Syrine22 Posted February 1, 2013 Share Posted February 1, 2013 There was a time i was doing a business and i tend to take risk without thinking which resulted to me always lossing.what would i say to that.isn't it my fault??They major reason why people tend to fail is that the never applied wisdom to their risk taking. Quote Link to comment Share on other sites More sharing options...
andisatria Posted February 1, 2013 Share Posted February 1, 2013 There was a time i was doing a business and i tend to take risk without thinking which resulted to me always lossing.what would i say to that.isn't it my fault??They major reason why people tend to fail is that the never applied wisdom to their risk taking. the actual reason for the failure that we experience is not as ill-judged to determine a risk but, because we never want to change trade patterns we become better and we still often tempted to earn huge profits from any trade, if we do a trade just by using a small lot I think that we do not trade will have a high risk, and we will move away from the risk of large losses as well Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted February 2, 2013 Share Posted February 2, 2013 There is a saying that goes like this that if we want to change our way of life then we must be ready to change something.we must be ready to make a change at a particular thing for us to be extra successful in forex.Taking a risk likewisely requires us making a change. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted February 2, 2013 Share Posted February 2, 2013 Then, we should have our way to learn those things. And also to learn how to sacrifice and to risk things in order to gain something. It's like Forex trading that if we don't put the risk or our investment at stake we will not going to have potential to make profits at all and therefore, we are not ready to be a trader because, we don't know to handle the risks and the purpose of it. Quote Link to comment Share on other sites More sharing options...
budado Posted February 3, 2013 Share Posted February 3, 2013 At most you can do right now is minimize your risk. The less risk you make the less loses you going to incur. Now how can you minimize risk. The best way to minimize risk is to make good analysis. Because this is the only way we can actually make profit in forex trading without risking much money. I do trade but I make sure that each time I open a position I tried my best that I can earn big with it. Quote Link to comment Share on other sites More sharing options...
chintu Posted February 3, 2013 Share Posted February 3, 2013 I am sure that there is no way to eliminate the risk in forex . May be you can minimize your risk with some good techniques that can be followed to minimize by till now there is no strategy that can help us avoid the risk . With our risk there is no forex and never expect to get such ways that can eliminate the risk . Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted February 3, 2013 Share Posted February 3, 2013 I think minimizing the risk is extremely important and that is what everyone of us must try to know and to me the first step to take in achieving that is for us to always endeavour to put into forex what we could afford to lose at every point of time. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted February 3, 2013 Share Posted February 3, 2013 Yes, that's the simple rule to make profits. It is the goal of minimizing the losses and maximizing our profits. Actually either way, we aim for profits after all. Usually traders focus more of how to do risk management correctly, properly and worthily. Since, we can't just copy others risk management but to learn them and use our own way to manage the risks. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 3, 2013 Share Posted February 3, 2013 No its impossible to eliminate risk from Forex trading fully. We can minimize the risk associated with Forex trading through earning and practice and can use Forex to generate good return on our capital.Though we cannot earn profit always without incurring losses in between, we can use Forex to get excellent returns on our investment. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted February 4, 2013 Share Posted February 4, 2013 We should be ruling out profit of ever succeeding in forex or ever making profit if risk isn't involved.risk to me is directly helpful to forex.I am not saying that some risk ain't detrimental but yet what i would be saying is that forex risk is important. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 7, 2013 Share Posted February 7, 2013 No its impossible to eliminate risk from Forex trading fully. We can minimize the risk associated with Forex trading through earning and practice and can use Forex to generate good return on our capital.Though we cannot earn profit always without incurring losses in between, we can use Forex to get excellent returns on our investment. of course, we cannot do that thing, and in here ROI is not for all traders, i mean only some traders that can get ROI here, there are big amount of money that many people loss here,if you know. i don't know if tpeople have too much hope for Forex like that, as the excellent place to get ROI but you must remember this is high risk investment field. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 7, 2013 Share Posted February 7, 2013 No matter how much we learn Forex and how good we become in it we cannot eliminate it fully though we can reduce it. we Should always try to keep our funds sage by following various risk management techniques like for example always consider taking trades that offer at least a 1:2 risk to reward ratio Quote Link to comment Share on other sites More sharing options...
