Its actually the risk that makes it attractive to most. This might sound stupid, but it is the risk the level of potential risk that allows for the level of potential reward. That being said, the most succesfull traders are those that employ a significant risk management system and aim for good profits over the longer term. Otherwise its like gambling…hit or miss…boom or bust.
Im not a gambler and have never been but from what I have seen in forex I think making profit is very real.
I think people get too impatient or underfund and therefore increase the risk just so they can quickly see the money flowing. I mean some people would start with $100, they put all the effort and see a few buck increase, what do they do? they then increase the risk to double their account quickly to make them feel they have done something, result = blown account. After all who would want to spend alot of time in front of the PC for a few $? I know I wouldnt. Too little return make you want to gamble.
Like someone said, it is a business, you cant become rich overnight with $100. I believe in putting enough money, reduce the risk, be patient and the money will come in time.
This is comming from a newbie 
There is more risk in forex trading compare to other trading. It is a good source of making money and some experienced trading much profit as well. Therefore most of the traders stay in forex trading.
Thanks for sharing your esteemed opinions friends, more replies are most welcome to help us make profits.
I need to correct, or at least clarify, some statements that have been made here. The forex market is not what makes forex trading risky. Forex is actually one of the lowest volatility markets available (see Looking at Volatility Across Markets). It’s not the market that is risky. It is the behavior of traders which makes forex trading risky. You can lose just as much money in stocks or any other market if you don’t manage risk properly.
This is a very old thread, but now that it’s been “bumped” …
Absolutely.
And it’s important to appreciate this.
The reason that the spot forex markets have become associated with “risky trading” [B][U]isn’t[/U][/B] about the forex market itself, at all: it’s about the gambling-oriented behaviour of many of the participants it attracts (some attracted by exaggerated advertising claims, ready availability of very high leverage, ease of opening very small accounts, eye-catching promotions by counterparty market-makers pretending to be “brokers” while actually trading against their own clients and using promotional methods specifically designed to attract those with a gambling mentality, and so on).
Este es un sitio web útil para su uso, si desea publicar aquí. 
Además, usted debe entender que la pregunta que está respondiendo se le preguntó hace más de 4 años! :o
Oh sorry … this is what I would say
I think if you do not know that the foreign exchange market can be very risky for you, that is, everything implies risk, we continue to make foreign exchange because it gives us money winning.
I go along with rhodytrader - the forex market is not inherently risky.
So there’s a puzzle in logic here - if a market is risky but the trader believes it is not, he will necessarily be taking an excessive risk.
So if the forex is not as risky as the trader believes it is, he will be taking a lower risk than justified. Where profit is the reward in proportion to risk, shouldn’t most traders be taking more risk and making more profit?
I like to accept challenges. Forex is risky and challenging business. With it we have to remain active ans planned every day . Forex keeps me away from laziness. I have to analyze market daily , see what is best time for me to enter in market. I can manage risk it is not a big issue For it I have to take reasonable low risk that will not tend me to high loss.
As funny as that sounds, it is the truth. But risk is like part of everything we do virtually. All we can do is learn to manage it and curb out a way to minimize it. The market is no different.
Greetings. The amount of leverage you apply plays an important role in the level of risk.
It’s risky if you don’t use smart money management, and if you don’t use a stop loss. So use a stop loss. It’ll tell you exactly how much you will lose if stopped out…so don’t risk too much. Also, when you win you have to win at LEAST 2:1. You do that, then it will “outweigh” your losses when getting stopped out.
Use a stop loss!
-Dr. Ninja
True, Forex trading is risky. As to why I’m still trading, it’s really quite simple – I enjoy it and I am getting better at it. I think. 
The market can be risky if you don’t know what you are doing or if you have a gambling nature The type of people who decide that they can make a significant amount of money in a short time is what leads to disaster and eventually people think that the market itself is risky and that is why we all lose. However this is not the case. With enough time spent on learning and gaining enough experience trading can become a routine in which the risk is set to minimum.
I don’t mind taking on some risk to achieve greater returns (than i’d get in a bank account)! But, if you are still bashing your head against a wall and losing time after time after time, you need to step back and reconsider.
Forex is not risky at all. The choice to enter a small lot size trade is always available. Culprit lies in each individual risk appetite.
The amount that an aspiring trader chooses to risk does not inherently affect that trading (of all terms) is a risky activity.
As a trader you do not know the outcome of each and every trade, this is clearly risk. The amount of your capital that you risk on this ‘bet’ is down to you and does not influence the market.
I disagree. There is a difference between someone who always utilise full margin in trading versus someone who always risk 1% margin.
In forex trading, either you are a profitable trader or not. Risk of losing varies from person to person.It is not the activity of trading that makes forex risky. it is the person doing the trading that determines whether forex trading is a risky activity at all.
It is like rock climbing with or without a safety line. The choice we make determine how risky the activity becomes.
And you think this makes Forex less risky? The only aspect that this changes is that of the traders profile, not the inherent risk of the FX markets?
It doesn’t matter if you risk everything on one trade or 0.01% of your equity on each trade - the risk is still present in the markets.
It is not the activity of trading that makes forex risky. it is the person doing the trading that determines whether forex trading is a risky activity at all.
This statement is totally misdirected - again the person trading an FX account does not change the fact that FX trading involves risk. Yes the person can try and mitigate risk by exposing an edge, however this edge is always built upon past performance. As we know, past performance does not have to repeat in real time.
And no, trading FX is certainly not like rock climbing