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What is luck and what is skill?


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What is luck and what is skill?

  #11 (permalink)
 
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 Anagami 
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There's a very amusing and educational anime called The Legendary Gambler Tetsuya. An old gambler teaches a young and inexperienced one how to become good... and the difference between luck and skill. There's lot of interesting illustrative situations. Compulsory to watch for traders, especially if you're not consistently winning yet. (You can find a torrent for it if you look.)








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  #12 (permalink)
 
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 madLyfe 
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Benq View Post
The problem with saying you created your own luck is that, in my mind, it's still cheapening your accomplishments. If you created your own luck through study, hard work, and dedication... thus giving you the opportunity to be "lucky," you deserve more credit than vaguely saying "you created it."

I agree though, it's sort of a deeper thing than just saying "I'm lucky."

what i was getting as was that he put himself in gaming(market)/life positions for good things to happen.. which for most ppl is perceived as luck.. 'i create my own luck' is just a nicer way of saying it.

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

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  #13 (permalink)
Benq
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madLyfe View Post
what i was getting as was that he put himself in gaming(market)/life positions for good things to happen.. which for most ppl is perceived as luck.. 'i create my own luck' is just a nicer way of saying it.

Yeah, you're right for sure. I think we're on the same wavelength, you just managed to say what I was thinking far better than I did.

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 ThatManFromTexas 
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Luck is when preparation meets opportunity...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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 wldman 
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ThatManFromTexas View Post
Luck is when preparation meets opportunity...

too late. TMFT has got that one.

Preparation meets opportunity supported by a commitment to act.

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 ThatManFromTexas 
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wldman View Post
too late. TMFT has got that one.

Preparation meets opportunity supported by a commitment to act.

@wldman

Preparation meets opportunity = Luck

... opportunity supported by a commitment to act = Skill

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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