Post
Topic
Board Trading Discussion
Re: My luck is very bad for crypto trading
by
deisik
on 03/10/2018, 16:37:03 UTC
You don't need luck to trade.
You need skill to trade.
If you think the reason you lost money is because of your luck, I suggest you build some skill first, then you will understand.

That's the main problem with trading

You in fact need luck since trading as it is for the vast majority of traders, or rather players, is a variety of gambling. It is not about you personally (as you may not even trade at all), it is about statistics. If we look at trading as such without considering crypto specifically, we will see that most traders end up with losses, losing all or significant part of their balance and then quitting in tears and with curses. Crypto was different for the first years, but now it is more and more like any other market where this rule is fully applicable. And statistically, over time the only chance to win for the majority is by chance alone (pardon the pun). But luck doesn't love time (and vice versa), it comes all of a sudden and goes away as suddenly