How risky is forex trading?

Akwin

Trader
Oct 12, 2020
52
9
9
30
Visit site
Could anyone tell me details please
Hello, I am new to trading but from what I'm reading and learning I can tell you that with a long list of risks, losses associated with foreign exchange trading may be greater than initially expected. Due to the nature of leveraged trades, a small initial fee can result in substantial losses and illiquid assets.
 

Akwin

Trader
Oct 12, 2020
52
9
9
30
Visit site
It is a super risky market. Many have lost their life savings here because of their greed and lack of skills.
Yes, trading offers you the possibility of protecting yourself against risks but you just need to have the will to impose certain rules. Trading becomes risky due to the misuse of the tools available to traders.
 

danielbro

Trader
Nov 26, 2020
44
8
9
38
Visit site
One thing to understand is that when doing forex trading, the currencies tend to be in high volatility most of the time, which results in high risk if you do not know how to control that.
 

hk_09

Trader
Oct 30, 2020
82
10
9
37
Visit site
Forex is highly volatile market, which is why risk tends to be higher here. Also if you are into high leverage trading, then the risk quotient further increases. Risk management is quite essential here.
 

topdog20

Trader
Nov 16, 2020
8
0
7
39
Visit site
Hello, I am new to trading but from what I'm reading and learning I can tell you that with a long list of risks, losses associated with foreign exchange trading may be greater than initially expected. Due to the nature of leveraged trades, a small initial fee can result in substantial losses and illiquid assets.

Hi Akwin, you're correct that leverage can and will significantly increase your potential losses. With daily swings in currencies seemingly so random, I avoid day trading and focus on long term trends instead.
 

Akwin

Trader
Oct 12, 2020
52
9
9
30
Visit site
Hi Akwin, you're correct that leverage can and will significantly increase your potential losses. With daily swings in currencies seemingly so random, I avoid day trading and focus on long term trends instead.

Hello topdog20,

Hope all is well.

Your comment is highly valued, just want to ask you about the long term trends, is it profitable and how do you find the tend of stock?

I'm excited about learning more about this.

Best Regards,
Akwin
 
Jan 27, 2021
4
0
6
34
Visit site
It is a super risky market. Many have lost their life savings here because of their greed and lack of skills.
Yes, my friend lost his house and his wife left him. His life is ruined, but another friend has been making money on this business for many years, that's why I came here to talk and learn the secrets of trading
 
Aug 17, 2020
138
21
24
walletinvestor.com
Forex is considered a high risk market, that's true.
But how risky it will be for you depends on how risky you make it. You have to learn and practice a lot before you can become a successful trader, but risk can be controlled to some extent by learning proper risk management strategies such as good position sizing, stop loss orders, etc. In short, if you approach it in a smart and careful way, you can avoid losing large sums.
 
  • Like
Reactions: vicjon1995

hk_09

Trader
Oct 30, 2020
82
10
9
37
Visit site
Forex is considered a high risk market, that's true.
But how risky it will be for you depends on how risky you make it. You have to learn and practice a lot before you can become a successful trader, but risk can be controlled to some extent by learning proper risk management strategies such as good position sizing, stop loss orders, etc. In short, if you approach it in a smart and careful way, you can avoid losing large sums.
Agreed, the risk depends on how the trader is trading. By the way, how important do you think the usage of SL is?