Day trade is more a lucky thing or skill

[longrhm96]

yes i can say that daily exchange is luck than been revel in in sometime. additionally, the your are watching he threaded of marketplace you may get the profitable exchange that day. but, in buying and selling talent isn't always the crucial component.

[Chooroz]

I'm sure that it is really about luck. Just look - someones losses become someones gains, and vice versa. That's just about it.

I am confident that people should both have luck and a great skills in trading to earn a good amount of money in day trading, and in trading world many people can became very profitable and can became successful if they were lucky to find a promising coin.

[harbin55]

For me, day trade is luckier thing that useful and helpful to every investor in this kind of business and industry
because it gives opportunity to everyone to earn a good amount of profit.

[ufalo3]

For me, day trade is luckier thing that useful and helpful to every investor in this kind of business and industry
because it gives opportunity to everyone to earn a good amount of profit.

I’d say that successful day trading is a combination of luck, skills, ability to analyse market and choose right strategy, and at least basic knowledge, of course. Just luck is not enough to trade and make profit.

[fredo123]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

In the Markets, luck and skill are difficult to untangle. A lot of price action is often noise leading to semi random returns over a lot of time frames, Our win rate with any investing strategy will never be 100% so we have to contend with the frustrations of putting on positions and frequently losing money. Even the best traders will experienced draw downs But that should not determined us from the pursuit of genuine skill and mastery.

[Kingsingle]

Follow me if you succeed in trading that day as luck comes to you, skill is not decisive in the short term.

[TitanGEL]

Day trading is a skill, is it not the luck that you are thinking. You can't earn money from day trading if you are not skillful person. Most of the day traders have good technical skills and it is the reason why they can easily grow their investment.

[2@abcdeeply]

I think if you decide to trade by day then your skill requires high, and I think if you rely on luck you will fail. That is why many people are afraid of trading day by day.

[Alexvid]

Day trading is a skill, is it not the luck that you are thinking. You can't earn money from day trading if you are not skillful person. Most of the day traders have good technical skills and it is the reason why they can easily grow their investment.

Of course it's a skill. Without experience and knowledge you cant do anything. Day trading is a stressful job if you don't know what you're doing.

[JohnWick_Bitcoin]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

Day trading is a skill, there are more people who are lazy to study the market growth and statistics of a coin before investing and that is one of the reason why they fail in trading.

[LianaSie]

Just stick with the hodl in my opinion. Day trading can take a lot of time of your life, and as you have written, you do not have it...

[yvesp110]

I'm sure that it is really about luck. Just look - someones losses become someones gains, and vice versa. That's just about it.

I am confident that people should both have luck and a great skills in trading to earn a good amount of money in day trading, and in trading world many people can became very profitable and can became successful if they were lucky to find a promising coin.

Right we need to have both because using only the single way of earning it will be hard because as we know it that day trading is the mixture of luck and skills, if you have a lot of skills but you are not lucky to find the good coin it will be in vain so it is good to use both, I wish you good luck and try to use your skills and your knowledge while choosing a coin for trading.

[Portia12]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

In my own opinion, it was not lucky but it can be your skill, studying the market's movements and reading different news will make you create better decisions.

[Inikoo]

Maybe a little bit both. Normaly you would have 50% to pick the right direction, but with proper knowledge, and skills, you may can increse it to 70

[jilani]

it appears like day by day exchanging requires a decent ability to have the capacity to see the ideal time to purchase and offer coins and more ought to have the mastery to control your understanding on the grounds that without expertise is hard to make a benefit.

[ruslan4040]

I do not think that it all is about "luck" it is more than knowledge more than anything, if you do not know how to trade, then how do you expect to make money? it makes no sense after all. Trading is only good for a few, and for the rest, i doubt it.

[imstillthebest]

I do not think that it all is about "luck" it is more than knowledge more than anything, if you do not know how to trade, then how do you expect to make money? it makes no sense after all. Trading is only good for a few, and for the rest, i doubt it.

yes it does require some skill and knowledge because like what you said earlier , you cannot possibly trade and earn an income if you do not know how to do it  but we should always keep in mind that trading or investing  in cryptos will also require some luck because the price is verry unpredictable .

not only on cryptos but also onto some other form of investments that uses a fiat or local money , we also need a luck in order to earn a profit because there are a lot of factors that can affect the price of our investments .

[AleSergio]

Like in forex usually it is a skill that helps you to earn money on a daily basis. In crypto currency i gues if you will start to analyze market, news, projects and etc you would be able to catch up with market and make gains everyday, but still as for me daily traiding depends a lot on a luck, rather than skill.

[xitrum]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I think that in order to be able to successfully trade you need to have a lot of skill, ability to analyze and synthesize accurate information, and you also need to have decisive spirit and mind to be able to lose. Be profitable and trades successfully. You can not rely on luck because you can see that the market is bearish in the long run and bitcoin prices will continue to fall sharply and altcoin pull down further.

[kickdapa]

You have to have both things. Without skill, you can't go for a long time in day trading. And without good luck, you never can make profits from anything. The first thing, we don't know about our luck, that's why we are to focus on the skill and experience. Day trading is a really profitable way but you have to look carefully at the market chart, trending chart, any upcoming good news or bad and other information like this. Hope you get your answer. Good Luck