Successful traders don't rely on luck

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  • #1 Collapse

    Successful traders don't rely on luck
    To be a success forex trader we must never depend on luck to earn big profit. A good forex trader will be able to achieve a great success with depend on their trading knowledge and discipline to money management. With depend on luck trader can not get consistent profit and will not be able to survive in long term to reach success.
     
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  • #2 Collapse

    luck based trading cannot be excepted in forex trading business. luck cannot ever help us at all to get success in this business. in this business successful traders always trade here based upon their knowledge, skill and experience. they never depend upon luck here.
       
    • #3 Collapse

      Yes it is 100 percent true that any successful traders never depend upon their luck. They depend upon God and on their experiences. Those who will depend upon their luck they must fail in the trading. It is very much interesting that expert traders only enjoy their learning and earn a lot of profit. But novice traders only will get loss and loss.
         
      • #4 Collapse

        It is very true that successful forex trader do not really rely on luck because they believe in hard work and they also know of that luck as far as the forex business is concerned is your greatest enemy because it will make you see the forex business as a gambling business
           
        • #5 Collapse

          it's true that it's good for trade we do with the knowledge and skills that we have and do not expect good fortune to come to us and it is not good for our trade and maybe we will be able to be a good trader if we could do with skill or expertise to trade that we have ..
          good luck ..
             
          • #6 Collapse

            Yes exactly Successful traders don't rely on luck and the successful traders they always believe to make their own luck and also we all the traders should have to understand it and also we all the traders should have to agree to make my own luck and fortune and which is never betray and it is very much important for all of the traders...
               
            • #7 Collapse

              That's totally right, the experts and full time traders do have too much to lose at this business because they don't trade small money and that's why they have to be sure at least 80% that the trade they are about to open will make money and that is also why they don't rely on luck because luck won't get you profit.
                 
              • #8 Collapse

                In the long run luck can not help a trader to make profit and a trader can not make consistent profit only relying on luck. So he must acquire some skill and build up effective strategy for getting profit as it is admitted all over the hand that successful trader don't even think of luck for making profit.
                   
                • #9 Collapse

                  If someone wants to rely on luck I can suggest him to go Las Vegas. Forex is not a game of luck. I have never seen someone who wins regularly because of his luck. I know many people who doesn't want to learn Forex because they think traders don't trade but tests their luck in Forex. Everyone has to know that Forex is not a game.
                     
                  • #10 Collapse

                    hm, if the trading activity is passed by the full time, maybe it will make the trader will be quickly exhausted. and the influence of the analysis will also have problems, brother. I think is needed is to look at the moment, it is related to the opening session of the market. so there is time to make decisions that occur price movement and volume.
                       
                    • #11 Collapse

                      Yes friend in Forex business luck has no role to play as luck is important only for gamblers but Forex is a pure business so here we can succeed only by using our own knowledge and experiences.We need to work hard and learn all about Forex properly and never try to gamble or trade blindly without any proper planning and analysis in market.We must take Forex business very seriously.
                         
                      • #12 Collapse

                        I think luck is going to be very good if we get every day, but in this trade is not every day we will get lucky and be able to trade with good results, so we should also require a lot of experience. Success or failure of a trader is often not seen how detailed or expert he mastered market term or indicators, or how good he is to analyze the market, but who is able to profit as much as he was a successful trader. And it can only be achieved with a lot of experience. And experience that can only be obtained if he do directly
                           
                        • #13 Collapse

                          You are right. Don't rely on luck. Don't even consider it when you trade. THis is not gambling. Forex is a legit business and you need knowledge, skills as well as experience in order to succeed. Don't think that you can be lucky all the time. If you want to be successful, trade properly.
                             
                          • #14 Collapse

                            Successful traders do not rely on luck, they use to trade only your experience that much better than luck. Better to Use knowledge than to rely on luck. It is impossible to rely on luck if you want to earn a guaranteed good at auction. It is better to work hard and strive to make our experience and skills surpassed our expectations, better to rely on yourself than what is expected and hoped for a miracle.
                               
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                            • #15 Collapse

                              Yes.I am totally agree with you that successful traders are do not rely on luck.They depend on their trading strategy.Successful traders has huge knowledge and experience about this market.And they use thous strength to win in this market.
                                 

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