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

[GiftedMAN]

If you think that which day of the week you are trading will decide on your result then you are going to end up with a lot of mistakes. The reality is simpler, you are going to find a good trading when you find it and that will change everyday, it's not going to be certain day of the week.

Sure, weekends have a bit more volatility and liquidity and more volume there is no denying that but even that can change on a certain day and not guaranteed and you should not be looking at that as a good way of making money.

Trading is not something one can pick day for, in order for them to be successful because trading can change at any given time or day, due to its volatility.
 People are to remain focus and upright by adapting to the changing of the market, which can be of support to their achievements. Also, by getting an understanding of trading will give them ideas on how they can hold still and keep achieving their goals.

[Jaksonhard]

If you think that which day of the week you are trading will decide on your result then you are going to end up with a lot of mistakes. The reality is simpler, you are going to find a good trading when you find it and that will change everyday, it's not going to be certain day of the week.

Sure, weekends have a bit more volatility and liquidity and more volume there is no denying that but even that can change on a certain day and not guaranteed and you should not be looking at that as a good way of making money.

Trading is not something one can pick day for, in order for them to be successful because trading can change at any given time or day, due to its volatility.
 People are to remain focus and upright by adapting to the changing of the market, which can be of support to their achievements. Also, by getting an understanding of trading will give them ideas on how they can hold still and keep achieving their goals.

"You're certainly correct. Trading shouldn't be regarded as a hobby, because it will take time to develop and build these skills before becoming proficient at trading on the day-to-day basis. The volatility associated with the forex market means that prices may change rapidly, therefore making consistency difficult, and traders must remain focused, disciplined and flexible at all times, especially during unanticipated price movements. By having an excellent understanding of how the forex market operates, traders are able to maintain their composure during a fast moving, and ultimately, make a clear-headed and rational decision about the future direction of their investments."

[Lannakosa]

I do not think that trading should be considered in the context of separate trading days. I notice that Mondays are often unpredictable, so I try either to trade less on Mondays or not to rush into opening new deals. But in general I do not have any special days when I am more or less lucky, everything happens differently. I evaluate trading results not by separate days but try to divide them by months or quarters, in different ways.

[Oluwa-btc]

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.

In this case,I don't believe trading has unfavorable and favourable days of the week.Having said that, there's no universal best day of the week for trading.Inasmuch as I hear traders usually say Mondays reactions to market is slower,trading depends more on the patterns than the days of the week.But I know the worst day in trading is the day you trade emotionally.

[Dreadboost]

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.

I agree with you, I’ve also noticed weekends can feel slower and more prone to weird price action lower volume, bigger spreads, the day of the week itself isn’t the holy grail . What actually helps is discipline, waiting for your setups, risking properly , and having a clear risk plan before you execute.
I’ve had losing trades on Mondays and winning ones on Saturdays, and vice versa. The difference usually comes down to whether I respected my own rules or forced a trade out of boredom/FOMO. Weekdays often give cleaner moves and better liquidity, which naturally helps execution, but a good trade is a good trade regardless of the day.

[shawonngp]

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.

There is something powerful about Wednesday, it is the most critical day of the week for blessings and amazing miracles, most African culture often chooses Weds to perform some rituals saying its a day where the Ancestors rises and blesses people business, endeoviour and career. I do get amazing results in my business on Weds too but not trading actually.

I don't pick a specific day for trading because profit or loss depends on market conditions. The crypto market is always highly volatile, so you cannot guarantee that the market will not crash on the specific day you choose. I see many traders say certain days are lucky days. As far as I know, crypto doesn't go up or down on any specific day. I think it's just a psychological thing. Many traders I know consider Monday a very lucky day for them. They can make a good profit on this day. I haven't actually researched with any specific days. So I have no experience with it.

[Agbe]

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.

If we are talking about forex trading then we all know that the weekend are off limits but in crypto trading the market is always open and I think this is one of the disadvantages of trading crypto because if traders are conscious of the fact that they can trade anytime it is going to make them overtrade, this is the reason why a lot of traders lose in the weekends, that's not really perfect for trading due to some reasons.

[Powerjumboo]

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.

Every day of the week is important for trading. For those who can trade, those who are experienced in trading and know the trading strategies, every day is equal, no day is special for them. I am not really that kind of trader. I sometimes enter the trading platform but there to learn about trading. But all in all, for me, trading is like gambling, just like you, I also think so because here I have to trade completely with guesswork and depend on luck, which is why trading seems like gambling to me.

[Zigabel]

Trading is not something one can pick day for, in order for them to be successful because trading can change at any given time or day, due to its volatility.
 People are to remain focus and upright by adapting to the changing of the market, which can be of support to their achievements. Also, by getting an understanding of trading will give them ideas on how they can hold still and keep achieving their goals.

I agree with this point of view, Trading is not something we should give or attach a particular day of the week to as a way of linking success to it. But in this context I am also looking at a fact which I think may have made OP bring about this conversation, if you are a consistent trader, you are going to observe patterns on the charts and this patterns informs some of your trade decisions and so one of the patterns you will be observing, you are going to link with days of the weeks and from there you can deduce a pattern in the frequency of an occurrence and then you may conclude that a certain thing happens too often within a certain time frame, day or wee of the month, that doesn't mean it doesn't happen other times but the frequency has been observed within a time frame and so you may now want to record that you see success often with a particular pattern around certain time frame frequently, this doesn't mean success cannot and will not be recored other times but you have noticed a pattern and that is then narrowed to these days of the week we speak about.

