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Forex Market Risk


By Nickolay Bokhonok - August 15, 2010

If you are a Forex beginner then there are a lot of things for you to learn and understand in order to succeed in this sphere and one of the most important aspects is Forex market risk understanding. But the truth is that there are too many people who don't pay enough attention to this issue and as a result they lose it all. If you don't want to become one of them, then this article is just for you because here you will find out about major Forex market risk factors. So, they are:

Factor 1. Market Risk -

It goes without saying that if you are dealing with Forex trading, you have already seen a lot of currency trading guidelines, tips, reviews and recommendations on a number of sites. Well, don't hurry to use them all. Why? Just think about it yourself. Who would share with you the secrets of becoming wealthy for free? Don't be naive! Of course, I am not telling you to stop reading and considering advices because some of them might be helpful indeed. What I am trying to say is that it should be always you who makes the final decision.

Factor 2. Broker Risk -

Your broker gets a fee whether you win or lose. Simply speaking he/she doesn't really care about the results you get. The biggest thing that matters to them is your spreads - the bigger they are, the better the situation is for your broker.

Factor 3. "Myself-Factor" -

I know this might sound weird to you, but self-risk is a really crucial and dangerous one. Keep in mind that emotions are your number one enemy when you are dealing with the currency trading market. So, no matter what happens, no matter what advice you get from people who surround you, just stay calm and follow your basic Forex rules and you will manage to succeed and achieve your goal.




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