For preventing from risk in Forex exchange trading some points should be noted. 1st is that to prepare a solid and perfect management and a loyal and honest partners and also keep it the activities of his business on good rules and management.
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How much risk are used, if I depend on market conditions, if the market is very friendly I would use more than 5%, but if the market situation is bad, I only use 2% risk.
high risk and high return is not good idea in forex trading although some people like to trade like this. For me, I prefer to get consistent profits with proper risk than I should risk all of my account in one transaction only. If we used good money management then we will realize that we can get profits not only from one transaction but we can recover our previous loss with other transcation.
how much risk should be taken in a trade depends on a trader's skillfulness and his confident. in spit of taking high risk some traders make consistent profit. on the other hand although some traders risking very low percentage, can't manage to make profit. we have to be very expert traders to take high risk. for average traders risking 1%-5% will be better.
Professional always suggest not to use more than 2% of of your account sizre and risk at same level, New trader invest little like they invest 100$ and with this investment its very difficult to trade wth only two percent in fact it's not possible for them, so they use more than two percent of thir account usually more than 10% that also increas their risk level.
I think every business have some risk. I do follow that no risk no gain. T o be a successful forex trader you need proper money management and pefectly
learn forex trad. Firstly you can find out of risk matter and you can remove this risk. Lastly I mean forex trade is 0% risk.
My risk is per trade about 10% that is enough to me. Also than i can take more risk when i can more profite. It is depand on my profitable area. So it is not any matter to me.