Trading on luck

Discussion in 'Forex Discussion' started by Ryan Feinberg, Jan 2, 2018.

  1. Ryan Feinberg

    Ryan Feinberg Member

    When you base your trade on luck it means such a person is gaming because you are answerable to your own choice and that must be founded on the consequence of proper analysis of the market. I do believe that any trade placed without taking proper analysis of the market is nothing but a pure gambling. A good trader must be able to analyze the market, plans his trade and trades his plan with good money management. Choosing right broker is a characteristic of good broker. I choose AAFX for mine as it gives assurance of my trading.
  2. First of all forex trading is not gambling. So, there is no chance to handover your trading business on luck. Depending on luck is more of a casino playing. But depending on luck trader might get success only for a shortest time. For continuous success trader need to do hard working, applying strong strategy, choose a good broker and make proper planning for trading. I am doing all these things trading with my broker TopFX24.
  3. davidson333

    davidson333 Member

    Personally, I do not believe in the word luck and I know for sure that it does not exist in this kind of business, in the sense that to have the business work for you, all you have to do is to make sure that you have learned it. Furthermore, making money is possible in forex trading, I have seen people make it happen in forex trading and I know that it is all about traders learning.

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  4. Jimy Anderson

    Jimy Anderson Member

    I have traded in demo account for 2 months , but I have also studied in Baby pips school , basically demo trading just for 6 month is more appropriate for the traders who are newcomers. But if you have other educational source then highest 2 months is more enough for continuing demo account which is the master place to become a knowledgeable trader.
  5. Jude Reynolds

    Jude Reynolds Member

    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. I trade forex at Eurotrader broker. I like the platform of the broker. I other than like their advanced educational materials. They are so valuable to me.
  6. Arthur Shelby

    Arthur Shelby Member

    If you are searching a broker without verification than you can choose Forex4you. To open a account in there you don't need any verification. They provide you low spreads starts from 0.1 pips. They also provide high leverage up to 1:1000. If you want to learn about forex you can try their demo account. It will help you to know all about forex. I am currently trading with them. Their customer service and trading policy is very attractive and pleasant.
  7. maspluto

    maspluto Member

    choosing an existing broker must be able to pay close attention, this is done so that traders can be maximized in getting the security and comfort of trading while on a real Tickmill account.
  8. Forex is the most famous and profitable business in the world. If you wanted to start trading then you should gain proper knowledge about forex first. You have to choose a reliable broker. If you trade with a scam broker then there's a chance of losing money. You can't earn profits. My broker Forex4you is very reliable. They are very supportive. I would easily suggest this broker if anyone looking for a reliable one.
  9. Hobert

    Hobert Member

    Broker is an important factor in forex trading. Without a good broker trading is quite annoying. There are lot of scam broker. Trader always should select regulated broker. Traders always should check broker platform by using demo account. I am currently trading with a regulated and licensed broker called Tpglobalfx. It provides me best trading platform environment in the forex market.
  10. Somnia

    Somnia Member

    Existing training and learning must be able to run properly, this is needed and necessary so that traders can become better and can be maximized in carrying out trading activities as expected. As we can learn on a demo account first so that we are free from the risk problem
  11. First of all, I will like to clear this that I never mean it to be easy, BUT it can be made easier with skills. I find it extremely easy under the sheds of FreshForex, as they got everything. From having stunning educational setup to peach of demo account, so it all makes thing very special and is highly exciting too making things easier.
  12. uncle gober

    uncle gober Member

    Existing demo accounts and educational programs must be able to be well cared for, this is needed and necessary so that traders can be more optimal in surviving and become Tickmill's trader of the month.
  13. Jimy Anderson

    Jimy Anderson Member

    All the traders we have a choice of the broker to be used , should the trader can choose a broker which is more appropriate to the concept of trading that will be used , if you love doing scalping should choose the broker that allows trading concept such as this. Otherwise it will be more difficult to survive, basically in spite of a profitable trading approach scalping don’t allow by and large regulated trading platforms in their trading brokers.
  14. uncle gober

    uncle gober Member

    the selection of an existing broker must be able to be considered well, this is needed and necessary so that traders can become better and can be maximized in carrying out trading activities in accordance with expectations with Tickmill.
  15. Jimy Anderson

    Jimy Anderson Member

    There are many important trading elements that we the traders have to check when choosing a broker . from all spreads is an mainly considered as an important financial tool which an investor should consider when choosing a broker. The lowest trading spreads is very supportive to lead a healthy trading life with surely.

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