icecube45
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October 04, 2016, 02:02:53 PM |
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Both matter, but much like poker I'd say it's 80/20 Skill/Luck. On a long enough timeline, the skilled trader will always outperform the lucky trader.
With respect to trading, our skill will bring our luck. Yes, only skill is more than enough to be successful with trading. But, there is an external force always playing to define our fate, if you believe in that then luck is also important for deciding our fortunes. Yes both are essential to succeed in trading. We need the skills to be successful in the trade, because trade is very requires the ability to be successful. And we also definitely need luck in order to be an advantage. Because if we have the skill but no luck we will not be able to win, and if we do not have the skills but are having some luck we will win, but it is uncertain.
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Newcoins2020
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October 04, 2016, 02:12:28 PM |
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Obviously skill will always matter more because with more skill you can analyze the prices and "predict" a rough estimate of behaviour of prices. So like that you can play in on your options, without skill all you do is blindly guessing where to put your money which is going to go wrong almost always.
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danherbias07
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October 04, 2016, 04:48:40 PM |
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Obviously skill will always matter more because with more skill you can analyze the prices and "predict" a rough estimate of behaviour of prices. So like that you can play in on your options, without skill all you do is blindly guessing where to put your money which is going to go wrong almost always.
And that blindly guessing will just go with luck. Certainly without skill everything will just push into luck. Though sometimes other think theyre success comes from luck without noticing they really did it with their skills. Some are good with talking to others and they dont even know it.
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jhenfelipe
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October 05, 2016, 04:47:54 AM |
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Obviously skill will always matter more because with more skill you can analyze the prices and "predict" a rough estimate of behaviour of prices. So like that you can play in on your options, without skill all you do is blindly guessing where to put your money which is going to go wrong almost always.
And that blindly guessing will just go with luck. Certainly without skill everything will just push into luck. Though sometimes other think theyre success comes from luck without noticing they really did it with their skills. Some are good with talking to others and they dont even know it. I agree with the bold statement. In my point of view, we don't really need to choose among the two. They both matter, I think. The only difference is that, skills can be achieved through researches and experiences while luck just comes in different situation and/or time. So, since luck can't be learned or manipulated, the best thing we can do is to have skills and just know how trading works.
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zPanda
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October 05, 2016, 05:25:09 AM |
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People actually in the trading market would realise that it mainly relies on luck. Of course, skill is needed, but if the market is definitely going really bad, it's hard to make good trades especially in the short run.
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Altynbekova
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October 05, 2016, 07:58:25 AM |
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I think it's both skills and luck because if you have those two it will be easy for you to earn money. It's bad if you are just relying on luck and just doing some random pick for the coin to just find the right coin.
You have no control over Luck but you have full control on skill. So if you develop your skills, the more likely are the chances that luck will be with you. This is what i belief. Indeed i don't think more skill means more luck but I do think the more skill you have to more you can eliminate the requirement of luck in your trades for example. Skill will take over for luck and with more skill you'll be able to be more consistent making the right decisions and profit.
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Sandroxa
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October 05, 2016, 08:00:27 AM |
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I dont know much about luck because you cant controle the luck you know skills can be learned and luck can help you with it because if you do something for the first time and it works you have some luck when you do it more often and it works you have the skill.
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TastyChillySauce00
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October 05, 2016, 08:03:12 AM |
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People actually in the trading market would realise that it mainly relies on luck. Of course, skill is needed, but if the market is definitely going really bad, it's hard to make good trades especially in the short run.
luck is indeed such an important thing in trading but with your analyzation skill and knowing the condition and situation it will help you to be success on trading even there's short run or the market just running so fast,luck will noy always coming man,skill is the main option if you're going to do anything
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rahys
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October 05, 2016, 10:20:11 AM |
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luck is not an issue we can see from previous chart of daily bitcoin rise. it's all about keeping patience
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dayrk
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October 05, 2016, 10:23:09 AM |
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future of crypto currency is high so unvesting here is acting smartly but earning money from this platform is totally depend upon your skill on present market
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markanthony007
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October 05, 2016, 10:24:07 AM |
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skill and luck are both needed to climb up to the success ladder
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macherano
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October 05, 2016, 10:24:30 AM |
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skill is when you invest on correct place and luck is how much profit you earn from that
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rahys
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October 05, 2016, 10:26:16 AM |
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question for the poll will it be wise to invest a handsome amount of money on the steem
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deisik
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October 05, 2016, 10:26:58 AM |
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luck is not an issue we can see from previous chart of daily bitcoin rise. it's all about keeping patience
What you implicitly refer to is called investing, not trading (as per OP). Trading usually means that you exchange your coins on a relatively frequent basis, at least, a few times a week, trying to squeeze profits out of small price movements. If you just buy a bunch of bitcoins and wait out the bad times (when the price goes down till it goes up again), you would rather be investing. Indeed, if you trade and get stuck with a losing position (without closing it), then you come over to the dark side... That is, turn from trader into investor who is left holding the bag
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gabmen
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October 05, 2016, 11:42:23 AM |
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well in trading both are actually important, however for the question which is more important, I think skill and experience would play a bigger part. although yes luck can't be removed and is definitely a factor, knowing what to do with your luck will be your biggest asset
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macherano
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October 05, 2016, 11:43:49 AM |
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there is no doubt luck is a factor. you need to understand the fact that skill does implies on all the factor of life
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rahys
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October 05, 2016, 11:44:47 AM |
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investing is luck for the guys who dont know math
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dayrk
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October 05, 2016, 11:45:41 AM |
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fortune faavours the brave thats what i think . but bravery sometimes considered as stupidness
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markanthony007
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October 05, 2016, 11:47:05 AM |
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piunak
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October 05, 2016, 12:58:56 PM |
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skill's is very important on this point of market
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