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Risk/Money management is key to our plans because it’s sort of base through which we can work out proper scenario and is one big reason how we will be able to perform better and avoid any unnecessary or unexpected hiccups which normally comes when we are trading without money/risk management, so that’s why we got to focus on doing on that direction. I am doing just that and I don’t need to make much effort at all which is to do with OctaFX broker and that’s to do with using their gigantic bonus which is up to 50% and is use able too, so that’s why I like it so much and enjoy trading with them in any situation which keeps me relaxed.

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  • 4 weeks later...

agree with you, do not deny many traders are paying less attention MM and RM at the time of trading, and consequently the profit and risk in may not match expectations. therefore recommended to traders particularly novice traders, to be able to pay attention to MM and RM in trading, in order to get the maximum profit with the risks can be minimized

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Risk money management might be easy but even in this we are required to have skills in order to make it work in our favor. I believe if we have too high Risk/Money Management or even too low then too we can struggle, so balancing is required in order to gain. I always like to keep it balanced and thanks to OctaFX broker, I am able to do it nicely having 50% bonus on deposit which is also use able and really gives me comfort and able to create up good money management especially due to no restrictions over it, so that keeps it all going nicely for me and more importantly, it’s something that keeps me extremely relaxed and comfortable which is biggest prize.

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  • 3 months later...

Using high leverage is not necessarily risky when you are applying good risk management strategy.  High leverage can enable a competent trader with a well funded forex trading account to earn fantastic profits from th forex market within a very short time. 

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  • 7 months later...

Almost 90% traders especially the newcomers are loser from this market place due to lack of exact trading knowledge, so success in Forex is not an easy process, but if you are dedicated about this market place then it is possible to make profit very rapidly. You have to make sure good trading knowledge , trading experience , proper discipline and much more , otherwise you will be loser despite of sufficient trading balance.

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  • 3 months later...

Risk management has become a widely used trading technique that is actively helping trader to avoid or hedge unwanted risk. Various risk management tools are now very popular among the forex traders like: stop loss, trailing stop, take profit or hedging. But before using any risk management tool, a trader should acquire a great deal of knowledge and skills regarding forex market since his analytical abilities and intuitions which steam from experience and educations, can be the biggest insurance of a trader.

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A good trader clearly follows risk management while trading. Without keeping up hazard management we won't have the capacity to keep our capital free from threat. So risk management is especially expected to a trader. We should trade by keeping adjusted parcel measure with my capital. It is really called risk management. A perfect trader used to take after this structure constantly. Since it is particularly important to wind up plainly an effective trader. I am currently trading with MaximusFx broker. They have amazing educational resources on forex trading psychology. It helped me a lot. I also like their instant withdrawal and deposit facilities.
 

TRADE IN INNOVATIVE MANNER WITH MaximusFX
http://en.maximusfx.com/

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