Is Forex trading risky?
Forex is really risky if you dont know how to manage it.Demo accounts are good way to learn and you must also consider trading live on a small account you can afford to lose to really got a feel and practice how to manage risks.If you lose,then just consider it as your learning fee.Trading live,in my opinion will actually test your emotion factor whereas demo account will not because you know your just using a dummy money account.
Originally posted by kjamal1984Is forex trading risky?
Yes. it is high risk investment. In fact one of very high risk investments.
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.
Risk is part of Forex trading. But you can minimize it if you have the right risk management strategy. Also, you if you know well the in's and out's of trading there is a very big chance to counter this risk.
No Risk No gain, no guts no glory :) this doesnt mean you cant do some research and see the trends to manage reduce risk. With some fundamental/technical analysis this is already reducing some risk, otherwise its just forex gambling
Originally posted by NoobtraderNo Risk No gain, no guts no glory :) this doesnt mean you cant do some research and see the trends to manage reduce risk. With some fundamental/technical analysis this is already reducing some risk, otherwise its just forex gambling
Yup, there are lot of resources online that we can utilize to manage the risk and develop a good method to counter this risk. With right information, we can make a right approach and we can do a right trading timing.
Originally posted by kindaj24Forex is considered to be one of the most risky forms of investing because of the availability of leverage.
I agree thats why we should learn and apply risk management when trading.
Originally posted by gracebOriginally posted by kindaj24
Forex is considered to be one of the most risky forms of investing because of the availability of leverage.I agree thats why we should learn and apply risk management when trading.
Leverage is one of the reasons why we earn and why we did not earn in the trading right. But prankly speaking, all of us want to make sure that the return is more than what we invested. Its doing more money through the amount that we invested. This is where risk management enters.
Forex trading involve risk because it's a financial market and it's unpredictable and change in every second.No trade has a certain outcome in this market and that's why this market is very much risky.
Every business venture involves risk.In forex,you're dealing with an unpredictable financial market that changes everytime that is why it i very risky.Trades has no certain outcome so you must come-up on a good strategy and a good money management to lessen/combat the risks.
Originally posted by rrayne20009Forex trading involve risk because it's a financial market and it's unpredictable and change in every second.No trade has a certain outcome in this market and that's why this market is very much risky.
Every business venture involves risk.In forex,you're dealing with an unpredictable financial market that changes everytime that is why it i very risky.Trades has no certain outcome so you must come-up on a good strategy and a good money management to lessen/combat the risks.
Since Forex market is really not that stable as it moves and changes every now and then, contanst monitoring is very crucial. In this way you can develop a good strategy as to when to pplace the trade. Good money management is given. It is also a crucial thing to be noted.
It would be risky if you don't know how to use proper risk management.