Do You need Luck in Forex ?

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Originally Posted by venom

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.

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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

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.

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Originally Posted by 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.

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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.

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Originally Posted by zoomfire

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.

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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

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.

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

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

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

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Originally Posted by 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

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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.

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.