Do You need Luck in Forex ?

[5starsabuj]

No i have not think that there is need luck to trading in Forex , i think that in here to trade in Forex need only the experience, If any one can operate with his experience he can be success full at trading ,
Expert man has think that there is no luck in life they belief that 99% is experience and only 1% is luck . So it is true that life can not depend on luck it depend on experience, who is expert to work he can won his job. So every body should be mind it.

[kissshore]

For making forex trading interesting reasons can be anything that can compel the mind of the trader to remain stick to the trade moves..! I am very rational and concerned about my capital investment and would not just trade on luck or not take it as game..!

[santos]

No luck in the forex market,i earn money in forex because i've experience and i've a reasonably good strategy,traders need good study before opening and closing all trades sometimes luck happened but i's very rare,therefore good analysis is the best way to make profits,we've not to depend on luck.

[golpo20]

occasionally you will need good fortune and also other situations people must industry as well as industry soon you find the complete trading strategy, being sure that you understand the way as well as when it's possible to industry as well as being sure that you understand exactly where as well as steps to make doing this will be by trading employing diverse techniques in which assist a whole lot.

[njoroge5]

we can't depend on luck in any kind of business, we only need knowledge and experience luck can't be the best friend which can save you all the time and you can't make consistent profits all the time by luck

thats very true, but I know people who really just relly on scalping and luck ,and to some extent they have been able to trade and know and understand trading and there are others who simply trade according to the market strategy.

[njoroge5]

sometimes you need luck and other times you need just to start and make money trading and trying to understand the whole trading options, the most understandable trading idea is when you know that you can trade and know how to trade and know the whole thing about trading.

[njoroge5]

sometimes you need luck and other times you just have to trade and trade until you get the whole trading consept, making sure that you know how and when you can trade and making sure that you know where and how to start doing so is by trading using different strategies that help a lot.

[kissshore]

Mostly Beginners depend on luck, but luck is not permanent..! You can hope for good luck and to continue to take risks, but it comes a time when it has merged all its deposit..! Luck usually ends it early..! So what better way to start trading in reliance on knowledge rather than on luck.

[sudsind]

the people who don't know much about forex and are trading just based on others calls or out of their intuition usually say that luck is needed, i accept that luck is needed everywhere but knowledge also matter, with a combination of luck and knowledge you can win big at the game

[riddick09]

this is a good questian.if we have good knowledge, good education, good analysis, a lot of experience but we don't have a luck,not only forex,every business needed this material.thanks

Yes, it will somehow helps to gain confidence in trading. But we should not always have it in all of our trades as we still need to depend on our analysis as we can only have luck if we have started to make an analysis and open a trade position.