Is it possible to predict the profit or returns ?

<p id="isPasted">Many new forex traders believe that the core of a forex trading strategy should be predicting where forex prices will go.&nbsp;</p><p>When you predict you are in effect hoping or guessing, which is not a good way to make money in any venture, let alone forex trading. Predicting the future is impossible, and if you try, you will get the same results as your horoscope.&nbsp;</p><p>People who rely on prediction lose and are generally naive or greedy traders who think forex trading is easy. It isn't and you shouldn't expect it to be.&nbsp;</p><p>As long as traders remain flexible in their positions and are not tied to a particular direction, they benefit. The art of predicting the market can be dangerous, and, ultimately, making money trading doesn't require predictions.</p>

<p>The investment decision will rarely include a profit or stop-loss exit point for a stock that is expected to move higher. Inexperienced traders usually predict that their equity positions will rise and assume they can get out near the top if they are correct. The reality is that such a vague plan rarely works out. Therefore, all traders should have a plan for entering and exiting a trade, regardless of whether it results in a profit or loss.</p>

<p>It is possible to make predictions about the potential profits or returns from trading in the forex market, but it is important to note that these predictions are not guaranteed and that there are many variables that can affect the outcomes of trades. Forex trading involves substantial risk and is not suitable for all investors.</p><p>In order to make predictions about profits or returns in the forex market, traders can use a variety of tools and techniques, including technical analysis, fundamental analysis, and market analysis. Technical analysis involves looking at historical price data and using tools like chart patterns and indicators to try to identify trends and make predictions about future price movements. Fundamental analysis involves evaluating economic and political factors that may affect currency values. Market analysis involves looking at supply and demand dynamics, market sentiment, and other factors that can influence prices.</p><p>It is important to note that even with the use of these tools and techniques, there is no way to accurately predict with certainty what will happen in the forex market. The market is constantly changing and there are many factors that can influence price movements, including economic news, geopolitical events, and shifts in market sentiment. As such, it is important for traders to manage their risk carefully and to be aware of the potential for losses as well as profits in the forex market.</p>

<p id="isPasted">Predicting profit or returns in the foreign exchange (forex) market can be challenging, as there are many variables that can impact currency exchange rates, including economic data releases, central bank decisions, geopolitical events, and market sentiment.</p><p>Some traders and investors use technical analysis to try and predict future price movements in the forex market. Technical analysis involves using charts and other tools to identify patterns and trends in historical price data and make predictions about future price movements.</p><p>Others use fundamental analysis, which involves studying economic and political data to determine the underlying strength of a currency and make predictions about future exchange rates.</p><p>It's important to note that even with these tools, forex trading carries a high degree of risk and uncertainty, and there is no guarantee of profit. Additionally, past performance is not indicative of future results, and a comprehensive understanding of the forex market and the factors that influence exchange rates is necessary for success.</p><p>In short, while it is possible to make predictions about future profit or returns in the forex market, there is always a degree of uncertainty and the potential for unforeseeable events to impact currency exchange rates.</p>

<p>Nobody can make proper predictions in Forex. The nature of the market is that if something is predictable, the market automatically prices it out. The only people who can make money in Forex are those who can predict which way the sheep will run. The sheep are people who think they can make money on Forex, and jump on, and amplify, random trends.</p>