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Luck is important
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semprolfx

Member Since Aug 04, 2011  7 posts semprolfx May 13 at 13:37
when I do with luck here, I am imagine that its something which make me to wish every single minutes, to grab definite end of what may the journey possibly through. while we know the risk about, to keep trading and deal with the risk, is automatically point out the result as a luck. but actually, such expectation, or hope is a form of missing concept of how the probability compromise on our side.

LyudmilLukanov

Member Since Jul 23, 2020  33 posts LyudmilLukanov Aug 28 at 00:25
jordonjamesson posted:
Luck is important - but it shouldn't be something you put your hopes and money on.
you also have to have at least basic understanding how market works
and experience.
Sometimes it looks like luck - but behind that 'luck' is a lot of hours of learning and mistakes.

I agree with you. Trader can not be 100% sure all time. Sometime luck is matter. But depending only on luck you are sure to be doom.

Michihito

Member Since Jul 19, 2020  56 posts Michihito Aug 28 at 04:35
When we talk about opening a trade, luck is not important. You can be lucky 1 time, 2 times or 3 times, but not all the time. To be successful in trading you have to skilled in analisis and mind set. Otherwise you will lose money continuesly.

Suarez

Member Since Jun 01, 2020  32 posts Suarez Aug 28 at 04:48
Michihito posted:
When we talk about opening a trade, luck is not important. You can be lucky 1 time, 2 times or 3 times, but not all the time. To be successful in trading you have to skilled in analisis and mind set. Otherwise you will lose money continuesly.


Exactly. Luck is just temporary. At the end of day, its the skills and experience that matter and determine your performance.

UweMoench

Member Since Jul 19, 2020  57 posts UweMoench Aug 29 at 08:01
Michihito posted:
When we talk about opening a trade, luck is not important. You can be lucky 1 time, 2 times or 3 times, but not all the time. To be successful in trading you have to skilled in analisis and mind set. Otherwise you will lose money continuesly.

Exactly you said it right. A trader has to be skilled and experienced to be successful. Depending on luck is not going to help in trading. You have to spend enough time in learning and researching.

inspirenez

Member Since Jun 15, 2020  14 posts inspirenez Sep 03 at 10:58
Luck can only take you so far. You need brainpower more than anything else in trading. Have clear expectations and trade with a plan.

KenAdams

Member Since Aug 14, 2020  18 posts KenAdams Sep 03 at 11:07
I believe luck plays a limited part in trading if you have a good system which has an edge.

PCubeStrategy

Member Since Feb 28, 2020  17 posts PCube Singapore (PCubeStrategy) Sep 03 at 14:40
In statistic, there is a term that destroy luck.. Law of huge numbers.

AliaDare

Member Since Jul 19, 2020  59 posts AliaDare Sep 04 at 00:37
Trading is not a game of luck. Proper discipline is needed to make a profit in trading. When a new trader joins the Forex market to trade, he needs to gain a lot of knowledge about trading and if he does not leave everything to fate, he will never be profitable from trading. If you don't learn trading first, luck won't work.

Dictiony

Member Since Apr 01, 2020  109 posts Dictiony Sep 04 at 00:52
I think Luck has some part in Forex but we can not totally depend on luck, you should do hard work to become successful in forex trading.

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