Good Luck: Success Requires Timing, Location, and People
In the end, even if you master all the above skills, achieving ultimate success in the market still requires a bit of good luck. Market fluctuations cannot be completely predicted, and many times, successful traders do not always profit solely based on their judgment and analytical abilities; luck is also an important factor.
For example, during significant events or black swan occurrences in the market, lucky traders can take the right actions in a timely manner, while unfortunate traders may incur losses by missing the opportunity. Therefore, although we can reduce risks by improving our trading skills through hard work, in some cases, sudden market changes can become the key to determining the success or failure of a trade.
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