Does prayer work in trading?

[Futurexxx]

Prayer is simply an additional component of maximizing effort in anything we undertake, especially in something as risky as trading. I also value the effort to gain knowledge and the best methods for more focused trading. As for things like prayer, I consider it merely a complement. Even without prayer, we can still trade as long as we have the knowledge to execute it at any time. So, don't misunderstand this, because I'm not ignoring prayer as an important complement to anything, including trading.

Your point is very much valid and I also share the same sentiment as you bro, as I have said earlier, even in the Bible, it is written that faith without works is dead. You can't replace work with prayer and prayer with works, they both have a key role to play in you achieving success in what ever you decide to do. If prayer alone guarantees success most religious nations would have been the most successful, powerful and rich nations in the world, so putting in the skill required is very important to achieve success in trading, not by entering the market blindly and start praying, hoping for a miracle to happen.

[junder]

We all want the best in everything we do, especially when it comes to earning money or profit. Everyone hopes for the best. Praying in trading isn't prohibited, but it doesn't actually have any effect. Because we want the best results, there's no harm in praying, as everyone prays for good results, whether in trading or outside of it.

[dunfida]

Prayer is simply an additional component of maximizing effort in anything we undertake, especially in something as risky as trading. I also value the effort to gain knowledge and the best methods for more focused trading. As for things like prayer, I consider it merely a complement. Even without prayer, we can still trade as long as we have the knowledge to execute it at any time. So, don't misunderstand this, because I'm not ignoring prayer as an important complement to anything, including trading.

Your point is very much valid and I also share the same sentiment as you bro, as I have said earlier, even in the Bible, it is written that faith without works is dead. You can't replace work with prayer and prayer with works, they both have a key role to play in you achieving success in what ever you decide to do. If prayer alone guarantees success most religious nations would have been the most successful, powerful and rich nations in the world, so putting in the skill required is very important to achieve success in trading, not by entering the market blindly and start praying, hoping for a miracle to happen.

Prayer can strengthen the mind but knowledge discipline and execution are what actually move the outcome. That is how I see it too. Prayer gives calm. It gives confidence. It helps a person stay centered when pressure is high. But the market never responds to emotion or belief. It only responds to skill timing and strategy. When traders rely only on prayer they turn the market into chance. When they rely only on skill they remove the emotional balance that helps them think clearly. The two can exist together but never as substitutes. Effort must lead and prayer can follow as support.

A trader who studies learns charts manages risk and stays disciplined will survive long term. A trader who skips all that and hopes for divine favor will fail no matter how many prayers they say. Even scripture teaches that work must accompany faith. That pattern applies everywhere especially in trading where the consequences of an uninformed decision are immediate. So the combination is simple. Build knowledge. Build skill. Build discipline. Then if you pray let it support your mind not replace your responsibility. That is the only way the two can function together without creating false expectations.

[gunhell16]

I am a Christian. My holy book says "faith without work is death". The interpretation of this clause is that you must also put in effort to help yourself while also believing that God will help you see results.

No trader should joke with a good strategy. No trader should gamble with his trading capital and hope that he'll pray and God will help him stay profitable. The rules to trading successfully are simple:

• learn and develop a solid strategy
• have a good risks management strategy
• be patient and consistent
• don't stop learning and improving
• and control your emotions.

Do all of these and pray, then God will help too (I.e if he wants to help  )

You’re absolutely right this is how traders should approach it if they want to be profitable in the crypto trading industry. That’s why some people really take the time to study, even when they know it will be difficult. Because they are determined to learn, they push through, since they have clear goals and a vision of why they are doing it.

Others, on the other hand, simply buy crypto assets and wait for the price to go up, guessing without doing any kind of analysis, and then consider themselves traders. In reality, people like this are more like gamblers this is not the mindset of a true trader.

[Floxynice]

No trader should joke with a good strategy. No trader should gamble with his trading capital and hope that he'll pray and God will help him stay profitable. The rules to trading successfully are simple:

Do all of these and pray, then God will help too (I.e if he wants to help  )

If we are not making effort and just praying we are not going to get much because we have to work, we have to move our mind, hands, feet to go somewhere do something think about doing something is not going to chance much.

It will give headaches and high blood pressure though.

