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  1. #1
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    Aug 2020
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    75

    Understanding the risk

    Traders should understand the risk before investing money in the forex market. 90% of traders lose money in this market. Forex broker often offers high leverage which makes the forex market riskier. In order to survive and be successful traders need to learn to minimize risk. I learned risk management strategy from my broker risk management courses.

  2. #2
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    Jan 2021
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    25
    To work with risks, the main thing is to understand their essence, how they occur and how you can avoid them if you make efforts

  3. #3
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    The trader should understand that there are a lot of risks in this industry. And this is not the most pleasant fact if the trader cannot adequately assess the risks.

  4. #4
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    True, risk management is very important. You can have many winning trades, if you are not aware of how much you are risking, you can blow your account with one or a few losing trades. Calculating your risk to reward ratio and doing your best to reduce your risks with good position sizing, stop loss, etc. is key.

  5. #5
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    Quote Originally Posted by Dora Wi View Post
    True, risk management is very important. You can have many winning trades, if you are not aware of how much you are risking, you can blow your account with one or a few losing trades. Calculating your risk to reward ratio and doing your best to reduce your risks with good position sizing, stop loss, etc. is key.
    We need to minimize the risks available in our trades so that we are able to reduce the impacts of the losses into our trading accounts.

  6. #6
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    Apr 2017
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    714
    Always making profit is difficult in forex market. You can easily earn money if you have enough knowledge about forex market. But in spite of having good knowledge, it is quite tough to ensure profit all time. It is right that in forex market a trader can make consistent profit. But it is not all time. New traders should know that fact that earning money in forex is easy but always making profit is not so easy. They should keep patience and keep trying to make consistent profit. I couldn't make profit at first. But now I can make profit consistently with the help of TP Global FX because of their ease of trading techniques. They are like my guideline in the forex market.

  7. #7
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    Apr 2020
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    Certain knowledge and experience makes it possible to bypass the risks that may arise during trading and avoid critical errors.

  8. #8
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    Feb 2021
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    I think that everyone has heard possible risks on Forex and I understand that there is no escape from them. But how to get around them and how to minimize them you need to learn

  9. #9
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    It is very important to understand what risks may await in the trading process. As for me, this is generally a direct responsibility of the trader in terms of work.

  10. #10
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    The most interesting thing is that the trader has only one way - to study and then earn money. There is simply no simple way, it is worth understanding.

  11. #11
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    Jun 2020
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    If you want to trade in forex market, first of all you need to learn the basics of forex trading. You can learn the basics from different sources. But my suggestion is to open a demo account. It will help you to understand all the basics and techniques of trading practically. I started my trading with the demo account of Forex4you. It gave me opportunity to trade practically without any risk. It helped me to get knowledge about forex market.

  12. #12
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    I believe that there are not so many risks in trading that everything cannot be learned. The main thing is not even to learn, but simply to understand where exactly risk can be expected.

  13. #13
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    I believe that it is very important for a trader to understand all the intricacies of trading, and the most important is the priority risks in the work.

  14. #14
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    As for me, it's just a trader's duty. If the trader cannot correctly assess the risks, then it will be quite difficult for him to get a positive result.

  15. #15
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    I generally consider this task one of the main ones for the trader. If the trader cannot assess the risks that he is taking in the trading process, then it will be quite difficult to get positive results.

  16. #16
    Yes, it is totally must for one to understand the risk when it comes to the market, as without that we will never be able to gain. I work with FreshForex broker, which really helps. To do with their low spreads, over 130 instruments and much more, it all works well in my favour.

  17. #17
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    Quote Originally Posted by Ken Archer View Post
    Yes, it is totally must for one to understand the risk when it comes to the market, as without that we will never be able to gain. I work with FreshForex broker, which really helps. To do with their low spreads, over 130 instruments and much more, it all works well in my favour.
    We need to understand that if the risks present into our trading will be lower we will remain safe in our trading business.

  18. #18
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    Jan 2021
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    25
    Risks are something that we cannot avoid while trading, if we want to make a profit and minimize risks, we must learn to work and the size of these risks depends on the style of trading we use.

  19. #19
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    Each trader must understand perfectly all the risks that await him during the trading process. As for me, this is one of the key tasks for the trader.

  20. #20
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    Jan 2021
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    12
    Since all the time trading will be accompanied by certain risks, for us it will be most beneficial to you, you do not know how to calculate them and know where they can appear and how you can get around them.

  21. #21
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    The most important thing for a trader is to correctly assess the risks. If you do this wrong, then there is a very high probability of making wrong decisions.

