Jump to content

What To Do Minimize Risk On Forex Market

Rate this topic


Recommended Posts

One of the most important studies as a day trader is to manage their risk exposure. Sure, risk control is a concept which be used on any trade, however, day trading has to do this matter from a different angle. Because their job is to capture multiple price fluctuations during the day, of course, profitability targets will be much smaller than a swing trader (who puts a single transaction with the goal of a much bigger profit target ).


Therefore, by placing several trades throughout the day can be simple to "drift" far from their default stop losses. A shared (very joint! really) day traders thought is "if I extend my stop losses a bit hopefully the market will flip"! The hope is to one of the worst enemies of the trader.


These tiny tracts of stop losses accumulate and suddenly without realizing that they are losing more money by trading brushed to make your turns ratio risk / reward against you.



Link to comment
Share on other sites

Forex trading is a business. In any business there are present profit and loss. So take both part. But we can minimize our loss. If we use a good money management rule and also use stop loss can reduce our loss. i am using stop loss approximately +/- 10 pip in my open position in Armada Markets

Link to comment
Share on other sites

Guest gaban

forex is a business that has many advantages that forex risk is very large. For that, we need to have good trading skills so that we can minimize the risk of forex properly. and we can minimize forex risk with use SL for our accounts

Link to comment
Share on other sites

Guest hunter13

risky alwasy follow the profit. if we want profit we need accept risky. it is a both side of investment . but we can manage it . how to get minimum risky to get highest profit. it is a question for trader

Link to comment
Share on other sites

Guest gaban

forex risk is indeed very large. for that, we need to have a good resikon management. moreover forex risk is always unpredictable. to have a good risk management so we can minimize the risk of greater. we can use SL in our account

Link to comment
Share on other sites

To minimize your Risk in Forex industry, you should follow Money management properly. A strong money management strategy can bring success for traders. Say if you have $500 in your trading balance but your taking risk $25 of your trading balance, it wouldn't be good enough. Expert says, money management shouldn't cross more than 5% Risk your total balance in a trade.

OctaFX provides best system for keeping your trading account safe. It provides best technical analysis for its traders so that they can win from live trading easily. Try to cover you previous lose in new trade not to earn more than that.

Link to comment
Share on other sites

Guest gaban

forex is a business that has a very high risk. with the risk that it will make our trading is always overshadowed by the loss. therefore, we need to learn and practice trading. with a lot to learn and practice trading we can get a lot of money from forex. And we can use SL for our account if we not want get forex risk

Link to comment
Share on other sites

  • 2 weeks later...

Discipline and planning is required by a trader to minimize risk. However, traders also need an insurance that could save the trader when the error occurred. but i think the forex business is very profitable, it all depends on the hard work of the trader. during the many traders who are losing money due to lack of discipline and lack patience.

Link to comment
Share on other sites

If we talk about trading techniques, main method of mitigating risks is hedging. Its shortcoming is that it reduce expected profit, but main rule in trading is save in first and gain in second. If we talk about safety of funds, then it is broker question. I use OctaFx segregated accounts to be sure that my funds is in secure place.

Link to comment
Share on other sites

To minimize your Risk in Forex trading, I think traders should follow few steps properly. Learning is the main thing in Forex trading. So Learn trading on Demo account, You can use Free demo service from OctaFX broker. Don't use big lot and big risk, you are not capable to handle big lose.

Follow Money management properly and accordingly to your trading balance. Due to growing demand, OctaFX has introduced swap-free accounts. So, you can use Swap Free option if you are a Muslim or if you don't want to lose money when you hold position for a long time.

Link to comment
Share on other sites

Guest gaban

Forex can not be separated from risk. for that we need for good risk management so that risk can be minimized with good risk. Therefore we need to use SL when trading and therefore a greater risk can be minimized by good

Link to comment
Share on other sites

Here are some tips and tricks to minimize risk on Forex market:

First tarders need to follow the money management system. I think it can save your 30% money as well as keep tracking your funds. After that traders should always have a look on the current market movement. If you fail to analys the current market movement then you cant make any profit from this market. Last one is try to stay tuned with a reliable broker cause your terminal can do many thing to increase your fund. In that case I suggest you to have a look on OctaFX broker. Hope you will be benefited and gainer.

Link to comment
Share on other sites

To minimize risk its better to divide your investment various plans like deposit you investment with two broker, don't invest all your money, invest some in PAMM account etc.in this way your investment wont be swept away in one go if something wrong happens.

Link to comment
Share on other sites

Any one can be a trader but no all of people are in forex trading can survive in forex trading. We must know that forex trading is risky business and there's not only reward that we can get, but also there is risk. We must be able to minimize the risk if we want to get maximal profit. We must have good money management and must

Link to comment
Share on other sites

Guest gaban

we can minimize the risk of foreign exchange by using a good RM. Good risk management is indispensable in forex. With good risk management then we can get the maximum trading because forex risk can be minimized by good. we can use SL when trade in our account

Link to comment
Share on other sites

Guest gaban

I agree with you, to minimize trading losses we had to be able to have a good MM and RM so that we will get the maximum results. and risks can be minimized with good will. we can train MM and RM good in a demo account

Link to comment
Share on other sites

You should have proper control of money management and keep yourself updated with the latest trends on trading. Never invest whole money in forex trading, break it in two parts, then invest it one by one. You should also use forex trading software to monitor your investment.

Link to comment
Share on other sites

Forex is a risky business. High risk and high return. To minimize the risk of course do not trade with all the money you deposit, but tradinglh with risk only 10% of the total money deposited. I guess it's enough to be able to survive if exposed to floating to 200 pips. In addition, before trading you have to do the analysis carefully so that no one position. I usually use the daily analysis of freshforex as a comparison for this analysis because they are good.

Link to comment
Share on other sites

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...