Hello everyone! I have a question about the risks and opportunities in the foreign exchange market. You know, I've recently become interested in Forex trading. But here's what confuses me: when I was just starting out, I read the story of a trader who ended up losing his entire savings because he didn't learn the risks. On the other hand, my friend always says that the right approach can bring good results. What do you think is more important - managing risks or looking for opportunities?

I understand what you are talking about. I also experienced similar moments when I was just starting out. It is important to remember that even the most experienced traders face risks. In order to minimize losses, it is worth considering money management strategies. By the way, I read an interesting analysis on this topic that may help: https://roboforex.com/beginners/analytics/forex-forecast/currencies/eurusd-forecast-and-prediction/ . I had a situation when I did not follow the news and lost on a trade, but then I learned to analyze the market better and now I feel more confident.

Hello, I'm just following the discussion and it seems to me that investing is always an interesting, albeit risky, path. I've heard that many people start with small amounts so as not to worry too much about possible losses. It is important that everyone has their own approach and understanding of what they are doing. Good luck to everyone who is good at it! Maybe someday I will try it myself.