Risky business
Jun 18, 2021 at 10:33
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.
Member Since Jul 20, 2020
385 posts
Jun 19, 2021 at 10:11
It can be risky but if you're using proper risk management risking 1% and having reward of 2/3R
Jun 20, 2021 at 12:22
It is the psychological aspects that makes the difference between demo and real account. In real account, your own money is invested. That's why you are emotionally involved. According to human psychology, people tend to take impulsive decision when they are emotionally attached to anything.
Member Since Mar 16, 2021
447 posts
Jun 21, 2021 at 00:25
RobSchiz posted: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.
Yes, it is not possible to survive in trading without risk control.
Member Since Jun 26, 2020
323 posts
Jun 21, 2021 at 06:13
there is no business in this trading area where no is available , risk is everywhere you just need how to maintain it with great level of patience.
Member Since Feb 15, 2021
10 posts
Jun 25, 2021 at 04:08
Trading is no doubt a risky business. So doing research and gathering info about each and every thing like broker, exchange, currency pairs, etc..is a very good practice.
Member Since Mar 17, 2021
494 posts
Aug 15, 2021 at 08:31
Dictiony posted:
Forex is a risky business and you only can be successful in forex. You can make a good profit in forex with a great strategy and plan.
I agree with you. a proper plan can make you rich in this market.
Member Since Aug 18, 2021
8 posts
Aug 18, 2021 at 06:46
Any type of investment and trading involves risk and usually this risk is put in an additional % in the cost of a service or product (if we are talking about other markets).
All you have to do to control the risk is to calculate it and include it when you open a trade. That is correct using the ratio of reward and loss.
All you have to do to control the risk is to calculate it and include it when you open a trade. That is correct using the ratio of reward and loss.
Member Since Mar 16, 2021
447 posts
Sep 11, 2021 at 01:09
Unellene posted:
any investment is a risk, and this must be understood
I think the same thing, there is a business where there is no risk.
Oct 05, 2021 at 23:15
I totally agree. the only thing that is more dangerous and risky than investing is casino games. but, as for me, to play in a casino is not to respect yourself. Therefore, I still prefer investments. Although in any case, investments are also not the best way to earn money.
Member Since Aug 27, 2017
875 posts
Dec 23, 2021 at 11:21
every business contains huge risks just you have to make sure the most powerful analyzing trade knowledge. otherwise, the result of trading can be useless.
keeping patience.......
Dec 31, 2021 at 05:30
Exactly! The purpose of risk management is to minimise risks and increase profits. If traders can apply the right methods to minimise risks, then they can easily increase the chance of making profits. Some of the risk management methods include use of stop loss and take profits, allocating reward risk ratio to trades, and risking small percentage of capital which you can afford to lose
Dec 31, 2021 at 18:05
you need to take some form of risk in life to make a gain. if you are not putting any thing on the table then you cant expect to make gains, now the importance is to not put any thing down you are not willing to lose and that you take an educated assessment of the risk to reward and understand that it will not all ways play out in your favour there for double and nothing stakes dont work for you
Member Since Feb 28, 2022
1 posts
Feb 28, 2022 at 08:33
Any business related to investments is a risk. However, what can be said about the risks of creating an LLC?
Member Since Apr 09, 2019
516 posts
Mar 01, 2022 at 10:49
Risks are present in all life. They just have to be managed. Just as the risk of jumping out of a plane with and without a parachute are opposite ends of the spectrum, so too is kamikaze trading vs trading with strict risk management and a plan. Focus on mitigating risk as much as you can and let profits present themselves rather than chase profits at any risk.
If you can't spot the liquidity then you are the liquidity.
