More risk, more profit: is it true?
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thread: More risk, more profit: is it true?

  1. #1
    Junior Member xxaurix's Avatar
    10

    More risk, more profit: is it true?

    Many people believes that forex trading is an easy and profitable small business. But it's also a risky business too. Is it true?
    More risk, more profit...

  2. #2
    In my opinion FX trading is a complete time profession as you need to study lots of math and fund simply to understand currency trading with its details (begin with margin call, drawdowns etc). As soon as you earned your career by learning for a few months, you begin trading demo accounts. Again for months.

    Once that's done with great results, go live and you need to succeed. As you did your homework. But if you just jump in along with your charge card, place an order and expect to double your money... nope, will not work very long and your account...
    This is quite true. If you do not know the expectancy mathematics, or should I say arithmetic, of your egy then there's a danger you may believe that you're a poor trader if you have a string of losses, or what is worse, unintentionally do nicely.

    In other words, it is not all that difficult to understand about risk management but it may be difficult plogically to apply it consistently.

  3. #3
    Senior Member raqwl.deji's Avatar
    108
    More risk = greater profit

    more risk = greater loss

    not only profit with greater risk...

  4. #4
    Junior Member alicayhdz's Avatar
    21
    Foreign Exchange is elevated risk. In the event you do not know a lot about Foreign Exchange and you want to play with then you are a gambler. Better keep practice together with demo account to understand comfortable and appropriate technique before you play the true Foreign Exchange

  5. #5
    Less risk = greater profit.

    Ending of story

  6. #6
    Risk what you are comfortable with.

  7. #7
    Senior Member Rororo93's Avatar
    102
    Yes, it is a really risky business if you don't know what you do.

    Just as you wouldn't do brain surgery on someone, after studying 1-3 novels, you shouldn't trade after studying 1-3 books.

    Who' s what people don't know. To be world-class (an in this sport world means earning more than 15-20percent PER YEAR!!!) You need to spend the hours and years. Thousand and thousand of hours !

    But hey, that would like to put in thousand and million? Everybody want to make money fast and easy

  8. #8
    Lots of people believes that forex trading is a simple and profitable small business. Nonetheless, it is also a risky business also. Is it true?
    More risk, more profit....
    Two things that you want to study before you start trading are drawdown and expectancy. Look at risk from this point of view and you may stand a opportunity. If you don't you might as well go to a casino.

  9. #9
    Yup! More risk you're willing to take some, you can make some great money. The trick, however is in converting these trades to real profit.

  10. #10
    Junior Member CRISUOX's Avatar
    22
    The hallmark of superior trading is trying to find the maximum profit out of the smallest amount of risk possible.

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