10 ways to manage your risk
1) hedge your forex posintion
2) trade with pre-determined lot size(use a proper position size calculation process)
3) trade only on more profitable periods or days and week (refer to your tradding journal or trading, history to determine that trading period)
4) diversification (creating a balanced port folio)
diversify across many differnet asset classes
5)________________________________________________ ________ buy
__________________________________________________ ________S/L
6) trade the more pridictable pairs ( higher liquidity ==> predicctability)
7) only trade and invest in assets that you understand
8) maximum draw down or risk per trade
9) have a good
R : R ratio
1 : 1 never do that 2 : 1
10) appropriate leverage
like that 1 : 400
if you use these such proper tricks in forex trading I don't think that will have loss so use these appropriate points as you have a good profit thanks
1) hedge your forex posintion
2) trade with pre-determined lot size(use a proper position size calculation process)
3) trade only on more profitable periods or days and week (refer to your tradding journal or trading, history to determine that trading period)
4) diversification (creating a balanced port folio)
diversify across many differnet asset classes
5)________________________________________________ ________ buy
__________________________________________________ ________S/L
6) trade the more pridictable pairs ( higher liquidity ==> predicctability)
7) only trade and invest in assets that you understand
8) maximum draw down or risk per trade
9) have a good
R : R ratio
1 : 1 never do that 2 : 1
10) appropriate leverage
like that 1 : 400
if you use these such proper tricks in forex trading I don't think that will have loss so use these appropriate points as you have a good profit thanks
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