LESSON 4. What are the risks?
Before we go any further, let’s speak a bit more about the risks.
Forex trading is very risky. Forex should be traded with only risk capital, which is investor speak for money you truly can afford to lose.
At the same time, there is no need to be afraid of the risk. As trader, you have to take reasonable risk, which is exceeded by potential reward, and make efforts to decrease risk.
We will talk about these efforts in the final, seventh part of our course.