Does prayer work in trading?

[leonair]

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.

Praying to be able to profit in trading means that you will make a profit because of your luck. It cannot be denied that luck can play a role in everything. However, technical analysis can greatly increase your success rate. Therefore, in trading, you cannot rely solely on luck, you need to develop the skills of proper analysis, which can change your luck and you can profit from trading in the right way.

[Mpamaegbu]

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

Whatever that in bold meant wasn't clear to me. Maybe, a typo? Anyway, I understand the rest of your comment and I strongly concur with it. Trading isn't religiosity. The same way being religious won't make anyone a good trader without grinding for it. People should leave all that sentiment out of business. God blesses sinners the same way He blesses converted people if both of them stick to the principles of whatever businesses and professions they indulge in. For trading, the principles are there to follow; whether one is a Christian/Hindu/Moslem/heathen or not, to be successful. It's not about praying.

[moneystery]

If prayer works then we will see that so many people make more profit from their trading, but in fact that is not the case, still the most important thing in trading is risk management, discipline and a clear strategy, not just hoping for prayer and then hoping that God gives a profit, it's not like that.
In trading we need to think more logically and rely more on our own abilities to be able to manage our trading, so that the results can be maximized and we avoid big losses due to wrong decisions. I'm not saying that prayer is useless, but it can only be used as an act to calm yourself and make you mentally more stable, but not as a substitute for analysis in trading for maximum profits.

[aysha9853]

Prayer won’t flip a red candle into green just because you asked, markets don’t work that way, what prayer can do is help with patience and self control, which most traders lack.

[Phoenixtrader]

There have been alot of arguments where some People say prayer works in trading and some say prayer doesn't work

Well I do love to shear how it works.
Your prayers to God will not control the market if not everyone who prays will be profitable. God doesn't do magic he creates miracles by our own Co-operation,
Co-operation regarding to time and mindset, have you all heard a saying that when one prays for peace but God brings conflict and you have no other choice but to create peace by ending that conflict, what God will do is to give you wisdom and strategy to end that conflict by the help of the holy spirit, and when you end that conflict which probably is hardest one any other one that come will be a piece of cake for you, that is a miracle you now have peace!

It's actually same in trading as well, you want to be profitable, you enter a trade and start praying for it to go up, do you think God will do such? Lol

His not a magician

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

God will let you loose and tell send some one or a video to remind you not to give up. He will help you in the process and also be with you, he will make you come across people and videos that will teach you the right strategy, he will make you see the consequences of inpatients and then you become patent as a result of experience, he will make you see the consequences of indiscipline and then you become discipline. But you will achieve these things the right and reliable way that will last forever because it's the training of God through the holy spirit

But one thing prayer wouldn't do is to control the market to your favour.

Prayer trains you.

This is funny I won't lie.. just have skills🤕 man.. skillssss

[Agbamoni]

As I have said before, prayer does not influence our trade. It is a belief that can influence your decision when you pray to make the right choice.

Prayer is not a tool, not a strategy, not a bot trader, nor is it what we should rely on to make a profit in trading. But everyone has the right to trust in what they believe in for good fortune.

[Rubuchi]

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.

Praying to be able to profit in trading means that you will make a profit because of your luck. It cannot be denied that luck can play a role in everything. However, technical analysis can greatly increase your success rate. Therefore, in trading, you cannot rely solely on luck, you need to develop the skills of proper analysis, which can change your luck and you can profit from trading in the right way.

for you to be saying that prayer does 90% of the work in trading means that you can just skip the technical and fundamental analysis part of it to get lucky. But that’s also like saying you can win a marathon by praying hard instead of training your legs. Sure luck plays a role in trading sometimes but relying mostly on prayer while your  chances are low and not sure is not faith but that’s like gambling with extra steps. Praying for profits is fine if it keeps you calm and hopeful but it doesn’t replace real skills. Luck can help you on one or two occasions but consistent money in trading comes from learning charts, understanding risk, managing emotions and building a solid edge with analysis and that is why God gave us brains to think, plan and study the market rationally.

[Fakhrulenclix]

As I have said before, prayer does not influence our trade. It is a belief that can influence your decision when you pray to make the right choice.

Prayer is not a tool, not a strategy, not a bot trader, nor is it what we should rely on to make a profit in trading. But everyone has the right to trust in what they believe in for good fortune.

Praying only for yourself, but when we have entered into trading and pray with the hope that our choice is right, I think it is meaningless, I just look at it realistically, maybe everyone has their own beliefs, but not in trading, everything is influenced by technical matters, not outside of that.

[avp2306]

As I have said before, prayer does not influence our trade. It is a belief that can influence your decision when you pray to make the right choice.

Prayer is not a tool, not a strategy, not a bot trader, nor is it what we should rely on to make a profit in trading. But everyone has the right to trust in what they believe in for good fortune.

