Is trading all about luck?

[doc]

In trading I do not rely on luck, because I focus more on the knowledge and experience that I have because when the market changes we also have to change the strategy that we can do so that we still get profit and do not cause losses to our investment.
that's why many people suggest that we always practice to hone our skills and gain experience so that we can face every change in the crypto market that is difficult to predict.

You have done the right way in trading. 
Yep, we don't rely on the luck because trading has nothing to do with luck. Trading is about knowledge, we can trade in the right way if we have the knowledge. Experience is also another factor, this is really helpful in trading. With experience, we know how to deal with any condition in crypto market. If we have this ability, we even can get profits both in bearish and bullish season. This is what professional traders do!!

A professional trader knows when to trade and when to avoid trading. Avoid trading when the market is bad. If one trades when the market is going bad then one can incur losses in trading. Trading can be profitable when the market conditions are good. We need a lot of knowledge and experience to make a profit in trading.If one does not have experience in trading he will never be able to profit. Trading is never based on luck. The more we do trading the more experience we can gain about trading.

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb.
although I am not a professional trader because I still often experience losses when trading.

[UNIVERSE]

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb. although I am not a professional trader because I still often experience losses when trading.

It is okay if you prefer to stop trading if the market condition looks bad. It is better to focus buying potential coins for a long term holding. When the market looks like to rebound, it is good time to trade again because it will be easier to get profits. We don't need to wait for a long time to see the green market anymore. However, this requires analysis to know when the market will likely rebound again.

Scalping is good but you need to know it well. It can be worse thing to do if you have lack knowledge about scalping. It is also the same as arbitrage, we don't do this carelessly. This is not for newbies, it is for experienced people.

[smartaction]

In trading I do not rely on luck, because I focus more on the knowledge and experience that I have because when the market changes we also have to change the strategy that we can do so that we still get profit and do not cause losses to our investment.
that's why many people suggest that we always practice to hone our skills and gain experience so that we can face every change in the crypto market that is difficult to predict.

You have done the right way in trading. 
Yep, we don't rely on the luck because trading has nothing to do with luck. Trading is about knowledge, we can trade in the right way if we have the knowledge. Experience is also another factor, this is really helpful in trading. With experience, we know how to deal with any condition in crypto market. If we have this ability, we even can get profits both in bearish and bullish season. This is what professional traders do!!

A professional trader knows when to trade and when to avoid trading. Avoid trading when the market is bad. If one trades when the market is going bad then one can incur losses in trading. Trading can be profitable when the market conditions are good. We need a lot of knowledge and experience to make a profit in trading.If one does not have experience in trading he will never be able to profit. Trading is never based on luck. The more we do trading the more experience we can gain about trading.

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb.
although I am not a professional trader because I still often experience losses when trading.

It would be wrong to trade with the thought that you will always gain from trading because some times you will gain from trading and some times you will lose from trading. A professional trader will start trading after understanding the state of the market because he risks his money for small mistakes.  It will wear in. Those who are professional traders have very less chance of loss. We can profit from trading only if we have a good idea about trading.

[milewilda]

In trading I do not rely on luck, because I focus more on the knowledge and experience that I have because when the market changes we also have to change the strategy that we can do so that we still get profit and do not cause losses to our investment.
that's why many people suggest that we always practice to hone our skills and gain experience so that we can face every change in the crypto market that is difficult to predict.

You have done the right way in trading. 
Yep, we don't rely on the luck because trading has nothing to do with luck. Trading is about knowledge, we can trade in the right way if we have the knowledge. Experience is also another factor, this is really helpful in trading. With experience, we know how to deal with any condition in crypto market. If we have this ability, we even can get profits both in bearish and bullish season. This is what professional traders do!!

A professional trader knows when to trade and when to avoid trading. Avoid trading when the market is bad. If one trades when the market is going bad then one can incur losses in trading. Trading can be profitable when the market conditions are good. We need a lot of knowledge and experience to make a profit in trading.If one does not have experience in trading he will never be able to profit. Trading is never based on luck. The more we do trading the more experience we can gain about trading.

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb.
although I am not a professional trader because I still often experience losses when trading.

It is really that part of strategy on which you should really know on when to trade and when its not. Knowing the market condition whether its too volatile or not then it would really be that up to you whether you would be making up some trading or would really be letting the market settles first before you would really be making any move. It wont really be that a bad idea that you should really making up those kind of considerations on the moment or time that you do find yourself dealing up with the market. There would really be that right timing on when to get in
and when to get out and to those times that you should be having some short pause on doing up trades.

