Does prayer work in trading?

[Jeorgejs]

Prayers definitely help… mostly with keeping your heart rate down when your portfolio tanks!

It was not the prayers that made your heartbeat slow. It is your mind that influences it. Instead of asking for a healthy life, seek guidance to maintain it.

Success isn't achieved through prayer but with hard work and perseverance. So aside from asking help and guidance from the one we praise, we also have to work on improving our knowledge and skills because it is the only way we reach our goal. 

Yeah, I agree with a bit of nuance. It’s not the words of the prayer magically slowing your heartbeat; it’s what happens in your mind when you focus, breathe, and let go. Prayer just happens to be the tool some people use to get there. And I like the idea of asking for guidance instead of outcomes it puts responsibility back in your hands, which feels more honest and grounded.

[hopenotlate]

LOL

Not sure if the creator of this thread is a serious or he just want to have some fun with it: apart from the fact that the question should be shortened to "Does prayers work" anyway lets suppose someone could think they do how should it work?

Lets think about this : you go long on a coin ( Doge for example) and start praying for its price to go up but at the same time someone else is shorting it and praying its price goes opposite way what Doge price is supposed to do? Listen to the one who is praying louder  , or go the direction most of the praying ones are hoping  ar only listen to the prayers of the one who are better believers (because they lead a more upright life  ).

Come on lets be serious.

The only work a prayer can do is make the person reciting it feel better, nothing more.

[Futurexxx]

. And I like the idea of asking for guidance instead of outcomes it puts responsibility back in your hands, which feels more honest and grounded.

Asking for guidance from God through prayer before starting out is a good idea because responsibilities still rest on you as you have already said, but before asking for that, you must at least have a little bit of knowledge on what you have to do, not just be totally blind, without knowing anything on how to navigate your way in the market and be hoping for signs and wonders.
So in essence of what am trying to say is that prayers before starting out is not a bad idea as long as you are just asking for guidance, not in the case of not knowing anything on technical and fundamental analysis and you enter the market blindly and be hoping that because you have prayed, you will automatically make money from the market, no, that's not how things works.
Because for God to bless the works of your hands you need to be doing the right thing, not by not doing anything or doing the wrong thing and be expecting signs and wonders.

[TheUltraElite]

Interesting way to put it. So would you say prayer works more like mental conditioning than strategy? I’ve noticed traders who rush or panic usually blow up, while calm ones survive longer. Curious how you personally combine faith with risk management and rules.

I would say that prayers might help calm the mind, like we all do before difficult tasks and exams. But it does not have any effect in moving the market on its own. Everyone is praying and by that sense if you see it mathematically, number of prayers should be directly proportional to profit in trading. These are all superstitions and have zero scientific basis.

There are people who will have faith and they will pray to calm their anxiety. Beyond that, it has zero effect.

[nara1892]

This is a bit funny, but it's okay because everyone is free to argue, but perhaps I'll suggest a few questions here, if prayer really did affect results, wouldn't we all not need to work hard and spend so much time just to learn? Of course, if prayer really did have an effect, maybe I would continue to pray 12 hours a day without having to analyze the market technically or fundamentally .
Basically, trading is not mystical, so it can't be associated with prayer, but there's nothing wrong with praying because it's a matter of faith, but one thing we must understand is that profits don't depend on your prayers.

[pliego]

This is a bit funny, but it's okay because everyone is free to argue, but perhaps I'll suggest a few questions here, if prayer really did affect results, wouldn't we all not need to work hard and spend so much time just to learn? Of course, if prayer really did have an effect, maybe I would continue to pray 12 hours a day without having to analyze the market technically or fundamentally .
Basically, trading is not mystical, so it can't be associated with prayer, but there's nothing wrong with praying because it's a matter of faith, but one thing we must understand is that profits don't depend on your prayers.

Been trading a while and ngl prayer never fixed a bad setup, learning risk management did way more for me

[maknyos]

Interesting way to put it. So would you say prayer works more like mental conditioning than strategy? I’ve noticed traders who rush or panic usually blow up, while calm ones survive longer. Curious how you personally combine faith with risk management and rules.

