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Question: Is it safe to invest in forex trade?

(Posted by: mani v on 2010-01-15 07:19:08)

Is it safer way to invest in forex trade to get best returns?

Posted by: Zulfi on 2010-01-15, 07:23:41

What is forex trade dear email me plz i wanna know it what is it

Posted by: muncie birder on 2010-01-15, 07:46:54

There are only a few investments (speculations) that are less safe. Commodities might be one.

Posted by: D.D on 2010-01-15, 11:58:57

With the right tools, it is fine.........check out premiere trade

Posted by: jayesh on 2010-01-15, 12:40:16

If you want safe invest more than trade invest in lic of india unit linked plans -tax free-income-with life insurance jay-9421423034

Posted by: PK on 2010-01-15, 17:40:53

Forex trade is educated guesswork. You need to have a lot of knowledge about the world economy. based on the knowledge you need to make guesses about the movement of the different currency. So there is fair amount of risk.

Posted by: Noak on 2010-01-16, 06:03:30

It is very risky. Just like gambling.

Posted by: thaios on 2010-01-16, 06:44:42

To make money from forex you need to invest enough money and go for little to make it safe. For example;if you invest $10000 and you open a trading account in which you ll get $1.00 / pip you ll be able to open 2 "buy " positions (but no more) in EUR/ USD when the pair is in its lows.So if you would open two trades today,the positions would have a stop loss at around 0.8380 wich is a 5000 pips away from loosing your position and these limits are very much unlike to be reached.From the other hand you could make around $400 or more from each position when the pair climbs to its highs.

Posted by: ForexFoxy on 2010-01-16, 08:45:58

I have a few valuable forex trading web sites, in particular some of them relate to the issues of avoiding scams in this field. Many people have lost their money to get this information and you can get it without any damages to your budget. But I would not like sharing this information here lest it does not look like advertising these web sites. It would be better, if I send you these websites by email. So my email is forexsmarty@yahoo.com. If you are really interested in this information, I will be always glad to help you.

Posted by: forex expert on 2010-01-17, 05:02:33

Yes if u have good knowledge and have good trading strategies

Posted by: JHall on 2010-01-18, 04:38:37

Is it safe to invest in forex? Yes. But, its a very high risk. You can definitely make good money in it but its not for the week of heart. You really need to study up on it before you jump in. I've been dabbling lightly with it the past few months and its not going to bad but I cant bring myself to invest too much into it yet. I'm make decent secondary income though. If you're interested in learning the ropes of forex there's tons of information on the internet. I used forexmarketsuccess.com to get me started. Hope this helps! good luck!

Posted by: ProudMaritian on 2010-01-18, 06:56:27

There is always risk whatever you do in life. Even while crossing a road, there is a risk in getting hit by a speading car that appears suddenly. To reduce that risk, you first look left and right and only then cross that road. The same thing applies in forex. If you learn how to manage your risk, forex will become safe. If you don't, you will soon lose all your capital in the account. Only way to manage risk in forex trading is to use a stop loss whenever you trade. Before entering any trade you calculate the reward to risk ratio. For example, you expect to make 50 pips in a trade. 1 pip is equal to $10. So you expect to make $500. You are prepared to lose 20 pips or $200. So your reward to risk ratio is 50/ 20= 2.5. Not bad. Good traders don't trade when the reward to risk ratio is less than 2. When you will learn forex trading, you will find out how to calculate the reward to risk ratio before entering in a trade. With a reward to risk ratio of 2:1, you will be making more money than losing. Even experienced traders lose trades. So the trick lies in winning more than losing so that you make more money as compared to losing.

Posted by: ram on 2010-01-19, 01:59:34

Without knowing dont enter forex......... it is much risky