Forex money and risk management

Ivo Zetticci

Verified member
Forex is a risky market. Leverage is also making it riskier. However, with leverage, traders can control more money than they have. Brokers including Eurotrader often offer high leverage in the market. So, It is important to follow the risk and money management strategy in trading. It ensures your survival in the market. New traders often ignore both in their trading journey.
 

Jack Reacher

Verified member
A good trader clearly follows risk management while trading. Without keeping up hazard administration we won't have the capacity to keep our capital free from threat. So hazard administration is especially expected to a trader. We should trade by keeping adjusted parcel measure with my capital. It is really called hazard administration. A perfect trader used to take after this structure constantly. Since it is particularly important to wind up plainly an effective trader. I am currently trading with Eurotrader broker. They have amazing educational resources on forex trading psychology. It helped me a lot. I also like their instant withdrawal and deposit facilities
 

Razor1911

Active member
As we all know the forex market contains huge amount of risk, and the risk is unavoidable. If we want to make profit from the business then it is necessary that we must take risk. Since we can't eliminate the risk we can only lower the risk by implementing proper risk management. A proper risk management tool is required to ensure the risk is lowered and profitability is increased.
 

Lens1000

VIP Contributor
A starter should not set a high leverage while trading. You can manage risk by having an effective plan on the possible outcome before entering into trading. You should be able to use the sufficient tools that will enable you to set the exit and entry order . This will help you manage the risk and will guide you through out the trade
 

btaliat

VIP Contributor
Any trade who is not ready to take risks is not even welcomed into forex. The risk in forex is inevitable, hereby there should be proper guiding on how to limit the risk factors on forex. This is the reason why a crypto trader needs someone who will serve as his mentor and broker when it comes to forex.
 

Razor1911

Active member
Any trade who is not ready to take risks is not even welcomed into forex. The risk in forex is inevitable, hereby there should be proper guiding on how to limit the risk factors on forex. This is the reason why a crypto trader needs someone who will serve as his mentor and broker when it comes to forex.
Forex market is all about how much you can take your risk. But the risk should be calculated. when you don't plan your forex trading strategy and directly start trading in that time you are more vulnerable to
Face loss. Where as when you will take risk be determined by a plan then you will have higher profitability.
 

sincerem

VIP Contributor
As we all know the forex market contains huge amount of risk, and the risk is unavoidable. If we want to make profit from the business then it is necessary that we must take risk. Since we can't eliminate the risk we can only lower the risk by implementing proper risk management. A proper risk management tool is required to ensure the risk is lowered and profitability is increased.
Sure, risk follows forex market. If we want to make profit through forex trading we must take the risk, learn the basic to trade forex, and not just jump in to take unnecessary risk that can lead to losses. Applying risk management is ideal, trade with caution, not entering the market often cos you're losing money. We should trade when we deem right and success comes through it via experience and techniques.
 

Wisdom01

Valued Contributor
The higher the leverage the higher the risk involved , there is a certain leverage that you could use at least 20 or 10 , so your money don't liquidate so fast just incase your prediction dosent work as planned and your money won't get liquidated at the end of the day , this are some considerable things you need to note
 

Robson Dey

Active member
Making good profit from Forex trading is just the difficult thing in the world, though more than thousands of Forex traders are still very interested on making profit by doing Forex trading. Yes, it is possible of becoming rich even by doing Forex trading, but try to follow the proper rules of Forex business.
As a trader I select Forex4you trading Company as because they are very active for providing customer service without any error. They firstly give free training course so that the newcomers can easily learn and become well- educated of the Forex market. For making good profit their high trading leverage facility from 1:1000 and low zero spread are very much efficient. Now I am earning good money.
 

Wisdom01

Valued Contributor
Forex market is all about how much you can take your risk. But the risk should be calculated. when you don't plan your forex trading strategy and directly start trading in that time you are more vulnerable to
Face loss. Where as when you will take risk be determined by a plan then you will have higher profitability.
From the beginning I have always try to focus more on risk management because its one of the criteria to take note of when trading forex , considering how hard forex could be when it comes to trading , its best for you to set up your trade from the beginning and always hope you make more trading profit from the trade
 

Asahi

Verified member
The better your risk management policy is, the more your return is. To maintain average profit, you have to maintain risk management policy. Eurotrader allows traders with a 111% deposit bonus that increases traders’ capital, ultimately affecting the earning. The broker is highly secure as they use several regulated banks’ accounts.
 

moonchild

VIP Contributor
Risk management even though is not the most important aspect of trading but if you're good in it then it's only a matter of time before you get profitable because by applying a solid risk management you'll be in the game for long, as we all know trading is a losing game and the best loser wins, so the more you can take loses without blowing your account the more chances you have of turning a profit in the market.

Also Martingale strategy is not a good risk management tool because many people tend to use it to mitigate their losses.
 
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