[lombok]

In trading I do not rely on luck, because I focus more on the knowledge and experience that I have because when the market changes we also have to change the strategy that we can do so that we still get profit and do not cause losses to our investment.
that's why many people suggest that we always practice to hone our skills and gain experience so that we can face every change in the crypto market that is difficult to predict.

You have done the right way in trading. 
Yep, we don't rely on the luck because trading has nothing to do with luck. Trading is about knowledge, we can trade in the right way if we have the knowledge. Experience is also another factor, this is really helpful in trading. With experience, we know how to deal with any condition in crypto market. If we have this ability, we even can get profits both in bearish and bullish season. This is what professional traders do!!

A professional trader knows when to trade and when to avoid trading. Avoid trading when the market is bad. If one trades when the market is going bad then one can incur losses in trading. Trading can be profitable when the market conditions are good. We need a lot of knowledge and experience to make a profit in trading.If one does not have experience in trading he will never be able to profit. Trading is never based on luck. The more we do trading the more experience we can gain about trading.

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb.
although I am not a professional trader because I still often experience losses when trading.

It is really that part of strategy on which you should really know on when to trade and when its not. Knowing the market condition whether its too volatile or not then it would really be that up to you whether you would be making up some trading or would really be letting the market settles first before you would really be making any move. It wont really be that a bad idea that you should really making up those kind of considerations on the moment or time that you do find yourself dealing up with the market. There would really be that right timing on when to get in
and when to get out and to those times that you should be having some short pause on doing up trades.

Timing is also an essential factor of our plan to know when to trade very actively and when to remain passive. Whether a market is too volatile to forecast is not a decision that is necessarily easy to make and is one that improves with experience. The potential to decide to do nothing until the market starts to move again is actually wise. This kind of consideration means we have a better handle on our risk exposure than might occur in a situation where there are sudden fluctuations. We will also determine the best time to enter and exit into the market, and providing time to rest from trading can also be one way of cutting down volatility in our decisions.

[JISAN]

Timing is also an essential factor of our plan to know when to trade very actively and when to remain passive. Whether a market is too volatile to forecast is not a decision that is necessarily easy to make and is one that improves with experience. The potential to decide to do nothing until the market starts to move again is actually wise. This kind of consideration means we have a better handle on our risk exposure than might occur in a situation where there are sudden fluctuations. We will also determine the best time to enter and exit into the market, and providing time to rest from trading can also be one way of cutting down volatility in our decisions.

Trading basically depends entirely on experience and skill. It can't be said to depend on luck because the market never changes differently for individual so we can't say that it depends on luck if it depends on luck then it will prove that every trader has the same luck. Profit from trading depends on how well you know the market. And how well you can analyze. Even more important is whether you are able to close your positions at the right time. The more timely he can close his position, the more profitable he is

[royalRitta]

Timing is also an essential factor of our plan to know when to trade very actively and when to remain passive. Whether a market is too volatile to forecast is not a decision that is necessarily easy to make and is one that improves with experience. The potential to decide to do nothing until the market starts to move again is actually wise. This kind of consideration means we have a better handle on our risk exposure than might occur in a situation where there are sudden fluctuations. We will also determine the best time to enter and exit into the market, and providing time to rest from trading can also be one way of cutting down volatility in our decisions.

Trading basically depends entirely on experience and skill. It can't be said to depend on luck because the market never changes differently for individual so we can't say that it depends on luck if it depends on luck then it will prove that every trader has the same luck. Profit from trading depends on how well you know the market. And how well you can analyze. Even more important is whether you are able to close your positions at the right time. The more timely he can close his position, the more profitable he is

Luck and timing are also there, in my opinion, they are just not the main factors in this kind of activity. Mostly the thinks you described affect what you can get from it.
 

[Sim_card]

In trading I do not rely on luck, because I focus more on the knowledge and experience that I have because when the market changes we also have to change the strategy that we can do so that we still get profit and do not cause losses to our investment.
that's why many people suggest that we always practice to hone our skills and gain experience so that we can face every change in the crypto market that is difficult to predict.

You have done the right way in trading. 
Yep, we don't rely on the luck because trading has nothing to do with luck. Trading is about knowledge, we can trade in the right way if we have the knowledge. Experience is also another factor, this is really helpful in trading. With experience, we know how to deal with any condition in crypto market. If we have this ability, we even can get profits both in bearish and bullish season. This is what professional traders do!!

