LimLims
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December 27, 2020, 09:29:59 AM |
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I think being consistent is also hard.
You never know what will be the movement so what other investors do is that they adjust from some certain movements that is why being consistent is hard. It still depend on the investors on how will they adapt on the changes that are happening. It will comes down on the knowledge they have which is still based on probabilities.
A reality we have to accept in life is that nothing is easy, and nothing comes easy. So if trading is hard, then we should know after learning trading, consistency in trading will also take awhile before perfection. Hence the reason why we just continue to trade until we can consistently take profits. Listen Dude, when it comes for trading then we should understand that we will be using our money in risks. And as no one has seen the future, then it’s completely based on Estimation. Then there most important part comes which is luck and the capability to bear losses if you have bad fortune. I also somehow agree with the OP regarding his statement, but still he explains it very contradictory. At last i also obey that there is no certainty in Trading, but still if you want to make money then you need to jump into this.
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Shasha80
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December 27, 2020, 10:17:05 AM |
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It is true that there can be no certainty in trading, that's what I think makes trading interesting. There are so many possibilities that can occur with every coin price movement, so it's not easy to make profit from trading. We must be able to do technical and fundamental analysis to be able to predict the movement of coins in the market.
No matter how good our analysis and strategy we use when trading, it cannot possibly be 100% accurate. Therefore, every time we trade, always use the money that we can afford to lose, and use the stop-loss feature in order to protect the capital we have for trading.
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Xinarae*
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December 28, 2020, 03:26:38 AM |
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Businesses must have the certainty that success in business is possible if they follow their own strategies by applying knowledge and intellect. It usually depends on the individual how skilled he is in a business. Even if it is wrong people correct the mistake and move forward. Focus your strengths on finding something before trading. Trading is not easy. It requires skill Grow your business in the best possible way If you are self-employed trading is not a business for a hobby and it is certainly not an investment to use loan money.
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doctor877
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December 28, 2020, 07:54:16 AM |
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Even when the so called experts give a call especially for long term, they tell you to do your research for those that can. The moment you have the mindset that it's a probability that has a high chance of playing out and might go the opposite way, you will be able to accept any result that comes and you improve with it.
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Cryptoababe
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Do it For Better Humanity (Bitget trader)
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December 28, 2020, 06:40:42 PM |
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I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
You are absolutely right. There is no certainty in trading. Anything can happen at anytime. We just need to be consistent in the right process.
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error08
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December 28, 2020, 08:24:29 PM |
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Sometimes we win and sometimes we lose in the trading battlefield, therefore everyone must develop a strategy to avoid losing or at least losing streaks. Learn how to read the market, trend analysis, % profit, cut loss, money management, and risk management, the knowledge will minimize the possibility of losing trades, especially in the crypto market, where bitcoin isn't the best option to obtain the biggest profit if we compare with some other coins but it remains the king in the market and possibly the most reliable coin to invest in 2020.
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dunfida
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December 28, 2020, 08:43:13 PM |
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I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
You are absolutely right. There is no certainty in trading. Anything can happen at anytime. We just need to be consistent in the right process. Consistent and try to be adaptive because any situation can really be faced off neither a bearish or bullish run.You cant be sure on what are the things that will happen next. This is why as a good and profitable trader do knows on how to adapt and make out some actions depending or varying on what situations he's in.Dont be so confident that each analysis you had made do definitely be precise because it doesnt really exist into this world.Lots had lost but there are people who do really make money. Think of it as a business and not a gamble because you would eventually give out importance on what you had been doing.It takes time and effort for this one.
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dimonstration
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December 28, 2020, 09:26:38 PM |
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Businesses must have the certainty that success in business is possible if they follow their own strategies by applying knowledge and intellect. It usually depends on the individual how skilled he is in a business. Even if it is wrong people correct the mistake and move forward. Focus your strengths on finding something before trading. Trading is not easy. It requires skill Grow your business in the best possible way If you are self-employed trading is not a business for a hobby and it is certainly not an investment to use loan money.
Being able to manage clients expectation is really hard in business same with trading since we didn't know when the price will be that amount same with how long that availability is fine, so what matter is that you're able to fulfil their needs and give options if what they wanted is not onsale our available. We must always provide choice or options as much as possible.
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2double0
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December 28, 2020, 09:39:26 PM |
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That is why you have stop losses if you place them. You can stop a bit extra from losing by adding a stop loss to your position. Certainties can only be there for fine predictors but as nobody is capable of doing it properly, it's better not to overdo it and then regret. We are enjoying and there is so much positivity I'm the markets, but why? Because btc has been pumped up. What would happen if the opposite was the scene?
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lixer
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December 29, 2020, 06:34:02 PM |
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That is why you have stop losses if you place them. You can stop a bit extra from losing by adding a stop loss to your position. Certainties can only be there for fine predictors but as nobody is capable of doing it properly, it's better not to overdo it and then regret. We are enjoying and there is so much positivity I'm the markets, but why? Because btc has been pumped up. What would happen if the opposite was the scene?
