Is Forex trading risky?
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Member since: 06/11/2013
Originally posted by dianayesOriginally posted by leebelisarOriginally posted by dianayes
It would be risky if you don't know how to use proper risk management.
Yup. And for you to use proper risk management, you have to learn it first. Learning is always at the lead.
Yes ofcourse!I always keep on learning everyday.
I think everyday learning about Forex would be to much. ;) I suggest to just do it every other day or every other two days so our brain cells won't get overload.
Messaggi: 41
Member since: 07/11/2013
Originally posted by leebelisar
Originally posted by dianayes
Originally posted by leebelisarOriginally posted by dianayes
It would be risky if you don't know how to use proper risk management.
Yup. And for you to use proper risk management, you have to learn it first. Learning is always at the lead.
Yes ofcourse!I always keep on learning everyday.
I think everyday learning about Forex would be to much. ;) I suggest to just do it every other day or every other two days so our brain cells won't get overload. " />
So that was your opinion,but I think there is no such schedule in learning.Its a natural process that we absorb and learn even if its everyday.
Messaggi: 120
Member since: 06/11/2013
Originally posted by dianayes
Originally posted by leebelisar
Originally posted by dianayes
Originally posted by leebelisarOriginally posted by dianayes
It would be risky if you don't know how to use proper risk management.
Yup. And for you to use proper risk management, you have to learn it first. Learning is always at the lead.
Yes ofcourse!I always keep on learning everyday.
I think everyday learning about Forex would be to much. ;) I suggest to just do it every other day or every other two days so our brain cells won't get overload. " />
So that was your opinion,but I think there is no such schedule in learning.Its a natural process that we absorb and learn even if its everyday.
You have your point. But mine, is pointed towards other traders who have full time job.
Messaggi: 42
Member since: 06/11/2013
Back to the original question which is IS FOREX TRADING RISKY?
Yes,knowing that the market is unpredictable and forex market is very huge.
Messaggi: 42
Member since: 06/11/2013
Originally posted by Champ
Originally posted by kjamal1984
Is forex trading risky?
Yes. it is high risk investment. In fact one of very high risk investments.
I agree especially for those who enter forex without having sufficient knowledge about forex.
Messaggi: 52
Member since: 07/11/2013
Originally posted by Gerski
Originally posted by Champ
Originally posted by kjamal1984
Is forex trading risky?
Yes. it is high risk investment. In fact one of very high risk investments.
I agree especially for those who enter forex without having sufficient knowledge about forex.
risk = reward....
high risk = high reward (after all you win some you lose some)
Messaggi: 21
Member since: 08/11/2013
Forex as we all know is very risky but as was already mentioned by lots of members this risk can be minimized or avoided through risk management in trading.
Messaggi: 47
Member since: 13/09/2013
forex is risky but still more people join because of the huge potential to earn substantial profits from it..You should come up with a good money management techniques into your trades and you should have a good trading plan on what techniques you are looking to use, as well as how much money you are looking to risk with each trade.
Messaggi: 120
Member since: 06/11/2013
Originally posted by kaj84andaForex trading can be very risky if you don't use proper risk management.
You are absolutely right. Forex like any other form of investment is risky. And you have to use the right risk management method or plan to minimize if not fully eliminated this risk.
Messaggi: 45
Member since: 06/11/2013
risk can never be fully eliminated in Fx, where there is reward there is equal risk, the best you can hope for is to minimise the risk via analysis.
Btw at the sufficient knowledge topic, i agree if the person is doing manual trading, but what if the person is 100% copy trading? in that sense the only 2 pieces of knowledge they need is how to work the internet, and read graphs and nothing about Fx is needed really.