How much luck, and how much skill is involved in trading?
With the odds are around 8/10 people lose money from trading, I am confused on how people can say this is all luck. I am also shocked on how much people lose money on average and how hard it is statistically to beat the odds.
I would like to say it is more skill then luck, but I definitely can't speak from experience.
Sure, you need a little luck. But you cant just start trading and make tons of money without knowing exactly what youre doing. I think its more skill than luck.
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