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Thread: How much do you follow risk management policy?

  1. #1
    Senior Member
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    How much do you follow risk management policy?

    Following strict risk management strategy helps a trader minimize trading risk highly. Forex profit is always enjoyable because only traders know how hard it is to earn from the market. FXOpulence provides a whopping 1:500 leverage, narrow trading spread, advanced technology and a reliable trading platform to traders. They provide all technical tools to traders for better market analysis.

  2. #2
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    I always try to control risks.. I trade with a small leverage, use stop loss and make trades with a small lot, which is calculated depending on the size of the deposit.
    Last edited by Fin_Trader; 06-06-2024 at 06:01 AM.
    opened an ECN account with FXOpen

  3. #3
    Senior Member FXOpentrading's Avatar
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    I use stop loss to mitigate risk, sometimes this feels annoying because may experience after the price hits the stop loss then it goes towards the profit target, but without using a stop loss it is also a dilemma. However, by learning and being more disciplined, I feel that I have progressed in my abilities and achieved profits in risky forex trading.
    I trade at FXOpen

  4. #4
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    Controlling trading risks is very important. This way we minimize our losses on unsuccessful trades. But it is also important to control non-trading risks by choosing a reliable broker for profitable and comfortable trading and not to worry about the money invested in trading. That's why I chose FXOpen and over the years of trading with it I have never regretted my choice.
    opened an ECN account with FXOpen

  5. #5
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    Using micro trading lot size will help you in this regard if you find standard lot size risky for you. Don’t go for using high leverage and avoid trading commodities if you don’t have sufficient trading capital.

  6. #6
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    There are multiple techniques for minimizing trading risk. Using micro trading lot size will help you in this regard if you find standard lot size risky for you. Don’t go for using high leverage and avoid trading commodities if you don’t have sufficient trading capital. LQDFX offers multiple trading accounts including micro with narrow trading spread and high leverage. Their fund security is amazing and reliable.

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