Risky business

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.

Due to high leverage and nature of the market, forex trading is risky. That's why traders need to manage their risk. Without risk management, you are making a risky business more risky.

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.

The main thing is to understand correctly and clearly for yourself how to do this and what risks you need to take.

No risk no reward. If there was no risk then this would not be a way to make money

The forex market is risky because of its volatile nature. However, if you have a proper risk management then you can trade without losses.

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.

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.

Without risk there is no gain in business. However, you can control the risk with proper risk management.

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.

Yes, forex does come with a lot of risks attached, which is why risk management is a crucial part of trading here. One wrong step taken in carelessness and your account becomes open to so many risks.

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.

Every business has its own risk. So, try to minimize it.

LyudmilLukanov posted:
Every business has its own risk. So, try to minimize it.

Well said, How do you try to minimse it? can you share with us?

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.

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.

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.

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 agreed! Forex is risky, but if traded with proper knowledge then it can give you excellent returns.