Risky Forex!!

**faraz** · 07-31-2012, 02:16 PM

Forex is most serious market in planet , so be careful to start trading . . according to me , forex must be last step on online money making systems , and people should invest only profits to there , not main money because %95 lose money there.
But if you are really willing to invest your money there.. keep a sharp view at Market.
Who knows you might make a bunch of real buck there..
Best of luck..

**monyitomon** · 08-04-2012, 11:09 AM

Well, if we will not make any risk then we can't do anything in life so if someone chose Forex then for sure that person has a good mindset that he can be successful in Forex trading because if you will really try your best, and you will take it seriously then for sure you can be successful.

**indieover** · 08-07-2012, 11:10 AM

yes i think that we have to take risk but we can learn how to minimize the risk before we get to trading. so that we can avoid those risk that we can avoid. and just face other risk that we don't know or can't predict.

**monyitomon** · 08-09-2012, 07:32 AM

Well, there are many things that we can cut down the risk because we can use a stop loss so it can really cut down the risk as you can set it automatically to avoid blowing your account, so just try to look for those things that can lessen the risk.

**kasual** · 08-09-2012, 01:12 PM

yes, every trader I think already know that forex is risky business. need experience and knowledge to minimize the risk. without proper knowledge and experience, a trader maybe get more loss than profit. we should understand that there is no shortcut and we can't become rich overnight.

**indieover** · 08-10-2012, 03:54 AM

I think there are so many advices already we can read on how to effectively lower or minimize our risk in forex. So we just have to follow what we have learned so that we would be able to earn well in forex and have more wins than losses.

**Tirus** · 08-11-2012, 09:47 AM

The whole intention of gaining knowledge and experience in forex is to minimize the risk and in return losses. Learning forex does equip you with the techniques that you can use in order to do so that when you are trading you can strive to make more profits than losses.

**kasual** · 08-13-2012, 11:45 AM

trader can minimize loss by set good risk management plan. to set it, first trader should know the winning probability of their trading system or strategy and second, know how much loss accepted by their capital. by strict with risk management plan, trader will not suffer huge loss although the market maybe goes wild and beyond the trader analysis.

**Tirus** · 08-17-2012, 07:37 AM

Originally Posted by kasual

trader can minimize loss by set good risk management plan. to set it, first trader should know the winning probability of their trading system or strategy and second, know how much loss accepted by their capital. by strict with risk management plan, trader will not suffer huge loss although the market maybe goes wild and beyond the trader analysis.

The best way to identify this probability is to trade in demo account mode as much as possible and put your trading strategy through its paces. This way you can see the results of your system as it progresses and make the necessary adjustments till the results make you confident enough to go live. The same applies for a an expert trader in testing a new strategy or making changes to an existing one.

**p1219** · 08-22-2012, 11:07 AM

I suspect that every global company involving people has its risks. therefore I believe that everything depends on human prudence and wisdom, isn't it?