Is Forex reliable?

True, it's very subjective. How do you personally feel about it?

Is Forex reliable? Yes, but it's also very risky. You need to plan your strategy, your goals and follow it every day.

"Reliable" might be relative. I was trading for a longer timer in indices like DAX and DOW and in comparison Forex is even more reliable. Like other wrote about risk - the market itself is always risky. If you see the statistics over 80% loose money ... that's a lot. It's not because the market is the risk for itself but I noticed that you can use a system (which is good for some trader) and loose all your money. I've had this issue and noticed that it's not the system itself. You should play the rules. Everyone want to see a signal but later the candle changes and you stop and maybe change your mind as well. Be careful with this - skip a trade is better and trade often. Try to limit your trades to "some" trades.

you added a nice point which was goal , but the main problem we generally fix our trading goal emotionally for that reason it not works practically when trading in live.

actually there is no task and business which is completely risk-free , just you have to know how to manage risk when trading in a real account.

Forex is a reliable business and you can make a good profit with it. But before the start, you must learn it because without knowledge and skills it will be difficult for you to survive in Forex trading.

good suggestion, try to learn from your own mistake that you have done last time , its a great source to come out losses from all.

Trading and investing involves high risk certainly. Forex being a leveraged product can enable you to earn high profits, but the loses can be multiplied too. Without proper knowledge and discipline, you might drown yourself with all savings lost.
The positive part is that you can use a demo account without putting your savings at risk and study how the market moves .Try to make predictions with the virtual money being provided. It is recommended to use a demo account for atleast 6 months before you jump into the real world of trading.

I agree. Some people jump to a live account earlier than that but I'd like to see the results of a proper survey that show how well people do in the long term depending on how long they trade on a demo account.

the traders who skip demo account and jump into a live account , at the end of the day of course will be loser , because knowledge is everything in there and demo is the master place for acquiring good knowledge and experience as a newcomer.

Are there many traders who skip demo altogether? That does not seem like a prudent idea and most people have common sense.

It is reliable if we have proper strategy and method. But if we go ahead with random approach, it is not going to work in our favor. Forex is a business and it is profitable that way. If you try to gamble it then you are most likely to fall into wrong zone. So decision is yours.

It is not a wise idea to skip demo. It is very essential no matter what you want to spin around it. It helps your trading strategy and style.

True. Higher the risk, higher the profit.

when someone asked me about this topic , i clearly say actually there is no business platform reliable until you reliable , that means your habit should be more positive that make you best in trading and others issue. so make yourself by yourself . good luck

Yes, forex is reliable. My experience has been good so far.

That will all depend on how you see it and how you trade.

If you are a beginner and is starting this off as a full time career, then it might not be reliable. Good to start off as a part-time trader first.

I agree. The unfortunate truth is, it's not very reliable even for people who have traded for years.

I guess that's just how the dynamics work in the world. Trading never comes with 100% certainty.

The exchange is not a lottery. Rather, it can be compared to a regular market, but it is not fruits and vegetables that are traded here, but securities, raw materials and currency. The value of assets traded on the exchange changes depending on supply and demand. The difference in asset value - selling more expensive and buying cheaper - is what bidders earn.
All operations at the exchange are transparent, and the result of trading depends only on the actions of an investor. Of course, exchange trading also means readiness to take risks, but it is up to the investor to decide what level of risk he is ready for. The lower is the risk, the lower is the income, but the probability to lose part of the investment is also lower.
As a rule, low-risk stock exchange assets are bonds, "reliable" currencies - dollars, francs - and precious metals. Investments in stocks are considered more risky: they are more dependent on market fluctuations, which are not always easy to predict.
In addition, money can be distributed among instruments with different levels of risk. Also, investments can be diversified - distributed so that the growth of one asset compensates for the fall of another.
Access to trading is provided by an intermediary - a brokerage company. The broker executes your orders and gets a percentage for it. In addition, good brokers will help you to be trained to work with securities, give advice and offer services that will make your investment easier. And they'll certainly not misappropriate your money.
You'll have to make your own conclusions...