Without learning trading, and how we can maximize our profits and start living on them we cannot enjoy it either we will doing a slave job with maximum stress. Life can become hell really. But with proper way we can get everything right.

God doesn't endorse laziness. If any trader thinks he can just pray and the miracle will happen just like that, then I can see him already losing more than he imagined. Trading is not gambling! Any religious trader who chooses to pray his way into profits instead of doing so with a good strategy from tbe knowledge he has acquired is simply gambling. It is good to pray, but do not pray amiss. God already talked about praying for the wrong reasons.

Others, on the other hand, simply buy crypto assets and wait for the price to go up, guessing without doing any kind of analysis, and then consider themselves traders. In reality, people like this are more like gamblers this is not the mindset of a true trader.

Everyone must not be a trader. If they can't trade, they should hodl instead. Yea, hodling requires less strategy. Just make sure that you are hodling a reliable coin, bitcoin to be precise and just lock that investment for a reasonable number of years.  No much stress. Some people people just want to bear the title "trader" yet they are dying from inside.

[passwordnow]

Yes, as we pray, we have to act on it and what we're praying for. We have nothing against those who are so prayerful and yet, they're not doing anything to make it happen or at least get close to the thing that they're praying for. But you're right, this is for the benefit of each individual who's got their prayer and even if there is no way for us to know if we'll be granted success, we just have to do it regardless we see something is happening or there is none.

In conclusion, the results ultimately depend on how hard we work. I don't disbelieve in prayer, but we must approach everything realistically. Success doesn't come from dreams or just praying; there must also be action, as you mentioned.
And if, for example, we still haven't succeeded despite praying and taking action, it doesn't mean your prayers weren't answered, but rather that your hard work wasn't enough to achieve your goals.

We have to do the thing and to make our prayers into reality. Then God will do the rest and will make things easier along its way. We have to walk on the way while he has to clear the road for us in that path way. Trading will be easier if we pray to Him but nothing will happen if we're not going to do what we have prayed for. So, still it will depend on our actions and the decisions that we'll do to make it happen.

[bangjoe]

Prayer contributes 90% to trading. Instead of technical and fundamental analysis, simply praying can bring you luck and become more religious. On the other hand, you should consider the volatility of prayer; I mean, there are many prayers from people with open trading positions. And be wary of pray sweeps; I wish there were charts that could show that.

Essentially, God created the brain to think more rationally before praying.

I disagree here, because if praying really helps, for sure, traders who are having a hardtime to become profitable will solve their problem, I am not against with God or praying, but it just didn't work with trading, it's totally different. Maybe yes for jus psychological for yourself, beliefs or traditions, but in overall, I don't think so.

This can have a yes or no answer depending on the perspective of each in its interpretation. I think we understand about religious things that go back to each of us, in my faith praying is recommended before doing anything including trading, in order to get the expected results, but in technical logic trading is not or not directly, there are things that are always unpredictable in the market maybe someone's prayer is answered out there, who knows, THIS CAN BE PARADOCS.

[boyptc]

Prayer shapes the trader’s mindset
Trading is emotional. Fear, greed, impatience, and ego destroy more accounts than bad strategies. Prayer helps calm the mind, reduce anxiety, and strengthen emotional discipline—qualities every successful trader needs.

With all of what's said, I think this is where prayer is best applied in trading. Because others would pray for the actual market to be in their favor.

But this is the kind of response of God to most prayers, He's giving strength to do things and wisdom to make things better.

Not a direct response to the prayer's but it's an answer to the prayer which results to what a person is praying for.

[GigaBit]

Emotion is one thing, knowledge and analysis are another. If a trader tries to trade only through prayer without gaining knowledge, then he is trading completely with emotion. If a trader trades with emotion, he can keep himself calm mentally, but he will never be able to turn a loss into profit in trading. While it is possible to accept many things when trading with emotion, it is not possible to accept anything unreasonable when trading with knowledge and analysis.

[GIF-JOBS]

Emotion is one thing, knowledge and analysis are another. If a trader tries to trade only through prayer without gaining knowledge, then he is trading completely with emotion. If a trader trades with emotion, he can keep himself calm mentally, but he will never be able to turn a loss into profit in trading. While it is possible to accept many things when trading with emotion, it is not possible to accept anything unreasonable when trading with knowledge and analysis.

