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The time now is 10/27/08 - 13:23

Can I lose everything when trading the forex?


RealCool.BIZ Forum Index -> Investments & Trading -> Foreign Exchanges - Forex

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linoel
Apprentice


Joined: 26 Feb 2006
Posts: 4



PostPosted: 07/15/08 - 08:21    Post subject: Reply with quote

I have recently been looking to start with investments. I have accumulated fair amount of assets and I have looking into the most efficient way to invest. I am new at trade and I would like to know can I lose everything when trading the Forex. Thanks in advance for your help. Any info will do and really mean a lot.
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sumner
Apprentice


Joined: 13 Apr 2004
Posts: 5



PostPosted: 08/13/08 - 23:03    Post subject: Reply with quote

Any investment carries with it a risk in part. That is why you need to make sure everything goes as you plan, and that you make a good plan. Still, many people make losses all the same usually because of the lack of preparation, practice and patience. These three are most important and without it, failure is inevitable. You can lose everything depending on how bad strategy you choose and how much you invest. You should be careful, and I suggest going to http://forexdb.blogspot.com/2007/04/
how-to-loose-everything-worst-forex.html for some more info.
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