  22. #22
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    Jan 2020
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    257
    A good trading plan with a reliable broker will always support you to struggling in Forex which is the largest currency exchange market. By maintaining a good trading plan, you can easily balance on your loss and profit. Tpglobalfx is my experienced trading broker with whom I am trading. They give me daily trade updates; Dow Jones News and reports, charts, quotes and data, economic calendar and market alert are their innovative ideas.

  23. #23
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    May 2020
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    110
    In order to be able to avoid risk or take it, you need to understand it and know how to work with it, this will give you a lot of opportunities.

  24. #24
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    If the trader does not understand the risks of work, then it will be quite difficult for him to achieve a positive result, because this is an important aspect.

  25. #25
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    Aug 2017
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    Practice can make a trader perfect. The more you practice trading, the more your trading skills will develop. You need to gather a lot of information with practice. As a new trader, I suggest everyone practice the demo. Demo trading gives you an idea of ​​the basics. If a trader cannot practice trading with patience, his trading future will not be good. Therefore, every trader should practice trading with patience.

  26. #26
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    Quote Originally Posted by Kees Bekker View Post
    Practice can make a trader perfect. The more you practice trading, the more your trading skills will develop. You need to gather a lot of information with practice. As a new trader, I suggest everyone practice the demo. Demo trading gives you an idea of ​​the basics. If a trader cannot practice trading with patience, his trading future will not be good. Therefore, every trader should practice trading with patience.
    When we start doing our trading we are in imperfect Forex traders but we need to spend more time and developed that kind of trading skills which will help us in becoming a perfect Forex trader.

  27. #27
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    May 2020
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    84
    the risk in forex has been and will always be, it can only be reduced by choosing a reliable broker for yourself, I advise the option that I have been working with myself for a couple of years, this is Expertoption, you will not have any problems with your work

  28. #28
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    Dec 2020
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    Quote Originally Posted by Walkarie View Post
    the risk in forex has been and will always be, it can only be reduced by choosing a reliable broker for yourself, I advise the option that I have been working with myself for a couple of years, this is Expertoption, you will not have any problems with your work
    We need to choose a Forex broker that is operating in the Forex markets for more than 10 years. I choose to do my trading with FXOpen as they are operating from the year 2005.

  29. #29
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    Jan 2021
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    346
    Forex is such an occupation that the risk has always been and will be, there is no way to get rid of it, although many traders increase it several times in order to get better profits, but this does not always work

  30. #30
    Join Date
    Apr 2016
    Posts
    601
    There are many types of risk in forex trading like Exchange Rate Risk, Interest Rate Risk, Credit Risk, Country Risk, Liquidity Risk, Leverage Risk, Transactional Risk and Risk of Ruin. It is very important to have good knowledge about such rich to sustain in the forex market.

  31. #31
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    Dec 2020
    Posts
    25
    Before you start trading, you must register in your trading plan the impossible and the risks so that this sky is a surprise for you, its time looks at them to react and get around

  32. #32
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    May 2020
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    A trader should always understand what risks he takes in the process of work. It should be understood that without this, a trader can get completely unjustified risk.

  33. #33
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    Jan 2021
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    346
    before deciding that you want to do forex, choose a reliable broker for yourself and try yourself on a demo, I advise you to try Amarkets, a great option with a high-quality demo

  34. #34
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    Dec 2020
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    Quote Originally Posted by Diedriarekh View Post
    before deciding that you want to do forex, choose a reliable broker for yourself and try yourself on a demo, I advise you to try Amarkets, a great option with a high-quality demo
    We can learn and also become better traders with the help of the DEMO trading accounts and get more success in doing our trading.

  35. #35
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    Jan 2021
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    346
    I think that those who are not the first to work in Forex have long understood that there has always been a risk here, and some of the newcomers understand where they are investing money

  36. #36
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    Quote Originally Posted by Diedriarekh View Post
    I think that those who are not the first to work in Forex have long understood that there has always been a risk here, and some of the newcomers understand where they are investing money
    Those forex traders who are having little amount of trading knowledge will need to use special trading skills for getting the profits.

  37. #37
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    Jan 2021
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    346
    to reduce the risk, you need to work with a quality broker, so you will at least worry less about payments and other problems, for this I advise you to try the Amarkets platform, an excellent option with high-quality conditions

  38. #38
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    Dec 2020
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    Quote Originally Posted by Diedriarekh View Post
    to reduce the risk, you need to work with a quality broker, so you will at least worry less about payments and other problems, for this I advise you to try the Amarkets platform, an excellent option with high-quality conditions
    If we want to reduce the risks present in our trading then we will need to do only selective type of trading that is easy for us to understand.

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