Build your professional network on facebook via our app Go to app
 
 
Posted in Community :

Trading in Forex

 
Started by : Vikram Kashyap, Sr. Associate, ABN Amro   09 22 2008 16:25:18 +0000
Industry : Equity Research/AnalyticsFunctional Area : Derivatives(Markets)
Activity:  35 views;  last activity : 10 06 2010 10:12:53 +0000

Forex: To trade, or not to trade? Many are reluctant to involve in Forex trading because of its ‘risks’. There are risks everywhere. The important issue here is how you learn and maintain your risk. So if you are considering participating in Forex market, you should learn managing the risk involved. Share your ideas in the light of the above point.

 
Share
 
 
  Rate : 
 
 
 
 
  1 1 0 0
 
 
 
 
 
 
 
 
 
 
 
1 2 3 4
1 Picking up the right Forex dealer
2 Stop loss order
3 Avoid too high margin trade
4 Learn Forex (Currency) Trading

Picking up the right Forex dealer

idea posted by Vikram Kashyap Sr. Associate, ABN Amro

One of the best methods to avoid unnecessary risks is avoid fraud dealer. You need to select a right Forex dealer to avoid scams. There may be Forex dealers that are not regulated legally and there maybe investment scams, especially on the Internet. Be very careful on who you are dealing with in Forex and always check cautiously on the investment offer. I know many people who have been cheated by fraud dealers. So beware.

 

1
No supporting Arguments for this idea
Add your argument:

Stop loss order

idea posted by Sandip Gunjal Sr. Associate, Irevna

Always be prepared for unexpected losses. The Forex market could move against you. No one can predict with certainty which way exchange rates will go, and the Forex market is volatile. To avoid losing all of your investment capital, you should have a pre-arrangement on your risk profile. A solid risk profile will limit the Forex dealer not to overtake risk that you cannot handle.

1
2
  

“Protect Yourself First, and Then Make Money Second: Key is to minimise the amount of money you lose on a bad trade.

Add your argument:

Avoid too high margin trade

idea posted by Gaurav Chhabra Sr. Associate, HDFC Bank

According to me, there is another way to manage your risks well in Forex market is to trade without overleveraged. Forex dealers want you to trade with high leverage values as this means more spread income for them. Also, trading in high leverage may increase your profit or your losing. There are high possibilities that one loses money more than he or she can afford in margin trading.

0
No supporting Arguments for this idea
Add your argument:

Learn Forex (Currency) Trading

idea posted by Vaibhav Rastogi Director, A2Z Forex

Anyone can do Forex Trading

No Qualification required

No English Knowledge required

No Mathematic knowledge required

No Advance computer knowledge required

No Share Trading Knowledge required

Start trading immediately

From basics to advance level

Fundamentals and Technicals

Get Technical Analysis Book worth Rs.3K absolutely FREE

Very Useful for Beginners

Very user friendly training

For Registration Contact:

Mobile: 09810319828

Email: fxvaibhav@gmail.com

To download the registration form, Click here

Frequency: Daily Workshops

Time: 10:00am - 6:00pm

Location: New Delhi, India

Note: Special requests for arranging event in your city will also be entertained.

0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...
Could not find any idea interesting in: "Understanding risks in Forex trading" ? Click here to add a new idea...

Found the idea contest "Understanding risks in Forex trading"  interesting ?  Click here to refer to your connections and communities
Post Your Resume Now !
Occupancy Accounting - CA, Bangalore
Assistant Manager - Market Research, Bangalore
Teppanyaki/Sushi Chef, Bangalore
Viewers also viewed
Liquidity issues can interrupt hedging strategies and other risk management techniques. How do...
 
0 referals 3 answers, 457 views
trade4target services offering nifty option tips, trading tips, stock tips, share tips in mumbai...
2 referals 1 comments, 10 views
We all know that India has too many people and this is bad for our economic well-being . Mention...
 
608 referals 25 arguments, 4897 views
more...  
Recent Knowledge (4)
When we are watching news channels or any other channel or reading news papers you bump upon...
 
2022 referals 11 votes, 200 views
 
202 referals 3 votes, 125 views
more...  
More From Author
Is India really a developing country?
Due to the asset registration the trustee of SIP's return customer name assets to their owners prior to prior to pro rata distribution process. This actually gives safety to customers because their name has been withdrawn initially.
To increase the liquidity in the market, these rates needs to be cut down.
more...