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    Thread: More risky business is Forex (part 3)

    1. #21
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      Forex does not need to be that risky if you learn the basics about money managing.A trader should always place the protection of their capital has first priority.Keep risk small maximum 2% of your capital and target 2% or more profit.With the right strategy following the trend always and discipline your chances to become profitable are high.


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    3. #22
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      forex is a very risky business and you have to manage this risk as possible if you want to make good results as the more risk you will get the more losses you may have so managing your risk and avoiding risking all your capital will help you to be a good trader and also to survive in this rough business


    4. #23
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      Yes in every business there is chances of risk the Forex is also a risky business if you don't work on Forex with patience then you have come to know about many types of risk. You can loss your capital in a single day. So such a things you should keep in mind when you are trading on Forex.


    5. #24
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      yes forex is very risky business and we have to learn it very good before we start our trading in it because it is very risky business and we can't avoid this risk without the good experience and knowledge in this market that can make us control on our emotions and greed that always lead us to trading with low risk and money management because this is the lonely way to decrease the risk while our trading


    6. #25
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      That's right forex trading market is a high risky business especially for beginner , so we have to learn first about forex then we must have patience and hardworking to have experience needed to achieve success , then trading Will become a pleasure .


    7. #26
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      There is basically risk In all we do so not taking risk is risky itself mainly everyone that has made substance from this business understands the importance of risk, and they had also been able to properly evaluate their risk appetite and work towards reducing risk by applying the necessary money management policy.


    8. #27
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      Yes forex is consider as the most risky business where the chance of loss is very high and that is why traders need to work hard to acquire knowledge that will keep their account alive. Risk in forex can be well manage if you know what you are doing. So many people loss in forex because they lack the necessary experience to trade profitably


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      Forex trading is risky that is true. But at the same time we need to know that the risk can be controlled unlike other business and in forex trading because the traders are used to their emotions that is one of the major reason why the keep on taking too much risk when trading which is not a good way to trading.


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      That is natural because forex is huge profitable business. Profitable business always becomes risky and if you can not take the risk in your capital then you won't be able to make profit from forex business. Risk has made forex profitable business. Deal with risk and gain much earning from forex market.


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      I have done so many other businesses before and I have found none that is as risky as the forex market, sometimes I wonder what I am doing in this business but the more I asked myself of that question the more I get more and more involved in the business I just get to know that what we call risk in this business is our inability to control our essences most of the time, many of us just can not control our insatiable appetite for money which is caused by greed.


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