Making Money From Stock is Talent or Luck?

A randomly successful trade is likely attributed to luck. However, if you make a substantial profit from it, you may begin to overestimate your abilities, believing you can always make money in the stock market, ultimately leading to losses. ---------------------------- Do you think making money from stock trading is talent or luck?

avatarrig
2024-02-10
avatarbohobird
2024-02-09
avatarmster
2024-02-09
$Tiger Brokers(TIGR)$  With limited skills, one would require a great deal of luck, whereas someone with more skills would be more likely to appreciate luck if it happens to come their way.
avatarming88
2024-02-09
Listen up $Tiger Brokers(TIGR)$, Investing, particularly over extended durations, is predominantly an exercise in skill rather than chance. Despite this, the prevailing perception in both popular sentiment and financial media often leans towards luck overshadowing skill, given the intricacies and volatility inherent in short-term feedback loops. In recent years, an influx of new participants in financial markets, enticed by the allure of "effortless gains" and "swift returns," has become conspicuous. The confluence of luck and skill in investing is undeniable, yet during prosperous periods, the prevailing narrative tends to attribute success solely to one's acumen. How can we systematically assess whether investment returns are rooted more in
avatarnomadic_m
2024-02-08
making money from trading doesn't require much talent - auto invest in a low cost ETF that's proven to provide good returns. but if one put in extra effort to read & research, perhaps could earn even more first large loss is not the end of the world. learn from mistake & do better the next time. if large losses is repeated everytime, then make money by auto invest in a low cost ETF that's proven to provide good returns if one still make large losses while auto investing in a low cost ETF that's proven to provide good returns, then he  should wash himself with pomelo leaves bath to wash away the sui!
avatarpucuk
2024-02-08
oooooooooooooooooooooo
avatarBonta
2024-02-08
There are those who treat stock markets like gambling.  Those who punted during the meme stock saga and who were successful, is due to dumb luck. High leverage was used to get the crazy returns. During that period, it is perceived that stock markets are easy money.  For every successful Wall Street bets, hundreds to thousands lost their money and they didn't dare to voice out. The name that was used Wall Street bets is telling on their mind sets.  Their "success" is unlikely to be replicated. They were lucky to enter at right time and exit at right time.  Another recent craze is on crypto. So many people got burned and they do not realised that it's a greater fool game. Those who are knee deep in crap, needs people to buy from them so that they allan exit. [Facepal
avatarDiAngel
2024-02-08
I would say making money from trading is based on skill, luck and time. Skill & time:make an effort to understand the basic of trading. Thereafter, spending time to understand the chart. Uptrend, downtrend, sideway etc etc. Using market depth to assist in buying or selling mode. Luck:have HNW friends who have invested more than SGD 1 million in SG markets, Thailand, HK & China. Self managed SG market whereas the rest (Thailand, HK & China) are managed by Fund House. Their stake are very high whereas I slowly accumulate SG counters under their advice.Theirs minimum is 50,000 shares per SG counter or each transaction is SGD 50,000.Otherwise, it is not worth their time to monitor or dividend. [Surprised][Facepalm][OMG][Observation]. After awhile, under their influence, my minimu
avatarBoBTrader
2024-02-08
$Tiger Brokers(TIGR)$ Dragon Tiger Year!🚀
avatarMHh
2024-02-08
Making money requires both skill and luck. Major events that can move the market is beyond prediction and so is dependent on luck! @Universe宇宙 @Kaixiang @Success88 @HelenJanet @rL @SR050321 @SPOT_ON @Fenger1188 @DiAngel @AliceSam come join
avatarS.Twins
2024-02-08
avatarVadivel
2024-02-08
Luck$$$[ShakeHands] [ShakeHands] [ShakeHands]  
avatarTheStrategist
2024-02-08
Talent and sometimes with a little luck too 😄😄😄
avatarhighhand
2024-02-08
it's not luck. it's learning how to enter a trade, and discipline to follow the trading rules to do it consistently for income. luck will only let you win a few times....
avatarpcwSg
2024-02-08
success is making the decision to accept the risk, for a potential reward. [USD] [USD] the result is not controllable by any individual, but as a whole of all factors and parties in play. [Eye] [Eye]
avatarKaratechop
2024-02-08
Making money from stock requires research, time, effort, and sometimes quick decisions and, of course, luck.
OK👌
avatarTiger_comments
2024-02-08

Making money from stock trading is talent or luck?

Reward and punishment, right and wrong, are two completely different sets of concepts. However, people often easily confuse them, mistaking reward for correctness and punishment for error.What is a mistaken reward?It means you've done something wrong, yet received a significant reward. This can lead to overestimating your abilities.For example, Tom made a lot of money in a meme stock like $AMC Entertainment(AMC)$.He might draw lessons from this successful experience and believe that meme stocks can bring huge profits. It's easy to see that most of his speculative trades are likely to result in losses. $Tiger Brokers(TIGR)$ Does making money necessarily mean you have a talent for stock trading? Or is it alw
Making money from stock trading is talent or luck?
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