Do you think Forex trading is safe?

Discussion in 'Forex Education' started by SweetPrincess, Jul 28, 2017.

  1. SweetPrincess

    SweetPrincess Trader

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    Forex trading is not safe unless you know what you are doing.
    For most people, Forex trading would be gambling.
    If you can find an experienced trader to take you under his wing, you might be able to learn enough to succeed.
    There is big money in Forex, but you could easily lose your whole stake too.
     
  2. Enivid

    Enivid Administrator Staff Member

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    I believe it is not safe even if you know what you are doing. Forex is really risky however professional you are.
     
  3. JimTatum

    JimTatum Trader

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    Hi,
    There is a risk for every business and trade. Anyone can start trading easily in Forex. But achieving success in Forex is not such easy. You need to be patience to achieve the goal of success in it. There are certain rules to be followed to meet the risk in trading. If you are stick with the rules, you will be in the safe zone. No one can force you to do trade in certain time limit. You have your own time. So you have to keep focus on your strategy and wait for the right time to trade.
     
  4. renez

    renez Trader

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    It's not so much a matter of risk itself on forex, but wether or not the broker will be able to provide stability and soundness for the deposit.
     
  5. Ary Barroso

    Ary Barroso Active Trader

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    No, Forex trading is not safe; because there is no guarantee in Forex! I have faced many times SP although I was very near about my TP, that’s the reality of Forex business! Traders need strong mind setup here! Forex is one of the most risky business!
     
  6. ashouq

    ashouq Active Trader

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    It is risky yet in my opinion it is the only legitimate business which is available online these days.
     
  7. forexadvance

    forexadvance Trader

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    Its risky but for those who have not a proper strategy. According to me forex trading is good way to make huge money.
     
  8. brad blash

    brad blash Newbie

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    Hi all,
    Hope you are doing fine!
    In my opinion trading on Forex is safe it is the only thing that you are with right broker using the right account type with right indicators.
     
  9. quinto

    quinto Newbie

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    thats true.forex trading will only be safe if you know what you are doing
     
  10. ashouq

    ashouq Active Trader

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    For knowing what you are doing is to get specialized in it which most of the people does not wishes to become and obviously loose their money.
     
  11. Ary Barroso

    Ary Barroso Active Trader

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    It’s true, because a number of new traders invest their money here too early, no doubt if you invest your money before investing your time, that means you are going to crash your full balance very soon.
     
  12. Miller.d43

    Miller.d43 Newbie

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    No, definitely it is not safe, it contains huge risk. But if you are not ready to take risk then you should not think about profits too.
     
  13. lb575

    lb575 Trader

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    it is only not safe if you don't know what you are doing, and have a gambling attitude. if you have a back tested strategy and can control your risk it is not as bad as everyone says it is.
     
  14. sandrajames

    sandrajames Newbie

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    People surmise that Forex resembles "speculation" and it does, yet not as a stock or something like this. Generally, a venture ought to be held for quite a while to acknowledge in esteem, and is normally a low or adjusted hazard. The lion's share of forex exchanges, in actuality, is here and now and higher hazard/compensate. Exchanges here should be possible in hours or even minutes! In the event that discussing hazardous hawkers than even seconds!

    On Forex you put your cash in danger in a venture system. Be that as it may, the hazard can be dealt with a decent exchanging system.
     
  15. new digital

    new digital Master Trader

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    forex is risky because of too many scams to make it safe, from brokers, vendors, scammers, ea scammers, fake educators and forex bucket shops
     
  16. Ckart 1

    Ckart 1 Trader

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    Forex safety is trimming losses. When you have this skill you will be safe.
     
  17. new digital

    new digital Master Trader

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    Trim losses + make pips - losses in education time of 10 years = minus sum game
     
  18. milornld

    milornld Trader

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    I am new in forex and from last 3 months daily I read about forex industry and according to me forex is a little bit risky
    Am i right
     
  19. new digital

    new digital Master Trader

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    Most of the forex sites want you to believe , it is safe, because these sites are run on broker money. Even forex brokerage is dangerous.
     
  20. Mary Z

    Mary Z Trader

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    I think the most important things traders need to learn is REGULATION! I cannot stress this enough. Most traders open with non-regulated companies or companies that tell them they are regulated but really they are market makers. The difference is market makers want you to loose in any way so they can profit off you when non-market makers want you to make money because if you loose your money the company will loose money too. Makes sense?
     

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