Is trading all about luck?

[smartaction]

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

To get profit from trading you must have good knowledge about the market. Profit loss from trading depends on experience and skill. The more experience you have in trading, the more profit you can get from trading. But yes, trading depends on experience.  Here if anyone thinks that depends on luck then it will be totally wrong. We should analyze the market well before starting trading. When I started trading in new position I had no experience in trading due to which I suffered loss many times in first position. 

[UNIVERSE]

To get profit from trading you must have good knowledge about the market. Profit loss from trading depends on experience and skill. The more experience you have in trading, the more profit you can get from trading. But yes, trading depends on experience.  Here if anyone thinks that depends on luck then it will be totally wrong. We should analyze the market well before starting trading. When I started trading in new position I had no experience in trading due to which I suffered loss many times in first position.

Agree. Knowledge is a must to know the right way in trading. If we trade in the right way, it is possible to take profits. But if we don't trade properly, it is difficult to get profits. So, knowledge, skills, and experience are some matters that determine the success in getting profits. There is nothing to do with the luck. Although the luck has an influence, it shouldn't be as big as knowledge. Sure, the main thing that we must have in trading, is knowledge/skills.

[pieppiep]

To get profit from trading you must have good knowledge about the market. Profit loss from trading depends on experience and skill. The more experience you have in trading, the more profit you can get from trading. But yes, trading depends on experience.  Here if anyone thinks that depends on luck then it will be totally wrong. We should analyze the market well before starting trading. When I started trading in new position I had no experience in trading due to which I suffered loss many times in first position.

Agree. Knowledge is a must to know the right way in trading. If we trade in the right way, it is possible to take profits. But if we don't trade properly, it is difficult to get profits. So, knowledge, skills, and experience are some matters that determine the success in getting profits. There is nothing to do with the luck. Although the luck has an influence, it shouldn't be as big as knowledge. Sure, the main thing that we must have in trading, is knowledge/skills.

Indeed it is quite appropriate to state that knowledge and skills have very significant roles in the context of the trading area. That way, we would be able to make concrete decisions by being armed with correct information than actually speculating through hunches. Evidence also exist on this matter for instance research has shown that people who engage in business are more likely to succeed if they have the capability of analyzing the probability of market trends than those who simply rely on luck. This also serves as a strength that enable us to refine our gut feels while dealing with risks so that trading gains are the product of learning and application.

[JISAN]

To get profit from trading you must have good knowledge about the market. Profit loss from trading depends on experience and skill. The more experience you have in trading, the more profit you can get from trading. But yes, trading depends on experience.  Here if anyone thinks that depends on luck then it will be totally wrong. We should analyze the market well before starting trading. When I started trading in new position I had no experience in trading due to which I suffered loss many times in first position.

Agree. Knowledge is a must to know the right way in trading. If we trade in the right way, it is possible to take profits. But if we don't trade properly, it is difficult to get profits. So, knowledge, skills, and experience are some matters that determine the success in getting profits. There is nothing to do with the luck. Although the luck has an influence, it shouldn't be as big as knowledge. Sure, the main thing that we must have in trading, is knowledge/skills.

Indeed it is quite appropriate to state that knowledge and skills have very significant roles in the context of the trading area. That way, we would be able to make concrete decisions by being armed with correct information than actually speculating through hunches. Evidence also exist on this matter for instance research has shown that people who engage in business are more likely to succeed if they have the capability of analyzing the probability of market trends than those who simply rely on luck. This also serves as a strength that enable us to refine our gut feels while dealing with risks so that trading gains are the product of learning and application.

Yes trading is like a type of business.  A physical business is a business where a businessman makes a product and sells it or imports a product and makes a profit.  But in the case of trading, one has to buy and sell a digital coin and profit from it.  So in this case there will be profit loss. Trading is not a gamble it depends on luck. You must have skills to profit from trading. You must have long experience in trading and also know different strategies. then you can profit from trading. But if you are thinking of hiring long-term investors, even if your analysis skills are not very good, then if you invest in the top coins in the market, there is a high probability that you will definitely get profit after a long period of time.

