Is Forex risky?

[Feticide]

Yes, it is risky but you have to apply your wit and skills and make the profit flow in. It is all about how you manage stress, emotion, money and risk efficiently. While it is tough and may seem impossible, it is also thrilling and extremely interesting. The trading process needs to be altered as and when the markets shift, but not all the time. Depending on your style and how you choose to carry out a particular trade, it depends on you, completely. Only you have the power to win, if you really give it your all.

 

[FXOpen Trader]

Yes, it is risky but you have to apply your wit and skills and make the profit flow in. It is all about how you manage stress, emotion, money and risk efficiently. While it is tough and may seem impossible, it is also thrilling and extremely interesting. The trading process needs to be altered as and when the markets shift, but not all the time. Depending on your style and how you choose to carry out a particular trade, it depends on you, completely. Only you have the power to win, if you really give it your all.

We need to bring down the Risks that are actually present in doing our trades into the markets.

 

[Akira Rush]

If you mean to ask that you will lose money while trading, then, yes, that’s true. But there is literally nothing that you can do about it as no trader can make profits all the time. You may have a proven trading strategy but it can also fail if not updated with time.

 

[Fx Master]

Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.

 

[Faal]

Forex isn’t risky unless your expectation is higher from it. Higher expectation isn’t bad but when a trader follows wrong direction tamed by greed, then it’s a major problem. It helps them derive no benefit from trading. Make sure you are not consumed by greed because it harms.

this is a nice post with good information.

 

[Flotsamm]

The forex market is both dangerous and confusing. Only take risks that you can afford to lose. One bad choice can cost you a lot of money, while one good choice can get you a lot of money.

 

[Davidfx89]

yes success on every stage is depends on money management , first priority.

 

[Prelect]

As long as you understand the basic principles of currency trading, it's not that risky.
Traders should understand that losses are inevitable in forex. One can not avoid them but can mitigate them.

 

[Mecine]

Trading forex is subject to market risk but we can make profits by managing the risk. We should always limit the risk per trade and set an optimum risk/reward ratio that keeps us profitable without taking huge risks. Using stop losses in every trade is required to minimise potential losses.

 

[adrienneadams]

Forex is risky but the risk is also an opportunity to make profits. Those who master the art of risk management can spot profitable opportunities and benefit from the same. Using a risk/reward ratio, limiting risk per trade to 2% of capital, using stop losses etc are the best practices to minimise losses in forex.

 

[A_S]

Yes, Forex trading is indeed dangerous. A considerable level of risk is there when trading foreign exchange on margin, making it unsuitable for all traders. You can make money while trading with high leverage but also lose money.

Before you consider trading in foreign exchange, you should carefully assess your asset objectives, degree of experience, and risk tolerance. But there are lots of strategies on the market that can help you manage risk and make money from your trade.

In forex trading, risk management is essential; if you don't handle it properly, you won't be a successful trader.

 

[Stichomythia]

Forex market is volatile and so risky. But if you understand the market and have deep knowledge about the market and trading then you can turn this into an opportunity. Many professional traders make money on this risky volatility.

 

[Svetlana Loboda]

practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.

 

[Moilsome]

Trading in the forex market is, of course, risky. There are numerous factors that influence a successful trade. Before investing, everything must be taken into account. A good trading strategy will always include risk management strategies. You will lose all of your capital if you do not control risk.

 

[FXOpen Trader]

Trading in the forex market is, of course, risky. There are numerous factors that influence a successful trade. Before investing, everything must be taken into account. A good trading strategy will always include risk management strategies. You will lose all of your capital if you do not control risk.

If we are able to learn how to manage the Risks in doing our trades then the Income will become more for us.

 

[Adjudge]

Foreign exchange trading entails a high degree of risk due to the inherent elements of speculation and the complexity of the global market. Factors that can lead to significant losses include time zone differences, the inherent risk of leveraged trades, and geopolitical unpredictability.

 

[CarmeloGiroux]

When you have no idea if you will be able to take home any money or not, it is obviously risky to trade forex. It becomes even risky when you have no idea about how to proceed further and keep taking challenges to make money.

 

[Swissing]

There's no doubt that forex trading can be a risky business. With in-depth knowledge and discipline, you can control your risk and make forex trading a much safer proposition.

 

[Distributive]

Forex is risky and I have no second opinion about it. Forex trading is beyond expectations. It’s not easy to buy a currency pair at a low price and sell it at a high price. It takes a certain level of expertise to do that.

 

[Rapacious]

For those who don't know what they are doing, forex can be a risky business. There is a lot of money to be made in forex, but there is also a lot of risk. If you don't know what you are doing, you can easily lose all of your money.