No one should depend upon luck
Uczestnik z Jul 19, 2020
298 postów
Dec 27, 2020 at 07:04
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.
Uczestnik z Jul 20, 2020
298 postów
Dec 28, 2020 at 02:23
Professional trading is never possible depending on luck. If you want to trade, you must work with a positive mindset according to discipline.
Uczestnik z Apr 25, 2020
119 postów
Dec 28, 2020 at 09:52
Forex, the market is not a place where you need to rely only on luck, luck is personal, definitely a small percentage of what affects your trading and goal achievement.
Uczestnik z Feb 17, 2020
7 postów
Dec 28, 2020 at 14:22
Luck is of course good. But this will hardly help you in trading on the stock exchange. You may get some profitable trades, but in the end, the loss of your deposit is guaranteed.
Uczestnik z Apr 09, 2019
538 postów
Dec 28, 2020 at 15:21
I don't think luck has any place in trading. I also think you make your own luck in life.
If you can't spot the liquidity then you are the liquidity.
Uczestnik z Jul 23, 2020
869 postów
Dec 28, 2020 at 16:58
Teodor2345 posted:Right. Trading with luck is kind of gambling which has no future in trading.
Luck is of course good. But this will hardly help you in trading on the stock exchange. You may get some profitable trades, but in the end, the loss of your deposit is guaranteed.
Uczestnik z Jul 20, 2020
341 postów
Dec 28, 2020 at 20:16
The main technique to become successful in the forex market is to select a good broker and make a good trading strategy.
Uczestnik z Sep 18, 2020
31 postów
Dec 29, 2020 at 07:23
Diego99 posted:
forex trading is all about how much you understand the market and how well you are able to analyse the charts. no luck game here.
I agree. Its all about how much hard work one puts in, luck is just psychological.
Uczestnik z Nov 20, 2020
21 postów
Jan 05, 2021 at 08:42
There is nothing like luck in forex trading. Your luck can help you sometimes but not all the time. You have to have knowledge and know strategies to make the most of the market.
Uczestnik z Nov 24, 2020
28 postów
Jan 05, 2021 at 08:57
Luck stands nowhere when you are trading forex. It is all about the efforts you put and the decisions you make. You cannot always be lucky to make money in the market.
Uczestnik z Nov 20, 2020
18 postów
Jan 19, 2021 at 04:28
But luck does play an important role in trading and some traders choose to believe in it. Even if not entirely but for some part, they do believe in it.
Uczestnik z Apr 25, 2020
119 postów
Feb 04, 2021 at 08:59
To rely on luck or not, this is the choice of every trader, if this is more convenient and reliable, then why not take advantage of this moment
Uczestnik z Nov 18, 2020
26 postów
Feb 17, 2021 at 05:57
KnowFinance posted:Truly said brother. What most of the traders don’t realize is that a sporadic strategy won’t work here in the name of luck. On the contrary, what they should be doing is investing time in planning a strategy that would help them make some profit despite closing the trade with some losses. It’ll be a well planned out strategy that will help them invest in the right trades and right market condition.
Luck might work somewhere at some point of time, but knowledge and skills will work every time.
Uczestnik z Jun 29, 2020
38 postów
Feb 17, 2021 at 09:44
Richarlison872 posted:Agreed and I personally have come across many traders who usually get confused by looking at the charts. Call it their inexperience or the lack of practice, but they don’t understand that a buying opportunity in a weekly chart can be shown up as a selling signal in the intraday. What they’ll learn with practice is that in case a weekly chart is displaying a buy signal, a good trader should wait until the intraday also confirms the same.KnowFinance posted:Truly said brother. What most of the traders don’t realize is that a sporadic strategy won’t work here in the name of luck. On the contrary, what they should be doing is investing time in planning a strategy that would help them make some profit despite closing the trade with some losses. It’ll be a well planned out strategy that will help them invest in the right trades and right market condition.
Luck might work somewhere at some point of time, but knowledge and skills will work every time.
Uczestnik z Nov 18, 2020
26 postów
Feb 18, 2021 at 05:56
Numeromatt posted:I believe the knowledge and skills can be developed with the help of brokers like Avatrade, FXTM, and Fxview who offer the traders with demo accounts and platforms to practice and test drive their trading skills and strategies. What the traders have to ensure is that the brokers and platforms fit well with their strategies. For instance, you have to ensure that the broker has platforms that can draw Fibonacci lines in case you wish to trade the Fibonacci numbers.Richarlison872 posted:Agreed and I personally have come across many traders who usually get confused by looking at the charts. Call it their inexperience or the lack of practice, but they don’t understand that a buying opportunity in a weekly chart can be shown up as a selling signal in the intraday. What they’ll learn with practice is that in case a weekly chart is displaying a buy signal, a good trader should wait until the intraday also confirms the same.KnowFinance posted:Truly said brother. What most of the traders don’t realize is that a sporadic strategy won’t work here in the name of luck. On the contrary, what they should be doing is investing time in planning a strategy that would help them make some profit despite closing the trade with some losses. It’ll be a well planned out strategy that will help them invest in the right trades and right market condition.
Luck might work somewhere at some point of time, but knowledge and skills will work every time.
Uczestnik z Oct 16, 2020
137 postów
Feb 18, 2021 at 11:26
Forex trading is not something you can do by depending solely on luck.
