Advertisement
Luck is important
Členom od Aug 02, 2022
24 príspevkov
Aug 26, 2022 at 11:26
Basing decisions on luck is not the best way to approach the market sentiment. Hence, you need to be practical and logical so applying your knowledge and skill is the only way to earn profit returns.
Členom od Jul 23, 2020
816 príspevkov
Aug 28, 2022 at 11:08
Making a strategy is the result of persistence, perseverance and hard work. Use a strategy for a long time to prove whether it works well or not. A well-defined and profitable strategy can help you quench all your demands.
Členom od Aug 02, 2022
18 príspevkov
Aug 29, 2022 at 09:54
I can’t deny that luck has no role to play in your trading career. It may work sometimes but most of the time, it’s your hard work that will give you results. So, work on improving yourself and don’t do anything that you don’t understand.
Členom od Jul 26, 2022
45 príspevkov
Sep 07, 2022 at 12:16
Luck is important but so are the skills, one cannot succeed depending only on the luck, skills matter a lot.
Členom od Mar 31, 2021
222 príspevkov
Sep 12, 2022 at 09:49
Luck is a very picky woman. She can turn to you as well as turn away. Therefore, in addition to luck, it is important to have steel self-confidence and a well-developed trading strategy.
Think thrice before opening an order
Členom od Feb 15, 2022
210 príspevkov
Sep 17, 2022 at 17:30
Losing money is a common phenomenon in Forex but don’t quit Forex for this reason because it’s all about foolishness.
Členom od Feb 16, 2022
60 príspevkov
Sep 19, 2022 at 07:36
Candle breakout strategy is one of the most effective trading styles but traders mostly fail to follow this strategy just because they don’t have sufficient idea over the use of the strategy.
Členom od Apr 18, 2022
55 príspevkov
Sep 20, 2022 at 06:43
If you solely rely on luck, you will never be able to learn how to trade profitably. Instead of losing energy on luck, I would advise effectively understanding the forex market and learning technical analysis and test out strategies on demo accounts.
Členom od Sep 14, 2022
39 príspevkov
Sep 23, 2022 at 11:43
Traders perform everything logically and get results accordingly, so luck seems insignificant to me. We can talk about how we should put in energy in trading with smart work.
Členom od Sep 06, 2022
26 príspevkov
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.
Členom od Aug 03, 2022
25 príspevkov
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.
Členom od Feb 15, 2022
210 príspevkov
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.
Členom od Apr 03, 2021
437 príspevkov
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.
Členom od Oct 27, 2022
17 príspevkov
Oct 28, 2022 at 12:08
I agree! Trading is not a game of chance. Successful traders find ways to remove luck from their trades and employ trading techniques that increase their chances of success.
Členom od Oct 04, 2022
15 príspevkov
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
Členom od Sep 13, 2022
8 príspevkov
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.
Členom od Apr 03, 2021
437 príspevkov
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.
Členom od Nov 15, 2022
23 príspevkov
Nov 21, 2022 at 11:54
I do not believe that there is anything like luck in trading. It's the game about skills and abilities.
Členom od Nov 21, 2022
9 príspevkov
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
Členom od Nov 25, 2022
7 príspevkov
Nov 25, 2022 at 06:06
I would say good luck and hard work go hand in hand. For trading, you should have good knowledge and to use it in the right way, and strategies along with good luck make you in a position to earn well.
