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Question: when trading skills and luck which is more important?
Skills - 51 (28.2%)
Luck - 20 (11%)
both - 110 (60.8%)
Total Voters: 181

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Author Topic: Skills vs Luck *poll*  (Read 34676 times)
Wandering Soul~
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August 01, 2016, 02:37:50 AM
 #81

I think both is necessary for trading like Luck will give you opportunities and skills will be the one to make your trading successfull. But relying on luck is a pretty bad thing in trading

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August 01, 2016, 05:36:07 AM
 #82

For me skills is much important mostly when you already have experience in trading . in trading not all people are lucky to pick some coin and have profit for buying and selling it many newbie  buy accidentally a shit  coin couse  don't have enough knowledge what is good and what is bad to buy. If you already have skill and enough knowledge it's easy fot you to buy and sell.

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August 01, 2016, 10:08:20 AM
 #83

When trading What Matters More Skills or Luck?
In my opinion is skill because on trading there are many method who must be used, and they must be learned  until we can make profit rutine. Although trend of market is going down, the profesional traders always make profit.
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August 01, 2016, 10:17:57 AM
 #84

When trading What Matters More Skills or Luck?
In my opinion is skill because on trading there are many method who must be used, and they must be learned until we can make profit rutine. Although trend of market is going down, the profesional traders always make profit.
But in some cases the professional traders is always hope there can get the best moment in the trading and at this time they can get a profit, maybe if there are a professional trader if he doesn't get a best moment or luck he will always losing a chance to making some profit in that's moment.

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August 01, 2016, 11:10:25 AM
 #85

buy and hold is luck.
trading is skills, because if you are lucky while trading, your luck wont last forever. these type of traders use to make something like 50% in a samall period of time, and break their account when luck ends.

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August 01, 2016, 12:12:06 PM
 #86

buy and hold is luck.
trading is skills, because if you are lucky while trading, your luck wont last forever. these type of traders use to make something like 50% in a samall period of time, and break their account when luck ends.

i agree, but buy and hold can also mean long term investment with analyzing the situation, which has nothing to do with luck but it is more like using your skills to predict the market in a longer period of time.

although i am not denying the effect of luck in every decision that we are making in trading even if we use our skills.

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August 01, 2016, 12:50:24 PM
 #87

buy and hold is luck.
trading is skills, because if you are lucky while trading, your luck wont last forever. these type of traders use to make something like 50% in a samall period of time, and break their account when luck ends.

i agree, but buy and hold can also mean long term investment with analyzing the situation, which has nothing to do with luck but it is more like using your skills to predict the market in a longer period of time.

although i am not denying the effect of luck in every decision that we are making in trading even if we use our skills.

with "buy and hold" I meant "hold whatever happens". If you analyzed for a longterm investment you will continue to analize your position even in the short term. in my definition this is not buy and hold. I can buy something longterm but go out of it short term because in my continuous analysis the longterm outcome changed.

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August 24, 2016, 12:30:23 PM
 #88

I have casted my vote in favor of both because I seriously feel that skill and luck are the two different sides of a same coin and those skilled one who are lucky enough have that coin ultimately in their pockets. I believe that you need some kind of luck even if you are dealing with safest option of investment and you are likely to lose your capital if you have faith on luck and not using your skills.
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August 24, 2016, 05:44:59 PM
 #89

I have casted my vote in favor of both because I seriously feel that skill and luck are the two different sides of a same coin and those skilled one who are lucky enough have that coin ultimately in their pockets. I believe that you need some kind of luck even if you are dealing with safest option of investment and you are likely to lose your capital if you have faith on luck and not using your skills.

I will agree this bro. We need to special skillset like identifying the right person have trade,  using escrow system have a trustful trade, need good amount of investment is also need for the good trade and we need to have some good luck in price chart with zigzag means a good trader can make good profit by that.
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August 24, 2016, 08:55:25 PM
 #90

when a lot of successful people from sheer luck than skill that is learned
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August 24, 2016, 09:03:26 PM
 #91

when a lot of successful people from sheer luck than skill that is learned

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August 25, 2016, 12:18:46 AM
 #92

for me luck is also a big point in playing trading. because at any time the price may change quickly. when we are lucky then we can get a satisfactory result. skill and luck are inseparable.
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August 25, 2016, 02:51:44 AM
 #93

Beside of skill for searching the profitable coins , you also need luck to choose the right coins . Like me , i'm usually check the info about coins i want to invest , but after i invested my bitcoin the price is dump hard and unfortunately i must hold my bitcoin for longer time , maybe that's my bad day.

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August 25, 2016, 09:35:12 AM
 #94

When trading What Matters More Skills or Luck?
You can only win in trading in luck if the coin you set it to sell order then accidentally some one pump it .you do not realise that the price is in pump and your now in profit most of the time you will lost in luck only, in skills you can have profit daily trading with many altcoin a lot of experience needed but you can earn in daily trading.
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August 25, 2016, 10:02:26 AM
 #95

When trading What Matters More Skills or Luck?
both skill and luck
if you dont have skill you might lose your bitcoins
if you have luck you can earn profit but not in all times
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August 25, 2016, 10:25:16 AM
 #96

Beside of skill for searching the profitable coins , you also need luck to choose the right coins . Like me , i'm usually check the info about coins i want to invest , but after i invested my bitcoin the price is dump hard and unfortunately i must hold my bitcoin for longer time , maybe that's my bad day.

there are no skills involved in finding the right altcoins. you solely depend on luck when you put money into a certain altcoin, no matter how much "research" you have done.
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August 25, 2016, 10:35:46 AM
 #97

When trading What Matters More Skills or Luck?

Both are needed. As sometimes you have to be lucky to predict future and buy/sell at good time, and sometimes you need to have skills and knowledge for same reason.

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August 25, 2016, 10:43:32 AM
 #98

When trading What Matters More Skills or Luck?

Both are needed. As sometimes you have to be lucky to predict future and buy/sell at good time, and sometimes you need to have skills and knowledge for same reason.
Yeah you should have a luck so that your buy/sell is successful Cheesy but for me i do prefer skills in trading because luck is not always in there not like skills is that you gain that and that things is not going to leave you it stays on you forever not like luck it is not with you forever
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August 25, 2016, 11:36:01 AM
 #99

When trading What Matters More Skills or Luck?

Both are needed. As sometimes you have to be lucky to predict future and buy/sell at good time, and sometimes you need to have skills and knowledge for same reason.
Yeah you should have a luck so that your buy/sell is successful Cheesy but for me i do prefer skills in trading because luck is not always in there not like skills is that you gain that and that things is not going to leave you it stays on you forever not like luck it is not with you forever
altcoin prices such as bitcoin prices are difficult to predict, so we really need luck as well.
but if a someone who is an expert at least they know which direction the movement would go, let alone those who have a lot of bitcoin could toying price.

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August 26, 2016, 02:19:41 PM
 #100

When trading What Matters More Skills or Luck?

I wouldn`t say that luck is a factor in trading.Luck is a factor in gambling.

You need skills that will help you  predict where the market price will go.

Technical and fundamental analysis of markets is very important.

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