Quote:
Originally Posted by mp6140
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having been trading for 30 and trading specifically forex for 7 years, I find that statement as far off base as anything Ive ever heard.
although you may not yet recognize it, forex is a vehicle with extremely strict support and resistance areas, a need to maintain trend, even if blown off track by news or greed of the banks, and is essentially predictable as heck !
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You got my comment wrong.
Poker has a very easy way to calculate probabilities if your hand is winning or not. It has limited set of 52 cards that are always dealt with exactly the same way, exactly the same winning hands in exactly the same winning order in each game. And exactly the same set of rounds after which the game stops and begins from zero again (With different account sizes of course).
There is no such formula in forex. Poker is really a game of probabilities whereas forex is something much more complex (as are all the markets). And at the market, rules change. In poker they don't.
Note that I didn't say Forex is random, I only said that you can calculate probabilities with certainty with specified formula in poker but not in forex.