Is trading all about luck?

[Bobcrypto]

Sometimes I wonder if trading is about luck because a fellow said she has luck on a single trade and made fortune out of it, this now occurred to me to raise this topic because I know that trading is not something that works with possibility unlike gambling that works as luck.

Most time I do realized that those saying about luck is not actually luck in trading rather the luck comes when they invested in a random coin/token out there and possibly the token gain much attention over the media which made the price to surge above what they initially invested, so they decides to sell to have a good cash out at this point they would term it as someone who traded and make profits from it.

In other way round what they did is random investment all known to be scalping, during scalping when you buy any assets along the line the assets increases in price you could decide to sell and take profit to wait for another good entering point that could be for them to buy another good coin.

Honestly, Trading has nothing to do with luck, is ether you are experienced or you are ready to continuously losing funds. Trading requires experience and this knowledge must be acquired to make good profit wether you are trading on Spot, future or margin options. I think that those who Hold some coins for some time ( that is, long term) could be regarded as the lucky investors. As you may know, trading and investments are not the same, and i have considered investors/Holders as the crypto lucky business men. This is because they buy at certain low price and sell when prices improved, and the market ups or downs situations could be long or short periods.

[debra]

Honestly, Trading has nothing to do with luck, is ether you are experienced or you are ready to continuously losing funds.

We can't deny that sometimes luck may have a role in trading, too. If we aren't lucky, the market trend can change suddenly and we lose the chance to get profits. But we don't rely on the luck because the chance to success will be small in this way. If we rely on the luck, we mostly lose money because we have no proper way in trading.

Trading requires experience and this knowledge must be acquired to make good profit wether you are trading on Spot, future or margin options.

Indeed. Knowledge and experience are very needed, these are the basic things in trading. It is true, any kind of trading (spot, future, margin) requires knowledge and experience. These are the factors to determine the success of our trading.

I think that those who Hold some coins for some time ( that is, long term) could be regarded as the lucky investors.

I don't think so. Both traders and investors are the same, we all need to have proper knowledge and experience. We don't rely on the luck, it is not gambling. We only can rely on the luck in gambling, but it won't work in investment and trading. So, there is no term of luck investors or luck traders. 

[SmartGold01]

Sometimes I wonder if trading is about luck because a fellow said she has luck on a single trade and made fortune out of it, this now occurred to me to raise this topic because I know that trading is not something that works with possibility unlike gambling that works as luck.

Most time I do realized that those saying about luck is not actually luck in trading rather the luck comes when they invested in a random coin/token out there and possibly the token gain much attention over the media which made the price to surge above what they initially invested, so they decides to sell to have a good cash out at this point they would term it as someone who traded and make profits from it.

In other way round what they did is random investment all known to be scalping, during scalping when you buy any assets along the line the assets increases in price you could decide to sell and take profit to wait for another good entering point that could be for them to buy another good coin.

Honestly, Trading has nothing to do with luck, is ether you are experienced or you are ready to continuously losing funds. Trading requires experience and this knowledge must be acquired to make good profit wether you are trading on Spot, future or margin options. I think that those who Hold some coins for some time ( that is, long term) could be regarded as the lucky investors. As you may know, trading and investments are not the same, and i have considered investors/Holders as the crypto lucky business men. This is because they buy at certain low price and sell when prices improved, and the market ups or downs situations could be long or short periods.

Yeah you are right well most times it depends on individuals on how they found themselves into it like you already said most people could see it as people who are lucky for holding for long time and of course they are because holding for long range brings luck to the investors but trading is actually different from holding since most people often Lose heavily while trading due to their lack of experience in trading and they must required more practice and training to keep earning in trading.

[Sim_card]

Sometimes I wonder if trading is about luck because a fellow said she has luck on a single trade and made fortune out of it, this now occurred to me to raise this topic because I know that trading is not something that works with possibility unlike gambling that works as luck.

Most time I do realized that those saying about luck is not actually luck in trading rather the luck comes when they invested in a random coin/token out there and possibly the token gain much attention over the media which made the price to surge above what they initially invested, so they decides to sell to have a good cash out at this point they would term it as someone who traded and make profits from it.

In other way round what they did is random investment all known to be scalping, during scalping when you buy any assets along the line the assets increases in price you could decide to sell and take profit to wait for another good entering point that could be for them to buy another good coin.

