Is Forex Trading risky for girls ??
I would like to make money by forex trading as I have heard and read alot bout it nd I even know that there are software out there to automate the process.
But my main question is whether it is risky for girls to do forex marketing ????
PLease be precise nd clear nd Thanks to all 
)
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Tagged with: alot • girls • Marketing • money • nd thanks • process • software • trading
Filed under: Forex Software
Everyone would like to make money simply trading. Unless you study you are the fish and I am the shark because what one loses, the other wins in the forex market. Do not fall for scams. Inform yourself. Forex robots are scams for instance.
of course it’s risky, practice forex on those sites that have contests, if you are good you may win a prize……………………forex is really tough
doc_comm@yahoo.com
Good afternoon Soni,
As many of the other responses suggest you can mitigate the risks involved by conducted extended and ongoing research into the subject. Unlike one of the answers though, I would emphasize that this will never, ever remove the risks entirely. The currency markets are incredibly volatile, and as such risks are ever present and losses are an unfortunate but unavoidable element of FX trading. Do not allow anyone to tell you otherwise…
There is an abundance of educational content freely available online. Many of these resources provide an insight into such diverse considerations as Technical Analysis and the trading psychology. At the same time, you should ensure that the site providing the information has a strong reputation within the industry so that you can be sure that the information conveyed is accurate. I would suggest that you invest as much time as possible in reading through this content. My organisation, the Trader Management Company, offers a range of FX educational content through our website, and can be accessed at http://www.tradermanagement.com/trading-resources/forex-education-1/.
I hope that the above is of some use Soni. Please do let me know if I can be of any further assistance.
Yours sincerely,
Christopher Kelly
Forex trading does involve an element of risk but with careful money management and a mechanical, emotion-free trading strategy you can do well. It may take you a year or more to reach the level where trading a live account is safe but you can open demo accounts to practice with with no risk at all. There are also many free resources out there than can help you get the basics. Try the following:
http://www.profit-with-forex.com (free eBook and newsletter)
http://babypips.com (lots of free educational resources)
These are all I have used and am now consistently profitable after a year of trading.
It is no more risky for girls than for boys. However, it does help to try and be as emotionless as possible regarding the outcome. If you want to get started quickly and don’t want to have to learn too much beforehand, you might try a forex robot. They trade for you. Some are better than others. Check my sources for one that I think is pretty good.