I don't think it's a lucky thing , it's all about your skills, your predictions.
People that think that day trading is about luck do not really know what they are talking about, they are just excusing themselves by their lack of skill by claiming that everyone that earns money through day trading was just lucky, that is their way to defend themselves and not to take responsibility for their actions, lack of experience and skills. 
Topic: Day trade is more a lucky thing or skill - page 15. (Read 2938 times)
my luck on day trade is not big since I don't have much knowledge to analyze the trend and sometimes I still make a mistake to analyze the price. so maybe I will choose two days or three days trade or weekly trade because I think in the weekly, the price can increase higher although it's too big. it still better for me to take a profit weekly than daily because if I calculate my profit, still weekly trade is bigger than the daily.
It depends on how you trade. If you're looking at a spread of coins then it's all luck because it's hard tell what is happening next. For focusing on one coin it can be skill based as you're researching a lot about the direction of a coin
i've been day trading for a week now. managed to get a 10% to my portfolio. so far so good. just need to wait for the right time to enter.
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?
As for me, it would be needing both skill and luck. We can't do day trading without enough skills because if we won't know what we are doing, we might fail and have losses. Also, it would be needing a combination of luck because it is also like a wild guessing a day.
According to my day-to-day transactions, I need both skills and luck. In fact, with the fast movement of the value types of crypto. Skills still play a decisive role in achieving profitability. But luck is also a necessity. But not everyone has that luck.
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. Skill and experience are important. Luckily - it is only part of the commercial issue in the crypto market. Trading with charts and tools is always effective. Or at least you have analytical skills. It will reduce the risk and loss rate for you.
I agree with your opinion. Just like the ABCD test, each answer is 25%, but luckily, the answer is very low ... So experience, market analysis skills, charts, coin, ... always need are top ranked.
Day trading requires lots of skills to carefully analyse the trend to be able to put a close limit by the higher percentages of profits in a short period of time. To be able to execute this are amongst ones wishes whom just started day trading in cryptocurrency.
Day trade is a luck and risky. Because if you do day tradig you need to be engage in market and monitor every single minute or else you will left behind.
The current market is down, if the daily trading is very risky for you and may not be good if you continuously sell and buy for now, the prices of altcoin are falling quite deep.
This is the worst time for day traders as prices are down and still falling. You can't make profit if nothing rises. 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?
I argue that with a market that is constantly adjusting to the present, if you step into a transaction and have no knowledge it will be very dangerous and I am confident that you will fail and lose very heavily. . The market is bearish in the long run so you have to have a clear plan when trading, analyzing accurately and combining market information to make the most accurate trading decisions. 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 is a very difficult kind of job. Everybody should think many times before making such a decision of being a day trader. It does not sufficiently to master trading skills to be a successful day trader because it also need to have huge experience and to be a lucky person as well.
I agree, it's really a difficult job. Even though you have a lot of success rate on trading, day trading is still a risk. In my own opinion, day trading needs a good skill, you must be good at prediction if you want to engage in day trading, and also you must be good at handling your feelings. You must handle your feelings, because loss is inevitable in crypto, and most likely in day trading.
Day trading is a very difficult kind of job. Everybody should think many times before making such a decision of being a day trader. It does not sufficiently to master trading skills to be a successful day trader because it also need to have huge experience and to be a lucky person as well.
I don't think it's a lucky thing , it's all about your skills, your predictions.
Yes. Skill, judgment and experience play a decisive role in day-to-day commerce. But luck will never be lacking for traders. Although, it's just a short moment that they may not realize.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?
People who do Day trading usually have so much time to monitor the exchanges and also day trading is also really risky especially when you do trading on high volume market, the price can easily changed every second and you must keep follow it.
The current market is down, if the daily trading is very risky for you and may not be good if you continuously sell and buy for now, the prices of altcoin are falling quite deep.
IT is a skill especially in bearish market terms. MEantime you need 2 sources for the trade. First one is budget to trade means fiat or crypto currency but second source that is the most important one is time to make trade daily which is minimum 3 hours in total.
it seems that daily trading requires more expertise than luck because if you do not have the skills then it seems you will find it hard to earn very much profit using daily trading.
If trading is a blessing and a skill, if you have the luck you will have many miracles going on and you will have the skill to get that deal. and i like the vif you get them 2 in 1 lucky thing and skill
Well you are right in day trading luck matters a lot but I think for being a well trained day trading you we need the combination of skills and luck, how skillful we are but if the market and your luck is not supporting you so you will not be able to get good profit, as the market value is so volatile it never remains same so using our luck to hold and skills while buying we can become an expert day trader. Jump to: