Can you invest 100% of your account in forex?

[Potuse]

I've seen so many people trust forex investment to the extent that they would invest all their money in forex and I think it is not good to invest all your account in risk investment like Forex. The standard is to invest 2% of your account in forex. What's your take?

 

[Billy]

True. That is risky! You have to be aware of the amount of money you are risking every time you trade. Personally, i don't risk more than 2%. For example, if you have $10,000 in your account, you don’t risk more than $200 on each trade. This way, you can survive a few bad trades without losing all your money.

Well, some traders are more confident or experienced and can take more risk. Some traders are more cautious or conservative and prefer less risk. The main thing is to find a balance that matches your trading style and personality.

 

[Planbizzle]

Before making any investment decisions, it's crucial to conduct your own study and speak with a financial advisor. However, putting all of your money into forex trading is a risk and can result in substantial losses. In order to reduce risk, diversification is typically regarded as a smart approach in investing.