Trading Bonus Free 25€ / No Deposit Required : https://goo.gl/nXSPZ7 Free Forex Tools : https://goo.gl/CdbSGV Risk Managment Forex Trading - Forex Trading Course Ep.6 Forex risk management can make the difference between your survival or sudden death with forex trading. You can have the best trading system in the world and still fail without proper risk management. Risk management is a combination of multiple ideas to control your trading risk. It can be limiting your trade lot size, hedging, trading only during certain hours or days, or knowing when to take losses. Risk management is one of the most key concepts to surviving as a forex trader. It is an easy concept to grasp for traders, but more difficult to actually apply. Brokers in the industry like to talk about the benefits of using leverage and keep the focus off of the drawbacks. This causes traders to come to the trading platform with the mindset that they should be taking large risk and aim for the big bucks.
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Duration: 45m 57s
Rating: 48