1% risk

The market doesn't follow any % or any rule, Trade what market says.

GlobalScalper posted:
The market doesn't follow any % or any rule, Trade what market says.

Markets doesn't follow rule but risk management does. We have full control over it and this is why it is a critical part of trading

HertzTrader posted:

GlobalScalper posted:
The market doesn't follow any % or any rule, Trade what market says.

Markets doesn't follow rule but risk management does. We have full control over it and this is why it is a critical part of trading

Maybe I should start a thread about risk management 😉

I always 1-2% risk per trade depend on market condition. I set mt SL according to that. I set my TP based on 1:2 risk reward ratio.

1 percent is probs about right

Adequate risk of course matters, but this is a secondary factor, only part of the system. The main thing in trading is entry points and price goals.

Forex trading is a very risky business. And in this risky business, if you do not manage the risk, how to make a profit. I agree with you, it is usually not right to take more than 1% risk. The lower the risk for a trade, the better for the trade. This is called money management. You can never be successful in trading if you do not notice this money management.

Trading is a risky business. And if you don't manage risk in this risky business, you can never be a successful trader. You need to learn to control risk. I never risk more than 2% on my account. This is what I usually call money management. I always give a lot of importance to money management. Only money management can keep you safe in trading. The less risk you have in trading, the more likely you are to succeed.

Yes 1% risk is very good for trading. Discipline is the key to maintain risk level low. Trading is very tempting. That's why you need to be discipline so that you do not trade whimsically. It needs a lot of practice to be discipline.

1% risk is good, even 5% risk is also good. But it is important to check on the risk management and other techniques that you are using into trading to avoid losses.

Risk is a common thing in the forex market. many people lose their money in this risky platform. If you want to be successful in this market, you need to make a profitable plan.

EbonyJones posted:
Risk is a common thing in the forex market. many people lose their money in this risky platform. If you want to be successful in this market, you need to make a profitable plan.

You are right. I take 1-2% risk of my capital depends on market condition. However, 5% is too much for me.

Yes it's difficult to control. That's why discipline is very important. You can read the book named The Discipline Traders by Mark Douglas. This book will help you to be discipline. You can also read The Trading Zone by Mark Douglas.

Yes 1% to 2% risk one can take maximum. The reason people can't control it they don't know their winning percentage. They do not have any minimum risk and reward ratio to follow. Basically they don't know what they are doing why they are doing.

You have to take risks to become successful in this market. If you can deal with the risk factor you can make money from the forex market.

Every trader should have his discipline. It is not possible to make a profit in trading without proper discipline. The lower the risk, the better for each trade. I always suggest taking a 2% risk. But it is better if the risk is less than that. Forex Prospects Market And to survive in this potential market you must have an idea about risk.

Michihito posted:
Yes it's difficult to control. That's why discipline is very important. You can read the book named The Discipline Traders by Mark Douglas. This book will help you to be discipline. You can also read The Trading Zone by Mark Douglas.

Very good book! Discipline is the key, if you can't control your emotions you cant control your money!
I believe people should understand the risks and control emotions, 1%-2% is perfect, if ppl can't manage that find an auto-trading system that does that.

Risk management is important when you are trading. Market follows no rules and that means you can never be prepared for the market.

1% is on the safer side.