[summonerrk]

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 managed to find infographics that:
Monday is a day of volatility)

Moreover, it looks pretty obvious - cryptans, full of energy and enthusiasm, break into the market after the weekend and provide growth, but then by the end of the day, as a rule, the price rolls back, as if the sea wave goes back into the ocean)
Tuesdays are hectic, full of small fluctuations, and sometimes without a strictly directional trend:

Nothing noticeable could be found about Wednesdays and Thursdays and Saturdays, apparently these are meaningful days, without fuss)
Friday is a day of volatility:

There's something funny about this - before a chilly weekend with beer, cryptans give all their strength to deal decisions.

Sunday:
Fluctuations are often significant by the end of the day, apparently cryptans begin to revive and warm up before the new week.:

[liasbaa]

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.

Every day of the week is important for trading. For those who can trade, those who are experienced in trading and know the trading strategies, every day is equal, no day is special for them. I am not really that kind of trader. I sometimes enter the trading platform but there to learn about trading. But all in all, for me, trading is like gambling, just like you, I also think so because here I have to trade completely with guesswork and depend on luck, which is why trading seems like gambling to me.

Traders who have been ruined by the poison of trading once will not want to return to this platform again. As you said, trading seems like gambling to you, yes I agree with you that trading is equivalent to gambling for most traders. An experienced trader cannot sleep with his capital for sure. They always have the fear of losing money. One important thing in trading is to invest money in the hope of getting high profits in a short time. Such mental decisions create a greedy attitude for traders and they are on the list of losers.

Trading skills can reduce your losses to a great extent but do not guarantee you to get sure profits. To be profitable, you have to be skilled and lucky as well.

[|MINER|]

In my personal opinion I don't think so that any particular day does matter in trading in a week. Rather I will say that if you have proper analysis skill like the fundamental analysis skill and the technical analysis skill and also money management skill etc then I think you could be able to make good trade based on your analysis in every day of week.
But yes I have hear that on the weekend the risk is increases as in the weekend the trader amounts got much higher. And that is why in the market  competition was also hard.

[ASloveapg]

I do not think that trading should be considered in the context of separate trading days. I notice that Mondays are often unpredictable, so I try either to trade less on Mondays or not to rush into opening new deals. But in general I do not have any special days when I am more or less lucky, everything happens differently. I evaluate trading results not by separate days but try to divide them by months or quarters, in different ways.

You are right, it is unreasonable to rely on luck based on a single day in trading. The market fluctuates constantly and none of us know when the market will fall or rise. It is very difficult to predict the fluctuations of the Bitcoin market. And in the case of trading, you have to make very careful decisions, especially by observing the market very well. Because a small mistake can cause you big financial losses, while a small right decision can lead to big profits. So it is not reasonable to rely only on the day without observing the market. Besides, the success of trading depends on proper planning, analytical skills, risk tolerance and discipline.

[L E G E N D A R Y]

Trading is not something one can pick day for, in order for them to be successful because trading can change at any given time or day, due to its volatility.
 People are to remain focus and upright by adapting to the changing of the market, which can be of support to their achievements. Also, by getting an understanding of trading will give them ideas on how they can hold still and keep achieving their goals.

Any day that one wins or profit should be their luck day, as you have said, due to its volatility nature has makes it harder for one to predict how the market will go and you are right about, because if trading is that easy and predictable, everyday would have been a lucky day for people always. But despite its volatility and the risks involved, traders should do the needful by taking the necessary steps to ensure that they are doing the right thing to help them in making the funds.

[GiftedMAN]

In my personal opinion I don't think so that any particular day does matter in trading in a week. Rather I will say that if you have proper analysis skill like the fundamental analysis skill and the technical analysis skill and also money management skill etc then I think you could be able to make good trade based on your analysis in every day of week.
But yes I have hear that on the weekend the risk is increases as in the weekend the trader amounts got much higher. And that is why in the market  competition was also hard.

As far as they are adhering to the rules of trading, the chances of loss will be lesser, as they will know how to tackle any challenges that comes with it, because of the knowledge they have acquired through studying and learning more about trading and also how to manage risks while trading, as it will help them to know the right tools to use, in order to have a successful trade.

[|MINER|]

As far as they are adhering to the rules of trading, the chances of loss will be lesser, as they will know how to tackle any challenges that comes with it, because of the knowledge they have acquired through studying and learning more about trading and also how to manage risks while trading, as it will help them to know the right tools to use, in order to have a successful trade.

You are absolutely right, the main thing behind the success of trading is the rules and ethical issues here which help a trader to keep on the right track.
If I explain a little more, then trading does not mean that it will always bring us profit, in the case of trading, it is normal to face losses sometimes, and in this case, professional traders can recover those losses later by following the trading rules. But those who trade only based on hype without following anything end up with losses, while when they try to recover, the amount of losses increases even more.

[ReelsFan156]

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.

For me these are usually workdays/workweek, Monday through Friday. It helps me maintain a routine and keep myself in good shape. For me, it's like any other job - a responsible occupation. BTC

[Charles-Tim]

As far as they are adhering to the rules of trading, the chances of loss will be lesser, as they will know how to tackle any challenges that comes with it, because of the knowledge they have acquired through studying and learning more about trading and also how to manage risks while trading, as it will help them to know the right tools to use, in order to have a successful trade.

Yes, but trading is not as easy as this. You will see someone adhering to the rules but he will make money within days and become overconfident. This can make him increase his leverage or be using higher amount of money to trade. If a trader can overcome this and not fall into the winning trap, he has become a good trader but this is how some traders are losing.

The mistake some trader did is not that they are not good, but they are trading highly volatile coins. Some of them will use leverage with a coin that does not need leverage. It all started from the coin having low trading volume and boring movement to increase in trading volume and high price increase within some minutes to few hours.