Do You need Luck in Forex ?

[arjun]

of course, but we should not always depend on luck.
we should always open a position based on the analysis, and hopefully correct our analysis.

[denira]

I choose the option that says that for the success of our forex requires a good knowledge and education about forex is not luck

I agree with your opinion because if we look at how economics then we will not see that we can trade only rely on pure luck but because a good understanding of forex knowledge

[medhat4forex]

I do not need luck in the forex at all, but I need a large experience in technical analysis and the necessary expertise in the application on the chart so you can profit

[pipsdragon]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

wow, luck? i think we need luck in all bussines, but luck is not easy come to us. how to get luck? we must find it by learning and practice.

[makjon]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

if we have good knowledge, good education, good analysis, a lot of experience but we don't have a luck,
it would also make us not lucky in trading

[anubhavsingh]

if we have good knowledge, good education, good analysis, a lot of experience but we don't have a luck,
it would also make us not lucky in trading

brother i think thoda bahut luck to chahiye hi hota hai trading me
baki sba cheeze apni jagah ekdum sahi hai lekin i think 1% hi sahi lekin luck ki zarurat har jagah padti hai..aur trading me to zarur padti hai

[mayengbam]

Nothing can replace hard work experience and knowledge. these are vital things to succeed. And luck also favors those who work hard.

[pipsdragon]

if we have good knowledge, good education, good analysis, a lot of experience but we don't have a luck,
it would also make us not lucky in trading

in my personal opinion, luck can we make with ours experience and knowledge. rather than trading like gambling, just wait luck come to us.

[zoomfire]

yes.in whatever job we go luck is fully needed.but we should not entirely depend upon luck.luck is just 1% in success of forex.
i dont believe that luck only entirely gives us success but luck is also needed for a trader to become a millionaire.

[dead]

yes.in whatever job we go luck is fully needed.but we should not entirely depend upon luck.luck is just 1% in success of forex.
i dont believe that luck only entirely gives us success but luck is also needed for a trader to become a millionaire.

I do not have the confidence to become successful just by relying on luck because I believe that we are good Traffic that can bring us good luck continuously

[soumen]

no . main l forex trading ke real trading me luck ko nehi manta hoon. par ha jo betting karte he uske liye betting thik he.
aur forex ko sikha jaye to luck apka harwaqt sath dega. to iske matlab he forex ke liye luck ka koi maine nehi he.

[alwi]

for me whatever it is that we still often to see the trade with revenge then we will experience a greater loss so not lucky

[s19]

forex me luck ni dimag ki jarurat hoti hai..saat me current new k saat bi update rhanaa chahiye...

agar aap ka knowledge acha hai to forex me luck khud hi ban jaayegaaa...

[Mr. Tukul]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

we do not need luck to succeed in forex ...
what we need is a proper analysis, if the proper analysis and correct, then I guarantee we will be in profit ...

[arjun]

we do not need luck to succeed in forex ...
what we need is a proper analysis, if the proper analysis and correct, then I guarantee we will be in profit ...

I think our analysis is not always appropriate,
because we only analyze the odds alone.
so surely there is a possibility of our analysis is not appropriate.

[pipsdragon]

we do not need luck to succeed in forex ...
what we need is a proper analysis, if the proper analysis and correct, then I guarantee we will be in profit ...

sometime luck is needed too, :lol. i think like that, but luck is not always come to us. so, do not use luck in forex.

[james]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............
well i would say a newbie would always beleive in luck when he is trading but as he learns from his mistakes he get experience and then he will say its not not luck but experience

[blackprince4u]

well i would say a newbie would always beleive in luck when he is trading but as he learns from his mistakes he get experience and then he will say its not not luck but experience

At first look they think that this is a game of luck because we have only two options Buy or Sell like head and tail.So they start to try their luck.After some time they realize that there are things like indicators and analysis that can help to win trades and luck is not needed at all.

[ghanchifarhan]

no need of luck.
from my view there is nothing like a luck.
we must use our mind and can understand stargazes of froex trade.
by watching this we can trade easily and earn more.

[dead]

no need of luck.
from my view there is nothing like a luck.
we must use our mind and can understand stargazes of froex trade.
by watching this we can trade easily and earn more.

what you say is true friend because if we always rely on luck or we will be lazy to learn because learning is the best way to gain an understanding of forex

[denira]

what you say is true friend because if we always rely on luck or we will be lazy to learn because learning is the best way to gain an understanding of forex

they can be like that, but let us not be too pocket on a fortune because it does not come at any moment and let us rely on the ability of the analysis

[arjun]

no need of luck.
from my view there is nothing like a luck.
we must use our mind and can understand stargazes of froex trade.
by watching this we can trade easily and earn more.

different from mine, I always hope to get lucky at the open position with a large lot. but it is always with me it was based on strong analysis.

[Mr. Tukul]

different from mine, I always hope to get lucky at the open position with a large lot. but it is always with me it was based on strong analysis.

I hope that too, but luck will not be forever ... so, I better learn to improve my trading skills ... because with a good skill we can consistently profit...

[Raja Krsnan]

I am not very lucky, but my assessments are correct most of the times and the only thing that works well for me is that I should not carry anything overnight. so I prefer to take some profits everyday home and catch the next day's trend later and then work on it.

[fravash]

i believe in luck, but luck is not the luck as western people said
its more like of karma but on the opposite direction, and i believe a successful trader has it
we might not notice it but it has part in our trade

[ganguly]

in forex, you does not need a luck...you just need to understand to forex market and also need to know what is the best time to trade a currency....and should not be greedy of making alot of profits in minutes..

[pipsdragon]

in forex, you does not need a luck...you just need to understand to forex market and also need to know what is the best time to trade a currency....and should not be greedy of making alot of profits in minutes..

think to making a lot of profit in minutes is the pshycologi of a gambler not a trader, and a gambler just use luck factor in their trading.

[vicky]

I also think it may luck sometime but i think it never help us to make continue profit and if we really depend on luck then i think it may go gambling and everyone know that forex is not gambling , its a result of hard work. anyway before some time i got help from luck but not may time . so its not good to depend on luck .

[fravash]

in forex, you does not need a luck...you just need to understand to forex market and also need to know what is the best time to trade a currency....and should not be greedy of making alot of profits in minutes..


think to making a lot of profit in minutes is the pshycologi of a gambler not a trader, and a gambler just use luck factor in their trading.

perhaps it doesnt always right brother, some famous trader only trader a few minutes daily then they go to vacation, this doesnt mean that they did a gambling, just a matter of timing, a few minutes on NFP time against few minutes in monday morning is different:)

[dead]

perhaps it doesnt always right brother, some famous trader only trader a few minutes daily then they go to vacation, this doesnt mean that they did a gambling, just a matter of timing, a few minutes on NFP time against few minutes in monday morning is different:)

when discussing the business of gambling is certainly not going to no end because I hold the view that the way of gambling will not bring profit to excessive

[vicky]

when discussing the business of gambling is certainly not going to no end because I hold the view that the way of gambling will not bring profit to excessive

I am agree with you because i think there is trick of gambling website from where you never able to make huge profit and think and my opinion it never a business and if we do then its only for entermaintant but forex is totally difference which is real business and we need learning to gain from this market.

[fravash]

when discussing the business of gambling is certainly not going to no end because I hold the view that the way of gambling will not bring profit to excessive
did i brother ? i didnt mention gambling business above:)

I am agree with you because i think there is trick of gambling website from where you never able to make huge profit and think and my opinion it never a business and if we do then its only for entermaintant but forex is totally difference which is real business and we need learning to gain from this market.
not only gambling site, some forex broker do the same, they fight against the trader, its more like a scam broker, not many thought

[Mr. Tukul]

when discussing the business of gambling is certainly not going to no end because I hold the view that the way of gambling will not bring profit to excessive

because forex is not gambling... in the forex is not necessary luck factor ...
in forex needed the ability to analyze price movements on ...

[ganguly]

I choose the option that says that for the success of our forex requires a good knowledge and education about forex is not luck

[arjun]

when discussing the business of gambling is certainly not going to no end because I hold the view that the way of gambling will not bring profit to excessive

indeed seems to gambling just makes us rich for a moment, did not last long.
and it is only for fun, and very hard to make the foundation of life.
dangat much different from the forex, which is a business that could generate money for life.

