Forex Trading Online: A Dangerous Game?

[kramatsubhani]

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..

[ashasker49]

Forex is great job. forex trading in online is a mostdangerous game because here one trader may be get huge amount of loss. on the other hand, they won't be millionaire in overnight by maintaining some rules and discipline.

[sohelkhan]

When i go along with of which fx is usually a risky business from home although it's not necessarily an activity.. in the case of different small business most of us might have to devote and so fx should devote a bit investment capital... although another person address fx to be a play or maybe activity because doing so is usually related with earth currencies in addition to i'm sure and so.

[dewik79]

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.

Whatever you do carelessly, would be dangerous. That is why we need accuracy and precision. You can avoid the danger, if you are careful and understand the rules of the game. By learning seriously, you will avoid the fatal mistake.

[bonyonk]

in my opinion, forex trading business is not be the game at all, forex is the great business which in this business we can make the good income on our side, but beside the income for sure like the another business forex also have the risk which we need to take care on it also

[yousef.3600]

Forex is a risk this really is normal but forex trading is not a game never ..Forex needs to Guo and education and with the commitment to learning would be best and easiest Forex and must reduce the risk, but it will be a small profit ..Risk depends on the stores and personal style

[haney]

forex trading is not a game and also gambling and we have to make it straight from now until we will not face the missunderstanding about it in the future, and also i believe that this is one of many causes of loss, when we can not put the thing on the right place,,forex trading is business and we have to face is like a business,,
and of course the risk will always there, and also it is danger and if they come without good preparation

[Alone Love]

I have a lot of experience most and a huge of on line jobs but i think this is a very very risky and very dangerous on line business and more then 90% people are loss money this trading because this is a very risky game.

[radean]

I agree with forex which is a critical plate-based commercialism but not gamy a, in containerful of byplay our different people as possible to install so that forex is also poverty to chair a small town. but the forex impact as a bold look or because it is connected with the currency group and I'm pregnant so.

[moody-boy]

Superb workout so far! I just pleased to read about this entry. Really i was looking forward to read about it. I do not agree with you that forex is a dangerous game.forex is a good online business.anyone can do forex without any gambling.Thanks for this allocation.