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Risk management is indeed the best
Feb 28, 2021 at 06:52
Member Since Jul 19, 2020
751 posts
Risk management is indeed the best thing for the newbie trader as well as the advance ,this help seal so many leakage that may easily arise from our trade and I do hope that forex trading can be managed properly through this means too and this is what the expert trader get first.
Member Since Jul 23, 2020
759 posts
Member Since Jun 29, 2020
26 posts
Mar 10, 2021 at 11:23
Member Since Jun 29, 2020
26 posts
robindude posted:Risk management is good but you need to stick to your decisions. Else there is no point of making plans for managing your risks.
I should you should add some pointers about risk management on why and how is it useful for new traders.
Mar 10, 2021 at 11:30
Member Since May 11, 2020
74 posts
Freddraven posted:I think he is asking that OP to post some bulletin points on why risk management is usefulrobindude posted:Risk management is good but you need to stick to your decisions. Else there is no point of making plans for managing your risks.
I should you should add some pointers about risk management on why and how is it useful for new traders.
Member Since Jul 06, 2020
28 posts
Mar 10, 2021 at 13:06
Member Since Jul 06, 2020
28 posts
Freddraven posted:I don’t think so that one needs a list of pointers. If a person is trading, he himself will know that if he is dedicated and is ready in taking risks, and for that, he will be needing to manage them in order to keep their profits consistent.robindude posted:Risk management is good but you need to stick to your decisions. Else there is no point of making plans for managing your risks.
I should you should add some pointers about risk management on why and how is it useful for new traders.
Member Since Jul 23, 2020
869 posts
Mar 10, 2021 at 15:02
Member Since Jul 23, 2020
869 posts
Freddraven posted:Risk management can ensure your survival in the market as we know it is a risky market.robindude posted:Risk management is good but you need to stick to your decisions. Else there is no point of making plans for managing your risks.
I should you should add some pointers about risk management on why and how is it useful for new traders.
Member Since Jun 29, 2020
26 posts
Mar 11, 2021 at 11:15
Member Since Jun 29, 2020
26 posts
Coreyarren posted:One thing a newbie should always keep in his or her mind is that to manage their maximum risks, they should never ignore demo trading because if you directly start trading, the risks of losing money are very high. And demo trading should also be through a genuine broker. With a demo account you can trade through so many brokers without even depositing any money. You can use that 2% strategy where you cannot risk more than 2%. I trade with Turnkeyforex and keep on demo trading with other brokers to have the maximum profits but till now I found Oanda to be a good choice after Turnkeyforex in context to commissions and spreads.Freddraven posted:I don’t think so that one needs a list of pointers. If a person is trading, he himself will know that if he is dedicated and is ready in taking risks, and for that, he will be needing to manage them in order to keep their profits consistent.robindude posted:Risk management is good but you need to stick to your decisions. Else there is no point of making plans for managing your risks.
I should you should add some pointers about risk management on why and how is it useful for new traders.
Member Since Dec 17, 2020
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Member Since Jan 08, 2021
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Member Since Mar 17, 2021
536 posts
Apr 05, 2021 at 11:00
Member Since Mar 17, 2021
536 posts
marcellamcguire posted:I completely agree with you. Risk management is very much important to make money from this market.
Risk management is the backbone of having a good trade. Every trader should focus on both money and risk management.
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