Is there luck in trading?

[SuperCrypto 7193]

Relying on luck in trading is one of the biggest mistakes that a trader makes. Notice is something that exists, but luck does not come much except for those who work and strive and in the currency market gain of a deal with luck offset by the loss of thousands of deals.

[phizusiki 239]

On 12/31/2019 at 7:54 PM, Krysta said:

I don't really think that luck has anything to do with trades its just finding the right moment to buy and sell and observe the rules in crypto trading

Luckily, cryptocurrency trading though the proposal may be only 10%, the remaining 90% is professional and experienced. So it all depends on our efforts to succeed to continue learning new trading methods. because there are some factors under your control when trading but in gambling, it's just pure luck.

[Treat1234 0]

On 11/27/2019 at 3:42 PM, pangitmo said:

There is but don't always wait for the luck to happen, think of your own ways to get your goals. Luck will not be there always.

Yea, we don't need to wait for lucky, try all means by your efforts to do what you are capable of doing to have a greater lucky to come your ways

[Bohana 2143]

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. 

Luck does play a good role in trading, but you shouldn't always depend on the luck or blame it because the mistake can be made by you. It's more about how you analyse and predict, not just luck.

[phizusiki 239]

On 2/22/2020 at 8:41 AM, zork said:

There is some luck involved but for the most part that is not the case and you earn money based on your own skills.

I think commerce needs a good analysis of this market, and most people want a website that trades well and I think most people want a website that is safe and reliable, so I like it. good translation. The fact that the start of cryptocurrency exchange must have an advantage. That is, sometimes there are benefits, sometimes there are losses. My important thing is that you may hate it

[YanYuan 35]

Luck is best experienced in contests, especially on demo accounts. Then there is no risk of losing funds and you can check your luck. Anyone who wants to conduct a test with benefit, then stormgain on friday starts a contest on demo accounts with real prize money. This is a good way to practice and test your luck. Good luck!

[Treat1234 0]

On 3/9/2020 at 11:10 PM, fila said:

A lot of trading has to do with luck especially when you are just starting out with trading. After time you get more experienced and then the luck actor is not really there anymore but luck will always be involved somehow.

You need your efforts for the luck to locate you, if you are lazy and you trade without experience, I don't think luck will be at your side

[phizusiki 239]

On 1/5/2020 at 10:45 PM, Binjit said:

You are right 50% our luck is working in trading but i dont think everytime luck is working
If we do hard work for trading i think luck is less working but our skill and sharp brain is working much

Never and a day passes by for fortunes to happen, consider your possessive behavior to understand your goals. the coincidence will not be near. Luck plays a limited part in trading on the stock market if you have a good system that has the advantage. Take the roulette at a casino - you know that the house has an advantage because roulette pays 35 to 1 of 36 numbers and they have zero.

[teminalibug 309]

On 3/12/2020 at 7:15 PM, Jone20 said:

It is not a matter of luck altogether, but trading is a big area that needs, before you are pregnant with a successful strategy, to be smart and quick to interact with the market and flexible. We must always keep up with the market and its positions and not be stiff in your view of it.

I would say it is not a matter of luck at all, sometimes you get lucky yes but never trade expecting luck.

[jamesvince 2389]

On 11/7/2019 at 1:22 AM, 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. 

Although luck has great role in our success or failure in our lives but if we totally depends on luck and never learned to how to trade on crypto currency market then it is only profit in few days and we mostly suffering into loss. 

[teminalibug 309]

Just now, Jone20 said:

It is true and I am convinced that there is no income for luck in circulation, but I am often surprised when the market always turns against me, all currencies win except those I enter, and when I get them out, they fly.

I think it's just bad blood, I used to be the same, but that happened to me mostly when i trade by luck.

[Philippe2001 356]

Trading in cryptocurrencies is prone to loss and profit. There is an exhortation only at work time,
 you may be absent for two days, waste a lot of profit, 
and you may be lucky at some time and find a currency that rises in a big way.
 

[phizusiki 239]

On 1/5/2020 at 4:27 AM, Moneykiller said:

It's 50/50 luck and skills .you need to have both to be successful in this platform beside this if you don't have any skills to trade then even your 100% luck can't make you successful .

How well you trade and patiently taking enormous risks, failures and successes are concerns with your skills. For trading requires knowledge and sharp brains. If the trader is at a loss, he doesn't say my brain and my savvy are bad but says my luck is bad

[pacific 2268]

The simple answer is Yes!

You need luck to be able to trade without loss, but not all the times the luck favors for a person, so the main gist is you need to analyze yourself when it's right time to trade, just see the history of the coin, gather its statistics and it's gross increase or sudden dump, analyze it's graph and total circulation, and volume(24hr) or in a week or a month. Once all these information is gathered, it's upto you when you need to invest or buy, nobody could predict future, so main thing is you need to be lucky and at some point your analysis should be true or like to be happening, if you have done a lot of research on the project or the plaform you're investing in.

 

[kizz 3370]

I think so but do not call it as a luck. It is maybe miscalculated possibility that turn into a opportunity. Everything you bet in buying and selling of goods requires experienced and hardwork. That's the thing you needed in trading.

[ComeBackIsrael 185]

I think that luck does not exist in trading, the word "luck" was made specifically to avoid admitting their mistakes, this also applies to traders. 

[Trofimova 133]

No, this is not related in any way, luck just does not exist, people who got rich on some coin just happened to be at the right time and in the right place 

[phizusiki 239]

On 1/26/2020 at 11:25 AM, Ripolok said:

Its not just luck. Update your trading plan weekly or monthly to include new ideas and eliminate bad ones. Go back and read the plan whenever you fall in a hole and are looking for a way to get out.

Trading what you know and understand is not what you think is going well. Don't always wait for luck to help you, it's a small part, mostly in your own skills. You always lose, you have to prepare better to make better luck and make more money.

[Thekingcallme 1975]

I think there is some luck in trading, but trading does not depend on luck but rather on analysis in the cryptocurrency market

[rekter 8129]

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. 

Anyone saying it doesn't have luck is lying, history and indicators just act as a framework for possible outcomes. Those don't guarantee any outcomes. Here's some reading about the luck. https://www.marketwatch.com/story/random-darts-beat-hedge-fund-stars-again-2019-06-26

[koussai999 1986]

Luck plays an important role in everything in life, but trading is an important part of luck because the analysis of the chart and the price can be correct and it can be no and luck can interfere in this matter.

[Yomose 3704]

There is luck in trading but the luck can only come when we know all about trading, good and expert traders will see price favor very well but there are time of unluckiness too.

[Raqeebzy 6456]

Definitely. There's luck in trading, however I believe some level of know-how and experience might do a long way to safe one from illuck. Proper technical and analytical skills, emotional free trading and free of greed is what every trader needs to achieve great.

[bitcoinb 1359]

@kobi  The luck factor is important and visible in all aspects of the life. Even a lucky guy have periods without luck, it's simply the life!

[BitcryptoHan 2557]

14 hours ago, bitcoinb said:

@kobi  The luck factor is important and visible in all aspects of the life. Even a lucky guy have periods without luck, it's simply the life!

You are right but for a trader to be successful or for anyone to be successful, the luck aspect should not be considered.