What Day Of the Week is Your best luck Day in Trading

[Wiwo]

Just as rhe tilte clearly stated,  this question is born out of personal experience and discovery,  Trading to me have gobe same pattern way just like gambling,  most especially my leverage trading experience,  even though thaz i trade in a less volatile market like bitcoin,  i still fine it hard to consistently enjoy my trading experience on some days of the weeks.

On those unfavorable day of the week, no matter my trading analysis and preparation,  i still end up making unfavorable trading decisions that will end i  loses for me unlike on the Wednesday of the week, where most and all my trading decisions always almost co e through with positive results.

This realities of event led me to publish this thread to seek the opinion and observations of other traders in the forum to understand whaz their feelings are as regards this topic and experience.

[Charles-Tim]

I think weekends can be unfavourably for me, but I do not think any day matters, what I think that matters more is to be patient and enter the market at the right time, and also knowing how to manage your risk. There are weekends that I can trade and make some profit. I do not lose during weakens recently while I may lose little amount of money during weekdays which is making me think elsewise. I may leave some trades for days also but I prefer to hold.

[Asiska02]

Does some days really matters and make one unprofitable in trading. For me, I can’t say there are some specific days that when I trade I face losses. Those losses come randomly and can fall in any day of the week. Market conditions contribute to failure in trading in which when the condition is not favorable, even with your best method of trading and getting good A+ setups, you’re still more likely to face a loss in the market. Everyday has its own bad time and they happen to me randomly, so I don’t have an handpicked specific day where trading doesn’t favor me entirely, the days revolve from time to time.

[BitMaxz]

Lucky day for trading?
I don't trade off weekends because it's unpredictable for me, and I know some local exchanges are closed during the weekend. All my trades are started on Monday, sometimes Tuesday, because weekdays are where most of the high volume is.
I don't have a lucky day; all my trades are based on chart analysis.

[rachael9385]

I think weekends can be unfavourably for me, but I do not think any day matters, what I think that matters more is to be patient and enter the market at the right time, and also knowing how to manage your risk. There are weekends that I can trade and make some profit. I do not lose during weakens recently while I may lose little amount of money during weekdays which is making me think elsewise. I may leave some trades for days also but I prefer to hold.

That's one advantage of trading crypto, the market is always open even on the weekends unlike forex trade that the market isn't always wise to trade at such time of the week. for me I don't think the particular day of the week really matters it's all about your strategy and also timing as well. Trading can be very complex a lot of times, the best thing to do when losses keeps coming in constantly is to quit for a while

[justinlamode]

I have not settled down to gather this data but I know the worst trading day as Monday because the market is just disorganized most Mondays. I have the mindset that Mondays are mostly used for manipulation of the market which is why I don't take trading serious that day. But as the week move into Tuesday and then Wednesday, then the weekly direction would have been clear so that trading can be done accordingly and in line with predominant direction.

[Alphakilo]

I think weekends can be unfavourably for me, but I do not think any day matters, what I think that matters more is to be patient and enter the market at the right time, and also knowing how to manage your risk. There are weekends that I can trade and make some profit. I do not lose during weakens recently while I may lose little amount of money during weekdays which is making me think elsewise. I may leave some trades for days also but I prefer to hold.

That's one advantage of trading crypto, the market is always open even on the weekends unlike forex trade that the market isn't always wise to trade at such time of the week. for me I don't think the particular day of the week really matters it's all about your strategy and also timing as well. Trading can be very complex a lot of times, the best thing to do when losses keeps coming in constantly is to quit for a while

I don't think full-time traders would have a good answer to give here because, what matters is the discipline of consistency and input of risk management practices. 
Only part time traders may have a good day when they feel the gods of trading are behind them and they feel like they would make a lot of gains that day, that would really have a good answer to give.

Myself loves to trade when am just fresh from a nice rest, be it I woke up from sleep or was doing something relaxing to cool my head. I see clearly and am more focused on how to use my strategy and direct my energy and I am more interested in how the market is after a few entries, before deciding if I should leave or continue for longer time as I feel more confident and in control of my trades at that hour.

[GreatArkansas]

The days that I have more screen time   These days work for me always, so even weekdays or weekends, I really don't't have routine from my trading, because sometimes I took some few days off during weekdays or weekends so for me, it really depends sometimes. It really depends on the days I have more screen time.

