Do You need Luck in Forex ?

[prabowo]

along with knowledge and experience in trading you will also need luck for you and if you have knowledge and experience but your luck is not with you then it is not easy for you to get profit and I do not agree with the luck factor in currency trading. The luck factor only appears in gambling, so luck has no role in forex. Just know the trade, being able to interpret charts and that, just like doing what you know how to do, without looking for anything like luck.

[prajurit]

Of course. luck always whenever you want to open a trade. because your strategy is right but the market goes in the opposite direction we call it luck I don't support it. but when my strategy is wrong but the market moves in the same direction to make a profit we call it luck. So, luck is always needed. and I need great experience in technical analysis. But luck is too important. If the trade is successful and Luck fails, then our trade will explode. Besides more than good experience, then Luck and we have to learn Forex at all.

[naveed_ahmad6864]

There is no nee dof luck in any business Luck se app very short term results to ly saty ho lkin long term tk luck apka sath bhe nhi deti koi chez apke sath rehti hai to apki apni learning hoti hai ya phir apki apni skills or experience hota hai jo apki hmehsa se help krta rehta hai orr uspe bhrosa bhee kai jaa sakt ahai lkin luck py bhrosa nhi kia ja skta

[quraf]

Really true because someone needs to trade based on his knowledge and studies and then leave it to Luck to play his role and trade or the market to go towards you. But one cannot just rely on Luck and then trade. and my little friend asks you if we put a position on 10 pairs, with 5 pairs buying and selling 5 different pairs, by analysis, is this called wealth or good trading management

[zohaib1]

Dear friends luck is vary important in every field but in Forex trading business if we have knowledge and experience about trading then we survive in trading business if we don't practice and learn about trading we are not good trader so in Forex trading we can't only depends on luck we should work hard and practice on demo account then we are become good trader in real account and get some profit,

[resham]

Great opinion, bro. Instead of wasting time and money always investing in a chase that will give you knowledge and money. And forex is one of the best opportunities for us to invest. Here with simple capital, we can trade in large volumes that can give us more returns than other conventional businesses. here the luck factor can be ignored as I said before too. the right understanding and the appropriate trade will give us good results. and better market analysis is the key to success and the luck factor can be ignored. Someone might say luck is very important because all analysis will not be meaningful if unexpected events change market waves. But this might happen very rarely and moreover fortune also sided with the brave.

[husnul]

yes in every job we need luck if our luck is good than we can make big profits but besides that we do hard work in business, especially in forex because at all times we need to analyze the market and we always take knowledge about forex. so hard work and luck are equally important in forex than we will be successful and luck is needed for every business. forex is a trading business. to succeed trading requires luck. but only luck cannot make real progress. if a trader gets big profits from hearing he has good knowledge and experience about trading and the ability to make good investments.

[quraf]

I think in all businesses also need luck in forex but do not just rely on luck because the risk is very large, have to trade based on a good trading plan. and Sometimes when the market trend is not clear at all then a trader decides based on his own inference and here if the trader gets the same type of movement then he will get a profit so that Luck comes into play.

[madale]

Some people don't believe in luck but I believe in luck I think luck is everything for you but you try to do it. The forex market is a financial trading market and this market needs capital, education, luck and experience for you to be successful. and Traders If you want to test his luck in foreign exchange trading, to test his luck that it is a good technique and knowledge and a good place because they don't want to test with more opportunities here, me. We would advise him not to do it.

[fanue]

really true friend. just rely on luck and without effort to learn it is not possible to be served on forex. Forex requires the skills and experience required and only experience helps us to make good open trades at the right time. and It is a fact that traders who wait for luck to make them succeed get nothing but traders who struggle to be lucky in the end. We need to bring good luck not to wait for luck.