[cumil]

I choose the option that says that for the success of our forex requires a good knowledge and education about forex is not luck

yes i know it ... to make a profit in forex must use analysis .. but I need the luck so that I can succeed quickly ..

every night I prayed to God to always be fortune ...0=)

[vicky]

yes i know it ... to make a profit in forex must use analysis .. but I need the luck so that I can succeed quickly ..

every night I prayed to God to always be fortune ...0=)

I think if sometime luck help me then its others matter and no doubt its good for us but i think most of the time its not happen when forex is fully depend on good analysis . before when was newbie was though its depend on luck and whenever i lost i feel i am unlucky but now understood actually its not in forex.

[Mr. Tukul]

some time ago I hope to get lucky, so prices can be reversed but the fact is prices keep moving forward.
so I had a pretty big loss. indeed very dangerous if we expect too much luck.

That result, if trading without using a stop loss.
Sometimes the belief that too much can lead us toward the MC ...

[motiurbd]

Yes luck can help but you can control your luck...Nobody can... So you should not bother about anything what you cant control... Only gambler depends on his luck... But we can depend on something.. And that is our chart... So forget about luck and start working with your chart..

[anubhavsingh]

because forex is not gambling... in the forex is not necessary luck factor ...
in forex needed the ability to analyze price movements on ...

lekin kayi log forex ko gambling ki tarah hi karte hai
bina analysis ke aur bina trend ko predict kiye trade karna ek tarah se gambling hi hoti hai
aise log kismat pe zada bharosa rakghte hai jo ki bas 1-2 baar sath deti hai fir nahi

[unknownxxx]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............
I say that we need all of the above, because you cannot be correct in your prediction all the time. That's why we also need luck, especially me because I am just a beginner and I don't have enough knowledge in forex.

[vicky]

I say that we need all of the above, because you cannot be correct in your prediction all the time. That's why we also need luck, especially me because I am just a beginner and I don't have enough knowledge in forex.

Brother as a newbie you may think its need luck but trully saying although sometime it happen due to luck but its never happen most of the time. actually forex is totally depend on technical and fundamental analysis and if you do its well then sure there will be fruitful result which need experience also.

[venkiaries61]

I did not believe astrology and luck. The market is moving according to his norms or formula. If our analyze is correct, then we make profit. Otherwise, market reached stop loss. According to me, Luck is not at all in Forex.

[cumil]

I did not believe astrology and luck. The market is moving according to his norms or formula. If our analyze is correct, then we make profit. Otherwise, market reached stop loss. According to me, Luck is not at all in Forex.

good opinion... luck is not always on our side, sometimes we were saved by luck, sometimes we are lucky to get a profit, but if you geta loss of money then you should not say bad luck, .. admit a mistake not because of bad luck

[Mr. Tukul]

I did not believe astrology and luck. The market is moving according to his norms or formula. If our analyze is correct, then we make profit. Otherwise, market reached stop loss. According to me, Luck is not at all in Forex.

in all facets of life, I never believed astrology ... I just believe in god ...
but in forex, I believe in the market ... because the market was the one who can drive the price ...

[anubhavsingh]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

mere khayal se forex me luck ki bhi zarurat hopti hai lekin luck pe depend nahi raha ja sakta
luck ke alawa aapki studies aapke liye zada faydemand saabit ho saki hai..luck ke hisab se trade karna advisable nahi hota

[venkiaries61]

good opinion... luck is not always on our side, sometimes we were saved by luck, sometimes we are lucky to get a profit, but if you geta loss of money then you should not say bad luck, .. admit a mistake not because of bad luck


in all facets of life, I never believed astrology ... I just believe in god ...
but in forex, I believe in the market ... because the market was the one who can drive the price ...

Yes, all will think the same about this. Because, we are educated. Lets analyze the market and follow the trend. All the best for all those who are not believe luck. Try to understand the fact.

[fravash]

in all facets of life, I never believed astrology ... I just believe in god ...
but in forex, I believe in the market ... because the market was the one who can drive the price ...

somehow i believe that, astrology and all it kinds are part of religion, and religion, like or not are connected to god:p
i will not blindly let my trade based on market alone, cause there are many x factor in forex like mentality and mind control

[vicky]

I agree with you that it is important despite the fact kta not saying do not believe in luck is yet to learn the analysis and then we just turn everything on luck

i am fully agree with you brother. if we have proper knowledge and proper education then we able to make luck . actually i think luck depend on our skill of trading but if we depend on luck then i think its never give us consistent profit ever which may give one or two times only.

[preetksgill]

gambling and trading both need luck, in fact even dating needs luck. even with the best indicators and the best setup, and the best trend analysis if you take a good trade and the banks decide on sudden INTERVENTION your entire analysis goes to crap, your indicators fail to work sensibly and of course the trade goes nuts,.

[Mr. Tukul]

talk about luck, I feel it again today.
I experienced a loss when the position is pretty much because I do averanging loss,
prices suddenly reversed course, and I managed to get a profit.

so glad to be you ... always approachable advantage ...
because so far I am rarely in coming to the luck ...
I have to really analyze the new prices can get a profit .....

[Raja Krsnan]

I dont depend on luck while trading. Ofcourse, one gets lucky on certain days when the prices come on one's favor and bail us out of a difficult situation. If one takes calculated risk, the chances are one always gets what one wanted. here one cannot say that luck is the important factor.

[preetksgill]

I am not very lucky, but my assessments are correct most of the times and the only thing that works well for me is that I should not carry anything overnight. so I prefer to take some profits everyday home and catch the next day's trend later and then work on it.

[SG Trader]

my opinion, i dont need luck for my trade altough usually is there. luck is the end of our hopping. firstly we must use our strategy or your analysis. if you only depend by luck, you are gambling. and not adviced to trade in forex.

[SG Trader]

I agree with your opinion because that name somehow luck will not come up often in trade with us but only a few times and it does not guarantee you to succeed from this business

yeah, so dont think about luck, luck is the in the end our thinking.
i think many trader only depend on luck, is dangerous and can make your money will be lost

[preetksgill]

they can be like that, but let us not be too pocket on a fortune because it does not come at any moment and let us rely on the ability of the analysis

[cumil]

Yes, all will think the same about this. Because, we are educated. Lets analyze the market and follow the trend. All the best for all those who are not believe luck. Try to understand the fact.

if in fact could have luck then be thankful and do not get greedy, ..

many traders who do not think if the profit that he can come from luck, then he will repeat the thats luck .. but which in the end she/he'll only loss

[anubhavsingh]

what you say is true friend because if we always rely on luck or we will be lazy to learn because learning is the best way to gain an understanding of forex

me aapki baat se sehmat hon
lekin ekdum se luck ko side kar dena thik nahi..
forex me agar 95% aapki studies kaam karti hai to 5% luck ka bhi sath hona chahye

[SG Trader]

Well yes, that's what i have been driving at, when trading, it should never be based on luck, rather on what you believe in and what you have analyzed.

i agree with you, our analysis still in number one to make a decision in our trade. do not gambling with the market
we must believe with our analysis altought not 100% is exact

[denira]

90 percent on our work and 10 percent in our luck..if we have ability to make right analysis and such decision and have courage....then luck will always with us...

I agree with your opinion that the name somehow luck was very far from what we expect by chance alone is our master Traffic analysis is well and controlling your emotions well then that luck was on our side

[Victoryindia]

well main kahuaga kabhi kabhi luch ki zarurat hoti hai, kyunki kabhi kabhi apna tp ke 1 pips dur chalte jaata hai aur apne position em against chale jaata hai aur loss hota hai

[carimas888]

the traders always said that nothing to do with the luck, we must work hard to achieve what we want.only good analysis can help us in trading.

[Ganesh]

:) as always strategies and quick decisions and good analysis is the way for success in forex but sometimes when bad market issues are going on then i think tht this luck factorn is also a strong issue ( offcourse i dnt expect ppl to pray for profit's though :P ) :peace:

[siddesh]

i think not only in Forex business luck needs in every sector in our life's too. bcz we cant get anything which is not in our luck. we can just work for our wealth/goal but we only get which is selected for us. so we just focus on our jobs only, we will get what we deserve only.

[Ronak]

i think luck needs in forex but most of the depending on ur hard work , and sincere efforts..if u made trade without any mistakes than u will be in profit and u will feel tht luck is in ur favour .infact its a cause of ur proper money management and the right strategy

[carimas888]

luck is important but more important is proper knowledge.without proper knowledge luck will not faber.sometimes luck really helped but we cant control our luck.in forex we have create our own luck and need to learn how to do that but luck sometimes really mater.

[mayengbam]

better analysis of the market is the key to success and the luck factor is negligible. Someone may say luck is very important because all the analysis may go meaningless if a sudden unexpected incident change the market tide. But these may happen very rarely and moreover luck also favours the brave.