[Peanutswar]

When it comes with a week time frame i do always prefer making trading before the weekdays ends and also before the weekday starts this will serve as an entry at exit to the market. Every friday base on my observation most of the people market gets dump for a 1-2% at least because people are inactive with weekend and always monday as start of the opening of the new candles.

[X-ray]

I don't really trade too much but I usually buy bitcoin with DCA around friday-saturday. I think it's a good time because people are wrapping up their trading for the week and the price tend to stabilize and show its true valuation.

Although I have belief that there's no such thing as lucky day for trading since market change and the good day change a lot.

Back then weekend was relatively stable for trading but right now even a big dump can happen in sunday. Therefore there's no such thing as lucky, just a superstition.

[LogitechMouse]

Re: What Day Of the Week is Your best luck Day in Trading

I can't think of a specific day where I'm being profitable on that day because there are always days where I'm profitable for that day then the following week, I might be losing on that same day and vice-versa. One thing's for sure though, trading on weekend sucks. Whenever I trade during weekends, I always lost nearly half or more than half of my capital, for many reasons.

I think weekends can be unfavourably for me, but I do not think any day matters, what I think that matters more is to be patient and enter the market at the right time, and also knowing how to manage your risk. There are weekends that I can trade and make some profit. I do not lose during weakens recently while I may lose little amount of money during weekdays which is making me think elsewise. I may leave some trades for days also but I prefer to hold.

It's not only you, but for the majority especially for newbies because weekends tend to have a low trading volume and because of that, false breakouts usually happens and there are way more liquidity grabs happening during the weekends that takes out those newbies including me.

Managing risk is very important in trading, and for me, managing risk includes not trading on weekends or if you still want then at least limit to just 1-2 trades per day and use a smaller amount of capital. I'm not saying though that weekends isn't profitable, but based on my experience, weekends isn't a profitable one for me, but for sure my experience isn't the same as others here.

[hugeblack]

weekend is usually the preferred time for cryptocurrency investment, as stock markets are closed and there's more time/money available, which typically has a negative impact on the market when it opens.

However, this is just one factor among many, and therefore its impact on the market is not expected to be substantial.

but based on my experience, weekends isn't a profitable one for me, but for sure my experience isn't the same as others here.

It could be the opposite; if you withdraw your profits before the start of the week, you will still make a profit.

[Rruchi man]

This realities of event led me to publish this thread to seek the opinion and observations of other traders in the forum to understand whaz their feelings are as regards this topic and experience.

There are traders who do not trade on Mondays; they use it to observe the market direction and the possible move for the week. Some traders prefer to trade on Tuesdays, Wednesdays, and Thursdays because on those days they believe the market has gotten a direction and there are many traders providing liquidity. On Fridays, some traders may trade but will be sure to exit the market early if they are not swinging because many traders will be going for the weekend, and the market may move slower. Currency traders usually follow this pattern.

For crypto trading, I personally fear weekend trades because even though the market does not close like the Forex market does, traders still take breaks on weekends; thus, the market will move slower also. I avoid trades on Friday evenings and Saturdays. I may take a position on Sunday evening.

[Wiwo]

weekend is usually the preferred time for cryptocurrency investment, as stock markets are closed and there's more time/money available, which typically has a negative impact on the market when it opens.

However, this is just one factor among many, and therefore its impact on the market is not expected to be substantial.

but based on my experience, weekends isn't a profitable one for me, but for sure my experience isn't the same as others here.

It could be the opposite; if you withdraw your profits before the start of the week, you will still make a profit.

Weekends market come with alot of unexpected market realities,  major market breakout yes and az rhe same time higher volatilities that forces traders most especially the newbies to either panic sell as lost (SL) or even get liquidated for those that lack the funding to jeep servicing they portfolio.

Volatilities is one of the major factors that make cryptocurrency trading far different than other stick assets that are less volatile,  this unique feature im cryptocurrency is what make ot hard for crypto market speculator to be able to make accurate prices predictions even in a most les volatile assets like bitcoin.

I prefer selling on weekends and buying tues Wednesdays,  but note, this can also go in the opposite so trade amount you can afford to wait on to recover,  i dont let the market cheat you remember you dont lose until you sell unless you trading high leverage on a pump and dump memecoins,  sticking to bitcoin is more reliable to me unless i want to gamble with my money with memecoins trading.

