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?

Hmm I'd have to say lucky talents yes the talented lucky are the winners
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 (
avatarBarcode
07-11
$NVDA 20240726 136.0 CALL$ Opened 26 positions ~ multiples of 13 are my luckiest trades 
avatarJustjen
04-11

Guess the winner,Earn Tiger Coins

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An intriguing upcoming IPO is that of Trump Media & Technology Group Corp, merging with SPAC Digital World Acquisition Corp to trade under the ticker DJT on March 26, 2024. This merger, associated with Donald Trump's social media platform Truth Social, could generate speculative interest, particularly as Trump makes another presidential run. The SPAC's value has already seen a significant increase, jumping 400% in anticipation of the merger. Given this backdrop, there's a plausible scenario where Trump's supporters might drive the stock price even higher, potentially beyond rational valuations. A unifying factor among these companies is their cautious or underwhelming forward guidance, leading investors to recalibrate share prices. This trend suggests that the post-earnings declines we
avatarLynnl
03-27
making money from stock is true. example buying suntec trust now, and sell before dividend end day in the end of next month, should be earn money.
Do we investors act like gamblers? Investors are nice names to be called. But I acted more like gambler at some time. I will play big when my gut feel of a particular stock is increasing. But once it goes south, I will tell others that I am a long term investor by holding on. In order to make money in stocks, we must really set ourselves apart if we are long term investors or traders. With this in place, we may have less emotions to sell our loss making stocks easily
avatarkoolgal
02-13

Making Money From Stock Is Talent or Luck?

🌟🌟🌟📮📮📮Talent versus Luck - Which is more important when it comes to investing in the stock market? Talent can be defined as a natural aptitude or skill.  However when it comes to investing it is not easy to have a natural aptitude for investing.  It is more important to develop a skill as something that a person becomes good at through practice and training.  This means spending time to look at the facts about a business, about an industry and thoroughly evaluate the business before deciding whether to buy the stock.  To get really comfortable with reading company reports, profit and loss statements, balance sheet and also checking out the key persons in management whether their interests are aligned with their shareholders.  Talent will come through due diligence
Making Money From Stock Is Talent or Luck?
avatarAqa
02-13
Making money from stock trading is both talent and luck. Does making money necessarily mean i have a talent for stock trading? No, the success is not a sufficient indicator of talent. Neither is it always my fault if a trade results in a loss. Stock markets are imperfect and inefficient. Finding those inefficiencies is very difficult. Even successful hedge fund managers who beat the market in something like 14 of 15 years can suddenly have their fund tanks on a bad investment. Thats why we must do our due diligence before each trade.
talent or luck, I guess you need both to be successful. though luck may run out... so it's important to have talent so that if luck does run out, talent is there to pull you through. I guess often than not, not being patient is the result of losing a trade, of course others like not having risk management, trading too aggressively, not diversifying portfolio can be attributing factors as well. @koolgal @HelenJanet @Shyon @Aqa @rL @GoodLife99
$Tiger Brokers(TIGR)$ My view is it involves a combination of talent and luck. Talent is needed for understanding the market, conducting research, analyzing data, and making informed investment decisions. Skills such as risk management, portfolio diversification, and strategic planning also contribute to success. However, luck is also as important as it can influence short-term outcomes, such as timing the market or encountering unexpected market fluctuations. Nevertheless, a consistent success in the stock market usually relies more on talent like having the knowledge, and disciplined investment strategies rather than just luck alone.
$Tiger Brokers(TIGR)$ nope, once or twice might be considered as luck. However, if you're making a profit on a consistent basis, that does say something about your capability, perseverance, and a tiny bit of luck perhaps [Grin]   
avatarWgey
02-12
$Tiger Brokers(TIGR)$ knowledge is needed for market and luck only can bring you short term gain.
$Tiger Brokers(TIGR)$ Undeniably, stock knowledge and talent help make money.  However, good luck and fortune shower huge prosperity. 🤩
avatarHLPA
02-11
$Tiger Brokers(TIGR)$ Making money is easy indeed, my friends. Just have to be patient in trading stocks with great momentum at every trading session. You must have lots of patience like buying and selling Tesla, TSLA.  Just sit, watch and wait for the price to come down to the day's lows and jump in. Once in, wait like a hawk for the shares to curl up and hit at the price which will give you a handsome profit for the day. Yes, that is how I trafed TSLA almost at every trading opportunities. Go figure, do your due diligence and scalp for profits. You never loose taking profits, my fellow Tiger  traders. Good luck on Monday, the third day of the Lunar New Year when US trading starts from pre-market till post -market hours the next day. C
$Tiger Brokers(TIGR)$  PCT: Lucks Or Skills? v10.0 : PCT = Pandas Coffee Talk. This Old Post May Misleading Newbies To Money Losses. To be safe. Modified Post way below: Some say to become rich. You just need to marry a rich wife. Me RickPANDA? If you can analyse all winners stocks. And all-in in that best one. Then you piggy-back on the superbullet train to the stars. Newbies please read on... Modified Better Post: You everyday beta testing 170Girl Fractional Shares 1.00USD. Also you everyday beta testing 110Girl Fractional ETF 1.00USD. You data crunching all these daily market results into spreadsheets. You sleep many nites whole notes thinking what only one ticker to fly. You subscribe to AI Coach like Investing .Com Pro User to confirm yo
avatarGman69
02-10
$Tiger Brokers(TIGR)$ little bit of both
avatarrig
02-10
avatarrig
02-10