I would say that prayers might help calm the mind, like we all do before difficult tasks and exams. But it does not have any effect in moving the market on its own. Everyone is praying and by that sense if you see it mathematically, number of prayers should be directly proportional to profit in trading. These are all superstitions and have zero scientific basis.

There are people who will have faith and they will pray to calm their anxiety. Beyond that, it has zero effect.

In this context, I think there is nothing wrong with praying before we start trading, but it must be accompanied by our analysis. Now if there is someone who prays but they do not analyze based on science, then that is a wrong thing for me.
I am reminded of what my friend said who happens to be someone who is devout in worship. He said pray before doing something, but don't think prayer will make everything in our favor, because we are the ones who have to work hard to get something. So the point is that praying before starting a trade is a good thing.

[cxtreenal]

Interesting way to put it. So would you say prayer works more like mental conditioning than strategy? I’ve noticed traders who rush or panic usually blow up, while calm ones survive longer. Curious how you personally combine faith with risk management and rules.

I would say that prayers might help calm the mind, like we all do before difficult tasks and exams. But it does not have any effect in moving the market on its own. Everyone is praying and by that sense if you see it mathematically, number of prayers should be directly proportional to profit in trading. These are all superstitions and have zero scientific basis.

There are people who will have faith and they will pray to calm their anxiety. Beyond that, it has zero effect.

In this context, I think there is nothing wrong with praying before we start trading, but it must be accompanied by our analysis. Now if there is someone who prays but they do not analyze based on science, then that is a wrong thing for me.
I am reminded of what my friend said who happens to be someone who is devout in worship. He said pray before doing something, but don't think prayer will make everything in our favor, because we are the ones who have to work hard to get something. So the point is that praying before starting a trade is a good thing.

Of course, praying is not wrong. Religious texts emphasize prayer. If you ask God for something with concentration, if you are worthy of it, you may get it. Your prayers can be fruitful if you focus and improve your skills in trading. Profit or loss in trading depends on your skills. If you do not pray for profit you may get your reward.

[Adams0001]

It is good to believe in God and prayer, but I don't think prayer works in gambling. When one takes the right steps that are in harmony with the laws of nature rather than against them, then prayer will work, but if one bets big and prays to God that he will make a profit, then it will definitely not work. Doing such a thing is like someone who has placed a bet randomly without any effort and left it to God to make him rich.

Sure, but is very hard so think that prayers will work in trading because without the knowledge you will never succeed in trading because is different from investment that if even you don't have any ideas about it you van invest and still get profit in it but trading without knowledge and experience you will just be losing all your funds in trading because is always a risk and to get the opportunity to get profit you need to get experience in.

If praying is probably working i think everyone will be rich by now.prayers makes things go easy sometimes but you need to face some challenges before you get what you need. We should always struggle for our self and focus on what we are doing because if you think you will not learn you will pray I get profit i can probably tell you that you are just wasting your time in trading because you will never get what you need.

[Joy- maker]

IMO I will say that prayer doesn't work in trading, why because trading is more of technicality, but it is good to pray to God for wisdom and guidance in decision making, so that when it comes to decision making in the market, as in when to buy and asset and when to sell. But I don't still believe that prayer can work in trading, why because trading is like gambling, and I believe Christianity and some other religions forbid gambling and anything that is related to gambling, so praying to God and hoping he will answer you while trading, I think you are making a very big mistake, because trading is just like gambling, why because it has to do with trying to predict the future, as in trying predict how the market will move and them place money on it.

[YUriy1991]

This is a bit funny, but it's okay because everyone is free to argue, but perhaps I'll suggest a few questions here, if prayer really did affect results, wouldn't we all not need to work hard and spend so much time just to learn? Of course, if prayer really did have an effect, maybe I would continue to pray 12 hours a day without having to analyze the market technically or fundamentally .
Basically, trading is not mystical, so it can't be associated with prayer, but there's nothing wrong with praying because it's a matter of faith, but one thing we must understand is that profits don't depend on your prayers.

I believe one needs other factors in their quest for profit. Praying to God for a positive market is a worthwhile endeavor. As long as it's done with solid knowledge and sound tactical analysis, prayer and hope will be a calming factor. However, if one relies solely on hope without understanding how the market works or cryptocurrency, I think that's foolish. They should take a crypto learning class, as knowledge is more important than prayer.