A professional trader knows when to trade and when to avoid trading. Avoid trading when the market is bad. If one trades when the market is going bad then one can incur losses in trading. Trading can be profitable when the market conditions are good. We need a lot of knowledge and experience to make a profit in trading.If one does not have experience in trading he will never be able to profit. Trading is never based on luck. The more we do trading the more experience we can gain about trading.

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb.
although I am not a professional trader because I still often experience losses when trading.

A professional trader is not exempted from losses, they run at loss too. If you are making more profit than losses win trading, it means that trading is good for you and you should continue, but if you are running at loss more than profit, it is better that you stop trading. Trading is not by force but it should be that you are passionate about it, and have your own strategy that you can come up with to help you be profitable when trading.

[satpol_PP]

A professional trader is not exempted from losses, they run at loss too. If you are making more profit than losses win trading, it means that trading is good for you and you should continue, but if you are running at loss more than profit, it is better that you stop trading. Trading is not by force but it should be that you are passionate about it, and have your own strategy that you can come up with to help you be profitable when trading.

At the beginning of my trading I also often experienced losses and I did not give up and learned to change strategies, deepening the analysis   because becoming a trader who can get higher profits than losses is not easy and requires experience. Currently I always practice by analyzing every mistake I make with focus, finally now I can get profit in every trade I make. because risk management is also needed in trading.

[MRY]

A professional trader is not exempted from losses, they run at loss too. If you are making more profit than losses win trading, it means that trading is good for you and you should continue, but if you are running at loss more than profit, it is better that you stop trading. Trading is not by force but it should be that you are passionate about it, and have your own strategy that you can come up with to help you be profitable when trading.

At the beginning of my trading I also often experienced losses and I did not give up and learned to change strategies, deepening the analysis   because becoming a trader who can get higher profits than losses is not easy and requires experience. Currently I always practice by analyzing every mistake I make with focus, finally now I can get profit in every trade I make. because risk management is also needed in trading.

However, every trader knows that he is going to loss sometime and it is very normal. When we are able to make more revenues than the expenses incurred during the operation, then we realize that we are on the right path, and have the right plan. In trading we cannot afford to remain static because the situation keep changing in the market place. If we can identify a pattern that yield positive result, it makes sense to keep on with and optimize the approach.

If we subject ourselves to more losses than profits, this is an indication that we may require a change of strategy. It should not be a business of forcing or pushing but doing what you love with a good plan. We have to develop something like our own favorite strategy that is more tailored to our personalities, where things like organization and contingency assessment always form a part of the equation. Having learned how to identify the right level of risk and potential profit we would be able to move forward to further becoming master traders.

[enoch_from_off]

A professional trader is not exempted from losses, they run at loss too. If you are making more profit than losses win trading, it means that trading is good for you and you should continue, but if you are running at loss more than profit, it is better that you stop trading. Trading is not by force but it should be that you are passionate about it, and have your own strategy that you can come up with to help you be profitable when trading.

At the beginning of my trading I also often experienced losses and I did not give up and learned to change strategies, deepening the analysis   because becoming a trader who can get higher profits than losses is not easy and requires experience. Currently I always practice by analyzing every mistake I make with focus, finally now I can get profit in every trade I make. because risk management is also needed in trading.

Would you be able to become a full-time trader with your experience, or you still would only leave it as a side job of sorts?

[kulkhan]

Timing is also an essential factor of our plan to know when to trade very actively and when to remain passive. Whether a market is too volatile to forecast is not a decision that is necessarily easy to make and is one that improves with experience. The potential to decide to do nothing until the market starts to move again is actually wise. This kind of consideration means we have a better handle on our risk exposure than might occur in a situation where there are sudden fluctuations. We will also determine the best time to enter and exit into the market, and providing time to rest from trading can also be one way of cutting down volatility in our decisions.

Trading basically depends entirely on experience and skill. It can't be said to depend on luck because the market never changes differently for individual so we can't say that it depends on luck if it depends on luck then it will prove that every trader has the same luck. Profit from trading depends on how well you know the market. And how well you can analyze. Even more important is whether you are able to close your positions at the right time. The more timely he can close his position, the more profitable he is

Yes i also did not think trading is only depend on luck. Luck need to success in trading but it is one part. Experience and skill also important part to profit in trading. Without Experience and skill anyone couldn’t profit in trading i strongly believe it.

