🧿 5 Trading Superstitions: Fact-Checking Popular Beliefs on the Market
Trading is about logic, analysis, and calculated risk. But ask even the most experienced trader, and they’ll admit: they’ve looked to the sky before opening a trade, avoided entering on a “bad minute,” or taken a sip from their “lucky” mug.
Why do even rational market participants rely on rituals, magic numbers, and signs of an upcoming loss? And do any of these actually work?
Let’s explore — with examples of popular trading superstitions and what the facts really say.
1. The First Trade Sets the Tone
Belief: If your first trade is profitable, the rest of the day will go well. If it’s a loss — it’s better to stay away from the market.
Reality: This is a classic “emotional anchor.” The first result sets your mood. A win can lead to overconfidence, while a loss may trigger revenge trading. Either way, you break your trading system.
For traders: Your results depend on your consistency, not the first few minutes of the day. On Quotex, all you need is proper risk management and a clear head — not a lucky start.
2. Don’t Trade During Mercury Retrograde
Belief: When Mercury is in retrograde, everything goes wrong — especially finances. Trades lose, signals fail, the platform “lags.”
Reality: Retrograde is an astronomical event, not a mystical curse. It often coincides with volatile news cycles — central bank updates, earnings, geopolitical shifts. It’s not the stars; it’s unplanned exposure to high-impact events.
For traders: If you follow a strategy and use an economic calendar, you’re fine. Mercury doesn’t move the markets — headlines do. Trade facts, not horoscopes.
3. Avoid Numbers Like 3, 6, 9 or 13
Belief: Opening a trade at 13:13, using a 6-minute expiry, or trading around “unlucky” numbers will end in loss.
Reality: Number-based superstitions are cultural. In Japan, 9 is associated with pain. In Western cultures, 13 is “unlucky.” But markets don’t know the time or care about numerology.
For traders: Quotex doesn’t react to numbers — it reacts to your decisions. Losses come from poor entries, not from entering at “bad” timestamps.
4. Lucky Frogs, Coins Under the Keyboard & the “Magic” Coffee Mug
Belief: Many traders keep a Feng Shui frog, a lucky coin, a miniature money tree — or only trade with their “lucky” coffee mug.
Reality: This isn’t magic — it’s ritual. Rituals reduce anxiety and increase confidence by creating a sense of control. That’s helpful, as long as it’s not your only tool.
For traders: Use rituals if they keep you focused — but back them up with real tools like trade journals, charts, and backtesting.
📌 Fun Fact: In 2023, 58% of traders in one English-language trading forum admitted to having a personal “trading ritual,” ranging from a fixed playlist to always sitting in a certain spot.
5. Three Wins in a Row? Time to Stop — Or Else
Belief: After three consecutive wins, a loss is guaranteed. If it’s going “too well,” something bad is coming.
Reality: This is gambler’s fallacy — the belief that randomness must self-correct. But the market doesn’t owe you a loss after a series of wins.
For traders: If you’re trading the trend, following signals, and using sound money management — keep going. Taking breaks is healthy, but fear of “pushing your luck” is irrational. Focus on system, not superstition.
🎯 What Traders Actually Say: Real Beliefs from the Community
Here are common phrases seen in trader chats and forums — including the Quotex community:
| Belief | Commentary |
|---|---|
| “I never trade before 2 PM on Mondays.” | Markets are unstable at the start of the week — lots of false signals. |
| “If I hit +2 trades in the morning, I stop.” | A discipline rule dressed up as superstition — not a bad one. |
| “I don’t enter trades if there’s noise in the room.” | Calm mind = better entries. Psychological, not mystical. |
| “Two losses in a row? I pause for two hours.” | This is smart risk control, not fear. |
| “Never count your profit during a session.” | True — focus on the process, not the outcome, until you’re done. |
💡 Final Thoughts
Trading superstitions aren’t nonsense — they’re psychological responses to stress and uncertainty. Rituals help some traders stay grounded.
But a lucky charm can’t replace analysis. And the number 13 doesn’t decide your stop loss.
👉 On Quotex, every trade is based on facts — not fate.
📈 Use a clear strategy, track your stats, and learn from every result.
And sure — keep the coin under the keyboard, if it helps. Just don’t forget: your success is built on your decisions, not your desk décor.
