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Practice or luck?
Of course its practice, luck is not very important to make us survive in forex business because luck is not dependable since luck is very unpredictable.by practicing you will get more experience and also knowledge to make a more profitable analysis.
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Junior Trader
Work hard towards your goal and luck will automatically follow you and even if you don't succeed in first time, try again for the second time by working hard as success will follow you for sure.Believe in one thing that Luck always follow the brave and not those who depend on it.Just believe in yourselves and work hard without worrying much on other things around adn you will never be disappointed for sure.
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Trader
I think both are needed for success.
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Junior Trader
Genuinely no one should depend upon luck in trading. You can be blessed with luck in one, or a couple of times but not all the times. In any case, You genuinely do need to fathom what you're doing. It's the unfaltering work that finally pays off. In case you do consistent work in right way, you will get accomplishment.
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Trader
Practice will make successful trader and luck will make failed trader, practice will help the trader to know how to trade well and makes money because he will have good training and will prepare himself well for the market and will be ready for making of successful trading, but trading with luck will be considered as gambling and the trader will open and close his trades blindly and so this will lead to making of mistakes and will increase the possibility of loses and so the trader will not be able to make money and will fail and he will leave the market at the end, so if the trader wants to stay in the market for long time then he should practice well and for enough time to handle the market and knows how to trade and makes money.
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Golden Trader

Originally Posted by
Sameeh
Practice will make successful trader and luck will make failed trader, practice will help the trader to know how to trade well and makes money because he will have good training and will prepare himself well for the market and will be ready for making of successful trading, but trading with luck will be considered as gambling and the trader will open and close his trades blindly and so this will lead to making of mistakes and will increase the poss
ibility of loses and so the trader will not be able to make money and will fail and he will leave the market at the end, so if the trader wants to stay in the market for long time then he should practice well and for enough time to handle the market and knows how to trade and makes money.
I would like to say that we will need to do a lot of Practice.
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Senior Trader
Luck is for gambling and Forex isn't a Gamble, so you need to practice a lot before you would be entering the Forex Market.
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Golden Trader

Originally Posted by
Katrina
Luck is for gambling and
Forex isn't a Gamble, so you need to practice a
lot before you would be entering the
Forex Market.
Doing our trading in the foreign exchange market will require more efforts and knowledge
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Senior Trader
Knowledge and Skills are the two pillars that Forex Trading stands on. You need to understand before you have proper amount of skills and knowledge in the same.
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Golden Trader

Originally Posted by
Katrina
Knowledge and Skills are the two pillars that
Forex Trading stands on. You need to understand before you have proper amount of skills and knowledge in the same.
If we want to increase our trading skills in this business then we will have to use a trading based plan.
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