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    Thread: Luck is important for success or experience? (2)

    1. #1
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      Default Luck is important for success or experience? (2)

      Both are important but don't depend on luck only depend on experience because luck doesn't work at all time and if you have a good experience you always have a chance to win many people only depend on luck which very dangerous for them .


      Original thread:
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      Last edited by Passionate Pisces; 08-09-2016 at 07:58 PM.


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      Many times we are getting profit luckily and then we can say that luck is favored us. Though forex success depends on our better trading ability, yet we cannot ignore the luck factor at all. After opening any trade with proper market analysis, if we see that the market is betraying us then we have nothing to do rather than blaming luck. Overall experience is more important than luck and experience has no any alternative to become a good and profitable trader.
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      Luck might be required Atimes expecially when mistakes that are grave are committed and then luck will Smile on one and still come our unhurt but with more gains within a very short moment of madness. It is not important and neither is it to be rely upon if one desire long term happiness 's luck is not a daily visitor but once in a while affair


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      We should not depend on luck in this business because if we depend on luck we cannot prosper this business.We need learning this business, because without learning no success comes to us.It happens most of the time that after learning this business we face loss because it is common.


    6. #5
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      According to me luck as well as experience is needed to get successful in the Forex trading business. There won't be luck always with us but we we have the experience then we can make the odds to work for us and if we have luck in our favour then it doesn't matter what but we will always be successful.


    7. #6
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      i see luck might be helpful at times, but it does not give consistent positive results. what would guarantee consistency is experience acquired via regular practice. the forex trader should earnestly seek for this experience instead of relying on luck.


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      You are not lucky all the time but you are lucky most of the time if you have good knowledge, experience and skill. You may get profit once by your luck but not all the time because forex is market of experienced and skilled persons. They can trader very well in this market you should rely on you knowledge


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      Don't rely on luck. It is bad to rely on luck. In my opinion, there is nothing we can do about luck. Forex is not a game, it is a real business where we need to depend on knowledge, skills and experience. When we have these 3 things, we easily make money.


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      I never ever believe that luck has a main role in success , all your needs in Forex to success is experience , skills and knowledge , any thing else will never guarantee successful , so focus on them and you will make a good results
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    12. #10
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      Actually, if you ever asked me to choose between luck and experience then my answers would be luck does not exist and I will go with experience because is most needed in this business. If you are lucky today then understand that you shall become unlucky for about 20 day, but if you are a good trader and losses today then you still have other days to become profitable.
      Today's mistakes are stepping stones full of knowledge that can help us overcome the stumbling blocks of tomorrow's challenges.

      My Trading Journal


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