[rizqillah]

Yes trading is like a type of business.  A physical business is a business where a businessman makes a product and sells it or imports a product and makes a profit.  But in the case of trading, one has to buy and sell a digital coin and profit from it.  So in this case there will be profit loss. Trading is not a gamble it depends on luck. You must have skills to profit from trading. You must have long experience in trading and also know different strategies. then you can profit from trading. But if you are thinking of hiring long-term investors, even if your analysis skills are not very good, then if you invest in the top coins in the market, there is a high probability that you will definitely get profit after a long period of time.

Top coins give us more opportunities in trading to gain profit because top coins are easier to recover when experiencing correction. I also choose top coins for trading, because trading is about profit and loss and we use capital to do that, so we must have good risk management. Because in investing we will always be faced with risk.

[UNIVERSE]

Indeed it is quite appropriate to state that knowledge and skills have very significant roles in the context of the trading area. That way, we would be able to make concrete decisions by being armed with correct information than actually speculating through hunches. Evidence also exist on this matter for instance research has shown that people who engage in business are more likely to succeed if they have the capability of analyzing the probability of market trends than those who simply rely on luck. This also serves as a strength that enable us to refine our gut feels while dealing with risks so that trading gains are the product of learning and application.

There is no another thing that has biggest role in trading, knowledge is the main thing in trading. With knowledge, we surely can do much things. We can do analysis properly, we can determine the time to entry or sell, and many other things. Sure, we only speculate with no analysis if we have lack of knowledge. This probably ends up with losses. That is why it is very crucial to have proper knowledge in trading.

[MRY]

Top coins give us more opportunities in trading to gain profit because top coins are easier to recover when experiencing correction. I also choose top coins for trading, because trading is about profit and loss and we use capital to do that, so we must have good risk management. Because in investing we will always be faced with risk.

Indeed,
Selecting top coins to trade increases our chances of making a profit since most coins will have already rebounded after a correction. It will be wise to focus on stable coins, hence improving our chances of success, in the future.

Of course, trading is associated with risk, and the presence of adequately developed risk management is crucial to coping with any situation. It is therefore possible to protect the capital and at the same time maximize profit.

[legend45]

Indeed it is quite appropriate to state that knowledge and skills have very significant roles in the context of the trading area. That way, we would be able to make concrete decisions by being armed with correct information than actually speculating through hunches. Evidence also exist on this matter for instance research has shown that people who engage in business are more likely to succeed if they have the capability of analyzing the probability of market trends than those who simply rely on luck. This also serves as a strength that enable us to refine our gut feels while dealing with risks so that trading gains are the product of learning and application.

There is no another thing that has biggest role in trading, knowledge is the main thing in trading. With knowledge, we surely can do much things. We can do analysis properly, we can determine the time to entry or sell, and many other things.

Trading requires experience and knowledge and also skills in developing strategies in order to benefit. I agree with you we must be right in the entry and exit when doing trade, because the crypto market is very fluctuating and we must be able to do it at the right time.
It is not easy to be a professional trader because it takes time to have that understanding.

[LUCKMCFLY]

Top coins give us more opportunities in trading to gain profit because top coins are easier to recover when experiencing correction. I also choose top coins for trading, because trading is about profit and loss and we use capital to do that, so we must have good risk management. Because in investing we will always be faced with risk.

Without a doubt this is how it should be done, because practically things with the market are undeniable at times, we as traders have to have as a fundamental basis to take care of our money, there is no other way, it is the only thing that matters and the only thing that keeps us in,  that is why trading is not a matter of luck, trading is not entering the market and gambling, no, there are fundamentals, there are many things there that we should try to operate so that we do well, that is why many are dedicated to this and I consider it a constant study, sometimes the luck factor may appear , but it is not something determining.