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?

Here’s why we don’t recommend using Cashboost account despite the Tiger community recommendation: Not suitable for inexperienced traders: It is easy to gain profit, but hard to keep profit. Cashboost short-term trading requires a lot of experience to know when to enter and when to exit. Short timeframe requires timing the market Even in terms of buying a dip, the average recovery of a dip nowadays is around 4-5 working days as the market is mostly moving side-way. So you might need to sell before you see a recovery. Very high commission and platform fee deters active buying and selling: After their free commission period, a transaction of $20k worth of stocks amount cost approximately $90-100 fees(buying and selling). As shown, USD36 per single buy/sell. So you need to earn at least $
avatarPluto891
2024-08-09
Books 1. "The Intelligent Investor" by Benjamin Graham 2. "Rich Dad Poor Dad" by Robert T. Kiyosaki 3. “Think and Grow Rich” by Napoleon Hill 4. “One Up On Wall Street” by Peter Lynch 5. "Common Stocks and Uncommon Profits" by Philip Fisher 6. “The Complete Turtle Trader” by Covel, Michael W Have you heard of or read the above books? I did and I read more than that. Understanding the ideas, principles and strategies behind these books may not necessarily means you will be successful in investing. These ideas require you to have certain discipline and skill sets. And more importantly, patience. There is another part of  investment which you need to understand and that is your psychology about money and human nature. Stock Market Crises / Panic since 1995 1. Asian Financial Crisis (
avatarjislandfund
2024-10-14
Hmm I'd have to say lucky talents yes the talented lucky are the winners
avatarBarcode
2024-07-10
$NVDA 20240726 136.0 CALL$ Opened 26 positions ~ multiples of 13 are my luckiest trades 
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