Forex is a risky market

Results 1 to 8 of 8

Thread: Forex is a risky market

  1. #1
    Senior Member
    Join Date
    Jul 2020
    Posts
    255
    Thanked: 0

    Default Forex is a risky market

    Forex is a risky market
    Forex is a risky market. Also, there is no such thing as 100% profit in forex trading. Therefore, good planning gives good results in trading. But despite having a good trading plan, traders cannot reduce the risk. I learned proper risk management strategy first from my broker Eurotrader educational resources. It is very important in forex trading.

  2. #2
    Senior Member
    Join Date
    Jan 2020
    Posts
    310
    Thanked: 0

    Default

    Difficulty in every business arise due to the unknown facts. But in every business, there are some rules and conditions and Forex trading is not different from other investment businesses. You need to put good time to learn the trading terms and conditions to lead a credible life. With my broker Tpglobalfx anyone can lead a glorious trading career because they have the best trading tools and features. Moreover, they help their clients to learn first.

  3. #3
    Senior Member
    Join Date
    Feb 2021
    Posts
    163
    Thanked: 0

    Default

    True, the risks are many. Scam brokers, for example, are ubiquitous and pose a significant risk for newbie traders.

  4. #4
    Senior Member
    Join Date
    Jul 2020
    Posts
    241
    Thanked: 3

    Default

    Successful trading is all about controlling your risk. There are some more important things to follow which include good strategy, good trading plan, professionalism and choosing the right broker. You can not get good result by trading in a poor broker. I trade forex at Eurotrader broker. I am here in this broker since it is a regulated broker and has tight spreads. I likewise can withdraw my cash quickly.

  5. #5
    Senior Member
    Join Date
    Jul 2020
    Posts
    222
    Thanked: 1

    Default

    Forex trading is risky but I have to maintain discipline and plan with money management and risk management. If I ever have trouble maintaining money management, I will not be able to make a consistent profit in trading. I must first understand that if I trade with any strategy, I will be a profitable trader. And I have to practice that strategy.

  6. #6
    Senior Member
    Join Date
    Aug 2020
    Posts
    172
    Thanked: 3

    Default

    If you want to be successful in the forex market, you have to acquire proper trading knowledge by learning. How much money you have is completely irrelevant in this market. This market allows interested and passionate people to trade and make money even with less investment. It is better to know the market well. That's why Eurotrader offers free courses.

  7. #7
    Senior Member
    Join Date
    Apr 2016
    Posts
    542
    Thanked: 0

    Default

    Forex is risky but if you learn it properly then you could turn those risks into rewards.

  8. #8
    Senior Member
    Join Date
    Feb 2017
    Posts
    904
    Thanked: 1

    Default

    in ro ham eslah kon:
    Quote Originally Posted by Giacinta loggia View Post
    Forex is a risky market. Also, there is no such thing as 100% profit in forex trading. Therefore, good planning gives good results in trading. But despite having a good trading plan, traders cannot reduce the risk. I learned proper risk management strategy first from my broker Eurotrader educational resources. It is very important in forex trading.
    Forex is not my hobby, I am spending here more than 12 hours in a day! In addition, in my live trading I’m following all of terms and conditions of a pro trader! But that’s doesn’t mean, here I am expecting any unrealistic profit! Right now my monthly target is round 10%, that means yearly target 120%, quite healthy yearly target!

Similar Threads

  1. Risky trading market
    By Giacinta loggia in forum General Forex Discussion
    Replies: 9
    Last Post: 06-09-2021, 08:15 AM
  2. Forex is a risky trading market
    By Giacinta loggia in forum General Forex Discussion
    Replies: 3
    Last Post: 05-31-2021, 06:11 PM
  3. Financial market is a risky market
    By Kieran Phillips in forum Forex Beginner's Forum
    Replies: 7
    Last Post: 01-07-2021, 05:31 AM
  4. Forex is a risky market
    By Peter Suh in forum General Forex Discussion
    Replies: 2
    Last Post: 11-28-2020, 11:01 AM
  5. Forex is actually a risky market place.
    By Tom Daley in forum General Forex Discussion
    Replies: 3
    Last Post: 12-13-2019, 04:19 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us