The foreign exchange (Forex) market is the largest and most liquid financial market in the world, with a daily trading volume of over $6 trillion. While Forex trading can be highly profitable, it also carries substantial risks. This is where risk management in Forex comes into play. It is a critical aspect of successful trading that helps traders avoid significant losses and safeguard their capital. Understanding Forex Risk Forex trading involves the exchange of currencies, where traders speculate on the price movements of one currency against another. Also, on Forex, traders can trade almost any financial directives ... (full story)