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Risky business

Oct 30, 2020 at 12:20
2,148 Views
57 Replies
Member Since Jul 19, 2020   751 posts
Oct 30, 2020 at 12:20
Forex is a risky business. You can't be risk free here. This is the reason there is something called risk management. By managing your risk you can make good profit. To be expert in risk management you need to study a lot. Don't trade without managing your risk.
Member Since Jul 19, 2020   298 posts
Nov 01, 2020 at 06:32
Due to high leverage and nature of the market, forex trading is risky. That's why traders need to manage their risk. Without risk management, you are making a risky business more risky.
Member Since Jul 19, 2020   788 posts
Nov 02, 2020 at 01:12
Forex is a risky business in which you have to maintain risk to survive the business. If you can't maintain the risk, you can't make a profit consistently. I always maintain a 1: 3 risk-reward. That risk-reward helps me move forward in trading.
Member Since May 13, 2020   128 posts
Nov 02, 2020 at 07:18
The main thing is to understand correctly and clearly for yourself how to do this and what risks you need to take.
Member Since Feb 25, 2020   95 posts
Nov 03, 2020 at 10:44
Forex is a highly risky industry that allows you to earn a lot and lose a lot of money. Whoever is capable of what gets it.
Member Since Jul 05, 2019   12 posts
Nov 03, 2020 at 11:00
No risk no reward. If there was no risk then this would not be a way to make money
Member Since Mar 16, 2020   54 posts
Nov 03, 2020 at 11:11
The forex market is risky because of its volatile nature. However, if you have a proper risk management then you can trade without losses.
Member Since Nov 30, 2020   25 posts
Dec 04, 2020 at 07:00
The volatile nature of forex makes it quite risky. That’s why there is risk management that will make things better for you.
Member Since Aug 27, 2017   994 posts
Dec 04, 2020 at 10:25
from this risky place protecting your capital is very important, it focuses on money management and risk management, its most important issue to avoid unfortunate risk and losses.
Member Since Jul 19, 2020   298 posts
Dec 05, 2020 at 11:21
Money management is the most important thing in forex trading. Good management with an average strategy making profit is possible. But poor money management with best strategy resulting in loss. A good trader is a well money management follower. I personally do not use more than 2% of my capital. My total trades sum up 2% of my capital.
Member Since Jul 23, 2020   759 posts
Jan 01, 2021 at 16:47
Without risk there is no gain in business. However, you can control the risk with proper risk management.
Member Since Dec 21, 2020   17 posts
Jan 02, 2021 at 05:24
AniLorak posted:
actually making profit is not a big deal in Forex trading , the main things in there to keep consistent level which is the main challenge . anyone can make profit by one or two times.

Very true, Many people start off forex trading but quit too soon, because they have unrealistic expectations from it when in reality no success comes without devotion and effort.
Member Since Dec 16, 2020   23 posts
Jan 02, 2021 at 06:12
Yes, forex does come with a lot of risks attached, which is why risk management is a crucial part of trading here. One wrong step taken in carelessness and your account becomes open to so many risks.
Member Since Jul 20, 2020   298 posts
Jan 03, 2021 at 02:25
Trading is very risky but to survive in this risky market you need proper knowledge and trading education. At the same time, discipline and plan should be followed.
Member Since Jul 23, 2020   869 posts
May 25, 2021 at 21:28
Every business has its own risk. So, try to minimize it.
Member Since May 27, 2021   16 posts
May 27, 2021 at 08:43
LyudmilLukanov posted:
Every business has its own risk. So, try to minimize it.
Well said, How do you try to minimse it? can you share with us?
Member Since Apr 22, 2021   8 posts
May 27, 2021 at 08:52
I totally agree that this business is risky. On the other hand, we have a lot of opportunities to earn money with the help of brokers. I can advice you to study all available info about brokers. That's important to study the broker you want to work with. When I was looking for the right broker.
Member Since Mar 28, 2021   617 posts
May 27, 2021 at 12:20
Yes forex trading is one of the riskiest business in the world. Due to high leverage it becomes risky. That's why every trader should use proper risk management policy.
Member Since Mar 17, 2021   536 posts
May 27, 2021 at 19:46
Akasuki posted:
Yes forex trading is one of the riskiest business in the world. Due to high leverage it becomes risky. That's why every trader should use proper risk management policy.
You are right. This is a risky market. Without proper knowledge, you can lose all your money in this market.
Member Since Mar 16, 2021   477 posts
Jun 17, 2021 at 00:35
Forex trading is very risky. To control this risk I need to use money management and risk management. If it is possible to control risk properly, it is possible to succeed in trading.
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