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Forex market is an unpredictable
Membro Desde Oct 29, 2021
70 posts
Membro Desde Jun 19, 2020
38 posts
Jan 03, 2022 at 04:49
Membro Desde Jun 19, 2020
38 posts
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.
Membro Desde Jun 02, 2020
7 posts
Membro Desde Jan 03, 2022
9 posts
Jan 03, 2022 at 15:45
Membro Desde Dec 09, 2013
139 posts
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.
Membro Desde May 19, 2020
401 posts
Jan 04, 2022 at 23:05
Membro Desde Apr 03, 2021
470 posts
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.
Membro Desde May 19, 2020
401 posts
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