Do You need Luck in Forex ?

[deepak]

People who are successful because he had a fortune in forex, there were only a handful. But, of course, that much success is because of the quality of trading. I think we should not be passive, expecting fortune fell from the sky, that is the hallmark of those who are lazy to work and think.

[100 to 1,000]

i think, Luck is needed but it comes at last level. I mean you need to go through the theory first. You must know each and every term used in forex trading like swap, lot size, scalping etc. Then find a good experienced trader and get some tips from him and apply those tips in your demo account. Try different strategies and the one you feel comfortable stick to that in your real account as well. First you need knowledge, then experience and then comes the luck factor. So, luck is important but only after you've done your homework.

this opinion that you have is a good one. i agree with you. luck can be considered as a factor in trading only after we
do all the necessary things like our technical analysis, our money management and the rest of the things. luck should
not be the main factor in trading.

[sarkerch]

I don�t agree with it�s a fraud idea rather you should practice more trade, open a position based on the analysis on the basis of indicators and hopefully correct our analysis. Then you easily earn money

[karina]

i expect in chance, but luck is not the hazard as mid western fill said its much equivalent of karma but on the opposites message, and i judge a undefeated trader has it we power not observance it but it has conception in our trade

[Dragon]

Luckiness, of course, it need to have for each trader. But i think that. Luckiness do not go with you. When you dicide to take part in trading, please be sure that beside luckiness you have some knowledge about this area.

[wahidaaa]

In my view the luck can favor us on one day or two but the permanent success in the forex totally depends upon the good trading system and good personal discipline and unless we are having these qualities luck will also not favor us.so in my view we must learn forex and do a lot of practice and then leave the rest to our luck and definitely the luck will going to favor us.

[dhiraj]

Little bit of luck is very good for trader. But luck is not only think that can make trader successful. So trader need to know about this market. and know about technical and fundamental analysis. Technical and fundamental analysis is very important.

[abdulahi]

i dont think someone need eny luck on forex market is not gamble thin that base on luck,is control by cuntry currency economic so you have to learn it not gamble with it

[deepak]

yup, effort to learning certainly is very important for the well result in this business.
even we must learning the new something altough we get good result in our trade. so we are who always making error and mistakes, must effort to learn and dont be lazy for it.

[challenger ab]

im intend to work in forex hard and not depending on any one or luck because the risks in ths business very danger and i accept the losing after trading hard but not accept loss after depending on luck or depending on recommend so im read more books and learn from experience how to survive in the market