Do You need Luck in Forex ?

[shibilyt]

in Forex more than LUCK you need basic skills that you learn from forums like these and other sites . because it is it which decides how well you can survive in trading .
luck can not bring you continuous victory . you should learn forex good and trade rather than believing on the luck shit.

[jai]

I agree with you. Luck factor is always important in trading but not so much important, the important things are knowledge and experience. You cannot earn every time due to just luck. You should prepare your self for trading by learning and get some experience on demo.

[jai]

You cannot fully depend on luck. Sometimes luck ki waja sy ap profit bna lyty hen but hr position main luck kam nhi ati. Luck sy zyada important cheez education and experience hy. Luck ki importance sy inkar nhi kea ja skta but luck k sahary trading nhi ki ja skti.

[motiurbd]

in this live we need some luck to support our bad day. i believe luck in forex but in small portion only, most of the profit we make is from our skill and experience.

Yes but whatever you do you cant do a thing to improve your luck? Can you?
So we should not worry about what cant be done.. The only thing we can do is learning.. to improve our trading skills.. this is the only way to be successful... otherwise depending on luck cant give us anything.. and dont forget only gamblers depend on their luck for earning..not traders..

[miracle]

in this live we need some luck to support our bad day. i believe luck in forex but in small portion only, most of the profit we make is from our skill and experience.

[bestlooser]

@aryan
yes I agree and basically both fundamental and technical are important this is what I have read too
we should know why both are important and how they actually work so we have to learn more about the economy of the country too which currency we are investing in..

[dmambi]

Technical and fundamental both are important to be successful in forex.So first improve your analytic skills and after that you won't need luck to win trades. You will make profits by using your analysis not your luck.Luck can bring some losses but analysis cannot

For me both are both luck and analysis equally important to make money in Forex trading .
But the thing is luck can not be controlled or improved, whereas analysis can be improved with continuous effort. So better to work on a thing which we can control and improve.

[realfun07]

yeah, luck works sometimes but not always in forex market.
Agar aapko forex market mein successful hona hai to luck jada mehnat ki jarurat hoti hai kyonki luck toh maan lo ek baar chal jayega ya do baar par har baar toh nahi chalega. So, if you had good technical skills,knowledge and analysis, then you may only successful in forex market.

Hard work is essential in this market.Study , analysis and constant learning is the key to success in this market.One must do everything right and then trade and at the end leave it in the hands of luck to play its part.

[bigearners]

True, luck never works on forex.For making profits in forex we have to lean both technical and fundamental analysis then we will refereed as pro traders and make our life happy.

yeah, luck works sometimes but not always in forex market.
Agar aapko forex market mein successful hona hai to luck jada mehnat ki jarurat hoti hai kyonki luck toh maan lo ek baar chal jayega ya do baar par har baar toh nahi chalega. So, if you had good technical skills,knowledge and analysis, then you may only successful in forex market.

[speedy]

If you depend on only luck, it will be very funny. You may can make 2x profit but it's not solution for long term trading. For this reason we all are here to share and gather experience and learn strategy. If you learn those thing and implement those thing i hope luck will be run behind you.

No one can refuse the importance of luck in our lives but here in forex we are doing a business and in a business rules are more important than luck so we should not deny the importance of luck but at the same time we should try to act according to forex rules.