When Investing - what matters more, skills or luck？
Today is Friday, so it's time for Tiger Friday game! 🌴🥥We prepare coins and gifts for you to participate in our game. Today, I would like to invite you to discuss what is more important when it comes to investing, skills or luck?
Some people believe that having skills such as knowledge of finance, experience in the market, and the ability to analyze data and trends can certainly increase the chances of making successful investments. These skills can help investors make informed decisions, identify promising investment opportunities, and manage risks effectively.
Other people believe that luck plays an important role in determining investment results, particularly in the short run. Luck is also prominent in business strategy and card games - including blackjack and poker.
In your opinion, what is more important when it comes to investing, skills or luck?
💡How to participate?
It is very easy. Just leave a comment on this post. When Investing - What Matters More Skills or Luck?
📢Activity Details
- 🐯One Tiger with the most liked comment will receive Tiger Gifts. (Invite your friends to like your comments)
- 🐯Ten Tigers with the most impressive comments will receive 100 Tiger coins each.
⏰Duration
- 17 March 2023- 24 March 2023
Tag your friends, join the discussion, and win coins together! $Tiger Brokers(TIGR)$💵💵💵
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
🌟🌟🌟I like to think if my portfolio is up, it is because of my skill in investing. However the reality is Luck plays a key role in investing. I define Luck as Risk or Probability that is inherent in investing.
So since Lady Luck is temperamental, I minimise my risk through diversification with ETFs, and quality stocks and not taking large positions. I also invest in defensive sectors like Consumer Staples and Healthcare.
Most importantly, I believe that patience and a long term horizon is essential to build wealth to achieve my goal of FIRE - Financial Independence Retire Early.
May Lady Luck shine on us always 😍😍😍🍀🍀🍀🌈🌈🌈
@TigerEvents
投资股票大多数人都认为赚钱最重要，我认为投资股票最重要的是不亏钱。没有保证不亏钱的方法。虽然不能绝对保证不亏钱，但是也没有那么难，一般来说，你可以选择买入有价值和潜力的优质股或买便宜并且未来有成长性的股票。这些股票，你可能要经历几年的时间，才有可能战胜这个市场。最重要的是你必须拥有足够的钱，那么就不会因股市大跌时而需要抛售股票。
自从我加入$老虎证券(TIGR)$之后，我就开始关心国家大事，我每天都会阅读与股票相关的资讯。感觉每天都很忙碌。在老虎社区里认识很多很好很棒的朋友们和作者 @Tiger_Academy @koolgal @LMSunshine @SR050321 @HelenJanet @melson @MHh @SirBahamut @Ultrahisham @Success88 @SPOT_ON @Aqa @Mrzorro @rL @Jadenkho @Healthy Tiger @AliceSam @BenjiFuji @GoodLife99 @Universe宇宙 @amroui @Khikho @Omega88 … 为我们写了很多有用的文章给我们阅读。我也从中学到很多投资技巧。
朋友们请加入活动赢虎币或有机会获得老虎礼物❤️愿我亲爱的朋友们天天好心情😄股票大涨[财迷][财迷][财迷]
No matter how skillful or knowledgeable we are if there is "no luck at all" we will not able to win the game! Yet blinds 🦯 playing the game in stock market it's just like commit suicide! [Tongue]
do u agree with me?
@KenChee @rL @Aqa @b1uesky
"Luck is temporary, skill is permanent." or something like that... [Happy]
No one is lucky all the time, but with skill, you might beat the market most of the time!
However, end of day it really boils down to luck. Those who really bought into Tesla in the early days can literally stopped working and make a living by selling covered calls for Tesla.
However to be successful in investing in the long run, the impact of luck is really more important. A lot of people will be tempted to take profit when the stock you are holding is up a lot, like 20%, 50%. But few will be able to stock past the 100% gain.
you need some luck to go your way as well.