Best Change

Read our Advertising Disclaimer


Results 1 to 25 of 25
  1. #1
    Join Date
    Jul 2020
    Posts
    162

    No one can reliably predict forex

    No one can reliably predict the forex market all time. That is why, to make profits consistently, traders must rely on trading strategies based on trading experience. Of all the trading strategies, I prefer scalping. In fact, traders, especially beginners, are interested in this trading method. However, in reality, the vast majority of trading brokers do not allow such trading concepts on their trading platforms.

  2. #2
    Join Date
    Dec 2020
    Posts
    35
    It is impossible to predict and calculate a 100% result that will bring a good profit, anyway, adjustments will be made during the trading day. And in order to avoid maximum risks, I use analytical reviews of Amarkets.

  3. #3
    Join Date
    Aug 2017
    Posts
    1,331
    Earning in forex can be easy if you follow the rules and regulation of forex. If you don't follow the rules, Your investment can put you in danger. Little knowledge about forex can bring loss for you. It will be good if you proceed with a plan to make profit. Your broker can help you to make the plan. I am currently trading with Forex4you. they help me while i am trading in the market. I love to trade with them because of their tight spreads and dynamic leverage.

  4. #4
    Join Date
    May 2020
    Posts
    1,473
    In fact, it is quite possible to find reliability in this industry. At least there aren't any major drawbacks to this. But again, a lot here depends on the trader.

  5. #5
    Join Date
    Dec 2020
    Posts
    30
    Even though I have good experience and good practice, this still leaves some percentage of it not worth the way you envisioned your trade and how the market will behave.

  6. #6
    Join Date
    May 2020
    Posts
    1,473
    For a trader, reliability is key. It is for this factor that I chose a broker from Amarkets, and so far I am quite happy with my choice. As for me, this is a really good broker.

  7. #7
    Join Date
    Jan 2021
    Posts
    126
    I think scalping is a good, profitable way of trading but only if you have sufficient experience. It is not an easy thing to do, not something for beginners, at least in my opinion. Longer timeframe trading might be more suitable if you are just starting out as it is less stressful and requires less time.

  8. #8
    Join Date
    May 2020
    Posts
    1,473
    For me, a really reliable option turned out to be a broker from Amarkets. As for me, it is quite possible to trust in the work of this company, and I was convinced of this.

  9. #9
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    For me, a really reliable option turned out to be a broker from Amarkets. As for me, it is quite possible to trust in the work of this company, and I was convinced of this.
    I choose to do my Forex trading with the International and Global Forex Broker FXOpen. The main reason was that this broker offer me the ECN Trading Technology

  10. #10
    Join Date
    Jan 2021
    Posts
    405
    it's just that many experienced traders can at least in some part work according to their assumptions and they will be correct, all this understanding comes with experience

  11. #11
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Diedriarekh View Post
    it's just that many experienced traders can at least in some part work according to their assumptions and they will be correct, all this understanding comes with experience
    We will need to use such types of trading skills that can help us in earning income and making the profits from doing this business.

  12. #12
    Join Date
    Jan 2021
    Posts
    405
    all the same, more with experience comes more correct decisions and predictions about the work of the market, do not forget about this

  13. #13
    Join Date
    Jul 2020
    Posts
    794
    Honestly, it is quite difficult to predict the results of work in this industry. It is still worth understanding that this is a market, and absolutely any situation can happen.

  14. #14
    Join Date
    Apr 2017
    Posts
    719
    With certainty Forex trading can’t be predicated and no one is able to control what will happen. Any time you may face loss if you don’t improve your trading skill and if you don’t use any money management. TP Global FX is the broker in my trading life who is helping me in increasing my trading profit in this uncertain market by decreasing the loss. They provide different money and risk management techniques.

  15. #15
    Join Date
    May 2020
    Posts
    1,473
    A trader should really understand this. Now there are many different signals and market data, but there are often doubts about the reliability of these data.

  16. #16
    Join Date
    Feb 2021
    Posts
    8
    The market is constantly changing and is not affected, therefore, it is quite difficult to predict how the market will behave in a given situation, we can simply assume and make a forecast

  17. #17
    Join Date
    May 2020
    Posts
    1,473
    To be honest, with experience, many traders can predict the performance of the market with sufficient quality. But again, it is worthwhile to understand that this is far from 100% probability.

  18. #18
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    To be honest, with experience, many traders can predict the performance of the market with sufficient quality. But again, it is worthwhile to understand that this is far from 100% probability.
    We will need to understand the Importance of doing our foreign exchange trading with the good plan and proper execution of the Forex trading.

  19. #19
    Join Date
    Jan 2021
    Posts
    405
    in fact, this is true, no one can accurately predict the movement of the forex market, there are only those who strive for this and are constantly improving their qualities

  20. #20
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Diedriarekh View Post
    in fact, this is true, no one can accurately predict the movement of the forex market, there are only those who strive for this and are constantly improving their qualities
    It is very important for the foreign exchange traded to be able to understand the movement of the foreign exchange market and use them for their success

  21. #21
    Join Date
    Mar 2020
    Posts
    180
    It is very difficult to predict exactly and it is the very unpredicted market. But we can adjust our trade according to the market and can make good profit.

  22. #22
    Join Date
    Feb 2021
    Posts
    9
    Indeed, in Forex you need to be able to calculate and analyze the market, and prepare for trading, but you cannot do it 100%.

  23. #23
    Join Date
    May 2020
    Posts
    1,473
    I can only say that forecasts are for that and forecasts that may or may not come true. The main thing is to roughly understand the probability of whether this forecast will come true or not.

  24. #24
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    I can only say that forecasts are for that and forecasts that may or may not come true. The main thing is to roughly understand the probability of whether this forecast will come true or not.
    We will need to understand that when we are trading we need to look at the Currency Forecasts so that we can understand how it will work for us.

  25. #25
    Join Date
    Jan 2021
    Posts
    405
    so not only in forex, so everywhere, no one can predict any outcome of something, but with experience and with great understanding this quality can be improved

Similar Threads

  1. Simply predict the price and win $30!
    By pipmtw in forum Forex General Discussion
    Replies: 3
    Last Post: 08-18-2020, 02:10 PM
  2. Replies: 0
    Last Post: 07-21-2020, 05:03 PM
  3. Predict a design not adhere to a trend
    By sam9630 in forum Forex General Discussion
    Replies: 7
    Last Post: 11-09-2016, 06:36 PM
  4. UPDATE 1-Juncker-Too early to predict euro zone crisis end
    By News Reporter in forum Forex News
    Replies: 0
    Last Post: 01-13-2011, 01:26 AM
  5. UPDATE 1-Juncker-Too early to predict euro zone crisis end
    By News Reporter in forum Forex News
    Replies: 0
    Last Post: 01-13-2011, 12:49 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •