All the points are highly important to maintain risks in forex trading. A good read, and informative post. Also, I would like to add a little info. When a trader forms a strategy, I feel it is really important to backtest it through a wide range of historical data. Not only for the sake of doing it, but backtesting your strategy can actually help you find a profitable entry and exit range. It can help you manage your risks so that you can enter at a certain price level that has the most probability of giving you a profit.