Forex Market is less riskier than any other investment market. Moreover one need a good trader and knowledge of global Market but once you get a feel of it it is one the best way to make good profits. I have been doing trades for my clients and all my clients have had a good return till now.
Forex is trade based on all world sentiments,
You need to be intact with Economic and political news always
Volatile is very high and high leverage from brokers
made Forex very very risky
Start with Micro account if you are outside India,
I hope it is not legal to trade forex from India
Yeah..! it might be more risky but it also yields more rewards than any other business. Thus it would be more beneficial to trade with it, instead of investing in share business.
If we could make fear of forex being risky less minimal, concentrate more on money management, Trail stops,SL among other proper measurement to reduce the risks it would do us good in our trading results.
I am speaking from my experience.
Forex is very,very,very risky than any other financial instruments in this universe. One move by Swiss FM makes the reputed Alpari Uk into insolvency in few minutes. It takes many years to establish, but its takes few minutes to destroy it, that too the Swiss FM changed one currency exchange policy. Many traders accounts turns into negative balance ie +$100,000 account into -$300,000, who had exposer with Swiss Franc. This will never happen in stock investment or future tradings or commodity trading , you may lose only what you had in account.
Even forex Disclaimer is
" FX and CFDs are leveraged products that carry a high level of risk to your capital, with the possibility of losing significantly more than your initial investment. "
If we could make fear of forex being risky less minimal, concentrate more on money management, Trail stops,SL among other proper measurement to reduce the risks it would do us good in our trading results.
The Forex is not based in any one location. Trading markets are located worldwide and, due to time zone differences, trades can be made 24 hours a day, 5 days a week. That is why i prefer Forex then stock market.
No risk no gain. So according to my mind every business is risky. This can be forex, trading or market business. But you can minimize the risk if you know about the business condition well. Thank you!