Is there a way to eliminate risk fully?

[budado]

Theirs no way you can eliminate risk. But I do believe that if we really want to make profit in forex we need to take risk to make profit. I don't think we can run away with risk in forex trading as risk is the only way we can really take some earnings. Just imagine that you are betting that the price will either going to go up or going to go down. Right now my strategy is hedging.

[sakai]

For me, there is almost no way to eliminate the risk on forex trading one hundred percent. We can only try to minimize the risk on forex trading. But, risk is always a package on forex trading, risk and profit. If we do not earn the profit, then we will get what the risk is.

[euro]

I don't think you can eliminate risk fully in forex since it moves differently all the time so there is always uncertainty and you can't control the market so how do you control the risk of not being in control. You can't. You can only make the best guess possible on how it will move and then set your stop loss and take profit so you don't lose a lot. You can control risk completely but not eliminate it. You can control it by using stop loss, take profit, low capital, low leverage, trending, use news and charts, and practice in demo. 

[StevenBendre]

We can use the stop loss to eliminate the risk to some extent and that is the only way we can use. And most of the traders will be suing this to minimize the risk factor in trading and I am sure that it will really work to an extent. Any way there is no other way to eliminate the risk completely in forex.

[HarryPotter]

Stop loss is to lessen the risk that you are taking so you can use that instead of thinking some impossible things that we can't have. It's the best that we can really do under the circumstances because when it comes to fully eliminating the risk of forex trading then we know that we cannot accomplish that. The nature of the currency markets is different and so unpredictable that it would be difficult for to make be rid of the risk completely.

[Samar]

I see that there will always be that element of risk as we are dealing with unknown factors that are influencing currencies. If forex were to have limited risk then it would surely be quite easy to trade and there offer lower potential for profits in the process. All that we strive to do as traders is to try and minimize losses by preparing ourselves.

[sakai]

Eliminating risk is something even specialists would never get to solve. Taking risk is part of life. To succeed in anything one just has to take the risk and with that every forex success likewise also requires risk even it is a slight one at that time. There is not way to eliminate risk completely and if you really want to eliminate the risk then there are some strategies like stop loss, cut profit strategies and many more it would be better to use those strategies to minimize the risk factors of the forex business.

[ivan]

The road to success is a narrow one expects you take a wise risk then passing through would be extremely difficult. Sincerely without risk we wouldn't have been seeing great forex experts today. There must surely be a risk for forex success. There are only some good strategies that will work well so it is suggested that a trader will be choosing a good strategy that can make him profits but not loss.

[StillAlive]

To minimize the risk is really possible in Forex trading, but eliminating the risk then that is something that is impossible to happen in here because if there is such thing then everyone will keep going without second thought because there is no risk at all so there is nothing to be afraid with any action.

[standart]

to minimize risk is possible but to eliminate risk fully is impossible. we need to deal with market uncertainty and no method able to predict future market movement accurately. so, we can suffering loss in trading. however, will proper learning and we have good analysis skill, we can judge situation properly and make profit probability higher than loss.

[euro]

I don't think there is any way to eliminate risk fully . if thee would be any way then all of the people will be leaving there regular works and start earning with forex itself . but unfortunately there is no ways to escape from risk . To be frank forex is a very risky business where you have the chances of earning at the same time may chances of loosing to we should be careful while trading . You can minimize the risk by practicing .

Just like you say here, there is no way to eliminate the risk fully. We would all retire if we all could eliminate them. Of course, there is no way to escape from risk. Forex is indeed a very risky business and yes we can minimize loss by practicing a lot in a demo. Now, after we lose money in a demo, we will then not do it in a real account. Forex calls for details to attention and even the little details could cause you to lose money. 

[sakai]

Eliminating risk in forex is just being gain more and more knowledge and that can help you not to loss much amount with forex. as we all know forex is a business where there is lot of risk and we know that eliminating risk in forex is not at all easy so every trader should try to improve there forex skills and that can help you to some extent to minimize your loss .

[Samar]

We should just keep ourselves better in here and less attention with the things that it might not be possible though we may often ask ourselves if there is any way as it's such a risky business that we always finding way to minimize the losses, but that is just that as no way to eliminate it.

[StevenBendre]

Well, eliminating risk is what we should be studying technically. What is elimination, it means to get rid of something totally while risk is some un-usual steps which could be positive or negative that one takes to succeed. Sincerely risk is important in life in which forex is amongst.

[HarryPotter]

We can minimize the risk in forex but it is not possible to eliminate risk in this business because as we all know forex is a risk business and even after knowing about forex there are many people interested in this business. Of there will be no risk in forex then every one will leave there jobs and come to forex to earn money.

[ivan]

Actually there is no easy to make money though Forex can be an easy way once you are skilled trader. But when we are just starting up then for sure it will be surely hard because there are many losses that we may experience it's really better that we are prepared about those losses as we can be prepared emotionally and mentally.

[StillAlive]

There is always going to be a loss in trading is one thing that means eliminating the risk is not possible. We should be controlling our emotions when doing forex. Though it is extremely difficult but yet we should try to control it especially when we get to lose funds. Forex is good and that would be for those that would always be ready to solve the puzzle.

[Samar]

I believe that there is no way which we can get rid of our loss or risk because almost everything depend on us so the best thing here is that we need to try our possible best and be trading with a good money management and risk management just to be on the safe side of the business this will really help us minimize the level of loss.

[sakai]

We have to know that the risk part is what makes forex trading interesting and therefore lucrative because with the high risk that exists in trading also comes the possibility of high profit returns in the process. Just like in any business that one undertakes, the more risk that exists means the more returns that one can expect.

[StevenBendre]

We have to manage the risk because there is no way to eliminate; it's just how we manage it. If you can't tolerate the risk involve in forex trading then it's not for you as you enter in Forex trading there is always a risk and you can't avoid that as it's part of it. Just learn how to manage the risk in forex trading.

[HarryPotter]

Surly there is no way here we can erase or eliminate the risk on forex trading completely here. No and never here. Because it is the trading, in every trading, there is a chance to make profit and to lose the money here. Then we can see, it is not a magic thing or the miracle from God here that has no risk.

[ivan]

You can never run from commodity price risk, which is the classic problem with forex trading, that's the basic risk you are taking when buying any asset on the market, but what one can do is either manage it, mitigate it, or transfer it. There is almost no way to eliminate the risk on forex trading one hundred percent. We can only try to minimize the risk on forex trading.

[StillAlive]

Risk is always a package on forex trading, risk and profit. If we do not earn the profit, then we will get what the risk is. I don't think there is any way to eliminate risk fully. If thee would be any way then all of the people will be leaving there regular works and start earning with forex itself.

[Samar]

Unfortunately there is no ways to escape from risk. To be frank forex is a very risky business where you have the chances of earning at the same time May chances of loosing to we should be careful while trading. There are many risks that can be mitigated to a point where they are insignificant, but never totally eliminated.

[sakai]

Even if we apply risk management it brings down the potential profitability, so bigger profit we go for bigger risk we are to face. Some use positive interest rates to gain risk free, others stay long term but then the profit is loss. There are some forex sites which provide insurance about forex risk and how much you want cover they will decrees roi as compare of that.