Jump to content

Manage the Risks in Forex

Rate this topic


Recommended Posts

I am successful because I use a very good strategy and apply a good risk management system. This makes me win more and lose less. In other cases when I lose, my risk management habit saves me from drowning. If you don't manage the risk, you cannot be successful. If your broker does not honor your Stop Loss and take profit, you cannot also be successful. I use Forexchief broker that offers a great platform and fast server that always hit your stop orders without slippage or gaps. If you place a stop loss, Forexchief will execute it the exact price, no higher or lower. The same thing happens with Take profit.

Link to comment
Share on other sites

The supportive broker we the trader needs to select to get best result. There are many scam brokers who show fake facilities and offers various facilities. But you need to select the reliable and regulated one. Like, I have selected the regulated and trusted broker ForexOne. From my regulated broker I have proper security of funds with all types of investment. They hire third party supervisor to protect all of their client’s funds.

Link to comment
Share on other sites

By attempting to measure the intrinsic value of a stock fundamental analysis is a method of evaluating securities. To identify patterns and trends that suggest what a stock will do in future instead use stock charts, technical analysis do not attempt to measure the securities. Forex4you is much reliable broker who gives both fundamental and technical support to its traders. That’s why with them I am really very much comfortable.

Link to comment
Share on other sites

  • 2 weeks later...

Risk is the common factor of forex market. A trader can face the loss most of the time if he has no knowledge about trading. A trader should know the right time, right place and right currencies while he is trading in the market. Most of the traders lost their money because of their little knowledge about forex. Most of them don't know how to recover losses. Sometimes traders take decision emotionally after loosing money. It causes more losses. I am also a trader of TP Global FX. I always welcome losses and think that loss is the energy to make profit. Taking wise decisions can recover the losses.

Link to comment
Share on other sites

Every trade in forex comes with certain amount of risk but with some effective measures risk can be lowered. Those who want to be professionals in trading should keep sight on risk management policy other than that they can’t survive in the market for a long time. FXDirects broker helps traders maintain risk management policy with their facilities. They offer leverage of 100:1 and raw trading spread from 0.0 that increases trader’s profit to a particular extent.

 

Link to comment
Share on other sites

  • 3 years later...

Right planning gives traders large amount of profit. A good trading plan must deduct trading risk. But be cautious of gambling and other wrong approaches of trading because these will completely destroy you. Eurotrader is an ideal broker for scalping and hedging as they hardly put any restrictions.

Link to comment
Share on other sites

Well-planned preparation allows traders to engage in well-directed trading. This is also what I always do at Tickmill, by preparing and creating a solid plan, I can more easily and consistently generate profits in a real account with Tickmill as my broker.
 

Link to comment
Share on other sites

Forex trading is a highly risky business, but the potential rewards can be significant as well. Therefore, it is important to continuously understand how it works and pay attention to risk management. By doing so, trading can become more effective and of higher quality when partnering with a broker like Tickmill.
 

Link to comment
Share on other sites

  • 2 months later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    We Connect  Money Makers With TOP Earning Opportunities!

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...