Skills vs Luck *poll* - page 7. | Bitcointalksearch.org

raven7886

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Quote from: StarofBTC on November 17, 2016, 02:57:10 AM

If we believe into luck is due to God's touch, then there will be no possibility of successful trade without that.
At the same time simply believing in to God will not help anyone. But, having both will give us assured profit from trading but having luck all the time is not possible and it is not within our control.

The beauty of luck is it is completely beyond our control, that is the reason people are worshiping it. At the same time, skill is fully within our control still people are not giving full respect to it.
In my opinion, skill is alone more than enough to have better luck. We do not just need luck to have opportunities, we can create opportunities with our skill. I believe I can be luck if I am having right skills.

rizkyhiw

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Quote from: StarofBTC on November 17, 2016, 02:57:10 AM

Quote from: Positid on November 17, 2016, 02:09:10 AM

We need luck of course that why even successful business pray to God to give them more blessing and that luck is our blessing. Our skills is a gift to us but we cannot just rely on it for the rest of our life as it could not be effective in the future. Having luck and skills will give you more chance to succeed.

If we believe into luck is due to God's touch, then there will be no possibility of successful trade without that.
At the same time simply believing in to God will not help anyone. But, having both will give us assured profit from trading but having luck all the time is not possible and it is not within our control.

yeah i agree , with luck only i think people could not do much in reaching profit
but with skills only you still have to get profit even not steady
and now imagine once you have both luck and skills used, what would happened?
of course the perfect situation that everyone needed, but if i should choose one, i think to have skills more important.

sportis

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Veni, Vidi, Vici

Trading with cryptocurrencies is the same as in shares and fiat money exchange. Does anyone know a successful trader without skills like as sharp mind, insight, everyday hard work good information and creative stress? Now, if a skillful trader sometimes is lucky then certainly be welcome. But only fortune in a competitive market is not suffice.

StarofBTC

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Quote from: Positid on November 17, 2016, 02:09:10 AM

We need luck of course that why even successful business pray to God to give them more blessing and that luck is our blessing. Our skills is a gift to us but we cannot just rely on it for the rest of our life as it could not be effective in the future. Having luck and skills will give you more chance to succeed.

If we believe into luck is due to God's touch, then there will be no possibility of successful trade without that.
At the same time simply believing in to God will not help anyone. But, having both will give us assured profit from trading but having luck all the time is not possible and it is not within our control.

Positid

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Quote from: RealPhotoshoper on November 17, 2016, 01:15:34 AM

Quote from: el kaka22 on November 16, 2016, 05:25:59 AM

Quote from: Zadicar on November 15, 2016, 09:57:53 AM

Both things are important when you do trading because skills is also important in able to execute trade because if you dont have any knowledge and skills about trading your move would be useless and also luck will just supply a little bit because if youre lucky enough to open an order on a good entry point and you do exit on the right time then youre lucky enough because its a guarantee profits for you.

But a skilled trader, does not need to rely on his luck to enter and to exit trades at right times.
Just his skills will help him to do so. In other words, skills will maximize the chances of being lucky. Knowledge and skills are the keys for a successful trading even luck has some minor role along with those keys.

i think even a trader with thousands years experience and tons of skills still need some luck.
in my opinion both are interrelated and interdependent.
but yeaa i agree with your opinion overall as skills could maximize the chance to win and luck complete it all.

We need luck of course that why even successful business pray to God to give them more blessing and that luck is our blessing. Our skills is a gift to us but we cannot just rely on it for the rest of our life as it could not be effective in the future. Having luck and skills will give you more chance to succeed.

RealPhotoshoper

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Quote from: el kaka22 on November 16, 2016, 05:25:59 AM

Quote from: Zadicar on November 15, 2016, 09:57:53 AM

Both things are important when you do trading because skills is also important in able to execute trade because if you dont have any knowledge and skills about trading your move would be useless and also luck will just supply a little bit because if youre lucky enough to open an order on a good entry point and you do exit on the right time then youre lucky enough because its a guarantee profits for you.

