Good Luck: Success Requires Timing, Conditions, and People
In the end, even if you master all the skills mentioned above, a bit of good luck is still needed to achieve ultimate success in the market. Market fluctuations are unpredictable, and often, successful traders don't solely profit from their judgment and analytical skills; luck is also a significant factor.
For example, during major events or black swan occurrences in the market, lucky traders can take the right actions in a timely manner, while unlucky traders may suffer losses due to missed opportunities. Therefore, although we can reduce risks by improving our trading skills through effort, in some cases, sudden changes in market conditions can become the key to determining the success or failure of a trade.
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