[Ganesh]

i think not only in Forex business luck needs in every sector in our life's too. bcz we cant get anything which is not in our luck. we can just work for our wealth/goal but we only get which is selected for us. so we just focus on our jobs only, we will get what we deserve only.
:) marvellous words used there buddy, now m having ahrd time to decide abt luck and strategy, lol'z juss kidding but do trust me you will get a lot from forex though if you got the right trade with the right insight to the trend and also the skill and then even you will start believing tht everything can be achieved not just depending on luck here:good:

[Victoryindia]

:) marvellous words used there buddy, now m having ahrd time to decide abt luck and strategy, lol'z juss kidding but do trust me you will get a lot from forex though if you got the right trade with the right insight to the trend and also the skill and then even you will start believing tht everything can be achieved not just depending on luck here:good:
ha bhai luck par depend wahi karte hai jo gambling karte hai aur jo luck par depend karta hai wo gambling hi karta hai trading nahi,

[Ganesh]

ha bhai luck par depend wahi karte hai jo gambling karte hai aur jo luck par depend karta hai wo gambling hi karta hai trading nahi,
:good: yeah mod right and also joh luck par depend rahenge forex mein fir unko mein yeh kehna chahunga ki baba log loss ke liye tayyar ho jao kyuki without proper attention and knowledge you will not make it long enough in this business:(

[diesel1984]

All you need is to multiply all the information about the Forex transactions.
You can continue to learn all the basic techniques and advanced on the Internet or from the experiences of seniors Forex Traders who you trust.
In Forex there is no 'cum laude', but it is how you can 'survive' in Forex transaction for better profit return...

[zoomfire]

better analysis of the market is the key to success and the luck factor is negligible. Someone may say luck is very important because all the analysis may go meaningless if a sudden unexpected incident change the market tide. But these may happen very rarely and moreover luck also favours the brave.

yeah luck factor is negligible. only gamblers and lazy persons see luck factor.real traders will do full analyses and does not consider luck.

[Ronak]

in my own opinon i will say this to any body that will like to here me out Gambling is a sin before God who made us.i will never be a Gambola but as for forex is not a sin becuse you will trade with your own money so i will take forex and not Gambling.
hmm..quite true coz most of trader found doin gambling coz they dont know much abt forex trading..luck is with us but not everytime...its like betting or doin trading without any restraint

[stefanusnicolas]

I think in the forex business fortune is also in need despite a small luck factor. but most importantly must be disciplined in our trading plan.
good luck keep profit. :happy:

[greenmedia]

Of course I need it.
Many things are influenced by factors that we do not understand.
But before too look forward to better luck we try first.

[mayengbam]

in my own opinon i will say this to any body that will like to here me out Gambling is a sin before God who made us.i will never be a Gambola but as for forex is not a sin becuse you will trade with your own money so i will take forex and not Gambling.

great opinion dude, Instead of wasting time and money its always to invest in a pursuit which will give you knowledge and money. And forex in one best opportunity for us to invest. Here with a modest capital we can do trade with a huge volume which may give us more return than any other conventional business. here luck factor is negligible as i had said earlier also. proper understanding and trading accordingly will bring us good results.

[forex@forex]

Trading for past few years general awareness , currency market analysis and trading signals helps a lot then simply playing in the market with luck :respect:

[diesel1984]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

forex must be analyzed (fundamental and technical) whereas gambling involves luck factor is greater. When we take a position in a trading ofcourse we will analyze it before either technical analysis (based on previous trade statistics) as well as fundamental analysis (news and economic indicators of a country). Forex can be said to be gambling if we open a position without doing the analysis first

[tegardp]

of course we need. but we're a trader not a gambler. gambler is someone who plays with their luck to gain profit and trader is someone who plays with their knowledge to gain profit

[Ronak]

luck dont have any basis that we can trust that we have profit..if we going to trade only considering luck than it seems to be foolish action..coz luck dont have base and if we have knowlege and experience than its more affectable tham luck

[carimas888]

lucky traders are skilled at creating and noticing opportunities, taking actions and listening to the intuition, holding on to positive expectations and adopting flexible approaches which transforms bad luck into success.

[realfun07]

Yes luck is also needed in Forex as in other fields of life but it is not only luck a trader can rely on.A trader needs to do all the hard work , studying and preparing charts , analyzing them , keeping them updated with news and using their skills and abilities to the best.After doing all this they need little luck to favor them and earn money from this trade.

[anubhavsingh]

Yes luck is also needed in Forex as in other fields of life but it is not only luck a trader can rely on.A trader needs to do all the hard work , studying and preparing charts , analyzing them , keeping them updated with news and using their skills and abilities to the best.After doing all this they need little luck to favor them and earn money from this trade.

luck ki bhi zarurat hoti hai forex me lekin luck se zada apn\ke analysis ng skilss aur money management ki zarurat hoti hai
luck ki zarurat to poori life hoti hai elkin iska matlab ye nahi ki hum apen zaruri kaam pe dhyaan na de..forex me sabse zaruri market ko analyse karna hota hai

[BojanHajdinjak]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

We can hear: "Who count on luck have to go into casino :). Success on forex depend on knowledge"
But luck can find someone who catch opportunity.
With bad luck any trader can loose a lot of money :) from many reasons.
With a lot of luck we can loss less money till we have enough trading skills, to find proper indicator,
to find proper trader like investor, to find proper and big investors like trader, to find proper
and profitable strategy, to find someone who will teach us and show us how to trade profitable, etc etc.
If we have luck volatility on market is generous for our trading style .....
So luck is wellcome in any case :)
If we have the best trading strategy and no luck and market is without volatility we cant
earn profit.

[Trade king]

In my opinion, luck has no any importance and role in huge business like 'forex'. Forex is not a gambling where luck matters. Forex is a legal business. It is very complicated business to do. We need extremely nice qualities and sound education to win in forex, not luck. Uneducated people can't do this business well. We also need to work very hard in this business to earn. In order to sustain well in forex we must not depend upon luck, we must only focus on our trade. Thus we can conclude that, forex is not the game of luck so we should only depend on our efforts.

[Ganesh]

I think in the forex business fortune is also in need despite a small luck factor. but most importantly must be disciplined in our trading plan.
good luck keep profit. :happy:
well but for me when ever i listen to luck takes to profit then it makes me think of gambling and the city las vegas ,lol'z, but really if you have a disciplined trading manner and perfect strategy then would you call it ur luck or ur smartness of ur brain's? well i will say that such things are created by us all not that some luck strikes in and without any attention or any parameters to help you are going to win, and if so happens then you might as well call it luck

[Ronak]

well but for me when ever i listen to luck takes to profit then it makes me think of gambling and the city las vegas ,lol'z, but really if you have a disciplined trading manner and perfect strategy then would you call it ur luck or ur smartness of ur brain's? well i will say that such things are created by us all not that some luck strikes in and without any attention or any parameters to help you are going to win, and if so happens then you might as well call it luck
Gambling and luck is look a like synonyms ..coz a trader who believe in luck will always trade with gambling and will put order without concerning strategy and analysis..and again make loss..we cant make profit constantly with gambling

[Ganesh]

Gambling and luck is look a like synonyms ..coz a trader who believe in luck will always trade with gambling and will put order without concerning strategy and analysis..and again make loss..we cant make profit constantly with gambling
well i think with gambling you can make profit not constantly but once in a while, and that too something like that to be considered in forex is like waiting for rains in the middle of summer :P coz forex is not like a lucky number to decide or a lucky pair of cards to decide the fate of our profits :D

[anubhavsingh]

of course, but we should not always depend on luck.
we should always open a position based on the analysis, and hopefully correct our analysis.

hamesha luck pe depend reh ke forex trading karna bahut hi risky ho jata hai
jo log sirf luck ke basis pe trading karet hai unke lioye profit se zada lsos hota haui...isliye har tarder ko analysis ke bad hi trading karni chahiye

[anubhavsingh]

That is why you should never place a trade without a stop loss because its like travelling in a two engine plane but with just one functional

bahut hi acha example diya hai bhai aapne
stop loss ko smajhna aur usek arna bahut h izaruri hota hai forex trading me kyunki stop loss aapke loss ko limited kar deta hai jsie aapka account kabhi bhi margin call nahi lag sakta
har tarer ko stop loss ka use karna chahiye

[Rohail]

luck is just like a bounce in all kinds of jobs, if you have a lucky day you can have good profit no matter you are expert or newbie but you can not survive at just luck, experience and skills are the real key to success, at unlucky days you can only escape from losses by using your skills and your experience otherwise you could be loose a lot.
so try to develop your skills and improve your experience.

