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  1. #1
    Join Date
    Mar 2019
    Posts
    313

    Trading is a dangerous

    Trading is a dangerous business and everybody endures loss. It is a typical matter. Our objective, as a trader, ought to be to discover unsurprising developments in the midst of all the haphazardness. Albeit most market developments are irregular, there is typically a basic pattern. You have to discover these patterns and benefit from them. I am trading with XeroMarkets, a regulated forex broker. They provide a wide range of services to their customers.

  2. #2
    Join Date
    Aug 2017
    Posts
    1,432
    From Forex market without learning mostly newcomers tries to make money which is one of the major reason why mostly traders didn’t get success from this business. By learning properly a trader can build his confidence pillar. Forex4you is a solid broker which I select for my successful Forex business. They fulfill my educational problem by giving me free educative sessions such as- demo account, video tutorials and so on.

  3. #3
    Join Date
    Mar 2020
    Posts
    242
    Know that trust is a good thing. Keeping you in mind, I mean trust, not arrogance. It's good to trust your decisions, but they should be based on what you see on the charts, not what you want to market.

  4. #4
    Join Date
    Mar 2020
    Posts
    30
    Many people think that Forex trading is quite easy, but when you start trading, you understand that there are many certain risks.

  5. #5
    Join Date
    Apr 2017
    Posts
    819
    Loss is the part and parcel of forex market. Every trader wants to reduce their losses. If you want to reduce your losses you need to study more and more about forex market. Basically new traders are not serious about the losses. To reduce the losses every traders need to make a plan and walk through that plan. I always trade with TP Global FX. It has low spread and give personal advice to reduce or recover the losses.

  6. #6
    Join Date
    Jan 2017
    Posts
    1,118
    Actually we know that we need to test their credibility and reliability for a broker. I know its so simple to have here learn what are their payment methods and their customer satisfaction but its really risky particularly if we are new. So better to also consider those older brokers and most important are that they have forums that we can have discussion about their broker.

  7. #7
    Join Date
    Jul 2020
    Posts
    162
    Forex trading is really a very famous business in the world. Anyone can trade in the forex if they have proper knowledge about forex. If you don't have any proper or strong knowledge then it is quite dangerous and risky business for you. I suggest you first gain forex knowledge then start trading. I used a demo account before starting my trading career. Now I am earning a good number of profits. My broker Eurotrader is very helpful and supportive. They never make disappointment to their client. They are one of the best brokers I have ever worked.

  8. #8
    Join Date
    May 2020
    Posts
    121
    I think this is not so much dangerous as a responsible thing, because you need to be as focused as possible and understand how to do it so that there is a result

  9. #9
    Join Date
    Aug 2020
    Posts
    157
    Trading is risky. That's why Managing risk is very important for maximizing profit. I risk 2% of my capital for each trade. Similarly, the most silly introduction to risk is 4%. It proposes I open most crazy of 2 trades. I figure everyone should keep up their hazard association rules. Without overseeing risk in trading entire arrangement achievement is farfetched. Choosing a good broker is also important. I am trading with Eurotrader that provides amazing trading facilities. It's a fully licensed and regulated broker with super fast execution.

  10. #10
    Join Date
    Apr 2020
    Posts
    1,659
    Trading is not really the safest option to invest, but it can also be quite profitable. I use the Amarkets broker to work, and so far I am quite pleased with the results.

  11. #11
    Join Date
    Jul 2020
    Posts
    1,359
    In my opinion, trading is a really dangerous type of investment. I myself work with the broker ExpertOption, and I believe that this is a dangerous but profitable option for investing.

  12. #12
    Join Date
    Sep 2016
    Posts
    449
    yes, if you don't have a good strategy, if you don't have a strategy try using the Eas of Automated indicators, this is what I started with, I stuck to the eDragon EA free from freshforex, so far, no complains at all!

  13. #13
    Join Date
    Apr 2020
    Posts
    1,659
    Trading is dangerous when the trader works with maximum risks. I started working with Amarkets, and I can say that it is extremely important for the trader to correctly assess the risks.

  14. #14
    Join Date
    Aug 2020
    Posts
    75
    Don't let your heart lose just because you've lost some trades. When a streak of trades is against you, take a short break and come back to the trade when your emotions don't overwhelm you. You can make better trading decisions by analyzing the numerical data available in the forex market. My broker Eurotrader provide me all kind of essential data and tools to make better trading decisions.

  15. #15
    Join Date
    Jun 2020
    Posts
    87
    We all understand that trading in the forex market is really very much due to the fact that there is a possibility of losing your personal funds and some failures.

  16. #16
    Join Date
    Apr 2020
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    1,659
    Trading is not really the safest option to invest, but it is worth realizing that it can bring really very good money, but this requires effort.

