Forex Markets Can Be Dangerous

Oct 11, 2015
20
2
2
25
Forex market makers essentially take the other side of your trade, every time you click Buy or Sell. For instance, if a Forex client buys one lot of EUR/USD at 1.12 and the client’s broker is market maker, they sell one lot of EUR/USD back to you at 1.12. In other words, market maker bets against the client. In a zero-sum game on global currency markets, only one side of the trade wins, and market maker is no different than a massive Forex casino that is so big, it can wait indefinitely until clients lose all money, Forex accounts drain all funds, and market making broker walks away with the profit.

Forex market makers will deploy a dealing desk that manages their exposure to profitable clients, using automated and manual methods to monitor all Forex trades that flow through their systems. Should a client start making money, and we are not talking here about a single lucky trade, but a consistent pattern of winning, such Forex broker may deploy extremely efficient tools that will intervene in trading execution processes, turning the bets in broker's favor. So, because of that I have always gone with concordbay.com/en fro everything that I needed. I don't want to worry about having to deal with someone who might try to con me into something that I didn't want. They are the best out there. Has anyone else used them before? If so, how was your experience with them?
 
Last edited:

coolboy

Newbie
Jun 13, 2016
17
1
3
31
India
Yeah..! if you enter into Forex Trading without knowledge of the particular topics, then Forex Trading is very much dangerous for any trader.
 

radex78

Active Trader
Nov 15, 2015
671
17
34
42
Yes forex trading is dangerous, just spent money that afford to lose if not want to get in regret, not always as trader able generate profit, and without experience and knowledge hence many trader already fail and leaving business
 

aqibFXmart

Trader
Jul 5, 2016
28
2
9
30
Forex market makers essentially take the other side of your trade, every time you click Buy or Sell. For instance, if a Forex client buys one lot of EUR/USD at 1.12 and the client’s broker is market maker, they sell one lot of EUR/USD back to you at 1.12. In other words, market maker bets against the client. In a zero-sum game on global currency markets, only one side of the trade wins, and market maker is no different than a massive Forex casino that is so big, it can wait indefinitely until clients lose all money, Forex accounts drain all funds, and market making broker walks away with the profit.

Forex market makers will deploy a dealing desk that manages their exposure to profitable clients, using automated and manual methods to monitor all Forex trades that flow through their systems. Should a client start making money, and we are not talking here about a single lucky trade, but a consistent pattern of winning, such Forex broker may deploy extremely efficient tools that will intervene in trading execution processes, turning the bets in broker's favor. So, because of that I have always gone with concordbay.com/en fro everything that I needed. I don't want to worry about having to deal with someone who might try to con me into something that I didn't want. They are the best out there. Has anyone else used them before? If so, how was your experience with them?
yes, I understand about this. there are some brokers that implementing such a system and complicates the profit opportunities for clients. but we as a trader also must be good to choose a broker. because the brokers out there are still very credible and worthy to be the means we choose our trading and achieved success.
so, I suggest to traders. be smart traders in choosing a broker.
 

nikita sharma

Trader
Oct 27, 2016
46
0
7
26
yea.. forex can be prove to be dangerous for you if in case you lack the significant knowledge andskillset it needs.
 

Hafizmd

Active Trader
Sep 22, 2016
77
5
29
39
Kuala Lumpur
If we talking about market makers... choosing such companies is trader's mistake. If they learned the information about them more carefully, they could avoid losses.
 

sharabela

Trader
Oct 19, 2016
49
0
22
41
Forex market is dangerous and there is no doubt about it. Do you guys remember when Swiss Franc shake the whole market in a second. Even the Brexit issue made the market make some huge moves. That is why Forex trading is considered the 2 nd riskiest business/job after coal mining.
 

