Forex Trading Risk Management Tips and strategies.

[catherinacrowley]

I believe it is more important to manage risks than focus on the profits. A trader should always calculate the risk even before calculating profit. It is important to ensure that even if you do not make profit, you also do not lose.

 

[Accretion]

Very well explained tips for risk management. For strategies, I would like to add that do not expect someone else's strategy to work for you right away. You will either have to spend some time trading with it or modify it according to your style to gain profits from it.