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Risky business

Michael Butcher (Finarmcom)
May 27 at 08:52
posts 8
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.

Akasuki
May 27 at 12:20
posts 288
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.

SteveHanks
May 27 at 19:46
posts 370
Akasuki posted:
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.

You are right. This is a risky market. Without proper knowledge, you can lose all your money in this market.

LukeRachel
Jun 17 at 00:35
posts 327
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.

thespreader
Jun 17 at 09:05
posts 13
Yes agreed! Forex is risky, but if traded with proper knowledge then it can give you excellent returns.

lovefortrading (perryjohn765)
Jun 17 at 10:13
posts 238
it is just not forex. But all the businesses are risky. One needs to take the risk before starting anything.

gradking
Jun 18 at 10:33
posts 15
thespreader posted:
Yes agreed! Forex is risky, but if traded with proper knowledge then it can give you excellent returns.


Forex trading is risky for everyone and that's why this is the place where only skillful trader can take the advantage. Back-testing of strategies is the only way to be sure whether that trade plan will work or not.

zvr564
Jun 19 at 08:08
posts 20
If you made some profit, you’d never call that risky. But if you lost it on the other hand, then it is definitely risky.


CraigMcG2020
Jun 19 at 10:11
posts 135
It can be risky but if you're using proper risk management risking 1% and having reward of 2/3R

RobSchiz
Jun 19 at 16:50
posts 383
LukeRachel posted:
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.

Yes. Controlling risks may lead you to the success.

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