Praying only for yourself, but when we have entered into trading and pray with the hope that our choice is right, I think it is meaningless, I just look at it realistically, maybe everyone has their own beliefs, but not in trading, everything is influenced by technical matters, not outside of that.

Belief is meaningless if they rely on luck to earn thru prayers they made, instead of doing that much better if they spend their time enriching their self with good knowledge about trading.

Since continuous relying on prayers would provably not help them to go anywhere. Since its like they are doing a bigger gamble for thinking about they can surely earn if they pray to their good that they grant their wish for more winning traders.

Praying is good but also if they mixed it up with reading or watching helpful trading videos, I guess they can possibly get more decent result.

[EarnOnVictor]

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.

Praying to be able to profit in trading means that you will make a profit because of your luck. It cannot be denied that luck can play a role in everything. However, technical analysis can greatly increase your success rate. roper analysis, which can change your luck and you can profit from trading.

Lol... I was just reading your post as if I was reading someone's script. The truth is that prayer works, and I am a huge testimony to it. But in trading, my brother, don't deceive yourself, God is not mocked. Still, God could save his children from a trading mistake, but this will be in rare cases, and it would largely depends on the level of the relationship of the trader with God.

I tell you, it will be rare to the point that if 1 billion traders pray such prayers, God may only intervene in just 5. You can see that its hopeless? Instead, God can open the eyes of people who prayed to him to trading strategies and know-how. Otherwise, it's a futile thought to believe that prayer is the answer to trading. It's as if the person is joking with God.

[davis196]

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 like people with a sense of humor.
Maybe if all crypto traders could gather around and start praying to God for another ATH Bitcoin price, God will hear our prayers and suddenly the Bitcoin price will hit 130K or even 150K USD. Or what about a 250K USD Bitcoin price. The sky is the limit. The most important thing is for all crypto traders to pray for the same thing. If the "bears" pray for the price to go down, while the "bulls" pray for the price to go up, the prayers of both groups will contradict each other and the price won't move anywhere.
Seriously, praying for material things like making more money and achieving financial success is cringe. Religion is against wealth and rich people won't enter the Heavenly Kingdom. Everything is written in the Bible, but some people misinterpret the Bible in a weird way.

[Achalugo BTC]

Praying to be able to profit in trading means that you will make a profit because of your luck. It cannot be denied that luck can play a role in everything. However, technical analysis can greatly increase your success rate. Therefore, in trading, you cannot rely solely on luck, you need to develop the skills of proper analysis, which can change your luck and you can profit from trading in the right way.

That's right but its essential to know that faith without work is nothing because prayer comes with faith or hope of gaining more that what you invest.
So, neglecting the act of doing the needful to make your dreams come true and just hoping on prayer, which will decrease your chances of your success, that is why acting based on protocol helps people to achieve their goals because everything has its protocol on how they works and adhering to it, brings success and productivity.
People should also try to acquire more knowledge and understanding of what trading is all about before they can take action on their decision, so that they will be able to prevent into falling pitfalls or traps.

[Yorubek]

Prayer won’t flip a red candle into green just because you asked, markets don’t work that way, what prayer can do is help with patience and self control, which most traders lack.

To trade properly, first of all, you need the right knowledge, besides money, time, market analysis and patience are very important. You can become a successful trader by being patient for a long time, it is not possible to become a successful trader by prayer. It is not easy to achieve success in trading, so you have to be patient for a long time, as a result your experience will gradually increase and when you enter the market at the right time and wait for the right time to exit the market, you can become a successful trader.

[Fiatless]

To trade properly, first of all, you need the right knowledge, besides money, time, market analysis and patience are very important. You can become a successful trader by being patient for a long time, it is not possible to become a successful trader by prayer. It is not easy to achieve success in trading, so you have to be patient for a long time, as a result your experience will gradually increase and when you enter the market at the right time and wait for the right time to exit the market, you can become a successful trader.

God is involved in everything that concerns those who believe in Him. However, the creator gave us brains to enable us to make the right decision. A trader who depends on the creator for everything will soon go bankrupt. Traders need to do their homework and still pray for God's favour.   

[rat03gopoh]

I like people with a sense of humor.

Before you, 100% of the members who responded to my opinion simply thought this was serious. I imagined their expressions when they wrote those replies. However, I'm glad everyone is still able to think rationally. Haha... good catch...

If the "bears" pray for the price to go down, while the "bulls" pray for the price to go up, the prayers of both groups will contradict each other and the price won't move anywhere.

That's what I mean by prayer volatility. It might be fun if the accumulation of prayers could be visualized on a chart or displayed like a liquidity heatmap. Not gonna lie, looking at price charts is a bit boring.

Seriously, praying for material things like making more money and achieving financial success is cringe. Religion is against wealth and rich people won't enter the Heavenly Kingdom. Everything is written in the Bible, but some people misinterpret the Bible in a weird way.

Yeah, God knows which are genuine prayers or just another manifestation of greed. Therefore, not all traders' prayers are necessarily answered.

