Quote from: EXtremeAEX on July 29, 2018, 12:14:40 AM

Of course, daily trading requires skill first. Without the skill, you can not calculate the basic things: the entry and exit point, and this is the most important in daily trading, to choose the right entry and exit point. Without the skills it will be impossible to correctly assess the situation on the market, and this can lead to the fact that you will enter the position on the bad news and the price of the coin will start to fall precipitously.
Luck is great, but skill will always be the most important.

Yes, the skill is also the patience to hold on when you know you're right but it just isn't moving that way. And the humbleness to admit your wrong and get out before it all caves in on you.

The degree of luck involved can be on your side. By controlling your risk properly, you can make sure that you are not putting too much money down on something. Then you can make sure that the potential win would bring you much more than the potential loss. So you can continue making losses, but they aren't losses that will kill you.