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Risky business

Oct 30, 2020 at 12:20
57 Replies
Member Since Jun 15, 2021   13 posts
Jun 17, 2021 at 09:05
Yes agreed! Forex is risky, but if traded with proper knowledge then it can give you excellent returns.
Member Since Sep 12, 2017   238 posts
Jun 17, 2021 at 10:13
it is just not forex. But all the businesses are risky. One needs to take the risk before starting anything.
Member Since Jun 15, 2021   15 posts
Jun 18, 2021 at 10:33
thespreader posted:
Yes agreed! Forex is risky, but if traded with proper knowledge then it can give you excellent returns.

Forex trading is risky for everyone and that's why this is the place where only skillful trader can take the advantage. Back-testing of strategies is the only way to be sure whether that trade plan will work or not.
Member Since Jun 15, 2021   20 posts
Jun 19, 2021 at 08:08
If you made some profit, you’d never call that risky. But if you lost it on the other hand, then it is definitely risky.

Member Since Jul 20, 2020   399 posts
Jun 19, 2021 at 10:11
It can be risky but if you're using proper risk management risking 1% and having reward of 2/3R
Member Since Jul 19, 2020   751 posts
Jun 20, 2021 at 12:22
It is the psychological aspects that makes the difference between demo and real account. In real account, your own money is invested. That's why you are emotionally involved. According to human psychology, people tend to take impulsive decision when they are emotionally attached to anything.
Member Since Mar 16, 2021   477 posts
Jun 21, 2021 at 00:25
RobSchiz posted:
LukeRachel posted:
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.
Yes. Controlling risks may lead you to the success.
Yes, it is not possible to survive in trading without risk control.
Member Since Jun 26, 2020   327 posts
Jun 21, 2021 at 06:13
there is no business in this trading area where no is available , risk is everywhere you just need how to maintain it with great level of patience.
Member Since Aug 11, 2017   886 posts
Jun 23, 2021 at 10:00
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.
Member Since Apr 01, 2020   231 posts
Jun 24, 2021 at 00:06
Forex is a risky business and you only can be successful in forex. You can make a good profit in forex with a great strategy and plan.
Member Since Feb 15, 2021   10 posts
Jun 25, 2021 at 04:08
Trading is no doubt a risky business. So doing research and gathering info about each and every thing like broker, exchange, currency pairs, a very good practice.
Member Since May 27, 2021   2 posts
Aug 13, 2021 at 11:18
To make the business safe, read about secured and unsecured business loans. A secured business loan incorporates something of value as collateral that the lender can attach if the business defaults on payments.
Member Since Mar 17, 2021   536 posts
Aug 15, 2021 at 08:31
Dictiony posted:
Forex is a risky business and you only can be successful in forex. You can make a good profit in forex with a great strategy and plan.
I agree with you. a proper plan can make you rich in this market.
Member Since Aug 18, 2021   8 posts
Aug 18, 2021 at 06:46
Any type of investment and trading involves risk and usually this risk is put in an additional % in the cost of a service or product (if we are talking about other markets).
All you have to do to control the risk is to calculate it and include it when you open a trade. That is correct using the ratio of reward and loss.
Member Since Mar 16, 2021   477 posts
Sep 11, 2021 at 01:09
Unellene posted:
any investment is a risk, and this must be understood
I think the same thing, there is a business where there is no risk.
Member Since Sep 25, 2021   3 posts
Oct 05, 2021 at 23:15
I totally agree. the only thing that is more dangerous and risky than investing is casino games. but, as for me, to play in a casino is not to respect yourself. Therefore, I still prefer investments. Although in any case, investments are also not the best way to earn money.
Member Since Jul 19, 2020   751 posts
Nov 06, 2021 at 13:06
@RobSchiz Yes trading is risky without knowledge and skills. Leverage makes it riskier market. One should not jump into trading without having enough skills and knowledge.
Member Since Aug 27, 2017   994 posts
Dec 23, 2021 at 11:21
every business contains huge risks just you have to make sure the most powerful analyzing trade knowledge. otherwise, the result of trading can be useless.
Member Since Dec 13, 2021   32 posts
Dec 28, 2021 at 06:29
All businesses have some kind of risk. The same goes for forex trading. You might make money, or you might lose it all, but there are ways to mitigate your losses and increase your chances of making an overall profit.
Member Since Dec 14, 2021   46 posts
Dec 31, 2021 at 05:30
Exactly! The purpose of risk management is to minimise risks and increase profits. If traders can apply the right methods to minimise risks, then they can easily increase the chance of making profits. Some of the risk management methods include use of stop loss and take profits, allocating reward risk ratio to trades, and risking small percentage of capital which you can afford to lose
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