Luck is important

Apr 09, 2020 at 05:40
7,593 Views
154 Replies
Member Since Dec 14, 2021   28 posts
Feb 14, 2022 at 08:16
I believe that luck depends on the amount of hard work a person does. A trader can never be lucky enough to make consistent winning trades. Only the traders who work hard with consistency, patience and discipline will keep luck on their side.
Member Since Apr 03, 2021   470 posts
Feb 15, 2022 at 23:55
Luck sometimes work in trading but traders cant relying upon luck alone, they need knowledge and also skills trading to manage money in uncertain market condition, luck will never come every time, but knowledge will make luck often caught every time
Member Since Aug 10, 2021   178 posts
Feb 16, 2022 at 01:53
The most important thing in the Forex trading is experience, because experience is the most important in the Forex trading, and it also makes our work simple and easy, and we also understand the work or trading properly and well, so we should emphasize experience.
Member Since Jun 12, 2021   132 posts
Feb 16, 2022 at 11:07
market is really a volatile trading place and no one can predict the real faction of this market with certainly. this is true fact.
Member Since Sep 23, 2020   42 posts
Feb 18, 2022 at 12:26
Hardwork>>> Luck
Member Since Jan 21, 2022   57 posts
Feb 21, 2022 at 06:09
skihav posted:
Luck is not the most important ingredient for success. It is more important to pay attention to knowledge and experience. This is much more important for a trader.
I totally agree. One cannot solely rely on luck for making successful trades. Winning trades requires conducting proper technical and fundamental analysis and not making mere speculations or guesses.
Member Since Jun 19, 2020   38 posts
Feb 28, 2022 at 04:42
Market is risky and difficult to predict but that does not mean that only luck of a trader makes him successful. The hard work of a trader is equally or more important in getting the success.
Member Since Aug 10, 2021   178 posts
Mar 03, 2022 at 03:27
We can't say what is more important: luck or experience because both play an important role in everything we do. If you have sufficient experience and enhanced your trading skills but your luck is not with you, then you will not be successful in forex, but if you have sufficient experience but your luck is low, then your performance will not be good in forex. So both these things can play a role but in my opinion experience is more important.
Member Since Feb 16, 2022   119 posts
Mar 03, 2022 at 04:31
There is no point of denying your fate but sitting idle leaving everything on luck is all about foolishness. In your fate, the result of your working is written down. So, you will get what you do indeed. So, without relying on luck, start practicing more and more and hope your luck will be in favor of you.
Member Since Mar 19, 2021   9 posts
Mar 03, 2022 at 20:43
I can't agree that luck is important. All the situations when I relied on luck and even it was not in trading, I failed. Maybe I am so unlucky that I have never faced real luck, however as a rule people and traders as well have to rely only on themselves, their knowledge, skills and experience. These things are twice important than luck. Those ones who are lucky, can rely on luck, because they understand that luck is on their side and they can always apply to it when they require something. Nevertheless, the most part of people never rely on luck and rely only on themselves. It's a mandatory thing.
Member Since Mar 03, 2022   4 posts
Mar 03, 2022 at 22:51
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Member Since Feb 18, 2022   15 posts
Mar 11, 2022 at 07:29
I think that's what we make of situations. But luck is not something we should completely rely on because trading is purely hard work. If you have good skills, you can define your luck.
Member Since Feb 08, 2019   213 posts
Mar 11, 2022 at 08:35
Luck is something you need to be aware of but not important as it will eventually even out over time
Member Since Aug 17, 2022   39 posts
Aug 22, 2022 at 05:15
Luck is important but luck alone can't do anything. Your own knowledge, confidence and experience together with luck brings out the best results in trading and other things as well.
forex_trader_2983986
Member Since Aug 04, 2022   31 posts
Aug 22, 2022 at 06:23
All my time of trading and making profits Paying my bills in forex, There is nothing like luck but dedicated hardworks.
Member Since Aug 17, 2022   60 posts
Aug 22, 2022 at 12:02
In my opinion luck does not play an important role in trading. Only with the right strategy, knowledge and experience, traders can be successful.
Member Since Aug 17, 2022   45 posts
Aug 23, 2022 at 12:07
Ultimately, traders are attempting to forecast the future, and in my opinion, when it comes to trading, skills and experience are more important than luck. Luck rarely happens, so it is important for you to back up on your trading with skill and knowledge which can last forever.
Member Since Aug 17, 2022   80 posts
Aug 24, 2022 at 03:56
Rolexana posted:
luck is important in the short term but not in the long term. Luck may win your a trade or two but only a high quality strategy will make long term profits
Yes, I agree , Long term trading can be profitable only when you apply good knowledge and strategy and not rely on luck.
Member Since Jun 02, 2022   32 posts
Aug 24, 2022 at 06:59
Luck may or may not work but hard work will always get you results. Focus on the right thing and you will be there in no time.
Member Since Aug 08, 2022   20 posts
Aug 26, 2022 at 11:08
I think luck compounds for only 2% success, the rest 98% of success is hard work. Luck can let you win once or twice. But a hard world allows you to win in the long term.
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