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I think luck plays very important role in life but sometimes with the forex it may not work that easily and you have to understand that very well as well. that said, some of the time it would be something to understand there too. You need to understand never to rely on the luck for that.
There are something we need to know, before you trade and make your analysis very well, and then being assured that you are going to make profits. For sure you will make that profits but because of forex trading fluctuation you might lose it if you trade with greed. When a trader losses its more better to say he or she lacks knowledge than saying he or she has no luck.
Yes, luck can be defined as hit or miss. After doing hard work, if you are expecting something more then only we use word luck.
of course there is nothing only luck and nothing only knowlegde. We are in between. Saying that sometimes hit and sometimes miss meaning you agree with what i said that forex is 50/50 luck and knowlegde. Am i right?
Ok. I agree with you. There are many professional expert traders in the world. They also don't get expected profit sometimes. What will you say then, they becomes overconfident, greedy or they have lack of knowledge.? If your words were true then most of the experts traders would become richer than Bill Gates. It is very very easy to show faults of other rather than proving that we are better than him.
If you should rely on luck for how long will you be able to hold unto it. Those who relied on luck all can't make a consistent profits they are either making the profits once in a blue moon, truely forex trading is complicating but then when you have the knowledge you can have also a sophicated way of dealing with it.
In my knowledge luck influences more than one area of your life. This made me think whether luck plays role in every field. And i believe you can create your own 0„3¡ãluck0„3¡À. Human mind requires regular exercise. If you think that you are not lucky, it is still possible to change your luck by exercising in one area which fascinates you more. You will notice that the success lays over to other places of your life . Predictions and trades, willing to learn and practice.
In our life there are many situations. And in every situations there is different considerations of luck. But at the end you cannot question about the existence of luck. Maybe little, but sometimes you need luck.
Not all thing that occurs in life occurs in forex trading, forex is a pure business and when on lacks the exprience even when the lucj shows up the said person can not rightfully take advantages of the luck.
That means you want to say that if any person has knowledge at trading, then he will make always profit. Right? So if any experienced trader makes a loss, then you will say he has lack of knowledge.? Nothing in this world is pure.
You seem to believe a lot in this luck. When an experienced trader losses, it doesn't mean he has bad luck either. If luck is taking a major share in Forex, then one would say Forex is gambling which is not true.