riddick09 Posted February 8, 2013 Share Posted February 8, 2013 The thing is, you can't totally eliminate risks. I doubt you can do it even you are next to a perfect trader.Even we have the risk management, the only purpose of this will be to lower or minimize the possible losses we will have in our trades. As you have already stated to have 1:2 ratio for the risk and reward will mean you will have pointing out of the losing trades. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 8, 2013 Share Posted February 8, 2013 I am sure that there is no way to eliminate the risk in forex . May be you can minimize your risk with some good techniques that can be followed to minimize by till now there is no strategy that can help us avoid the risk . With our risk there is no forex and never expect to get such ways that can eliminate the risk . Â Yeah. you're right. We can not eliminate the risk in forex trading, because every business is certainly there are risks. The greater the risk that we will receive, the greater the reward that we will get, if we want to try to minimize the risk. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 8, 2013 Share Posted February 8, 2013 No matter how much we learn Forex and how good we become in it we cannot remove risk from Forex and make it risk free. However with good learning and practice we can reduce the risk and make it more profitable by increasing the probability of winning. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 13, 2013 Share Posted February 13, 2013 Yeah. you're right. We can not eliminate the risk in forex trading, because every business is certainly there are risks. The greater the risk that we will receive, the greater the reward that we will get, if we want to try to minimize the risk. risk is your profit, what i mean there is if you get higher risk in your business then it means you wil get bigger risk for you and also bigger profit in your business, so since forex is big risk field then you must know that forex will give us bigger profit if we can manage our trade well but if not then we will loss Quote Link to comment Share on other sites More sharing options...
tirus Posted February 13, 2013 Share Posted February 13, 2013 Many people are attracted to forex trading because it does provide high returns if you manage to get it right and this is indeed all possible because of the high risk that forex trading has. One just needs to happen is for traders to know the type of risk that exists so that they can work around it. Quote Link to comment Share on other sites More sharing options...
budado Posted February 14, 2013 Share Posted February 14, 2013 Theirs no way you can eliminate risk but its good if you can minimize risk. Right now I'm losing money as eur/jpy and the rest of the pairs that I'm trading seems going bearish. I can still hold but I'm hoping that I can end up in profit in two to three weeks because if not then my earning this month is going to be so low. I only earn 81 dollars so far and I need at least 20 dollars to earn total of 100 dollars my monthly earning target. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted February 17, 2013 Share Posted February 17, 2013 That's what Forex trading we will able to have lessen the risk by different means like applying a good strategy with risk management. Or applying the stop loss and take profit in our trades. But fully risks to be eliminated is just a dream. No one should think of doing such as if they can think of the market correctly, analyze it precisely that 100% the market will move in that direction or trend. Quote Link to comment Share on other sites More sharing options...
standart Posted February 17, 2013 Share Posted February 17, 2013 risk is always appear in the currency trading and traders cannot avoid loss even though already have good and proven trading strategy. because there is no perfect system that able to generate perfect result. the important way to overcome risk is set good risk and money management plan. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 18, 2013 Share Posted February 18, 2013 risk is always appear in the currency trading and traders cannot avoid loss even though already have good and proven trading strategy. because there is no perfect system that able to generate perfect result. the important way to overcome risk is set good risk and money management plan. yeah there is no perfect system here and also we must trade with other traders too indirectly, so they have some strategy that they need to apply in order for them to gain profit that maybe also have opposite strategy with our own strategy. but i think as long as we can handle our own risk that will be a good thing for us Quote Link to comment Share on other sites More sharing options...
standart Posted February 20, 2013 Share Posted February 20, 2013 yeah there is no perfect system here and also we must trade with other traders too indirectly, so they have some strategy that they need to apply in order for them to gain profit that maybe also have opposite strategy with our own strategy. but i think as long as we can handle our own risk that will be a good thing for us  yes, that exactly what makes the market move up and down. every traders have different system and that will lead different expectation about how to describe the market. if expectation tend to buy, will create bullish pattern and movement. same thing will occur if traders expectation tend to sell. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 21, 2013 Share Posted February 21, 2013 Â yes, that exactly what makes the market move up and down. every traders have different system and that will lead different expectation about how to describe the market. if expectation tend to buy, will create bullish pattern and movement. same thing will occur if traders expectation tend to sell. that is right, with create bullish pattern they hope to gain more profit from their last acitivity, but in fact that is what people need to do so they can get profit, in here we need to sell and buy, but still that not change that forex is truly a risky field but i think to elilminate it we cannot do that Quote Link to comment Share on other sites More sharing options...
indieover Posted February 22, 2013 Share Posted February 22, 2013 Once we have learned the risk, we must learn how to avoid or learn how to minimize the risk in forex trading. Sometimes it is just our impatience that exposes us to the risk in forex. Sometimes we just ignore the proper way up for money management y Quote Link to comment Share on other sites More sharing options...
pepy Posted February 22, 2013 Share Posted February 22, 2013 avoid the risk is a must for every traders, they need to learn how to do that in every market condition so that is why we have demo account that will teach them something like that efficiently without need to waste so much busk in their own pocket especially for newbies who start to trade Quote Link to comment Share on other sites More sharing options...
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