The importance of the Risk Management
The risk management is probably the major aspect of the forex trading.Poor risk management couldmade of a profitable trading system a disastrous one, while a proper risk management could transform a poor trading system in a profitable one.
Many people start using default 0.1 standard lot on $200 even $100 accounts. Some experienced traders do this with a clear purpose in mind, but most of the inexperienced traders just don’t realize the level of risk involved. In more than 50% of the cases, such a risk level is equal to account loss, that is, even with a great trading system.
Full article:
http://binaryeasy.club/blog/2015/11/...ess-emotional/
The risk management is probably the major aspect of the forex trading.Poor risk management couldmade of a profitable trading system a disastrous one, while a proper risk management could transform a poor trading system in a profitable one.
Many people start using default 0.1 standard lot on $200 even $100 accounts. Some experienced traders do this with a clear purpose in mind, but most of the inexperienced traders just don’t realize the level of risk involved. In more than 50% of the cases, such a risk level is equal to account loss, that is, even with a great trading system.
Full article:
http://binaryeasy.club/blog/2015/11/...ess-emotional/