Quote from: jaberwock on November 07, 2024, 06:06:42 PM

Quote from: arwin100 on November 04, 2024, 10:17:10 AM

Quote from: GreatArkansas on November 04, 2024, 01:57:19 AM

Of course, it is a superstition plus luck.
I have some friends who bet for the first time and won huge during their beginner's betting, that's why we called it "beginner's luck" but still it will not apply to all. Luck is still your friend here even you are beginner or not.

That's why I don't believe on such superstition since see so many times newbie lose their money on their trades. Those immediate gain by other newbie is just part of their luck and this will not occur to other people.

Maybe they just buy that belief since some people want to attract new player and maybe take advantage of something they can get from those newbies. To lucky for your friend to win huge but what I really think those words said by people is just an expression for the winnings gotten by newbie people they know.

As a newbie, losing money is only normal because they lack in skills yet but they only trade for experience to build their skills. And even for an experienced trader, losing is still there if all didn't go well. As long as there is no harm in superstition, then why not believe on them? Not all newbies are jumping in the water immediately but some do also make a research, so it is not only pure luck that made them earn their first few profits.

There is no way to tell if when luck will happen but one thing is for sure, and that is all of us must have our own kind of luck. I'm not saying that we will also proceed and copy those who only got lucky but of course, it is always better doing it in a skilful way.

You should really be realizing this thing in the first place on which you should make yourself that expect that loses is something that inevitable or something that really could happen. Come to think that even professionals do really loses up money but the difference into those people who do just simply start up that these pro's does have that idea into the things that they've been dealing into.
There are reall those moments that it will really be that giving out that bad feeling on which it causes up for you to quit up immediately on the time or moment that you do experience losing money. We do have that so called beginners luck on the time that we do start on doing trading on which this isnt really that shocking or something that will really be new. Dont rely on luck because trading is really that talking about skills and knowledge and making those good risks management decisions on which this will really be that mainly differ into a certain individual.

On the moment that you do treat up trading to be some sort of gambling on which not really applying much in terms of strategies and analysis then its not really that different on playing some games on casinos. If you are really that wishing or wanting up to have that long term run with trading or something that you can make it as a source of income then it will really be that better that you should be having that realistic approach at least. Never ever make yourself that rushing on learning up everything because this will really be that pertaining about long term approach and tons of practice and learnings you would really be able to get along the way. It will really be that just better that you do make out some adjustments accordingly on the moment you do experience or acquire something in talks about experience and knowledge.