Risky business
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.
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.
Mitglied seit 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
Mitglied seit 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.
Mitglied seit 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.
keeping patience.......
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.
Mitglied seit 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.
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.
Mitglied seit 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.
Mitglied seit Jul 23, 2020
869 Posts
May 25, 2021 at 21:28
Every business has its own risk. So, try to minimize it.
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.
Mitglied seit Mar 17, 2021
536 Posts
May 27, 2021 at 19:46
Akasuki posted:You are right. This is a risky market. Without proper knowledge, you can lose all your money in this market.
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.
Mitglied seit 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.
Mitglied seit 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.
Mitglied seit 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.
