risk management

[OscarR]

Do you believe that risk management is more than just a strategy, and that it should be a foundational element of our trading lifestyle, influencing every decision we make?

 

[The whale]

this is absolutely correct and you will not make even a penny out of forex if you do not understand and apply that to your trading habit. Check here for more information on risk management and its importance:

 

[Polakandil]

Yes, risk management is very important for me, before investing usually I try to mitigate possible risks that may occur during investment or trading, so if likely in investing results out of expectation, it is not too much regret in mind, and not all savings money is in the risk.

 

[borzy]

Do you believe that risk management is more than just a strategy, and that it should be a foundational element of our trading lifestyle, influencing every decision we make?

For real-life I guess it's problematic, risk management ultimately relies on probabilities and it's not easy to apply them for real-life situations especially classic probability theory, with space of outcomes, assumption that every outcome's probability is equal etc.

 

[OscarR]

Risk management should shape everything we do, helping us make smart choices and protect our money. It's like our safety shield in the trading world.

Absolutely, risk management is the unsung hero of trading! It's the shield that guards our hard-earned treasure

 

[LeoFx]

Try to lower trading risk by using micro lot size and other things within limit. Take lessons from mistakes and develop your learning enthusiasm. Try not to keep any space in your mind for frustration because sometimes frustration reaches such a level that makes trader commit suicide. FXOpulence sends the withdrawn money into account on time.

 

[OscarR]

Try to lower trading risk by using micro lot size and other things within limit. Take lessons from mistakes and develop your learning enthusiasm. Try not to keep any space in your mind for frustration because sometimes frustration reaches such a level that makes trader commit suicide. FXOpulence sends the withdrawn money into account on time.

Using micro lot sizes and staying within limits is a smart way to manage risk. Learning from mistakes and maintaining a positive attitude towards continuous learning is essential

 

[Imogen Beaumont]

Because by having a powerful risk management, we're always protecting our money and making smart choices for the long run.

 

[GeekyForex]

Risk management is essential! Every trader should have a detailed strategy for protecting individual trades and capital. Key elements that should be considered as part of a strategy should be position sizing, risk to reward ratio's and of course stop loss orders.

Our risk management hub has a wide range of guides and tutorials on various topics so that you can develop an effective risk management plan,

 

[ArnavDeshmukh]

Do you believe that risk management is more than just a strategy, and that it should be a foundational element of our trading lifestyle, influencing every decision we make?

In fact, risk management isn't just a part of trading; it's the foundation that should guide every trade and decision we make.

 

[benji177]

It is one of the few things stopping you from suffering potentially big losses, and if one is not "rich," this is what will guarantee their longevity in the market.

 

[VasilTodorov]

Do you believe that risk management is more than just a strategy, and that it should be a foundational element of our trading lifestyle, influencing every decision we make?

of course that is not just a strategy
it is a basic for trading
you need to do it since in this market we do not trade based on facts, we trade based on probabilities
even if you are best trader you will not win all your trades so you definitely need to do it
if you have not started it yet you can simply start by putting 1.5% maximally on each trade you make
at the same time try to learn advanced skill of risk management

 

[Lee.me]

Risk management is far more than just a strategy; it's a fundamental aspect of a trading lifestyle and should influence every decision made in the trading process.

 

[Hardson]

Risk management is the best strategy for traders. Proper strategy-based trading is required for surviving in Forex for a long time. The more a trader studies the more, the more he becomes innovative about the market. The facilities of FXOpulence broker are convenient for minimizing trading risk.

 

[Fin_Trader]

Risk management is far more than just a strategy; it's a fundamental aspect of a trading lifestyle and should influence every decision made in the trading process.

I would say it differently: risk management is not a strategy, it is a necessary condition that should be in any trading strategy of any trader. It will not be enough to know and see according to your strategy when and where to make trades; it is important that these trades are made in the required lot size, without overloading the deposit and minimizing potential losses in unsuccessful trades.

 

[Lee.me]

I would say it differently: risk management is not a strategy, it is a necessary condition that should be in any trading strategy of any trader. It will not be enough to know and see according to your strategy when and where to make trades; it is important that these trades are made in the required lot size, without overloading the deposit and minimizing potential losses in unsuccessful trades.

I agree, no amount of comments can tell of the importance of this for beginners and experts alike.

 

[Fin_Trader]

I agree, no amount of comments can tell of the importance of this for beginners and experts alike.

They become experts and earn money on Forex for a long time when they know how to control their emotions and risks. And whoever wants to earn a lot and quickly will never become an expert and a true earning trader.

 

[Lee.me]

They become experts and earn money on Forex for a long time when they know how to control their emotions and risks. And whoever wants to earn a lot and quickly will never become an expert and a true earning trader.

True that, you'll need to gain a lot of experience too, just to know how to put all that knowledge to good use.

 

[Fin_Trader]

True that, you'll need to gain a lot of experience too, just to know how to put all that knowledge to good use.

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.

 

[Imogen Beaumont]

It is a crucial part of any activity in life, not just trading.