[maknyos]

In this context, I think there is nothing wrong with praying before we start trading, but it must be accompanied by our analysis. Now if there is someone who prays but they do not analyze based on science, then that is a wrong thing for me.
I am reminded of what my friend said who happens to be someone who is devout in worship. He said pray before doing something, but don't think prayer will make everything in our favor, because we are the ones who have to work hard to get something. So the point is that praying before starting a trade is a good thing.

Of course, praying is not wrong. Religious texts emphasize prayer. If you ask God for something with concentration, if you are worthy of it, you may get it. Your prayers can be fruitful if you focus and improve your skills in trading. Profit or loss in trading depends on your skills. If you do not pray for profit you may get your reward.

Apart from that, praying is not accepting fate, but it is a reminder to us and when we pray, we should be more eager to do something, including being more focused when analyzing. This is a good thing, so why not always pray when you want to do something?
I just emphasize that even though we pray, we should never forget to always do what we should do, such as continue to study, analyze and so on. because it is not wise when we pray but we do not do what we should do.

[dunfida]

Interesting way to put it. So would you say prayer works more like mental conditioning than strategy? I’ve noticed traders who rush or panic usually blow up, while calm ones survive longer. Curious how you personally combine faith with risk management and rules.

I would say that prayers might help calm the mind, like we all do before difficult tasks and exams. But it does not have any effect in moving the market on its own. Everyone is praying and by that sense if you see it mathematically, number of prayers should be directly proportional to profit in trading. These are all superstitions and have zero scientific basis.

There are people who will have faith and they will pray to calm their anxiety. Beyond that, it has zero effect.

In this context, I think there is nothing wrong with praying before we start trading, but it must be accompanied by our analysis. Now if there is someone who prays but they do not analyze based on science, then that is a wrong thing for me.
I am reminded of what my friend said who happens to be someone who is devout in worship. He said pray before doing something, but don't think prayer will make everything in our favor, because we are the ones who have to work hard to get something. So the point is that praying before starting a trade is a good thing.

Of course, praying is not wrong. Religious texts emphasize prayer. If you ask God for something with concentration, if you are worthy of it, you may get it. Your prayers can be fruitful if you focus and improve your skills in trading. Profit or loss in trading depends on your skills. If you do not pray for profit you may get your reward.

Prayer works more like mental grounding than a market tool. It slows the mind and reduces panic which is often what destroys traders faster than bad analysis. Calm traders survive longer because they are not reacting emotionally to every move. Prayer can help create that calm but it does not change price action. Markets do not respond to belief or intention. They respond to liquidity structure and behavior.

Faith fits best when it supports discipline rather than replaces effort. Praying before trading can bring focus patience and restraint. Analysis and rules still do the heavy lifting. Skill determines outcome not prayer alone. Hard work preparation and self control decide results. Prayer then becomes a way to stay centered while accepting whatever outcome follows.

[Kasabus]

I’ve even tried praying and asking for luck, but guess what? Nothing happened. I bet a huge amount and still lost. That made me realize something is wrong with this way of thinking. So those who claim they win after praying, it was just a big coincidence. It wasn't really the prayer they made that made them win but luck. It just happens that it comes after praying.  

If you believe praying could help you in gambling, that's yours. But we can't please everyone to believe it because it looks unrealistic. I have faith in god but I understand why I should separate gambling.

[nara1892]

This is a bit funny, but it's okay because everyone is free to argue, but perhaps I'll suggest a few questions here, if prayer really did affect results, wouldn't we all not need to work hard and spend so much time just to learn? Of course, if prayer really did have an effect, maybe I would continue to pray 12 hours a day without having to analyze the market technically or fundamentally .
Basically, trading is not mystical, so it can't be associated with prayer, but there's nothing wrong with praying because it's a matter of faith, but one thing we must understand is that profits don't depend on your prayers.

Been trading a while and ngl prayer never fixed a bad setup, learning risk management did way more for me

Well, you have proven the truth, all forms of change will only occur when there is an action that we do, prayer is nothing more than words in the form of a request to something we believe in, this is not a problem and is not prohibited either, but if for example you want to develop more in trading, especially getting consistent profits, then there is no other way than to study harder and always evaluate every mistake you make, I also always pray but I do not make prayer as a guarantee to get profits.

