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Luck or Hard Work?
Členom od Dec 28, 2020
167 príspevkov
Mar 18, 2021 at 08:09
The Forex market is not gambling. When you gamble you need luck but when you trade forex you have to do a lot of hard work. You can not just trade on the basis of your luck only.
Členom od Jul 23, 2020
816 príspevkov
Sep 08, 2021 at 22:03
I think traders need both in terms of profit and survival.
Členom od Jul 23, 2020
696 príspevkov
Sep 08, 2021 at 22:28
There is no place for luck. Traders can achieve this with their hard work.
Členom od Aug 05, 2021
394 príspevkov
Sep 13, 2021 at 14:21
Trading is not a quick and easy way to get rich as many beginners believe. It takes a lot of time to learn and I believe a significant amount of demo trading is also a necessity, meaning that we have to give a considerable amount of our time to it before we even have the chance to make profit. I often wish other traders luck but don’t believe luck really has anything to do with it, as things are based more on evidence.
Členom od Aug 14, 2020
37 príspevkov
Sep 17, 2021 at 09:53
Agree with you on this!
Členom od Mar 17, 2021
494 príspevkov
Sep 18, 2021 at 19:54
HeavLeighGill26 posted:
Trading is not a quick and easy way to get rich as many beginners believe. It takes a lot of time to learn and I believe a significant amount of demo trading is also a necessity, meaning that we have to give a considerable amount of our time to it before we even have the chance to make profit. I often wish other traders luck but don’t believe luck really has anything to do with it, as things are based more on evidence.
You are absolutely right.
Členom od Sep 10, 2021
17 príspevkov
Sep 20, 2021 at 10:05
Hard work and luck go hand in hand. May be your destiny/luck says that you'll achieve things be working hard only?
Členom od May 27, 2021
56 príspevkov
Sep 20, 2021 at 11:36
I believe that luck can work for a few days while hard work will take to greater heights in forex.
Členom od Jun 14, 2021
51 príspevkov
Sep 21, 2021 at 05:45
@HeavenLeighGill I am with you on this , many traders step into forex with partial or no knowledge and most of them are influenced by their friends or youtube channels . I think people should treat forex as a real deal and a serious business, instead of just executing the trade for the sake of it. They should learn how to do a risk assessment and money management. It's not luck but their hard work that would make them a successful trader
Členom od Jul 20, 2020
385 príspevkov
Sep 21, 2021 at 06:46
Definitely agree hard work is key and you make your own luck. The more times you put yourself in front of a trade and do the right things the more success you will have and the more 'lucky' you will seem to everyone else
Členom od Mar 28, 2021
586 príspevkov
Oct 03, 2021 at 05:47
Luck doesn't work all the time. It can work few times but not in all the trades one opens. That's why skills and knowledge important.
Členom od Oct 31, 2020
15 príspevkov
Nov 12, 2021 at 12:45
As for trading activity, then here matters exceptionally hard work. There is a bit of luck, but I try tnot to think about luck, because trading which is based on luck is gambling, but not trading activity. So, if you don't want to associate trading with gamblling, then you have to forget about luck at all. Only hard work can help you to reach your goals in trading and earn money of course. In my opinion, those traders who always rely on luck can never be successful, because trading is based on luck can't be called a science.
Členom od Aug 25, 2019
26 príspevkov
Nov 24, 2021 at 07:48
Trading activity doesn't imply any kind of luck, because everything that happens with the makrte is a strong tendency or the pattern. The market is affected by the situations with world and domestic economies, thus there is no luck at all.
I would advice beginning traders not to rely on luck in trading because it always leads to unpleasant consequences such as gambling. Trading activity shouldn't be turned into a gamble, because only your skills, knowledge and experience matter here a lot. Everything depends on your and you hardworking.
I would advice beginning traders not to rely on luck in trading because it always leads to unpleasant consequences such as gambling. Trading activity shouldn't be turned into a gamble, because only your skills, knowledge and experience matter here a lot. Everything depends on your and you hardworking.
Členom od Apr 09, 2019
516 príspevkov
Nov 24, 2021 at 11:23
100% it comes down to hard work. Luck hasn't got anything to do with it.
If you can't spot the liquidity then you are the liquidity.
Členom od May 31, 2021
35 príspevkov
Nov 26, 2021 at 11:33
GraceGilm posted:
You should not rely on luck for a long time, since we all know that only beginners are lucky, and even then not for everyone, and even then not for long!
I agree with you, luck doesn't works everytime, it is only the knowledge which will help you in forex to succeed.
Členom od Mar 17, 2021
494 príspevkov
Nov 26, 2021 at 18:18
skihav posted:
Only hard work. This is the real and only path to success in this industry.
Besides hard work. you also need some luck to get success.
Členom od Nov 23, 2021
34 príspevkov
Dec 06, 2021 at 06:53
If you win, then all the credit goes to hard work. Trading is purely the result of the knowledge of your analysis and risk management. Keep learning and trading!
Členom od Mar 16, 2021
447 príspevkov
Dec 06, 2021 at 07:58
LucianVince posted:
If you win, then all the credit goes to hard work. Trading is purely the result of the knowledge of your analysis and risk management. Keep learning and trading!
Exactly, if the trader succeeds, it is based on his hard work. Success is never achieved by relying on luck.
Členom od Jan 22, 2021
132 príspevkov
Dec 06, 2021 at 11:16
There is nothing such thing like luck, luck is a shadow of hardwork. Just like for a shadow you need source of light in the same way for luck you need hard work.
Členom od Aug 10, 2021
172 príspevkov
Dec 06, 2021 at 13:48
The luck has to get a push, but the skill is the base of your success and there is a little bit of luck too, so be skilful and the luck will follow. When you get an opportunity to watch a skilled and experienced trader execute a profitable trade. How are you doing, how did you know you had to open it exactly here? In many cases you hear a response from a trader like that, but it is just luck.
