Are you really following risk management while trading?

[jacky1990]

while trading, it is because that forex is risky and tough business and following the risk management can be useful for the trader.

I ever follow the risky management and I never take the maximum risk, I ever take only risk which I can afford to loose.

[Abby Jr.]

If wE are noT takiNg thE trade the riGht way theRefore following the rules and taking risk accordingly then we would blow our account, therefore to me I am following my risk management and so far I have got to know that it is more better and more safer to trade with good risk management.,

[jacky1990]

without proper knowledge is very dangerous for every trader because sometimes traders face many difficulties if they dnt have proper knowledge about trading. If despite traders knowing the importance of risk management, they do not follow it then their account will suffer stop outs again and again.

[Abby Jr.]

aLot oF infOrmations thAt we wOrk with tHe best workign reasons that we can work with is the informations that we work well with the righ tmarket with being the right work of greater choice we are all shown to rule markets that work well with different values,,

[jacky1990]

we all know but all of us dont follow it. So we should learn to follow what works in our trading. We can consult other traders. I have some friends who are involved with forex trading and they inspires me most in this case,they also help me taking decisions about my trades..

[Abby Jr.]

wheN a tRader is alReady frusTrated in hIs tradIng and want the profits to come fast in his trading account, most of the time we ignore this aspect and trade with bigger lot sizes, sometime we are successful at the start but we will fail in the long run.So at the end of the day making money in trading is not all about using bigger lot sizes, its about having an effective strategy to use and the will to implement.,

[jacky1990]

first thing that should thought by the traders before put the position in the market, it is necessary for all of us to get the right track during in the market and as the main goals to protect our balance, of course, traders need to have the knowledge for how to calculate it till we get enough margin to sustain our trading forex,

[Abby Jr.]

rEally thiNk thaT I am fOllowing iT in tHe senSe that I know that the forex trading market movement can not be predictable fully, so I have to protect my account. Furthermore, as I have learned that the huge difference with the professional trader and the normal trader is based on how they manage their risk.,

[jacky1990]

I get loss several time but with the passage of time, I learned from my mistakes and now I m following the risk management while trading and I am getting better result and earning reasonable amount from this business, now i knows better about my limitation.

[Abby Jr.]

CHallenging businEss wheRe we haVe to uSe our skIlls. Experience teaches us importance of stop loss and also helps us to develop a good trading mindset. In my beginning days of trading I was a trader who traded with the always win mindset. But what, this attitude of mind did not save me from losses. But instead blow my account several times and made me victim of stop outs even with big deposits.,