[Leahized]

The spirit world is different from the physical world, physical world works on its own what happens will happen, but the point is how you can be on the good side of it, that is what God will train you for

If we pray for goodness, in any business field and hope for something good, prayer works. Because in any work one should wish well and work with honesty. If we pray while trading, then that prayer may not work. Because making money by trading is (maybe). There is a lot of risk here, if our plan is wrong then there will be loss. So besides praying we need to acquire skills about everything. If you love to trade, the experience you need to trade,They must be learned.

[ASloveapg]

This is a bit funny, but it's okay because everyone is free to argue, but perhaps I'll suggest a few questions here, if prayer really did affect results, wouldn't we all not need to work hard and spend so much time just to learn? Of course, if prayer really did have an effect, maybe I would continue to pray 12 hours a day without having to analyze the market technically or fundamentally .
Basically, trading is not mystical, so it can't be associated with prayer, but there's nothing wrong with praying because it's a matter of faith, but one thing we must understand is that profits don't depend on your prayers.

I believe one needs other factors in their quest for profit. Praying to God for a positive market is a worthwhile endeavor. As long as it's done with solid knowledge and sound tactical analysis, prayer and hope will be a calming factor. However, if one relies solely on hope without understanding how the market works or cryptocurrency, I think that's foolish. They should take a crypto learning class, as knowledge is more important than prayer.

The importance should be given equally in all areas, luck is needed and there should be more effort. Nothing is possible to achieve without effort, it is possible to achieve it only through effort. You must pray, but you must also keep trying with all your strength, so that you can reach your goal. Nothing comes without effort, good luck comes through effort, having a plan and being mentally prepared to accept losses, and you keep praying, and keep trying, success will come.

[Zigabel]

I will not want to make less of the position of prayers when it has to do with trading but then how do we explain this to a trader who isn't a Christian or a religious person, how do they understand and bend towards this form of taught because for them this is not something they can really relate with enough so trying to convince them about things like this may only make little to almost no sense to them, there are others too who believe in time and chance and for those they do not have to pray, they just know that these things will fall in place for them if they are doing it rightly. different beliefs will also influence how people are goin to react to this taught.

personally i agree there's is more than a whole lot prayers can do for you, that's what i got to realize through my believe system but even with this again, i also understand the place of work and how prayer cannot and will not replace it, just like OP did mentioned, God is not a magician and so as you pray, put in the work so you see clarity that will give you an edge to exceling in all that you do trading, don't just pray and expect to see the trends moving in your favor all at once, it may happen once as luck but will not be continuous there after.

[Bushdark]

. And I like the idea of asking for guidance instead of outcomes it puts responsibility back in your hands, which feels more honest and grounded.

Asking for guidance from God through prayer before starting out is a good idea because responsibilities still rest on you as you have already said, but before asking for that, you must at least have a little bit of knowledge on what you have to do, not just be totally blind, without knowing anything on how to navigate your way in the market and be hoping for signs and wonders.
So in essence of what am trying to say is that prayers before starting out is not a bad idea as long as you are just asking for guidance, not in the case of not knowing anything on technical and fundamental analysis and you enter the market blindly and be hoping that because you have prayed, you will automatically make money from the market, no, that's not how things works.
Because for God to bless the works of your hands you need to be doing the right thing, not by not doing anything or doing the wrong thing and be expecting signs and wonders.

I will like to recommend this aspect of praying before trading because it helps you put everything you are doing to the hands of the Lord because you can not do it on your own. People have been making the mistakes of thinking that it is by their own power to be successful in trading as they acquire skills that will differentiate them from other traders looking for how they will break the bank and earn huge profits with their insufficient knowledge about trading.

 Trading is very complex but many people are not aware about that, because they have made huge profits from trading, they think the road to success in trading is very easy for everyone because their story is different which is not so.

[tvplus006]

...I just emphasize that even though we pray, we should never forget to always do what we should do...

Everyone should remember the saying: "Trust in God, but don't neglect your own responsibilities". And this means that the trader must still analyze the market situation, comply with risk management and follow his trading strategy.