Skills vs Luck *poll*

[Mr.grin]

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.

[manselr]

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.

[shintosai]

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.

[the rise]

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.

Talk about calculation of nominal numbers, we must use skill and can't depend on luck, even use both.

On trade, we always analyze the movement of graphics from market, and issue of global news. That's true if you need a bit of luck as well, but if you are able to eliminate thoughts about luck. Congratulations, your mind has become a money machine with more accurate professional level.

[dmamigo]

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.

Quite nearly agreeable, but if you have interest in a particular market and you have the sets of skills, then it is possible to not miss the the key factors or timings, but yeah there are exceptions.

[bitbob82]

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.

yes therefore no doubt that both are important but still i will like to add that luck is more important than skill and experience. because i have good experience of that i have seen so many people who do not have any skill but still they are supervision so many skillful people.

[mirakal]

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.

yes therefore no doubt that both are important but still i will like to add that luck is more important than skill and experience. because i have good experience of that i have seen so many people who do not have any skill but still they are supervision so many skillful people.

Just focus on improving your skills, and let your luck come to you because it will come in the right time. Trading is s serious venture and no person would be successful in the long run relying on skills only. Think that it is your job and in order for you to do your job right, you have to be knowledgeable to do it, afterwards, your skills will be develop as you constantly educate yourself.

[DoublerHunter]

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.

yes therefore no doubt that both are important but still i will like to add that luck is more important than skill and experience. because i have good experience of that i have seen so many people who do not have any skill but still they are supervision so many skillful people.

Just focus on improving your skills, and let your luck come to you because it will come in the right time. Trading is s serious venture and no person would be successful in the long run relying on skills only. Think that it is your job and in order for you to do your job right, you have to be knowledgeable to do it, afterwards, your skills will be develop as you constantly educate yourself.

Yes that is right. Keep improving skills and don't ever ever depend on luck because if so, then you will not succeed in trading because i believe that there is no luck in trading because it is all about skills, having great skills. If you are newbie then you need to study hard and develop skills which can help you to engage different great decisions which will benefit to you in the long run. No to luck, It is all about SKILLS .

[gabmen]

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.

yes therefore no doubt that both are important but still i will like to add that luck is more important than skill and experience. because i have good experience of that i have seen so many people who do not have any skill but still they are supervision so many skillful people.

Just focus on improving your skills, and let your luck come to you because it will come in the right time. Trading is s serious venture and no person would be successful in the long run relying on skills only. Think that it is your job and in order for you to do your job right, you have to be knowledgeable to do it, afterwards, your skills will be develop as you constantly educate yourself.

Yes that is right. Keep improving skills and don't ever ever depend on luck because if so, then you will not succeed in trading because i believe that there is no luck in trading because it is all about skills, having great skills. If you are newbie then you need to study hard and develop skills which can help you to engage different great decisions which will benefit to you in the long run. No to luck, It is all about SKILLS .

Well luck comes and goes. Its pretty random and no one has control over when they'll be blessed to be lucky. This is where skill plays a big part. If you're not lucky on a certain day, being skilled in trading would pretty much bail you out from losing a lot of money. Skill is accumulated over time and experience and i think its a much more importat aspect because skill will be constantly with you compared to luck

[delliaerd]

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

I agree, good Trader do the job depend on skill. every trader have their  own indicator to trading. Luck will not come everytime, doing Trading like gambling is dangerous, if He put the capital in wrong place he can bankrupt only in one day.
Trader has strategy and trading system, so they put the bullet on the right target.
Luck is good but skill is one thing that every trader must have.

[Uncurlhalo]

Its both .
Should have given only two options , skills and lucks to determine . Which one of them override the other

I think it is skill , Luck can run for sometime but it will end .
Skills is the knowledge you have and no one can take it from you

[Sled]

I choose both because i believe that our works not only in trading always need skills and luck because if we have both that then it will be easier for us to make profits. Skills are better than any other kind of characteristic but luck is the best because you can't only depend on skills because sometimes luck does better than skills especially on trading.

[JeffBrad12]

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.

Gamble is not needed your skill and luck but just tell the site owner to make the provably fair of his site.

And you can win and never get a loss every time.

[raven7886]

you can't only depend on skills because sometimes luck does better than skills especially on trading.

I guess your experience must not be in trading but maybe in gambling. Otherwise I assume, you may go for trading with gambling approaches. Because only those traders, do find their skills play lesser role than luck factors.

In my view also both skill and luck are needed for trading but I never find luck plays a better  role than skill.

[KuromaYoichi]

Both skill and luck are needed for trading, but skill is more dominant as you will use it to analyze the movement of the graph to know when to buy and sell. Luck is also needed as the final catalyst in making your prediction become real. You can't control your luck but at least you have full control over your skill to analyze things.

[iqlimasyadiqa]

Both skill and luck are needed for trading, but skill is more dominant as you will use it to analyze the movement of the graph to know when to buy and sell. Luck is also needed as the final catalyst in making your prediction become real. You can't control your luck but at least you have full control over your skill to analyze things.

I agree with you . skill is the main point in trading. we are required to do a proper analysis in making your decisions. while luck is a thing which I call as a contributing factor. because with any luck we can ensure profitability in the final results of each trading.

[densuj]

Both skill and luck are needed for trading, but skill is more dominant as you will use it to analyze the movement of the graph to know when to buy and sell. Luck is also needed as the final catalyst in making your prediction become real. You can't control your luck but at least you have full control over your skill to analyze things.

I agree with you . skill is the main point in trading. we are required to do a proper analysis in making your decisions. while luck is a thing which I call as a contributing factor. because with any luck we can ensure profitability in the final results of each trading.

Yes, with skills on trading activity although we are wrong prediction when analysis,
we still can be cut lost then wait and see until there is chance for making profit from trading,
and the lucky is good for gambling activity than trading activity.

[coinplus]

we still can be cut lost then wait and see until there is chance for making profit from trading,

This is the point actually where we need our luck to help us. Because no trader will be able to predict exactly what will happen with price movements. There are many occasions, in those markets will go against us and could not find any  help other than depending on our luck to favor us to conclude that trade in profits.

[Natalim]

we still can be cut lost then wait and see until there is chance for making profit from trading,

This is the point actually where we need our luck to help us. Because no trader will be able to predict exactly what will happen with price movements. There are many occasions, in those markets will go against us and could not find any  help other than depending on our luck to favor us to conclude that trade in profits.

Luck can help but it's not a big factor to consider, when you trade you analyze how the price move to predict the right movement and with lack of research will lead you to poor analysis and let's say you are lucky that time and you made it right, but how about the next prediction, are you sure your luck will still save you? I guess we better be more educated than just relying so much with our luck, consistency is what we need.

[Dudeperfect]

we still can be cut lost then wait and see until there is chance for making profit from trading,

This is the point actually where we need our luck to help us. Because no trader will be able to predict exactly what will happen with price movements. There are many occasions, in those markets will go against us and could not find any  help other than depending on our luck to favor us to conclude that trade in profits.

Even though the talent and skills are acquired by hard work, the luck part is always distributed randomly and equally to everyone so there is no chance of doing something to improve luck part as in skills and talent one can improve it day by day by practising regularly. I always go with the skill part because I never had any jackpot with luck.