Forex Trading Online: A Dangerous Game?

[lingkon]

i think forex is dangerous business but not a game.forex is real trade business though it is risky.we can earn lot of money using our trading skill.if we learn forex,we can make profit easily.who mean that forex is a game i think they are not trader,they are gamer in forex market.

[enter]

this is really dangerous for the trader to make the trading on the forex, but this is not the dangerous game, but this is the risky businses, this is not call the game because actually forex is also one of the business this is not one of the game there

[Chow.ash]

i don't know about this.I agree with that forex is a dangerous home based business but it is not a game..in case of other business we may have to invest so forex also need to invest a little capital...but somebody treat forex as a gamble or game because it is related with world currencies and i think so.

[mayx181992]

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.

Of course forex trading is one of the most dangerous game as well as very profitable and stable game , why stable ? because if you trade with small lot size and with large capital and if you in big loss then if you keep some patients then your loss can come in profit too.

[irfan aziz]

yes main bhi is statement se agree ho k forex trading game ye koi gambling nai hai balkeh ye 1 online market hai jahan ap trading kr k buhat sara profit kama sakty hain.

[Chow.ash]

it is good thinking.I agree with that forex is a dangerous home based business but it is not a game..in case of other business we may have to invest so forex also need to invest a little capital...but somebody treat forex as a gamble or game because it is related with world currencies and i think so.

[netros]

Online forex trading is a very important business that can be used to make money or make a living, in forex trading you need a good market analysis. so it is not like an online game that only rely on manual dexterity and skill

[eng.adham]

forex trading is very dangerous for beginners who trade without any experience or strategies ,, so ti is very important to define a good strategy which will help us in our trading before we can start our real trading .

[zdaina]

i think forex is dangerous business not a game , because the game stay a game and the work stay a work , so we can't look to the forex like a one ,it's not logical at all, many people their life depend of forex trading ,so you think they was playing with money!

[ebonizim]

I agree with that forex is a dangerous home based business but it is not a game..in case of other business we may have to invest so forex also need to invest a little capital...but somebody treat forex as a gamble or game because it is related with world currencies and i think so.

Learn to listen and read the signs the Forex market is giving you. Learn how to wait, observe and only enter a trade when it is the right time to do so, before you can reap the profits.