Risk notification.

One of the reasons for forex trader bankruptcy is inattention and a rather superficial approach to trading. When exploring the website of any dealing center, you'll inevitably encounter the term "Risk Disclosure." This page is mandatory reading. A

forex risk disclosure includes a set of rules for exchange trading and warns traders of potential issues that could lead to financial losses.

Sometimes reading this document can completely discourage trading, but it's worth reading anyway. A link to the "Risk Disclosure" is usually located at the bottom of the broker's website.

Typically, it contains the following subsections:

1. Description of the leverage effect - a warning that by increasing the amount of leverage, you correspondingly increase the risk of losing your money as a result of currency fluctuations.

2. Technical risks - you will be warned that dealing centers are not responsible for any equipment failures and no one will compensate for losses.

3. Trading platform - rules for executing orders in the trader's trading terminal and a description of cases when they may be rejected.

4. Communication failure - if you were sent an email or message, but you did not receive it and as a result incurred losses, again, you will be to blame.

5. Force majeure - if an earthquake or flood occurs, or a plane crashes on the company's office, no one will ever return your money.

6. Legislation - if trading in certain financial instruments is prohibited in your country, you are solely responsible before the law.

In addition to the points listed above, the Risk Disclosure may include other aspects. The facts presented in this document are sometimes true, but they don't prevent me from making money on Forex.

You simply need to be more careful and cautious, avoid excessive risk, and be prepared for various unexpected events—and then move on to Forex trading .