Is forex trading safe?


8 Answers

Mulham Masih Profile
Mulham Masih answered

As any type trading/investments do have risks same is the case with the Forex. It is risky market.

Anonymous Profile
Anonymous answered

Don't listen to "guru" traders on Twitter who try and sell you forex signals claiming they can make you millions overnight. Trading FX is extremely risky due to the leverage offered by some penny stock brokers listed here. New traders may get lucky at the start and make small profits but will lose everything on one or two trade due to poor risk management. They could have a 70% win ratio and still go broke. Forex trading robots sold on Clickbank have lost traders thousands of hard earned money. You need to find a reputable mentor who will teach you his strategy and profit from events such as Brexit. The pound is falling against every major currency, it is a great opportunity to make easy money short selling.

Anonymous Profile
Anonymous answered


Djamel Djamel Profile
Djamel Djamel , Get daily a free forex signals high accurate, answered

Yes...for pro trader not all

James Smith Profile
James Smith , yes it is, answered

doing forex trading make you easy money. It is very easy, safe and secure. It is done by receiving forex signals either by manually or automatically.

Nowadays forex robot is used to receive signal and place a trade.

Jose K Adams Profile
Jose K Adams answered

"Dear Trader,

I am very happy to share some information about the brand new "Scalping Detector" indicator with you! Thank you very much for your interest!

It's a unique scalping indicator for MT4 (Not EA/Robot) that works on ALL pairs and M1, M5 timeframes.

"Scalping Detector" comes with a step-by-step user guide with screenshots, special tips and trading rules. It will help you get the most out of this new indicator.

Every time there is a new trading opportunity, "Scalping Detector" will generate a new BUY or SELL Signal.

Whenever a new signal is generated - "Scalping Detector" will inform you via pop-up sound alert, email alert or a push notification sent to your mobile. Online foreign

IMPORTANT: Signals NEVER repaint. If you get a new signal, it will stay there. The indicator WILL NOT change its mind and reposition the signal.

"Scalping Detector" has also been equipped with a new Smart Exit feature that generates special exit signals which identify optimal opportunities to close your trades - before you even get a new opposite signal!

The new Smart Exit feature combined with our special unique BUY/SELL algorithms enable "Scalping Detector" to give you reliable and powerful signals that you can use to make easy and profitable trades.

No repaint, powerful and reliable BUY/SELL signals, special Smart Exit feature, 3 types of signal alerts and multiple trading styles will ensure the best results possible.

I am 100% confident that you will be happy with the brand new "Scalping Detector" indicator.

Amit Bajpayee Profile
Amit Bajpayee answered

Forex trading is safe if you are good at dealing with the risk management. When you trade forex, you put your money at risk in an investment strategy. However, the risk can be managed with a prudent trading strategy. You need to develop some good trading strategies, monitor economies closely, and make analysis of demand ans supply. Before investing, make sure you track the rates of exchange between them.

To know when to sell a particular currency and when to purchase one, you will have to start learning statistical analysis of economies and also their demand and supply. To keep your knowledge updated and senses alert, you can take advice of Forex Trading mentor like Kishore M, who help you with the Forex strategies, guide you with entries and exits of trades and alert you about the different changes in the world economies. Just remember, the market is not the same every day.

Chips Ters Profile
Chips Ters answered

Hello, Forex trading is safe if you know how to manage risk. When you trade Forex, you are risking your money in an investment strategy. However, risks can be managed with a sound trading strategy. You need to develop some good trading strategies, keep a close eye on the economy, and conduct supply and demand analysis. Before investing, make sure you keep track of the exchange rates between them. To know when to sell this or that currency and when to buy, you will have to start studying the statistical analysis of the economy, as well as their supply and demand. To keep your knowledge up to date you can learn here, it will help you with Forex strategies, guide you with trade entries and exits and alert you to various changes in the global economy.

Answer Question