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Topic: Day trade is more a lucky thing or skill - page 21. (Read 2938 times)

sr. member
Activity: 456
Merit: 250
Day trading is of luck as well skill based thing. Because, even after hard analysis the market gets into a unpredicted way. This cannot be overcome with ease, very few overcome it through the alternative plans that they always keep for such situations. Apart from this lucky people get the best unlike the market moves.
hero member
Activity: 1386
Merit: 504
I'd try to disagree: how can you explain that there are players (traders) who constantly gain profits, and some, who constantly loose. Is it really only luck?
That's why is he asking to get some ideas to help him decide and know it. For me its best to say and for him to try it and not just based on the rumors and moneymouth from his friends. Skill is a lifetime to cope with the hardest part of of the trading and if your lucky i think its mean you are doing some safety practices to earn and maybe his friends not told him how they do make it.
member
Activity: 294
Merit: 10
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 think that with the constant adjustment of bitcoin prices at the moment, day trading is the best and safest choice, bitcoin prices are constantly fluctuating and greatly affecting the price of altcoin. Only a slight adjustment can cause the price of altcoin to drop a lot. Daily trading can help you minimize risk, you need to analyze accurately, combined with market information and continuous monitoring of bitcoin prices, you can not rely on completion at this time.
member
Activity: 238
Merit: 10
“The Future of Security Tokens”
I'd try to disagree: how can you explain that there are players (traders) who constantly gain profits, and some, who constantly loose. Is it really only luck?
member
Activity: 134
Merit: 10
I think day trading is the same skill and more lucky because once you trade you get big profit and the same thing you are learning more and more about our knowledge when it comes to trading world
newbie
Activity: 98
Merit: 0
Skill and lucky really necessary on day trading, if you have no experience about daily trading, keep holding is good choice for you. Lucky is not always beside you, so you need enough skill to through that trading.

You can pass without luck but you can't without skill. The most important thing in trading is experience.
member
Activity: 105
Merit: 10
Skill and lucky really necessary on day trading, if you have no experience about daily trading, keep holding is good choice for you. Lucky is not always beside you, so you need enough skill to through that trading.
legendary
Activity: 1442
Merit: 1008
A combination of both. trading also needs a strategy and it is a skill that needs to be sharpened and improved. Trade without strategy? then goodbye.




I think you should be smart enough to know how to create diagrams and how to decipher the information from the same chart. Not an easy task and that's why less than merchants are day traders, it's a tough thing to do.
It seems luck to outsiders but it takes a ton of skills for day trading effectively. Not only must you have bankroll, discipline, emotional control, time management, market understanding, and many other skills.
Skills of course, even though luck involved it might become the last touch. You need to be skillful first then be lucky . It's indeed a combination of both but skills itself more dominant everyone knows about that , so I would call it as a skill thing , no one get a straight lucky for 1 year or even just a month to get a steady profit doing day trade  , trading itself in general about experience, knowledge and technical also analytical  skills .
member
Activity: 378
Merit: 19
Xch4nge.com
Luck isn't just a genetic factor as most people think. But more because of behavioral factors or our attitude when seeing something.

From personal experience I would say its more of a luck than a skill. I'm a hundred per cent no expert when it comes to day trading and I've done well with it. Everything was just pure luck, I've failed to know which coin it was a million times and lost money. Of course being constantly on the market charts and doing research helps, but at the end of the day its all luck in my eyes.

I agree with you.
Lucky people usually are more open to chance, good at creating a chance, also acting when opportunities earrive, and able to make better decisions without having to know the cause. He's also always expecting luck, and can change an event, which may be considered harmful, but can be changed into something useful, for example "the current fall in the price of cryptocurrency. There may be some a person who considers it, a leading cause of loss" but not for him because of the situation like this's a favorable moment, because anyone can buy it with extraordinary pieces.
member
Activity: 170
Merit: 10
It is not true after all, you really need to understand that trading is not so easy as many people think, and if you do not know how to trade, you are going to lose all your money
jr. member
Activity: 126
Merit: 1
From personal experience I would say its more of a luck than a skill. I'm a hundred per cent no expert when it comes to day trading and I've done well with it. Everything was just pure luck, I've failed to know which coin it was a million times and lost money. Of course being constantly on the market charts and doing research helps, but at the end of the day its all luck in my eyes.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
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?

Day trading is more of skills than just luck. Trading is general is all about skills and not luck.  You can not rely on luck to make profits for you.  You have to make necessary research to acquire the required knowledge and information. In order to trade successfully, you'll have to follow the charts and price trend strictly.
full member
Activity: 361
Merit: 106
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?
It is skill that you must learn! You don't have trading skill then you will have a hard time to grow your investment in day trading. It is important to gather information first that can improve our knowledge and skills.  
Well i also believe that this is some of the skills that we can actually have to improve for and we can actually have the thoughts of how are we may able to be the part of this era that having this kind of skill of day trading.
newbie
Activity: 132
Merit: 0
I would personally say its a mixture of both, luck and skill. By achieving skill you obviously need to be long enough in the business, that way you gain experience, knowledge by some news articles, here or even on YouTube. Knowledge also comes with the experience. Luck is a personal thing, a lot of people aren't lucky like others, but it is what it is, life treats everyone different. I personally always say that day trading is solely based on luck.
newbie
Activity: 154
Merit: 0
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 think both are important on the day trade. You can't trade perfectly only on the basis of luck. 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.
newbie
Activity: 95
Merit: 0
We live in a society in which everyone, having taken an independent path, automatically begins to participate in the trading process. We all sell our work, knowledge, skills, professional skills and skills, and the ability to sell as much as possible and better becomes more important. That's why people who are professionally engaged in commerce should be proud of their choice. Trades related to trade have many attractive sides.
sr. member
Activity: 952
Merit: 274
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?
It is skill that you must learn! You don't have trading skill then you will have a hard time to grow your investment in day trading. It is important to gather information first that can improve our knowledge and skills.  
full member
Activity: 540
Merit: 100
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 can say that day trade is not a luck because it is a skill. Day traders can't earn daily income from doing day trading if they do not have technical analysis skills. Most of day traders nowadays are now using technical analysis because they know that they will get reliable information by using it.
newbie
Activity: 42
Merit: 0
Daily trade can be luck for a trader depends on the how health the market is that day. However,  if trade in some other day is bad it affect the gain or it becomes lose of the trader. To my best opinion I can say that trade depends on the type of token you want to trade and demand for it the plans and the market of team members also affect trade
jr. member
Activity: 104
Merit: 3
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?
Every day in the trading it gives us the experience or skill, because while taking on trading we are increasingly thinking about how we can improve our investment.
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