But this is one thing that many people do not want to understand easily the difference between managing emotions and managing skills in the field of trading.

They think that trading is very easy, there is no need for much skill here, which is undoubtedly a wrong thought, and because of this kind of thinking, many people face huge losses in the initial stage.

So we must understand that managing anything with emotions can lead us to losses, so especially in the case of trading, we must understand this matter realistically.

[suhadi88]

Your point is very much valid and I also share the same sentiment as you bro, as I have said earlier, even in the Bible, it is written that faith without works is dead. You can't replace work with prayer and prayer with works, they both have a key role to play in you achieving success in what ever you decide to do. If prayer alone guarantees success most religious nations would have been the most successful, powerful and rich nations in the world, so putting in the skill required is very important to achieve success in trading, not by entering the market blindly and start praying, hoping for a miracle to happen.

Effort and prayer always go hand in hand, and knowledge is the real key. Without knowledge, everything tends to fall apart because we don’t actually know what we’re doing. When we understand our actions and direction, the chances of things working out are naturally much higher.

The market itself is the best form of natural selection. Those who move without understanding or a solid foundation are eventually washed out, while those who can read where the market is heading are able to navigate it with far more ease. Everything happens for a reason, and it usually comes back to the same core elements: knowledge, consistency, effort, and prayer. May every effort be blessed by the One who provides our sustenance.

[Razmirraz]

Money doesn't just fall from the sky without effort and hard work. Prayer is merely a supporting factor, hoping for the best in everything you do, but it doesn't guarantee 100% success.

Likewise in trading, there is no guarantee that prayer will produce the desired results because it is an activity that involves risks and the results are also influenced by several factors such as proper market analysis, strategy, patience during market downturns, and luck.
I also believe in the power of prayer, but it's important to emphasize that prayer cannot replace sound trading analysis and strategy. Knowledge and experience are essential.

Some people may still believe that prayer can help them make the right trading decisions and can also be part of their trading strategy, but there is no guarantee that prayer can replace sound trading analysis and strategy. If anyone thinks that prayer is very influential in trading, it depends on each individual's beliefs.

[LogitechMouse]

Re: Does prayer work in trading?

Do you believe in the quote "Do your best, and God will do the rest."
Maybe we can apply it to trading.

Praying before trading can help to some traders as that might help them in making better decisions along the way. There might be some out there that are praying just to clear their mind hence, less prone to being greed, impatient, and lesser bad decisions. While praying can help, it isn't a solution so that we can make consistent money on trading. Prayers can help, but at the end of the day, we need to make some effort as well if we want to be a successful trader. The Market don't care whether we prayed before trading or not, nor it doesn't care about our emotions or how clear our mind is.

[SOKO-DEKE]

As a religious person, I believe in prayer and for that reason I believe that prayer works in everything that involves success. With that point, I would like to say that prayer also works in trading, but not prayer alone. Someone has to follow the proper ways that contribute to success in trading before supporting it with prayer.As for me, I will say that prayer contributes only about 10% to 20%. To be honest, if someone fails to follow the right steps in trading, that person will definitely fail. We need proper knowledge if we want to be successful in trading.

So, prayer plays some role in the success of trading, but the main factor that plays a role in trading is knowledge. Someone may become successful with prayers, but one will hardly become successful in trading with just prayers. Prayer is not the key factor in trading that can lead someone to success.

[Fadhil Pahlawadi]

Effort and prayer always go hand in hand, and knowledge is the real key. Without knowledge, everything tends to fall apart because we don’t actually know what we’re doing. When we understand our actions and direction, the chances of things working out are naturally much higher.
The market itself is the best form of natural selection. Those who move without understanding or a solid foundation are eventually washed out, while those who can read where the market is heading are able to navigate it with far more ease. Everything happens for a reason, and it usually comes back to the same core elements: knowledge, consistency, effort, and prayer. May every effort be blessed by the One who provides our sustenance.

This is what we must do in everything we do because these two things certainly have significant power, making it possible for our work to be seamless in every moment.
A basic understanding of our pure knowledge determines everything, especially the magnitude of the opportunities we will sometimes have. Without the actions we experience, we would certainly not experience any of these things at all.

