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

[liasbaa]

Trading is often not enjoyable. As you said, some days of the week the decisions are against you but in the end the decisions are positive. Basically I never look at it weekly. I analysis the observations every month. I use leverage only for buying in dips season. Apart from that I keep a certain allocation for trading during the rest of the time.

I think trading is risky so it is better to trade with riskier currencies because there is a possibility of getting high profit but the market cap of that currency is strong. You have to fight against the odds and trade there, the more experienced you are, the more perfect your decisions will be. I have some disagreement about comparing it to gambling but trading is a source of entertainment for experienced people. Like gambling volatility or evaluation of experts is very limited luck is more important here.

[Alone055]

Trading is often not enjoyable. As you said, some days of the week the decisions are against you but in the end the decisions are positive. Basically I never look at it weekly. I analysis the observations every month. I use leverage only for buying in dips season. Apart from that I keep a certain allocation for trading during the rest of the time.

I think trading is risky so it is better to trade with riskier currencies because there is a possibility of getting high profit but the market cap of that currency is strong. You have to fight against the odds and trade there, the more experienced you are, the more perfect your decisions will be. I have some disagreement about comparing it to gambling but trading is a source of entertainment for experienced people. Like gambling volatility or evaluation of experts is very limited luck is more important here.

Nothing is enjoyable if you are losing money, lol. Whether it's trading, gambling, another investment, or anything in the world where finances are involved, you won't enjoy it if you are not making any money from it but only losing money, but if you are making money from something, even if it's the most boring thing in the world, you will still enjoy doing it because you know that it's working for you financially, and that's basically what we strive for in the world today, because money has become the most important thing in the world, and you are nothing if you don't have money, or don't have a proper source of income.

There is nothing wrong with taking risks when you are into trading, but you should make sure that your risks are calculated, and the amount you are using for each trade must not be bigger than 10% of your total capital, because if you are doing futures, you could lose the amount in liquidation, and if you are into spot trading or scalping, your amount could get stuck if the market goes against you. That's why, it's important to understand how you should manage your trades and how you should manage your trading capital to avoid both losing money and wasting your time without getting any profits.

[Jatiluhung]

I don't have a lucky day in trading, meaning the results are mostly random but so far the positive results still outweigh the losses, but I don't remember which days give me more positive results, the point is my profits come at random times but usually I get more profits when I trade in a stable and calm state of mind, maybe because it makes it easier for me to analyze the market because my focus is not disturbed.

Trading requires a calm mind. This is because analyzing and developing trading strategies or plans requires time and peace of mind. I always avoid entering the market when I am not in a good mood. Sometimes we cannot force ourselves to enter the market when our hearts and minds are not focused, because this will only lead to more losses.

However, for me, certain lucky days always apply. Like Sunday to Wednesday. And usually, starting on Wednesday, I sell some of the assets I bought on Sunday or Monday.

[ndutndut]

I rarely experience luck and even if I do, it's by chance. Basically luck comes when the strategy we use works well at the right moment. Furthermore I'm not a day trader trading the majority of my assets daily for the long term.

I only trade occasionally at certain times and have extra funds after DCAing my main assets. Sometimes, trading isn't just about luck it's purely about strategy and the timing of entering the market. I often have luck in gambling especially in the Bundesliga and championship betting, trading is difficult and rare.

[SOKO-DEKE]

If it is not today that I have seen this topic, I don’t even know there are always some lucky days in trading. I have never noticed that before or maybe it is because I am not a trader that trades every day but instead trade on any day I feel like trading and after doing some analysis.honestly, I can say that almost every day of the week I have been able to make profits from it before. So I don’t think that days really matter in trading, but what really matters is someone’s analysis.

If someone has to depend on lucky days, that is not a sign of a good trader, because that kind of trader is likely relying on luck and not on analysis. I know that luck is involved in trading, but it should not always be the target, because if someone relies on picking lucky days, they will depend on those days, which may not work sometimes.

