Feb 06 at 14:49
Luck helps in the short run only. It;s the knowledge and the strategy that works in the longer run.
Trading requires hard work, knowledge and skills. Luck can work sometimes for someone, not every time but hard work will always pay you reward.
Both luck and hard work have a hand in any trader's success no doubt. But when it comes to the long run journey, it is a trader's hard work, passion and dedication that takes him through.
Duktilar posted:
This is really hard work, and you don't need to count on luck.
It takes time and effort no short cuts unfortunately
Id recommend using a simulator to fast track the hours required on the charts
Just like any other business, it requires hardwork and proper knowledge on how the market works, specifically on forex market.
Those who relate to the Forex field with ease and rely on luck end up with all the eh, a large amount of percentage, in which they do not earn in this area.
Feb 19 at 17:39
It sure does help putting in the hard work ,pays off in the long run ,learn the habits of one pair and you will make progress quickly,luck does have a part to play ,major event working in your favour to spot oppertunity.
"They mistook leverage with genius".
No trader can make consistent earning if he is depending only on luck. Hard work is what is going to help, along with good planning and skills.
Feb 24 at 11:09
I think both, but the ratio may vary, luck only will be in your favour if you have done some amount of work in that direction. There is no substitute for hardwork, you have to do that.
