Luck is important

master800ve posted:

Luck happens when preparation meets opportunity.

That's really well said!

Luck is important in the short term but irrelevant in the long term

luck is really important if you know to trade well and have good knowledge and experience , without knowledge there is no good lcuk

Brick_56 posted:

master800ve posted:

Luck happens when preparation meets opportunity.

That's really well said!

Thank you, that's my definition of luck.

Yes, luck is needed in any business

That's right, sometimes there is a certain element of luck in trading, but on the other hand you shouldn't count on it all the time, accidents happen only occasionally, that's why they are so nice...

You shouldn't expect things to work out on their own. A trader must learn to work independently and rely solely on his knowledge. Because the race for fast and easy money is never profitable. It's more like an illusion.

Luck is only important if you have nothing else.
And if you're a professional, then all you need is the market. And then it doesn't matter if it's a good day or not. You'll be working and everything will be just fine..!

We need basic knowledge and hard training ourselves as a trader. Only on one luck will Laleko not leave

Thorgalmeena posted:
Luck is only important if you have nothing else.
And if you're a professional, then all you need is the market. And then it doesn't matter if it's a good day or not. You'll be working and everything will be just fine..!

Agree.

Dictiony posted:
Luck is important in our life but as a trader's career is concerned luck has no meaning in traders survival in Forex. The market doesn't know who we are from where we belong too, to know each other trader and market must know each other and the only thing which is very helpful is knowledge and passion for it. The market has opportunities which we as a trader has to know which gate opens and how and that can be accomplished as we have keys to open and enter.

You can be lucky for a while but for long term trading you need so much more.

Luck is irrelevant in trading.

For a good mood, trading, of course, needs luck, well, we must understand that it is not eternal.

Such a concept as luck was needed at all times and for everyone. In today's realities, the relevance of good luck in anything remains great.

Dictiony posted:
Luck is important in our life but as a trader's career is concerned luck has no meaning in traders survival in Forex. The market doesn't know who we are from where we belong too, to know each other trader and market must know each other and the only thing which is very helpful is knowledge and passion for it. The market has opportunities which we as a trader has to know which gate opens and how and that can be accomplished as we have keys to open and enter.

relevant for today's realities

jamesgwyther posted:
Luck is irrelevant in trading.

Agree totally.Skill and knowledge is what is required.

Luck is important, but not crucial. Experience is crucial. Luck - it can happen 1-2 time. Maybe 3. Experience - you can repeat 100 times.

Forex trading is not a place you look for luck like casinos, all you need to make profits is good planning like good money management,then you can always make profits. If you are waiting for luck then you are a gambler and you belong to the casinos and not trading forex.

The Forex market is too much volatile and there is nobody who can predict the real faction of this market with certainly , that’s why for making profit with great consistency we the traders have to depend on our trading strategies that we choose according to our trading understanding. We the traders should choose the broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker that allows trading concept such as this.