Are you really following risk management while trading?

[jacky1990]

the over limit on size as expending the use of numbers with the risks and good resource to work with the requests of displacement as each to gains on delivering the notice with the focus on trader as further to enter with the good preparedness being within the advantage as examining of the highest on strategics with the execution of trading order to gives of new position with the market.

[Abby Jr.]

opiniOn tHat tHe traDer beinG able to knOw about the risk management is not every thing but I think that the important part here is tio be able to use what you know and control our selves when applying this . I see that the problem in the trading way all the traders is the psychological aspects not more.,,

[jacky1990]

yes many time this can happen to a trader but this is not called as a good mindset at all for me good mindset use should be every time in trading and if a trader don't have good control in it then he is still becoming emotional in trading. Controlling our mindset every time would give us great profitability in forex.

[Abby Jr.]

yOu cannOt maiNtain a gooD mIndset. Like wHen you fAce stop out you want a revenge. There is no gain in revenge trading because it won't bring back all that you have lost, rather it will cause more losses for you. With the hope of recovery you add greed to it, you will get the worst off result.,

[jacky1990]

cannot be done without good mindset and knowledge. if forex is easy, nobody will work somewhere else other than trading forex. to become successful in forex trading, we need to master the trick of the trade by understanding how the market move. after we understand it, only then we will have the ability to earn money.

[Abby Jr.]

peOple wo doNt have pRoper minDset or wAnt to mAke profits by high risk trading never succeed in Forex. But such people usually get many losses. Such people who did not earn from forex and suffer consistent losses in the trade may dislike forex. i think, they will hate forex very much because forex eat their money.,,

[jacky1990]

success comes to those who deserve it. Our work should be to control our loss and to also minimise our risk level. Forex trading is not only about the take profit. Market may move against us at times, and if we forget to put a stop loss we may end up losing everything.

[Abby Jr.]

withOut conSidering thE danGer of not tAking cAre of risk or moneY management principles, i know that many of us do it a lot and it is not a good thing to leave our money at the mercy of the market, i do not think it is compulsory to do the calculation the way the poster has put it, but we must do it in any way we know is the best for us, for me i normally give a stop loss of hundred pips to any kind of trade i place in the market,.

[jacky1990]

got to know that success is not that simple to get, in the sense that wanting to make money without risk management is not possible therefore, following the risk management makes it a more better way of trading. In the sense that there is no trading strategy that works 100 percent, therefore risk management helps to give good result.

[Abby Jr.]

gooD caUtion in tradIng whiCh can kEep you aliVe in this business for a long term time, Getting a good trading experience is very important for our growth and for that we have to work with good management at first so that we will able to know the real way of making money in forex. Forex is a right instance for us and we should use it wisely in our life.,