# Trading Formula - 30% Market, 30% Psychology

> Trader's framework for success: 30% market knowledge, 30% psychology, 20% people, 10% persistence, 10% luck.
- Title: Trading Formula - 30% Market, 30% Psychology · TradingView
- Summary: Trader's framework for success: 30% market knowledge, 30% psychology, 20% people, 10% persistence, 10% luck. A trader's formula for success combines 30%…
- Keywords: trading, market, psychology, persistence, luck, excavo, bybit, btcusdt, tradingview, business, finance, Formula
- Source: TradingView — https://tradingview.com/chart/BTCUSDT.P/ppwVP5qa-Trading-Formula-30-Market-30-Psychology
- Published: 2026-10-23T11:53:19+00:00
- Read time: 1 min
- Topics: trading, market, psychology, persistence, luck, excavo, bybit, btcusdt, tradingview, business, finance
## Trading Formula Overview
A trader's formula for success combines 30% market knowledge, 30% psychology, 20% people, 10% persistence, and 10% luck.
## 30% Market Knowledge
Understanding liquidity, stop levels, price behavior after breakouts, and market cycles helps traders avoid costly mistakes.
## 30% Psychology
Psychology affects trade execution: doubling positions after wins, moving stops, and closing winners for relief.
## 20% People
Conversations with others challenge assumptions and provide new perspectives on trade setups and risks.
## 10% Persistence
Persistence involves reviewing trades, skipping poor entries, and taking breaks to avoid burnout.
## 10% Luck
Luck can dominate short-term results but requires room for mistakes and unexpected events.
## Real-World Example
Mehmet Coban's 2025 sell signal was ignored due to his expectation of a bull cycle, leading to significant losses.
## Practical Application
Before entering trades, write down scenarios for price movements in favor, against, and no movement.
## Formula Integration
Knowledge builds the plan, psychology executes it, people challenge assumptions, persistence reviews the process, and luck provides room for errors.
## Key Takeaway
Which part has cost you the most money, and what did you change because of it?
## Key takeaway

A trader's formula for success combines 30% market knowledge, 30% psychology, 20% people, 10% persistence, and 10% luck.