Luck is important
Uczestnik z Sep 06, 2022
26 postów
Sep 30, 2022 at 12:23
There is no need for luck in the forex market. If luck were involved in forex, only a select few would win. But that is not so; those who trade with the right strategies and mindset win. Luck has no role to play in the forex market; it is mostly mumbo-jumbo that has made everyone think that way.
Oct 17, 2022 at 05:36
Sometimes we end up making good trading decisions by mistake and call it luck. However, luck cannot favour us forever when it comes to forex trading. We need to work on our skills and strategy for long term success. Losses are inevitable sometimes but we should never leave our trades to our luck. Because that will make it look like we have no control over our wins and losses as a forex trader.
Uczestnik z Feb 15, 2022
219 postów
Oct 17, 2022 at 18:40
Fundamental viewpoints over the market are necessary for traders because technical viewpoints sometimes fail to provide traders with the market signal.
Suradi (FXOday)
Uczestnik z Apr 03, 2021
470 postów
Oct 26, 2022 at 23:16
Forex trading is a speculative investment, and luck also has a role here, however in trading we can't only rely upon luck alone, here we learn to analyze the market-based support resistance, using chart patterns to predict the price ahead, sometimes we need speed to open and close order, it is not pure relying upon luck.
Uczestnik z Oct 04, 2022
15 postów
Oct 31, 2022 at 11:19
I don’t think so because even luck runs out after 2-3 times. It’s your knowledge that decides the trajectory of your trading journey and success
Uczestnik z Sep 13, 2022
8 postów
Nov 03, 2022 at 05:53
I would disagree with OP here. Luck will never be a huge part of your trading success. Based on my experience, luck plays a little to no role in your long term success as a forex trader. One who believes in luck based trading is setting themselves up for failure only. Just focus on learning and work towards your goals. That is the only thing you need to do for profitable trading.
Suradi (FXOday)
Uczestnik z Apr 03, 2021
470 postów
Nov 17, 2022 at 23:30
Indeed traders also need luck, however, traders can't rely upon luck, they must rely upon knowledge and skills to make closer to luck. Traders also need discipline although discipline can't guarantee success, however no success without discipline.
Uczestnik z Nov 21, 2022
9 postów
Nov 21, 2022 at 16:45
Luck is so important. There are scammers and bad strategies online and it is only luck that they are avoided and a good strategy found. If you have a good strategy then luck is less important
Uczestnik z Feb 15, 2022
219 postów
Nov 26, 2022 at 13:30
We are good traders when we are able to follow risk management strategy properly. A well-defined risk management policy can make your trading melodious for you.
Danny Gilbert (Whitethroat)
Uczestnik z Aug 04, 2021
30 postów
Nov 29, 2022 at 03:21
Sometimes I think Forex is divided into traders and investors.
If you don't know how to trade, you always have another choice.
If you don't know how to trade, you always have another choice.
Movement is life
Uczestnik z Feb 15, 2022
219 postów
Nov 30, 2022 at 06:37
Crucial situation sometimes gets on traders’ nerves, which leads to losses. Another reason for losing can be lack of trading analysis and wrong analysis.
Uczestnik z Feb 15, 2022
219 postów
Dec 03, 2022 at 05:04
Hedging is a technique of trading but it keeps a trader in a dilemma. Personally, I don’t like hedging indeed.
Uczestnik z Jul 23, 2020
869 postów
Dec 03, 2022 at 10:38
Reducing the number of losses that a trader usually suffer is the cardinal challenge faced by every trader.
Uczestnik z Mar 31, 2021
217 postów
Dec 06, 2022 at 13:26
trickexist1 posted:
Luck is so important. There are scammers and bad strategies online and it is only luck that they are avoided and a good strategy found. If you have a good strategy then luck is less important
I would say if you have bad strategy (for me is equal no strategy) then even luck will not help you. 😄😄
Think thrice before opening an order
Uczestnik z May 13, 2022
34 postów
Dec 14, 2022 at 10:57
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
Ytilaer J Law (SewCoin)
Uczestnik z Dec 01, 2022
15 postów
Dec 14, 2022 at 22:04
Well Said
Five Hundred A Day, Will Take The Pain Away,