[barbara44]

Trading requires a calm mind. This is because analyzing and developing trading strategies or plans requires time and peace of mind. I always avoid entering the market when I am not in a good mood. Sometimes we cannot force ourselves to enter the market when our hearts and minds are not focused, because this will only lead to more losses.

However, for me, certain lucky days always apply. Like Sunday to Wednesday. And usually, starting on Wednesday, I sell some of the assets I bought on Sunday or Monday.

It is true, you cannot trade with a mind that is filled with other stuff. Sometimes life is very busy and we have to think of so many things and we cannot have too much focus, when that happens the results aren't that good.

You need to make sure you empty your mind before you start trading and only thing that you are focusing on is to make some money and if you can do that then trading will become very easy for you but in many of the cases people end up trading with a busy mind and end up losing money.

[AmoreJaz]

If it is not today that I have seen this topic, I don’t even know there are always some lucky days in trading. I have never noticed that before or maybe it is because I am not a trader that trades every day but instead trade on any day I feel like trading and after doing some analysis.honestly, I can say that almost every day of the week I have been able to make profits from it before. So I don’t think that days really matter in trading, but what really matters is someone’s analysis.

If someone has to depend on lucky days, that is not a sign of a good trader, because that kind of trader is likely relying on luck and not on analysis. I know that luck is involved in trading, but it should not always be the target, because if someone relies on picking lucky days, they will depend on those days, which may not work sometimes.

You can't determine when or where will you get luck in trading. So I don't think anyone can pinpoint what day they are having luck in trading. What I can say is that, it is better to trade with your extra funds just like in gambling. Because you have no assurance of your profits, it is better to use those extra money to trade rather than hope that every trade will give you profit.
Also, in trading I believe you will be more lucky if -
> you know know that particular market, so it means, you know the alt background and its developmental progress
> you are keeping up with this trading market
> you are subscribed with their respective social media channel

[hafiztalha]

Trading requires a calm mind. This is because analyzing and developing trading strategies or plans requires time and peace of mind. I always avoid entering the market when I am not in a good mood. Sometimes we cannot force ourselves to enter the market when our hearts and minds are not focused, because this will only lead to more losses.

However, for me, certain lucky days always apply. Like Sunday to Wednesday. And usually, starting on Wednesday, I sell some of the assets I bought on Sunday or Monday.

It is true, you cannot trade with a mind that is filled with other stuff. Sometimes life is very busy and we have to think of so many things and we cannot have too much focus, when that happens the results aren't that good.

You need to make sure you empty your mind before you start trading and only thing that you are focusing on is to make some money and if you can do that then trading will become very easy for you but in many of the cases people end up trading with a busy mind and end up losing money.

When you are trading in the market,you are trading according to the market because market trends will be shift and you will be in profit at sometime because many people are earning good in profit and they are losing also but no day is for profit and loss because anyone could be in profit at any time because that is part of life but understanding the market always matters because if you are learning well and you are doing progress then you will be able to get more profit in the market and your analysis should be strong because many people are losing because they did not analyse the market at any time and now they are in bad condition. If you will invest your more on books then you will be able to make relationships with the people who are actually getting profit from the market.

[Bitcoin_people]

In terms of trading, I think that no day of the week is unfavorable, rather we have to gain our own experience and then enter by understanding the market position. If we consider it carefully, we will see that there are some days in a week when the market is in good shape and we can make a profit by trading, and some weeks when it is not possible to make a profit due to market instability. That is why we should first analyze the market and then maintain our discipline with patience. We should trade following our market analysis during the week, there will be a possibility of profit and if trading is done for a long time, there may be a possibility of loss.

[SamReomo]

In terms of trading, I think that no day of the week is unfavorable, rather we have to gain our own experience and then enter by understanding the market position.

Yes, when we trade as a professional traders or the traders with good experience then no day of the week is unfavorable. The lucky days in trading are for the ones who believe in luck and in trading luck doesn't play any role, someone's good decisions and trading skills matter way more than someone's luck.

