What are the risks of investing in Forex trading?

in #forex6 years ago

Thanks for A2A,
1.In terms of money, you may lose all your investment. This chance is called the 90 90 90 rule and here’s how it is interpreted: “90% of traders lose 90% of their capital within 90 days”.
In the long term, around 4% survive in this market and make money; 4% of that 4% make average money, and 4% of that 4% of average money make huge money.

7.PNG

2.Since you ask, most of you will not come from full-time trading but get to know Forex through broker marketing, so you will have to learn it from the beginning. To learn anything, it will cost you:
a. Time
b. Opportunities cost
c. Dedication
d. Concentration
e. Money for book, course, class, as well as demo, investments and losses to have experience...
3.If you successfully go through those 2 above and get into the 4%, you will lose your job as a worker (if you wish to) and join self-trade, full-time trader or home trader – whatever you may call it – and become responsible for your financial situation. It is much more stressful than a daily 9 to 5 job in that your performance sometimes does not relate to your contribution.

Regards,
Will Vu - Forex Investors since 2006

If you see my post interesting, please let me know. Thanks!

Sort:  

I lost some money a long time ago when trading without decent knowledge in Forex. Mostly because I didn't invest my time in studying the foundations and the key fundamentals. Time passes, now I'm trading Crypto, but the old day nightmare still haunts me, especially the midnight-margin call :(

Hi @attoan.cmt ,

Yes, trading is never been an easy pass.

Keep trying and you will eventually find the way

Huyen

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.030
BTC 58559.96
ETH 3156.41
USDT 1.00
SBD 2.44