risk management

Merk Porter

Junior member
44 0
Many traders are taking good interest in the field of currency exchanges since currencies as securities is more stable than other securities like equity or bond. Yet, the instability of various domestic economies is making forex as a challenging field. Thereby a trader will need to continue his risk management approach. And derivative market has been introduced as a risk management approach to help the traders to keep their wealth position intact against the unwanted price fluctuations of currencies.
 

hatemypips

Well-known member
315 11
Many traders are taking good interest in the field of currency exchanges since currencies as securities is more stable than other securities like equity or bond. Yet, the instability of various domestic economies is making forex as a challenging field. Thereby a trader will need to continue his risk management approach. And derivative market has been introduced as a risk management approach to help the traders to keep their wealth position intact against the unwanted price fluctuations of currencies.
Do you know any hedging strategies which help to mitigate risk like options hedging or something else?
 

Xevield

Junior member
22 1
Trading is a game of taking risks and managing them properly in order to convert your losses into profit. A good manager is always a good trader. I am following this quote from the start of my career and I am a good manager. What about you people?
 

J_C_Anderson

Member
99 14
The main risk management advices are:
- Set daily max.loss limit and split in among all your trades,
- Always stop trading after you hit the limit
- Have a break after loosing day
- Never risk more you can afford to loose.