Quote from: Ricardo11 on November 02, 2024, 12:17:30 PM

Quote from: ndutndut on November 02, 2024, 11:59:33 AM

Quote from: Lightmanalmani on October 08, 2024, 11:30:42 AM

Beginners Luck occurs during the first few days, weeks or months of trading. Beginners are cautious and less greedy initially, they seem to be excited by a few stipend they get.

As I know, in trading luck is not the main factor for beginners or professionals. Because trading is an activity that must be based on skills and knowledge. If as you say beginners can make a profit for a few days or weeks or even months because they already understand the basics of trading and they enter at the right time with market conditions.

So beginners can make a profit not only because of luck but because the strategy and emotions they use are right for those conditions. However, in the next month of trading they experience losses, meaning their strategy is not working well or they cannot control their emotions in trading. So I conclude that beginner's luck at the beginning of trading is not superstition but because the strategy they use happens to be right. Because trading is difficult, it requires skills and strategies. So beginner's luck in trading as a superstition does not exist.

Trading requires skill, experience, and strategy more than luck. Skill and experience in trading is a must, because it is never possible to make money from trading depending on luck. Because in trading, every thing has to be taken care of very well and after researching the market movements, trading has to be done at the right time. And while trading can never be done on emotion, it is very important to control emotions and maintain strategy consistency while trading. We know that without luck it is never possible to get anything good, but in the case of trading, along with luck, there must be skill and proper planning. If we only rely on luck in trading, we will never get something better. It definitely requires skill and experience.

And these things are something that you cant be able to obtain or achieve in a short period of time on which there are ones who are really that able to succeed and there are ones who are really that able to fail.
There's no way that you could be able to achieved such skills on which of course you will really be that becoming a trader or not then its up to someone on how they do deal up with things.

Beginners luck will really be that neither be happening on trading or even on gambling or anything that involved first time because not everyone will really be that all knowing being on which simply means
that you are really that become that curious and will really be trying it out for the sake of that thing but of course there will be those people sticking into it.

There are ones who are really that sustaining into the things that they are really that eager on learning it up and thats why soon they do realize on what are the things that they should gonna do.
Neither they will really be that stopping on doing trades or would sustain out on using strategies and some are believing with superstitions.