Forex Trading Online: A Dangerous Game?

[sayed1987]

Of course this means that if you make money, you don't 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.

[dais]

I agree with that forex is a critical plate based commercialism but it is not a gamy..in containerful of different byplay we may person to install so forex also pauperism to seat a lowercase city...but somebody impact forex as a seek or courageous because it is connected with group currencies and i conceive so.

[halk11]

I think forex is a good jo.forex is a business ..
avoid playing in forex, treat this business as a long term investment ..
always use a low risk in your trade and try your account to survive in forex.Good luck.............................

[ladoali]

YA ha to online trading business lakn ha waqi he dangress wo is trha ka agar trader is sa earn karhy lage to bohat kar laita
ha kio ya ak risky business ha is ma loss b ho jata ha kio market ma up aur down chalti rehti ha so is lea y dangress game ha.

[dtvade]

I can conclude that if there is any problem with forex that makes it a dangerous game it is the inability of the trader or the prospective trader to choose to learn all it take to trade.

[matin6767]

I agree on which is forex is undoubtedly that perilous family house dependent sale getting rid of is just but not an activity.and if about similar corporation we tend to haves to make investments and thus currency either should try to commit slightly prime city.nevertheless anybody consider foreign for the sake of play or even a gaming since it was associated with population forex tradings not to mention i believe that which means that.

[rubel3]

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.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 .thanks................

[mojcris]

i agree with you, because forex is not a game and we are not gambling, we are trading, and trading is not dangerous, maybe you say it's risky but it's not risky , because it's you who determine the risk amount to involve in your positions. you have to manage your account. and use the risk you can afford.

[sagda]

Much of your information is very important and valuable to anyone trading in foreign currencies I think that avoiding loss possible by persons with reduced capital and not risk his money all this reduces loss ratio

[monjurbr]

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.

Some traders treat this market as a game. I think if we treat it as a game then it is not a difficult game. Because if we had a proper knowledge about market and have a proper practice then it will be vey easy for all traders.