Do You need Luck in Forex ?

[nikhil]

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

[SG Trader]

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.

luck is only come from god, and reasonable if we are hoping have good luck in our trade,
but before it we must do a lot of effort in forex, that is our strategies or analysis. different if we are only depend by luck and not using analysis in our trade, it same as like gambling.

[kamla]

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....

[hiren]

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.

[hiren]

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.

[nikhil]

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

[nikhil]

For me its really not luck play in forex but it depend on forex skill of traders of his/her understanding . if there is luck play then why most of the newbie faced loss in forex. anyway it may luck help one or few times but without forex knowledge its not possible to servive long in forex

[Jazpa]

exactly correct friend . only depend on luck and without effort to learn its not possible to servive in forex . forex need skill and for this required experience and only experience help us to make open good trade in good time.

I think luck does matter too. Let us suppose trend is going down rapidly. And that will be the better time for us to make sell positions. And let us suppose we place stop loss after long hour of analysis. But in that very moment, trends can go higher rapidly leading us to face huge loss. So luck does matter in those conditions. We just can not let our plans and strategies determine everything.

[safeerforex]

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

han forex main luck kisi had tak involve ha es ki waja se akser traders kafi profit kamatey hane abb app bhi dekh lene jab app koi bhi trade open kartey hane jo k ghalat place ho jati ha yeni k sell ki jaga app bhol k buy kar letey ho ya es k ulat ho jata ha to phr bhi app ko profit ho jata ha to ye profithe app ko apni luck ki waja se he mila

[kamla]

exactly correct friend . only depend on luck and without effort to learn its not possible to servive in forex . forex need skill and for this required experience and only experience help us to make open good trade in good time.