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How safe is investment in forex?

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In my opinion Forex does not fall into the realm of investments. It is in the realm of speculation. And speculations are NOT safe. Actually, investments are not safe either. Some such as CDs and T-bills are safer than others such as investments in stocks but they all have risk. 

Taking a currency position in the Forex is a speculation that that currency is going to perform better or worse than other currencies. If you speculate incorrectly, you can loose big.

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