• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Forex is excessively risky business

over trading is very common mistake for all kinds of traders, especially for the beginner level. due to this bad trading habit, most of the beginners lost their whole equity.
 
In order to avoid the problems caused by brokers in withdrawing large amounts, it is better to consider a certain limit for profit, for example, after 3 weeks or for example, 1000% of profit, you should withdraw.
 
I don’t believe forex is a risky business rather here the risk depends on traders like how much leverage they ae using in their trading.
 
I don’t think Forex is a risky business because here traders are flexible and they can enlarge and decrese their trading risk.
 
Risk is inherent to every business and this risk is generated from uncertainty. Try to lower trading leverage to keep the risk lower.
 
The crucial part of forex trading is identifying the right market trend so a trader can flow with the wave. Moving average, RSI, Bollinger bands and fibonacchi are mostly used to catch the market trend.
 
Every trader wants a secure trading broker for the safety of their capital. But finding a secure broker is like finding a golden deer.
 
Top