Topic: Day trade is more a lucky thing or skill - page 14. (Read 2912 times)
Yes I can say that daily trade is luck than been experience in sometime. Also, the your are watching he threaded of market you can get the profitable trade that day. However, in trading skill is not the important thing.
Trading is a skill whether it is long term or day trading. Day trading needs more concentration, dedication and experience as compared to long term. To call it just luck is to discredit the abilities of traders.
Not only skill but luck is also too much important in trading. If you do not have any skill in trading then it is too much risky even more than gambling. So for becoming successful in trading you need to have a good trading skill and experience, without having good skill in trading gambling is more risky to make money form it.
I am following a lot of traders and seems like they dont always get right
I think it is a bit of both skill and good fortune.I have seen the best hands in the market lose a trade even when everything were rightly set.We cannot be 100 percent certain things will go as planned.That is where luck comes to play.
Trading requires an in-depth analysis to make profit using suitable strategies based on market condition. So please, understand that it is not a gambling stuff that you think you are lucky if you make profits. So, my answer day trading is more about your skill not a lucky after all.
Yes because I have good skills. This is an advantage, there is no doubt that using my cryptocurrancy currency uses my skills but it takes time and I think day trading really requires skills rather than just luck.
Skills is very useful also don't disregard luck it needs and skills is making it more than efficient to make profits. Skills is the aspect that makes even a single coin with a small chance but has a good gains you can make more on it and you know when you will go and exit.
Skill and patience
Yes because I have good skills. This is an advantage, there is no doubt that using my cryptocurrancy currency uses my skills but it takes time and I think day trading really requires skills rather than just luck.
Who has good information data and technical analysis, he can do every day for a few percent of profit per day, and this requires proven sources, such can be a platform Trade.io 
Trading is a fruit chaat so you need everything in it, you need skills, you need patience, you need knowledge and experience and you need luck as well because the thing you are worry about HOLDING YOUR EMOTIONS is possible if you will have good patience, at the time of dip we need to trust our skill and we need people to wish us good luck, so we cannot rely entirely on luck and we cannot stand without skills only to earn good profit out of trading we need both actually.
You can not control the market, so let's say it is not just luck. Day trading requires skill with luck. Without skill, you will buy dump coins and lose the capital without verifying the market.
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My friend told me that is just about how lucky you are, and not a skill.
I do not agree with your friend. But I believe it is impossible to improve without luck.I don't agree with that friend of his but I also think that it's not correct what you said about not being possible to improve without luck. Luck has nothing to do with improvement of your trading skills, knowledge, experience and learning on the other hand do.
Trading requires a strategy, it is impossible if we just rely on our hearts and luck. So trading, especially in crypto it's all about skill, ability and strategy.
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
It's a combination of skills and luck. Through skills we would be able to identify the strength and weaknessess of the market and through our luck, we would be able to know when's the right time to sell and to buy. Trading would be needing enough knowledge and wisdom.
The know which i has is we need to have enough skills and luck to participate in the day trading, for day trading we need some efficient knowledge in order to place the buy and sell orders. Sometimes we may lose value by buying them at the high value and we have to sell them for low value. As a trader, he won't bother about the short terms loss.
each day change can be good fortune for a dealer depends at the how fitness the market is that day. but, if trade in a few other day is awful it affect the benefit or it turns into lose of the dealer. To my best opinion i'm able to say that change relies upon on the form of token you want to trade and demand for it the plans and the market of group contributors additionally affect trade
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
Day trading ,the goal is to end the day with profit so for me it has more to do with skill, knowledge and experiencre than luck ,luck is preparation and opportunity in action, if you are prepared to take action when opportunity arises then you can create your own luck,there are opportunities everyday just be prepare.
Trading within a short time has need more skill unlike trading for long term. Its more prsctice to do before it be perfect in day trading. Users might first to experience to be failed in trade but this is a good help to learn which the good way to be more suitable. Sufficient skill to predict whether the trend goes up of down
In day trading you must have the skill in doing it. And bring you allot of luck. If you have this two. You will make a good profit.
Maybe day trade for them is a skill but before they got that they study and learn it before they got the best strategy of day trading. Luck is always there maybe they lucky to have smart strategy it comes to day trading.
I dont believe its a skill, for a couple of months investing in cryptocoin using chart, the result doesnt work, The flow of cryptocurrency are unpredictable, I strongly believe it is by luck:)
I think the skill decides 70% success. Luck is important, but surely no one earns money when trading day and can be 100% sure of earning profits from luck.I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
ToTo be able to trade successfully at this moment I think you can not be lucky, you can see that bitcoin prices are constantly fluctuating and rising sharply, the market is bearish in the long run so To succeed commercially is very difficult. Bitcoin prices are constantly fluctuating and you must have a specific trading plan, accurate analysis, and accompanying it to be associated with market information. They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
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