Quote from: Amph on April 25, 2015, 07:10:47 AM

Quote from: deisik on April 24, 2015, 02:11:03 PM

Quote from: BTCevo on April 24, 2015, 01:39:44 PM

Quote from: deisik on April 24, 2015, 11:03:14 AM

Quote from: SebastianJu on April 24, 2015, 10:53:26 AM

Quote from: deisik on April 22, 2015, 10:16:53 PM

You may lose 20 times and gain only once but still turn out profitable in the end...

Oo... sounds impressive. Do you refer to luck in this one case or where and how do you trade? I mean you first have to overcome the fees, which is much on certain exchanges, and then you have to overcome the orderbook spread.

Do you have a good exit strategy or something like that?

Luck has almost nothing to do with this. I refer to the old trading wisdom which says that you should cut your losses short and let your profits grow. Indeed, it is easier said than done (psychologically mostly), since most people are prone to keep losing positions for too long and close winning ones a bit too early, but once you get the hang of it, you will see the light...

If you said that you go for gambling then it must be with luck, if you dont even have luck how are you going to gamble? Just purely using skill? I dont think something like that will happen without any luck of it and luck really have a great role in it

You seem to be confusing me with someone else. I never said that trading per se is like gambling, quite the contrary actually. Although, I admitted that there is always risk of an exchange being hacked or just running away with their clients money...

there is luck involved into it anyway, even if you can compare it to poker, the risk of losing is always there, especially if there are others skilled traders(same case with poker, with many reg you can't earn shit), and at that point if you are against people with the same skill as your, it beocme a game of luck...

Don't trust luck it only imaginary concepts of people who won always. You have a great trade if you have a good offer that like of the person who will trade to you. Its all depends on your product, if your products are low standard and quality do you think they will trade to you? of course not, if your product have a good quality and high standard of course they will buy it or they will they trade to you. That is what i am exactly mean.