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All of us know that forex is too much risky but every one thinks that he will defeat all the risks with his knowledge, experience and skills so every one is trying his level best to prove himself a good or even the best trader and in this race no one is taking care of Margin Calls received or amount of bucks lost.
"Risk it to get biscuit". This is the quotation that I believe in. Without risks what is importance of living. We must face risks to get better. In forex too, we must work along with risks. Despite the risks we can make huge money. And that is the sweet part. So most of the traders choose to stay in forex despite it is the most riskiest trade of all.
Yes, forex is very risky. It is more risky than beneficial. That is why more than 90% of the traders lose money in forex. They never get used to the risks. They ignore them and thus invite the losses on their own. But despite the risks of forex, most of people try it. It is because once we are able to get through the risks, we can make huge money through the trade.
I agree with you
there is somehow a relationship in any business between risk & reward
we can call it, risk reward ratio, but different from that known in Forex
but the higher the risk, the higher the profit as well, the higher may be the loss
we can minimize the risk as much as we want
by choosing the best time to make a transaction
& manage our money well after making very good analysis for the market condition
we will keep trading Forex although it is very risky because it is the most profitable business you can trade
also it is available for all people allover the world & has no restriction on the volume of investments
you can invest less than 100$ & start your life in Forex
Forex is called currency market so it always risky. but risky doesn't mean you can't do anything. Forex have many opportunity too. if you practice more and more you can trade confidently and also make profit.
I think I can control risk and also forex is so much profitable too once you control risk so this is not a solid reason to quit forex because it is risky as some people are really making use of forex and why we have to miss this great opportunity.?
practice to teb ki ja sekti ha jeb apke pass basic knowledge ho k mt4 use kaise kerna ha or market i prices ko kaise understand kerna h so mean that seb se pehle education and then practice , han sehe kaha k risk hota ha lekan un logon k leye jion ko ye nahi pata k risk ko control kaise ki ja sekta ha whereas educated traders knows very well dat we have stop losses to tradeQuote:
Originally Posted by sayem
you are right buddy. Money management is the key to get the success if forex and remember one more thing when you will open the trade with big lot size then you will also lose the money quickly.