Post
Topic
Board Trading Discussion
Re: I am not lucky in trading - what am I doing wrong?
by
posi
on 07/12/2019, 15:03:56 UTC
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.

Thank you

But if we just rely on luck no matter how much we already earned. We will get rekt at the end because we will trust that we will always win every trade without measuring the risk. Having a risk management skills and basic technical analysis skill is needed to survive in cryptocurrency trading

Technical analysis is always important in trading and it will help us to stay positive in the market. Every time it is not possible in the market to make profit continuously because the market situation cannot be the same and sometimes we have to take risk otherwise it is impossible for us to make profits.

Yes, every investment have it own risk involving but technical analysis is just for making prediction and it doesn't mean the result ones get from the analysis is the trend the market will posed cause a single from the whales could destroy everything. However, i think what the OP need now is to accumulate more coins now cause next year market is always the best season to trade crypto.