Forex Trading: Profitable or Risky?

Forex trading has become very popular in recent times as a way of making money on the side using extra funds. In fact, a few people have even been able to turn their Forex trading activities into a regular source of income. When you play on the Forex market, you are running a risk, but you are doing so because Forex trading offers you an opportunity to make a good profit. It is not for everyone, and certainly not for people who are risk-averse and very cautious about money. It also requires a person who is willing to do the work of studying the market, because being able to read the market trends is crucial in making a profit out of Forex trading.