risk management

[Lee.me]

I agree. Our experience teaches us everything, shows us our mistakes and forces us to improve our trading. Therefore, even negative experience is important, since it shows what and where you need to improve in your trading strategy and make it profitable.

Absolutely, gotta learn from the bad ones, to make some good ones.

 

[shipuradilaroo5488]

Absolutely agree! Mastering emotions and managing risks are key pillars of success in Forex trading. It's a journey of patience and discipline rather than a quick route to riches. Your comment resonates with a great article I recently came across that delves into the essence of risk in Forex trading. Check it out . It offers some valuable insights that align perfectly with what you've highlighted here.

 

[Polakandil]

Forex trading is indeed a challenging profession, the role of psychology is very dominant in forex trading, when traders have strong psychology, it will be very easy to be disciplined in implementing risk management and trading strategies. How to build a strong psychology, one of which is the right mindset about forex trading. This is obtained through long practice and learning from many mistakes.