[gosians]

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.

[bestlooser]

yes 4 me if I am lucky then I can make quick money and if I am not lucky then I have to wait and wait for longer so yes luck will make my progress quick and overall I do not depend in luck as I do not take risk and I think we should not depend on totally on luck because always luck will not fever you. some times you will be lucky but not all the time because forex will not work on our wishes

[Ronak]

yes 4 me if I am lucky then I can make quick money and if I am not lucky then I have to wait and wait for longer so yes luck will make my progress quick and overall I do not depend in luck as I do not take risk and I think we should not depend on totally on luck because always luck will not fever you. some times you will be lucky but not all the time because forex will not work on our wishes
luck factor doesnt not always with us..ts better to have effort and courage in forex trading..so u should learn proper risk management and strategy for good trading...dont depended on luck always

[shahzad0able]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

Luck is needed but it comes at last level. I mean you need to go through the theory first. You must know each and every term used in forex trading like swap, lot size, scalping etc. Then find a good experienced trader and get some tips from him and apply those tips in your demo account. Try different strategies and the one you feel comfortable stick to that in your real account as well.
First you need knowledge, then experience and then comes the luck factor. So, luck is important but only after you've done your homework.

[Ganesh]

yes 4 me if I am lucky then I can make quick money and if I am not lucky then I have to wait and wait for longer so yes luck will make my progress quick and overall I do not depend in luck as I do not take risk and I think we should not depend on totally on luck because always luck will not fever you. some times you will be lucky but not all the time because forex will not work on our wishes
aisa nahi hai bhai, aap ka luck hai isliye aap ka profit hota hai aisa nahi hai, aap ka profit hota hai kyuki aap na knowledge and understanding about forex utna hota hai isliye hota hai , and luck can be something that will be with someone who has made a big jack pot in a lottery or a gamble, trust me forex is way to different than all that.

[carimas888]

in my opinion, luck plays it’s role, whether good or bad, in forex trading. things happen, both beyond our control and outside one’s knowledge, which nevertheless influence the trading.

[gosians]

Luck is needed but it comes at last level. I mean you need to go through the theory first. You must know each and every term used in forex trading like swap, lot size, scalping etc. Then find a good experienced trader and get some tips from him and apply those tips in your demo account. Try different strategies and the one you feel comfortable stick to that in your real account as well.
First you need knowledge, then experience and then comes the luck factor. So, luck is important but only after you've done your homework.

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.

[imbest]

I think luck is not related with demo account. You really don't care in demo trading. Luck is needed when you will be trading in real account. No doubt, you would have mad good analysis but luck is needed to favour your analysis.

[sanjeev]

aggree...i keep believe and faith that luck was makes rules in our lives
when we are kind to people then the fortune will be in our arms...so keep kind and nice to others dude...start like giving me some money to trade ...lol (just kidding dude/no serious)

[Jazpa]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............
I think perfect education is all that we need than any chances of luck. Luck has nothing to do with our trade. If we let our trade in hands of luck then we better be losing. We will never gain in those situations. It is just a myth that our luck determines our trade. But in reality our skills, education, controlling power determines what kind of trader we are going to be future.

[rubigul]

in my opinion, luck plays it’s role, whether good or bad, in forex trading. things happen, both beyond our control and outside one’s knowledge, which nevertheless influence the trading.
yes i agree with you that luck is very important in any field of your life but in forex trading it's more important when you suffering fr4om loss, but must gain adequate knowledge about trading to get more profit.

[Ganesh]

yes i agree with you that luck is very important in any field of your life but in forex trading it's more important when you suffering fr4om loss, but must gain adequate knowledge about trading to get more profit.
well if you are loosing then its the reason that you are not using sl or hedging, i dont think that luck can help you in this case :P and yeah you are right there that if you have adequate knowledge then you wont believe in this luck and all specially in forex trade.

[loserbynature]

Luck dunya ki har field may bohat he important hay par forex aik aisi field hay jahan kabhi kabhi analysis bhi wrong ho jata hay so luck ka hona forex may kaafi important hay. Mujhay luck ki bohat zarorat hay forex may.

[anubhavsingh]

yes 4 me if I am lucky then I can make quick money and if I am not lucky then I have to wait and wait for longer so yes luck will make my progress quick and overall I do not depend in luck as I do not take risk and I think we should not depend on totally on luck because always luck will not fever you. some times you will be lucky but not all the time because forex will not work on our wishes

forex me aisa nahi hai bhai
forex me quick money ke liye luck se zada mehnat k izarurat padti hai
jitna aap forex me analysis aur study akroge utna zada pasia kama paoge
luck bhi thdoa bahut saath deta hai lekin sabse zada zarurart mehnat ki hoti hai

[SG Trader]

yes i agree with you that luck is very important in any field of your life but in forex trading it's more important when you suffering fr4om loss, but must gain adequate knowledge about trading to get more profit.

luck is important but we must need luck after we do a wrong analysis when OP, so i think you mus use your analysis firstly dont directly trade with luck, because is very danger, like a gambling.

[Ronak]

I think perfect education is all that we need than any chances of luck. Luck has nothing to do with our trade. If we let our trade in hands of luck then we better be losing. We will never gain in those situations. It is just a myth that our luck determines our trade. But in reality our skills, education, controlling power determines what kind of trader we are going to be future.

gooood...luck is the factor that we should not trust while doin forex..if we trading only considering luck than it wil be resulted in loss..so better to make good strategy and gain good knowledge ..so itss helps to make effiecient trading..

[mbiut]

gooood...luck is the factor that we should not trust while doin forex..if we trading only considering luck than it wil be resulted in loss..so better to make good strategy and gain good knowledge ..so itss helps to make effiecient trading..
I think luck was in need but do not trade based on the fortune should be based on good analysis. because if you're lucky by only including gambling. :)))

[imbest]

I think luck was in need but do not trade based on the fortune should be based on good analysis. because if you're lucky by only including gambling. :)))

Luck is need but you can't depend on it and have to make some good analysis and then just leave it. If your analysis is right you will get your reward. Don't just trust on luck blindly.

[sanjeev]

These two things are very difficult to get when you see negative floating balance. There you have to be patient if you think, the strategy is going to give you desired results. Trades hitting SL will wipe your calmness and peac

[jai]

I know many people who believes Forex trading is all gambling i don't know why they have that impression of the market

[sachin]

Luck is not key factor in forex market. News also can not affect forex market. The only way to success in this high risk forex market is to follow the trend and take small profits in every trade. Do not become greedy and you will be successful. News affect for only certain time period while trend trading is more profitable.

[denira]

Luck is not key factor in forex market. News also can not affect forex market. The only way to success in this high risk forex market is to follow the trend and take small profits in every trade. Do not become greedy and you will be successful. News affect for only certain time period while trend trading is more profitable.

no success of this business if you rely on luck because luck is only a temporary and forex needs people who have a strong desire to learn and understand the market well

[netra]

from my view there is nothing like a luck.
we must use our mind and can understand stargazes of froex trade.
by watching this we can trade easily and earn more.

[akshayfuriya]

seems to me less fortunate on Friday yesterday, as news makes all the loss of my position.
I can not analyze the news, so I open a position based on luck.
how about you?

[BojanHajdinjak]

What we surely dont need is BAD LUCK :)
With bad luck anyone can blow an account.

[Mr. Tukul]

What we surely dont need is BAD LUCK :)
With bad luck anyone can blow an account.

I never expected to run into bad luck ... even though it might have happened to me ...
to solve it, of course I had to prepare a good strategy in my trade, so I do not just rely on luck factor ...

[Ronak]

हां, लेकिन हम हमेशा भाग्य पर निर्भर नहीं करना चाहिए.
हम हमेशा एक विश्लेषण के आधार पर स्थिति को खोलने चाहिए, और उम्मीद है कि हमारे विश्लेषण सही.

yeah...luck factor is not influence our trading but our analysis does...if u made good analysis and right strategy ,then u wil be sucess and there is no need of luck in thiss.