But a skilled trader, does not need to rely on his luck to enter and to exit trades at right times.
Just his skills will help him to do so. In other words, skills will maximize the chances of being lucky. Knowledge and skills are the keys for a successful trading even luck has some minor role along with those keys.

i think even a trader with thousands years experience and tons of skills still need some luck.
in my opinion both are interrelated and interdependent.
but yeaa i agree with your opinion overall as skills could maximize the chance to win and luck complete it all.

bitcoinisbest

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Skill is certainly required to identify the opportunity and then you require a luck to make that work in your favor. Because not always thing go the way as it is required sometime luck is what make the things change the course of its direction.

LuanX3

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In my opinion, the more skill and effort you put into your craft the more lucky you get. Luck is a matter of generating opportunities to get lucky. So if you don't have enough skill most probably you will think you are unlucky. But being more skillful and you get to earn plenty of money from that skill, then people will say you are lucky.

Zadicar

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Quote from: el kaka22 on November 16, 2016, 05:25:59 AM

Quote from: Zadicar on November 15, 2016, 09:57:53 AM

Both things are important when you do trading because skills is also important in able to execute trade because if you dont have any knowledge and skills about trading your move would be useless and also luck will just supply a little bit because if youre lucky enough to open an order on a good entry point and you do exit on the right time then youre lucky enough because its a guarantee profits for you.

But a skilled trader, does not need to rely on his luck to enter and to exit trades at right times.
Just his skills will help him to do so. In other words, skills will maximize the chances of being lucky. Knowledge and skills are the keys for a successful trading even luck has some minor role along with those keys.

You have a point though skills would really matter on trading but still luck had some roles on it to have a successful trade. Knowledge and skills would really be the important thing to sustain and make good trades and as we all know though that learning trading isnt easy at all because it would really takes time to learn it.

bitllionaire

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Quote from: SmartIphone on July 02, 2016, 12:11:14 PM

Quote from: intrader on July 02, 2016, 10:58:19 AM

When trading What Matters More Skills or Luck?

Since we can't manage the market price then I can say that luck > skills.
To earn a good profit while trading needs skills of course because you should research about what you are trading but the luck is more important. I traded doge a lot in the past and the luck made me earn more and once bankrupt all my earnings.

yes i am also agree with you, to me luck is the kind of all kind of trading and investment, to me people are not earning because of their skill, education or experience, but to me their luck make them enable to make money, it is my personal experience that i have seen so many people who are really making good money but they are uneducated having no skill or experience and some more educated and skillful people are working for them. so luck is the most important thing in all kind of trading and investment.

mirakal

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Quote from: el kaka22 on November 16, 2016, 05:25:59 AM

Quote from: Zadicar on November 15, 2016, 09:57:53 AM

Both things are important when you do trading because skills is also important in able to execute trade because if you dont have any knowledge and skills about trading your move would be useless and also luck will just supply a little bit because if youre lucky enough to open an order on a good entry point and you do exit on the right time then youre lucky enough because its a guarantee profits for you.

But a skilled trader, does not need to rely on his luck to enter and to exit trades at right times.
Just his skills will help him to do so. In other words, skills will maximize the chances of being lucky. Knowledge and skills are the keys for a successful trading even luck has some minor role along with those keys.

Even me if I am skilled enough, I would not rely on luck what I need in trading is consistency and I believe only in being skillful will you can achieve that consistency, if I am lucky and skillful at the same time then that's a gift I should thank of as I will be making money regularly.

el kaka22

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Quote from: Zadicar on November 15, 2016, 09:57:53 AM

Both things are important when you do trading because skills is also important in able to execute trade because if you dont have any knowledge and skills about trading your move would be useless and also luck will just supply a little bit because if youre lucky enough to open an order on a good entry point and you do exit on the right time then youre lucky enough because its a guarantee profits for you.

But a skilled trader, does not need to rely on his luck to enter and to exit trades at right times.
Just his skills will help him to do so. In other words, skills will maximize the chances of being lucky. Knowledge and skills are the keys for a successful trading even luck has some minor role along with those keys.

Zadicar

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Both things are important when you do trading because skills is also important in able to execute trade because if you dont have any knowledge and skills about trading your move would be useless and also luck will just supply a little bit because if youre lucky enough to open an order on a good entry point and you do exit on the right time then youre lucky enough because its a guarantee profits for you.

sunsilk

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Quote from: hawkins on November 12, 2016, 01:22:32 PM

skill without any luck will be very difficult to win, and good luck with no skill, you're better off gambling. Well, in trading, it takes two things to be able to get profit. skill and luck are two important things you must pay attention and you keep, so that you can make a lot of money and not lose in trading

That is why I'm always depending also with luck but it is going to be the best if you are going to refer both of it.

