To manage this risk, what some do is make a simple guess to estimate the potential loss involved.The problem though is this doesn't take the full picture.
With higher than normal volatility in most financial markets at the moment, it's worth reviewing your risk controls and money management. Here are 7 easy tips that will help to lower risk when trading foreign exchange and any other market.
When used correctly, leverage can help you to achieve much bigger returns than you’d normally be able to with your own money. As with all things, leverage needs to be used carefully and in moderation.
It’s often said that how you deal with your first major loss will define you as a trader. Which route you end up on will depend on your personality type.
A poor understanding of risk and money management means novice traders frequently experience severe losses and sometimes a complete loss of their capital.
What returns can you really expect from Forex trading? Television commercials, online ads, email blasts and pitchmen of all kinds extol the financial benefits of investing in currencies..