Post
Topic
Board Trading Discussion
Re: Trading is based on probability.
by
Insanerman
on 18/07/2020, 10:36:35 UTC
A lot of people do not want agree that surviving in the market today requires every trader to come to terms that they are trading on probability and at every moment of the trade there are series of different possible outcomes.

As a trader, the best you can do is find the most likely scenario based on the data you have and understanding the risk involved too.
Choose the best probable outcomes that favors you to avoid stories as rekt.

That is true, since there are more and more traders coming up nowadays, the competition is becoming harder and more unpredictable.
Actually a lot of traders, as what I observed, are into day-tradings. If it happen more often, I do see lower probability to some coin on going to the moon since its price is just going up and down.
The best coins to invest to are those that are powerful to the market. Like bitcoin does.