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Risk and Forex

emily_smith
Jun 12 2018 at 12:16
22 Beiträge
Imamul posted:
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.

You are right money management is very crucial along with good trading strategies. We can minimize our risk in Forex but we can not eliminate it completely.

Mohammadi
Jul 06 2018 at 10:19
852 Beiträge
This volatile trading place is very much complicated for all kinds of traders in particularly for who are newcomers. Newcomers first of all have to observe all market principle which is more appropriate to survive in here in a proper way. They have to emphasis firstly only learning by reading books, Pips school, Forex.com and from much more Forex website. And with this process also should trade in demo account to make sure market movements. But practically mostly don’t believe the importance of demo account at all.

ReidFX
Jul 15 2018 at 06:24
7 Beiträge
I am a fairly new to trading and I do see that there is a point to demo but I just don't get the emotional buzz that I get from a real account. I trade very differently on demo to a real account

Mohammadi
Jul 15 2018 at 09:59
852 Beiträge
There is nobody who can predict the real faction of this market with certainly, that’s why for making profit with certainly we the traders have to depend on our trading strategies that we select according to our trading experience , we have to choose the platform that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this.

oliviapeters
Jul 16 2018 at 10:52
12 Beiträge
If you are venturing into forex then there is no chance that you can avoid risk at all. Prices can fluctuate very much during he trading session. So you need to keep you eyes and mind open at all times. However you can guard yourself against the risk element by employing good trading strategies and risk management plan. Manage your money and risk well.

lucywarren
Jul 22 2018 at 05:55
9 Beiträge
Risk and forex are part and parcel of the same game. But it is true that unless you are willing to take risk you won't have much chance of big profits. The thing is that you should know what risk you can afford to take i.e. take well calculated risks. Use effective risk management techniques.

StampGer
Jul 23 2018 at 06:43
11 Beiträge
You need to be in the game to win but stupid risks will always cause losses. Better to mange your account and grow steady rather than try for get rich quick

Mythsphinx
Jul 23 2018 at 14:15
9 Beiträge
togr posted:
mlawson71 posted:
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.



1:100 and 1:2000 leverage makes no difference when calculating position sizes. The only difference is that you can open up more positions with 1:2000 leverage compared to 1:100. If you have a good plan and you have a maximum number of open trades that you allow yourself to take and remain loyal to that plan, then it doesn't really matter what leverage you use. If however you have no self control(or don't like to mentally fight with yourself about how many positions to take) and willing to open as many positions as possible, then choosing the right leverage is important as it will set a limit as to how many position you can open before hitting margin.


danmulligan
Aug 06 2018 at 12:30
8 Beiträge
Forex is risky and there is little you can do to escape this risk. In my opinion this is what makes it all the more thrilling. But yes of course one should pay attention to managing their account and money well. Forex is risky business but it is up to us to not make it more risky than it is

CarlFooty
Aug 06 2018 at 13:32
11 Beiträge
There is no gain without risk. Any investment or business carries risk. Even if you have a 9-5 job there is risk you will be fired or the company will go bust.

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