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  1. #1
    Join Date
    Jul 2020
    Posts
    162

    Good money and risk management

    Good money and risk management is essential. It allows traders to survive long in the market. Forex is a high-risk market, so you need good money and risk management to be successful. It is wise to always use SL and TP in forex trading. Trading with SL and TP is very important to minimize the risk of Forex. My broker also offer me all kind risk management tool in the market.

  2. #2
    Join Date
    Apr 2020
    Posts
    1,365
    The ability to properly manage money in trading is extremely important. It should be understood that without this, it will be extremely difficult for a trader to learn how to properly divide investment areas.

  3. #3
    Join Date
    Jul 2020
    Posts
    734
    I believe that in this industry it is simply necessary to be able to properly manage money. Without this, it is almost unrealistic to get a positive result.

  4. #4
    Join Date
    Dec 2020
    Posts
    30
    Those who really want to make good profits from trading on you do not understand that without the ability to manage capital and calculate all the risks, it is impossible to achieve good results.

  5. #5
    Join Date
    May 2020
    Posts
    1,473
    Forex really allows you to make pretty good money. At least so far I was actually able to get pretty good money in this industry without any questions.

  6. #6
    Join Date
    Aug 2020
    Posts
    157
    Making a consistent profit in the forex market is hard. Traders need a proper trading plan and strategy to achieve this kind of success. Practice makes a man perfect. So, practice in the demo account as much as possible. Master your trading strategy. Thatís why, I am trading with Eurotrader and practice in the demo account, besides real trading.

  7. #7
    Join Date
    May 2020
    Posts
    1,473
    I think every trader understands the risks and opportunities of trading. Especially it is necessary to assess the risks well, because this is a really important aspect for work.

  8. #8
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,136
    Quote Originally Posted by malopis View Post
    I think every trader understands the risks and opportunities of trading. Especially it is necessary to assess the risks well, because this is a really important aspect for work.
    If we are looking to do our trades with the minimal amounts of risks then we will need to formulate such type of trading strategy that can be easily understood by us.

  9. #9
    Join Date
    Jan 2021
    Posts
    346
    experienced traders have long understood that the greater the risk, the greater the opportunity to earn, but also the greater the chance of losing your deposit

  10. #10
    Join Date
    Aug 2017
    Posts
    1,326
    Trading requires a lot of knowledge. It is not possible to make a profit without trading knowledge. There must be a loss in trading and we have to learn from this loss. I practiced the demo for 6 months when I joined the trading as a new trader and during this demo practice, I did a lot of research on trading. I used the demo account of Forex4you at first to know the basics, Still, now I am trading under this broker.

  11. #11
    Join Date
    Apr 2020
    Posts
    1,365
    With the right organization of work in this industry, you can really get a positive result. As for me, this is really important for the trader.

  12. #12
    Join Date
    Jul 2020
    Posts
    734
    In this industry, you can really earn good money. At least I have been working with this company for a long time, and I was able to make real good money.

  13. #13
    Join Date
    Jun 2015
    Posts
    332
    Risk is something you just can’t make disappear. I agree with the above guy about 2% risk. I always go with Ĺ risk reward ratio with 2-3%, I like it a lot with this setting because of lesser risk. I do enjoy it more due to FreshForex broker and their 101% bonus on deposit, it’s sensational and helps me in every way due to no unwanted tags of restrictions or hidden policy, so that keeps me absolutely calm and cool with working.


  14. #14
    Join Date
    Jul 2020
    Posts
    734
    It is important for the trader to be able to manage the work process, otherwise it will be quite difficult to get a positive result. It's really important to me.

  15. #15
    Join Date
    Jan 2020
    Posts
    257
    Demo trading is simply to know how the trading component functions. Step by step instructions to open and close a trade. The most effective method to utilize MT4 for trading. Be that as it may, the genuine learning starts when you begin to trade with genuine cash. Trading with genuine cash includes feelings that reason a large portion of the mix-up. You can likewise utilize demo to test your trading methodology. I am currently trading with Tpglobalfx broker. They have amazing educational resources on forex trading psychology. It helped me a lot. I also like their instant withdrawal and deposit facilities.

  16. #16
    Join Date
    Dec 2020
    Posts
    28
    Of course, we get a good decent profit when we begin to understand and be able to manage risks, but for this we need to give ourselves time to practice and gain experience

  17. #17
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,136
    Quote Originally Posted by Mauricar View Post
    Of course, we get a good decent profit when we begin to understand and be able to manage risks, but for this we need to give ourselves time to practice and gain experience
    If we are looking to get a consistent income from our trades then we will need to use a Reliable Trading system so that the profits can start coming to us.

  18. #18
    Join Date
    Jan 2021
    Posts
    346
    every trader knows that the greater the risk, the more money you can earn, or lose, that's why everyone tries to take at least a little risk in their work in order to increase their profits

  19. #19
    Join Date
    May 2020
    Posts
    1,473
    Only those who take risks always get good money. Otherwise, it is really difficult to get good work results. This is well known.

  20. #20
    Join Date
    May 2020
    Posts
    110
    You always need to remember risk and capital management, will lead you to good earnings, the most important thing is to learn how to apply it correctly in practice.

  21. #21
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,136
    Quote Originally Posted by Dalagrinn View Post
    You always need to remember risk and capital management, will lead you to good earnings, the most important thing is to learn how to apply it correctly in practice.
    We have to understand that managing the Risks in our trading are very important for getting the success. We need to learn doing our trading with SUCCESS

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