Winners Win - discuss

I agree there is always elements of luck in life. I had a talk about this with a friend the other day. Imagine you have a meeting with some executive about a business plan that you have been working on for the past year that could make or break you.

Scenario A: he just found out his son was on drugs and daughter knocked up all in one week. He's got a dim outlook at the moment and his mind is scrambled. He hears you out but isnt really listening and rejects the idea.

Scenario B: he just got back from a relaxing holiday and is feeling relaxed n refreshed. He hears your pitch takes it all on board and thinks its excellent. You go into partnership and make millions.

Some things could boil down to being at the right place right time like you said, or just factors that you're unable to control.

Luck favours the prepared was always a quote that stuck in my mind.

It seems like luck is built in when one is prepared.
or it just looks like 'luck', but actually the preparation part takes all the credit for the luck

Hello, I'm new to Forex here. As I can see, there is supposed to be much of a winning attitude, luck and understanding the consistency to trade on Forex successfully. I'd like to know how much does it depend on these three things for a new trader like me? And what kinds of consistency exist in Forex market and how do they work?

It can be interpreted as many different things Coleen, but the best thing you could do as a novice (as I did/still am doing) is to study. If you are determined and have that 'winning attitude' then you will study as much as possible, enveloping yourself within the world of finance. Once you understand it all you should become in tune with what's happening in the market and hopefully have some success.

My advice if you're starting out...learn about the whole market, not just FX, as the market is inter-linked.

ive been to interviews like that .......hard work indeed

the more you understand the markets ...the luckier you will get

N

Which is why you don't trade for a living.