Afterpiece
Member Since May 13, 2022
34 posts
Dec 14 2022 at 10:57
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
Ytilaer J Law
(SewCoin)
Member Since Dec 01, 2022
15 posts
Dec 14 2022 at 22:04
Well Said
Five Hundred A Day, Will Take The Pain Away,
Let's take a small example, two drivers will go to one destination, one driver is ready to go without any preparation and relying upon luck, he no checks the brake, machine, or driver's license,.while another driver before to go already prepared all things, check the machine, brake and or driver license. The risk will be higher for drivers that go without preparation, maybe on the bumpy roads or there are police.
Luck may work in your real life but in trading, no trader is lucky enough. Fortune in the forex market is made only on the basis of your hard work, knowledge, and expertise. if you want to get lucky in the forex market then start working hard on upgrading your knowledge and skills.
Tr_Sheenu014
Member Since Dec 13, 2022
20 posts
Dec 15 2022 at 11:38
Salsitude posted:Exactly! To trade successfully in forex, a daily analysis of the market is necessary.
Luck may work in your real life but in trading, no trader is lucky enough. Fortune in the forex market is made only on the basis of your hard work, knowledge, and expertise. if you want to get lucky in the forex market then start working hard on upgrading your knowledge and skills.
Commonition
Member Since Mar 17, 2022
47 posts
Dec 16 2022 at 06:26
Rococo_XVII posted:Agreed. Only delusional people like to trust in luck. It’s either hard work or no money. Forex is technical, there’s no space for luck.trickexist1 posted:
Luck is so important. There are scammers and bad strategies online and it is only luck that they are avoided and a good strategy found. If you have a good strategy then luck is less important
I would say if you have bad strategy (for me is equal no strategy) then even luck will not help you. 😄😄
Afterpiece posted:mismanagement can certainly lead to a crisis! I agree that hard work and constantly updating your knowledge is the best way to move ahead in the market.
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
Afterpiece posted:I also believe that luck plays no role in trading. You can only reach the path of success when you work hard and maintain discipline. Those who rely on luck are simple gambling which can never be profitable in the long run.
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
Rococo_XVII
Member Since Mar 31, 2021
130 posts
Dec 23 2022 at 15:17
Commonition posted:Rococo_XVII posted:Agreed. Only delusional people like to trust in luck. It’s either hard work or no money. Forex is technical, there’s no space for luck.trickexist1 posted:
Luck is so important. There are scammers and bad strategies online and it is only luck that they are avoided and a good strategy found. If you have a good strategy then luck is less important
I would say if you have bad strategy (for me is equal no strategy) then even luck will not help you. 😄😄
You know, luck may help you once. But not in the future. Without knowledge and skills, luck is nothing.
Think thrice before opening an order
binarysumo22
Member Since Nov 29, 2022
40 posts
Jan 02 at 09:29
Nope! Luck plays no role in forex trading because it is a skill-based activity that requires knowledge, discipline, and strategy. Forex traders make decisions based on market analysis and their understanding of market conditions, rather than relying on chance.
Tradelist45
Member Since Jun 26, 2020
308 posts
Jan 03 at 10:40
luck is very important if there no regular level of practice . so we have to focus on there first of all , otherwise trading can be useless.
Freddy Taylor
(Freddy4Taylor)
Member Since Aug 04, 2021
35 posts
Jan 20 at 06:22
Luck can help you open a good deal, and experience can help you close it on time.
No job too big. No job too small.
Nickalus_16
Member Since Jan 13, 2023
16 posts
Jan 20 at 11:05
In my opinion daily market analysis, practice, and consistency are more important.
Nickalus_16 posted:Yes these are more imp than luck.
In my opinion daily market analysis, practice, and consistency are more important.
Nickalus_16 posted:can not agree more with you :)
In my opinion daily market analysis, practice, and consistency are more important.
Trade what you see not what you think
Luck is important
But Luck is like hope,
There was a famous saying on the Liffe trading floor,
There were two hopes---Bob and no hope. And Bob had just left town.
But Luck is like hope,
There was a famous saying on the Liffe trading floor,
There were two hopes---Bob and no hope. And Bob had just left town.
Not Specified
Sometimes it seems to me that only the luckiest people are successful traders.
Make money with people who know how to make money.
Trust me Eric,
LUCK is not welcome in trading. as i mentioned above.
I wont waffle, you must stand back and look at the big picture, without a proven strategy----plan
YOU are just gambling nothing more and nothing less.
(you will blow up )
LUCK is not welcome in trading. as i mentioned above.
I wont waffle, you must stand back and look at the big picture, without a proven strategy----plan
YOU are just gambling nothing more and nothing less.
(you will blow up )
Not Specified
Luck is needed but not the case, trading is based on knowledge and skill, and luck has a small portion to get consistent results. It will differ from trading blindly compared to trading-based system trading. Blind trading often loss but not if we can discipline