To use chat, please login.
Back to contacts

Forex market is an unpredictable

Michihito
Nov 23 2020 at 13:13
298 posts
Forex market is an unpredictable market. But even after that you can predict some movements if you know the art of technical analysis of forex. Forex trading is not about being 100% correct. It is risk reward ratio. Your winning trade should be more than losing trade if your risk reward ratio is 1:1. People select their risk reward according to their ability to trade.

ElliotCooke
Nov 23 2020 at 20:18
341 posts
Yes. Forex is very unpredictable. If you have a lot of knowledge and experience, you can survive in this risky and unpredictable market.

RobSchiz
Jul 06 2021 at 17:46
535 posts
Forex is very unpredictable. No one can tell what is going to happen in this market.

RobertFerrari
Oct 05 2021 at 19:00
311 posts
ElliotCooke posted:
Yes. Forex is very unpredictable. If you have a lot of knowledge and experience, you can survive in this risky and unpredictable market.

Without proper knowledge, no trader can survive in this risky market.

AliForexTalks
Oct 09 2021 at 18:59
94 posts
You cannot predict the future and if you try, your predictions will be as accurate as your horoscope.. There is however a big market in people who say they can predict and many theories that say you can such as Elliot wave, Fibonacci, and Gann.

Unellene
Oct 12 2021 at 13:32
283 posts
such things are completely impossible to predict at all, therefore forex is not such an easy job

RobertFerrari
Nov 01 2021 at 18:29
311 posts
Unellene posted:
such things are completely impossible to predict at all, therefore forex is not such an easy job

I agree with you.

LukeRachel
Nov 02 2021 at 00:44
457 posts
Forex is the largest financial market. With 5 trillion trade averages. It is possible to work with 90% probability in this market. But if it is 100% targeted then it will be wrong. Investment can be risky. So it is better to work risk free.

Akasuki
Nov 03 2021 at 10:40
441 posts
We can't predict all the time in all our trades. That's why risk management is very important for trading. But unfortunately most people don't follow proper risk management system.

garlicbread
Nov 03 2021 at 11:22
6 posts
LukeRachel posted:
Forex is the largest financial market. With 5 trillion trade averages. It is possible to work with 90% probability in this market. But if it is 100% targeted then it will be wrong. Investment can be risky. So it is better to work risk free.


90% is never going to happen. Only scammer claim 90% accuracy. The reality is more like 60% at best

TarikLutge
Nov 03 2021 at 12:57
1 posts
RobSchiz posted:
Forex is very unpredictable. No one can tell what is going to happen in this market.

People can.

skihav
Nov 03 2021 at 14:27
521 posts
The forex market is rather unpredictable and complex. This is really an axiom that is worth understanding.

LukeRachel
Nov 04 2021 at 01:54
457 posts
garlicbread posted:
LukeRachel posted:
Forex is the largest financial market. With 5 trillion trade averages. It is possible to work with 90% probability in this market. But if it is 100% targeted then it will be wrong. Investment can be risky. So it is better to work risk free.


90% is never going to happen. Only scammer claim 90% accuracy. The reality is more like 60% at best

Of course, I didn’t give any numbers. I am saying that there is a chance to make 50-60% profit per month. Don't make a profit again in a month. Traders cannot be fed up with these. Need to trade positively.

UweMoench
Nov 04 2021 at 06:54
737 posts
@skihav Yes Forex market is indeed unpredictable and complex. That's why risk management and trading psychology is very important for success along with trading skills.

CraigMcG2020
Nov 04 2021 at 08:12
192 posts
UweMoench posted:
@skihav Yes Forex market is indeed unpredictable and complex. That's why risk management and trading psychology is very important for success along with trading skills.


exactly and when we're dealing with probabilities we dont know if our next trades will be winners or losers but we do know if we have a mathematical edge in the long term we will be successful

Seb King (sebking1986)
Nov 04 2021 at 11:50
223 posts
That's all it is. A probablilities game. Stack the odds in your favour as much as possible and then let the maths play out.

If you can't spot the liquidity then you are the liquidity.
Akasuki
Nov 04 2021 at 12:21
441 posts
@sebking1986 Yes it's a probability game. That's why risk management is so important. But most people don't care about risk management. They come with unrealistic expectation.

LukeRachel
Nov 04 2021 at 16:56
457 posts
CraigMcG2020 posted:
UweMoench posted:
@skihav Yes Forex market is indeed unpredictable and complex. That's why risk management and trading psychology is very important for success along with trading skills.


exactly and when we're dealing with probabilities we dont know if our next trades will be winners or losers but we do know if we have a mathematical edge in the long term we will be successful

Expectations are a very important issue in trading. If I keep the demand very high, the profit will be very difficult for me. For this we have to think logically.

Williamfreed
Nov 18 2021 at 01:55
90 posts
Due to the fact that Forex is the most unpredictable market in the world, we should have a good plan and be very careful about investing our time and money. In addition, I also agree with you that making profit from just guessing is totally luck, and sometimes luck can be hard to find, so we should keep an eye on the market and deal with it using our own skills and knowledge.

whitneytyler
Nov 24 2021 at 04:27
44 posts
That’s right. We can speculate the market, but not guarantee exactly how it will go. However, with the help of fundamental and technical analysis, you can increase your odds of winning your trades.

Please login to comment .