Forex is too risky, so why you still doing trading?

Risk is one type of adventure ..that we apply to gain sufficient profit..if we dont have good risk management then we could occur loss in trading though we have good knowledge..

yeah totally agreee with you...we need to consider risk management..as they are part of the trading..if u r good trader than u will be good in money management.this helps to decrease level of risk ..

good knowledge and good experience helpss trader to achieve success..if u did control ur emotions and trade with patience than ..risk will be descrease and earning level will increase

good strategy helps to decrease risk level.if we have good knowledge and experience than risk will be not effective so much..so try to learn more ..so u can earn more than looose

I dont believe though that we can have ever a trade that will be risk free, but risk is the only cost for that we get an opportunity to earn big in forex and so i will continue trading despite the risk involved.

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Originally Posted by rakesh

good strategy helps to decrease risk level.if we have good knowledge and experience than risk will be not effective so much..so try to learn more ..so u can earn more than looose

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Yes with good knowledge we can reduce our risk in this business. On first time most of the newbies come here without knowing any risky but when they loss all of balance then they realized that this is more risky without knowing anything. So on next time they start this after gaining good knowledge about this business .

Simply because all of us think that he will beat Forex in next time and gain profit more than what we already lost in the market whatever our loss was. If you want to do this really you should learn from your losses and take the lessons not to always trading to trade only.

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Originally Posted by AhmedHA

there is no business is not risky , Forex is risky but we can avoid that by decrease volume lot , and not to be greedy ,even if it's too risky ,every loser continue in Forex to recover his money, It's to hard to give up trading in Forex either loser or winner .

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if you follow every trading rules and use good money management then you can easily reduce risk in this business. With money management you can easily select your lot size compare with your capital size. So you can easily control your greediness on creating order. If you can control your greediness then you can make good profit in this business.

if i lose a certain amount of money, i will close the trade. nothing is worse than holding onto the trade hoping to make that trade into a winner because that is just extremely unlikely. it will almost never happen and you will end up getting your account drained because of it.

If you trade with good money management and you put stop loss and take profit according to good strategy then sure you will make good money with the lowest risk as trading in forex market will be risky as you said only i f you trade with no strategy and trade according to luck only.