Glossary › luck

Trading glossary · psychology

luck

Good or bad results that come from chance, not from how well you played.

The fuller meaning

The random part of trading outcomes. Over a few trades luck dominates, so single results say little about skill; tiny samples can show extreme win rates by luck, which is why lessons judge process over many trades and treat profit over ten rounds as mostly luck.

luck.

Related words

anchoring · boredom trading · chasing · cognitive bias · confirmation bias · consistency · cool-down rule · discipline · disposition effect · emotion