is Alibaba.com a safe site to trade with?

Question

this website where u can find lot of companies of all domains and u can have a commercial contact with clients and companies too posting buying leads and make orders

we recieve lot of offres and orders as well

but is safe enough is it safe to start a buisness buying or selling through this site

coz there r lot of scams everywhere

wat do u see

berrytreemadeeasy.com · Accepted Answer

Alibaba has a reputation system similar to e-bays, be sure to correspond with the seller before, either online or even by phone, The sellers are overseas to you might want to get Skype to make cheap calls.

bortzer · Answer

there is often probability however you do in life. Even together as crossing a highway, there's a probability in getting hit by using a speading motor vehicle that seems without notice. to decrease that probability, you first seem left and staggering and easily then go that highway. the comparable subject applies in foreign places money. in case you the best thank you to administration your probability, foreign places money will grow to be secure. in case you do no longer, you will quickly lose all your capital interior the account. merely thank you to administration probability in foreign places money procuring and advertising is to apply a quit loss everytime you commerce. earlier entering any commerce you calculate the advantages to probability ratio. working example, you anticipate to make 50 pips in a commerce. a million pip is comparable to $10. so which you anticipate to make $500. you're waiting to lose 20 pips or $2 hundred. So your reward to probability ratio is 50/20=2.5. no longer undesirable. reliable investors do no longer commerce whilst the advantages to probability ratio is decrease than 2. once you will learn foreign places money procuring and advertising, you will discover out the thank you to calculate the advantages to probability ratio earlier entering in a commerce. With a reward to probability ratio of two:a million, you would be making greater money than dropping. Even experienced investors lose trades. So the trick lies in triumphing greater effective than dropping so as which you're making greater earnings assessment to dropping.

is Alibaba.com a safe site to trade with?

Answers