No one can predict the future for more than 50% of times

[Arya Stark]

Obviously, we are talking about forex trading here, because when we buy a stock of a large and successful company it is highly likely that it will grow.
But how do we make it in the forex market? It is the irrefutable truth that no one can predict the future for more than 50% times, but yet, we do see some profitable forex traders.
So how do they do it?
Your thoughts?

 

[OscarR]

In Forex, it’s not about guessing perfectly, it’s about managing risk, sticking to a plan, and letting the winners outweigh the losers.

 

[Arya Stark]

In Forex, it’s not about guessing perfectly, it’s about managing risk, sticking to a plan, and letting the winners outweigh the losers.

No one can guess more than 50% of times. And when you can't guess more than 50% times, no matter what plan or risk management it will be, the winners won't outweigh the losers. And we still have profitable traders. So my question hasn't yet been answered

 

[Enivid]

First, it has to be proven that it isn't possible to "predict the future" (whatever that even means) in Forex more than 50% of the time.
Second, one can profit in Forex even when losing more than 50% of their trades (if that's what you mean by predicting the future).

 

[Arya Stark]

First, it has to be proven that it isn't possible to "predict the future" (whatever that even means) in Forex more than 50% of the time.
Second, one can profit in Forex even when losing more than 50% of their trades (if that's what you mean by predicting the future).

This post is not about R:R ratio.

 

[hayseed]

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seems to me, oscar did answer your questions......... all 3 of them........
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deleting my post above...... this seems to be going down a road i prefer not to travel.....h

 

[Arya Stark]

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deleting my post above...... this seems to be going down a road i prefer not to travel.....h

You are right. People should reply only after they understood the post.