Post
Topic
Board Trading Discussion
Re: Day trade is more a lucky thing or skill
by
swetka
on 30/07/2018, 18:22:03 UTC
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think that day trading is a compilation from 30% of luck and 70% of skill and experience because if you will be relying on that it is called gambling and not a trading process, and another thing about it.
The fact is that anyway a trader should possess not only experience and luck, but also the availability of certain knowledge in order to have good results of his work. but nevertheless, daily trade brings much more profit than trading for a long time. It should be remembered that you have to spend a lot of free time.