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Risk and Forex
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Mohammadi

Member Since Aug 11, 2017  550 posts Mohammadi Jan 30 2018 at 10:50
In Fx trading , by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non sense planning and zero risk management policy, nothing to do with high leverage at all. so, I think, before trading with high leverage we have to know how to manage risk.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Feb 02 2018 at 16:04
Mohammadi posted:
In Fx trading , by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non sense planning and zero risk management policy, nothing to do with high leverage at all. so, I think, before trading with high leverage we have to know how to manage risk.


Do you have any concrete suggestions and advice?

Imamul

Member Since Aug 09, 2017  324 posts Imamul Feb 04 2018 at 06:06
From this market place so many traders fail despite of having powerful trading strategies, because they have no proper money managing plan. the success in Fx depend on money management , so we the traders who are particularly beginners have to emphasis on money managing plan besides acquiring good trading knowledge.

Mohammadi

Member Since Aug 11, 2017  550 posts Mohammadi Feb 04 2018 at 07:12
Yes Risk is everywhere in Fx, because despite of good trading knowledge that’s not possible at all to predict the real faction of this market with certainly , so it is more appropriate to make sure proper risk managing plan before trading .

togr

Member Since Feb 22, 2011  4443 posts vontogr (togr) Feb 05 2018 at 09:21
Mohammadi posted:
Yes Risk is everywhere in Fx, because despite of good trading knowledge that’s not possible at all to predict the real faction of this market with certainly , so it is more appropriate to make sure proper risk managing plan before trading .


Well that is very generic phrase
What should be the outcome from it? Like that trading brings risk. Common everyone already knows it.

I like what I trade, I trade what I like
PriceAction13

Member Since Oct 08, 2016  58 posts PriceAction13 Feb 09 2018 at 11:23
Forex trading was challenging, same now as like before and it will too. Till now new traders are struggling as like before! By the way, I have 5 years trading experience and till now I am learning Forex trading from my live trading mistakes.

To change your trading result, just change your thinking.
Mohammadi

Member Since Aug 11, 2017  550 posts Mohammadi Feb 09 2018 at 15:07
I have seen according to my trading experience maximum traders in particularly the newcomers always consider high leverage at high risk. but I I don’t consider it at all , if there is any risk it is completely with non sense planning as well zero risk managing plan . Nothing to do with high leverage. so before trading with high leverage it is more appropriate to make sure real risk managing plan.

Imamul

Member Since Aug 09, 2017  324 posts Imamul Feb 09 2018 at 15:07
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Feb 10 2018 at 15:11
Imamul posted:
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.


Good choice. Using 1:2000 leverage is a recipe for disaster, in my opinion.

Mohammadi

Member Since Aug 11, 2017  550 posts Mohammadi Jun 06 2018 at 10:22
managing risk and money when trading is really difficult task , because market moves at random mostly times and no one can predict it with surely . only long term experience can be supportive to mange most accurate risk and money which is real key to bring profit certainly,.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.