Quote from: nicole7852 on April 25, 2015, 03:18:33 AM

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

Gamble is just for fun. Once you are luck, you just need to quit. Don't addict at the gamble. You cannot rely on luck to earn money.

This is the reason why they addicting gambling, because of luck . Until they have a luck they wont stop gambing. Even if they lost ? they still gambling until they have enough money to gamb. If they save their money or invest they money will earn profit even if it is small instead of gambling they will lose their money.