How risky is Forex Trading?


4 Answers

Rooster Cogburn Profile
Rooster Cogburn , Rooster Cogburn, answered

Good info here :

Forex trading – like any form of trading – is not without risk. Some may even suggest that trading in the forex market actually carries above-average risk. The one rule you must hold above all else is to trade only using your risk capital. In other words, never trade more than you can afford to lose.

What are The Risks in Forex Trading? | OANDA

Alea Seif Profile
Alea Seif , Multi Management and Future Solutions provides customized service and financial advice for Singapore, Malaysian, UAE and UK, in which you'll, answered

Most of the people think that Forex trading is very risky market.

So , you must tack care for that risk and need to know about that risk .Here are Some risk are as follow -

1.You stand the danger of losing your whole exchanging capital.

2.You will have many losing exchanges before you get productive.

3.A few dealers chase stop misfortunes.

4.Forex is loaded with trick.

5.The feelings of covetousness and dread.

6.Not having the correct exchanging procedure.

7.Not having a guide.

IF you want to avoid risk then you must for must follow Forex trading Signals . So that you can get proper guidance and can earn lots of profit.

Karl Sagan Profile
Karl Sagan answered

Is there a possibility to contact a specialist via a hot line or something like that on this site, does anyone know? It'd be really cool to ask a specialist all the questions I have. They are concerned with peculiarities of trading strategies, if anyone can answer them here, would be great too.

Amit Bajpayee Profile
Amit Bajpayee answered

Since Forex Trading involves money, it is risky as you may lose it with wrong decisions made while trading. You need proper impulse control, shrewd decision making, and the ability to sit tight and wait after making your trades. If you can calculate your risk and manage is accordingly, you will earn profits.

To minimize the losses and earn profits, one should know how forex trading system works, what startegies one should implement according to the interest and trading style, what are the entry and exit trade that help you make profits. The best way is to hire a Forex trading mentor or join Forex trading courses where these things can be learned.

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