No one should depend upon luck

Dec 27, 2020 at 07:04
Vues 1,827
27 Replies
Membre depuis Oct 19, 2021   posts 18
Oct 22, 2021 at 07:52
Traders must understand that beginner's luck is not gonna help in the longer run.
Membre depuis Dec 09, 2013   posts 139
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.
Membre depuis Jul 20, 2020   posts 399
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
Membre depuis Mar 15, 2019   posts 82
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
Membre depuis Jun 16, 2020   posts 57
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.
Membre depuis Mar 28, 2021   posts 617
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.
Membre depuis Feb 20, 2021   posts 53
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.
Membre depuis Mar 28, 2021   posts 617
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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