Uncertainty Principle & Forex

According to Uncertainty principle we cant predict any movements in this world, None of any indicators can show you the future of currency movement

Whats Next?

Uncertainty principle
http://en.wikipedia.org/wiki/Uncertainty_principle

Forex is not a game of prediction but one of probability.

most of time probability win ratio is 50/50

Trading is not quantum mechanics.

The trading equivalent would be random walk theory or the efficient market hypothesis. The presence of highly competent traders such as Ed Thorp, who managed to achieve an average annualized compounded return of 19% over 19 years with 98% winning months (227 winning months, 3 losing months), simply blows these arguments out of the water. Even if one uses the monkey and the typewriter allegory and added a hundred million traders into the equation, the probability of this happening is still infinitesimally small. There's a reason why the people who are banging the E.M.H. and R.W.T. drums are almost always academics.

Those who can't teach, those who can DO.

Certainty = winning all placed trades (100% wins)

Indeed it is not possible, but to profit consistently in trading you do not need 'Certainty'
all you need is a good trading strategy and money management

This equation will be a good explanation:
(win frequency * win value) + (lost frequency * lost value) = P(v)
(60% * 1) + (40% * -1) = 20%, this means 60% wins with TP:SL = 1:1
(30% * 3) + (70% * -1) = 20%, this means 30% wins with TP:SL = 3:1

As long as the result of the equation is positive you would be able to profit consistently in trading.
Therefore you can adjust your trading system accordingly:
either you have a high probability trade with small TP:SL
or a low probability trade with high TP:SL
it would be best to have HPT and high TP:SL, but definitely cannot be 100%

one more important thing that you need to have to be able to trade profitably is: 'Patience'

Good luck in you trading

Thank you for all great reply, i am trading system that have 75% win ratio based on probability and grid, i was thinking how [highlight=rgb(244, 246, 249); color:rgb(0, 0, 0); font-family:verdana,helvetica,sans-serif]Uncertainty[/highlight][highlight=rgb(244, 246, 249); color:rgb(0, 0, 0); font-family:verdana,helvetica,sans-serif] theory will effect my system, as you said we dont need 100% win ratio in forex trading [/highlight]

[highlight=rgb(244, 246, 249); color:rgb(0, 0, 0); font-family:verdana,helvetica,sans-serif]Happy trading.![/highlight]

No one gets it right, all the time. And as for the uncertainty principle, nice take but no, it does not apply to the market.

The beauty of trading is that you do not have to know or predict what is going to happen in the market at any given moment in order to profit. This is why trading is not about prediction but taking advantage of the probability of something happening when the odds are in your favour.

75% win ratio is too good enough to earn a very good income. You can use proper money management techniques to polish it

Forex market is the most volatile market. If you want to become successful in this market, you have to be very careful and expertise.

You don't need to be correct 100% of the time.If you are correct 50% of the time and have 1:2 risk reward ratio, you will make money here. Problem is we want to be 100% correct and do not want to follow any discipline.

Forex is not a game. If you want to become successful in the forex market you have to be serious about your trading.

We can not predict exactly how the market will move in the future because of its volatility, so always follow the trends and do the trading.

Technical analysis does produce relatively decent predictions. It's not an exact science, but sometimes it is surprisingly correct.

There is no such thing as a 100% guarantee in Forex trading. Every trader trades on possibilities. So Proper Money Management and Risk Management can perfect the trading profit.