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Luck and trade.

Please share any observations which can lead to a surer or bigger market movement. Sometimes there are signs for a possible major move but we may miss to notice those. This sub-forum is for such signs. Please contribute to bring up the best.
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Re: Luck and trade.

Postby Himanshurathee » Wed Feb 04, 2015 5:16 pm

Luck has very little role to play in the outcome of a trade. A trader may succeed once or twice out of luck but not for ever. In most cases, the trader hoping to cash on luck will eventually lose his account. Only a trader who is fully conversant with technical or fundamental analysis can make consistent profits with low draw down. A bit of luck would increase the profit or bad luck may decrease the profit some times. On the other hand, expecting luck to make us profit from the position we have taken defies all theories related to trading and is simply impossible.
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Re: Luck and trade.

Postby Sininfinity » Thu Mar 26, 2015 6:21 am

If someone solely relies on luck then luck will abandon the trader sooner or later. A trader needs to work on trading strategy and trade accordingly. Then luck will play its part.
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Re: Luck and trade.

Postby orni308 » Sun Jun 28, 2015 4:41 pm

Sininfinity wrote:If someone solely relies on luck then luck will abandon the trader sooner or later. A trader needs to work on trading strategy and trade accordingly. Then luck will play its part.


yes you cannot solely on you luck , you should trade well so that your luck can try out, forex trading is apart from gambling.
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