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Author Topic: Beginners Luck in trading real or superstition  (Read 2116 times)
dansus021
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November 24, 2024, 06:21:25 AM
 #161

Beginners Luck in trading real or superstition ? beginner luck in trading is super real it happened to me a couple of times but bad luck at first It also happened to me too. It happens every time when you pu trade without proper analysis and blindly entry and then 1H-4H candle starts to do magic or some whale-like buying tons of contracts or tokens in the spot case. So the candle makes a big wick and then you get easy profit or you get easy loss hahahha.

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endut15
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November 24, 2024, 08:55:17 AM
 #162

I totally agree. Beginner's luck is real, especially when trading without proper analysis. Sudden moves from whales or unexpected candle patterns can lead to quick profits or losses. It feels like playing the lottery at first. The key is to learn from these experiences. Over time, your success will depend more on your skills than luck. Good Luck

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November 25, 2024, 04:27:17 AM
 #163

Beginners Luck in trading real or superstition ? beginner luck in trading is super real it happened to me a couple of times but bad luck at first It also happened to me too. It happens every time when you pu trade without proper analysis and blindly entry and then 1H-4H candle starts to do magic or some whale-like buying tons of contracts or tokens in the spot case. So the candle makes a big wick and then you get easy profit or you get easy loss hahahha.

Yea exactly, I have equally experienced it, when the Luck made me feel like I was a great trader already, when I was just on the right side of the market making some little profits here and there without knowing the reason why I made those profits and few losses.

This comes from lack of training and knowledge before embarking on a trade and equally lack of proper analysis even after getting trained
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November 25, 2024, 05:23:13 AM
 #164

Beginners Luck in trading real or superstition ? beginner luck in trading is super real it happened to me a couple of times but bad luck at first It also happened to me too. It happens every time when you pu trade without proper analysis and blindly entry and then 1H-4H candle starts to do magic or some whale-like buying tons of contracts or tokens in the spot case. So the candle makes a big wick and then you get easy profit or you get easy loss hahahha.
Well, things like this happen quite often to some novice traders.  Maybe I'm even one of those who has experienced it. Sometimes when we are new to the crypto market and we are excited to make a lot of money from the crypto market, sometimes our courage to enter a coin is much higher than it is now. Sometimes we only enter because we follow a trend or hype, but sometimes the results are actually quite big. Maybe it's because we took steps without hesitation at that time so that we weren't left behind by the moment of ascension. It's just that sometimes when we are still beginners we often waste the profits we have gained. By re-entering it in other trades and mistakes we sometimes put it in one basket which makes us sometimes lose the profits we previously obtained.

When we have more insight and already understand some basic analysis, sometimes we become more careful, which actually makes us lag behind. But as we gain experience, we can become more relaxed traders and not always chase big profits. But we are pursuing more consistent profits.

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November 27, 2024, 06:02:24 PM
 #165

Beginners Luck in trading real or superstition ? beginner luck in trading is super real it happened to me a couple of times but bad luck at first It also happened to me too. It happens every time when you pu trade without proper analysis and blindly entry and then 1H-4H candle starts to do magic or some whale-like buying tons of contracts or tokens in the spot case. So the candle makes a big wick and then you get easy profit or you get easy loss hahahha.
Well, things like this happen quite often to some novice traders.  Maybe I'm even one of those who has experienced it. Sometimes when we are new to the crypto market and we are excited to make a lot of money from the crypto market, sometimes our courage to enter a coin is much higher than it is now. Sometimes we only enter because we follow a trend or hype, but sometimes the results are actually quite big. Maybe it's because we took steps without hesitation at that time so that we weren't left behind by the moment of ascension. It's just that sometimes when we are still beginners we often waste the profits we have gained. By re-entering it in other trades and mistakes we sometimes put it in one basket which makes us sometimes lose the profits we previously obtained.