[waheedpcc]

Luck is not key factor in forex market. News also can not affect forex market. The only way to success in this high risk forex market is to follow the trend and take small profits in every trade. Do not become greedy and you will be successful. News affect for only certain time period while trend trading is more profitable.

although luck is not he key of success but some time we see that luck actually work for us and that`s totally amazing.
once on of my friend do trade with high lot size and in the end he actually win 100 pips with any analysis

[SG Trader]

What we surely dont need is BAD LUCK :)
With bad luck anyone can blow an account.

of course, a trader certainly hoping good luck in their trade, usually this think there when a trader getting loss and only can resigned

[ssp reddy]

sir,first of all we must have technical knowledge..we never try to depend on luck..because hardwork can replace luck,but luck cannot replace hardwork..:)

[blackprince4u]

sir,first of all we must have technical knowledge..we never try to depend on luck..because hardwork can replace luck,but luck cannot replace hardwork..:)

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

[SG Trader]

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

yeah, our analysis must be do firstly in our trade, luck only our ending hoping.
when we are resigned with our transaction in forex, usually we are hope a luck, and i dont know is right or not

[chirayu]

what you say is true friend because if we always rely on luck or we will be lazy to learn because learning is the best way to gain an understanding of forex

they can be like that, but let us not be too pocket on a fortune because it does not come at any moment and let us rely on the ability of the analysis

[ssp reddy]

yes sir,what you said is obviously correct...for forex we need good education not luck...until and unless we r good in forex education,we cann,t be a good trader

[ssp reddy]

yeah,even we are good at forex education,we need some luck.some times luck is necessary even for any good trader...:)

[Ronak]

yes sir,what you said is obviously correct...for forex we need good education not luck...until and unless we r good in forex education,we cann,t be a good trader

right said....good knowledge and experience hi hamein forex mein sucesss bana sakte hai aur forex mein luck pe depend rakhne se kai muskeli aa sakti hai so u should always depend on ur hard work not luck

[SG Trader]

yes sir,what you said is obviously correct...for forex we need good education not luck...until and unless we r good in forex education,we cann,t be a good trader

of course, good education is inportant in forex. we must improve our knowledge is technical analysis and fundamental which to be successful trader in the next time.

[s19]

pahle me forex me belive nahi krtaa ta..but ab krtaa hu..agar aap ka luck achaa ho to aap ek hi din me lakho kamaa sakte ho or buraa ho to.......

but hame luck k saat saat apni learnig or skill pr jyda belive krna cahhiye..

[sunil]

I choose the option that says that for the success of our forex requires a good knowledge and education about forex is not luck

[angakhoo]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

smart people always lose by a lucky guy.
but we also should not rely on luck alone

[bigearners]

According to me, luck matter in an every business, either that may be forex trading or any other business but luck not always work.
We need to do hard work and keep practice to become successful in forex market.
May be, you consider the fact that luck works for you one open trade position, may be twice or particular day. But not for next next day so that not work everyday so better to do hard work that key for success.

[Ronak]

According to me, luck matter in an every business, either that may be forex trading or any other business but luck not always work.
We need to do hard work and keep practice to become successful in forex market.
May be, you consider the fact that luck works for you one open trade position, may be twice or particular day. But not for next next day so that not work everyday so better to do hard work that key for success.

hard work and patience is need for success in any business..if are good learner than no need of luck into forex..cause u have confidence on urself so u juss believe in ur strategy only not in luck

[realfun07]

smart people always lose by a lucky guy.
but we also should not rely on luck alone

I do not agree that smart people ALWAYS loose to a lucky guy.If a person is lucky and relies only on luck , he can win only few times if he is feeling lucky and does not have any knowledge or skills in this trade where as a smart trade might loose some trades as he was not lucky but will always emerge as the winner in the end.

[ssp reddy]

in my point of view both are needed for success in everywhere Luck + knowledge, experience & practice

ya you are absolute correct rohi ji,even though we are good at knowledge,we must have some luck...first of all knowledge is must..then we can see check our luck

my dear friends,while trading make complete analysis of the market and trade..I request you to not bliendly trade...if you are blindly trading means you are depending on luck,then it leads to losses...the first factor for losses is depending on luck

[shaonmra]

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.

[james]

bro you need brains in forex with luck you might able to do some profits but without analysis no chance of making profits ....so learn as much as you can

[sunil]

Well yes, that's what i have been driving at, when trading, it should never be based on luck, rather on what you believe in and what you have analyzed.

[SG Trader]

I choose the option that says that for the success of our forex requires a good knowledge and education about forex is not luck

i agree with your opinion, good knowledge and education are important in forex trading beside that experience in forex. if we just rely by luck, it not need any knowledge and experience, is very danger for any trader.

[bigearners]

hard work and patience is need for success in any business..if are good learner than no need of luck into forex..cause u have confidence on urself so u juss believe in ur strategy only not in luck

@ronak
confidence and hard work plays vital role in anybody success. Without this you can't always win in forex market may be luck favor you few times but not always keep in mind.
Even, patience is also necessary with these things because without patience you are always in hurry and leads to big losses by greed emotion in forex market.
So according to me luck not much matter in forex market.

[ssp reddy]

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.

exactly sir,with luck we may earn,but we cannot be in market for long time...some times luck may give money,but luck doesn't give satisfaction...

[shahzad0able]

exactly sir,with luck we may earn,but we cannot be in market for long time...some times luck may give money,but luck doesn't give satisfaction...

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

[Ronak]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

yeah...forex is all about depended on our sincere efforts and the knowledge...u can get some profit on the basis of luck but u cant make consistntly ..as for this knowledge and experience required

[SG Trader]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

i think luck give something that negative. altough luck is there in this business but we must avoid feel that. luck in forex like gambling in casino. forex is not gambling. forex is a business

[dario10099]

i think it doesn't matter that how much you can make i think if you make constant money every month and withdraw it every month it will be very good for any traders and for any body that he cant work and he can depend on the forex trading

[Mr. Tukul]

yeah...forex is all about depended on our sincere efforts and the knowledge...u can get some profit on the basis of luck but u cant make consistntly ..as for this knowledge and experience required

luck has little role in achieving profits in the forex business ...
but the expertise to analyze can take us generate profits continuously ...

[ishvara]

I do not like the luck factor in anything in life. I usually believe that when a man works hard, they will definitely get paid with profits. I will never choose to trade with luck because it will not last forever.

[nuh514]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

Both luck and talent play important role in the success of a trader. Luck also equally important for the success. I think luck matters in almost all fields and its importance can not be denied.

[gosians]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

Yeah you are very right. I think you need to prepare you fully with knowledge and experience and then luck will automatically will be with you. Luck ki base pe ap kuch positions main tu profit kma skty hen but hr position main ap lucky nahi hoty.

[ssp reddy]

I do not like the luck factor in anything in life. I usually believe that when a man works hard, they will definitely get paid with profits. I will never choose to trade with luck because it will not last forever.

yes my dear,you are correct...i like the best quality in you i.e believing on hard work..the more work you do,the more profit you get...luck does't keep in market for long time,where as hard work keeps you for long time in the market...

[sunil]

I know many people who believes Forex trading is all gambling i don't know why they have that impression of the market

[SG Trader]

I do not like the luck factor in anything in life. I usually believe that when a man works hard, they will definitely get paid with profits. I will never choose to trade with luck because it will not last forever.

very agree with you, we shoud to work hard and work smart to do anything ,
especially trading in forex market. we should not to expect the luck.

[shahzad0able]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

mera khayal hay kay luck factor sab say last may asaar andaaz hota hay. sab say pehlay aap ko knowledge hona cheay phir os knowledge ko istimaal ker kay aap tajruba hasil karain or phir or os tajrabay ki bunyaad per aap mehnaat karain. tab jaa ker end may luck factor aata hay.

[ssp reddy]

wow, luck? i think we need luck in all bussines, but luck is not easy come to us. how to get luck? we must find it by learning and practice.

firstly we have to learn,then practize on what we have learnt...we get experience on daily practising...we never bother about luck,if we are good at knowledge and good experience,then luck will automatically follow us

[rafy]

correct, the trader can not rely on luck, that should be done is the analysis, but I admit, I also hope luck is always present

[Ronak]

correct, the trader can not rely on luck, that should be done is the analysis, but I admit, I also hope luck is always present

i think who rely on the luck is only do gambeling...we should depended on our own efforts and knowledge not the luck ..there should be luck but not more than our experience and good knowledge

[akshayfuriya]

That is why you should never place a trade without a stop loss because its like travelling in a two engine plane but with just one functional

[netra]

Well yes, that's what i have been driving at, when trading, it should never be based on luck, rather on what you believe in and what you have analyzed.

[gosians]

i think who rely on the luck is only do gambeling...we should depended on our own efforts and knowledge not the luck ..there should be luck but not more than our experience and good knowledge

Right, we need strong luck in gambling but its not play an important role in forex trading. Forex trading main jo sb sy important chezen hen wo learning aur apka experience hy han kuch positions main hum luck k bhrosy profit bna skty hen.

