Luck and personal expectations in trading

[Adegbe12]

Your expectations in trading. How to make profit. In any trades your invest with your capital your next thinking is how to make profit from the trade you invested.

 

[Heatman]

Some peoples depend on luck or their personal expectations in trading without studying
the coins or making any research what do you think of this ?

It is only a fool that is going to depend on lock when it comes to trading on cryptocurrency because it will definitely feel you and you will always lose your money that you invested into trading.

 

[Bigron]

Some peoples depend on luck or their personal expectations in trading without studying
the coins or making any research what do you think of this ?

This is a very bad practice because it is highly probable that you will lose money. Luck can only take you so far, and most of the time it eludes everyone regularly. So it is better to learn about trading in order to take calculated risks

 

[Good-Person]

This is a very bad practice because it is highly probable that you will lose money. Luck can only take you so far, and most of the time it eludes everyone regularly. So it is better to learn about trading in order to take calculated risks

I think that luck could play a role when it comes to investing or trading in cryptocurrencies. However, a person must not entirely depend on luck alone as this could lead to losses.

 

[Bigron]

I think that luck could play a role when it comes to investing or trading in cryptocurrencies. However, a person must not entirely depend on luck alone as this could lead to losses.

The crypto trader must focus more on understanding the intricacies when it comes to trading. That will help the trader a lot more than relying on lucky predictions and guesses, otherwise their losses will be massive

 

[Laurentta]

That is a very foolish thing to do. Investing in or trading crypto currencies is not something on should do based on luck and personal expectations as it is not gambling. One should do a proper research about crypto currencies before venturing into it.

 

[Skysaint]

Luck could be a thing but you must make sure not to consider it while making your trading decisions. You may have planned for a fifty percent profit and luck would make it a hundred percent profit or more.

 

[Joseph555]

Trading is beyond personal expectation because that could lead you into greed if you have high expectation. Therefore it will result into loss if your personal expectation can't be controlled. You need to follow the rules of the game.

 

[nana kwasi]

There is no such thing as luck in business; what you put into a firm is what you get out of it, because if you don't do what you should be doing, you can't hope to get lucky and make large profits. Therefore, having knowledge and putting up a lot of effort with a sound plan are essential in business.

 

[GoldenLady]

There can be luck in trading but it is not a long term strategy. Infact, it may not work more than twice for you. Fundamentals and other market movers cam change fast, and you cam loose large sums of money if you simply rely on luck.

 

[tyrim88]

Though the issue of trading in cryptocurency is actually based on some factors,such price fluctuations,big whale investor and news about government policies in some countries.

 

[frederick_9]

Trading can be challenging at times, but you can overcome it by drawing on your work/business experience.
Search inside yourself, analyze your losers, and look for patterns while trading.
By focusing on yourself rather than the outside world, you can improve your trading.

 

[Sincerem]

The market will not always obey you no matter how you may try to do when you do not study the market before entering a trade. Learning is the only way out because that gives you confidence on when to hold on and when to exit.

 

[Ronny_4son]

Some peoples depend on luck or their personal expectations in trading without studying
the coins or making any research what do you think of this ?

To base your trading strategy mainly on luck is erroneous, and farcical, in my opinion. It is essential that a trader truly analyzes the market before deciding to engage in this venture.

 

[Smiles20]

I can tell you for sure that you are going to need a very good amount of luck in order to be successful but then that is not all. You need a lot of education to take decisions as luck is only going to make it easier.

 

[Skysaint]

Luck really shouldn't be the basis of anyone's trading career or they would really regret it. You could get lucky to earn more than you have expected but you should do your detailed analysis first.

 

[Good-Person]

Luck really shouldn't be the basis of anyone's trading career or they would really regret it. You could get lucky to earn more than you have expected but you should do your detailed analysis first.

A wise trader never relies on luck, but I think that luck is a kind of factor that is not under our control at all. So, this is why a person must try to focus on developing strategies that would prove to be profitable.

 

[Yaqoob Habib]

Some peoples depend on luck or their personal expectations in trading without studying
the coins or making any research what do you think of this ?

according to my point of view Luck is not depending on trading. if you have not any experience about trading how is possible to earn something.

 

[Imran_Noori]

Some peoples depend on luck or their personal expectations in trading without studying
the coins or making any research what do you think of this ?

I think it is wrong because trading crypto does not depend on luck, you should learn trading and have a complete knowledge about fundamental analysis and technical analysis.

 

[Emmy]

You are actually right. Some people depend on luck to making profit on their investment in crypto currency, and this is because they see it as gambling since its nature is volatile. While some people depend on personal expectation to making profit on their investment in crypto currency because they have trust in it and see it as legit.