Luck plays a significant role in short-term trading, influencing market volatility, trade timing, and avoiding losses. However, its impact diminishes over the long term as probability, skill, and risk management take over. Focus on developing a solid strategy, managing risk, and continuous improvement to achieve success in trading.
Is it better to know more or less in stock investing?
Beginner's luck is often seen in various chance-based activities.
Some attribute this to beginners being more cautious due to their lack of information, while others believe luck is only about chance and probability.
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