Are you really following risk management while trading?

[Abby Jr.]

bEst thing aLl trAders shOuld do, the rIsk maNagemenT is heLping maNy to achiEve their dreaMs in the market, and it is never a thing that is hard, all that matters in the taking of the risk is how the trader coordinates it, if it is coordinated well, then it will be swift for the trader to carryon with the best management in the market.,

[jacky1990]

higher risk as long as you knew the risk and you're ready to face it. The dangerous thing is happening if the trader himself didn't know the risk but he only look on the profit possibility. If you have known the risk and you are deciding to trade with higher risk so it is depending on your psychology control at the end as the result of trading (beside your money management and strategy on making analysis). Risking more than 10% is okay as long as your target is (at least) same or higher than it.

[Abby Jr.]

you arE in tHe midDle of yOur caReer and leArning that's whY you took higher risk and then you were satisfied with your analysis, I think you were trading in the trendy market, may be bullish or bearish, you need to understand which kind of trader you are, are you bull or bear, a successful trader is both, bull and bear, according to market trend,.

[Kenyatta]

Risk management is always the key and for the good issues we know out there we have to really understand what is risk management its posible that when you trade forex there could be great times when you have to really think that 'what it goes all wrong'. then these is when money management kicks in there is a lot of good that comes with it

[jacky1990]

trader form losing all his money in the market, it is never a bad ting to follow, but the stick working of the trader in this will give the best for the trader. And no matter what the trader is doing, one should be careful of higher risk, that is what would make the trader lose beyond repair.

[Abby Jr.]

it wAs my iMprovemenTs whEn i was reaLly sure wiTh my owN analysis and will make it come true, it was good for me to get more profit or maximize it, so i did not do trading with flat risk , there is a time for me to trade with low risk and even just stay away from the market and there is a time for me to take higher risk and even more than 30 % ,.

[jacky1990]

trying to be a prudent forex trader, and this starts by using a good risk management in my trading I try to let my risk to be minimal, and this is the right way to have the full success in the market, provided that the trader takes it carefully. N matter what the trader is doing, there is a security for trading if done properly.

[Abby Jr.]

TakiNg risK is imPortant in foRex but yoU shouLd have a good sense that in which way you can make money by taking risk in forex. As rina ji saying that we have to divide our capital in many lots. Its depend upon your strategy and system then how much set you want to make for your trade's personally I like to make 20 sets of trade's for my whole fund risk management,.

[jacky1990]

most of all trader's know about the risk management but its very sad to say that only a few trader's are following risk management in trading. There are many members in this forum who still loosing their money I think we all should use risk management in our trading the best thing will be to take three to five percent risk of our whole account for one time

[Abby Jr.]

risKing the aMount of monEy in traDing whiCh you caN afford to lose. But the percentage is just fixed calculation according to the amount of capital that we have. That is the calculation amount of money in each transaction which we can afford to lose. If I have deposit $1000 and I can afford to lose all my deposit, and I use risk management (10% risk per trades. It mean I can afford to lose $1000 in many trades, not in a single trade. So I divide $ 1,000 into ten transactions 10% risks. That is the essence of the percentage in the risk management.,