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Absolutely, Forex deifying the two sides of a very sharp sword which can make a trader be rich , but the other side ready to make the poor. if want to be rich, then we must prepare ourselves both in terms of knowledge, mental as well as a good strategy to gain profit.
Fully Agree with you , if someone see that Forex is riskey so why he still trade ?? I feel disappointed when i see people say Fprex is riskey and i'll loose my money , I think they r some loosers
They're not losers, my friend. They just aren't cut out for forex and don't understand it, thinking that just because one person can do it then anybody surely can as well.Quote:
Originally Posted by bassamelgendy
forex is too risky,yes is not suitable for everybody yes,but for do how learning it before goin to it that have time to develop there self before go in to business someone have to have the strategy that he allrend tested and be-sure of it
You shouldn't sound like that @bassamelgendy the reason is that some persons are new to forex trading, and they lack the basic knowledge of forex trading, they just trade without having the right trading skills and money managemnet and that is why they loose their investment and complain that forex trading is very risky.Quote:
Originally Posted by bassamelgendy
Although we know that forex is a risky business but the risk can be learned to be a profit and if we lose in forex experience that is normal because there are always trade gains and losses, of course suda traders experienced more benefit from the loss
to reduce the risks you can use a stop loss order. Some factor are should be considered such as Risk increases whenever there was a lack of good knowledge, lack of experience, there is no clear plan, if you can not control emotions, lost self-confidence.Quote:
Originally Posted by sairin
There is risk involved in each business but you can earn huge profit from Forex as compared to other Businesses.
Forex is risky when you trade without any thinking ,without any calculation.Without good money management system it is totally impossible to gain from Forex.I never think it as a risky event.More balance,low volume wait and see enough for forex profit.I am in forex market because it is my second biggest earning source.
basically every actor merchants and businessmen would even be at risk. depend on our expertise in react. forex trading is risky if we are too hasty in acting, especially if we do not have to follow forex trading news, and if we do not understand very well about the developments on world stock markets.Quote:
Originally Posted by Anytime