Nov 08 2022 at 09:27
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.
Nov 10 2022 at 10:52
Luck is not at all required when you’re trading forex. Your capacity for patience and waiting for the ideal opportunity to make a good trade is more crucial than luck.
Nov 17 2022 at 10:58
When it comes to trading, all that is required is knowledge, experience, and the right trading strategy at the right time.
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.
Nov 21 2022 at 10:57
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.
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.
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
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.
Nov 25 2022 at 07:57
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.
Nov 25 2022 at 11:56
It should be understood that putting a big bet on luck is also not entirely correct. It just might not work at all.
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.
Nov 28 2022 at 07:34
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.
Nov 28 2022 at 12:05
I can't argue that success is really important. But the question is a little different. If a trader has no experience or even knowledge in this industry, then you definitely should not rely on luck.
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
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.
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.
Dec 03 2022 at 05:34
Besides using a micro account, you can use narrow trading size and trade in low-trading spread pairs. Avoid trading during market volatility because it will put your life at stake.
Dec 03 2022 at 08:18
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.
Dec 03 2022 at 10:38
Reducing the number of losses that a trader usually suffer is the cardinal challenge faced by every trader.
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
