Trading Luck - Page 72
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Thread: Trading Luck

  1. #1
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    Trading Luck

    Hello Everyone,

    I don't believe in traders being lucky, but there is a kind of luck which exist in forex trading and knowing some couple things and putting them to our trading account can give to us everlasting luck.


    . Hardwork : There is a quote by the greatest called Muhammed Ali
    I hated every minute of training, but I said, 'Don't quit. Suffer now and live the rest of your life as a champion.'
    That quote also applies to the way we trade in forex. Because if you choose to work hard today, learning and keeping to trading rules, risk and money management, you will experience some hard time but you will live the rest of your life a successful trader. So work hard and learn.

    . Discipline: This plays a vital role in how you trade, because, if you are not disciplined, nothing will work for you, you can't stick to money and risk management, you can't even stick to one trading strategy. I think discipline should be the first thing attainable by trader who wants the trader's luck. An indiscipline trader don't make use of stoploss hence they get Margin call every now and then

    In summary, if any of us wishes to be a lucky trader, DISCIPLINE and HARD work are the essential tool needed for such.

    Do you agree with me?

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  2. #711
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    Trading in the market takes a much lot more knowledge and then the understanding about how the trader can become profitable. Your luck in forex trading will have to be developed, that is also known as being successful we have the demo account where all learning can be done, there is no need to be in a hurry in accordance with the way we trade, just be consistent and then don't follow the wrong mindset in believing on luck.

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  3. #712
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    Some traders are believe on luck and some are not believe on it but reality is that luck is never help traders to make money because you are lucky when you join this business but your luck is not help you until you are learn this business well and make some good experience on it. If you learn well then you will be able to earn profit from forex with your luck.

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  4. #713
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    Learning forex trading, needs that we get to have all the quality trading skills and experience before we can make money from the market. There is nothing as luck, it is all about the trader building the understanding about the market which will help them become more profitable. The more the trader can learn then the more they can earn.

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  5. #714
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    We can trade with the right knowledge and get actualize success in forex. We will easily loose in Forex if we think that luck could guide us to profits. This is a business of high risk and so management of loss will be very good. Luck will fade away quickly but a good trading system will be available to guide you on your trade and help you make profitable results with the right management.

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  6. #715
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    Quote Originally Posted by Tonycee View Post
    We can trade with the right knowledge and get actualize success in forex. We will easily loose in Forex if we think that luck could guide us to profits. This is a business of high risk and so management of loss will be very good. Luck will fade away quickly but a good trading system will be available to guide you on your trade and help you make profitable results with the right management.
    That is true, there is no need to associate luck with forex trading market, as we have a lot of learning to be done. If the trader has been able to understand the market and then they know the process which they can trade with, learning will be the savior we can have. Well, there is such a way a trader could learn and then know how to handle the market, it will then seem as though the trader is being lucky.

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  7. #716
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    Quote Originally Posted by Lyon View Post
    That is true, there is no need to associate luck with forex trading market, as we have a lot of learning to be done. If the trader has been able to understand the market and then they know the process which they can trade with, learning will be the savior we can have. Well, there is such a way a trader could learn and then know how to handle the market, it will then seem as though the trader is being lucky.
    focus to what we see in market and what we think with our analysis are much better to do instead of looking for something different as luck. we can depend on our analysis from our strategy better than to luck. anyone who still thinking and consider that luck may give us profits sometimes, they're different kind of traders that has unique perspective and may have something different to treat like as their trading ideas.

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  8. #717
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    Depend on luck and then you shall not gain any thing from the market. But depend upon your trading ability and skills, your knowledge and practical implementations and then you should keep on developing. Forex trading ain't no games, but it is business, business of those who really wants to become way more profitable.

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