[netra]

aggree...i keep believe and faith that luck was makes rules in our lives
when we are kind to people then the fortune will be in our arms...so keep kind and nice to others dude...start like giving me some money to trade ...lol (just kidding dude/no serious)

I think luck is not related with demo account. You really don't care in demo trading. Luck is needed when you will be trading in real account. No doubt, you would have mad good analysis but luck is needed to favour your analysis.

[venkiaries61]

I think luck is not related with demo account. You really don't care in demo trading. Luck is needed when you will be trading in real account. No doubt, you would have mad good analysis but luck is needed to favour your analysis.

I think, luck is not a factor in Forex. We may try hard to get experience. and we may get profit according to our experience. So, don't worry about luck. concentrate on trading. Let us discuss.

[shahzad0able]

i think who rely on the luck is only do gambeling...we should depended on our own efforts and knowledge not the luck ..there should be luck but not more than our experience and good knowledge

bilkul sahi kaha jo banda abhi sirf luck per trade kerta hay wo gambling kerta hay. luck factor zaroor hota hay laykin sab say pehlay knowledge or phir experience ziada value rakhta hay. agr aap sahi knowledge lay ker trade karaingay to automatically lucky ho jaengay

[rajesh]

Luck is need but you can't depend on it and have to make some good analysis and then just leave it. If your analysis is right you will get your reward. Don't just trust on luck blindly.

[ketan]

Yes luck is also needed in Forex as in other fields of life but it is not only luck a trader can rely on.A trader needs to do all the hard work , studying and preparing charts , analyzing them , keeping them updated with news and using their skills and abilities to the best.After doing all this they need little luck to favor them and earn money from this trade.

[vikas]

No, forex does not depend on luck, even if someone trade fore as, his/her chance of win will less than chance of lost. So forex required a lot of knowledge to be profitable

[aniket]

as always strategies and quick decisions and good analysis is the way for success in forex but sometimes when bad market issues are going on then i think tht this luck factorn is also a strong issue ( offcourse i dnt expect ppl to pray for profit's though :P )

[aniket]

marvellous words used there buddy, now m having ahrd time to decide abt luck and strategy, lol'z juss kidding but do trust me you will get a lot from forex though if you got the right trade with the right insight to the trend and also the skill and then even you will start believing tht everything can be achieved not just depending on luck here

[aniket]

luck par depend rahenge forex mein fir unko mein yeh kehna chahunga ki baba log loss ke liye tayyar ho jao kyuki without proper attention and knowledge you will not make it long enough in this business

[aniket]

hamesha luck pe depend reh ke forex trading karna bahut hi risky ho jata hai
jo log sirf luck ke basis pe trading karet hai unke lioye profit se zada lsos hota haui...isliye har tarder ko analysis ke bad hi trading karni chahiye

well i think with gambling you can make profit not constantly but once in a while, and that too something like that to be considered in forex is like waiting for rains in the middle of summer :P coz forex is not like a lucky number to decide or a lucky pair of cards to decide the fate of our profits

[aniket]

Gambling and luck is look a like synonyms ..coz a trader who believe in luck will always trade with gambling and will put order without concerning strategy and analysis..and again make loss..we cant make profit constantly with gambling

well but for me when ever i listen to luck takes to profit then it makes me think of gambling and the city las vegas ,lol'z, but really if you have a disciplined trading manner and perfect strategy then would you call it ur luck or ur smartness of ur brain's? well i will say that such things are created by us all not that some luck strikes in and without any attention or any parameters to help you are going to win, and if so happens then you might as well call it luck

[hotshotboyz]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

Of-course we need luck when we are in forex market. But luck is not the only way to gain profit from forex. We also need the good and bad experience and good strategy technique to be a REAL MILLIONAIRE!

[aniket]

Luck dunya ki har field may bohat he important hay par forex aik aisi field hay jahan kabhi kabhi analysis bhi wrong ho jata hay so luck ka hona forex may kaafi important hay. Mujhay luck ki bohat zarorat hay forex may.

well if you are loosing then its the reason that you are not using sl or hedging, i dont think that luck can help you in this case :P and yeah you are right there that if you have adequate knowledge then you wont believe in this luck and all specially in forex trade.

[aniket]

in my opinion, luck plays it’s role, whether good or bad, in forex trading. things happen, both beyond our control and outside one’s knowledge, which nevertheless influence the trading.

aisa nahi hai bhai, aap ka luck hai isliye aap ka profit hota hai aisa nahi hai, aap ka profit hota hai kyuki aap na knowledge and understanding about forex utna hota hai isliye hota hai , and luck can be something that will be with someone who has made a big jack pot in a lottery or a gamble, trust me forex is way to different than all that.

[SG Trader]

We shouldn't believe in lucks in forex trading while its go against of us in maximum time. Better we should do our trades with logic. We should execute our orders on the base of two types of analysis. This will bring better result than the impact of luck.

yeah, we should to use our analysis, fundamental and technical. we choose one of them.
dont trade with luck like gambling because is very dangerous and certainly make your account will loss quickly.

[Ronak]

yeah, we should to use our analysis, fundamental and technical. we choose one of them.
dont trade with luck like gambling because is very dangerous and certainly make your account will loss quickly.
if we trading like gambeling then it wil be dangerous for our capital. . It can wiped out our whole capital. . .so always wiling to trade on the basis of your knowledge and experience . .

[SG Trader]

if we trading like gambeling then it wil be dangerous for our capital. . It can wiped out our whole capital. . .so always wiling to trade on the basis of your knowledge and experience . .

of course, trading like gambling is not good for everytrader, but it still there a trader do that. usually a trader who have a little knowledge about forex and not use their analysis, their only hoping the luck. its very pathetic condition.

[waheedpcc]

of course, trading like gambling is not good for everytrader, but it still there a trader do that. usually a trader who have a little knowledge about forex and not use their analysis, their only hoping the luck. its very pathetic condition.

yes this element or urge mostly i find in novice trader they come in this market with big wishes and low quality of knowledge and then they gone
I think that the one who think that trading is gambling just making his self fool

[keset]

if we trading like gambeling then it wil be dangerous for our capital. . It can wiped out our whole capital. . .so always wiling to trade on the basis of your knowledge and experience . .
really should be trading based on the analysis and our strategy is good. and do not just rely on luck because like gambling..

[waheedpcc]

really should be trading based on the analysis and our strategy is good. and do not just rely on luck because like gambling..

Gambling is the habit of bad trader and i think better to avoid as you can, to make your trade good of course make good analysis but more then that select best pai of currencies abut them you have knowledge

[Mr. Tukul]

yeah, we should to use our analysis, fundamental and technical. we choose one of them.
dont trade with luck like gambling because is very dangerous and certainly make your account will loss quickly.

we will not gamble if we know where we are the type of trader ...
if we are a technical trader, then we will be more use of charts to analyze ...
if we fundamentals trader, then we will wait for news release before entering the market ...

[venkiaries61]

of course, trading like gambling is not good for everytrader, but it still there a trader do that. usually a trader who have a little knowledge about forex and not use their analysis, their only hoping the luck. its very pathetic condition.

Yes, i agree with you. In Forex, we should do trading. and don't try to gamble. It surely revenge on your funds. Try to trade and not believe gambling and luck. Let us discuss.

[netra]

yeah, so dont think about luck, luck is the in the end our thinking.
i think many trader only depend on luck, is dangerous and can make your money will be lost

[netra]

my opinion, i dont need luck for my trade altough usually is there. luck is the end of our hopping. firstly we must use our strategy or your analysis. if you only depend by luck, you are gambling. and not adviced to trade in forex.

[james]

yeah, so dont think about luck, luck is the in the end our thinking.
i think many trader only depend on luck, is dangerous and can make your money will be lost

bro dont you think we might need that little bit of luck at 1st to boost our confidence as a new bie.....because as a mewbie 1st thing is that you require some motivation and you only get motivated when you get profit

[netra]

i agree with you, our analysis still in number one to make a decision in our trade. do not gambling with the market
we must believe with our analysis altought not 100% is exact

[SG Trader]

we will not gamble if we know where we are the type of trader ...
if we are a technical trader, then we will be more use of charts to analyze ...
if we fundamentals trader, then we will wait for news release before entering the market ...

yeah, you are right.. , if we know about the technical and fundamental analysis and seriously to learn abou it, we will not gamble.
but still there a trader was know but their do a gambling in their trade.

[vikas]

I also think it may luck sometime but i think it never help us to make continue profit and if we really depend on luck then i think it may go gambling and everyone know that forex is not gambling , its a result of hard work. anyway before some time i got help from luck but not may time . so its not good to depend on luck .

