Is Forex risky?
Aug 04, 2022 at 07:45
Yes, forex trading is risky, and it always will be whether you are a beginner or an expert. However, if you are willing to put in the time and effort to learn and practice, you will succeed and manage your account properly with correct trading strategy, money management, and risk management.
Aug 12, 2022 at 08:08
Yes, forex trading is definitely risky. What contributes to its risk factor is high volatility, unpredictability, and market range. But with proper risk management, you can reduce the amount of capital you are risking to lose, and with correct analysis, you can make almost accurate predictions of the future market movement direction.
Aug 18, 2022 at 05:42
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.
Member Since Aug 17, 2022
60 posts
Aug 20, 2022 at 04:40
Trading in forex might be risky but with the knowledge about the market and right implementation of trading strategies one do wonders.
Aug 20, 2022 at 04:53
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.
Member Since Aug 17, 2022
39 posts
Aug 22, 2022 at 05:12
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.
forex_trader_2983986
Member Since Aug 04, 2022
31 posts
Aug 22, 2022 at 06:16
Anything Investment involves risk. Infact i find it much easier making profits in Forex than anything else,Reason I sticked to forex.
Aug 25, 2022 at 10:08
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.
Aug 27, 2022 at 03:59
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.
Member Since Feb 16, 2022
119 posts
Aug 28, 2022 at 13:35
Actually, timing plays a vital role for traders. So, fix your timing in trading because it will help you measure your performance.
Member Since Aug 17, 2022
80 posts
Aug 30, 2022 at 06:24
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.
Member Since Aug 05, 2021
401 posts
Sep 22, 2022 at 16:33
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.
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