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Risk and Forex
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Justice1024

Member Since Dec 10, 2017  177 posts Justice1024 Dec 11 2017 at 08:25
Of course this is a risky business. When you build a portfolio, actually you make a diversification of risks.

Justice1024

Member Since Dec 10, 2017  177 posts Justice1024 Dec 11 2017 at 08:27
mlawson71 posted:
BonkersBit posted:
Those are risks but they are not that often. Usually they are when there is a economic announcement and those are scheduled

True, most are scheduled. But you also have events like the Swiss bank unpegging the CHF which threw the market into chaos totally unexpectedly.


These ocasions (like black Wednesday, or the wave of devaluation im post-USSR countries in recent years) are fully planned and governed.

the_who

Member Since Dec 06, 2017  223 posts the_who Dec 13 2017 at 09:39
Talking about risks and unpredicted events I hardly recommend you the Nassim Taleb's book the Black Swan.

hotakac

Member Since Oct 27, 2017  20 posts Hotaka Ching (hotakac) Dec 13 2017 at 09:49
Mohammadi posted:
Practically despite of good trading knowledge there is nobody who can predict the real faction of this market with certainly. So, obviously this is a most risky trading place form any other business platforms and for keeping survive in a proper way we have to acquire proper trading knowledge , most accurate risk management pan ETC. otherwise we can fall a great loss when trading practically.




The fact is to study, many people believe that for financial freedom, it is as easy and tasty as taking the first plane to travel wherever you want since you can work with any site, but you do want to know and follow the trends in the market

Toothed

Member Since Dec 13, 2017  10 posts Toothed Dec 14 2017 at 08:09
The truth is black swan events DO happen. And if you are using high leverage then it only takes a minor black swan event to devastate an account

Justice1024

Member Since Dec 10, 2017  177 posts Justice1024 Dec 21 2017 at 07:46
the_who posted:
Talking about risks and unpredicted events I hardly recommend you the Nassim Taleb's book the Black Swan.


Thank you, I'll keep it in mind.

Arcferreira

Member Since Mar 02, 2017  36 posts Allan (Arcferreira) Dec 22 2017 at 10:47
Toothed posted:
The truth is black swan events DO happen. And if you are using high leverage then it only takes a minor black swan event to devastate an account


Exactly... an event like Swiss Franc crash was unexpected... high leverage and no Stop Loss was enough to send Fxmarket to chaos...

Trade safely... Remember, a high Drawdown means a high risk!
Justice1024

Member Since Dec 10, 2017  177 posts Justice1024 Dec 25 2017 at 15:54
Arcferreira posted:
Toothed posted:
The truth is black swan events DO happen. And if you are using high leverage then it only takes a minor black swan event to devastate an account


Exactly... an event like Swiss Franc crash was unexpected... high leverage and no Stop Loss was enough to send Fxmarket to chaos...


Many brokers have failed then, can you imagine the common traders/investors?

Arcferreira

Member Since Mar 02, 2017  36 posts Allan (Arcferreira) Dec 26 2017 at 08:01
Justice1024 posted:
Arcferreira posted:
Toothed posted:
The truth is black swan events DO happen. And if you are using high leverage then it only takes a minor black swan event to devastate an account


Exactly... an event like Swiss Franc crash was unexpected... high leverage and no Stop Loss was enough to send Fxmarket to chaos...


Many brokers have failed then, can you imagine the common traders/investors?


Yes... if your broker was one that failed... but traders that use low leverage and SL in trades survived.

Trade safely... Remember, a high Drawdown means a high risk!
Josephius

Member Since Dec 22, 2017  13 posts Josephius Dec 27 2017 at 15:32
Risk exists everywhere and always, even leaving your home, you can possibly hit by a car or brick can fall on your head. But without risk there is no profit. Starting a new business you are always at risk. Forex is very risky, but I believe that such risk is justified.

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Producer Price Index (YoY) (6 min)
EUR/USD stays neutral, attention to 1.16...(23h 29min ago)
EURUSD 1.15634 GBPUSD 1.31613
USDJPY 112.269 USDCAD 1.29538

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.