Is there a way to eliminate risk?

[eiger]

it is impossible to completely eliminate the risks in trading but there are many tips and ways, which can minimize the risks of lose in a trading, you need to find or learn these tricks and then apply them in real trading and watch the results.

i also think that Risk always be there in any kind of business including in forex business but when taking risk the traders should very careful. we may can take the big lot size and make a good amount of profit in single trade but luck will not always in our side in every time. if we take a high risk but the trends goes against of our positions one time then there will be no chance to survive. Risk in this business is can not to eliminate but maintain the moeny management and trade with low risk is good for survival

[andihaerani]

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

That is true if forex trading is a risky business, but there is no way to eliminate the risk at all except you don't trade. We just are able to minimize the risk that can happen by applying a proven and reliable trading plan. You may learn it from someone else who you trust and he/she has proven it on his/her trading.

[shayan]

as you say "completely", no there is not any . but yes there are some strategies that helps you reduce those risks. if you are following the trends and not going against the market, having the knowledge of why price moving, then there are possible chances you can avoid most of them.
and if you know that you have done a wrong trade, and the indicators are against it, then don't hesitate to close it.

[oneforex]

Yeah well their is some techniques and tips to reduce your lost of money in trades but the most important thing is when your 100% shour of wining trades and also you have to pay attention of the stop lose area. so their no to complitely to avoide the resk of loosing money in forex . just be carefull of what your trading in it ...

[waqas78]

it is impossible to completely eliminate the risks in trading but there are many tips and ways, which can minimize the risks of lose in a trading, you need to find or learn these tricks and then apply them in real trading and watch the results.

[safder]

i think new traders can minimize the risks by making some rules, the problem is they will need to have many knowledge about trading and they also need some experience. an other way is before starting a new trade look around the market carefully and observe everything and then trade in the right way, that you find best.

[mahx]

Good Day Everyone,
You can't elementae risk, but you can decrease it and here is how: First of all make sure you have chosen the right leverage (small account ,big leverage / big account, small leverage). Secondly you need to choose the right lot for your trades (small account ,small lot / big account, medium lot) and finally make sure you have made good analysing and don't forget to sit your stop loss.

[zaidamjad]

i make sure that i follopw them the never trade byoned that rules and this save the me from risk managment taking the already know about it with the learning and ready for some tread at the forum .

[leopardfx]

nope, who want to be a trader he must accept the conditions in which the risk is his friends in trading, because there is a risk in the profits, and hence profit equal to the risk, if we want to earn a great profit then the risk at stake are also big, but keep in mind what I said negative risk was not applicable to traders who apply good money management.

[pipcollectors]

yes there is way to eliminate risk in Forex but we never eliminate risk completely . because Forex is risky in every way but you take care of risk management then its very easy for you that you that to trade without any big risk . i am using !% risk management on my trade during open trades.