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Is Forex risky?

LyudmilLukanov
May 25 at 08:37
posts 809
Forex is risky because most of the traders don’t have any analytical knowledge and they don’t know how to select a right broker for them. As a result, they get upset easily. Traders should not get upset so easily rather they should sketch out a plan by following which they can go ahead easily.
LabuyaChicay
May 25 at 08:48
posts 63
Wrong thgoughts, situation, wrong broker selection, lack of knowledge make Forex trading seem harder. But, these all things can be recovered only by earning knowledge. So, education should be given much priority by a trader.
AayushiShah (AayushiShah)
Jun 15 at 12:35
posts 12
Yes, Forex trading is risky. Foreign exchange trading on margin contains a high level of risk and is not appropriate for all traders. The High level of leverage can bring you profits as well as losses in trading.

Before considering trading in foreign exchange, you should carefully examine your asset objectives, experience level, and risk appetite. However, many techniques are available in the market to control risk and profit from your trade. Risk management is critical in forex trading; if you don't do it correctly, you won't be a successful trader.
HeavenLeighGill (HeavLeighGill26)
Jun 15 at 14:14
posts 282
While important, choosing the right broker doesn't guarantee any success when the person doesn't know what they're doing. Forex is risky yes, and it's hard to commit when you know that your time could actually result in lost money versus making more. A 9-5 job guarantees a paycheck but trading does not.
essencejo
Jun 16 at 11:15
posts 31
Yes, forex is risky and difficult at first. However, once you understand it, you will be able to construct your own strategy and feel much more confident. When you trade, there is always the chance of risk, but with time, you develop the courage and confidence that makes you feel good about it.
Hotheead
Jun 17 at 11:52
posts 23
No way is an easy way of making money. You have to work towards success. If you don’t work upon finding what went wrong with your trades, you won’t really learn. You may think that you have already spent years on learning but the real experience comes from live trading. It is risky and you have to protect your account.
Marcel Durham (MarcellusLux)
Jun 20 at 14:11
posts 158
Risky and difficult, but very profitable with the right approach.
A detailed market analysis, understanding of the market, a trading plan and a set of necessary mental qualities shifts the risk scale down and provides opportunities for earning.
NikkiStrickland
Jun 21 at 08:14
posts 16
Forex is not only risky but also difficult to trade if the trader is ill-equipped with the required skills and knowledge.
CraigMcG2020
Jun 21 at 10:39
posts 349
MarcellusLux posted:
Risky and difficult, but very profitable with the right approach.
A detailed market analysis, understanding of the market, a trading plan and a set of necessary mental qualities shifts the risk scale down and provides opportunities for earning.
This is completely true, i would say however it isn't risky if done right. If you have a trading plan and risk 1% of your capital and also have backtested the strategy you can easily de risk
JasperMonvill
Jun 22 at 05:21
posts 38
First and foremost, you must recognise that forex trading is a high-risk endeavour. However, this does not rule out the possibility of somebody generating a fortune through forex trading. If you are a beginner and enter forex trading without much information, you will almost certainly lose all of your money.
AndrewMcCalam54
Jun 22 at 07:23
posts 123
i never found at any business which is risk free , so of course forex will be risky. thanks. take it or leave it.
Seb King (sebking1986)
Jun 22 at 11:01
posts 448
Define risk? Many would argue getting out of bed each day is risky. Or that even getting into bed is risky. It's relative and the risk taken is controllable to an extent.
If you can't spot the liquidity then you are the liquidity.
Marcel Durham (MarcellusLux)
Jun 22 at 15:48
posts 158
CraigMcG2020 posted:
MarcellusLux posted:
Risky and difficult, but very profitable with the right approach.
A detailed market analysis, understanding of the market, a trading plan and a set of necessary mental qualities shifts the risk scale down and provides opportunities for earning.
This is completely true, i would say however it isn't risky if done right. If you have a trading plan and risk 1% of your capital and also have backtested the strategy you can easily de risk

This is what I wanted to say, the right approach and professionalism turns risk into profit, and difficulty into the beauty of balanced trading.
CraigMcG2020
Jun 22 at 16:47
posts 349
AndrewMcCalam54 posted:
i never found at any business which is risk free , so of course forex will be risky. thanks. take it or leave it.
Very true a business that you have to purchase large amounts of stock at a decent price so you can make a profit has the risk of having unsold stock and can sink a person or company quicker than forex
Suradi (FXOday)
Jun 23 at 00:04
posts 326
Forex trading is risky here based on some statistics more than 69% of traders or investor losing money in CFD market, here required good skills to become profitable traders, the profit today not guaranteed will get the same result for tomorrow, the market forex very dynamic and trader need to work based plan trading
CarlJohnson10
Jun 23 at 07:04
posts 2
Forex is risky but we can minimize the risk. High leverage is attractive but i think optimal leverage is 1:100. Optimal leverage, enough free margin, technical analysis are key features for minimizing risk
Labadung
Jun 24 at 09:15
posts 1
Dude, I don't agree with you. Forex is, on the contrary, considered reliable due to its advantages. This is an international market where you can profit by betting on the fluctuations between almost any currency pair. And anyone can trade in this market, regardless of citizenship and location. Only large, officially licensed companies can become Forex participants. These companies are called brokers. So if you know the system, you can try to analyze it yourself. A Forex broker is a necessary intermediary between the trader and the international currency market. Naturally, based on this, the choice of a broker is the most important step for any trader. What do you think about it?
CloeTerry
Jun 24 at 10:00
posts 18
Traders aren't well-versed in the market. Foreign exchange trading can be risky. But if you are willing to put in the effort to learn and practise, you will succeed. You'll find it easier.
Whereon
Jun 28 at 05:14
posts 15
Forex is always risky. The risk associated with the forex market will always persist. It was risky, it is risky, and will remain risky forever. Of course, hard work and experience will help reduce the risk associated with the forex market; they do not simply negate the risks involved.
Iconoplast
Jun 28 at 05:21
posts 18
I don’t know why people, especially those who are new to forex, do not understand that forex is a very risky market. They lose it all at once. They underestimate the value of learning and knowledge - their only saviours in the forex market.
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