I trade when I find good opportunity in the market and for that trade I don't really rely on luck but on my skills that I've gained after trading for many years. Even, I've lost some good amount of money when I started Solana meme coin trading as those coins aren't for traders but for gamblers, but when it comes to trading of Bitcoin and some good alt coins, I've always made some profit time after time.

[alankasman]

In terms of trading, I think that no day of the week is unfavorable, rather we have to gain our own experience and then enter by understanding the market position. If we consider it carefully, we will see that there are some days in a week when the market is in good shape and we can make a profit by trading, and some weeks when it is not possible to make a profit due to market instability. That is why we should first analyze the market and then maintain our discipline with patience. We should trade following our market analysis during the week, there will be a possibility of profit and if trading is done for a long time, there may be a possibility of loss.

All of this must be carefully considered when choosing with the goal of maintaining a profit in trading once a week. If we make a mistake and are not careful in choosing the prevailing market conditions will impact our trading. Sometimes during a week market conditions are unstable which can serve as a warning to us so that we don't need to increase our stock due to the instability.

This kind of incident is the same for someone trading because usually sales in a week continue to increase what a person trading must do is continue to spur in looking for analysis which is usually the best choice because of the reason that many profits occur so that the party who does the trading must really have full concentration and should not be provoked by what many people do because the habit of the choices we make always results in profits once a week and this matter must be really careful in seeing developments regarding the stability of market conditions even though sometimes in the next week we still have not found conditions that allow for our profits so that even if it takes a long time it will not be a difficult thing for us because we know that what we want is profit not loss even though occasionally we also feel what is called loss.

[Issa56]

It is true, you cannot trade with a mind that is filled with other stuff. Sometimes life is very busy and we have to think of so many things and we cannot have too much focus, when that happens the results aren't that good.

If you are busy, then why trade? If you are trading when you are occupied, then you won’t be able to properly make analysis, and you will end up losing at the end. Whenever I notice I have things disturbing me which is going to divide my attention, I don’t even go close to trading because I know at the end am going to be distracted and am going to be losing. If you are kind of busy, I will advise you don’t even go close to trading during that period, you should trade whenever you are free, and you are suppose to give it full attention. Some people believe they can trade at anytime and they going to win, but things don’t work like that.

[Pandorak]

The best lucky day in trading?

I don't know exactly what day that is, because i only trade when there is a valid setup, when the trend matches my trading style, and with various other considerations that allow for a higher chance of winning. But there are bad days when i won't trade, such as Saturdays, Sundays and Mondays. At these times, the market seems sluggish and also quite risky, prone to weekend news.

[Jatiluhung]

Trading requires a calm mind. This is because analyzing and developing trading strategies or plans requires time and peace of mind. I always avoid entering the market when I am not in a good mood. Sometimes we cannot force ourselves to enter the market when our hearts and minds are not focused, because this will only lead to more losses.

However, for me, certain lucky days always apply. Like Sunday to Wednesday. And usually, starting on Wednesday, I sell some of the assets I bought on Sunday or Monday.

It is true, you cannot trade with a mind that is filled with other stuff. Sometimes life is very busy and we have to think of so many things and we cannot have too much focus, when that happens the results aren't that good.

You need to make sure you empty your mind before you start trading and only thing that you are focusing on is to make some money and if you can do that then trading will become very easy for you but in many of the cases people end up trading with a busy mind and end up losing money.

Yes, that's right. And most of those who become too active in trading or trade excessively are those who cannot even tell when it's time to stop and when it's time to start. They usually don't even pay attention to their own mood. And in the end, their trading becomes filled with emotion, and risk management is usually neglected in such conditions. Even emotional management in trading will no longer be used. So in the end, in a chaotic state of mind, their trading will not be successful at all. Unless they are just lucky. So it is very important to recognize our own condition before starting to trade.

[Bobrox]

The best lucky day in trading?

I don't know exactly what day that is, because i only trade when there is a valid setup, when the trend matches my trading style, and with various other considerations that allow for a higher chance of winning. But there are bad days when i won't trade, such as Saturdays, Sundays and Mondays. At these times, the market seems sluggish and also quite risky, prone to weekend news.

