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Why people Think Forex a Risky trading

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Why people Think Forex a Risky trading

Postby Jack Francisco » Wed Dec 19, 2012 6:59 am

Why people Think Forex a Risky trading:Some people think that Forex is a very risky business. But day by day Forex's popularity rapidly increasing.My question is that if "It is a risky business then what are the reasons that most of the people are coming to join this Trading"?
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Re: Why people Think Forex a Risky trading

Postby Shawnmichal » Wed Dec 19, 2012 9:57 am

People think forex trading is risky because it includes risk of losing money. There are 50-50 chances to make or lose money. On the other hand, Forex is a great way to make fast money therefore number of people are trading forex. I think, trader should start forex trading after sufficient research.
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Re: Why people Think Forex a Risky trading

Postby wandererf » Sat Jan 05, 2013 5:52 pm

It is a general misconception that any trade in the forex market is a risky trade. While it is true that many forex traders in the market take inordinately high risk, the forex market is generally less volatile than many people think it is. As an example, consider yesterday's market movement:

Code: Select all
Currency   High     Low      Range    Percentage Range
EUR/USD    1.3089   1.2997   0.0092   0.71%
GPB/USD    1.6109   1.6009   0.01     0.62%

Instrument  High       Low       Range    Percentage Range
Corn        691.63     679.88    11.75    1.73%
DJ          13374      13294     80       0.60%
S & P 500   1462.63    1451.38   11.25    0.78%


While it is not an exhaustive list, I hope it serves to show that the forex market is not any more volatile than the other financial markets.
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Re: Why people Think Forex a Risky trading

Postby Jack Francisco » Wed Jan 09, 2013 7:59 am

i think they fear beacause they think that they losse his money full money,they can not try better or learn about forex.fear and risk is a part of any business but forex is also match in this field because it is also a business and profit and loose will be happen in this floor.
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Re: Why people Think Forex a Risky trading

Postby Thomas012 » Thu Jan 10, 2013 8:45 am

Hi Guys
People fear the stock market ups and down. But good knowledge about the market, about forex, how it can be done tacktfully gives a good option fro trading.

Thanks
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Re: Why people Think Forex a Risky trading

Postby Thomas012 » Fri Jan 11, 2013 9:57 am

Trading in Forex is not a risk untill and unless you fall into wrong hands. Various websites are available online that gives you immense information about trading in forex. Binaryoptionstreet.com another such example giving you regular update of global market and news feeds.

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Re: Why people Think Forex a Risky trading

Postby Jack Francisco » Tue Jan 15, 2013 7:29 am

Risk is the essential part of Forex trading and in opinion its risk for only those person's who does't understands it and do not follow the basic rules and regulations of Forex market. You can become as expert of this market by just practicing on a demo account which can help you learn about that how to overcome the risk.
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Re: Why people Think Forex a Risky trading

Postby MerryFX » Fri Jan 18, 2013 5:32 pm

If you do anything in life it is a risk. Especially when it comes to being self employed / investing. The only problem is that when people trade forex they think it is easy and lose all there money, that is why people think it is risky. If you went out and tried to invest in steel you would probably loose all your money if you didn't learn how the steel industry works. But if you know what you are doing and only enter high probabilty trades your risks are small.
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Re: Why people Think Forex a Risky trading

Postby Thomas012 » Mon Jan 21, 2013 1:12 pm

Absolutely right Jack
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Re: Why people Think Forex a Risky trading

Postby Thomas012 » Mon Jan 21, 2013 1:20 pm

Gaining knowledge is the best option before trading in forex. People fall into wrong hands and often end up loosing money thats why they taboo it as a risky business. But its a myth. Trying things logically proves immense beneficial.
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