[YOSHIE]

quote author=Dreadboost link=topic=5567948.msg66153586#msg66153586 date=1765324491]
There have been alot of arguments where some People say prayer works in trading and some say prayer doesn't work
[/quote]Many religions are advised to pray first before carrying out any activity. This is a sacred thing in some beliefs for everyone, this also applies to those who trade in the crypto market.

However, relying on prayer alone is not enough, we know that in crypto trading, in general it requires several things such as knowledge, analysis and understanding all the risk consequences that will occur.
You cannot trade crypto without having knowledge about trading and only relying on prayer, prayer and trading knowledge go in the same direction, maybe there is something to be learned positively for logic.

Example:
You have a car, but you want to drive but you have no knowledge about driving and have never learned, just pray that you pray, I'm sure you will go into the abyss, so prayer and knowledge of driving are important to be balanced and in harmony.

[TheUltraElite]

So, prayer plays some role in the success of trading, but the main factor that plays a role in trading is knowledge. Someone may become successful with prayers, but one will hardly become successful in trading with just prayers. Prayer is not the key factor in trading that can lead someone to success.

It is a superstition that praying will bring you good luck, everyone prays and that actually should end up cancelling every other's prayer if you think of it like that from a neutral perspective.

There is nothing bad about praying, it is because we all want to win and we dont want to be anxious about it. So we end up doing prayers instead of sitting quietly.

If you are willing to pray then do so, but understand that it has zero scientific basis, you might or might not profit from that trade.

[Fara Chan]

Prayer shapes the trader’s mindset
Trading is emotional. Fear, greed, impatience, and ego destroy more accounts than bad strategies. Prayer helps calm the mind, reduce anxiety, and strengthen emotional discipline—qualities every successful trader needs.

Pray after prayer or before prayer, not while trading, although no one forbids any trader from praying while trading or before trading. We must be able to put things in their proper place. Not everything can be used anywhere, although it certainly can. However, when seeking profits in the digital market, what is more important is technical knowledge and how to implement them. Meanwhile, to calm emotions, ego, fear, or anything else of that nature, we can do it before or after prayer, because everyone can use a little time to pray before returning to their normal activities.

[dunfida]

Effort and prayer always go hand in hand, and knowledge is the real key. Without knowledge, everything tends to fall apart because we don’t actually know what we’re doing. When we understand our actions and direction, the chances of things working out are naturally much higher.
The market itself is the best form of natural selection. Those who move without understanding or a solid foundation are eventually washed out, while those who can read where the market is heading are able to navigate it with far more ease. Everything happens for a reason, and it usually comes back to the same core elements: knowledge, consistency, effort, and prayer. May every effort be blessed by the One who provides our sustenance.

This is what we must do in everything we do because these two things certainly have significant power, making it possible for our work to be seamless in every moment.
A basic understanding of our pure knowledge determines everything, especially the magnitude of the opportunities we will sometimes have. Without the actions we experience, we would certainly not experience any of these things at all.

Effort and prayer really do move together because one without the other feels incomplete. But the part that holds everything in place is knowledge. When a person knows what they are doing the steps become clearer the decisions become sharper and the outcomes become more predictable. Without that foundation even strong effort can end up scattered and prayer becomes something we rely on out of confusion not direction.

The market is the perfect example of this. It filters people naturally. Those who enter with hope but without understanding get shaken out quickly. Those who study the flow learn patterns build discipline and strengthen their mindset are the ones who survive long enough to benefit. Knowledge creates consistency and consistency multiplies effort. And prayer completes the process because it reminds us that results are never fully in our hands. We apply what we know we stay patient we take the right steps and then we leave the outcome to the One who controls all provision.

[Frankolala]

Prayer contributes 90% to trading. Instead of technical and fundamental analysis, simply praying can bring you luck and become more religious. On the other hand, you should consider the volatility of prayer; I mean, there are many prayers from people with open trading positions. And be wary of pray sweeps; I wish there were charts that could show that.

Essentially, God created the brain to think more rationally before praying.

If you can pray and make profits in trading without any technical and fundamental analysis, I believe that even the dumb will be wealthy through trading. Teens will make millions from trading. Heaven helps those who help themselves in the sense that, you must have a grounded knowledge on trading and have your own strategy that works for you together with fundamental analysis, you can then back it up with prayers. It's just like gambling and praying.