Is Forex trading risky?
yes i agree with you.when people don't know waht is forex and when people want earn more money to very short time than he will losses more money.
Originally posted by tanviryes i agree with you.when people don't know waht is forex and when people want earn more money to very short time than he will losses more money.
That's why it's very important to have knowledge in forex trading.
Rather than knowledge ( as a fixed concept) i believe the perspective you see trading is more important, yes trading is risky if you look at it from a gambler's poit of view but if you're geniunely interested in it you would take the initiaive to investigate and minimise your risk by trading properly.
Originally posted by PurplemoneyRather than knowledge ( as a fixed concept) i believe the perspective you see trading is more important, yes trading is risky if you look at it from a gambler's poit of view but if you're geniunely interested in it you would take the initiaive to investigate and minimise your risk by trading properly.
Forex trading, like any other investment and business, is risky. If you do not know what you are doing, then it is apparently obvious that you will failed. But if you are learning what you did not know, then there is a chance to succeed.
Wow... This thread has definitely most posts in General section which means people like to discuss risky nature of forex. It is risker than any other biz which means you need to have better strategy and plan to overcome this risk.
Stick to your rules
Having a plan really helps to overcome the risk.We all know that trading is really risky so it depends on us on how we manage our trading to be better.
Risk on forex is one most talked by traders i can say this since this is motly tackled by traders.Just like other business that we put into, forex also involves risk and their are some factoers that being discussed on how to minimized risk.But for me it is not enough that we learn how to minimized the risk that are present in forex but the most important thing is to implement what we learned on how to minimized risk on our live trading.
Yes i agree that forex is indeed very risky thats why it very important that we have a sufficient knowledge as a basic tools to use.It is very important that we have to apply on our trading what we learned on how to minimized the risk that are present on our trade.Doing this will help us to prolong our stay in forex trading.
Originally posted by uniquetraderWow... This thread has definitely most posts in General section which means people like to discuss risky nature of forex. It is risker than any other biz which means you need to have better strategy and plan to overcome this risk.
Right this topic is mostly discussed and its great cause it helps traders like us to be aware of the risk that forex have.It helps us to think more of a plan or strategy that would be better to minimized atleast if it cant be overcomed the risk that is present in our trade.It also reminds us that forex is one business in which profit is present as well as lose.
Originally posted by kaj84andaForex trading can be very risky if you don't use proper risk management.
Forex trading, like any other types of investment, is risky. And one of the good ways to face this risk is to have a good risk management plan and method. This includes controlling your losses.