Honestly, Trading has nothing to do with luck, is ether you are experienced or you are ready to continuously losing funds. Trading requires experience and this knowledge must be acquired to make good profit wether you are trading on Spot, future or margin options. I think that those who Hold some coins for some time ( that is, long term) could be regarded as the lucky investors. As you may know, trading and investments are not the same, and i have considered investors/Holders as the crypto lucky business men. This is because they buy at certain low price and sell when prices improved, and the market ups or downs situations could be long or short periods.

Yeah you are right well most times it depends on individuals on how they found themselves into it like you already said most people could see it as people who are lucky for holding for long time and of course they are because holding for long range brings luck to the investors but trading is actually different from holding since most people often Lose heavily while trading due to their lack of experience in trading and they must required more practice and training to keep earning in trading.

The complexity nature of trading makes it not easy for you to make profit from it if you don't have a good experience on trading. This is why before venturing into trading, you must understand the fundamentals analysis and technical analysis with chart reading which takes a very long time for one who is new to trading to understand. Hodli is easy and do not need much knowledge before you can hodli. Hodli only needs pat9and discipline for you to be able to hodli for a very long time to increase your investment portfolio.

[rachael9385]

Based on by little experience on trading, I can say that trading doesn't have anything to do with luck because it's not like gambling, when it's gamble then it's luck based. However, achieving big from trading you only need to study the market and have have a good strategies. A trader needs a time to acknowledge the market and the way it works so that he could know when to buy and when to sell.

[UNIVERSE]

Based on by little experience on trading, I can say that trading doesn't have anything to do with luck because it's not like gambling, when it's gamble then it's luck based. However, achieving big from trading you only need to study the market and have have a good strategies. A trader needs a time to acknowledge the market and the way it works so that he could know when to buy and when to sell.

Some people may claim no luck factor in trading. But others may experience it. I think it depends on the style of our trading. If we trade fully according to analysis and research, we can think that the luck has nothing to do. Moreover, if we always get our target in any market condition. But for the traders who still have lack of experience, luck may still influence the success. When the market is very easy to change, I think luck also plays a role.

[SmartGold01]

Sometimes I wonder if trading is about luck because a fellow said she has luck on a single trade and made fortune out of it, this now occurred to me to raise this topic because I know that trading is not something that works with possibility unlike gambling that works as luck.

Most time I do realized that those saying about luck is not actually luck in trading rather the luck comes when they invested in a random coin/token out there and possibly the token gain much attention over the media which made the price to surge above what they initially invested, so they decides to sell to have a good cash out at this point they would term it as someone who traded and make profits from it.

In other way round what they did is random investment all known to be scalping, during scalping when you buy any assets along the line the assets increases in price you could decide to sell and take profit to wait for another good entering point that could be for them to buy another good coin.

Honestly, Trading has nothing to do with luck, is ether you are experienced or you are ready to continuously losing funds. Trading requires experience and this knowledge must be acquired to make good profit wether you are trading on Spot, future or margin options. I think that those who Hold some coins for some time ( that is, long term) could be regarded as the lucky investors. As you may know, trading and investments are not the same, and i have considered investors/Holders as the crypto lucky business men. This is because they buy at certain low price and sell when prices improved, and the market ups or downs situations could be long or short periods.

Yeah you are right well most times it depends on individuals on how they found themselves into it like you already said most people could see it as people who are lucky for holding for long time and of course they are because holding for long range brings luck to the investors but trading is actually different from holding since most people often Lose heavily while trading due to their lack of experience in trading and they must required more practice and training to keep earning in trading.

The complexity nature of trading makes it not easy for you to make profit from it if you don't have a good experience on trading. This is why before venturing into trading, you must understand the fundamentals analysis and technical analysis with chart reading which takes a very long time for one who is new to trading to understand. Hodli is easy and do not need much knowledge before you can hodli. Hodli only needs pat9and discipline for you to be able to hodli for a very long time to increase your investment portfolio.

You are right not only patient but also need us to have a good wallet to hold our Bitcoin most people who loses their investment from exchange or various wallet does not use a liable and most rated wallet otherwise they wouldn't have lose their investment to scammers through fishing link or remote control by clicking a random link on the net. Any trader or investor who must last long must avoid some certain links or probably should have an external device like I mean another cell phone or smartphone or laptop to do their investment or trading to avoid hack dust attack or system compromise through friends fellow or relatives at home.

