Is there a way to eliminate risk?

[yahoo21]

unfortunately we can't eliminate Risk in forex, but we can reduce it and be winners. the main method to reduce risk is to use Stop Loss to avoid big loss, second think is to have a good money managment and never risk more than 2% and never risk more then 5% in a single day. and the most important thing is to control your emotion in case you win successive trade greed is there and we should stop if we arrive to our daily gool else we fall in over trading and this lead to big loss and frustration.

yes as you said we can not avoid loss completely in the forex market , because this is a business and every business has its risks and even the best forex traders lose money sometimes ,and this means that some times we have to accept the fact that we lost money and figure out what is our next step and make sure that we`ll not repeat the same mistake again ..

[Rambo25]

there is no way for us to eliminate the risk of trade, we can only reduce it by using its expertise in managing finances and managing risk .. this is the best way that we can do to reduce it ...

[spidy27]

Mere khayal me aisaa mumkin nai hai aur na hi aisa ho sakta hai k ap forex trading se risk ko alehda kar dain aisa ho hi nai sakta hai aur forex trading me to ap ko risk lena hi parta hai aur loss bhi hota hai,.,

[sodawhite]

yes ye business wasse to kaf risky ha je or hame caye k is me trading kane ke laye is ka right knowledg hasile kar take ap ko kafe acha profit hasiel ho or money mangment se trading kare to risk katm ho jata ha je

[sweetzahid]

ji risk ko khatam ni kia ja skta q k forex ki dunia ka important part risk ha lakin isy kam kia ja skta ha agr apki strategy achi ha to ap risk factor kam ker do low risk tarding kro 0.01 per pip pe to ap ko loss hony ka chance bht kam ha

[sushmita]

G blkul is main risk ko control karny ka bht sy way hain kyu k Forex main agar ap knowledge hasil kar ly to ap is sy risk ko eliminate kar saky gy.or is trha sy hum risk sy bhi bach saktty hain.

[andihaerani]

Every one say forex trading is risky, i am keen to hear if there is a way to eliminate the risk completely?

There is a way to eliminate the risk completely is by trading on demo account, but if you mean you want to find a way of trading on real account without any risk, it is impossible. Trading forex is very profitable as equal as its risk, we can't eliminate the risk on forex trading but there is a way to minimize that risk is by sharpening and testing your trading strategy on demo account until you find your reliable trading strategy.

[anushka]

Taking higher leverage level trades will make your account get margin called. So when you are trading do the trading with a minimum level of risk so that you can easily save your account from losing a higher balance. And if you are like to take some higher leverage level trade then make sure to have a higher account balance.

[yahoo21]

unfortunately you can not eliminate the risk involved with forex trading one hundred percent , because obviously any business has its risks , and forex trading is no exception , the risk is something has to happen in any business because you can not just keep on making money every single and never losing any thing because even the best forex traders lose money sometime , and you just have to except the risk because its part of the business ...

[Ahs]

completely to ni laikin money management techniques sy hum easily apni money ko control kar skty hain aur risk ko manage kar skty hain money management ma best yah hai ky apna margin equity/1000 ka rakhain at least is trah hmain behtar trading ka moqa mily ga