of course both very important, especially in trading, and gambling. it takes great skill and luck in order to achieve the highest profit. I do not know if any of it will make a profit in the business world, but I believe, that we need both to succeed.
No question to ask regarding for those two elements in both gambling and trading we do need them both and make sure to implement and work things as much as possible in order to succeed if you have proper skills and luck go behind you big success will follow along the way for sure. 
Topic: Skills vs Luck *poll* - page 2. (Read 34742 times)
The skill part is more of a feel... you start developing a feel for a particular market. Fundamental factors are very important. You mix that and some technicals and then you must take a decision.
Ultimately, it comes down to luck, because you may miss a big pump due an unexpected new. For example, you expect a dip because the ETF does not pass, and set a short position, but then, the ETF passes, BTC goes to $5,000 and you go bankrupt.
Ultimately, it comes down to luck, because you may miss a big pump due an unexpected new. For example, you expect a dip because the ETF does not pass, and set a short position, but then, the ETF passes, BTC goes to $5,000 and you go bankrupt.
of course both very important, especially in trading, and gambling. it takes great skill and luck in order to achieve the highest profit. I do not know if any of it will make a profit in the business world, but I believe, that we need both to succeed.
Yeah luck is required just till the luck doesn't become unlucky for you. I mean if you have a neutral luck and good skills like comparing charts and all then no one can stop you from making profit in long term and luck doesn't mean that we will have 0% luck rather I consider lucky person having a slight advantage over a neutral person.
Never heard of neutral luck! It is either one is lucky or simply a master at what he\she does. Problem with luck is that everyday cannot be Christmas and their obviously no future with hoping on hope.Quote
You can see the example of bitcoins trading no mater how unlucky we are yet the price will rise some day and we will sell then, how can we give loss then in that trading ?
That only is the case, if a trader is knowledgeable enough to realize they cannot buy at just any price. If a trader ends up buying at the peak value, market may not be quick to return to that price level and sometimes as seen with some altcoin, it may never. Trading is also considered as gambling, and gambling really need your luck and skills. Thats why, you need them both. Even if you are really skillful, if you are unlucky, you are nothing. If you are really lucky, and you do not have skills, its like a ship without heading, just being happy sailing in the water. You really need them both.
But if you avoid playing gambling you can less your lose when you focus on trading only not because you had luck there you can assures your winning not like on trading whwn the coins is going up all you need is to sell you don't need luck on trading i depend on my skills and patience You can see the example of bitcoins trading no mater how unlucky we are yet the price will rise some day and we will sell then, how can we give loss then in that trading ?
That is the reason here many traders believe beyond our technical research there would be some external forces to decide our profits or losses. Why not can call that forces as luck factor. Only some point we can differentiate trading from gambling after that both have some similar characteristics due to this luck factor.
Well, for this, I prefer good luck, because no matter how great you analyze something, but if you're not lucky, then surely the result you will lose. but, it is better to use both of them to make a profit, because luck will not come without great skill. well, skill and luck is complementary.
As said skills is always an important factor, but if luck is found along with skills then one will be successful. Making a profit only with skills is possible rarely but with luck its easy to profit good which makes luck to be the best among skills and luck.So, both have to be in balance all the time. If we are too lucky then we will always depend on that and loose suddenly while if we just become overconfident on our skills and stop trusting luck then we might panic too soon and sell some asset for cheap.
You can see the example of bitcoins trading no mater how unlucky we are yet the price will rise some day and we will sell then, how can we give loss then in that trading ?
That is the reason here many traders believe beyond our technical research there would be some external forces to decide our profits or losses. Why not can call that forces as luck factor. Only some point we can differentiate trading from gambling after that both have some similar characteristics due to this luck factor.
Well, for this, I prefer good luck, because no matter how great you analyze something, but if you're not lucky, then surely the result you will lose. but, it is better to use both of them to make a profit, because luck will not come without great skill. well, skill and luck is complementary.
Yeah luck is required just till the luck doesn't become unlucky for you. I mean if you have a neutral luck and good skills like comparing charts and all then no one can stop you from making profit in long term and luck doesn't mean that we will have 0% luck rather I consider lucky person having a slight advantage over a neutral person.You can see the example of bitcoins trading no mater how unlucky we are yet the price will rise some day and we will sell then, how can we give loss then in that trading ?
When trading What Matters More Skills or Luck?
we can always use the skills we have, but we can not lucky every time. Trading depend on luck is such as gambling, most of novice trader and gambler is do this, we can gain trading skills from online courses or seminars or the like.here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading.I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us.
We need some luck for sure to survive in this trading platform though that been said luck alone cannot get you ahead in the race always. The more you test your luck the sooner you will get a kick.
When trading What Matters More Skills or Luck?
we can always use the skills we have, but we can not lucky every time. Trading depend on luck is such as gambling, most of novice trader and gambler is do this, we can gain trading skills from online courses or seminars or the like. 
I think trading is pure 99% depending on skills. While luck on trade are those people who don't have the skills. except for gambling and it obviously depends on luck.
It is true when we trade on platform like forex while when we deal in crypto currency and more accurately in alt coins then we need some luck too because these alt coins get dumped very soon and the pump is the ideal time to sell and no one (yes no one ! ) can guess when the pump will start and what's the peak time to sell the coins.So ultimately have to rely on our luck.
here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading.I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us.
While on the contrary we buy some best possible coins and there is some sudden issues with the team and we dump them knowing the coins are being dumped, though they might rise later. So luck is all we need man in gambling and in trading of course.
Just like every other trade that requires luck. i can say 10% luck and 90% skill. It is very hard to see a trader without loss or lesser profit than envisaged, but skills and experience reduces loss. Crytocurrency trade requires both
sorry but i am not agree with you. to i think we 90 % depend on our luck even in trading and just 10 percent on skill and experience. although in trading if you have good skill and experience then your skill and experience can increase your winning chance but still luck is the master of all, in practical life we have so many good examples. as if a person inherit a lot of property bank balance, cars houses high status and much more from his father even the person is illiterate while a well educated, skillful person is looking for a minor job to fulfill their basic needs. so the illiterate person is luck and the well educated person is not lucky and that is the only difference. 
Just like every other trade that requires luck. i can say 10% luck and 90% skill. It is very hard to see a trader without loss or lesser profit than envisaged, but skills and experience reduces loss. Crytocurrency trade requires both
sorry but i am not agree with you. to i think we 90 % depend on our luck even in trading and just 10 percent on skill and experience. although in trading if you have good skill and experience then your skill and experience can increase your winning chance but still luck is the master of all, in practical life we have so many good examples. as if a person inherit a lot of property bank balance, cars houses high status and much more from his father even the person is illiterate while a well educated, skillful person is looking for a minor job to fulfill their basic needs. so the illiterate person is luck and the well educated person is not lucky and that is the only difference. here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading.I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us.
In case it's one's lucky day and their luck earned them something good, how does one sustain the windfall and not hand it back to the market, if the skills ain't there?
here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading.I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us.
We need some luck for sure to survive in this trading platform though that been said luck alone cannot get you ahead in the race always. The more you test your luck the sooner you will get a kick.
in trading skills is dominant is compare luck
in gambling luck is dominant from skill, if you feel in trading only lucky, lucky dominant from skills, you not trading but gambling
in gambling luck is dominant from skill, if you feel in trading only lucky, lucky dominant from skills, you not trading but gambling
Just like every other trade that requires luck. i can say 10% luck and 90% skill. It is very hard to see a trader without loss or lesser profit than envisaged, but skills and experience reduces loss. Crytocurrency trade requires both
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