As Per the Survey Traders Don't Believe in Luck

Octa, a well-known and regulated broker, conducted a survey known as Lucky Ones. Three nations were included in this survey: Nigeria, Malaysia, and Indonesia. According to Octa's survey, traders from these regions dont believe in luck. The ratio of their beliefs is relatively low. But they also admit that they have trading rituals, traditions, and fortunate signs that impact good or ill fortune in dealing.

In Malaysia, 25% of traders professed to count on luck in all its forms, compared with 20% in Nigeria and only 9% in Indonesia. The research revealed that most traders relate their profits to continuous education, important practical knowledge, and effective strategy. Octas survey showed that half of the participants believe Wednesday and Thursday are the most favorable days for trading.

Traders expressed a high preference for receiving trading indications from the outside. Many have a mentor and participate in a trading group, but others rely on current tools for trading insights.

About Octa

Octa formerly known as OctaFX, a renowned and award-winning online Forex broker established in 2011, has gained recognition for its global presence, with registrations in St. Vincent and the Grenadines under license number 19776 IBC 2011 and regulation by CySEC (372/18). The company has physical offices in Spain, Cyprus, and Malaysia, further solidifying its reputation in the industry. OctaFX offers access to an extensive range of trading instruments, including 35 currency pairs, gold, silver, 3 energy assets, 10 global indices, 30 cryptocurrencies, and 150 stocks.

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