Starting any new business involves risk. The number of new businesses that fail to make it after their first year is over 60 %. (source: Harvard Business school study). Unofficial numbers run as high as 70% and higher. Suffice to say that it is accepted and common knowledge that most new businesses fail. In my opinion the main reason for these startling numbers is that most businesses are undercapitalized and lack of funds inevitably leads to business failure. However, it seems that forex trading gets an unfair rap in this regard. There is risk involved in all new business ventures, and online trading is a business like any other. And I believe the reasons in the online trading industry arn’t very different to others, ie. lack of funds and undercapitalized. Having said that, I still believe that forex trading is the ultimate business opportunity because of the huge upside potential compared to most conventional businesses.
FXtrademark: Is currency trading riskier than other businesses?
