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❓ASK Forex trading is too risky.

workathomefan

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I think people should chose less risky ways to make money online using the internet.I think the stock market is also to risky and people lose money.
 
Forex trading is too risky to be sincere and i think if you are doing forex the first step you need to take is how to aquire knowledge and skills for sometime.
Forex is the best business but trading with indicator and paid service is the best.
 
Yes forex trading is risky. May be it is riskier than other types of trading like stocks but I believe a good trader should have a thorough understanding of the risk associated with his investments and trades. Risk management is something that shoud not be overlooked at any cost. Know beforehand what you are getting into and its implications and consequences.
 
It's a pretty good way to make money for a living, but don't ever dare to trade without putting passion in it. It will bite anyone who take it gambling.
 
Of course forex trading is risky. That is what makes its potentiality for profits even higher. At the same time it is also true that if you lack enough knowledge and experience with forex trading its risk element will increase proportionately.
 
Forex trading is actually very risky, if you are a kind of person who want to make money but don't want to take any kind of risk then i would recommend you to stay from forex and invest your money at a safer place.
 
Forex trading is risk and I have lost money in this. A loss is painful regardless of what you have lost. Losing on investments has led many to depression. You have lost the money and it cannot come back unless you work for some more money. One important thing after a loss is learn from the experience. Did you jump in too fast? Did you trust someone too fast? Review these steps and see what to never do and what to do in your next deal. As you move on, accept the fact that people make losses. Do not invest money that you cannot afford to lose and understand the risks involved in your investments.
 
I can't say that forex trading is more dangerous, than other business. Wherever there is money - there is risk, the main thing is to be able to cope with it
 
Investing in forex is, of course, risky but I feel it's a risk which can be taken. We can practice on a demo account and learn from the website baby pips.
We only need a minimum of $100 to start trading and it can help us make more. I have heard about a few courses as well from where we can learn about Forex by paying a smaller fee.
 
Forex is very risky.. but remember thats why the earning rates are so darn high. if you are lucky to have someone you know in a good one.. like the stock market you can make money. But again its risky and only invest if you can afford to lose it.. Not for me. Im chicken..
 
Yes of cause forex trading is riskier than crypto trading, I wanted to invest $200 and start trading on some forex trading app later noticed it could be a bad idea
 
Forex and stock markets both are risky. Most people fail because of not following trading rules like not putting stop loss in orders, over trading and emotional trading, trading in the opposite direction of trend, not following money management.
 
A lot of investment programs involve some level of risk though some are riskier like forex trading that is why knowledge of each is needed before venturing into it. The best advice is always start small and do more research and gain insight before investing.
 

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