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Is it safe to do Forex trading??? How volatile can the market be and what are the safeguards one has to take .?
February 8, 2010 on 8:47 am | By advertising | In marketing |Related posts:
- What is forex trading? how does it differ from normal stock market trading?
- This volatile market has killed my portfolio, how can I make money trading stocks online?
- What is the best forex trading strategies books for a beginner to start learning the market?
- In forex market,i am concentrating on the eur/usd…could any body give me useful advices for useful strategy?
- Dow, NASDAQ, crude oil, gold and commodities market are very volatile ?
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No, it is not safe. It is highly specualtive.
Comment by jlf — February 8, 2010 #
Dude, if you do not have any expirience, try this: http://usdbotdownload.com/
I do not have any skills at forex and this help me and do some work to me
Comment by Njknk — February 8, 2010 #
Forex leverage is a two-edged sword. While it may be true that leverage makes forex a truly lucrative investment option since it would give you control of money 100 times your investment, it can multiply or diminish your capital a hundredfold depending on whether you entered a correct position.
With that said, forex trading is safe if you know how to apply capital management to your trading. Even if the markets become volatile, a properly managed account with safeguards in its capital exposure should be safe with the relative volatility of the currency prices.
Comment by Blue FX — February 8, 2010 #