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Poll
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 34682 times)
Cast12
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August 26, 2016, 02:35:45 PM
 #101

I think that you can only be lucky when trading because we can't figure out what the price is because bitconi's volatile
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August 26, 2016, 04:03:22 PM
 #102

I think that you can only be lucky when trading because we can't figure out what the price is because bitconi's volatile

not really lucky. because the skills are the most helpful. because when we do trade it requires a lot of research. I think people who are already experts really do not have to depend on luck. but ordinary people might just play by following the feeling and luck.

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August 26, 2016, 07:18:29 PM
 #103

I think that you can only be lucky when trading because we can't figure out what the price is because bitconi's volatile

In the price of bitcoin luck sometimes come to involve, mostly we need skills in there as a skilled person can easily find that when to buy more and when to sell, he know well that when the demand of bitcoin increases, plus he can be more expert in getting benefit from the fluctuations of the price of bitcoin.
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August 26, 2016, 11:46:46 PM
 #104

If it were luck, there wouldn't be 99% of Forex noobs losing, but 50%

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August 27, 2016, 04:57:26 AM
 #105

i say both are key when trading but their percentage of effectiveness is a lot different and it depends on the situation and also the experience of the trader.

for an experienced trader the luck factor is small (<10%) and the less experience the trader has the more dependent on luck he is to a point that some newbies are trading 100% based on luck!

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August 28, 2016, 04:55:24 PM
 #106

When trading What Matters More Skills or Luck?
I Think That Skills And Luck Both Have Roll in Trading But Trading Skills Have More Roll Hers As Compare To Luck Because a Experienced Trader Always Know What Altcoin Price Will Increase in Future Or Not....
But A New Trader Winings Are Based On Pure Luck Because They Have Not Much Experience...
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August 28, 2016, 10:49:27 PM
 #107

i will say both because beside we need some skill to analyze how market condition , sometime when we luck at the momen we can get high profit , in crypto anything can be happen

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Universat
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August 28, 2016, 11:54:24 PM
 #108

we can full believe on luck, witout luck nothing is possible. although hard world is also important for success but still luck id too much important thank hard worli will translate a verse from my local language into English. " always prey for your luck and not for mind as i have seen so many intelligent people working for lucky people",
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August 29, 2016, 12:21:45 AM
 #109

we can full believe on luck, witout luck nothing is possible. although hard world is also important for success but still luck id too much important thank hard worli will translate a verse from my local language into English. " always prey for your luck and not for mind as i have seen so many intelligent people working for lucky people",

You have point but don't give credits alone on luck. Because lucky person always have skills that is way there are lucky. They are not lucky for nothing. I yhink they are holding special skills.


@OP i don't know why the OP gave a choice of both. I think it must be remove so that people can choose only on two factors so that this poll make a conclusion on what is better factor within that 2 choices

Vhern
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August 29, 2016, 06:14:25 AM
 #110

I reckon that what matters most is luck because even if you have an extraordinary skills in trading it is always possible that something could go wrong along with your prediction, that's my reasoning why luck need to be the one asset of a trader. perhaps skill could get you rich, but luck can even get you richer.
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August 29, 2016, 06:45:47 AM
 #111

skill is always needed instead of luck
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August 29, 2016, 10:24:39 AM
 #112

When trading What Matters More Skills or Luck?

In my own opinion, both skills and luck are needed to have a succesful trading career because these  two things are partners in everyday life  not only on trading. Its really an advantage when do you have skills because you cant  really depend too much on luck because you think  you are already capable on such thing but  there are  still circumstances that requires luck because  no matter how you do your best but luck is lacking maybe the result was different  on the thing that you were expecting for.

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August 29, 2016, 01:39:27 PM
 #113

" always prey for your luck and not for mind as i have seen so many intelligent people working for lucky people",

that ignores the fact that most of the people others are working for are in that position because of connections and/or who their father is, not because of skill.

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August 29, 2016, 03:37:21 PM
 #114

Skills vs luck how can i explain that i think that there is just only one gambling game where you can have skills and that is poker most of the time you need to have luck skills can be learned luck is there or not there.
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August 29, 2016, 09:06:53 PM
 #115

When trading What Matters More Skills or Luck?

Trading firstly is based on the general or specific knowledge on that particular coin you are trading with.

And based on that you earn or profit, but here comes the luck that you don't know in backstage what is happening with the price.

Sometimes the developers or the traders group pump or dump the price which is unknown for us and the profit of the loss happens.
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August 29, 2016, 09:10:06 PM
 #116

Of course it's both.

 - Skill, because there are moments where you should never buy coins. It's a bit like pattern recognization.

 - Luck, because you can never 100% correctly predict the future.
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August 30, 2016, 02:34:47 AM
 #117

I think that luck is more important than skill because price swings could happen while you or you are not holding bitcoin. There is some skills involved in trading, but I haven't figured out what those are yet(patience is not a skill).
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August 30, 2016, 05:45:07 AM
 #118

You can rely on both.
But I think it'd be more effective if you study how to predict. In short, skill is more important.
Trading needs a lot of research and analysis. It is not a game of chances entirely.
Because if it is, then it would not be different from gambling.
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August 30, 2016, 06:13:02 AM
 #119

You can rely on both.
But I think it'd be more effective if you study how to predict. In short, skill is more important.
Trading needs a lot of research and analysis. It is not a game of chances entirely.
Because if it is, then it would not be different from gambling.
well that's true both are needed if you have skills you can easily predict which ways your investment will go but if luck permits or ride with your side you will earned more aside from what you just predicted or expected.
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August 30, 2016, 09:15:56 AM
 #120

Well i voted for skills only ,because i don't believe on luck ,luck is based on what we do or on our own move .skills and some research on trading works well for me as i've experience .
i believe of luck. luck is an important element of our life. i have seen so many skillful and educated people working for illiterate people. that is only because of luck,
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