Re: Failure is never final

...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.

For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.

Trading is more complicated than we can ever imagine and that's one of the reasons why when you analysed the market, and take a trade, you can still lose money whether you analysis is correct or not. The price of Bitcoin can choose to go up or down without you having the full understanding why price is going down or up. Sometimes, the fundamental analysis do give us clear reason for the price of Bitcoin going in the direction we are seeing it.
People that are very good at using fundamental can be very fortunate entering the market in using a strict medium to predict the price of Bitcoin.

Trading carries more complexity than many people expect even when analysis appears correct the result can still be a loss markets are influenced by countless factors at the same time and no one can predict all of them bitcoin shows this clearly sudden moves happen without warning and price can rise or fall in ways that seem disconnected from the chart or the newsTechnical analysis helps provide structure and probabilities while fundamental analysis sometimes gives context behind a move but neither one offers certainty at best they increase the odds of being on the right side of a trade people who have mastered fundamentals can sometimes enter at good moments especially when major adoption news or regulatory shifts change the overall market mood still even the strongest signals can fail when sentiment shifts unexpectedly.

For this reason the focus in trading often shifts from trying to be right every time to managing risk and protecting capital risk management means setting stop losses knowing position sizes and never risking more than a portfolio can handle discipline and patience often separate long term survivors from those who burn out quickly. Psychology plays a big role as well fear greed and impatience can lead to mistakes even when analysis is sound successful traders learn to accept losses as part of the process rather than chasing every move or trying to win on every trade consistency and control matter more than being correct on every prediction.