Day Traders and “Luck”: What’s the Relationship?

Let’s talk about relationships! In this case, the relationship existing between day traders and “luck”. The outside world oftentimes has a misinformed understanding of how day traders and the stock market as a whole operate in relation to the idea of randomness/luck. This is fair on their part. As someone that has zero experience (or is just getting started) within the world of trading, lots of what day traders do can appear as gambling and relying solely on luck. There is absolutely some truth to this; however, it’s not as nearly as simplistic as what some believe. There is no doubt about it that we as day traders need “luck” on our side if we are going to have long term success. What does this… actually… mean though? How should you view this relationship as someone who is looking to find overall success as a day trader? I will talk about that, and more, in this video. Let’s get to it!