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Luck is important

Apr 09, 2020 at 05:40
5,063 Views
166 Replies
Member Since Mar 03, 2022   4 posts
Mar 03, 2022 at 22:51
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Member Since Feb 18, 2022   15 posts
Mar 11, 2022 at 07:29
I think that's what we make of situations. But luck is not something we should completely rely on because trading is purely hard work. If you have good skills, you can define your luck.
Member Since Feb 08, 2019   213 posts
Mar 11, 2022 at 08:35
Luck is something you need to be aware of but not important as it will eventually even out over time
Member Since Aug 17, 2022   39 posts
Aug 22, 2022 at 05:15
Luck is important but luck alone can't do anything. Your own knowledge, confidence and experience together with luck brings out the best results in trading and other things as well.
forex_trader_2983986
Member Since Aug 04, 2022   31 posts
Aug 22, 2022 at 06:23
All my time of trading and making profits Paying my bills in forex, There is nothing like luck but dedicated hardworks.
Member Since Aug 17, 2022   60 posts
Aug 22, 2022 at 12:02
In my opinion luck does not play an important role in trading. Only with the right strategy, knowledge and experience, traders can be successful.
Member Since Aug 17, 2022   45 posts
Aug 23, 2022 at 12:07
Ultimately, traders are attempting to forecast the future, and in my opinion, when it comes to trading, skills and experience are more important than luck. Luck rarely happens, so it is important for you to back up on your trading with skill and knowledge which can last forever.
Member Since Aug 17, 2022   80 posts
Aug 24, 2022 at 03:56
Rolexana posted:
luck is important in the short term but not in the long term. Luck may win your a trade or two but only a high quality strategy will make long term profits
Yes, I agree , Long term trading can be profitable only when you apply good knowledge and strategy and not rely on luck.
Member Since Jun 02, 2022   32 posts
Aug 24, 2022 at 06:59
Luck may or may not work but hard work will always get you results. Focus on the right thing and you will be there in no time.
Member Since Aug 08, 2022   20 posts
Aug 26, 2022 at 11:08
I think luck compounds for only 2% success, the rest 98% of success is hard work. Luck can let you win once or twice. But a hard world allows you to win in the long term.
Member Since Aug 02, 2022   24 posts
Aug 26, 2022 at 11:26
Basing decisions on luck is not the best way to approach the market sentiment. Hence, you need to be practical and logical so applying your knowledge and skill is the only way to earn profit returns.
forex_trader_2983986
Member Since Aug 04, 2022   31 posts
Aug 28, 2022 at 06:49
RobertFerrari posted:
Hedging always keeps a trader in a dilemma so I always suggest traders not to follow this technique. This technical can only be adopted when a trader falls in a trouble due to an uncertain movement of the market. Personally, I don’t like hedging and many traders find interest in this type of One thing I have never done in years of trading is hedging, I hate that.

There was a client that asked me to trade account of 15k for him, on logging in, I saw a terrific hedging, I simply told him he will have to close those pisitions and move the left funds to new account before i start providing trades, I hate anything hedging..
Member Since Jul 23, 2020   869 posts
Aug 28, 2022 at 11:08
Making a strategy is the result of persistence, perseverance and hard work. Use a strategy for a long time to prove whether it works well or not. A well-defined and profitable strategy can help you quench all your demands.
Member Since Aug 02, 2022   18 posts
Aug 29, 2022 at 09:54
I can’t deny that luck has no role to play in your trading career. It may work sometimes but most of the time, it’s your hard work that will give you results. So, work on improving yourself and don’t do anything that you don’t understand.
Member Since Jul 26, 2022   49 posts
Sep 07, 2022 at 12:16
Luck is important but so are the skills, one cannot succeed depending only on the luck, skills matter a lot.
Member Since Mar 31, 2021   221 posts
Sep 12, 2022 at 09:49
Luck is a very picky woman. She can turn to you as well as turn away. Therefore, in addition to luck, it is important to have steel self-confidence and a well-developed trading strategy.
Think thrice before opening an order
Member Since Feb 15, 2022   219 posts
Sep 17, 2022 at 17:30
Losing money is a common phenomenon in Forex but don’t quit Forex for this reason because it’s all about foolishness.
Member Since Feb 16, 2022   63 posts
Sep 19, 2022 at 07:36
Candle breakout strategy is one of the most effective trading styles but traders mostly fail to follow this strategy just because they don’t have sufficient idea over the use of the strategy.
Member Since Apr 18, 2022   51 posts
Sep 20, 2022 at 06:43
If you solely rely on luck, you will never be able to learn how to trade profitably. Instead of losing energy on luck, I would advise effectively understanding the forex market and learning technical analysis and test out strategies on demo accounts.
Member Since Sep 14, 2022   40 posts
Sep 23, 2022 at 11:43
Traders perform everything logically and get results accordingly, so luck seems insignificant to me. We can talk about how we should put in energy in trading with smart work.
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