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Is Forex risky?

Headmaster
Aug 12 at 09:40
posts 26
I think if newbies focus on managing risk by placing stop loss in the beginning, they have more chances of winning a little profit. The way you approach the market, the mindset used and how you plan your moves will dictate the future of your trades. Be practical instead of impulsive.
Cumward
Aug 18 at 05:42
posts 23
Well, I don’t think anyone should believe in the concept of making money that is easy and risk-free. Forex trading is not just risky but a challenging task that has more losers than winners. Take the risk only if you are ready both ways.
henrytrade
Aug 20 at 04:40
posts 57
Trading in forex might be risky but with the knowledge about the market and right implementation of trading strategies one do wonders.
Fx_keeth
Aug 20 at 04:53
posts 45
Always keep in mind that Forex trading involves risk of loss. Like, lack of proper knowledge, ignorance of risk management, position sizing and trading without strategy can be dangerous. So, it is important to have a proper trading strategy.
tyson_learner
Aug 22 at 05:12
posts 39
But what is not risky? Everything comes with risk, similarly if you have decent knowledge then there is no reason to not to try at least, because some risks turn out as the best decisions.
ProfitsByTrends (PensionPayout)
Aug 22 at 06:16
posts 31
Anything Investment involves risk. Infact i find it much easier making profits in Forex than anything else,Reason I sticked to forex.
Profit Is Always The Aim
Zoocentric
Aug 22 at 10:18
posts 24
I don’t think there is any way of making money that doesn’t come with a risk. Even at a job, you are under constant check and if you don’t do well, you will be thrown out. As in trading, you don’t have a boss, you can imagine how difficult it would be to make money in an environment where everyone has come to take advantage of this fact.
WMWM (WMWM)
Aug 24 at 11:58
posts 17
as long as risk vs reward ratio is lean more to reward, why not
Dreamery
Aug 25 at 10:08
posts 18
Every business has certain risks but there are ways to overcome that. The high volatility of the forex market makes forex so risky. To reduce the risks associated with forex trading, traders should practise sound trading techniques and implement a strict risk management strategy. Also, you should be disciplined.
SteveFx11
Aug 27 at 03:59
posts 148
Labadung posted:
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?

This way of trading helps a trader bring stability in trading. And only those who have proper knowledge of trading can do this.
LabuyaChicay
Aug 28 at 13:35
posts 93
Actually, timing plays a vital role for traders. So, fix your timing in trading because it will help you measure your performance.
electrica333
Aug 30 at 06:24
posts 53
I believe with great risks come great rewards but in trading one should also know when to stop even if they have good knowledge and skills because it’s better to be at none than to be in loss.
robindude
Sep 02 at 07:12
posts 110
Forex is risky for those who don’t know what to do and when to do it. Half knowledge is always dangerous and this applies in trading as well.
SteveFx11
Sep 04 at 13:01
posts 148
Among different types of trading, hedging and EA trading have becomes an area of traders’ fascination.
HeavenLeighGill (HeavLeighGill26)
Sep 22 at 16:33
posts 377
A lot of people are weary about trading because it is risky but a lot of other business ventures involve risk as well. Maybe you open a business and it loses money and eventually gets closed down. All the money you put into it is lost. Or you might get into investing in real estate and lose money that way. I think you have to spend money and take risks to make money in a lot of cases like this. The difference is in forex the process goes a lot quicker, where other things take more time to unravel.
Boondocks
Sep 23 at 07:39
posts 18
There's no doubt about it, forex trading is a risky business. The key to successful forex trading is to manage your risk. That means that you know your risk tolerance and being comfortable with the risks you're taking. If you're not comfortable with the risks, then you shouldn't be trading.
Zemirah
Oct 10 at 04:08
posts 23
Forex is risky but the risk can be managed if you have the relevant knowledge required to become a profitable trader. Never risking more than 2% of your trading capital on a single trade, setting a risk/reward ratio, using stop losses etc are the general rules that help us to manage the risk and make profits in forex.
Semiology
Oct 19 at 08:27
posts 19
Risk will always be there due to the volatile nature of the forex market. The one who is able to effectively manage this risk will surely attain success in the end. And this skill can be learned only when you seek knowledge and educate yourself as a trader.
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