Quote from: rachael9385 on Today at 04:58:19 PM

Quote from: Rruchi man on August 20, 2025, 05:26:29 PM

Quote from: Man of peace on August 20, 2025, 04:53:03 PM

...because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Trading is more a game of skill than just luck if you like to describe it in the sense of a game. People who master this skill become better over time; their win rates improve with consistency and practice.

If you think of trading as a game of luck, you would never really put in the effort to develop the skill required to be successful in that field.

I agree with you on this point, I also pointed out this exact thing. If trading was based on luck then there would not be any need to run academy's or master classes on how to trade or become better at trading. Trading works with skills and it doesn't require luck to succeed. Traders that hope to get lucky are not professionals. This is actually a gamblers mentality and it attracts losses a lot losses in the long run

There’s always that mix between luck and skill in trading but the weight definitely leans toward skill and discipline luck might give you a good entry once or twice but without proper risk management knowledge of market structure and emotional control you’ll end up giving it all back.

When you look at people who’ve been trading for years and are still consistent that’s not luck keeping them afloat it’s experience strategy and patience they know when to sit out and when to press forward gamblers hope for one big hit but traders build a process that can stand the test of time.

If it was just luck like a lottery there wouldn’t be patterns strategies or backtested systems that keep working across cycles and conditions skill doesn’t guarantee a win every trade but it guarantees survival and growth over the long run and that’s what separates trading from gambling.