You may have come across the subject of the Risk Management under different names, such as Money Management, Risk Management, Trade Management, Order Management and so on. Call it whatever you like but one thing is indisputable, it's the essence of trading. The most important aspect of trading. It's almost the holly grail of trading.......
Ignored
The whole article may be viewed here. As can be seen, using S/D zones for entries forms a critical part of the strategy, i.e. it is much more than merely risk management.
IMHO any suggestion that risk management is, by itself, the holy grail is somewhat misleading. It's merely one important part of the total equation.
Whatever the trading system is, I believe there is nothing like Holy Grail in Forex! Since, it’s all about certainty, so loss is obvious here! But the fact is, pro traders I mean which traders have enough trading skill they are able to recover their losing trades position so quickly! In my early stage I found only 65% success ratio from my strategy, now it provides me above 70%.
