The deeper understanding forex you have, the lower risk you will make. People think that Warren Buffett always takes high risk investment. However, he said "It's
not risk when I know what I'm doing" (I think his viewpoint can apply to
From my 2 week experiences (not too much) playing demo at www.fxdialogue.com, personally, I think that forex is a good way to earn money only if we know exactly what we are doing.
Right? The more we understand, the lower risk we have, and the better chance we
win. Forex also is good way to spend money (if someone has a lot) when
investing without knowing any thing about Forex. There are people who always
follow the "hot tips" or instruction of brokers without ever consider
to do "homework". No one care about your money as you do. As a
result, We must know what we try to invest, and start gain some real
experiences before we start a "big fight"
Forex is still kind of poker. You do risk management and you can't avoid the risk, but you get a return out of it, which is the money from an other party. At the end, you give you take you play and you're excited about it.
As Ho said, do your homework, but there's no fight :)