Do You need Luck in Forex ?

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Originally Posted by arjun

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.

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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 .....

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.

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.

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.

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Originally Posted by alwi

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

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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

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

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Originally Posted by venkiaries61

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.

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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

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Originally Posted by dead

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

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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

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Originally Posted by anitagala124

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.

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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

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Originally Posted by Ronak

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...

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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