[Alpha Marine]

Prayer contributes 90% to trading. Instead of technical and fundamental analysis, simply praying can bring you luck and become more religious.

I was hoping you were being sarcastic, but it seems not.
Prayer does not contribute 90% to trading. I highly disagree with that. There is no amount of prayer that will determine the movement of a market or coin.
Imagine we're both trading equities, for example, and I went long while you went short, and we were both praying to God to make the asset go our way, who will God answer? I mean, he's God to both of us after all. He doesn't love one more than the other, does he?

Your knowledge of trading and technical analysis is what is required most, not prayer. In fact, I bet the best traders you know don't even pray or believe in God at all. That's because it's your brain that is required to do the work, not some spiritual power.
Whatever knowledge you want to acquire, you can do that by working for it and not by prayer, because like you sad, you already have the brain created by God that can understand anything you want to.

[dunfida]

Praying to be able to profit in trading means that you will make a profit because of your luck. It cannot be denied that luck can play a role in everything. However, technical analysis can greatly increase your success rate. Therefore, in trading, you cannot rely solely on luck, you need to develop the skills of proper analysis, which can change your luck and you can profit from trading in the right way.

That's right but its essential to know that faith without work is nothing because prayer comes with faith or hope of gaining more that what you invest.
So, neglecting the act of doing the needful to make your dreams come true and just hoping on prayer, which will decrease your chances of your success, that is why acting based on protocol helps people to achieve their goals because everything has its protocol on how they works and adhering to it, brings success and productivity.
People should also try to acquire more knowledge and understanding of what trading is all about before they can take action on their decision, so that they will be able to prevent into falling pitfalls or traps.

Prayer on its own does not move markets and it never replaces preparation. What it can do is influence the state of mind of the person trading. Calm focus patience and restraint often come from faith but those qualities only help if they are paired with action. Luck exists in every field but relying on it alone turns trading into gambling. Skills are what tilt probabilities over time. Trading responds to structure not hope. Technical analysis risk management and discipline form the framework that gives decisions context. Without that framework prayer becomes passive waiting rather than active engagement. Protocols exist in trading for a reason because markets reward consistency and punish randomness. Following rules does not guarantee profit but ignoring them almost guarantees loss.

Faith without effort creates false confidence. Effort without understanding creates chaos. The balance lies in combining belief with preparation. Learning how markets behave studying patterns understanding risk and managing emotions all require deliberate work. That work is what transforms chance into opportunity.

[AGogi2003]

It's necessary to do proper research before investing in any coin and if you are opening a trade then make sure you are confident about the position you are taking. Prayers alone won't help us, if we are not ready to do work that is related to us like doing research on coins, reading charts etc. Like I have done my research on many coins and figured out that Bitcoin is best among all coins if invested for long term. Now if I pick sh*t coin and start praying for it's success then those prayers are of no use.   

Sure, before doing anything the first thing to do is to understand how the trading is you need to make proper research before starting to trading or any other investments. Trading is always different from other stuff like business or investment, trading can make you become rich in some minute and still make you become broke again in few minutes, that is why trading is not for the lazy people is for the risk takers if you can't take risk is better you should leave trading and look for another alternative to do that can give you profit. But if you said you will do trading you will face may challenges and if don't have a good source of income you can't handle trading easily.

[Dzwaafu11]

But one thing prayer wouldn't do is to control the market to your favour.

Praying does not control the market to move according to our analysis. But some people believe that when they start something with a prayer, they experience smoothness in carrying out their activities. I think there is nothing wrong with someone praying; it shows how close a person is to their God. But of course, we understand that it does not affect trading results. It is just a form of personal belief.

Prayer can lead to success man. And doing with without prayer it’s too risk. Believe in your self, even with the Knowledge and understands prayer need to be atf he’d to succeed in all you do. Although the most important thing is the knowledge, and how trading works, after that you need to pray to succeed.

Furthermore, everyone know prayer doesnt controls the market move, but seems you are misunderstanding the concept, people to be guided by their beliefs so they will be in the right part of whatever they are doing.

[Razmirraz]

Snip

Praying to be able to profit in trading means that you will make a profit because of your luck. It cannot be denied that luck can play a role in everything. However, technical analysis can greatly increase your success rate. Therefore, in trading, you cannot rely solely on luck, you need to develop the skills of proper analysis, which can change your luck and you can profit from trading in the right way.

Trading requires proper analysis and strategy to achieve the desired targets. It is very clear that analysis can help increase the success rate by identifying market patterns and trends, while prayer is only limited to asking for the best from God to get good results. Luck cannot be relied upon as the only factor, it is necessary to develop proper analytical skills in order to make more informed decisions to increase the chances of success.
Clearly, trading is not just about relying on luck, but also requires discipline, increased patience, and the ability to manage risk. Traders must be able to think one step ahead because relying on luck alone is not enough without developing the right analytical skills to turn luck into profit.