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    Thread: Forex is good but what about risk? (Part 5)

    1. #91
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      You have to know, my friend, that there is no trade in this world without risk and Forex is like any other trade that contains the potential for profit and loss, but there is a good thing that we can control and the risk ratio can be reduced to 1% Trading it is nos so dangerous as some people think if we respect the basic concepts of trading.


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      Quote Originally Posted by tradwin View Post
      You have to know, my friend, that there is no trade in this world without risk and Forex is like any other trade that contains the potential for profit and loss, but there is a good thing that we can control and the risk ratio can be reduced to 1% Trading it is nos so dangerous as some people think if we respect the basic concepts of trading.
      Yes, but traders don't seem to realize that. They just increase the risk by their own choice even though there are many articles telling them to use money management or risk management. Then they face loss and say trading is risky.


    3. #93
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      In every single work and business in the world has risk. There is nothing in the world that you can do that without risk. Forex is also a risky place and for succeeding here you need a lot of knowledge and experience about the market. Yeah, it's true that there is a lot of risk in Forex market but if you see that besides the risk there is a lot of opportunity for earning a lot of money here. So, i think that risk in Forex market is natural and if you can learn a lot of about the market then you can minimize the risk and earn more.


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      There is need to understand that there is no business that is completely without risk. There is no doubt that forex trading is a very profitable business, but it also has its share of risks just like most profitable business. The risk inherent in forex trading will be greatly reduced when you trade with adequate forex trading skills and experience.
      POSSIBILITIES ARE INFINITE IN THE FOREX MARKET, YOU CAN ACCOMPLISH ANYTHING !


    5. #95
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      There is no business in the world which has no risk involved. Forex is the good business you can do this business individually but it has also a risk, I want to say that this business has more risk than other common business because in this business your emotions are too much involvement and if you lose your emotions control you put your hard earned capital in risk. So always enter this business market after a lot of knowledge and after practice to learn how to control risk.


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      forex is not risky business if u don,t become greedy risk comes from greed you get low and good profit its good for you if u become greedy you will risk your high money on line then you are taking risk which is not good for forex trader so always use low money and low profit are best high money and high risk so its depend upon you what u want to do in forex trading.


    7. #97
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      Forex is a profitable place but also a risky place so if you do not have the knowledge and strategy when joining forex it is like you are gambling.. The best way to minimize risk and loss is that every trader needs to build the right strategy, while using stoploss at every position and not opening positions with big size.


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      It is quite clear that Forex is a very good business,but we should understand that life is full of risk, even in every business there is risk.But risk in Forex,we should realy understand what risk management is.All we have to do is to manage our risk very well using low risk and make times two or three of what we have risked as in our TP.


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      Every business is risky and so is forex too, but the difference about forex is that it is a learning process which not only teach you how to make big money but also how to control the risks. Tools like Stop Loss and Take Profits are very good money management strategies.


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      You cannot say this Forex is a very risky business in the world . many experience traders are being millionaire with Forex trading . if you have better knowledge and experience you can make good money with forex trading. learning is the key to being successful traders in forex market . forex is only one business where you can make huge money in short time of period


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