Trade wins are from discipline or any luck at all?

April 4th, 2010, 04:30 PM

we all agree that we can become a good trader only are based on of our MM, performing consistently, managing entries/exits correctly, be sincere to ourself etc.

Does anyone still think it is out of luck??

I try to think everyday it is never a luck and is like any 9-5 profession where we survive based on our performance, just checking how others feel

April 23rd, 2010, 08:15 PM

emini_Holy_Grail

we all agree that we can become a good trader only are based on of our MM, performing consistently, managing entries/exits correctly, be sincere to ourself etc.

Does anyone still think it is out of luck??

I try to think everyday it is never a luck and is like any 9-5 profession where we survive based on our performance, just checking how others feel

Probabilities && expectancy && money management && determination == tools
luck == when all the rest dont apply

success = tools + luck

April 25th, 2010, 10:23 AM

Trader.Jon

success = tools + luck

Totally agree. Thinking trading is all skill is as absurd as thinking trading is purely random.
A winning strategy will eventually encounter random losing streaks, just like a losing system can "run hot".

Trade wins are from discipline or any luck at all?

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Trade wins are from discipline or any luck at all?