[vikas]

because forex is not gambling... in the forex is not necessary luck factor ...
in forex needed the ability to analyze price movements on ...

I am agree with you because i think there is trick of gambling website from where you never able to make huge profit and think and my opinion it never a business and if we do then its only for entermaintant but forex is totally difference which is real business and we need learning to gain from this market.

[vikas]

I think if sometime luck help me then its others matter and no doubt its good for us but i think most of the time its not happen when forex is fully depend on good analysis . before when was newbie was though its depend on luck and whenever i lost i feel i am unlucky but now understood actually its not in forex.

[vikas]

I did not believe astrology and luck. The market is moving according to his norms or formula. If our analyze is correct, then we make profit. Otherwise, market reached stop loss. According to me, Luck is not at all in Forex.

Brother as a newbie you may think its need luck but trully saying although sometime it happen due to luck but its never happen most of the time. actually forex is totally depend on technical and fundamental analysis and if you do its well then sure there will be fruitful result which need experience also.

[vikas]

gambling and trading both need luck, in fact even dating needs luck. even with the best indicators and the best setup, and the best trend analysis if you take a good trade and the banks decide on sudden INTERVENTION your entire analysis goes to crap, your indicators fail to work sensibly and of course the trade goes nuts,.

i am fully agree with you brother. if we have proper knowledge and proper education then we able to make luck . actually i think luck depend on our skill of trading but if we depend on luck then i think its never give us consistent profit ever which may give one or two times only.

[rohi]

i believe in luck. mere khayal se education, practice aur knowledge tu must han forex trading ma pr saath ma luck ka b buhat important kardar hota ha. bcz some time aapka experience, fundamental aur technical experience kehta ha ke ye pair iss time fully selling signal de raha ha tu aap expericen aur knowledge ki roshni ma oss pair ko sell kar daite ho but achanak unexpected koi aisi news aa jati ha ke pair opposite direction ma move kar jata ha tu ya aapki bad luck howi......

[trijay]

luck only limited expectations only, not including trading systems, fear of losing money is normal, so the trader must always learn, all businesses have a long learning process, could not immediately successful, let's take the learning process in a spirit

[waheedpcc]

luck only limited expectations only, not including trading systems, fear of losing money is normal, so the trader must always learn, all businesses have a long learning process, could not immediately successful, let's take the learning process in a spirit
han luck k to aik hed tk kam kerta i think 99% ap ki trading skills kam kerte hain or aik percent kam kerta ha apka luck so andza to he ho jata luck itna important nehe ha jitna k kam ko dediction

[100c�]

No never mein kabhi bhi luck per believe nahi karta. forex is always depend on you strategy and your analysis which you apply during your trading. Luck and panoti is nothing in forex. If you are confident on your analysis and strategy then you will never lose your courage and money.

[nikhil_rrane]

i think 100% luck aur 100% trading streategy chahiye. yaneki jab luck work nahi karega tab treading streategy work karegi. LUCK is a factor but stop loss use kiya to uski jaroorat nahi padti.

[keset]

I think in all businesses also need luck in the forex but do not just rely on luck because the risk is very large, should be trading based on a good trading plan. .

[Ronak]

I think in all businesses also need luck in the forex but do not just rely on luck because the risk is very large, should be trading based on a good trading plan. .

yeah/..you are right..because forex is not only depended on luck factor only ...we should makes the real efforts and hard work for achieve success..so dont rely on luck only.

[venkiaries61]

yeah/..you are right..because forex is not only depended on luck factor only ...we should makes the real efforts and hard work for achieve success..so dont rely on luck only.

Yes, i agree with you. We must do hard work in Forex. If we believe on luck. then, we hesitate to work. so, its better to leave such foolish things. and concentrate on trades.

[s19]

along with knowledge and experience in trading you will also need some luck in your favour and if you have knowledge and experience but your luck is not with you then it will be not easy for you to earn profit
sorry friend i am not agree with you but i belive in luck also..
mein manta hu ki luck hamesha hamra saat nahi detaa hai...wo jydaa se jydaa 2-10-100 time apnaa saat degaa..but experience and knowledge hameshaa apne saat hai.
ham jab tk forex me rahege ye dono hamesha kaam aayegi. and i belive that knowledge and experience more then luck

[trijay]

can not count on luck, all should be with the analysis, the novice will experience a margin call, and will keep the spirit of learning, making the evaluation, so that trading in the future, the better and profitable

[ketan]

i believe in luck, but luck is not the luck as western people said
its more like of karma but on the opposite direction, and i believe a successful trader has it
we might not notice it but it has part in our trade

[ketan]

perhaps it doesnt always right brother, some famous trader only trader a few minutes daily then they go to vacation, this doesnt mean that they did a gambling, just a matter of timing, a few minutes on NFP time against few minutes in monday morning is different

[ketan]

not only gambling site, some forex broker do the same, they fight against the trader, its more like a scam broker, not many thought

[keset]

I think if you're lucky just based forex trading then you will definitely like gambling and loss, should be trading based on the analysis, a good trading plan. :)

[nuh514]

No never mein kabhi bhi luck per believe nahi karta. forex is always depend on you strategy and your analysis which you apply during your trading. Luck and panoti is nothing in forex. If you are confident on your analysis and strategy then you will never lose your courage and money.

How can you say that there is no luck involved in forex trading. Luck is part and parcel of forex trading and no one can deny its importance as even the most experienced lose their money when luck is not helping him.

[venkiaries61]

How can you say that there is no luck involved in forex trading. Luck is part and parcel of forex trading and no one can deny its importance as even the most experienced lose their money when luck is not helping him.

I think, if we lose in position. We should have to improve analysis. We should understand the fact. I agree with you, luck is involved in Forex. But, luck is not the major factor. If you believe luck alone, then you should loss. so, its better to learn all important things which is related to Forex.

[trijay]

luck does not always come, so do not fully expect luck will come, you must believe in the analysis, so it gets the profit, profit 20 pips a day, if I can be consistent, it is good, sometimes I can not wait for signals from my trading system, and then I turn off computer, and observe the price movements an hour later

[ketan]

somehow i believe that, astrology and all it kinds are part of religion, and religion, like or not are connected to god
i will not blindly let my trade based on market alone, cause there are many x factor in forex like mentality and mind control

[Mr. Tukul]

Yes the luck is secondary factor in forex trading and primary factor is your skills, knowledge and hard work. If you will do better in primary stage the secondary will be automatically in your favor.

luck only a small factor in the forex ...
but I agree if there is no luck factor, but only slightly ...
analysis as well as any we will surely fail as well ...
for example at the time of buy, all indicators have pointed to buy ... but once you buy, the price was actually down ... means you are not lucky ...

[nsawork]

luck only a small factor in the forex ...
but I agree if there is no luck factor, but only slightly ...
analysis as well as any we will surely fail as well ...
for example at the time of buy, all indicators have pointed to buy ... but once you buy, the price was actually down ... means you are not lucky ...

Sometimes when the market trends are not clear at all then a trader decides based on his own inference and here if the trader gets the same kind of movements then he would be in profits so the Luck comes into play.

This is the Luck factor in the Forex trading and we have to understand this .

[Ronak]

I think, if we lose in position. We should have to improve analysis. We should understand the fact. I agree with you, luck is involved in Forex. But, luck is not the major factor. If you believe luck alone, then you should loss. so, its better to learn all important things which is related to Forex.
we shoulld not depended on luck only...because if we trade on luck based then it will call gambeling because there will not be money management or analysis so better to trade with good knowledge and experience ...

[bestlooser]

every needs luck not only in forex in all departments of life but luck is not dependable so we can not rely or depend on luck because some time luck will favors us and some will not favor us. so in that case we can be in real trouble. so just depend on your luck as low as you can.

[waheedpcc]

Bohot se log sochate hain yaar is business age rluuck ap k sath ho to paise kama sekte ho lekan mein nehe manta ye aik business ha real paisun ka to is ko seriousmlena he chahye

[unknownxxx]

luck is neede in every aspects of life. but we must not depend on it. we can be lucky even if we are a newbie or a long time experienced trader. but we must also learn to analyze forex and learn it, because if we become a good trader, then we may not need luck most of the time because we can predict with a high percentage success.

[aniket]

yeah luck factor is negligible. only gamblers and lazy persons see luck factor.real traders will do full analyses and does not consider luck.

[hiren]

i think it doesn't matter that how much you can make i think if you make constant money every month and withdraw it every month it will be very good for any traders and for any body that he cant work and he can depend on the forex trading

[YJSP]

Some people say luck is needed for success in forex trading. While some believe in forex education and knowledge, and they say only experience, techniques and strategy and trading plane can win in forex trading.