When we have more insight and already understand some basic analysis, sometimes we become more careful, which actually makes us lag behind. But as we gain experience, we can become more relaxed traders and not always chase big profits. But we are pursuing more consistent profits.
Actually it wont really be just that only on trading but also in all sorts of things on which you are really that getting involved into on which on the moment that we are really that starting on trying out to deal with it then there are those moments or times that you will really be having those good or positive results on which as a noob then you will really be having that kind of impression that it wasnt that hard or tough at all.

On your next tries then you will really be that deciding that you will really be just going solo and will really be using up on that the same approach that you had done earlier. You wont really be having any issues
until the time that reality would slap into your face just because you've been that having those thoughts that it was really just that like that but on the moment when real things do come then you will
be having those kind of realizations that it was never been that easy specially on dealing up with market volatility.

Beginners luck in trading could really be that possibly happen but never ever make yourself that being that 100% confident that on the moment this thing happens then dont assume out that you
can solo and handle yourself well into this market. These are just that good calls that you had made out which turned out to be positive on the moment you do try but actually
in the long run you will be able to witness out on how hard to deal up with random space specially into price movements.
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November 27, 2024, 08:16:48 PM
 #166

I often hear of beginners Luck and i have equally experienced it. At the early times you seem to make a few stipend here and there and you get so over confident and feeling like a trading beast or a sniper, only to blow the account over and over again, frustration starts creeping in.
 by a few stipend they get.

I am of the opinion that beginners should get less overconfident and try to understand the market and develop a trading system.
Have a full confidence before a person should introduce his self to trading is best solution, especially beginners who are new new to a trading is very important for them to have enough confidence and knowledge; so that they will know have any issues when after they have started the trading.

There’s a lot of beginners that introduce themselves into the trading, but due the lack of enough confidence and the knowledge they don’t achieve what they want; that’s why most members here always given advice that beginners should learn to gain much experience about the trading process.

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November 27, 2024, 08:32:07 PM
 #167

I often hear of beginners Luck and i have equally experienced it. At the early times you seem to make a few stipend here and there and you get so over confident and feeling like a trading beast or a sniper, only to blow the account over and over again, frustration starts creeping in.
 by a few stipend they get.

I am of the opinion that beginners should get less overconfident and try to understand the market and develop a trading system.
There’s a lot of beginners that introduce themselves into the trading, but due the lack of enough confidence and the knowledge they don’t achieve what they want; that’s why most members here always given advice that beginners should learn to gain much experience about the trading process.

Trading will be very difficult for such beginner who has just began trading on his or her own without getting a better knowledge from an expert or experienced trader, the real confidence is gotten first from what you have learnt you can motivate yourself to beat your chest by trying it out by yourself with time you will have self confidence when you go out to practice what you have learnt so far. Beginners who starts trading without knowledge wil just be gambling because it is very difficult for them to achieve any profit because they will find it difficult to understand where to start and the strategies to use unless they go about watching some online teachings that's a good way to grab some knowledge too.

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November 28, 2024, 02:54:23 PM
 #168

I totally agree. Beginner's luck is real, especially when trading without proper analysis. Sudden moves from whales or unexpected candle patterns can lead to quick profits or losses. It feels like playing the lottery at first. The key is to learn from these experiences. Over time, your success will depend more on your skills than luck. Good Luck
Hoping for profits through a level of luck is still possible for anyone, including beginners who are just starting out in trading. But everyone must also realize that it will not always come to the same person so every trader must be willing to learn to improve their own skills and knowledge in order to be able to get the level and potential for profits in the following days through trading. Because everyone also will not know when luck can come to him again at a different time.

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November 28, 2024, 03:26:16 PM
 #169

I totally agree. Beginner's luck is real, especially when trading without proper analysis. Sudden moves from whales or unexpected candle patterns can lead to quick profits or losses. It feels like playing the lottery at first. The key is to learn from these experiences. Over time, your success will depend more on your skills than luck. Good Luck

It's true that there is what they call beginners luck and it is actually good but dangerous because if they should get lucky they won't see the need to actually get serious to learn what they are suppose to be learning and some will continue with the initial habit they started with, and they need to give serious attention to analysis you can not do things out of the blues. We know that things might not go as expected but it is better to just understand the candle sticks and the direction they take. Even using the candle sticks cannot not give assurance talk more not using them at all, and when it gets to situations like this what you can do is not more than for to have faith because driving a car without car knowledge is disastrous. And the thing is no rush it is better to take your time to learn once and for all, so that you don't keep coming back to come and learn again, after several loses.