[Themepen]

I agree people mostly mistake trading for luck but it is actually about making smart choices. Someone who makes a lot of money from one trade probably did not just get lucky they made good investment. What looks like luck is often just good research and investing in something that becomes popular and increases in value. This is not luck it is smart move. Some people think scalping or quickly buying and selling is lucky but it is actually a planned strategy. To be good at trading we need to know what we are doing have experience and make smart decisions not just rely on luck.

[JISAN]

I agree people mostly mistake trading for luck but it is actually about making smart choices. Someone who makes a lot of money from one trade probably did not just get lucky they made good investment. What looks like luck is often just good research and investing in something that becomes popular and increases in value. This is not luck it is smart move. Some people think scalping or quickly buying and selling is lucky but it is actually a planned strategy. To be good at trading we need to know what we are doing have experience and make smart decisions not just rely on luck.

Trading is bad for those who start trading any coin without knowing or doing any analysis. But trading is a type of business for those who can do market analysis and have good skills on trading. This is digital business. Many people are earning huge amount of money through their trading skills. Trading is a very profitable profession, those who can be experts in trading can earn a lot of money. And they don't believe that trading depends on luck. And I myself do not believe that trading depends on luck. Just as there are many risks in physical business, there are also many risks in digital business or crypto trading. But the more experienced, the less risk there is.

[rachael9385]

Based on by little experience on trading, I can say that trading doesn't have anything to do with luck because it's not like gambling, when it's gamble then it's luck based. However, achieving big from trading you only need to study the market and have have a good strategies. A trader needs a time to acknowledge the market and the way it works so that he could know when to buy and when to sell.

Some people may claim no luck factor in trading. But others may experience it. I think it depends on the style of our trading. If we trade fully according to analysis and research, we can think that the luck has nothing to do. Moreover, if we always get our target in any market condition. But for the traders who still have lack of experience, luck may still influence the success. When the market is very easy to change, I think luck also plays a role.

Traders with no good analysis or good methods of speculating on trading can not always succeed on trading because if not the dip he won't be able to achieve any profits from his or her trade. For a trader to achieve 90% of successful trades while trading he or she needs to be good on his trading patterns and also be good in speculative or very watchful of the market price. A new trader might be trading for 2 hours without any profits but if some old traders trade for just an hour he or she might gain some profits because they have understand the market and their experience will also help them.
Am just trying to say that luck can only come in ones to a new trader.

[Jamal Aezaz]

Based on by little experience on trading, I can say that trading doesn't have anything to do with luck because it's not like gambling, when it's gamble then it's luck based. However, achieving big from trading you only need to study the market and have have a good strategies. A trader needs a time to acknowledge the market and the way it works so that he could know when to buy and when to sell.

The main difference in gambling and trading is luck but remember that in trading luck and knowledge both are necessary while in gambling there is nothing to learn but those individuals are successful who are just lucky and there is no relationship of knowledge with luck in case of gambling.

If a person is choosing random coins without using his knowledge then yes he is gambling by just focusing on his luck but experts do not gamble and utilize their knowledge in case of trading so they can understand the difference between gambling and trading. The mind of a person suggests that he is trading or gambling and we cannot change their thoughts because if a person has knowledge he will trade with an active mind but if a person has no knowledge then he will work and his fortune will determine how profitable he is.

[milewilda]

Based on by little experience on trading, I can say that trading doesn't have anything to do with luck because it's not like gambling, when it's gamble then it's luck based. However, achieving big from trading you only need to study the market and have have a good strategies. A trader needs a time to acknowledge the market and the way it works so that he could know when to buy and when to sell.

Some people may claim no luck factor in trading. But others may experience it. I think it depends on the style of our trading. If we trade fully according to analysis and research, we can think that the luck has nothing to do. Moreover, if we always get our target in any market condition. But for the traders who still have lack of experience, luck may still influence the success. When the market is very easy to change, I think luck also plays a role.

Traders with no good analysis or good methods of speculating on trading can not always succeed on trading because if not the dip he won't be able to achieve any profits from his or her trade. For a trader to achieve 90% of successful trades while trading he or she needs to be good on his trading patterns and also be good in speculative or very watchful of the market price. A new trader might be trading for 2 hours without any profits but if some old traders trade for just an hour he or she might gain some profits because they have understand the market and their experience will also help them.
Am just trying to say that luck can only come in ones to a new trader.

