Forex trading is considered a high risk derivative. There are people who take classes to learn how to trade, yet a 100% rate of success is not fully guaranteed.

What makes Forex so risky?
Unlike stocks, you cannot really queue for a desired price. In order to get into a trade, you have to pay a slight premium be it a Long or a Short. In other words, you are already making a loss by entering a trade. (similar to brokerage fees)
In order to make it big, we need high leverage to secure good profits. Thus, losses will be at the same time well amplified.
It is highly volatile since it is trading off 24 hours (from Sunday 5PM EST till Friday 4 p.m. EST). This is also because currencies are highly demanded in the world’s businesses.

So what can we do if we are …