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  1. #1
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    Luck is the only success in Forex ?

    many people in this trade face loosing and we see that only a very few traders win in this trade. is this true that 90% fail to earn money in forex trading?
    Are you one of this 90% or the others???
    CordialementI believe that you are successful in Forex trading only if you are a lucky person you are doing well and all of sudden market start running against you and forgot to close your trade.
    You want to trade and your system/net connection gets problem.
    By mistake your move goes against your intentions.
    so what do you think about my point of view ?

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  3. #2
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    No i believe that hard work and effort is the key to success. No, doubt that luck matters lot but we can make our trading very profitable by getting vast knowledge and with after getting good experience of it.


    http://www.forex-metal.com/affiliate/46199/2

  4. #3
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    I don’t consider forex as a matter of luck. You need to have proper skills to trade in the market. I think experience, strategy and knowledge are the most important qualities in trading. So if you don’t have the skills you will surely lose, because luck doesn’t exist for a long time, especially in forex.

  5. #4
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    In Forex we don't need to totally depend on the luck we must have our proper knowledge and experience about Forex trade. Luck is also good in Forex trade but proper knowledge will help the trader to save their account from big loss.

  6. #5
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    Thanks all for your good opinions and wait others ...... And I think also the kowlegde is the more important think for Forex
    Xxitachi
    -----------------------------------------

  7. #6
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    I think that in forex the its only two things that maters for me that is education and experience so trade with care to bring in profit, Nothing like luck should come in here when its come to forex, a trader who is hoping to make profit from luck will end up loosing all its profits

  8. #7
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    It is clear to us that investing in forex depending on luck is so much risky. Sometimes it will be profitable but time will treat same well. On the other hand education is better than luck. i am so much educate about forex trading and always want to know about forex, so i am so much interested about forex trading.

  9. #8
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    I believe that the most important actually is education and experience. Luck only plays small role in trading actually. So if a trader rely most of their trading expecting good luck, they will got margin call sooner or later. The best thing to traders especially beginner is prepare their self with proper knowledge and experience.

  10. #9
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    Well, you know so far I haven't had any miserable loss so I'm still hopeful in forex. In some day, I make like 90 pips so I'm not bad at all. I think its possible with skills and knowledge and I study a lot before I trade so I did not trade blindly or gamble or just open trades for fun. I really do time myself precisely and I know when there are trends to trade so it takes education and knowledge. You can make money daily just keep learning.

  11. #10
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    Actually all of them is good for us, but from what i see education and experience have the same amount and both of the overwhelming the luck things here, from what i see based on my trading activities in some months back, education and experience have about 45% for each and luck will be the rest by result.

  12. #11
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    It is clear to us that investing in forex depending on luck is so much risky. Sometimes it will be profitable but time will treat same well. On the other hand education is better than luck. I am so much educate about forex trading and always want to know about forex, so I am so much interested about forex trading.

  13. #12
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    Quote Originally Posted by seekforex View Post
    No i believe that hard work and effort is the key to success. No, doubt that luck matters lot but we can make our trading very profitable by getting vast knowledge and with after getting good experience of it.
    I agree with you. I also believe that we can success in forex by working hard and effort maximally. We cant get success in forex if we just rely on luck only. We must learn, make practice to get knowledge and skills. Those are very needed by trader. Try to use demo account first and we also can use free capital from broker too, such as 15 EUR are given by Armada Markets.

  14. #13
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    Luck is not thing which can make us be successful trader in forex. We must have skills and we also must continue to learn in forex trading to get more knowledge and trading experience. we also can take part in demo contest to get more trading experience in forex trading

  15. #14
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    Luck is only the smallest part of the success, hard work and never give up the play a big part in one's success. Similarly, in forex, business with high risk, hard work and unyielding spirit of a trader to continue to deepen knowledge and get more experienced that will bring a forex trader to success.

  16. #15
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    Practice is the only secret to earn huge funds in forex and that is really a great move for a trader to have good skills and that will be giving him very good profits. I have seen very rare situations where people have earned in forex because of luck but it will not be forever this time a trader will be winning with luck but luck will not be helping you all the time.

  17. #16
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    The beginner, who has just started the trading process, quite often considers Forex as something that is easy to learn, but this is not true. Having earned a small sum in the beginning, he loses his head and as a result can loose absolutely everything. During the first days of trading, you can start writing down all the actions made by you. In a little while, you might notice that there is not that much profit. You can start analyzing your trading strategy and notice at once that it is not that bad, but then you draw your attention to the comments: "closed too early", "kept position open for too long", etc. The reasons of such situations are unpreparedness and lack of confidence. Almost every trader who has made at least a dozen deals, will agree that self-discipline, control over emotions and the ability to make adequate decisions are vitally important trading conditions.

  18. #17
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    I see that education and experience is what important to me because without this then you can't do anything. Luck will just come by surprise we shouldn't expect this to come that's why we should have education and experience because that is what will help us to succeed in forex trading.

  19. #18
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    Every thing is going to be about education and experience. That's why I always do research daily and that's why I always do trade daily in this way I can increase my knowledge and gain experience each day. I hope I can make good income on regular basis. This is my goal in life.

  20. #19
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    Without education you won't get any experience, that is something that we need to get first, I mean education here is the first step, you learn what is forex and how it works, and some strategy it means education for you, and experience is like execution thingy, you must do that thing before you get some experience.

  21. #20
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    I don't think luck will be in the favor of the trader all the time and some times there are some situations where traders have taken a wrong decision and finally they will be getting into profitable trade just because of the luck. But I am sure that luck will not be favoring us most of the times so it's better to have a knowledge and experience.

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