What do you say.............

We can trade several trades in luck, especially at the beginning of forex trading, we may be lucky. But I think if a trader wants to profit consistently, luck is not enough.Luch is not always there, and if you believe luck, normally we will lose contril of ourselves.

[kim chiu]

I need luck in forex because I am still a new trader. I'm just beginning and learning in this forum. And I am practicing in demo account. I am lucky in my trading because I get profit in my trading practice. But they say real trading is different so I must not be content in luck, I must work hard too, to learn more about forex trading.

[speedy]

Of course luck is something that is needed in all the fields of life. Every body wants to be a luckiest man of the world. As far as forex trading is related, luck is an additional to our skills because sometimes our analysis fails but we win a trade just due to our luck.

[WORLDEMO1]

Luck comes after you do your analysis and carry on your positions. If you don't have good luck,you can create it by learning and patience.

[hiren]

no need of luck.
from my view there is nothing like a luck.
we must use our mind and can understand stargazes of froex trade.
by watching this we can trade easily and earn more.

[kamla]

well if you are loosing then its the reason that you are not using sl or hedging, i dont think that luck can help you in this case :P and yeah you are right there that if you have adequate knowledge then you wont believe in this luck and all specially in forex trade.

yes i agree with you that luck is very important in any field of your life but in forex trading it's more important when you suffering fr4om loss, but must gain adequate knowledge about trading to get more profit.

[dmambi]

I too feel luck is needed in making money in Forex trading, because whatever hard work and analysis we make sometimes we fail, so if luck is there with us we may not enter such trades and prevent loss.

[cumil]

I need luck in forex because I am still a new trader. I'm just beginning and learning in this forum. And I am practicing in demo account. I am lucky in my trading because I get profit in my trading practice. But they say real trading is different so I must not be content in luck, I must work hard too, to learn more about forex trading.

oh no, you need to learn not luck, do not be hasty to make money with this business, you need a lot of experience to be analyze properly, not based on luck

[kamla]

Luck is needed but it comes at last level. I mean you need to go through the theory first. You must know each and every term used in forex trading like swap, lot size, scalping etc. Then find a good experienced trader and get some tips from him and apply those tips in your demo account. Try different strategies and the one you feel comfortable stick to that in your real account as well.
First you need knowledge, then experience and then comes the luck factor. So, luck is important but only after you've done your homework.

[kamla]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

[kamla]

Luck is need but you can't depend on it and have to make some good analysis and then just leave it. If your analysis is right you will get your reward. Don't just trust on luck blindly.

bilkul sahi kaha jo banda abhi sirf luck per trade kerta hay wo gambling kerta hay. luck factor zaroor hota hay laykin sab say pehlay knowledge or phir experience ziada value rakhta hay. agr aap sahi knowledge lay ker trade karaingay to automatically lucky ho jaengay

[kamla]

firstly we have to learn,then practize on what we have learnt...we get experience on daily practising...we never bother about luck,if we are good at knowledge and good experience,then luck will automatically follow us

mera khayal hay kay luck factor sab say last may asaar andaaz hota hay. sab say pehlay aap ko knowledge hona cheay phir os knowledge ko istimaal ker kay aap tajruba hasil karain or phir or os tajrabay ki bunyaad per aap mehnaat karain. tab jaa ker end may luck factor aata hay.

[sasa0220]

Luck is not important in forex since forex is not anything like gambling. If you can analyze the market and identify the entry and exit that is good enough to trade in the forex market .

[Mr. Tukul]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

yeah, with any luck we will not last long in the forex business ... because luck can not generate profits consistently ...
whereas if we are expert in doing the analysis, then the profit that we can get it consistently ...

[nikhil_rrane]

Luck is not important in forex since forex is not anything like gambling. If you can analyze the market and identify the entry and exit that is good enough to trade in the forex market .
Yes you are right but in the forex market at any time there may be strong reversal from any position at that time support and resistances do not work. At that time we need luck, as we are not able to retain the profit or stop loss get triggered.

[nikhil]

no . main l forex trading ke real trading me luck ko nehi manta hoon. par ha jo betting karte he uske liye betting thik he.
aur forex ko sikha jaye to luck apka harwaqt sath dega. to iske matlab he forex ke liye luck ka koi maine nehi he.

[patil]

हां, लेकिन हम हमेशा भाग्य पर निर्भर नहीं करना चाहिए.
हम हमेशा एक विश्लेषण के आधार पर स्थिति को खोलने चाहिए, और उम्मीद है कि हमारे विश्लेषण सही.

[patil]

मैं सिर्फ भाग्य पर भरोसा करके सफल हो जाते हैं विश्वास नहीं है क्योंकि मुझे विश्वास है कि हम अच्छे यातायात है कि हमें अच्छी किस्मत लगातार ला सकता है

[dmambi]

ya we should not always depend on luck for profit because luck will not be always with you if you only depend on luck then it will be very difficult for you to survive in the market

It is true that we should not depend on luck, and depend more on our analysis and news. But along with all this if we little bit of luck in our side i feel it is very good to make profit.

[nicofx]

I think we should be in the business of forex trading tradingplan based on good analysis so that we are not simply based on luck. but sometimes luck is also needed. :accute:

[s19]

I think we should be in the business of forex trading tradingplan based on good analysis so that we are not simply based on luck. but sometimes luck is also needed. :accute:
i think luck give us cofidence. but there is one thing that need more then luck. exprience, if you have good exprience then no need of luck. luck become with your expreince, hardwork.

[SG Trader]

I think we should be in the business of forex trading tradingplan based on good analysis so that we are not simply based on luck. but sometimes luck is also needed. :accute:

you are true friend, as a trader we should not just hoping luck, analysis firstly by our trading plan, if we have a wrong decision we'll allow hoping a luck :yahoo:

[rajib]

yes , some times it makes true that Forex some times need you luck . but if you analysis the market and after that you decide to trade, i think it is so much risk free for your account. if your analysis is wrong you must support your luck.

[SG Trader]

I don't agree in the luck factor in trading currencies. Luck factor comes only into gambling, so luck has no role in forex. Just know the trade, be able to interprete the charts and it, just like doing what you know how to do, without seeking anything like luck.

i agree with your opinion, i think also luck faktor is no role in forex trading. we trading using analysis and good startegy so avoid the luck factor altough sometime there in forex, but we should not just hoping with luck

[ali1011]

of course, but we should not always depend on luck. if we have good knowledge, good education, good analysis, a lot of experience but we don't have a luck,but sometime you should luck and sometime not.

[zoomfire]

of course, but we should not always depend on luck. if we have good knowledge, good education, good analysis, a lot of experience but we don't have a luck,but sometime you should luck and sometime not.

yes believing only luck is of no use.We shouldnt depend on it.If we have good knowledge ,analyses then luck will favor us.Only a gambler fully depends on luck.

[james]

yes believing only luck is of no use.We shouldnt depend on it.If we have good knowledge ,analyses then luck will favor us.Only a gambler fully depends on luck.

ya but a newbie will always depend on luck beacause when you are new u dont know much abt forex .....but i gues you need a little bit of luck sometimes when open a wrong positions

[patil]

मैं 100% भाग्य और 100% व्यापार streategy चाहिए लगता है. yaneki प्रहार भाग्य काम नहीं करेगा streategy काम चल karegi टैब. किस्मत एक कारक है, लेकिन बंद करो हानि उसकी jaroorat nahi padti करने के लिए उपयोग किया है.

[vineet]

luck only limited expectations only, not including trading systems, fear of losing money is normal, so the trader must always learn, all businesses have a long learning process, could not immediately successful, let's take the learning process in a spirit

[vineet]

luck does not always come, so do not fully expect luck will come, you must believe in the analysis, so it gets the profit, profit 20 pips a day, if I can be consistent, it is good, sometimes I can not wait for signals from my trading system, and then I turn off computer, and observe the price movements an hour later

[vineet]

can not count on luck, all should be with the analysis, the novice will experience a margin call, and will keep the spirit of learning, making the evaluation, so that trading in the future, the better and profitable

[SG Trader]

can not count on luck, all should be with the analysis, the novice will experience a margin call, and will keep the spirit of learning, making the evaluation, so that trading in the future, the better and profitable

right friend, analysis and strategies is important in forex than we just hoping with luck.
if we just rely with luck, i think you can profit for some day and get loss very much in the next day.

[dmambi]

One should do his analysis and trade according to the money management suitable to his account then luck will do it's part.
Without doing our part of duty simply rely on Luck means it won't be helpful in any way.