General Effective Risk Management Strategies for Forex Traders

[hzzjav123]

Learn how to mitigate risks and protect your capital through proper position sizing, setting stop-loss orders, and diversification

 

[photize]

Learn how to mitigate risks and protect your capital through proper position sizing, setting stop-loss orders, and diversification

R:R is the base for trading thats basicly all there is to control you could even trade without charts if your R:R is managed

 

[Fin_Trader]

I control trading risks primarily by setting the lot size in transactions according to the rules of risk management, using stop losses in my trading and finding entry points into the market with a risk-reward ratio of 1:2 or 1:3. To minimize non-trading risks, I trade with a reliable broker with a long period of work in the market, regulation and favorable trading conditions.