Forex is risky business, why do people still trade here?

Discussion in 'General Discussion' started by Michael Olague, Nov 8, 2017.

  1. Michael Olague

    Michael Olague Well-Known Member Trader

    Joined:
    May 2, 2017
    Messages:
    189
    Likes Received:
    0
    Forex is a virtual, risky, highly competitive market. But this market is gaining its popularity day by day because it is a global platform where various investors and traders can engage in investment and trading activities around the globe. It opens for 24/7. My broker AAFX is helping me in this risky market by giving me all necessary guidelines, training and trading facilities like low and fixed 1 pip spread and a very high leverage of 1:2000, etc
     
  2. John Mike

    John Mike Well-Known Member Trader

    Joined:
    Jan 24, 2017
    Messages:
    213
    Likes Received:
    5
    The Forex market is too much volatile and there is nobody who can predict the real faction of this market with certainly. As a result for keeping survive in a proper way we the traders have to depend on our trading strategies that we select according to our trading experience. we the traders always looking for a profitable trading strategy , practically for getting a maximal result by trading techniques we have to ensure real money managing plan.
     
  3. davidson333

    davidson333 Active Member Trader

    Joined:
    Mar 21, 2016
    Messages:
    30
    Likes Received:
    0
    Forex market open for everyone here we can earn money online. In forex we can trade 24 hr daily that’s big plus point for every trader and broker. Yes, today forex is popular in worldwide because here we can trade with currency and many options are available for us.

    payment gateway comparison
     
  4. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    168
    Likes Received:
    0
    People trade because they hope they'd be in that 5% out of all traders that will make a profit.
     
  5. John Mike

    John Mike Well-Known Member Trader

    Joined:
    Jan 24, 2017
    Messages:
    213
    Likes Received:
    5
    If you want to get successes from this volatile trading place first of all you have to make sure best trading environment for acquiring proper trading knowledge by learning. And besides good trading knowledge you also have to ensure a reliable support from a credible trading broker , because the trading broker can affects the result of our trading with certainly.
     
    Eliza Abrams likes this.
  6. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    168
    Likes Received:
    0
    I completely agree. If you happen upon a scamming broker and you don't realize that on time now amount of knowledge and experience can save you from losing money.
     
  7. John Mike

    John Mike Well-Known Member Trader

    Joined:
    Jan 24, 2017
    Messages:
    213
    Likes Received:
    5
    Education is more important for becoming a knowledgeable trader very rapidly in Forex. for that reason , we the traders have to choose the trading platform which at all times ensures best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities with video tutorials.
     
  8. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    168
    Likes Received:
    0
    Which trading platfrom do you use?
     
  9. Luke lee

    Luke lee Well-Known Member Trader

    Joined:
    Jan 30, 2017
    Messages:
    250
    Likes Received:
    1
    We know without risk any business is impossible. Business involves risk and in the case of Forex risk depends on several matters like account type, leverage level and spread level. But verily to say that I enjoy risk free trading with Trade12 as I am using their risk free micro account with having high leverage like more than 1:400 which varies from account to account and having low trading spread level.
     
  10. John Mike

    John Mike Well-Known Member Trader

    Joined:
    Jan 24, 2017
    Messages:
    213
    Likes Received:
    5
    This market is too much volatile and there is nobody who can predict the real faction of this market with certainly , that’s why for keeping survive in here we the traders have to depend on our trading strategies that we select according to our trading experience. First of all we traders have to ensure real money managing plan if we get maximal result by our trading strategies.
     
  11. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    168
    Likes Received:
    0
    What strategies would you suggest for traders who trade on the short term?
     
  12. Jamess

    Jamess Well-Known Member Trader

    Joined:
    Jun 12, 2016
    Messages:
    94
    Likes Received:
    2
    Yeah, and it also allows many savvy people to make money, if they know what they're doing.
     
  13. Andrew85

    Andrew85 Well-Known Member Trader

    Joined:
    Apr 23, 2016
    Messages:
    137
    Likes Received:
    1
    Many people like risks! Think of how many rides there are in the world, they are all very scary, but everyone in search of adrenaline goes on it again and again! For many Forex is the same amusement ride!
     
  14. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    168
    Likes Received:
    0
    That is certainly true for some people. They view trading as a form of gambling, more or less.
     
  15. Jafar

    Jafar Well-Known Member Trader

    Joined:
    May 8, 2016
    Messages:
    99
    Likes Received:
    0
    As they say, what's life without a few risks? A thirst for money rules the world.
     
  16. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    168
    Likes Received:
    0
    There is such a thing as a calculated risk, but unfortunately some people are bad at math. :D
     
  17. Andrew85

    Andrew85 Well-Known Member Trader

    Joined:
    Apr 23, 2016
    Messages:
    137
    Likes Received:
    1
    And that's a big mistake on their part. It's not so difficult to do a little bit of reading and learn to do analyse, right? It's the foundation, you might say.
     

Share This Page

free forex signals