Are you really following risk management while trading?

[jacky1990]

you have a good risk and reward. you can put a stop loss of 20 pips, and take profit of 30 pips, so do not just have a daily profit target, but you should limit daily losses as well. that way, the trading account will be safer. if on that day you got the loss, there is still another day

[Abby Jr.]

bAsed oN mY poSts abOve thAt, wheN the traDers lEarn hoW to reduCe the risk so they increase trading quality and of course with automatically will get more profit, am i right ? for example, if the traders usually got losing for 20 pips per day and profit 30 pips per day, and if they learn how to reduce the risk , it can be their losing is less than 20 pips and get profit more than 30 pips,,

[jacky1990]

I believe if traders use money management, then he will have a good emotion. I want to practice a disciplined trading. The real account traders are in need of control emotions, without the emotional control, the trader will forget the rule of money management and risk management

[Abby Jr.]

CAn not auTomaticalLy inCrease yOur proFits sIr, you woUld havE to work for it. And with even a reduced risk, you would have a better chance of trading profitably well. Refreshing the mind would also help you as you have said, but no matter what, the trader should have good trading and good management to secure his investments.,

[jacky1990]

to learn from the experiences, it will help them to reduce the risk and limit it, beside good trading system, traders need to support it with good MM and RM, and then keep it tightly, because when someone follow the rules and keep good their MM and it could be the mirror that they have good emotion controlling

[Abby Jr.]

froM the mIstakeS and hOw to rEduce tHe riSk wiLl maKe us know how to trade safely and it lead us to increase profit automatically, so you are right that we have to make sure that we are not under the emotion before enter the market or it is much better to stay away from the market and let refresh the mind,,

[jacky1990]

Em standing on the point that there is no perfect trader, any trader could make mistake at any time, and this is even irrespective of whether the trader is experienced or not. One fact that would help traders is to prepare for losses, having good managerial skills; both of the risk and the money the trader manages.

[Abby Jr.]

everytHing can haPpen to Us and almoSt of tHem wAs cauSed by uS, there are some factors that gave us good results or bad ones, and we got the experiences from them, so you are right, for them who have bad emotion will always violate the rules and break it, and continue the same mistakes, we have to avoid it with learn from the past or experiences,,

[jacky1990]

there is no perfect trading strategy, so traders will sometimes get a loss. you can not be sure will get a profit or loss, because all is the analysis, no one knows for certain traders future price movements. so traders should use the appropriate lot size money management rule, if you have a bad emotion, you will violate the rule of money management

[Abby Jr.]

this maRket very Well iS onE thiNg tHat is nEeded bY the trAders. TakinG low risk is good, but that is still not the guarantee that would help you all over in the market. Forex traders are looking for the main ways of trading by planning and good management no matter the risk the trader is using. And I so much believe that when the trader understands their risk, then they can do real management.,