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Luck is important

Afterpiece
Dec 14 2022 at 10:57
34 príspevkov
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)
Dec 14 2022 at 22:04
15 príspevkov
Well Said
Five Hundred A Day, Will Take The Pain Away,
Suradi (FXOday)
Dec 14 2022 at 23:41
463 príspevkov
Let's take a small example, two drivers will go to one destination, one driver is ready to go without any preparation and relying upon luck, he no checks the brake, machine, or driver's license,.while another driver before to go already prepared all things, check the machine, brake and or driver license. The risk will be higher for drivers that go without preparation, maybe on the bumpy roads or there are police.
Salsitude
Dec 15 2022 at 10:40
47 príspevkov
Luck may work in your real life but in trading, no trader is lucky enough. Fortune in the forex market is made only on the basis of your hard work, knowledge, and expertise. if you want to get lucky in the forex market then start working hard on upgrading your knowledge and skills.
 
Tr_Sheenu014
Dec 15 2022 at 11:38
20 príspevkov
Salsitude posted:
Luck may work in your real life but in trading, no trader is lucky enough. Fortune in the forex market is made only on the basis of your hard work, knowledge, and expertise. if you want to get lucky in the forex market then start working hard on upgrading your knowledge and skills.
 
Exactly! To trade successfully in forex, a daily analysis of the market is necessary.
Commonition
Dec 16 2022 at 06:26
47 príspevkov
Rococo_XVII posted:
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. 😄😄
Agreed. Only delusional people like to trust in luck. It’s either hard work or no money. Forex is technical, there’s no space for luck.
Gewgaw
Dec 16 2022 at 07:46
57 príspevkov
Afterpiece posted:
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.
mismanagement can certainly lead to a crisis! I agree that hard work and constantly updating your knowledge is the best way to move ahead in the market.
jambeau
Dec 16 2022 at 10:41
51 príspevkov
Afterpiece posted:
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.
I also believe that luck plays no role in trading. You can only reach the path of success when you work hard and maintain discipline. Those who rely on luck are simple gambling which can never be profitable in the long run.
Rococo_XVII
Dec 23 2022 at 15:17
130 príspevkov
Commonition posted:
Rococo_XVII posted:
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. 😄😄
Agreed. Only delusional people like to trust in luck. It’s either hard work or no money. Forex is technical, there’s no space for luck.

You know, luck may help you once. But not in the future. Without knowledge and skills, luck is nothing.
Think thrice before opening an order
binarysumo22
Jan 02 at 09:29
40 príspevkov
Nope! Luck plays no role in forex trading because it is a skill-based activity that requires knowledge, discipline, and strategy. Forex traders make decisions based on market analysis and their understanding of market conditions, rather than relying on chance.
Tradelist45
Jan 03 at 10:40
311 príspevkov
luck is very important if there no regular level of practice . so we have to focus on there first of all , otherwise trading can be useless.
Freddy Taylor (Freddy4Taylor)
Jan 20 at 06:22
35 príspevkov
Luck can help you open a good deal, and experience can help you close it on time.
No job too big. No job too small.
Nickalus_16
Jan 20 at 11:05
16 príspevkov
In my opinion daily market analysis, practice, and consistency are more important.
Joyal
Jan 20 at 11:48
11 príspevkov
Nickalus_16 posted:
In my opinion daily market analysis, practice, and consistency are more important.
Yes these are more imp than luck.
Dominic (DominicWalsh)
Jan 31 at 09:45
21 príspevkov
Nickalus_16 posted:
In my opinion daily market analysis, practice, and consistency are more important.
can not agree more with you :)
Trade what you see not what you think
Tuxedo888
Feb 01 at 16:29
91 príspevkov
Luck is important

But Luck is like hope,

There was a famous saying on the Liffe trading floor,

 There were two hopes---Bob and no hope. And Bob had just left town.

Eric (Goldbarrel)
Feb 02 at 20:41
32 príspevkov
Sometimes it seems to me that only the luckiest people are successful traders.
Make money with people who know how to make money.
Tuxedo888
Feb 04 at 00:16
91 príspevkov
Trust me Eric,

LUCK is not welcome in trading. as i mentioned above.


I wont waffle, you must stand back and look at the big picture, without a proven strategy----plan

YOU are just gambling nothing more and nothing less.

(you will blow up )
Suradi (FXOday)
Feb 05 at 22:35
463 príspevkov
Luck is needed but not the case, trading is based on knowledge and skill, and luck has a small portion to get consistent results. It will differ from trading blindly compared to trading-based system trading. Blind trading often loss but not if we can discipline
Trader_Ember
Feb 06 at 11:29
18 príspevkov
I think learning, understanding, consistency and practice are important.
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