That is the opinion of Sky Sports pundit and former Arsenal forward Paul Merson.
The Gunners are yet to pick up a point in Unai Emery’s first two games in charge.
They were beaten 2-0 by reigning Premier League champions Manchester City before last weekend’s 3-2 loss at Chelsea.
Chelsea raced into a 2-0 lead at Stamford Bridge but Arsenal drew level before the break thanks to goals from Henrikh Mkhitaryan and Alex Iwobi.
The visitors could easily have gone into half time leading, with Mkhitaryan, Iwobi, Mesut Ozil and Pierre-Emerick Aubameyang all guilty of missing gilt-edged chances.
Merson says Emery, or any manager, cannot legislate for his team missing so many clear-cut opportunities.
And he reckons people would have had a different perspective of Arsenal if they came away with a convincing win.
“Let’s be honest, if Arsenal had put the chances away against Chelsea – and it’s easy to say: ‘Oh that’s a half chance’ – but they had five unbelievable chances at Stamford Bridge,” Merson said.
“If they put those away, they come away from the Bridge winning 7-3, and everyone would be saying: ‘Wow’.
“I thought Emery took a bit of unfair stick from the first game against Man City. Who expected them to beat Man City?
“But on Saturday, you can’t legislate for misses like that, you just can’t.
“You could have (Jose) Mourinho, Sir Alex (Ferguson), Wenger, (Jurgen) Klopp and Pep (Guardiola) on the bench; if you’re missing chances like that you won’t be winning too many games.”
Arsenal will be looking for their first points of the season on Saturday when West Ham visit the Emirates.
The Hammers have also lost their first two games of the campaign.
Manuel Pellegrini’s side suffered a heavy 4-0 defeat away to Liverpool on the opening day.
They were then beaten 2-1 by Bournemouth at the London Stadium last weekend.