Do you think Forex trading is safe?

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

  1. Ervin Samue

    Ervin Samue Trader

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    If you visit any forex related website (blog, broker, news or bonus site) they already said that: risk warning or high-risk warning.
    You can guess from here that forex trading is high risky! Yes, forex trading is that. Your capital is always at risk. So you need to prepare for fast to start it.
     
  2. BitcoinKong11

    BitcoinKong11 Newbie

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    Forex is definitely high risk.
    Demo until you are consistently profitable

    And never trade with money you cannot afford to lose.
     
    Last edited by a moderator: Jan 19, 2019
    Helloyees likes this.
  3. Mary Z

    Mary Z Trader

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    Correct
     
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  4. CharlesMarcus

    CharlesMarcus Newbie

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    Everything will depend on the point of view of each person.
     
  5. ShaguftaT

    ShaguftaT Newbie

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    I think one factor which people often misunderstand and which makes forex risky is 'leverage'. Leverage offers a person to place a trade of higher amount with a lower investment. For eg: if the leverage ratio is 10:1, one can place a trade for $1000 by investing just $100. However, sometimes choosing a high leverage ratio turns out to be very risky as one can lose a huge amount of money if they place a wrong trade.
     
  6. Helloyees

    Helloyees Trader

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    Forex trading is risky, but that does not mean that its not safe. What really matters is how well you trade and how much risk management expertise you possess. The bottomline however, is your trading discipline. You can know everything about how you should trade and manage your risks, but without trading discipline, you can not succeed
     
  7. akhtarul

    akhtarul Trader

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    There is a hazard for each business and exchange. Anybody can begin exchanging effectively in Forex. Be that as it may, making progress in Forex isn't such simple. You should be tolerance to make the objective of progress in it. There are sure guidelines to be pursued to meet the hazard in exchanging. On the off chance that you are stay with the standards, you will be in the protected zone. Nobody can drive you to do exchange certain time limit. You have your very own time. So you need to keep center around your methodology and trust that the ideal time will exchange.
     
  8. new digital

    new digital Master Trader

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    forex is risky because of too many scams to make it safe from brokers.If brokers go bust , they run away with trader's money.

    The $430 million in bad debts of customer money


    https://en.wikipedia.org/wiki/Refco
     
  9. akhtarul

    akhtarul Trader

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    I think one factor which individuals regularly misconstrue and which makes forex hazardous is 'influence'. Influence offers an individual to put an exchange of higher sum with a lower venture. For eg: if the influence proportion is 10:1, one can put an exchange for $1000 by contributing just $100. Notwithstanding, some of the time picking a high influence proportion ends up being hazardous as one can lose a gigantic measure of cash in the event that they place a wrong exchange.
     

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