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Actually forex is predictable. Its predictable that its unpredictable. Get it? lols. In its market volatility that we earn. So the more volatile the market is the more we have chance to earn in here. That's why I always trade a pair that is constantly volatile. Because in every up and down of the price theirs profit.
people who enters this market understand that forex trading is risky but they are still trading because they know they will someday
make money from this trading business. so i think the potential to make money is more important than the level of risk.
Just want to add. Passion to learn more and to understand more about forex. Passion to study forex trading strategy and spend lots of time trading in demo account. Passion that even if you encounter lots of loses you don't surrender. that's kind of passion is what you need in forex.
Also concentration. We must always concentrate on our strategy and not to our loses or profit. Because in forex trading we trade with our strategy not with our money.
it is the passion to learn forex trading that keeps most of us in the forex business. I love forex trading because it is a business and as a result I have a passion to learn how it works no matter how risky it may be, or how much I might lost from it.Quote:
Originally Posted by moviewatch6
High risk high return. That make people who wants high return may deal with high risk it self. So it back to person it self wether he or she can deal with that risk Passion to learn more and to understand more about forex.Quote:
Originally Posted by antosco
Of course the higher the risk we take, the higher the return we are likely to get. But this would not happen all the time since the risk might end us up getting a margin call - losing our entire capital, we won't have any more money to trade with.Quote:
Originally Posted by moviewatch6
its not just the risk but also great opportunities to get benefits
it's the reason I survive in forex
All traders are different and do their analysis differently based on demand and supply and other social and economic factors so they will trade differently always . you will find all these people in the forex market they want to win a lot of money.
yes it is risky but for business it is not rule to stop trading where you find the risk so be vigilant because risk carry to your position to have a lot of profit ,risk mitigation techniques can be adopted to use it in a better way
Forex is risky but it is the source of huge income.It always gives you the opportunity of huge earning within a minimal time. Every man wants fast earning. Forex gives us the opportunity of fast income. So, why does not the man grab this opportunity of earning.