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Need luck or skill for trading?

  • #81
  • Jun 16, 2013 8:47am Jun 16, 2013 8:47am
trade in a way that will allow for luck
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 19.6%
  • #82
  • Jun 16, 2013 11:52am Jun 16, 2013 11:52am
Quoting pemully
I'd rather be lucky than skilled. the difference is being in the former it means riches and the latter sweat and leanness.
You are one of the few then sir..............
The More You Learn, The More You Earn.....
  • #83
  • Jun 16, 2013 12:14pm Jun 16, 2013 12:14pm
What do you call it when a person keeps getting lucky over and over? (No... not THAT type of "get lucky" )
Play the players, not the cards.
  • #84
  • Jun 16, 2013 12:21pm Jun 16, 2013 12:21pm
Quoting GnarlyPips
What do you call it when a person keeps getting lucky over and over? (No... not THAT type of "get lucky" )
a winning streak
  • #85
  • Jun 17, 2013 1:31am Jun 17, 2013 1:31am
Its really not luck, but the power of belief. If your believe that you'll make and visualize on your winnings then you'll really make it.
  • #86
  • Jun 18, 2013 11:15pm Jun 18, 2013 11:15pm
THX for your participation to fill the poll
S.C.
if there is something you should keep secret,simply just save it,, so, just
  • #87
  • Jun 20, 2013 1:06am Jun 20, 2013 1:06am
I think traders need both luck and skills.
Luck is the thing that is important in life))
  • #88
  • Jun 21, 2013 1:02am Jun 21, 2013 1:02am
Quoting leopard31
Luck is the thing that is important in life))
Waiting for luck in life won't make you to go nowhere. You must walk to your destiny instead of waiting for it to happen.
MT4/MT5 EAs/Indicators/Alerts coder
  • #89
  • Jun 21, 2013 2:18am Jun 21, 2013 2:18am
Quoting FerruFx
{quote} Waiting for luck in life won't make you to go nowhere. You must walk to your destiny instead of waiting for it to happen.
What if your destiny was to wait?
Play the players, not the cards.
  • #90
  • Jun 21, 2013 2:33am Jun 21, 2013 2:33am
Quoting GnarlyPips
{quote} What if your destiny was to wait?
Waiting for something which might not happen is a waste of time.
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  • #91
  • Jun 21, 2013 6:02am Jun 21, 2013 6:02am
Quoting leopard31
I think traders need both luck and skills. Luck is the thing that is important in life))

Luck is the biggesr uncertainity in our lives.

We don't know when luck comes to us. May be it won't come forever.

Better if we try the hard way to achieve something.
  • #92
  • Jun 21, 2013 10:31am Jun 21, 2013 10:31am
Quoting sandycarrot
do you ever experienced lose to during your trading ? if yes ,!! although overall can still profit that mean = still need little luck in trading S.C.
I'd see more as probabilities instead of luck. Luck is a dice toss for your entries without any kind of analysis , a good system is based on probabilities and correct execution.
  • #93
  • Jun 22, 2013 8:01pm Jun 22, 2013 8:01pm
Quoting FranCisc0
{quote} I'd see more as probabilities instead of luck. Luck is a dice toss for your entries without any kind of analysis , a good system is based on probabilities and correct execution.

agreed
if there is something you should keep secret,simply just save it,, so, just
  • #94
  • Jul 15, 2013 12:48am Jul 15, 2013 12:48am
We need both in order to become a good trader but major part is played by skills, not luck. A lucky trader will get more setups according to his strategy and an unlucky ones might miss a lot.
  • #95
  • Jul 15, 2013 12:59am Jul 15, 2013 12:59am
Quoting hedging
A lucky trader will get more setups according to his strategy and an unlucky ones might miss a lot.
This has to do with the strategy and your discipline to use it ... absolutely not luck.

Luck won't give you more or less setups.
MT4/MT5 EAs/Indicators/Alerts coder
  • #96
  • Jul 15, 2013 5:57am Jul 15, 2013 5:57am
Nothing wrong with a bit of luck being thrown into the mix. Not only in trading but also in life.
Nothing worth having is easy.
  • #97
  • Jul 15, 2013 6:27am Jul 15, 2013 6:27am
This song tell it all

Inserted Video
  • #98
  • Jul 15, 2013 7:08am Jul 15, 2013 7:08am
Gambling require luck and trading require skill. if you doing trading like gambling then need luck and if doing serious trading then need skill.
  • #99
  • Jul 15, 2013 12:22pm Jul 15, 2013 12:22pm
You need both at least, since skills are needed for you to survive in trading and luck to make you trading profitable even.
  • #100
  • Jul 15, 2013 7:49pm Jul 15, 2013 7:49pm
Quoting mumuy
... and luck to make you trading profitable even.
If you need luck to make your trading profitable, you are not a trader.
MT4/MT5 EAs/Indicators/Alerts coder
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