Risk is vulnerability to harm, however that presents itself.
i have seen sometimes after having risk management the result of trading be useless , actually there is nothing 100% in Forex trading.There is risk everywhere. However, in order to protect against risk in trading, a risk management strategy must be learned like the use of stop-loss to limit your losses.
You're right, our emotions and actions should be in control and according to the understanding of market only that shall help to us to perform mindfully.The biggest differentiation between “market risk” and “trader risk” is how they can be controlled. Market risk is uncontrollable – I am at the mercy of the markets. Trader risk is controllable, as I can react to the market however I choose.
Yes I agree, risk management is very important but having an logical mindset to set some boundaries for limiting losses is also very crucial as it will always keep oneself safe from unnecessary risks.There is risk everywhere. However, in order to protect against risk in trading, a risk management strategy must be learned like the use of stop-loss to limit your losses.
Yes I agree, risk management is very important but having an logical mindset to set some boundaries for limiting losses is also very crucial as it will always keep oneself safe from unnecessary risks.