Stop loss only deals with one part of the story, which is "not going into loss" and that's about it. The uncertainty we have goes way beyond that, for example when do you buy? When you should buy changes time to time, sometimes you are at 10k and it looks like you shouldn't buy and it goes down, sometimes it is at 10k and you should definitely buy because it is going up, same price but changes direction, stop loss can't help you with that. Sometimes we do not know when to sell in profit as well, you may have stop loss to make sure you sell when it drops, but what if I want to sell when it is going up? That is totally possible as well right? So, I would say stop loss is a very very big important part of the situation which gives a tiny bit of certainty to you, but there are still 2/3 of it left that will always be uncertain and you will not know what will happen.
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JooBra
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December 29, 2020, 08:24:26 PM |
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That is why you have stop losses if you place them. You can stop a bit extra from losing by adding a stop loss to your position. Certainties can only be there for fine predictors but as nobody is capable of doing it properly, it's better not to overdo it and then regret. We are enjoying and there is so much positivity I'm the markets, but why? Because btc has been pumped up. What would happen if the opposite was the scene?
I will tell you what would happen if BTC was going down this way... People would cry and call it a bubble. Simply like that.
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makishart
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December 30, 2020, 12:15:15 AM |
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That is why you have stop losses if you place them. You can stop a bit extra from losing by adding a stop loss to your position. Certainties can only be there for fine predictors but as nobody is capable of doing it properly, it's better not to overdo it and then regret. We are enjoying and there is so much positivity I'm the markets, but why? Because btc has been pumped up. What would happen if the opposite was the scene?
I will tell you what would happen if BTC was going down this way... People would cry and call it a bubble. Simply like that. There are so many people are crying due to the bubble burst that happened with ripple after SEC allegation. Some people are still believing if the institutional investors will make bitcoin can't go down to the bottom again. I doubt this will be a true story but based on my experience if when people said the same thing at the end of 2017 and they got surprised on 2018
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kram31
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December 31, 2020, 04:35:17 AM |
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I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
Yes there is no certainty in trading, particularly if your not good in trading of cryptocurrency. That's the truth and really happened even until now in the market. That's is why We need to have a self-discipline or apply stop-losses so in the end anyone would not blame himself for it.
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Issa56
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December 31, 2020, 09:44:09 PM |
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From the little experience am having in trading there is no certainty in trading because cryptocurrency is not that easy and we only make research and we make prediction so there is not assurance in trading, you might endup making profits and you can endup losing that's why you should always trade what you can avoid to lose and don't borrow money to trade.
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Kelvinid
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win lambo...
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January 01, 2021, 02:18:55 AM |
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There are so many people are crying due to the bubble burst that happened with ripple after SEC allegation. Some people are still believing if the institutional investors will make bitcoin can't go down to the bottom again. I doubt this will be a true story but based on my experience if when people said the same thing at the end of 2017 and they got surprised on 2018
SEC can be true to their allegation. Investors will have to make their decision either to keep their XRP or listen to what SEC has been said. Some exchanges are already giving announcements about delisting XRP and that has to take action before it's going too late since the price of XRP is declining. These what we called uncertainty could possibly happen even in known and well-established coins in the market. We can't really be sure what will happen next and this is just like we are gambling our future here in trading.
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Majharul Saiif
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BountyMarketCap
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January 01, 2021, 04:52:27 PM |
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This is right that there is no certainty in trading. Because in trading there is volatility everywhere. Prices are not stable so no one can exactly say what will happen. But if you study more and more about the market then you will gain some experience that should help you to avoid loss.
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Danumsigwasan
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I am from Forex world.
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January 01, 2021, 06:43:25 PM |
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To be fair, the thing certainty is nowhere, so just not worry about that. The most important aspect is how well we prepare things up, as if we do that accurately, it should be sufficient enough to benefit. Having entire focus on Cryptos, I keep my eyes specifically towards Bitcoin investment strategy, because that is where things lined up right for me to benefit from and able to cope with any issues that may come up.
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dunfida
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January 01, 2021, 07:31:53 PM |
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To be fair, the thing certainty is nowhere, so just not worry about that. The most important aspect is how well we prepare things up, as if we do that accurately, it should be sufficient enough to benefit. Having entire focus on Cryptos, I keep my eyes specifically towards Bitcoin investment strategy, because that is where things lined up right for me to benefit from and able to cope with any issues that may come up. Nice linking up your blog though but things that had been putted there is quite useful but its the common one.It is true that certainty wont really fit out here on trading. Market is always unpredictable which make things more harder for us to handle but somehow due to our experience and knowledge we can really lessen out the probabilities of getting wrecked by means of those qualities.Just dont think that you should do perfect trades because those doesnt exist. It might be an unpredictable but can really be profitable if you done the right way or thing.It is just a matter of good money management and good self-control.
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Benefactor
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January 02, 2021, 07:47:31 AM |
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That is truly common thing to occur on the lookout and nothing isn't right in that. On the off chance that this cycle breaks, at that point that is on the grounds that enormous gatherings are driving the power when costs are unloaded. you should not just keep reliable to keep your eyes all the while yet you should likewise consider the different components that can influence the market.
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gamer4156
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January 02, 2021, 03:08:26 PM |
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It probably won't be exact however because of involvement or do manage the market in consistent way where you can fairly acclimate these circumstances. This is actually as it is depending to the merchant and how he's exceptional with information, experience and examination based realities to comprehend what's the conceivable next move of the market.
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