Do You need Luck in Forex ?

[Mr. Tukul]

yeah...forex is all about depended on our sincere efforts and the knowledge...u can get some profit on the basis of luck but u cant make consistntly ..as for this knowledge and experience required

luck has little role in achieving profits in the forex business ...
but the expertise to analyze can take us generate profits continuously ...

[dario10099]

i think it doesn't matter that how much you can make i think if you make constant money every month and withdraw it every month it will be very good for any traders and for any body that he cant work and he can depend on the forex trading

[SG Trader]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

i think luck give something that negative. altough luck is there in this business but we must avoid feel that. luck in forex like gambling in casino. forex is not gambling. forex is a business

[Ronak]

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

yeah...forex is all about depended on our sincere efforts and the knowledge...u can get some profit on the basis of luck but u cant make consistntly ..as for this knowledge and experience required

[shahzad0able]

exactly sir,with luck we may earn,but we cannot be in market for long time...some times luck may give money,but luck doesn't give satisfaction...

Very well said, luck doesn't give satisfaction. You may get away with a few lucky trades on the basis of luck but in the long terms you need proper knowledge and experience to make consistent profit making trades out of forex market.

[ssp reddy]

If you depend on only luck, it will be very funny. You may can make 2x profit but it's not solution for long term trading. For this reason we all are here to share and gather experience and learn strategy. If you learn those thing and implement those thing i hope luck will be run behind you.

exactly sir,with luck we may earn,but we cannot be in market for long time...some times luck may give money,but luck doesn't give satisfaction...

[bigearners]

hard work and patience is need for success in any business..if are good learner than no need of luck into forex..cause u have confidence on urself so u juss believe in ur strategy only not in luck

@ronak
confidence and hard work plays vital role in anybody success. Without this you can't always win in forex market may be luck favor you few times but not always keep in mind.
Even, patience is also necessary with these things because without patience you are always in hurry and leads to big losses by greed emotion in forex market.
So according to me luck not much matter in forex market.

[SG Trader]

I choose the option that says that for the success of our forex requires a good knowledge and education about forex is not luck

i agree with your opinion, good knowledge and education are important in forex trading beside that experience in forex. if we just rely by luck, it not need any knowledge and experience, is very danger for any trader.

[sunil]

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.

[james]

bro you need brains in forex with luck you might able to do some profits but without analysis no chance of making profits ....so learn as much as you can