How to differentiate luck from skill in trades
Dec 07, 2013 at 09:13
622 개의 뷰
2 Replies
Dec 07, 2013 at 09:13
Guys how can we differentiate between luck from skill?
My friend said its the consistency.more trades is meant we can see whether
Its pure luck or skill.
So the question is that what my demo account can be considered as?
Is it a luck or is it a skill?
If you say its luck,i have won quite some trades consistenly.
If you say its skill,i have buste my accounts many times.
My friend said its the consistency.more trades is meant we can see whether
Its pure luck or skill.
So the question is that what my demo account can be considered as?
Is it a luck or is it a skill?
If you say its luck,i have won quite some trades consistenly.
If you say its skill,i have buste my accounts many times.
Nov 23, 2013 부터 멤버
게시물24
Dec 07, 2013 at 14:54
Unfortunately it's hard to say either way when trading on a demo account. Demo don't have any of the factors that effect a real account.
The best way to tell 'skill' as you call it is to look at a number of factors, consistent profits with low drawdown (under 5%, 10% max) will show a good trader.
The best way to tell 'skill' as you call it is to look at a number of factors, consistent profits with low drawdown (under 5%, 10% max) will show a good trader.
If you don't have time to trade, let us do it for you!
Dec 10, 2013 at 11:26
CasholeLTD posted:For sure I agree, but I think some demo contests can give you some inkling - even some simulated real-world experience - about the factors influencing successful (or otherwise) real account trading. Contests here at myfxbook, for example, and also forexrazor (which seem focused on drawdown, some would say obsessively so).
Unfortunately it's hard to say either way when trading on a demo account. Demo don't have any of the factors that effect a real account.
Luck v. Skill - I think you can lose more of your money through lack of skill, but I also think you make real money on trading when you trade (successfully) at dollar volume.
https://www.flickr.com/photos/111134236@N06/11305271746/
I Think, Therefore I'm Guessing
*상업적 사용 및 스팸은 허용되지 않으며 계정이 해지될 수 있습니다.
팁: 이미지/유튜브 URL을 게시하면 게시물에 자동으로 삽입됩니다!
팁: @기호를 입력하여 이 토론에 참여하는 사용자 이름을 자동으로 완성합니다.
