Trading with/without risk management rules | Forex Factory

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Trading with/without risk management rules

  • #1
  • First Post: Nov 19, 2017 10:03am Nov 19, 2017 10:03am
When you exchange without risk management rules, you are in certainty betting. You are not taking a gander at the long haul return on your venture. Rather, you are searching for that "jackpot."Risk management principles won't just secure you, yet they can make you extremely gainful over the long haul. On the off chance that you figure out how to control your misfortunes, you will have a possibility at being gainful. At last, forex trading is a numbers diversion, which means you need to tilt each and every factor to support you as much as you can.
  • #2
  • Nov 20, 2017 2:35am Nov 20, 2017 2:35am
Quoting Hugelee
When you exchange without risk management rules, you are in certainty betting. You are not taking a gander at the long haul return on your venture. Rather, you are searching for that "jackpot."Risk management principles won't just secure you, yet they can make you extremely gainful over the long haul. On the off chance that you figure out how to control your misfortunes, you will have a possibility at being gainful. At last, forex trading is a numbers diversion, which means you need to tilt each and every factor to support you as much as you can....
Basically, there is no why without following proper money management as well as risk management policies! Even, you can lose your money here with your profitable trading strategy or system if you don’t respect these trading rules!
  • #3
  • Nov 21, 2017 3:23am Nov 21, 2017 3:23am
Yes, a trader needs risk management. But who says they don't?
  • #4
  • Nov 21, 2017 4:17am Nov 21, 2017 4:17am
Quoting tomorton
Yes, a trader needs risk management. But who says they don't?

Absolutely, but till now there have so many traders who are using high risk ratio in their trading for making huge amount of money in a short time! Maybe they are!
  • #5
  • Last Post: Nov 21, 2017 9:49am Nov 21, 2017 9:49am
Quoting Hugelee
When you exchange without risk management rules, you are in certainty betting. You are not taking a gander at the long haul return on your venture. Rather, you are searching for that "jackpot."Risk management principles won't just secure you, yet they can make you extremely gainful over the long haul. On the off chance that you figure out how to control your misfortunes, you will have a possibility at being gainful. At last, forex trading is a numbers diversion, which means you need to tilt each and every factor to support you as much as you can....
Yes. Without risk management. All trades are the same. With risk management. Only selective trades are worth risking.

Time is invested.

I recently turn to trading via limit orders. Because I want to have a life. I made more with a few trades but started to lose alot when I ignored the risk to reward assessment.
You're going to pay a price for every bloody thing you do and don't do
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