Risk and Forex
Derrik
Mitglied seit Aug 07, 2018
4 Beiträge
Aug 07 2018 at 06:50
Whenever anyone heard about forex risk always comes in the mind and this is true that risk in forex is inevitable. But forex also offers ample opportunities to make money and risk can be minimized with proper risk management. though I know it is not that easy but i must say that it also not impossible.
My7book
Mitglied seit Aug 06, 2018
13 Beiträge
Aug 07 2018 at 08:55
Forex is not for all people, worse yet, not for those who needs money from Forex. It requires high quality skills that is needed to run the consistent profit. Be it strong analytical skills, good in numbers, physical and mental stamina, record keeping, and most importantly, focus. It requires and consumes lots of your time.
vontogr
(togr)
Mitglied seit Feb 22, 2011
4862 Beiträge
Aug 07 2018 at 09:58
Forex is risky and profitable.
Almost everything profitable is risky.
Wanna profit without risk = go to daily job.
Almost everything profitable is risky.
Wanna profit without risk = go to daily job.
Derrik
Mitglied seit Aug 07, 2018
4 Beiträge
Aug 07 2018 at 10:18
togr posted:
Forex is risky and profitable.
Almost everything profitable is risky.
Wanna profit without risk = go to daily job.
Right, if you don't want any kind of risk then job is the best thing to earn money.
HappyDog1
Mitglied seit Aug 09, 2018
12 Beiträge
Aug 09 2018 at 10:19
Even then there are risks, you could get fired, reach a glass ceiling, the company goes bankrupt, AI steals your job, your wife has an affair while you are at work. Nothing is risk free in life
HappyDog1
Mitglied seit Aug 09, 2018
12 Beiträge
Aug 09 2018 at 10:19
At least in Forex you can quantify it!!
picard_trader261
Mitglied seit Aug 13, 2018
4 Beiträge
Aug 14 2018 at 10:22
Forex is without a doubt a very risky place to trade. So traders need to be very careful about how they want to navigate such tricky waters and be extremely careful. But its risk element is what makes it have such huge potential for massive gains and profits. So learn to manage your risk
picard_trader261
Mitglied seit Aug 13, 2018
4 Beiträge
Aug 14 2018 at 10:24
My7book posted:I second that. One of the prerequisites of successful forex trading is an analytical mind that can see patterns and easily crunch the numbers. And on top of that patience is another quality that helps traders in sticking out in the long run. It is not possible that all these qualities can be mastered by everyone. This is why it is said that forex is not everyone's cup of tea.
Forex is not for all people, worse yet, not for those who needs money from Forex. It requires high quality skills that is needed to run the consistent profit. Be it strong analytical skills, good in numbers, physical and mental stamina, record keeping, and most importantly, focus. It requires and consumes lots of your time.
DFisher
Mitglied seit Jul 21, 2018
12 Beiträge
Aug 14 2018 at 10:49
togr posted:
Forex is risky and profitable.
Almost everything profitable is risky.
Wanna profit without risk = go to daily job.
I agree with you almost every profitable thing is risky whether it is forex, business or anything else.