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who have enough experiences will know for how much important about stop loss function, or how to protect their balance, because they will understand that everything can happen to us as the traders during in the market and we need to have good protection or losing limitation,
we need do cut loses
ImpoRtance of stOp losS and also helpS us to develop a good trading mindset. In my beginning days of trading I was a trader who traded with the always win mindset. I actually never wanted to get a loss and this made me to always remove the stop loss when ever I found the prices approaching near it. But what, this attitude of mind did not save me from losses. But instead blow my account several times and made me victim of stop outs even with big deposits.,
I do trade with risk management.I do not how much time will I stay in the market.But I believe that market helps me to get profit.Though I have no much experience about Forex trading but I think if some one trade with his capability and and follow the risk management system then he will do better.
Forex sInce lasT three yeArs anD I ever follOw the risk managemEnt and I never trade blindly and trading with proper risk management and I am earning reasonable amount from this business. I will also give the advice to all the newcomers that they should follow the risk management as forex is risky and tough business and trading blindly can cause the reason of failure.,
based on some of my trading setups, I ensure to analyze them and then gauge to know the lots or volume to be used and how much I would risk on it. I just realized that using money management and risk management is the way to last long in forex. That is what the professional traders makes use of that is why even after they loss they still make some good amount of money later on.
rulEs aS sEt wiTh the termS of strAtegy on expEnding proper on limit with the size of risks to spends of those with the order creation to gains with the secure on chance without to lose of more on expending times and more of good resources to waste of those with the use on manage as running of trading tasks of the good jobs.,
follow risk management system in Forex market.Tough risk management system is not easy to understand.But I am trying to understand that.I am doing trade last 2 years.Still I do not understand the market condition .That is why risk management is important.
reAlly understAnd the Real meAning of rIsk management, because you said it is tough and not easy to understand, how? Though, forex trading is really challenging when it comes to the use of trading strategies and its analysis, but the risk management is a thing of pure calculation, this is never hard, it is only a function of what the trader has planned on his calculation. In fact, it is the simplest thing in the market.,
gives of chance as trader gains with the proper on ratio as submitting funds with the trading on requesting of exchange as moderating returns of market deliverance to gains with the best of chance on occupying system and strategy to helps of the good completion.
Once thEy loSs the mOney thEn they will jUst realize how important it is. All traders need to always use a lot of risk management in making every decision in forex trading. Once you want to earn it big. It is the time to take a look back at your loss and then try to reduce the ammount of money you might loss. It is that simple.,