Reduce your trading risk!

Oct 16, 2016 at 10:22
31 Replies
Member Since Oct 31, 2016   36 posts
Feb 28, 2017 at 22:31
I agree. However you have to take huge risks to reap big profits. In Forex, taking minimal risks while finding a good profitability is the basic way, successful traders start with in trading. Forex Trading with Controllable Risk and Risk Can Be Reduced by Knowledge.
Member Since Dec 06, 2016   37 posts
Mar 01, 2017 at 03:11
They knew that the real risk during Forex trading lies in not fully understanding the currency before jumping into this money. It is up to the investor to exercise their skills and diligence to control the risks of foreign exchange transactions
Member Since Feb 11, 2011   1916 posts
Mar 01, 2017 at 07:14
low risk taking winning is a tough thing with a sound strategy, imagine with an average one
Member Since Dec 08, 2016   10 posts
Mar 01, 2017 at 07:22
I think one of the methods to minimize the risk of forex trading is through an adequate money management by apportioning your trade. Your trading capital should not be an amount you can not afford to lose.
Member Since Feb 02, 2017   32 posts
Mar 07, 2017 at 08:15
Risk should always be managed and losses should always be minimized. One way to manage risk is to know when to ext from a trade if the market is moving against you and you feel higher risk than initially when you entered the trade. Of course you can always reenter the trade but foremost thing for a trader is to manage his risk.
Member Since Feb 12, 2016   522 posts
Mar 07, 2017 at 09:30
alessanFX posted:
I think one of the methods to minimize the risk of forex trading is through an adequate money management by apportioning your trade. Your trading capital should not be an amount you can not afford to lose.

This is correct and very well said. Good money management, and control over the risk during trades + very important the amount of money that you are ready to lose. This does not mean the money have to be lose :)
Member Since Oct 09, 2016   15 posts
Mar 26, 2017 at 07:12
In the currency market, proper risk management is of prime importance since leverage can take you to both ends of the rope ... profits or losses. You may find that your earnings are accelerating, but very few people pay attention to the fact that their losses are accelerated in the same way by the leverage that both attracted them at first.
Member Since Oct 12, 2016   12 posts
Mar 26, 2017 at 07:28
The main risk of the forex is leverage. Leverage multiplies my earnings, but if the market goes in the opposite direction to where I think (which will happen very frequently), my losses will also multiply. In fact, there are so many people who lose their investment. Forex is very risky, and to lower the risk there are two options:

He must have MUCH experience in technical investment analysis to operate it leveraged or
I must operate on my own resources without leverage. So you should have about $ 10,000 and be willing to invest them. Even so, you run the risk of losing money if you do not have experience.
Member Since Oct 19, 2016   8 posts
Mar 26, 2017 at 07:31
When experimenting with different percentages of your account, you will find what works for you ... Test and error. You will be amazed at the benefits you can get with the slightest amount of risk placed. If you learn to operate properly, the profits will come. But you have to be able to stay in the game long enough to get to that point.
Member Since Oct 21, 2016   9 posts
Mar 26, 2017 at 07:32
The best way to assess how much risk is appropriate in each particular operation is to try to perceive its psychological reaction in performing these operations. Look carefully at their behavior, their feelings and their thoughts about the hypothetical situations of prices varying to different levels.
Member Since Apr 18, 2017   45 posts
May 15, 2017 at 14:55
That’s really true, maximum retail Forex traders are losing their money here since they are not careful enough on money management as well as risk management policies! Whatever, I worked hard in my demo on sentimental analysis, as a result now I don’t need to work on MM and RM policies, I just follow my previous trading plan including risk reward ratios!
Member Since Sep 12, 2015   1948 posts
May 15, 2017 at 16:26
I use 1% risk on 95% of my trades, being stopped out is fine because my loss is small but my gains cover, I cant control the direction but can control my risk.
"They mistook leverage with genius".
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