Forex is too risky, so why you still doing trading?

[cumil]

No doubt Forex is too risky but all of us are here for earning money and earning money is not so easy even in our daily life risks are involved. I am still here because in my opinion we can minimize the risks in forex by maintaining discipline in our trades. Avoiding greed, big lot size and over-trading is the most necessary thing I am acting upon.

and also you should always set SL to avoid the risks and can reduce the risk of losing all money. in trading many ways the possibility that will happen, mainly the possibility of the price would run counter to your analysis, so you have to be careful and always remember that fores very risky,

[preetksgill]

including my friend also just monitor the news just does not dare to open a position because I was afraid for it but somehow every time the news was released I was more quiet and waiting to see how market response

[loserbynature]

No doubt Forex is too risky but all of us are here for earning money and earning money is not so easy even in our daily life risks are involved. I am still here because in my opinion we can minimize the risks in forex by maintaining discipline in our trades. Avoiding greed, big lot size and over-trading is the most necessary thing I am acting upon.

[preetksgill]

well friends tell me any business which doesnt involve a risk. forget business tell me any situation which doesnt involve a risk. driving is risky we may have an accident. eating is risky we may choke sleeping is risky house may collapse due to earthquake. so friends shall we stop going to work, eating or sleeping because they are risky

[fravash]

I have a real tough time keeping trading discipline, I enter trades most of the times when there is no trend or the volumes are low with high margin and have fear of closing fast to avoid losses and end up reducing my deposit faster than it should happen. i need to work on discipline more than anything else and stick to the smallest lots.

the key of discipline here is follow your strategy(a good strategy one), to do that you can write your own rule to a piece of paper. After that put that piece of paper near your monitor, each time you want to open position, read the rules again

[preetksgill]

I have a real tough time keeping trading discipline, I enter trades most of the times when there is no trend or the volumes are low with high margin and have fear of closing fast to avoid losses and end up reducing my deposit faster than it should happen. i need to work on discipline more than anything else and stick to the smallest lots.

[Mr. Tukul]

one way to discipline is to do some methods which are:
1: try not to open lots with a large size for a month
2. not trading at what we do not schedule
3. if you experience loss should not attempt to open more deals
if we can run this well then we will be disciplined

called the discipline if we succeed in doing trades in accordance with the plans we have made before ... if we still often violated these rules mean we have not been disciplined ...

[vicky]

that's right, because after all we really need discipline to achieve success in this business because a lot of previous trade experience loss because they or we are unable attitude disciplines on trade

I am agree with you because without discipline it may gain sometime but its almost impossible to make consistent profit from this market . so i also think if we want to consistent profit then with our experience its very need to keep discipline most of the time.

[anubhavsingh]

Yes, forex is risky but it is profitable too. In here, we can limit our risk too although we won't avoid it. Many people did trading because the opportunity to gain good amount of profit in here is big enough if we could make good analysis and we have good emotion control.

zadatar trader loss ke bad bhi forex me sirf isliye trading akrte hai kyunki risky hone ke baad bhi ye platform bahut hi zada profitable hota hai
bahut hi kam samay me forex ke through bahut zada paisa kamaya ja sakta hai agar aapki trading skills achi hai to

[vicky]

yeah what you say is true we have the same concept of risk and we have nearly the same manner to manage risk but it was he who disciplines that avoid the risk

yes its very true who are discipline they get so many advantage in forex but if we dont be discipline then its really hard to live in forex long time . i think it may good our trade 1 week , 1 month but if we not able to moneymanagement and unable to keep discipline then its not possible to long run .