Cryptocurrency Q&A Is day trading mostly luck?

Is day trading mostly luck?

Daniele Daniele Wed Dec 18 2024 | 5 answers 1680
I've been hearing a lot about day trading recently and how people make quick profits from it. But I'm wondering, is day trading mostly based on luck or is there some strategy involved? Just how much does skill and knowledge play a part in it? Is day trading mostly luck?

5 answers

Tommaso Tommaso Thu Dec 19 2024
Becoming a successful trader is not solely dependent on luck, as many people might assume.

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noah_stokes_photographer noah_stokes_photographer Thu Dec 19 2024
The key to becoming a successful trader lies in dedication, consistency, and mastery of the trading skills required.

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Carlo Carlo Thu Dec 19 2024
In fact, a trader often faces numerous challenges and hardships before achieving the status of a world-class trader.

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Lucia Lucia Thu Dec 19 2024
The path to success in trading is filled with imaginable miseries and obstacles that must be overcome.

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Daniele Daniele Thu Dec 19 2024
Despite these difficulties, becoming a successful trader as a newcomer is not as daunting as it may seem.

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