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Is there a way to eliminate risk fully?


alam3636

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Risk cannot be eliminated, because it is the heart of forex itself and you must to think to lower it by avoid it. I know focusing ourselves into how to make profit by doing analysis is a good idea but risk management which lowering the risk is important and tied closely to make profit by doing analysis, you can't separate it.

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  • 3 weeks later...

You said it by yourself, we cannot eliminate the risk but you don't have to avoid it just manage it. You know money management isn't it? That is the key, by manage the money you also manage the risk and it means you can lowering the risk and more confident to the next "battle". Even if you lose, later you can recover your capital.

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  • 2 weeks later...

Forex is high risk, no matter how great our trading skills, then we need to have good risk management. Prices can not be predicted well, therefore, with good risk management so we will be able to minimize the risks in forex so that  our account will be saved from mc

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@gaban: Yes, this is why people trying to manage the risk as the best as they can. Price still can be predicted but the uncertainity still exist, and this is just not happen in forex but also in the other businesses. I don't see any way to eliminate the risk. To be simple, FX is risk and risk is FX.

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We can minimize risk manage it well with our struggle and experience but not eliminate risk fully from forex trading . Risk is involved in every position we open for trading. It is trader's ability how he adjust trading according to market conditions. However it is advised to take low risk in start until you are not good to manage it.

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If forex risk can be eliminated then i would be the first people who can try it, simply doesn't let your emotions overwhelm you doesn't mean forex risk will be eliminated fully, it will be always exist no matter what. Remember we are just small chunk of traders in this big business.

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forex risk is very large with a growing risk of forex then we need to be able to have good risk management that will allow us to trade with the maximum. for that we need to always use the SL and TP as to minimize the risk of forex trading well

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Since forex has big risk that is why we need to be careful with it, also because of foreign exchange market's potential which is very big thatn other business, that risk will be always exist and persist. The best way is actually never trying to eliminate but reduce the risk itself. With lower risk you can trade better and earn better while exposed to less risk.

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Risk can not be eliminated from forex trading. We mus maximize our trading skills if we want to get more maximal result in forex. Money managemnet can be used to minimize the risk and try to use small amount to learn manage our money. If we can make our small amount increase, it means our skills is good.
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Get rid risk in forex is impossible since forex is incarnation of risk itself. Its main nature which make people like us struggling but we can reduce or to say manage that risk. I suggest don't bother with something like eliminate the risk, just focus on your trading and minimize unecessary risk as you can.

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To eliminate risk in forex is to make forex a unprofitable business, low level volatility business. Well this is impossible. Risk is inherent nature of forex itself. As you know up to 90% of forex player is speculators, means 90% of those components actively or passively trying to make profit by doing speculation and thus this one which makes forex riskier rather than other kind of business say mutual funds.

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  • 3 weeks later...
 

LOL forex is always be risky and risky business will become a less attractive or even a non attractive business if you trying to eliminate the risk fully. You won't earn big in forex if someone can eliminate the risk fully, it will be a low income business where you cannot get much per year even.

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  • 2 weeks later...

 

 
LOL forex is always be risky and risky business will become a less attractive or even a non attractive business if you trying to eliminate the risk fully. You won't earn big in forex if someone can eliminate the risk fully, it will be a low income business where you cannot get much per year even.

 

 

Then we should focus more on minimizing the risks of this business than focusing ourselves on gaining some profits. Managing the risks should be the first priority.

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NO, NO, NO. Forex is risk itself, it is the incarnation of risk, forex become so popular and thus become more lucrative because of high risk it possess. Logically, by eliminate the risk fully in forex you will make forex as less attractive business, you won't make it as the business you see today.

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  • 1 month later...

NO, NO, NO. Forex is risk itself, it is the incarnation of risk, forex become so popular and thus become more lucrative because of high risk it possess. Logically, by eliminate the risk fully in forex you will make forex as less attractive business, you won't make it as the business you see today.

 

Forex is a business that has a high risk, therefore, to succeed in forex we need to minimize the risk properly. We can not eliminate risk, we are only able to minimize risk by trying to trade with always use SL and TP  when trading

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When talking about forex risk is risk so we just need to work out things from here and ensure that our risk dont affect our trade forex is never an easy business but the business which is for the serious minded individual if you are not ready then dont expect anything

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I think every business has its own risk, low to high just as indication if that business is risky enough or not that worthy to put your money, by the way eliminte the risk in business such as forex is nonsense even if that is possible it won't mke forex profitable anymore, it will be no risk low income business.

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It is right, some people start to realize that there is no way to eliminate the risk inside of foreign exchange's body. FX would be always a risky and business with high profitability, this is why people jump into this business and trying to make much more fortune. If fx is not risky i am sure that fx wouldn't be a profitable job for trader, it would be average or even have low return.

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No risk no gain in forex business, if anyone they want to making profit from trading they must open trades and this is mean they already take the risk because want to gain, and as trader also still need patience to waiting because after open trades they still need to waiting price move to their favour to hit target profit

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