Jump to content

Forex is a very dangerous business to do.


Recommended Posts

Forex is a very dangerous business to do. Trader will not make profit in each trade. Trader only need patient and trading skill. Brokers often give their traders this confidence and trade their platform. I am trading with AAFX. It gave me this positive attitude and gave me a bonus for my loss. It also provided me with a leverage of 1:2000.
 

Link to comment
Share on other sites

Just like any other business, Forex trading involves risks. This is why it's vital to first learn and study everything about it. You can read lots of materials online, just like what FreshForex provides. You will also enjoy their market reviews for free.

Link to comment
Share on other sites

Forex trading is very profitable but as well as dangerous. You can make huge profit or you may loss everything. But the flexibility and working system make it very famous to every person. Now may people are rushing in this business. With Forex4you broker I start my trading journey before 3 years. Their effective educational session help me to learn Forex trading properly. They give all sorts of trading facilities and utilize them with my capability.

Link to comment
Share on other sites

On 3/14/2019 at 10:58 AM, sebseb said:

Just like any other business, Forex trading involves risks. This is why it's vital to first learn and study everything about it.

Everything about the market can not be learned. That would be irrational to think like that. The market has many aspects and one can spend his entire life studying them.

Link to comment
Share on other sites

Forex is the biggest financial market in the world. In forex, it is very easy to make money within a very short time if you have proper support from your broker. My broker BPRIMES is best for me because they provides the smooth platform which is enshrined with more than 250 technical ingredients and user-friendly. It is really easy to analyze on this platform. Their platform is really free from slippage, requotes and any other technical errors.

Link to comment
Share on other sites

It is obviously one of the most amazing feelings when we get our first income. No matter what job or business we are getting it. But It feels wonderful, the joy we can’t say in words, the moment we can’t describe through sentences. I started this business 3 years ago, and my business partner is FXLinked who is the most supportive broker I have found. With their help in forex, my first income was $100.

Link to comment
Share on other sites

Every trader must remain careful regarding how to ensure consistent profit here. Each day new happening can be faced by the traders. Thereby each time a trader wants to work with some trading methods he must be sure that methods he is going to use are suitable as per the market situations prevailing in the market. Once he is fully confident then he should go for the methods but in company of sufficient risk management.

Link to comment
Share on other sites

On 3/15/2019 at 3:50 PM, Sininfinity said:

Everything about the market can not be learned. That would be irrational to think like that. The market has many aspects and one can spend his entire life studying them.

This is why learning in the market cannot end, it's a continued process that you must engage yourself in.

Link to comment
Share on other sites

14 hours ago, puskas said:

This is why learning in the market cannot end, it's a continued process that you must engage yourself in.

Just make sure you are not overloading yourself with information. Many things can happen when people are passionate about something. So staying at a balanced position is preffered.

Link to comment
Share on other sites

Leverage allows a client to trade without putting up the full amount. Instead a margin amount is required. For example, 50:1 leverage also known as 2% margin requirement. I am trading with FXLinked who provide flexible leverage facility to their clients. Leverage increases both upside and downside to risk as the account in now that much more sensitive. Leverage is a kind of loan from your broker what makes you capital highest 500 times bigger when you decided to trade with big lot.

Link to comment
Share on other sites

Yes, Forex is a very dangerous business, that's why you should do some practice before you go to real market with your real money. But you can reduce your risk with claim your bonuses if you join FreshForex as your broker. From now on, FreshForex will give you 200% deposit bonus, so you can use it to reduce your trading risk

Link to comment
Share on other sites

No, I disagree completely. In my view, Forex is not dangerous or risky business if you are doing it in proper way. But if you do it in random way then it’s not just Forex but anything you do is dangerous. I am not an expert but still I plan things very accurately especially because I have money involved.

I use Forex signals as one simple way to get things on track but using one that’s reliable is major task. And that’s where BuyForexSignal is a service worth trying with having 80-90% accuracy. Interestingly, it can be used for FREE if joined via Avatrade broker. The service in actual can be purchased but with joining through the broker, it becomes FREE.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...