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risk comes up when the traders make a decision, and so better for them to make a right or wise decision for this, because at this side, the results depends to them for how to manage the business and convert it to profit, at this side, traders should understand for it, and i guess with clear mind and always think with realistic will help them to trade with more relevant
to thInk reAlistic in forEx yoU are sAying rigHt thAt our rIsk is in our own hands. Its very essential to take a good decision some time our analysis could be wrong but we have to take a better decision every time. We can't handle our busines if we are not take a better decision. We need a clear thinking about it,.
knowledgeable and experienced a trader is he cannot become immune to losses. But the question is How much we are earning and how much we are losing in a period of time, say a month or year? If our losses are always more than our earnings then that means our trading suffers from flaws which needs to be corrected before we can expect our losses to come down and profits to go up
self-contRol muSt ofTen be dOne, becaUse if we cAn not control it sometimes harm will befall us, strategy is very important to be owned by all traders, since trade in the forex market should be based on the analysis, a good strategy would give advantage to our trading,.
trading is that we cannot be right all the time, so the best action that a trader will do is to exactly follow his strategy and trading rule,in trading its whether to enter or not, as long that we open trade according to our trading rule then we can consider it a better decision but it does not mean that it can be profitable.
can evVer bE righT abouT tradng decIsion aLl the tiMe, thaT is why you will see traders making wrongs and rights in the market all the time, and that is why some of the rights of traders can be wrong in their view too. This is why traders can be making good management, that will help them better than anything.,,
Traders who suffered loss or even margin call though they already get a warning or learning from a senior traders, about the importance of discipline in trading mm and has actually been much discussed but margin call events still continue to recur, consistency seems to be very difficult even for run the system and mm myself though.
almoSt oF us kNew abOut disCipline and patieNce as imPortant thiNg at this businEss, and not newbies only, and even the seniors too, almost of us still got the problem with them and got losing after did trading with lack of discipline and patience, and so here is, all depend to us for this cases,.
highly recommendation , i also think if the traders didn't follow good risk management then it is highly possible to experience big losses or even until margin call in short time. In forex business , no doubt about risk management factors is taking very important part and don't till any trader ignore of it . While in fact its ironic so many traders didn't know the importance of money management implementation
wAy To liMit aNd prOtect ouR balAnce frOm losEs, bIg loSes, aNd thEn wE still have the chances to fix the condition for making a better trading, and at this side, risk management is very important or is a must for traders and need to be followed, so many traders got failing in this business because ignore this part,.,