Experience is the major factor in forex trade and it has a edge over luck as a experienced trader makes more profit in this market based on his knowledge and study rather than a lucky trader.Luck just plays some part.
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Experience is the major factor in forex trade and it has a edge over luck as a experienced trader makes more profit in this market based on his knowledge and study rather than a lucky trader.Luck just plays some part.
Luck is also a very important factor to success in any field, but to change the luck into good luck somehow can be possible by experience. I think experience can change the bad luck into good luck.
Very well said, the word good may be added to your luck if you have an experience otherwise there are a lot of chances that the word bad may be attached to your luck. Experience is such a great and unique thing that can not be purchased from any shop but it comes with the passage of time.
Experience is very important as if you have got good experience you can manage even bad market conditions, but if luck is with you it will be added advantage. I agree luck alone can help you win once or twice but not always.
I think so that luck is must better from experience because luck apka agar saath dey to ap boaht aagay ja sakty hen . me ney apny friends dekhay .hen jin k pass bohat knowledge hypr wo aibi tak successful nahi hovey.luck is soo best.
we need luck in gambling not in forex trading as it is not gambling. it is experience and proper knowledge which is counted in forex. and the trader who mainly depends on luck will surely blow his account today or tomorrow, no matter how much profit he generates.
Luck is important in the whole life But in Forex you also need Experince. Because forex is a business which require knowledge , money management and good analysis. These all are got by experince. If you rely on Luck in forex market then it will be considered gambling not trading.
Experience is the greater important tool compared to the luck in trading. Experience in trading helps us to take proper decision and luck will automatically follows such trader.