If you are a very skilled person and you have a lot of talent then you will not going to have a very big problem and you believe in luck.

But if you have them and you think you are good enough and don't rely with luck for you believe luck is just coming by

Then that will be a problem.

markyminer

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Quote from: ged00u on November 12, 2016, 10:40:59 AM

Both of these two factors are required in trading. However, Skills are more necessary which helps people to earn a stable income. You can not always depend on your luck because luck only appears about 1% in your whole trading career. And it will be much effective if you can combine both luck and skills. This will make you totally a master in trading and you will soon be rich. So that's it, you need to learn and study more to gain more knowledge and start trading now to get more experience and skills

yes i am also agree with you that both these tools are important for success, if you really want to become successful in trading you must be a luck person and you must also have good skill and some experience in relevant field.

BitHodler

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Quote from: katrimans on November 14, 2016, 03:53:04 PM

Quote from: hawkins on November 12, 2016, 01:22:32 PM

skill without any luck will be very difficult to win, and good luck with no skill, you're better off gambling. Well, in trading, it takes two things to be able to get profit. skill and luck are two important things you must pay attention and you keep, so that you can make a lot of money and not lose in trading

Yes, luck is only considered the best in gambling to earn money but when you talk of other aspects of cryptocurrency trading, then skills will have to come first followed by luck which is also good. But in every action we perform, we need both skills and luck to achieve the best results. Without luck, I have experienced failure even I believe I have skills.

Luck can offer a helping hand in some cases, but that's about it. If I look at myself in times I am trading with volatility, then the experience helps me to make final decisions.

There are cases when some sort of luck is wanted when I make a wrong trade for example, but as I said, it's luck.

Some times the luck is indeed offering me a helping hand, but when I don't have luck, it also puts me with my nose on the fact that I made a bad trade with a small loss as result.

It's all part of the game. You have to accept that you some times end up making bad trades resulting in a small loss. The key is to look at what you did wrong, and move forward.

katrimans

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Quote from: hawkins on November 12, 2016, 01:22:32 PM

skill without any luck will be very difficult to win, and good luck with no skill, you're better off gambling. Well, in trading, it takes two things to be able to get profit. skill and luck are two important things you must pay attention and you keep, so that you can make a lot of money and not lose in trading

Yes, luck is only considered the best in gambling to earn money but when you talk of other aspects of cryptocurrency trading, then skills will have to come first followed by luck which is also good. But in every action we perform, we need both skills and luck to achieve the best results. Without luck, I have experienced failure even I believe I have skills.

sabbirshm

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Quote from: Maslate on November 13, 2016, 10:54:50 PM

Quote from: hawkins on November 12, 2016, 01:22:32 PM

skill without any luck will be very difficult to win, and good luck with no skill, you're better off gambling. Well, in trading, it takes two things to be able to get profit. skill and luck are two important things you must pay attention and you keep, so that you can make a lot of money and not lose in trading

We are not talking of gambling here, it's a trading discussing section so we it does not have any relevance. Gambling is more risky compared to trading because your skills in gambling might not work in the long run but if you have skills in trading it will give you success of making money here.

If we talk about trading then its mostly depends on skills like experience,market knowledge.And luck doesn't matter heavily. But gambling is like mirror of trading cause it's need mostly luck,skill won't help you lot.So, overall I want both skills and luck to become successful.

Maslate

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Quote from: hawkins on November 12, 2016, 01:22:32 PM

skill without any luck will be very difficult to win, and good luck with no skill, you're better off gambling. Well, in trading, it takes two things to be able to get profit. skill and luck are two important things you must pay attention and you keep, so that you can make a lot of money and not lose in trading

We are not talking of gambling here, it's a trading discussing section so we it does not have any relevance. Gambling is more risky compared to trading because your skills in gambling might not work in the long run but if you have skills in trading it will give you success of making money here.

MarketMagic

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Good services are out there if you look for them and can be useful.Here are some good free or donate trading tips for bitcoin v usd pair.

https://coins.newbium.com/post/4408-bitcoin-v-usd-market-signal-for-saturday-november

Topic: Skills vs Luck *poll* - page 7. (Read 34767 times)

Topic: Skills vs Luck poll - page 7. (Read 34767 times)