Quote from: stomachgrowls on November 29, 2016, 03:47:58 PM

Quote from: icecube45 on November 27, 2016, 08:07:48 AM

Quote from: Victorycoin on November 02, 2016, 09:39:12 PM

Quote from: icecube45 on October 22, 2016, 06:01:43 AM

Yes indeed both are necessary to succeed in the trade. We are required to have skills that can have a strategy in trade, so that we can predict with a good price so that could be an advantage. But luck is also needed because of the skill with no luck in my opinion would be futile.

Is it really true that skill with no luck would be futile? Do you know of any one successful lucky trader anywhere? As an experienced trader,I must say that it is very possible to have skills and zero luck and turn up quite successful in trading currencies, but it is near impossible to achieve same with luck and zero skill. Any trader relying hundred percent on luck, isn't really not a trader, his/her veritable place is with the casinos.

Yes it is true that the skills of the main factors affecting the success in trading. But that does not mean we do not need luck, professional traders also definitely need luck to enhance their skills to be an profit. So I think to be successful in the trade in addition to skills also need luck, the market is very difficult to predict especially when the economy is unstable.

Luck would be still in need even on trading career because implementations of our plans on a certain trade would not be succesful if luck is lacking somehow.I do believe also on your insight regarding luck on doing trading yes i agree prices are too volatile having knowledge and experience would be an edge but there are really times that prices will go on opposite way if you do have luck and able to get out on earlier time then its already considered as lucky.

Yes, luck is also needed in the trade and was also have a role in the success. Indeed skills are required and are essential for trading success, but luck as a complement that can get profits. Very difficult to predict the market price because any time the market price may change and luck will be needed.