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No one should depend upon luck

Dec 27, 2020 at 07:04
1,201 zobrazení
35 Replies
Sar John (Sarjohn)
Členem od Dec 28, 2020   187 příspěvků
Mar 04, 2021 at 09:46
Those who depend upon luck don’t trade, they gamble. Trading is not based upon luck you have to learn, practice and remain patient to gain profits in trading.
Členem od Jul 23, 2020   759 příspěvků
Mar 05, 2021 at 03:46
Luck can give you short success. However, for long run, trader need proper trading strategy.
Členem od Feb 04, 2021   31 příspěvků
Mar 08, 2021 at 11:20
Luck only stays for a shorter span of time while your knowledge and hard work will take you on a long successful path.
Členem od Dec 09, 2013   139 příspěvků
Oct 16, 2021 at 16:44
Luck is never going to take you anywhere as far as trading is concerned. It all depends on your trading knowledge, experience and how well you apply them. We must not depend on our luck but dedicate ourselves to learn how to trade accordingly and be disciplined with it.
Členem od Jun 21, 2021   24 příspěvků
Oct 20, 2021 at 07:02
Hardwork> luck
Členem od Sep 08, 2020   32 příspěvků
Oct 20, 2021 at 08:52
LeviSievwright5 posted:
Professional trading is never possible depending on luck. If you want to trade, you must work with a positive mindset according to discipline.
yes and sound knowledge is required.
Členem od Aug 21, 2021   61 příspěvků
Oct 20, 2021 at 12:04
I agree, luck may work sometimes but the knowledge will help every time.
Členem od Oct 19, 2021   18 příspěvků
Oct 22, 2021 at 07:52
Traders must understand that beginner's luck is not gonna help in the longer run.
Členem od Dec 09, 2013   139 příspěvků
Oct 22, 2021 at 17:39
I truly believe luck does not have that much to do with Forex trading. It mainly depends on our skill, discipline, and patience. Not being a genuine trader, someone may make profit from 2/3 trades, but at the end of the day, he will lose them all. If you want to call those 2/3 profit trades by luck, you are right. Do not forget the end result though, where he would lose all of it.
Členem od Jul 20, 2020   399 příspěvků
Oct 24, 2021 at 16:49
RobSchiz posted:
skihav posted:
Very true. Even experienced traders sometimes can not control themselves, and it is commonplace to lose money.
Luck matters. but the main thing is proper knowledge.

Luck doesnt matter at all. It isnt gambling if you have an edge and follow rules you will be successful
Karlos Fandango (Smith2525)
Členem od Mar 15, 2019   82 příspěvků
Oct 25, 2021 at 00:17
Michihito posted:
No one should depend upon luck in trading. You can be fortunate one or a couple of times. Regardless, You genuinely do need to understand what you're doing. It's the unfaltering work that finally pays off. If you do reliable work in right way, you will get accomplishment.

Irish people would disagree... All you need is a four leafed clover
All or nothing
Členem od Jun 16, 2020   57 příspěvků
Oct 29, 2021 at 03:54
Luck has a temporary place in any kind of market because it is a mere coincidence. Forex trading is a risky endeavor, and if you want to be a profitable trader, there is no route other than studying the market carefully.
Členem od Jun 16, 2021   111 příspěvků
Oct 29, 2021 at 04:17
Forex trading cannot be done without a clear and well-thought definition of one's goals and objectives. Forex trading is undoubtedly the most profitable, but it requires some knowledge and work.
Členem od Mar 28, 2021   617 příspěvků
Nov 02, 2021 at 13:18
@brianna Exactly. Luck can work in one trade 2 trades or sometimes few more. But if a person doesn't have the skills and mindset for success, he will eventually lose all the money.
Členem od Feb 20, 2021   53 příspěvků
Nov 03, 2021 at 04:42
Forex trading is not a luck game because it's not gambling. You need to be educated enough to understand its strategies and market patterns. It’s all about how you learn about forex trading and then implement that learning while trading.
Členem od Mar 28, 2021   617 příspěvků
Nov 04, 2021 at 13:42
@jonathandaniel Yes there is no option for luck. Luck can't favour us in every trade if we not have skills. It's the skills that bring luck. Not the other way around.
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