[palle11]

This realities of event led me to publish this thread to seek the opinion and observations of other traders in the forum to understand whaz their feelings are as regards this topic and experience.

On my side I have tried to identify a particular day as favourable day but I have not been able to get that because even some weekends turn out favourable and other weekends don't like it is for week days. What I have identified is that if you take the time to be patient for your trade execution, you will get it right and won't be bothered on a particular day or week that is favourable. We need patience more than we are looking for favourable week or days to trade. There are some trades that you will enter wrongly and you don't need anybody to tell you that you will lose the trade and some correctly, you will be certain for your profit. So the important thing is to be patient to execute the right trade order.

[Jatiluhung]

Just as rhe tilte clearly stated,  this question is born out of personal experience and discovery,  Trading to me have gobe same pattern way just like gambling,  most especially my leverage trading experience,  even though thaz i trade in a less volatile market like bitcoin,  i still fine it hard to consistently enjoy my trading experience on some days of the weeks.

On those unfavorable day of the week, no matter my trading analysis and preparation,  i still end up making unfavorable trading decisions that will end i  loses for me unlike on the Wednesday of the week, where most and all my trading decisions always almost co e through with positive results.

This realities of event led me to publish this thread to seek the opinion and observations of other traders in the forum to understand whaz their feelings are as regards this topic and experience.

My lucky days in the market are between Sunday and Wednesday. I usually start accumulating on Sunday or Monday when the market appears to be experiencing a slight correction, and then I wait for the market to rise, usually on Tuesday afternoon or Wednesday evening and Wednesday. And I release it at a profit on Wednesday.

This cycle often repeats itself, although there are occasional variations. However, for the most part, this cycle continues to occur every week. Therefore, I often take advantage of it and always limit my trading to those days with swing positions rather than scalping.

[joeperry]

Definitely weekends. I really don't fully believe in luck when it comes in trading since all of this were all technical, however I do think I have more chance of having a profit during weekends, not because there's some news or anything like that but it's mostly my free time of the week which means I do have more time on reading the market, analyzing the situation and of course doing my strategy. I think the more time that I have or spent time that I allocate in trading the more chances that I am winning, but of course it's not all the time.

[As-Soon-As]

Just as rhe tilte clearly stated,  this question is born out of personal experience and discovery,  Trading to me have gobe same pattern way just like gambling,  most especially my leverage trading experience,  even though thaz i trade in a less volatile market like bitcoin,  i still fine it hard to consistently enjoy my trading experience on some days of the weeks.

On those unfavorable day of the week, no matter my trading analysis and preparation,  i still end up making unfavorable trading decisions that will end i  loses for me unlike on the Wednesday of the week, where most and all my trading decisions always almost co e through with positive results.

This realities of event led me to publish this thread to seek the opinion and observations of other traders in the forum to understand whaz their feelings are as regards this topic and experience.

I think that if you are patient and trade, you will definitely be successful, but if you are in a hurry, then your chances of being located will be the highest. And you have to enter the market by looking at the market balance, because the market is always in turmoil. So if you enter the Bitcoin market at the right time and trade, then you will definitely have the highest chances of being profitable. But you must know how to avoid your risk and manage your money at the right time by managing the risk. If you pay attention to these things, then in the end you will be able to increase your chances of being profitable.

[gunhell16]

I'm not a trader who depends on profit from so-called "lucky days." I simply base my entry position on the results of my chart price analysis whether I should go short or long. Because in cryptocurrency trading, we can still make profit even if it's not based on specific days.

Since as long as we have the chance to enter a good opportunity, for sure we will also get profit from our trading activity. That's why what others say is also correct we should know
how to do back testing and identify bias.

[armanda90]

I don't remember which one best luck day in trading but usually the weekend is unlucky day after many time loss and my coin after buying when weekend coming price dump significant. I avoid my self trading in cryptocurrency during weekend but if raise support price I will buy back just set up short term way for taking profit, weekend always have bad memorize for my trading exactly when the middle night coming of weekend almost terrible market dump significant.
For lucky day I think all days since Monday to Saturday and quick market for awhile at weekend, I am interested at Sunday moment for trading because is greatest day have possibility earn much profit than other day, overall all days is good day for trading just avoid trade at weekend due many downtrend moment of cryptocurrency price.