Forex Basics

By TechGuy - November 20, 2017


How risky is Forex trading?
While Forex trading is risky, the risk can be minimized through the use of various controls you can put in place. For example, through setting a stop loss, you ensure that you cannot lose more than the amount you decide to risk on a trade (also called your ‘margin’). In this way, your loss is capped while your potential profit is unlimited. You are strongly advised never to risk more than you can afford to lose. We also advise you to start with an investment that is comfortable for you and to continue to educate yourself as your interest in trading increases.

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