Forex Trading Online: A Dangerous Game?

[hh99]

The key to success in online Forex trading is to view your trading platform as a GAME that you play, where the objective is to collect or capture pips. The more ...From the dangers and pitfalls you'll encounter - to in-depth analysis of which ... Forex Trading Recommendation, Forecast, Trading Signal, Forex Training ... it's absolutely essential that you have a firm grasp of the rules and a solid game plan.

[rahim]

Ever since there are numerous X border companies, countless no cost Foreign exchange points websites and literally hundreds of 1000s of Currency trading stock investing tactic "home based mostly business" Currency trading merchants, we will declare of which almost a person with an online relationship could buy and sell Foreign

[kamal8]

If you are a new merchant and line without any have so you suchlike that forex trading is a harmful gritty.
When your hump smashing trading knowledge you elapse fortunate because its pay you great clear.
so must needs trading knowledge otherwise its your critical brave.

[vallen]

I guess I do not agree if forex is equated with the game because I know forex is a business that can bring extraordinary benefits to us as long as we can manage it,
so I guess I'm very happy if this forex business is not what we call game

[adnanhm]

Forex trading online is becoming a very well known way to make money from home, but there are also many stories of people who get burned. So how safe is forex trading, and how can you protect your investment if you decide to get involved in this hot new online financial market?

The first thing to be clear about if you are thinking of taking up currency trading online, is that you can make money but you can also lose it. Forex is not different from stock trading or any other speculative investment in this respect. It is risky, and you have to know what you are doing.

The advantage that we have these days with the internet being so prevalent and so cheap, is that everybody has access to a huge amount of information about forex trading online. There is no need to buy a lot of books or go to expensive forex trading seminars, at least in the beginning.

There are several things that you can do to reduce or minimize the risk of losing money when you first start out forex trading online. The first one is to use a demo account. This is a practice account which most forex brokers will let you start out trading with. You do not use real money and often you do not even need to deposit any money. The software gives you an amount of virtual money and you can access the real time forex market and start trading.

Of course this means that if you make money, you do not see any of the profits. No real trading takes place. However, most people do lose money in the beginning of their forex trading career so it is a wise choice to use a demo account for a while, even if you have a good trading system and are confident that you will be able to make money.

The second thing that traders can do to protect their funds is to practice good risk management. This means understanding the statistical variables of the system that you are using and planning your trades so that your account balance can survive the worst case scenario and then some.

i think it is very risky and if you know the risk then it can be easy but i will say again as you said that it is very risky but with proper money management you can make good efforts for wining

[hh512]

yes it is a dangerous game but along with it you can make a very good amount of money also. risk is there in every business so don't worry about it and do your work properly.

[rabbi89]

This means understanding the statistical variables of the system that you are using and planning your trades so that your account balance can survive the worst case scenario and then some. good like forex forum thanks

[pakstar1947]

har action ka reaction hota hai agar aap Forex Trade mai soch samaj ke koi action le ge to reaction profit ki sorat mai hoo ga agar soche bageer action le ge to reaction loss ki soray mai hoga.

[gontobbohin]

in one sense forex is very dangerous but other hand it a opportunities to earn lots of money. its not a game its a business. if we have proper knowledge then its a good way of making money. if we have not then it will dangerous for us.

[kashif9760]

dear friend nice thread and i am also explain like that i am really agree with your statements here, forex is not a game and also gambling and we are as the trader have to put it deeply in mind then we will face this business with right, with good obligation,responsibility and always trade with good discipline and patience,Only expert and patient traders can survive in Forex.