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TheUltraElite
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November 28, 2024, 03:44:50 PM
 #170

Trading takes some luck but more of timing and patience. Sure luck might matter more in anything other than spot trading, because those are essentially gambling. But spot trading is always going to be games of patience and timing and less of luck if you are limiting yourself to BTC<>fiat/stablecoin.

I dont think beginners luck has any meaning here. Important thing is to develop their own routines and methods to trade, learn about how the market works and observe the market during good and bad news.

Doing so would allow them to identify points of entry or exit.

 
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November 29, 2024, 04:13:44 PM
 #171

I totally agree. Beginner's luck is real, especially when trading without proper analysis. Sudden moves from whales or unexpected candle patterns can lead to quick profits or losses. It feels like playing the lottery at first. The key is to learn from these experiences. Over time, your success will depend more on your skills than luck. Good Luck

Yeah, it's always possible for new traders to  be lucky and unlucky as well. someone said that anyone can easily guess the direction of the market at a time and enter a position and make profit without knowing any real strategy of trading. That's actually true but the newbies can be lucky or unlucky because you don't need to handle trading gambling.

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December 01, 2024, 12:52:42 PM
 #172

I often hear of beginners Luck and i have equally experienced it. At the early times you seem to make a few stipend here and there and you get so over confident and feeling like a trading beast or a sniper, only to blow the account over and over again, frustration starts creeping in.
 by a few stipend they get.

I am of the opinion that beginners should get less overconfident and try to understand the market and develop a trading system.
There’s a lot of beginners that introduce themselves into the trading, but due the lack of enough confidence and the knowledge they don’t achieve what they want; that’s why most members here always given advice that beginners should learn to gain much experience about the trading process.

Trading will be very difficult for such beginner who has just began trading on his or her own without getting a better knowledge from an expert or experienced trader, the real confidence is gotten first from what you have learnt you can motivate yourself to beat your chest by trying it out by yourself with time you will have self confidence when you go out to practice what you have learnt so far. Beginners who starts trading without knowledge wil just be gambling because it is very difficult for them to achieve any profit because they will find it difficult to understand where to start and the strategies to use unless they go about watching some online teachings that's a good way to grab some knowledge too.
Getting up some knowledge on other various sources is really that something ideal or really that be needed because we do know that it could give out that idea on which you could make use of with the current career path that you are taking on which it pertains about trading.Its never been easy and it would never be, also there are people who are really that self learn when it comes to learning things but there are ones who do prefer on having those mentors or teachers on which they can be able to follow into and fasten up their learning process.Speaking about beginners luck then it could really actually happen on the moment that we do made out some profitable trading when we are just starting up.It is really that very common that we will be calling up that one.

Applying superstition will really be that a personal approach because if we do really tend to talk realistically on which there's no such thing on this world will really be able to influence your trading other than with your trading skills and analysis. There might be some applications with those kind of superstition but actually this isnt really that giving out that relevant effect. If you are a die hard fan on following these things then it is really that up to you.

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December 01, 2024, 01:09:00 PM
 #173

I totally agree. Beginner's luck is real, especially when trading without proper analysis. Sudden moves from whales or unexpected candle patterns can lead to quick profits or losses. It feels like playing the lottery at first. The key is to learn from these experiences. Over time, your success will depend more on your skills than luck. Good Luck

Yeah, it's always possible for new traders to  be lucky and unlucky as well. someone said that anyone can easily guess the direction of the market at a time and enter a position and make profit without knowing any real strategy of trading. That's actually true but the newbies can be lucky or unlucky because you don't need to handle trading gambling.
because there are indeed beginners who prepare themselves by studying everything well before starting. even trying to add information by asking friends or other people who are known and understand trading better.
beginners in trading may be able to profit or lose, some people call it trader's luck. but maybe the trader does have good knowledge and understanding.

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