Edit Your Comment
How to differentiate luck from skill in trades
Jan 04, 2012 zamanından beri üye
48 iletiler
Dec 07, 2013 at 09:13
Jan 04, 2012 zamanından beri üye
48 iletiler
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 zamanından beri üye
24 iletiler
Dec 07, 2013 at 14:54
Nov 23, 2013 zamanından beri üye
24 iletiler
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!
Nov 20, 2013 zamanından beri üye
7 iletiler
Dec 10, 2013 at 11:26
Nov 20, 2013 zamanından beri üye
7 iletiler
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
*Ticari kullanım ve istenmeyen e-postalara müsamaha gösterilmez ve hesabın feshedilmesine neden olabilir.
İpucu: Bir resim/youtube urlsi yayınlamak, onu otomatik olarak gönderinize gömer!
İpucu: Bu tartışmaya katılan bir kullanıcı adını otomatik olarak tamamlamak için @ işaretini yazın.