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Luck or Hard Work?
Anggota Sejak Oct 04, 2022
15 pos
Anggota Sejak Oct 01, 2022
53 pos
Anggota Sejak Oct 01, 2022
53 pos
Oct 22, 2022 at 09:43
Anggota Sejak Oct 12, 2016
855 pos
Seems like a philosophical topic...So a philosophical answer....
Luck is the future outcome of your past work experience irrespective of you remember the past or not and irrespective of you work hard or work smart.
But experience out of your past work is important which builds the luck in future which you forget over time. Nothing happens by luck or chance without reason. So luck follows for them who work and gain experience over time and so you can change your luck by work.
You can continue to practice trading and gain experience until you can't loose in forex, then luck is yours and you can decide your own luck.....
Luck is the future outcome of your past work experience irrespective of you remember the past or not and irrespective of you work hard or work smart.
But experience out of your past work is important which builds the luck in future which you forget over time. Nothing happens by luck or chance without reason. So luck follows for them who work and gain experience over time and so you can change your luck by work.
You can continue to practice trading and gain experience until you can't loose in forex, then luck is yours and you can decide your own luck.....
Artificial General Intelligence
Oct 25, 2022 at 06:34
Anggota Sejak Sep 14, 2022
40 pos
YellowWitty posted:
There is no place for luck in financial markets. Your knowledge is the only thing that will take you ahead. So, always chase for more knowledge.
I completely agree with you, the only parameters for success in Forex is knowledge and practice. Luck is just an escape term which has no role in trading.
Anggota Sejak Aug 19, 2022
44 pos
Anggota Sejak Oct 01, 2022
53 pos
Nov 01, 2022 at 20:31
Anggota Sejak Apr 29, 2021
4 pos
how hard you 'work' means nothing. only thing that makes certain people successful, and others not is their mind-state, and their money management. most people over-leverage, over-trade, and over-expose themselves to the market. why you enter a trade has no bearing on what actually happens afterwards, you're basically guessing(thats why you have a stop loss). having a statistical edge is nice, but most people don't, and rely on indicators that don't work(or even worse using averaging robots) instead of what is actually happening on the chart in front of them.
Jan 05, 2023 at 13:41
Anggota Sejak Apr 29, 2021
4 pos
no strategy works consistently. 'work' doesn't do anything. it's all trade management. why you get in a trade has NO bearing on what actually happens in the market. we are guessing. we are not seers who can predict the future. otherwise, why would we need stoplosses? why wouldn't we just leverage our account to the max every trade, and all be trillionaires? it's because we're guessing. there is no work. use proper money management. gamble responsibly.
Anggota Sejak Nov 29, 2022
40 pos
Jan 10, 2023 at 11:21
Anggota Sejak Aug 03, 2022
25 pos
I would say hard work without a doubt! I know many traders who blame it on their luck when they happen to lose trades. But the one who has skills will always accept their mistakes no matter what. The willingness to learn from your mistakes is what takes you to success in the end.
Apr 17, 2023 at 12:30
Anggota Sejak Apr 18, 2020
54 pos
According to me, some traders may experience a few successful trades due to luck, the long-term success in Forex trading is mostly determined by the effort a trader put into understanding the market and developing sound trading strategies.
Anggota Sejak Aug 19, 2022
44 pos
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