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Forex market is an unpredictable
Uczestnik z Oct 29, 2021
70 postów
Uczestnik z Jun 19, 2020
38 postów
Jan 03, 2022 at 04:49
Uczestnik z Jun 19, 2020
38 postów
Given that the market is unpredictable, you should work on creating a trading plan. There’s an old saying in the market, “one who fails to plan is the one who plans to fail ” and I can agree with this statement from my heart and soul. It’s hard to make decisions when the market takes turns in seconds. Therefore, it’s always advisable to keep a trading plan up your sleeves and make decisions accordingly.
Uczestnik z Jun 02, 2020
7 postów
Uczestnik z Jan 03, 2022
9 postów
Uczestnik z Dec 09, 2013
139 postów
Jan 03, 2022 at 15:45
Uczestnik z Dec 09, 2013
139 postów
Michihito posted:I agree with the statement that the Forex market is unpredictable. However, it is a game of probability as well. Any trade may go towards our direction or may not go towards our direction. If we can maintain better winning ratio with good risk-reward ratio, at the end of the day, we would be able to make money by trading. This is what the good traders do as well.
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.
Uczestnik z May 19, 2020
401 postów
Jan 04, 2022 at 14:24
Uczestnik z May 19, 2020
401 postów
Forex trading certainly cannot be regarded as a 100% probability system. This is the ratio of the expected return to the expected risk. Anyway, we live in a world that operates on the principle of probabilities.
@Marcellus8610
Uczestnik z Apr 03, 2021
470 postów
Jan 04, 2022 at 23:05
Uczestnik z Apr 03, 2021
470 postów
Yes, traders only try to analyze the market based on technical trading tools and also fundamental news to filter trading decisions, because no accurate trading analysis 100%, hence traders need to trading use risk management, stop loss, trailing stop, hedging os few ways to manage the risk.
Uczestnik z May 19, 2020
401 postów
Jan 05, 2022 at 12:10
Uczestnik z May 19, 2020
401 postów
don't consider the probabilistic system as something negative, on the contrary, it gives the opportunity to create the most flexible trading systems.
@Marcellus8610
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