Hafizmd

Active Trader
Sep 22, 2016
77
5
29
39
Kuala Lumpur
Forex market is dangerous and there is no doubt about it. Do you guys remember when Swiss Franc shake the whole market in a second. Even the Brexit issue made the market make some huge moves. That is why Forex trading is considered the 2 nd riskiest business/job after coal mining.
Oh, you have a strange humor... All you can lose here is your money, how can they be compared to someone's life? I know trading is really risky, but not so much. Everything is relatively.
 

FxTimothy

Trader
Sep 21, 2016
25
2
9
45
No its not true at all , as Forex market has been a Great blessings for many small financial institutions including UN countable Individuals who trade Forex for living. This word " Dangerous " Applies to only particular Group of people who Take Forex trading as Gambling Game and not for the Serious person who takes it seriously .
 
  • Like
Reactions: myfxpt

wisetrada

Active Trader
Mar 4, 2014
53
5
39
It is a known truth that forex carries its risk as it is very possible to lose your trading capital but then this is why it is necessary to bring in risk management techniques like using stop loss.
 

Twin butterfly

Active Trader
Apr 11, 2016
366
6
29
31
Forex can be called risky but not dangerous. Loosing money is part of every business, that does not means that we leave our work because the fear of lose. Managing it with proper plan can reduce risk of loss.
 

Alexfx79

Active Trader
Sep 22, 2016
376
20
39
40
Berlin
Forex can be called risky but not dangerous. Loosing money is part of every business, that does not means that we leave our work because the fear of lose. Managing it with proper plan can reduce risk of loss.
Anyway, in business you can predict what will happen more precisely. Price movement is irrational, that's why so many people can face problems while trading on Forex even if they think they have a good plan
 

Gerrard Hank

Trader
Nov 3, 2016
31
2
16
44
The dagerous part I am sometimes afraid of is, If you have traded on margin and something happens, you're wiped out in your live account. Once everything is lost, you could potentially owe your broker some money.
 

Enivid

Administrator
Staff member
Nov 30, 2008
13,574
603
144
Odessa
www.earnforex.com
The dagerous part I am sometimes afraid of is, If you have traded on margin and something happens, you're wiped out in your live account. Once everything is lost, you could potentially owe your broker some money.
That's why you have to be sure about your broker's policy regarding negative balance. Provide protection or insurance against negative balance.
 

hayseed

Master Trader
Jul 27, 2010
460
128
109
usa
hayseedfx.com
In other words, market maker bets against the client. In a zero-sum game on global currency markets, only one side of the trade wins, and market maker is no different than a massive Forex casino that is so big, it can wait indefinitely until clients lose all money, Forex accounts drain all funds, and market making broker walks away with the profit.
//------

someone has to bet against me..... personally rather it be a market maker than some poor soul that scraped together 100$ to open his third nano account.....

it really amazes me why anyone would want to be a forex market maker or broker..... just think of all the stress, costs, expenses, risks and screaming clients involved.....

much rather be on my side of the trade.... it's peaceful and quiet over here.....h
 
Jan 28, 2015
25
0
17
Russia
Forex market can be very dangerous if you fail to manage your capital properly and find the right platform for your trading. I have seen many traders quitting this industry blaming someone else or some companies. But the truth is you are the only one that must protect your own balance.

I've been trading FX for several years already and during all that time I had all kinds of problems with different companies. Some never returned my money, some burned my account to zero in managed, some had annoyingly long withdrawal process. I never thought I would join another company, but I wanted to try out IMMFx. This broker provides perfect trading conditions, withdrawals and deposits, plus bonuses – and I appreciate it.
 

wisetrada

Active Trader
Mar 4, 2014
53
5
39
You can say the market is dangerous because of the risks involved. But this does not in any way undermine the profitability of the forex trading. It is best to use effective risk management techniques like good risk reward ratios as well as stop losses.
 

FxTimothy

Trader
Sep 21, 2016
25
2
9
45
Forex market is one of the Biggest market in the world Where Almost all the Banks Invest huge money and since Banks are involved one can easily understand this market must worth more then any business. Only thing One should take care is to understand this market well and know how it works and what are the right way to trade Forex and you will be more then happy to stay in this market only.