Thread: Do you still think forex is risky after you learn how to trade?

Although I feel the risk is far lesser now as compare to previous when I had lesser knowledge, but still I feel certain amount of risk is ever going to be present, so we’re never ever going to remove it. I do feel that the more knowledge we get, the lesser risky Forex will be, but eventually we need to work through better plans and right money management, it’s the only way we’re ever going to work things out. I am glad that I trade with OctaFX broker and with them, I am able to participate on various demo contests, it not just helps me through learning but also presents me with great chance to win prizes and that is seriously beneficial to our chances.

I start thinking that Forex is risky when I read that ACFX was deprived of the licence and its clients kept trading with no idea about it. It's risky when you trade with unreliable broker like that one.

Originally Posted by Sadam

I start thinking that Forex is risky when I read that ACFX was deprived of the licence and its clients kept trading with no idea about it. It's risky when you trade with unreliable broker like that one.

we must consider how to invalidity lisansi broker that we visit do not get when we are already trading and deposits with the number of lots we just know the broker is legal because the broker was closed by the authorities, so that we will lose the money we have because it is not keen to see brokers reliable

Originally Posted by cheet0z321

we must consider how to invalidity lisansi broker that we visit do not get when we are already trading and deposits with the number of lots we just know the broker is legal because the broker was closed by the authorities, so that we will lose the money we have because it is not keen to see brokers reliable

forex risk is very high and the risk not only of self-traders themselves but also from the broker, and therefore we need to be more selective in choosing a broker. we should choose a broker who really have a clear regulation that will make our money safe

Originally Posted by Francis Walters

Although I feel the risk is far lesser now as compare to previous when I had lesser knowledge, but still I feel certain amount of risk is ever going to be present, so we’re never ever going to remove it. I do feel that the more knowledge we get, the lesser risky Forex will be, but eventually we need to work through better plans and right money management, it’s the only way we’re ever going to work things out. I am glad that I trade with OctaFX broker and with them, I am able to participate on various demo contests, it not just helps me through learning but also presents me with great chance to win prizes and that is seriously beneficial to our chances.

Yeah exactly although risk decreases a bit but it cannot be fully ruled out, there are so many factors which effect the market that its almost impossible to analyse effect of all of them on the market.

I stopped thinking forex is risky after exploring what no deposit bonuses are. I think it's one of the best tools to make money out of nothing. For example, FreshForex is offering $1000 no deposit bonus at the moment.

can not be denied if forex is a business that has a lot of risk, but on the other also forex business has many advantages. therefore, to profit in forex then we need to be able to have good risk management. We must always use SL and TP when trading so that it will benefit us

Originally Posted by gaban

can not be denied if forex is a business that has a lot of risk, but on the other also forex business has many advantages. therefore, to profit in forex then we need to be able to have good risk management. We must always use SL and TP when trading so that it will benefit us

Yes very true, traders can minimize this risk with always a applying SL and TP in trading, so the risk MC can be minimized by SL . When I was trading with FBS I always apply the SL and TP in running trading

Originally Posted by orang aring

Yes very true, traders can minimize this risk with always a applying SL and TP in trading, so the risk MC can be minimized by SL . When I was trading with FBS I always apply the SL and TP in running trading

Yeah, there are lot of opportunity for getting profit of our trading, we can use sl and tp for stabilizing our profits. those are the important of opening our profit in the next day

Originally Posted by cheet0z321

Yeah, there are lot of opportunity for getting profit of our trading, we can use sl and tp for stabilizing our profits. those are the important of opening our profit in the next day

Most important is the use of SL, by using SL, then the trader can minimize the risk of trading. Since we already limit losses to avoid MC. And the most important is the ability of traders, because if its ability to be improved, can be minimize to the SL