Luck vs Experince.

[happyrichyyy]

That's true. And you better not in any case open a position when it's not favorable at all, in that way you are also testing your luck instead of your skill, like the trend ain't that clear yet but you still wanna open a position of up or down, you are only collecting experience of doing something unsure, which probably won't make you any profit at all, but you still win, then it is the luck that favors you.

[galaxy]

if you expect a profit by luck. then you are gambling. but if you profit in forex because of your experience. then you are a real forex trader

[aum]

Experience is much better if you learn from another traders experience. Learning from your own experience will mean that you would have made lots of losses in forex trading. If you learn from others experience like is shared on this forum, then you will avoid the mistakes that many older traders have made in forex.

[Arshad3]

umm.. I think you do need luck in forex trading but in a very low amount , because the majority of your success depends on your skill , control on your emotion , your money management and your experience . so in that case , luck has a little to do .. but yet it has... but without experience a person will be nothing in the market ..

[hendarto]

trading could we get lucky. but the most important thing is to do the best we can do, is studying in earnest. by learning from the experience will be faster to help improve the quality of trading. so that we can survive in the forex business.

[onbtavptbav]

I agree with you that luck will not be able to give us success in the life of our trade and we would be wise to do this trade with the analysis that we have and the skills we have developed

the luck can't offer us really a regular profit because if we win a day with luck the next days we will loss the amount invest and the profit !! so the experience and the practice is the best way to make a regulars profit from the forex markets !!

[shohel molla]

Some time depends it on luck.But others time it depends on your strategy.So you should make a good forex strategy for you.If you can done this then 90%trade come on.Thanks brother for share you post.

[bablu7832]

I think hard work and experience are required for becoming a successful trader but I think luck also has its importance.We are lucky to have forex business in our life,now luck part ends and our part begins.All we can do is work hard in forex, gain maximum experience and trade well.

[aum]

absolutely correct friend . if there is profit because of our analysis then its gives us more and more confidence and its step to become success in forex but if its for luck then there is great probabilty to loss in next trade . so its urgent to get experience and learning first .

[Lia]

I agree with you that luck will not be able to give us success in the life of our trade and we would be wise to do this trade with the analysis that we have and the skills we have developed

very true indeed we will not benefit just by relying on luck but we are working with the emotion and experience of our hard work so good luck and success will be on our side in the forex ....