Is forex a risky business?

[Enxx]

I know that if I ask this question, many people will say that forex is a risky business. Well that is on your own point of view.
Forex trading is never risky but it depends on how knowledge of forex before we start it and the emotion we have for it.
Someone that has very small knowledge of forex or greedy will always lose his investment and sees it as a risky business.
What do you see of forex?

 

[Edulady]

Well yes and no. The risky issues yes it does come from not having knowledge about forex and being greedy, but is also somes from how unpredictable it is. How volotile it is. You can go to sleep having invested and foreseeing great returns and wake up having to come to a massive dip. That's the risky part. You then have to either opt out with the little that's left or wait for it to rise.

 

[Hate2Wait]

Yes it's risky for me because I don't have any knowledge about it but I have plans to try it someday.

 

[Shavkat]

Forex trading are extremely high risk, although being limited to percentages of one point.

 

[cherry123]

Yes it's risky for me because I don't have any knowledge about it but I have plans to try it someday.

it had always been a risky business especially for people that don't have the right knowledge about it

 

[Starmix]

It is a very risky business. You may become moneyless in the future if continue continue to risk yourself.

 

[Stardom22]

It's very a risky business in deed. The brokers usually warn their traders to be aware of the high possibilities of loosing their whole capital prior execution of their trades.

 

[Starmix]

There are brokers who do not warn, they encouraged instead which is so unfair for beginners.

 

[cherry123]

There are brokers who do not warn, they encouraged instead which is so unfair for beginners.

You are right I wonder why they do that. Whate the essence of the hiring then.

 

[eldavis]

There is no doubt that forex trading is a very lucrative investment, but it is also one of the most riskiest forms of investments out there.

 

[flower]

Forex comes with a lot of risk and there's absolutely no way you wouldn't record losses in that business.

 

[uptrendfinancialsignal]

Forex is a highly risky investment and it comes with a lot of risk if you do not understand how to trade.

 

[cherry123]

Forex from my research is one risky stuff to indulge in, it is better to know every thing about it before indulging it, better still you can use an expert

 

[timewo]

Forex trading is considered to be very risky according to experts. Statistical data indicates that less than 20% of the traders are making a profit, so new traders should be ready to face losses.

 

[riberet19]

Forex is one of the riskiest investments, but it all depends on the knowledge of the trader or investor, if you are going to enter this market, I recommend that you inform yourself well and study the market properly before putting your money there.

 

[Starmix]

Forex trading for sure is a risky business which is why others hire a robot to help the trader profit however not all robots are smart. You only need the exact time to gain not fail.

 

[nomad]

Forex is a risky business, bt tell what business, investment, or market is not risk. When it comes to investing money, everything has some level of risk. Even saving can be risky because the value of money will go down during inflation.

 

[eldavis]

There are brokers who do not warn, they encouraged instead which is so unfair for beginners.

These brokers make their money when you loose yours, so they tend to not tell you much about how it works so they can make money. I have heard issues of some brokers who temper with their trading apps while traders trade as well.

 

[Starmix]

These brokers make their money when you loose yours, so they tend to not tell you much about how it works so they can make money. I have heard issues of some brokers who temper with their trading apps while traders trade as well.

That is right, the initial capital and the upgrading will never be returned. It is ot good not to believe right away. We need to check the feedback from the previous clients who were scammed.

 

[Nite]

There are brokers who do not warn, they encouraged instead which is so unfair for beginners.

These brokers make their money when you loose yours, so they tend to not tell you much about how it works so they can make money. I have heard issues of some brokers who temper with their trading apps while traders trade as well.

It's concerning that some brokers who prioritise their own profits over the well-being and success of their clients, especially beginners. That is unfair and unethical for brokers to encourage risky trading practices without providing proper warnings or guidance.