If only relying with luck might will hard to survive for long run, for trader that using highest leverage and trade like as gambler, I think the market is more cruel than themself
Yeah... I saw the same situations in the web when people wrote that the company cheated them, but in fact they made the main mistakes..
That's the point, we set traps for ourselves sometimes without realizing it. Lets carefully think before we choose leverage.
Really!!! Well if you say so, I really don't buy the whole luck thing. Yes, I agree people can be fortunate sometimes.
Yes it's possible sometime on lucky day, but overall trading for long run business maybe lucky will not always following our trades and we need wisely using margin
I use the leverage so that any trade will not result in losing more than 1% max of my account capital.
New traders being unaware of the market should use the leverage carefully otherwise high leverage can claim high damages too.
Like many will say; we need to make our own luck. This is especially true in forex, you can't sit around and wait for luck! You should always go for it.
If we want to making quality trades I think we need discipline and willing to waiting, patience is important because if only chasing price due fear too late, this is not good way to making quality trades