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Do not depend of luck depend on you.

Discussion in 'Forex' started by shere0901, Feb 20, 2014.

  1. shere0901

    shere0901 Registered

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    Many trader depend on luck and open trade one by one without any reason. They depend on luck either the trade will go to profit or loss. I think it is bad practice and cause of loss. Before trading every trader need to learn and analysis before opening a trade. It is a business and there is a cause of increasing or decreasing the market. So why you will depend on luck?
     
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  3. Gaban

    Gaban Registered

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    I am not sure if we can rely on luck. given the very high risk of forex. What we need in forex is hard work not luck. Because luck is only 1% while the 99% is hard work. So that we can get profit from forex with hard work.
     
  4. uncle gober

    uncle gober Registered

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    Yes, We must depend on our knowledge, trading experience, tested strategy, good emotional control in order to win big in forex. Reading news is also very important actually. The news can affect the whole analysis we did.
     
    Last edited by a moderator: Feb 26, 2014
  5. Gaban

    Gaban Registered

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    of course, if we want to succeed in forex trading, then you should never depend on luck. Because forex it requires hard work. Therefore, I think we should always much to learn and practice trading. Take advantage of a demo account with either.
     
  6. nurfakih

    nurfakih Registered

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    I'm agree that 99% is from hardwork. Luck will not come to us everydays, it just occassionaly.
     
  7. Gaban

    Gaban Registered

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    of course, we can not expect good fortune every moment in forex trading. for that, we have to work hard to be able to get profit from forex trading. So we have to do a good trading analysis.
     
  8. kaito kid

    kaito kid Registered

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    We should not depend on luck in forex trading because it will make us get loss here. We will not get maximal profit. We need knowledge and skills to be able to trade in forex and earn money. Knowledge and skills will give us own luck in forex trading.
     
  9. uncle gober

    uncle gober Registered

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    It is very unwise of the forex trader to depend on the luck because it is not the luck in forex that will pay your bill, it is the good work that you have put together that will do this for you. This is why forex traders sould be careful of what they are doing in the market all the time because one day, they may have to prove it all.

    Let's Try : Myfxbook Autotrade - Choose a trading system and trust your funds to carefully picked strategy
     
  10. abory

    abory Registered

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    I do not like to trade in forex depends on luck. because the forex then we need to work hard to be able to get the maximum trading results so we have a lot to learn and practice trading. if you are familiar with Real Trade?
     
  11. uncle gober

    uncle gober Registered

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    Yes i think we can't only depend on the luck because i think in the forex trading if we have the good knowledge of the trading and good experience then we mange the risk in the trading so you will need to have depend on the skills of the trading and not depend on the luck all the time.

    Let's Try MYfxbook AutoTrade : Choose a trading system and trust your funds to carefully picked strategy
     
  12. abory

    abory Registered

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    in forex we indeed should not depend on luck trading. because luck only 1% while the 99% is hard work. to be successful in this business we have much to learn and practice forex trading because the risk is very high. If you want your capital back after a loss then you can join the insurance program trading of RealTrade
     
  13. uncle gober

    uncle gober Registered

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    Forex is not a lottery it is a online currency trading business. By the luck a person can win some some time but not every time. So for the success in forex you have to depend on you knowledge and experience and for aquiring those you have to give time here and have to do hard work. Then you can trade here by yourself.

    Let's Try Armada Demo Cup 2014 : Forex trading contest with 20 000 $ prize pool
     
  14. Gaban

    Gaban Registered

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    forex instead of gambling that only by profit-untungann. we need to have good trading skills to make trading analysis. So we can know what steps we should take, buy or sell. if we OP without analysis then we could suffer losses
     
  15. kaito kid

    kaito kid Registered

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    yes, we should not just rely on luck in doing forex trading, although luck was very decisive result of our trade, we must do our best to make it easier to trade benefit, we must make a good money management, we also have to implement appropriate systems and strategies, if all that we have done, then we are just waiting for the luck factor comes. use the opportunity to get insurance in forex with FBS Deposit Insurance
     
  16. Gaban

    Gaban Registered

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    to be successful in forex trading then we have to work hard to perform trading analysis. By working hard so we can get what is the purpose of our trading. to succeed never try to hope on luck. And can start trading by utilizing the bonus post from instaforex
     
  17. uncle gober

    uncle gober Registered

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    We should not depend on luck in forex trading because it will make us get loss here. We will not get maximal profit. We need knowledge and skills to be able to trade in forex and earn money. Knowledge and skills will give us own luck in forex trading. Let's Get 50$ Special Bonus : one click traders and plugin
     
  18. Gaban

    Gaban Registered

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    of course, we do not have to rely on luck, because it will only hinder our trading. Therefore, we must always rely on our own trading skills if we want to succeed in forex
     
  19. msmary

    msmary Registered

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    i think lucky is always a part for our trade . because sometime we depend on it. but if we learn more we can decrease lucky in trading
     
  20. kaito kid

    kaito kid Registered

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    We should analyze the charts deeply and thoroughly and then make a good plan according to the situation. If you trade in in a good manner then you do not need luck to get profit. You can also get profit by the help of your abilities.
     
  21. abory

    abory Registered

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    but we can not expect a fortune in forex. to be able to make a profit in forex we need to work hard and learn a lot in the demo account. Do you want your account minimalized of loss, so follow the trading insurance of RealTrade
     

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