Risk management plan of forex trading

[Aaron_0]

The better the risk management strategy is, the higher the return is. Our lacking is that we mostly fail to develop a concrete risk management policy that lead to ill fate.

 

[SaadBinToha]

I always focus on minimizing lot size and trading in low spread-consuming trading pairs and it helps me follow risk management in trading.

 

[Ethan]

Risk management helps a trader cut down losses and some traders prefer hedging as part of risk management.

 

[SaadBinToha]

Better understanding of the market will make it easier for you but trade with a regulated broker. Keep in mind that a scam broker can make you suffer a lot.