Open positions by using proper Risk Managment.

[dollar]

it is the very important in forex trading that we will make our possition on base of risk management.
we choose our lot size on base of risk. if we are playing with more then profit is also much but dont forgot its opposite effect loss is also high.

[sobjanta]

Assay management give ever protect us from loss in this trade so this should be set in our trade to love great danger management and not comfortable to worsen in our trade and this will puddle you outmatch at trading .

[sammy]

see mate, it's very easy to see some old chart and making a theory out of nowhere and thinking that it will work, but trust me, in forex world, things dont work that way.the market is everchanging and the only way it responds well is to the news.

[ranazm]

yes you can do it please manage risk then you can must be success. if you can not a risk manage meant you can not earn more profit about Forex trading. so you need manage it

[junaidi99]

risk management is actually that how to control ur risk which is privalling and how u invest in that available risk.
it is being heard that high risk gives high profit so one should invest and get profit according to market risks.

use of money management is one way to create a safe trading. trading provides a great income that trigger people to want more and more. greed defeat source, the use of money management and discipline is the key to success

[forexdon]

your shared your post of charts but don't share you earning which i am trying to see but unable to see that you shared the charts of the market that's are candelistics charts and now here you are describing about the position in this charts that's are quit funny for us and intresting to learn

[mashbahah]

In my opinion, all what we choose must contain the risk we have to take and we are facing, as well as in trading forex if we have decided to plunge into it then we should be willing to accept the risk, but do not then we are resigned to the risk, but we must strive to overcome and minimize

[yogesh]

Never try to pour milk in a vessel which is bottom less - similarly trying to trade without stop loss my result into big losses, so having risk management in your trade is extremely important.

[Lyubov]

Apparently beginner trader took a risk in every transaction. They are willing to get pips in small quantities but by risking the transaction with a big Lots volume of transactions. This is likely due want to get profit quickly or do not have good money management.

[jmsblack18]

That picture you showed i think is long term trend. I still doesn't understand which point you use fully safety risk management? I think the picture which you enter the position is still risking if you trace it from entry point. You come in in the trend which was half way to end. And that is become the worst thing for people which use the big lot. My opinion if you want to follow the thread starter strategy, use the minimum lot.