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luck or knowledge in forex


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No one can trade only on luck factor. You have got to get the knowledge necessary for your trading. If you trade on the basis of luck only you will likely to get loss many times and also can lost your entire account as well. You won't find a single trader in the history of trading that had survived in markets by trading only on the basis of his luck. Luck does have an influence, but if only follows your hard work.

Luck factor is exist in forex but i think the one who play biggest role here is experience, i know that it is different than knowledge, but for me experience is knowledge that already put in action so we can see if that is true or not. After experience we got knowledge as the second biggest role for trader to be successful in forex.

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