Some people attribute every bit of success to their luck which may or may not be true. A lot of hard work and determination goes into executing the perfect trade so can’t say it is luck all the time, right?
advancedsmifser posted: Luck is surely an important factor when we talk about trading. A lot of traders attribute their success to luck and fate.
It can be one side of the coin, but trading based on only luck, I don't think can promise full results. One has to learn, research and study well if he/she wants to become a good trader with time and earn consistently.
Luck in success is not instant, each people must make effort to get their success, if now there are trader forex get success, their journey I think face to many obstacles but they never give up success is a long term journey and a never-ending process, because before dead all people must keep to learn
Luck can be a part of your trading success but believing that luck is important is like relying on something you're not even sure if it exists or not. Luck is something that is often used by losers to blame their failure on. You will never find a professional successful trader who will give credit to his luck for his success.
Well I can't personally agree that luck is important. In my opinion, importance of luck is overestimated in trading activity. Of course, sometimes we can tell that we were lucky, when we accidentally opened wrong position and it brough us profits, nevertheless traders have to appeal to logic, analyze and their cognitive abilities. Luck is considered to be something that one day might turn trading activity for you into gambling. You will rely only on luck and you will forget about the importance of analyzing, creating and exploring. In my opinion, it's the worst thing might ever happen to trading activity. Traders have to stay very attentive.