Luck or Hard Work?

Jun 23, 2020 at 05:09
5,073 Views
116 Replies
Member Since Apr 09, 2019   538 posts
Dec 06, 2021 at 19:01
I also think luck tends to be an event or a few events. Anyone can get a lucky result but that's not good trading. Trading rewards consistency and consistency is achieved through hard work.
If you can't spot the liquidity then you are the liquidity.
forex_trader_2596872
Member Since Sep 01, 2021   3 posts
Dec 07, 2021 at 18:17
Definitely 'Luck'. But you make your own luck through hard work. So both.
Member Since Jan 26, 2013   73 posts
Dec 07, 2021 at 23:54
'Chance favors only the prepared mind.'

                     Louis Pasteur (1822-1895)
                     Inventor of Vaccination
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Member Since Jul 20, 2020   399 posts
Dec 08, 2021 at 13:20
cgasucks posted:
'Chance favors only the prepared mind.'

                     Louis Pasteur (1822-1895)
                     Inventor of Vaccination

Love this, its so true you put yourself in the right place, prepared you will succeed
forex_trader_2596872
Member Since Sep 01, 2021   3 posts
Dec 08, 2021 at 16:28
GraceGilm posted:
KarenJacques posted:
Definitely 'Luck'. But you make your own luck through hard work. So both.
you cannot completely rely only on luck, this is a very bad option for working with such investments

I did say both. Notice how I put luck in quotes? The point I was trying to make is that for the most part people think luck is really good things happening to random people at random. It is not. You make your own luck. Moreover if you aren't working hard, when fortune smiles on you you'll likely not be in a position to seize the opportunity.
Member Since Nov 23, 2021   24 posts
Dec 13, 2021 at 05:14
Luck and hard work are both necessary in order to be successful in forex trading. While some people may believe that luck is the only thing needed, this is not the case. Trading forex successfully requires a great deal of hard work in order to learn the ropes and understand the market.
Member Since Aug 21, 2021   61 posts
Dec 13, 2021 at 12:24
traderjakelong posted:
Luck and hard work are both necessary in order to be successful in forex trading. While some people may believe that luck is the only thing needed, this is not the case. Trading forex successfully requires a great deal of hard work in order to learn the ropes and understand the market.
Well, I think luck works for a short period of time while hard work will always help in making the trading profitable.
Member Since Dec 14, 2021   46 posts
Dec 20, 2021 at 06:38
Trading has nothing to do with luck. A successful trade is purely the result of hard work and the understanding of the forex market.
Member Since Dec 20, 2021   25 posts
Dec 20, 2021 at 11:45
According to me, in trading only one thing works which is hard work, luck will not benefit everytime.
Member Since Jun 07, 2021   72 posts
Dec 21, 2021 at 04:38
I would say a little bit of both. But it is mostly hard work. If you have the right skills, then you can easily make profits from forex.
Member Since Dec 13, 2021   32 posts
Dec 21, 2021 at 05:54
Forex trading is all about hard work, discipline, and determination. Many people believe that success in forex trading comes down to luck, but this is not the truth. Forex traders who achieve great success all have one thing in common: hard work.
Member Since Jun 12, 2021   132 posts
Dec 23, 2021 at 09:12
it depends on your trading situation , sometimes our luck supports no way to deny but of course we have to keep moving always in trading life as well real life.
Member Since Jul 19, 2020   751 posts
Dec 24, 2021 at 02:03
Basically, greedy Forex traders depend on their luck! On the other hand, well-skilled Forex traders depend on their trading skills and trading experience!
Member Since Mar 28, 2021   617 posts
Dec 24, 2021 at 03:17
In simple words don't rely on luck. Have a trading plan with which you can bring positive pips consistently. Let luck play it's part.
Member Since Aug 27, 2017   994 posts
Dec 25, 2021 at 10:52
it's very good topic which is more important, there is nothing 100% in Forex trading , so we the traders sometimes have to depend on luck
Member Since Mar 16, 2021   477 posts
Dec 25, 2021 at 15:56
Akasuki posted:
In simple words don't rely on luck. Have a trading plan with which you can bring positive pips consistently. Let luck play it's part.
Trading cannot be done depending on luck. This requires adequate knowledge and skills to be developed. Trading is a myth based on luck.
Member Since Dec 14, 2021   28 posts
Dec 29, 2021 at 06:19
Sometimes you earn a profit and it’s not because of your analysis, charts, trends or any skill but only by chance. In that moment you may feel, ‘Wow! I got lucky’ but the difference is that it’s a ‘moment’ not your entire career. You can’t be lucky everyday but you can manage your losses well and increase your chances of winning if you work hard.
Member Since Nov 23, 2021   34 posts
Jan 04, 2022 at 04:31
I think luck does have a role in your success but if you rely completely on luck, then you are turning blind eye to everything else. Luck doesn’t favor anybody forever but skills achieved through hard work will always help a trader to make informed decisions, even in the most unfavorable moments.
Member Since Mar 28, 2021   617 posts
Oct 05, 2022 at 10:57
Even though you prefer EA trading, I suggest you not to make it your primary trading option. Professional and expert traders have proven EAs and these robots are performing better. Free EAs on internet don’t work well.
Member Since Sep 02, 2022   75 posts
Oct 07, 2022 at 05:37
Long term trading is a kind of trading hardly favored by traders because it takes much time and comes with high trading risk. This professional type of trading is mostly ignored by traders.
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