  17. #17
    Join Date
    Jul 2020
    Posts
    1,359
    Trading is really worth approaching with concern, but it is also worth understanding that an experienced trader can get more positive work results.

  18. #18
    Join Date
    Jun 2020
    Posts
    306
    We all know the proverb that no risk no gain. Forex market has also risk. A trader when trading in the market, he always try to reduce the risk. It is not easy to minimize the risk. Trader should study hard before trading in the market. A broker also can help to minimize the risk. To give the guideline I take Forex4you as my broker. Their planning, execution and ease of access pleasing me all time.

  19. #19
    Join Date
    May 2020
    Posts
    2,015
    Trading is really not the easiest investment option, but it can be quite profitable. Therefore, it is extremely important for a trader to choose between these options.

  20. #20
    Join Date
    Jan 2020
    Posts
    364
    When anyone wants to start trading in the forex market, he always thinks to get knowledge about the market first. To get the knowledge he has to choose a broker that helps him to trade and gather knowledge about the forex market. By using the demo account of the broker he can easily know all the techniques and processes of trading. At first, I was opening a demo account in Tpglobalfx. It has no limit on trading and a vast way to know about the forex market. It also helped me to understand the techniques as a newbie.

  21. #21
    Join Date
    May 2020
    Posts
    2,015
    Trading is really one of the investment options that has many risks. But you need to understand that it can also bring very good profit.

  22. #22
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    2,205
    Quote Originally Posted by malopis View Post
    Trading is really one of the investment options that has many risks. But you need to understand that it can also bring very good profit.
    If we want to earn income we would need to use a system that can give us more income on a regular basis from the Forex markets.

  23. #23
    Join Date
    Jul 2020
    Posts
    1,359
    Trading, like any other investment option, is very dangerous. There is no guarantee that the trader will make a profit. You can just lose money.

  24. #24
    Join Date
    Jan 2017
    Posts
    1,118
    The leverage always consider as an important financial tool which an investor should consider when choosing a broker. it always contains risk , so before trading with leverage we the traders have to know how to manage risk , my trading career I always use 1:100 leverage for avoiding risk , but when I can predict the real faction of this market with certainly then I use up to leverage 1:500 that always ensures my trading platform LQDFX. So, my trading life is very much comfortable.

  25. #25
    Join Date
    Jul 2020
    Posts
    1,359
    It is not trading that is dangerous, but the attitude towards it. If the trader allows to treat trading so that it receives losses, then for him this option can really be dangerous.

  26. #26
    Join Date
    Jul 2020
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    1,359
    The whole danger of trading is that the result may not be banal. It is worth realizing that no one will cover the losses, except for the trader himself.

  27. #27
    Join Date
    Dec 2020
    Location
    Asia
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    2,205
    Quote Originally Posted by dayzzz View Post
    The whole danger of trading is that the result may not be banal. It is worth realizing that no one will cover the losses, except for the trader himself.
    In the foreign exchange market the losses can start at any given time so we should be careful and also remember the fact that we are in the market to earn profits

  28. #28
    Join Date
    Jul 2021
    Posts
    72
    There is a lot of risk involved in trading, unfortunately. Lack of experience and knowledge, black swan events, unethical brokers - all of these factors add to the risk.

  29. #29
    Join Date
    Dec 2012
    Posts
    610
    Trading is risky, but as trader actually they can manage the risk accordingly, dangerous or not will depend on how the trader work in trading, if they prefer to chasing profit without pay attention with the risk, or trading based on greedy, hence forex will dangerous and they work like as gambler, but as traders will treat forex as a business, they will pay attention with profit and loss in business, and will hard work to minimize the risk to maximize the profit. manage STP account in FXOpen, I have always implemented risk management.

  30. #30
    Join Date
    Jan 2021
    Posts
    188
    It definitely is risky. Sometimes people ignore that or underestimate the risks when they first start trading. But this is why it is essential that every beginner takes their time to learn and practice, and every trader uses good risk management.

  31. #31
    Join Date
    Jul 2021
    Posts
    72
    That's true, unfortunately. One has to be very self-aware of their own abilities and very realistic about their expectations of trading.

  32. #32
    Join Date
    Jul 2020
    Posts
    1,359
    It should be understood that trading can really be dangerous and can bring more than just profit. For example, when I started working with a broker from ExpertOption, I also thought that it was much easier to work.

  33. #33
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    2,205
    Quote Originally Posted by dayzzz View Post
    It should be understood that trading can really be dangerous and can bring more than just profit. For example, when I started working with a broker from ExpertOption, I also thought that it was much easier to work.
    It is not easy for us to do foreign exchange trading we would need to gain some trading experience and also give more time into the markets.

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