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Forex a business of luck or skills?

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JackFrancisco
557
JackFrancisco  

Friends,

Luck play a vital role in Forex.It may be fruitful for sometimes.But if we are dependent on Luck only ,then whether is it possible that it will work all time?

Is Business skills are more important than luck.In Forex we should depend upon luck or not?

Paul75
1351
Paul75  

According to me both luck and skills are important in forex trading to get success. Skills as well as trading knowledge is essential in forex trading.

JackFrancisco
557
JackFrancisco  

According to me , I only prefer the skills upon the luck. A skill person makes luck but a lucky person never makes skills. If any one have skill then the other peoples consult to him but they are not consult to the lucky.

Luck is not work 24 hours in Forex but skill is winner 24 hours for us when we can perform work. Many peoples likes that they should be lucky but they don' t know that skill makes luck. So we take a conclusion by these sentences that skill is preferable in Forex than luck.

Shawn Michal
441
Shawn Michal  

Skills and trading knowledge work in forex trading. There is no role of luck in making profit. If you have good trading knowledge and experience as well only then you can make profit for long time. Traders should not depend on luck.

hmida
14
hmida  

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 for

wynnasuju
53
wynnasuju  
Paul75:
According to me both luck and skills are important in forex trading to get success. Skills as well as trading knowledge is essential in forex trading.

Don't too depend on luck if we trading because forex trading is not a gambling. We need skills in forex, for make analyze etc. And try to improve our tradin skill in demo contest or demo trading.

JackFrancisco
557
JackFrancisco  
hmida:
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 for

Well said Hmida- If we traders are going to believe in luck, then we are going to call gamblers not traders. For achieving of dreams as a best trader we always need skills and experience.
Luck is a other thing that is involve by natural thing but experience and skills are most important for Forex trading.

mangncep
19
mangncep  
Jack Francisco:
Well said Hmida- If we traders are going to believe in luck, then we are going to call gamblers not traders. For achieving of dreams as a best trader we always need skills and experience.
Luck is a other thing that is involve by natural thing but experience and skills are most important for Forex trading.

I absolutely agree with you, sir.. In trading, we need to learn and we have to make analyze for getting profit, not because of luck...

And to get experience and improve our trading skills, we can use demo account for them... I also get experience from my fbs account..

BMFX
40
BMFX  

Hi all

Knowing how to draw a trendline and knowing when a retracement has occur is the key to Forex trading.

FBS Markets Inc.

Jack Francisco:
Friends, Luck play a vital role in Forex.It may be fruitful for sometimes.But if we are dependent on Luck only ,then whether is it possible that it will work all time?

Is Business skills are more important than luck.In Forex we should depend upon luck or not?
Angelnish
86
Angelnish  

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.

Rubnia
3
Rubnia  

Although you shall notice several websites that promise you an enormous chance out of Forex commercialism while not moving even a finger, keep this in mind: for somebody to win in an exceedingly Forex, there should be another one United Nations agency losses.

A key lesson for any beginner in Forex commercialism isn't to let himself fooled by creating a lucky trade. If he thinks that if he won once he can perpetually win, he's certain a giant disappointment. The actual fact is he simply got lucky.

There's no answer for turning into a no-hit dealer over night. Solely the expertise can teach you what you wish to grasp. though several web searches can give you the largest profit of your life or Brobdingnagian cash with none effort, a wise person can perpetually apprehend that solely by continued to trade, to analyze his activity and learn new skills he will really become wealthy.

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