I think who will trade only depend on luck hw will be losser there has no doubt. But of anyone were skilled an experienced he will be successful in trading today or tomorrow. So my advice if anyone want to trade please gather knowledge about trading.

[milewilda]

In trading I do not rely on luck, because I focus more on the knowledge and experience that I have because when the market changes we also have to change the strategy that we can do so that we still get profit and do not cause losses to our investment.
that's why many people suggest that we always practice to hone our skills and gain experience so that we can face every change in the crypto market that is difficult to predict.

You have done the right way in trading. 
Yep, we don't rely on the luck because trading has nothing to do with luck. Trading is about knowledge, we can trade in the right way if we have the knowledge. Experience is also another factor, this is really helpful in trading. With experience, we know how to deal with any condition in crypto market. If we have this ability, we even can get profits both in bearish and bullish season. This is what professional traders do!!

A professional trader knows when to trade and when to avoid trading. Avoid trading when the market is bad. If one trades when the market is going bad then one can incur losses in trading. Trading can be profitable when the market conditions are good. We need a lot of knowledge and experience to make a profit in trading.If one does not have experience in trading he will never be able to profit. Trading is never based on luck. The more we do trading the more experience we can gain about trading.

You are right, I also sometimes avoid trading when the market is bad and wait until the market is getting better and I do scalping when the market starts to climb.
although I am not a professional trader because I still often experience losses when trading.

It is really that part of strategy on which you should really know on when to trade and when its not. Knowing the market condition whether its too volatile or not then it would really be that up to you whether you would be making up some trading or would really be letting the market settles first before you would really be making any move. It wont really be that a bad idea that you should really making up those kind of considerations on the moment or time that you do find yourself dealing up with the market. There would really be that right timing on when to get in
and when to get out and to those times that you should be having some short pause on doing up trades.

Timing is also an essential factor of our plan to know when to trade very actively and when to remain passive. Whether a market is too volatile to forecast is not a decision that is necessarily easy to make and is one that improves with experience. The potential to decide to do nothing until the market starts to move again is actually wise. This kind of consideration means we have a better handle on our risk exposure than might occur in a situation where there are sudden fluctuations. We will also determine the best time to enter and exit into the market, and providing time to rest from trading can also be one way of cutting down volatility in our decisions.

One of the most common action that you must do on the moment that you would really be finding yourself having some adjustments basing up on the market condition. You cant really just
that make out some decisions on diving in without having considerations on trying out to distinguish on which one should really be done whether you would be making out some act
or would really be that trying out to be passive basing up on the market condition on which there would really be those times or moments on where you would really be needing
to make out such decision whether you should pursue or not.

[luckyledger]

One of the most common action that you must do on the moment that you would really be finding yourself having some adjustments basing up on the market condition. You cant really just
that make out some decisions on diving in without having considerations on trying out to distinguish on which one should really be done whether you would be making out some act
or would really be that trying out to be passive basing up on the market condition on which there would really be those times or moments on where you would really be needing
to make out such decision whether you should pursue or not.

Indeed, all the positions should be entered with some ideas and thoughts behind them - otherwise, it's a gamble and usually doesn't end well for a trader.

[Mr. Magkaisa]

Timing is also an essential factor of our plan to know when to trade very actively and when to remain passive. Whether a market is too volatile to forecast is not a decision that is necessarily easy to make and is one that improves with experience. The potential to decide to do nothing until the market starts to move again is actually wise. This kind of consideration means we have a better handle on our risk exposure than might occur in a situation where there are sudden fluctuations. We will also determine the best time to enter and exit into the market, and providing time to rest from trading can also be one way of cutting down volatility in our decisions.

Trading basically depends entirely on experience and skill. It can't be said to depend on luck because the market never changes differently for individual so we can't say that it depends on luck if it depends on luck then it will prove that every trader has the same luck. Profit from trading depends on how well you know the market. And how well you can analyze. Even more important is whether you are able to close your positions at the right time. The more timely he can close his position, the more profitable he is

         -       Maybe it is possible if I consider that trading is in accordance with what we experience, and here we learn through things that are not the right strategy that we do. In short, before we really have enough knowledge about it, we will experience frequent defeats.

Because, of course, we will have an experiment or exploration about the use of different strategies or indicators that will be used to get a firm profit
here in the crypto space. .