Risky business

Forex trading now later and forever remain risky, but here there are the different skills of each trader that makes the result trading different each other, good trader able to increase money day by day with higher winning trades than losing trades, but the bad traders will waste money with higher losing trades than winning trades.

Every business comes with certain amount of risk because it is the nature of a business. But, Forex is such a business that is even riskier than other business. But, you risk level will remain low providing that you trade with low leverage. Leverage plays an important role in increasing and decreasing risk level.

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

Every business is risky so Forex is not the sole one to be risky. A business cannot be counted as a business until there is risk. But, you have to know how to minimize the risk in a proper way. Increase your knowledge and reduce dependence on EA trading. Personally, EA trading cannot be a work of a professional trader.

How much risky Forex trading is depends on the amount of leverage that you are taking for a trade. I always keep my leverage amount lowered while trading because I try to trade risk freely as much as possible. The journey of Forex is inauspicious to many traders just because of this high leverage.

risk is everywhere , there is no way to avoid , but in spite of having much risk you can bring good amount of profit
from this trading place if you can make sure best risk and money management.

No doubt trading is dangerous, but you need the right information and training to survive in this market. Discipline and a plan should be followed simultaneously.

One of the downsides to trading is taking that risk, but we do have tools available to us to manage it so that we don't lose out on too much when things do go badly. I sort of enjoy the thrill, but always take precautions so as not to wipe out the account with a couple of bad moves.

There is no denying the fact that forex is risky. But it is all about finding out how you can manage the way you use your money for trading. Losses will always be there but you can control them by not risking more than your affordability.

Millions of traders have interest in Forex trading but they are not ultimately benefited from the market because they focus is not only learning that drives them towards losses. These traders are knitting their dream with Forex.

Random broker choosing will endanger you ultimately so cautiousness is needed about picking up a broker.

Risk will always exist in the forex market or any other financial market. But it is up to the trader how he/she deals with it. Incorporation of tools such as stop losses, T/P orders, and use of low leverage can help to minimise loss up to some extent.

Trading forex involves risk in every single trade, after throwing an order in the market, we get a floating loss due to charged spread, choosing low spread broker gives more benefits for traders to minimize the risk of high transaction cost, the risk is part in trading and we must accept the risk to avoid revenge