sure to check always the market price especially if bull run will going to happen.
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bitbunnny
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June 17, 2019, 09:54:57 AM |
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I think that everyone who has chosen some of trading strategies has carefuly analised pros and cons. At least that is how it should function. Short term trading is more risky but the profit is usualy bigger and faster. No matter the higher risk I wouldn't call short term traders gamblers, just people with the bigger risk apetite. And as long you know what are you doing there should be no problem. And if you choose short term trading be prepared to get fully dedicated to the market.
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justdimin
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June 19, 2019, 04:53:18 PM |
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I do not like to generalize a public no matter what they are, I mean not on race or religion type of big deals but even smaller stuff like "short term crypto traders" which is a small number of people compared to other things but I always believed we can only judge the person and not the group that person belongs to.
This is why I think short term traders are all different from each other, there must be a short term trader that basically gambles away his money and makes risky stuff for higher rewards and lose a lot etc etc just like a gambler but I also think that there must be a short term trader that is a survivor who is making small movements and either profits tiny amounts or lose tiny amounts working really hard to not get caught in the movements, basically all short term traders are different from each other and individually I am sure there must be people who belong to any of those options.
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Carreuh
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June 21, 2019, 07:38:48 PM |
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There is no loser in a match that is an unlucky one who can be said to be a loser is someone who does not want to try, so trade, whether long term or short term is almost the same because everyone is different in thinking and different in capital, if you have large capital, it is better to do long-term trading and vice versa
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