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Forex Risk Management

Discussion in 'Forex Forum' started by George45, Sep 21, 2022.

  1. George45

    George45 Member

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    Risk management in the market should never be overlooked, it is an essential but often overlooked prerequisite to successful active trading. After all, a trader who has generated substantial profits can lose it all in just one or two bad trades without a proper risk management strategy. So how do you develop the best techniques to curb the risks of the market?
     
  2. Nathan

    Nathan Member

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    An effective strategy requires proper planning from the outset, so it is better to have a risk management plan in place before you actually start trading.
     
  3. George45

    George45 Member

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    Th
    This is why a sequential plan is important as it allows the trader to have a rational approach and form a solid foundation for further work.
     
  4. Nathan

    Nathan Member

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    So true, and make sure that plan is followed to the latter no matter what.
     
  5. George45

    George45 Member

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    Yeah man, thanks for the advise!
     

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