Those who are lazy or who have a habit of complaining rely on luck instead of their own efforts. Luck does not take anyone anywhere; instead, it keeps one stuck in a loop. One must make an effort to trade and succeed. Discipline and consistency are required for success, and luck has no role to play in the forex market.
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.
In forex trading, there is no such thing as luck. Effective traders often identify and take advantage of an edge within the market since it is a zero sum game. Forex is a challenging market to trade, and you won't consistently make money unless you have the required knowledge and experience.
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.
There’s nothing like luck because luck might work once or twice, but not always. And depending on luck is risky and rather drivel because depending on luck means ignoring knowledge that can save one from the risks of the forex market.
If you are not careful and do not know anything, anything can happen, and you cannot resort to hope or luck at that time. Luck might work in gambling, but not in forex. It is a drivel idea for anyone who thinks that luck will favour them and they will succeed in the forex market.
Forex does not requires luck but good skills and knowledge. Your capacity to develop and learn is the only thing you have control over. It should be clear that learning is necessary if we are to fully understand the market trends.
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. 😄😄
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