Luck is important

Apr 09, 2020 at 05:40
7,554 Paparan
154 Replies
Ahli sejak Feb 15, 2022   219 hantaran
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.
Ahli sejak Feb 15, 2022   219 hantaran
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.
Ahli sejak Feb 15, 2022   219 hantaran
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.
Ahli sejak Jul 23, 2020   869 hantaran
Dec 03, 2022 at 10:38
Reducing the number of losses that a trader usually suffer is the cardinal challenge faced by every trader.
Ahli sejak Mar 31, 2021   229 hantaran
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
Ahli sejak May 13, 2022   34 hantaran
Dec 14, 2022 at 10:57
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
Ahli sejak Dec 01, 2022   15 hantaran
Dec 14, 2022 at 22:04
Well Said
Five Hundred A Day, Will Take The Pain Away,
Ahli sejak Apr 03, 2021   470 hantaran
Dec 14, 2022 at 23:41
Let's take a small example, two drivers will go to one destination, one driver is ready to go without any preparation and relying upon luck, he no checks the brake, machine, or driver's license,.while another driver before to go already prepared all things, check the machine, brake and or driver license. The risk will be higher for drivers that go without preparation, maybe on the bumpy roads or there are police.
Ahli sejak Mar 21, 2022   47 hantaran
Dec 15, 2022 at 10:40
Luck may work in your real life but in trading, no trader is lucky enough. Fortune in the forex market is made only on the basis of your hard work, knowledge, and expertise. if you want to get lucky in the forex market then start working hard on upgrading your knowledge and skills.
 
Ahli sejak Mar 17, 2022   47 hantaran
Dec 16, 2022 at 06:26
Rococo_XVII posted:
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. 😄😄
Agreed. Only delusional people like to trust in luck. It’s either hard work or no money. Forex is technical, there’s no space for luck.
Ahli sejak Jan 21, 2022   57 hantaran
Dec 16, 2022 at 07:46
Afterpiece posted:
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
mismanagement can certainly lead to a crisis! I agree that hard work and constantly updating your knowledge is the best way to move ahead in the market.
Ahli sejak Mar 11, 2022   51 hantaran
Dec 16, 2022 at 10:41
Afterpiece posted:
Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.
I also believe that luck plays no role in trading. You can only reach the path of success when you work hard and maintain discipline. Those who rely on luck are simple gambling which can never be profitable in the long run.
Ahli sejak Mar 31, 2021   229 hantaran
Dec 23, 2022 at 15:17
Commonition posted:
Rococo_XVII posted:
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. 😄😄
Agreed. Only delusional people like to trust in luck. It’s either hard work or no money. Forex is technical, there’s no space for luck.

You know, luck may help you once. But not in the future. Without knowledge and skills, luck is nothing.
Think thrice before opening an order
Ahli sejak Nov 29, 2022   40 hantaran
Jan 02, 2023 at 09:29
Nope! Luck plays no role in forex trading because it is a skill-based activity that requires knowledge, discipline, and strategy. Forex traders make decisions based on market analysis and their understanding of market conditions, rather than relying on chance.
Ahli sejak Jun 26, 2020   327 hantaran
Jan 03, 2023 at 10:40
luck is very important if there no regular level of practice . so we have to focus on there first of all , otherwise trading can be useless.
Ahli sejak Sep 15, 2022   12 hantaran
Jan 20, 2023 at 11:48
Nickalus_16 posted:
In my opinion daily market analysis, practice, and consistency are more important.
Yes these are more imp than luck.
Ahli sejak Jan 31, 2023   21 hantaran
Jan 31, 2023 at 09:45
Nickalus_16 posted:
In my opinion daily market analysis, practice, and consistency are more important.
can not agree more with you :)
Trade what you see not what you think
Ahli sejak Mar 24, 2020   98 hantaran
Feb 01, 2023 at 16:29
Luck is important

But Luck is like hope,

There was a famous saying on the Liffe trading floor,

 There were two hopes---Bob and no hope. And Bob had just left town.

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Ahli sejak Aug 19, 2022   44 hantaran
Feb 02, 2023 at 20:41
Sometimes it seems to me that only the luckiest people are successful traders.
Make money with people who know how to make money.
Ahli sejak Mar 24, 2020   98 hantaran
Feb 04, 2023 at 00:16
Trust me Eric,

LUCK is not welcome in trading. as i mentioned above.


I wont waffle, you must stand back and look at the big picture, without a proven strategy----plan

YOU are just gambling nothing more and nothing less.

(you will blow up )
Not Specified
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