Ok I'll try to give mine answer!
Let's compare trading to car driving, they are pretty similar you can control your car (your trade) but you can not control other cars (market), let's say that your worst scenario is death in a car accident (blowing your account) and your goal is to get home safe (get your 1% every day).
You have many different possibilities:
You can study the probabilities to have a mortal car accident, or to have a normal accident with just some scratches (study the market), you'll see that most of the mortal accident happens on the highways where everybody goes faster (lower timeframes), or you can drive in your town, avoiding freeways and highways, (daily weekly) you still have probabilities to have a crash, but not so dangerous.
With higways (lower frames) you get home faster (you reach your goal faster) but you have more probabilities to have a severe crash.
Now you can decide do you trade on higher or lower time frames?
If you just got your driving license you should avoid higways (are you a newbie? stay away from lower time frame).
If you are a newbie and you drive at 300mph and you crash, you can't say i'm unlucky.
So you start to drive in your town, you still have some accident but you were going slow, so you had time to see what your mistake was, maybe you were driving a longer car then the one you had before, if while parking you scratch your car, you don't say you have been unlucky, but you memorize that experience so next time you'll pay more attention. If you go 300mph too many things can happen all in a second you can't say you have been unlucky.
Another scenario could be that someone bump into your car (can't control market), but you have planned well your trip and you weren't on a higway so the damage is not so bad, you haven't been lucky, you know that in a city street people don't go too fast.
I think you look at trading from a wrong point of view (just as most of the people), you look to the earnings, while professional look at their losses, if you control your losses you'll never feel lucky/unlucky. And don't get offended maybe you are a great trader, i'm not saing you are a bad trader!!!
If you buy a Hummer and you use it just in your town and you just go at 20mph what is your possibilities to have a mortal crash? yes, you still have some, but i think most of the people would drive safely at home everyday, so some unlucky guy exist but that's the exception not the rule....
See? I have controlled my losses, obviously if a meteroite crashes on my Hammer....
In conclusion:
Trading is a paradox so I agree with you that having profits has something to do with luck, but I disagree when you say it's just luck.
If you study your market (higway), if you contrl your trade and don't place a 10% risk trade, but you place just a 0.5% risk trade (buy a safe car with 30 airbags made of titan), and you don't get into a trade just one minute before an important news (you go slow, and you don't drive while the weather channel said a hurricane is coming), you'll have a big probability to drive home safe.
Now take your conclusion....
PS
Just saw some one else made my car example!!
Sorry for my english
Let's compare trading to car driving, they are pretty similar you can control your car (your trade) but you can not control other cars (market), let's say that your worst scenario is death in a car accident (blowing your account) and your goal is to get home safe (get your 1% every day).
You have many different possibilities:
You can study the probabilities to have a mortal car accident, or to have a normal accident with just some scratches (study the market), you'll see that most of the mortal accident happens on the highways where everybody goes faster (lower timeframes), or you can drive in your town, avoiding freeways and highways, (daily weekly) you still have probabilities to have a crash, but not so dangerous.
With higways (lower frames) you get home faster (you reach your goal faster) but you have more probabilities to have a severe crash.
Now you can decide do you trade on higher or lower time frames?
If you just got your driving license you should avoid higways (are you a newbie? stay away from lower time frame).
If you are a newbie and you drive at 300mph and you crash, you can't say i'm unlucky.
So you start to drive in your town, you still have some accident but you were going slow, so you had time to see what your mistake was, maybe you were driving a longer car then the one you had before, if while parking you scratch your car, you don't say you have been unlucky, but you memorize that experience so next time you'll pay more attention. If you go 300mph too many things can happen all in a second you can't say you have been unlucky.
Another scenario could be that someone bump into your car (can't control market), but you have planned well your trip and you weren't on a higway so the damage is not so bad, you haven't been lucky, you know that in a city street people don't go too fast.
I think you look at trading from a wrong point of view (just as most of the people), you look to the earnings, while professional look at their losses, if you control your losses you'll never feel lucky/unlucky. And don't get offended maybe you are a great trader, i'm not saing you are a bad trader!!!
If you buy a Hummer and you use it just in your town and you just go at 20mph what is your possibilities to have a mortal crash? yes, you still have some, but i think most of the people would drive safely at home everyday, so some unlucky guy exist but that's the exception not the rule....
See? I have controlled my losses, obviously if a meteroite crashes on my Hammer....
In conclusion:
Trading is a paradox so I agree with you that having profits has something to do with luck, but I disagree when you say it's just luck.
If you study your market (higway), if you contrl your trade and don't place a 10% risk trade, but you place just a 0.5% risk trade (buy a safe car with 30 airbags made of titan), and you don't get into a trade just one minute before an important news (you go slow, and you don't drive while the weather channel said a hurricane is coming), you'll have a big probability to drive home safe.
Now take your conclusion....
PS
Just saw some one else made my car example!!
Sorry for my english