Post
Topic
Board Trading Discussion
Re: Trading is unpredictable job.
by
8Habits
on 17/10/2016, 04:44:57 UTC
Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital.

yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time

But i will not agree that trade is unpredictable as if a person will get experience in trade and that person will learn about different assets and will not invest in new comers then he will be able to predict that what will happen to that particular asset.
yes i also agree with you that if you have good experience in gambling then you can really predict about trading but if you do not have any experience and skill of trading then you cannot predict about trading.
We are trading because we want to invest in ourselves, and to be successful we need to train ourselves to learn all the necessary information as a basis of our decision making, experience will be earn if we do it regularly, and in the long run we will be able to analyze well the right prediction is we keep learning from our mistakes in the past.

That is right - when we trade, we either win or learn. There will be some losing trade from time to time but along the way and when you get the hang of it, you will have more winning trades than losing trades. When you are experienced enough, you will know how to control yourself when there is an immediate pump - by then, you will know where t position yourself for profit.