Normally at the weekend the market looks stable and not any significant pump or dump make us difficult to earn profit trough cryptocurrency trading. Actually I don't know about what the best or luck day in trading how market fluactive right now all days in a weeks could be luck day or unluckiness day, sometime at weekend make us difficult to earn much profit how many bad news of cryptocurrency make several top altcoin getting down.

Weekend is right time to entry and take profit at next working days such as Monday, Tuesday and close entry until Friday, its my strategy in trading how to get lucky day but some time weekend has moment for crypto recovery.

[lizarder]

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 don't know if Wednesday is my lucky day in trading, but I always have good luck on that day, even if I don't always make a profit. This has also been a wild thought of mine before and I used to wonder if Wednesdays are always lucky in trading because most of the trades I take on that day always result in a profit. This is different from Fridays, where almost all of my trades on that day don't go according to plan and often result in liquidation ultimately resulting in a loss.

This is interesting because sometimes we think there are days when we can be quite profitable in trading even though we don't ignore fundamental analysis or other analysis when planning our trades. From my experience, I have found Wednesday to be a lucky day for me because I make far more profit trading on that day compared to other days.

[Zigabel]

I have recorded the best win rates on Wednesday from my days of trading, Thursday also comes in handy a few times, I have also had times where I get a fair deal from Tuesdays aswell but Mondays and Fridays have never been as smooth, this has been my personal experience so far on the days of the weeks as I trade. I have noticed that a few traders seem to have similar experiences as me and it has mostly been the Wednesday goodness that I have seen the most.

I have red some psychology into this observed pattern, I think it is mostly because a good number of people has already balanced their decisions by Wednesday, by then the market is already having a defined direction of movements, this is not applicable all the time actually but often time it has happened to be the case, Mondays are like beginning days so market may not have a defined direction as most people are sorting to figure the direction meanwhile Fridays are when people must have exhausted every moves and wants to retire for the weekends.  These may not be completely true but they are just parts of my taughts actually.

[Boiboi20]

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.

Personally I don’t think any particular day is cursed when it come to trading losses don’t pick days they just happen you can take trade on Monday Wednesday or Friday and still get the same results depending on the market.
However what really affects profitability is the market condition at that time even with a good strategy and clean setup if the market is not cooperating you can still take a loss I have had bad periods on different days and they always change so I don’t have one specific day I avoid it is more about the market at that moment than the day on the calendar.

[Boiboi20]

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.

Honestly I don’t think the day it self really matters that much weekend can feel slow sometimes so I used to think they were bad for me but that is not always the case I have had weekends where i actually made good money.
What matters more is practice waiting for the right entry and managing risk properly recently I have even noticed that I don’t lose on weekend but I might take small losses during the week I also don’t mind holding trades on for days if the setup is still valid instead of rushing to close them.

[Dickiy]

It is true, you cannot trade with a mind that is filled with other stuff. Sometimes life is very busy and we have to think of so many things and we cannot have too much focus, when that happens the results aren't that good.

You need to make sure you empty your mind before you start trading and only thing that you are focusing on is to make some money and if you can do that then trading will become very easy for you but in many of the cases people end up trading with a busy mind and end up losing money.

Yes, that's right. And most of those who become too active in trading or trade excessively are those who cannot even tell when it's time to stop and when it's time to start. They usually don't even pay attention to their own mood. And in the end, their trading becomes filled with emotion, and risk management is usually neglected in such conditions. Even emotional management in trading will no longer be used. So in the end, in a chaotic state of mind, their trading will not be successful at all. Unless they are just lucky. So it is very important to recognize our own condition before starting to trade.

It is certain that those who trade excessively are those who do not understand what trading is really about, usually they are amateur traders who come with the wrong mindset, and also usually they are traders who have a get-rich-quick motivation in trading and that is what makes them have the wrong approach.
You are right that most of the time they will be filled with emotions because of the responsibility that is difficult to apply when they come with the wrong approach, recognizing the condition of themselves before starting to trade is important but it depends on their understanding too.