Luck is important
Member Since Jun 12, 2021
132 posts
Feb 02, 2022 at 08:58
luck is really complicated issue , you cant change it but of course you can work and which is really important.
Member Since Jan 03, 2022
9 posts
Feb 02, 2022 at 11:58
How is this even a thread on myfxbook. Of course luck isn't important. You cannot reply on luck to make you money. If you believe that just get a lottery ticket
Member Since Aug 05, 2021
401 posts
Feb 02, 2022 at 17:45
It really comes down to your decisions, but I often wish other traders luck regardless. Some may believe in it and others don't, but I do think luck comes more into play with gambling.
Member Since Jun 16, 2021
111 posts
Feb 03, 2022 at 06:32
When trading Forex, luck is one of the most important factors. A new trader can buy and sell in accordance with their plan, but still end up losing money. That's where the element of luck comes in. It is not really about your strategy or how good your setup is. Luck will play a role in whether you win or lose on your trades.
Member Since Jun 21, 2021
33 posts
Feb 03, 2022 at 08:05
Luck is secondary. The primary thing to focus upon is skills.
Member Since Jul 20, 2020
399 posts
Feb 03, 2022 at 08:18
billysnyder posted:
When trading Forex, luck is one of the most important factors. A new trader can buy and sell in accordance with their plan, but still end up losing money. That's where the element of luck comes in. It is not really about your strategy or how good your setup is. Luck will play a role in whether you win or lose on your trades.
No completely disagree, you are talking about probabilities here not luck. Over a large sample size and a correct edge no luck plays any part. It is completely all down to probabilities. Yes you can do everything right but still loss thats probability over the long run if your edge is good you'll be in profit
Feb 03, 2022 at 12:16
frandunn posted:I agree with you, luck can work but not every time, only knowledge and experience will help one to excel in forex trading.
I don’t think that luck is important while trading. It could only be a few trades where you could benefit due to luck. All the other times, it is the experience and skills that make you profit.
Feb 09, 2022 at 05:19
Luck may be important, but a lot can be achieved even without it. If a trader learns risk management and is able to control the emotions while trading, consistent profits can be earned. Luck may not always work but knowledge and experience will always work.
Member Since Dec 14, 2021
28 posts
Feb 14, 2022 at 08:16
I believe that luck depends on the amount of hard work a person does. A trader can never be lucky enough to make consistent winning trades. Only the traders who work hard with consistency, patience and discipline will keep luck on their side.
Feb 15, 2022 at 23:55
Luck sometimes work in trading but traders cant relying upon luck alone, they need knowledge and also skills trading to manage money in uncertain market condition, luck will never come every time, but knowledge will make luck often caught every time
Member Since Aug 10, 2021
176 posts
Feb 16, 2022 at 01:53
The most important thing in the Forex trading is experience, because experience is the most important in the Forex trading, and it also makes our work simple and easy, and we also understand the work or trading properly and well, so we should emphasize experience.
Member Since Jun 12, 2021
132 posts
Feb 16, 2022 at 11:07
market is really a volatile trading place and no one can predict the real faction of this market with certainly. this is true fact.
Feb 21, 2022 at 06:09
skihav posted:I totally agree. One cannot solely rely on luck for making successful trades. Winning trades requires conducting proper technical and fundamental analysis and not making mere speculations or guesses.
Luck is not the most important ingredient for success. It is more important to pay attention to knowledge and experience. This is much more important for a trader.
Member Since Jun 19, 2020
38 posts
Feb 28, 2022 at 04:42
Market is risky and difficult to predict but that does not mean that only luck of a trader makes him successful. The hard work of a trader is equally or more important in getting the success.
Member Since Jul 20, 2020
399 posts
Mar 02, 2022 at 08:07
RobertFerrari posted:
Your fate depends on you like how you work for this and what you do to develop your fate. If you do nothing but rely on your fate blindly, then who will help your flourish your fate. So, try again and again, Focus on enhancing knowledge because an ignorant person is never equal to an wise person.
So true luck is preparation meeting opportunity. You need to be prepared and set up to take advantage of it
Member Since Aug 10, 2021
176 posts
Mar 03, 2022 at 03:27
We can't say what is more important: luck or experience because both play an important role in everything we do. If you have sufficient experience and enhanced your trading skills but your luck is not with you, then you will not be successful in forex, but if you have sufficient experience but your luck is low, then your performance will not be good in forex. So both these things can play a role but in my opinion experience is more important.
Member Since Feb 16, 2022
119 posts
Mar 03, 2022 at 04:31
There is no point of denying your fate but sitting idle leaving everything on luck is all about foolishness. In your fate, the result of your working is written down. So, you will get what you do indeed. So, without relying on luck, start practicing more and more and hope your luck will be in favor of you.
Member Since Mar 19, 2021
9 posts
Mar 03, 2022 at 20:43
I can't agree that luck is important. All the situations when I relied on luck and even it was not in trading, I failed. Maybe I am so unlucky that I have never faced real luck, however as a rule people and traders as well have to rely only on themselves, their knowledge, skills and experience. These things are twice important than luck. Those ones who are lucky, can rely on luck, because they understand that luck is on their side and they can always apply to it when they require something. Nevertheless, the most part of people never rely on luck and rely only on themselves. It's a mandatory thing.
