Yeah, liquidity seems almost endless, especially for a retail trader, but the catch is that these markets are usually super efficient, which means there are very few chances to find reliable patterns for profit. Consistently predicting the future well is incredibly tough, and it’s hard to expect any individual trader to systematically outsmart the market.
You are right. There are no strategies that would always correctly predict the price action in the market with 100% probability. But we can always minimize our losses by trading with risk control. And if our trading strategy gives the majority of correct signals, we can earn.
Absolutely, market efficiency leaves little room for consistent outperformance, especially for retail traders. Success hinges on finding niche inefficiencies, maintaining discipline, and managing risk effectively. Rather than "outsmarting" the market, focus on edge-based strategies with robust risk-reward ratios and realistic expectations. The journey requires patience and adaptability, not constant wins.
I think that you don't need to immediately set yourself up for a lot of money that you can quickly earn on forex. Then comes quick disappointment due to unrealistic hopes or inflated expectations. First, choose a reliable broker (for example, fxopen), open a demo account with them and create your trading strategy there, optimize it and then learn to earn more conservative profits on a small real account, but more stable ones. And only after that, you may have the opportunity to increase your capital and earn more.