Forex market is an unpredictable

Nov 23, 2020 at 13:13
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27 Replies
Členem od Jul 19, 2020   298 příspěvků
Nov 23, 2020 at 13:13
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.
Členem od Jul 20, 2020   341 příspěvků
Nov 23, 2020 at 20:18
Yes. Forex is very unpredictable. If you have a lot of knowledge and experience, you can survive in this risky and unpredictable market.
Členem od Aug 17, 2021   94 příspěvků
Oct 09, 2021 at 18:59
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.
Členem od Mar 16, 2021   477 příspěvků
Nov 02, 2021 at 00:44
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.
Členem od Mar 28, 2021   617 příspěvků
Nov 03, 2021 at 10:40
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.
Členem od Nov 03, 2021   9 příspěvků
Nov 03, 2021 at 11:22
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
Členem od May 10, 2021   1 příspěvků
Nov 03, 2021 at 12:57
RobSchiz posted:
Forex is very unpredictable. No one can tell what is going to happen in this market.
People can.
Členem od Mar 16, 2021   477 příspěvků
Nov 04, 2021 at 01:54
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.
Členem od Jul 19, 2020   751 příspěvků
Nov 04, 2021 at 06:54
@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.
Členem od Jul 20, 2020   399 příspěvků
Nov 04, 2021 at 08:12
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
Členem od Apr 09, 2019   538 příspěvků
Nov 04, 2021 at 11:50
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.
Členem od Mar 28, 2021   617 příspěvků
Nov 04, 2021 at 12:21
@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.
Členem od Mar 16, 2021   477 příspěvků
Nov 04, 2021 at 16:56
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.
Členem od Aug 10, 2021   178 příspěvků
Nov 18, 2021 at 01:55
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.
Členem od Jun 07, 2021   72 příspěvků
Nov 24, 2021 at 04:27
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.
Členem od Mar 17, 2021   536 příspěvků
Nov 24, 2021 at 20:09
whitneytyler posted:
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.
Yes. I agree with you.
Členem od Jul 23, 2020   869 příspěvků
Dec 08, 2021 at 15:28
Trading is risky, in order to overcome the risk understanding global economics is very important.
Členem od Jul 19, 2020   788 příspěvků
Dec 09, 2021 at 00:31
Forex trading depends on the possibilities. If you don't do risk free trading, chances of loss are high. I usually do some trades in a month and calculate the profit /loss of all trades once at the end of the month.
Členem od Mar 28, 2021   617 příspěvků
Dec 09, 2021 at 04:19
Is there is no doubt that forex market is unpredictable. The market is always changing. We always need to adapt with the changing market to keep it up.
Členem od Jul 23, 2020   759 příspěvků
Dec 10, 2021 at 11:24
The forex market moves up and down continuously and you need to manage your positions using risk control.
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