Do You need Luck in Forex ?

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Originally Posted by 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.

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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...

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Originally Posted by ssp reddy

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...

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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.

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Originally Posted by shahzad0able

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.

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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

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Originally Posted by shahzad0able

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.

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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

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

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Originally Posted by Ronak

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

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

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.

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Originally Posted by malik

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.............

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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.

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Originally Posted by shahzad0able

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.

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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.

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Originally Posted by 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.

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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...