Is there luck in trading?

[Naga 1250]

21 hours ago, Hamk said:

They don't have to be blame it is just lack of knowledge or faith or panic that Lead to that

i would not go so far and cal it panic because even now i sold my bitcoin at 8480$ even tho i know it could go up more in the future but its a matter of taking quick profits

[Zues 1069]

18 hours ago, armor said:

Being a successfully trader attract more luck to your side, but determination make it happen

Sometimes there is luck in trading like a little difference of the market price and your prediction and by that lucky you win your trade unexpectedly. 

[Brushless4500KV 4214]

On 11/6/2019 at 11:52 PM, kobi said:

I hear most traders say, I just wasn't lucky with that trade, and I begin to truly wonder if success in trading has to do with good luck or if failures in trade has to do with bad luck. 

I believe in luck to some extent but not more than 30%. Luck is more related to gambling. Trading has some rules that you should follow to increase your chance of success. Failure in some cases can be attributed to luck but in most cases it is a matter of wrong assessment of the market. I think more than 50% of trading success depends on trader behavior.

[kobi 86]

On 1/7/2020 at 7:29 PM, Zahangir12 said:

Yes I think you definitely need luck for business A Although experience is important for business, the more efficient you can make more money for trading and make a lot of profit, then business luck is very important.

If you read through you'll see that most people hold the opinion that trading with the view of experiencing luck could be more or less compared to gambling, what do you hold of this?

[Naga 1250]

On 1/8/2020 at 4:46 PM, Jackmil said:

Trading is a skill and experience. Maybe luck can also be a small factor of trading. It depends on how you trade. Don't get your hopes up on luck.

trust me luck is indeed in crypto and we have seen so many lucky people already and specially those who bought coins prior to the 2017 bull run and made 10x in a week.

[kadayakito 765]

There is luck in trading but it is very few, if the transaction depends only on luck, the transaction is very difficult to succeed. Successful transactions do not depend on luck

[Jimmy 437]

Luck does have an effect but unlike some gambling games that depend entirely on trading luck has a ratio of 80:20 to 90:10 in my opinion between Skill: Luck, Trading requires in-depth analysis and of course careful planning and profitability may only affect trading time only, Maybe you have other opinions?

[Armcannon 858]

No I think it's not a good idea to depend on your luck when you are trading.by doing that you may just lose your capital.do your research.study first.learn how to use the platform.and ask experts.on how to make successful trade that will make you a good trader.

[ShakilA 373]

Luck also very important things in trading.Your skills is more important.After skills you need also better luck.If your luck also not better,then you need to work hard

[Investors Blog 385]

Trading is not for everyone, if you dont know and understand the fundamentals of trading you are bound to lose your investment. You should always take to time to read the news so you have an idea which coin is bound to rise in the coming days or weeks. Also having the ability to read the chart and history is a big plus in trading.

[Amir Vao 341]

In the crypto market I don't say that luck is not depend. Some time it work. But maximum time experience and techincal analysis work. So if you want to be a good trader than you have to learn it. Without any kind of knowledge about trading you will lose your fund.

[nicolas1234789 2566]

Luck is just term to describe inability to catch moment, no big deal. Trading is art and we understand mathematics is not enough to face market need safety and sensitivity to see market habit. They fail in this part and use " luck " to blame logic.

[dinabolt 514]

I believe luck is real and came from instinct, not from logic or realistic mindset. That is not predictable but when came good profit will be mine. The problem is we can't identify luck with logic but of course I wish both in my activity always there.

[Zues 1069]

12 hours ago, amcryptolover said:

There is a bit of luck involved in trading much like anywhere else in life. But yeah, trading has its own limitations as well. Sometimes, we also need to neglect the luck factor and put in what is in our hands 🙂

Sometimes there is luck in trading because in the unexpected situation that you think you're going to lose but the luck is with yours and you win. 

[Sahbana 212]

On 1/1/2020 at 10:08 AM, armor said:

If you earn it is your luck and when you loss it is your luck, you determine the nature of your luck either bad or good

Yes it all depends on our way of thinking, whether it is just luck or indeed we are good at trading. But I still believe that luck is there.

[Goody28 259]

I really think success in trade have to do with luck most of the time it also depends on trading skills and traders can't solely depend on luck

[Man 741]

I have never seen anyone who hopes for luck in trading. Because trading can not just hope for luck and choose coins that are invested carelessly. All there must be an analysis first before buying.

[SuperCrypto 7193]

On 11/6/2019 at 10:22 PM, kobi said:

I hear most traders say, I just wasn't lucky with that trade, and I begin to truly wonder if success in trading has to do with good luck or if failures in trade has to do with bad luck. 

Relying on luck in any field of life is considered one of the biggest mistakes that a person makes
Luck is something that exists, but luck does not come much except for those who work and strive .. In the currency market, a deal gain by luck .. is offset by the loss of thousands of deals.

[Whydoyoucare 1094]

For me there is no such luck in trading, in trading all does matters is your knowledge and your decision makings. in trading you muse be wise all the time because if not your going to lose all your money you invested on it.

[MOProgress 363]

Honestly, there is no luck in trading, you will need to study every market and coin before you place your orders whether buy or sell. If you go by luck, you will definitely loose all your capital. Trade what you know and understand not what you assume will be good.

[Zeyazan 204]

Luck can go into it, but very little.Because this work is based on real scientific rules and information. and people learn lessons that can cost up to $1000

But in terms of luck it can enter with the beginners only in my personal opinion of course

[Morganshtern 1774]

Of course there's luck, but don't always wait for luck to help you, it's a small part, mostly in your own skills.

[Dolpharius 675]

On 07.11.2019 at 04:22, kobi said:

I hear most traders say, I just wasn't lucky with that trade, and I begin to truly wonder if success in trading has to do with good luck or if failures in trade has to do with bad luck. 

you must first understand yourself and your actions and the terminology that is characteristic of our life - when you answer classical questions to yourself then you will find answers to everything.

[Ridam 7455]

Yes the luck matters a lot but strategy that are you applying and the analysis that you have done over the past and experience that you have regarding the price determination is also the key factor for trading. But if your luck is totally bad and you always get loss then you have to prepare better to make a luck better and to earn more.

[shafi123 187]

I think holding coins for large term and gets benefit than short term holing coins. Its depend on the trading skills of a trader.