Sooner or later they would really be able to realize those things that gambler like kind of approach towards trading is never been that something that applicable if you do have that kind of approach because trading is something that you would really be needing up that analysis and proper thinking on what are those technicals and fundamentals that you could really be able to apply.You cant really just that make yourself dealing with it without having those kind of considerations because you cant really be that sustainable on this case. You cant be that yourself having
assurance that you would really be able to sustain. This is why it would really be important that you should really know on what you are dealing on with so that you could be able to apply
something that you are really that dealing into.

[debra]

I agree people mostly mistake trading for luck but it is actually about making smart choices. Someone who makes a lot of money from one trade probably did not just get lucky they made good investment. What looks like luck is often just good research and investing in something that becomes popular and increases in value. This is not luck it is smart move. Some people think scalping or quickly buying and selling is lucky but it is actually a planned strategy. To be good at trading we need to know what we are doing have experience and make smart decisions not just rely on luck.

Some people assume trading is about luck, it is because they don't do analysis seriously. If they only trade with random ways, it is categorized with luck-based trading. But it is a wrong way in trading because it is too risky for any people. If we trade in that way, it is very possible to get higher chance of losses. The best way is always doing analysis or research, it is like what you state above.

Scalping is good but it is not for new traders. Sure, it needs a good plan for scalping because it will be very risky when the price changes immediately. If we do scalping, it surely needs to have a good research firstly.

[rachael9385]

Based on by little experience on trading, I can say that trading doesn't have anything to do with luck because it's not like gambling, when it's gamble then it's luck based. However, achieving big from trading you only need to study the market and have have a good strategies. A trader needs a time to acknowledge the market and the way it works so that he could know when to buy and when to sell.

Some people may claim no luck factor in trading. But others may experience it. I think it depends on the style of our trading. If we trade fully according to analysis and research, we can think that the luck has nothing to do. Moreover, if we always get our target in any market condition. But for the traders who still have lack of experience, luck may still influence the success. When the market is very easy to change, I think luck also plays a role.

Traders with no good analysis or good methods of speculating on trading can not always succeed on trading because if not the dip he won't be able to achieve any profits from his or her trade. For a trader to achieve 90% of successful trades while trading he or she needs to be good on his trading patterns and also be good in speculative or very watchful of the market price. A new trader might be trading for 2 hours without any profits but if some old traders trade for just an hour he or she might gain some profits because they have understand the market and their experience will also help them.
Am just trying to say that luck can only come in ones to a new trader.

Sooner or later they would really be able to realize those things that gambler like kind of approach towards trading is never been that something that applicable if you do have that kind of approach because trading is something that you would really be needing up that analysis and proper thinking on what are those technicals and fundamentals that you could really be able to apply.You cant really just that make yourself dealing with it without having those kind of considerations because you cant really be that sustainable on this case. You cant be that yourself having
assurance that you would really be able to sustain. This is why it would really be important that you should really know on what you are dealing on with so that you could be able to apply
something that you are really that dealing into.

One good reason why trading is far more different than gambling is because if you are a trader and you were successful with $300 profits on your trade you will be given your profits and your capital (depending on how much your used to trade). But on gamble, when you used $100 to gamble on 2 odds and you won you are only going to receive $200, but it's not like that on trading (don't think am wrong).
However being a successful trader there are methods and practice the trader needs to know, and he must have an experience of loss and gaining of not there is no way that he can understand the market properly. From my observations trading can be easy when you know what you are doing.

[bayu7adi]

I agree people mostly mistake trading for luck but it is actually about making smart choices. Someone who makes a lot of money from one trade probably did not just get lucky they made good investment. What looks like luck is often just good research and investing in something that becomes popular and increases in value. This is not luck it is smart move. Some people think scalping or quickly buying and selling is lucky but it is actually a planned strategy. To be good at trading we need to know what we are doing have experience and make smart decisions not just rely on luck.

That's right... the thing that makes trading different from gambling is that, we can still do many strategies to minimize the potential for losses or defeats... there are many success factors in trading, and luck only comes at the end... so we can adjust the level of luck itself when applying certain strategies.