Luck or Hard Work?
You will not get far on one luck, so you will have to work here.
lavis_book
从……加入成为会员 Jul 09, 2019
34个发言
Jul 02 2020 at 06:16
No luck can be on your side until and unless you work hard. Forex can only be mastered if you have that passion and put your sweat in learning. Luck can only favour you once or twice, but your hard work is never gonna go in vain.
IvanMelnik
从……加入成为会员 Jul 09, 2020
34个发言
Jul 10 2020 at 09:04
Hardwork is most important but i also believe luck is also a very important to consider.
Green Wolf
(SingaporeQuant)
从……加入成为会员 Apr 28, 2020
8个发言
Jul 10 2020 at 16:35
Funding (Stake Alpha, FTMO, TopStep etc)
Risk Management (R system)
Consistency (Watch your drawdown!)
Good trader are guaranteed to make money. More volatility = Luck.
Risk Management (R system)
Consistency (Watch your drawdown!)
Good trader are guaranteed to make money. More volatility = Luck.
Consistency and Risk Managment.
James Meilak
(jamrancid)
从……加入成为会员 May 17, 2018
1个发言
Jul 10 2020 at 21:07
Thorgaswyn posted:
Hi! I think you underestimate the role of luck in trading. In order not only to become, but also to remain a profitable trader, you can't do without luck. Yes, you need to learn and remember a lot, a lot of practice and other things, but you definitely can't do it all without luck.
Luck would imply that you're going into the market with no plan.
Measuring the likely probability of outcome by backtesting is what will give you a system that works.
You need to be so confident in your strategy that even if you had a 'bad year' you would still make some money.
consistency has no limits
I agree that hard work is very important in trading. But it doesn't give 100% success, the maximum is 80%. The rest is discipline, knowledge and of course luck. Only with all these factors in mind, a trader can become profitable and successful. Hard work alone won't give you all this.
ElliotCooke
从……加入成为会员 Jul 20, 2020
311个发言
Aug 04 2020 at 11:15
As a trader, I can say that you need both of them to become successful in this platform. Because only hard work can not bring success if you don't have luck. On the other hand, only luck can not make you successful without hard work. So, both are equally needed to become successful.
I think both play a factor in determining your role in trading.
从……加入成为会员 Aug 04, 2020
8个发言
I got lucky end of 2013 till 2014 August I made 7K to 162K and than luck fly from window. I lost in 9 days 85% of capital but I get lucky again and I let that pain transform myself to became better trader. So the question is how long time you want to stay in trading? if it is short period than you can rely on luck made money and with correct timing, you can take the money and run never look back. But if you want to be trader until end of your life, if trading is your thing, than you can not rely on luck because it comes and goes.
Here is the good news, if you are hard working even when you do not rely on luck, in anyway it helps to you even in magical way. For example they as to Warren, is luck important and he answer that 'I got lucky to born in USA, 4% chance and If I get Harvard I would never meet with Graham'
Everybody needs a little luck but it is better not lean on it.
Here is the good news, if you are hard working even when you do not rely on luck, in anyway it helps to you even in magical way. For example they as to Warren, is luck important and he answer that 'I got lucky to born in USA, 4% chance and If I get Harvard I would never meet with Graham'
Everybody needs a little luck but it is better not lean on it.