#firstdealofthenewyearFateema * Volatility: Currency values can fluctuate rapidly due to economic, political, and social factors. This volatility can lead to significant losses for inexperienced traders. * Leverage: While leverage can increase potential profits, it also magnifies potential losses. Traders need to understand and manage leverage carefully. * Complexity: Forex trading involves complex concepts and strategies that require knowledge and experience. It's not a get-rich-quick scheme and should be approached with caution.