Share the tips and strategies for managing risk in forex trading?

[Potuse]

There are tips and strategies of managing risk in forex trading . However, the tips that must be taken into consideration is the use of stop-loss orders, position sizing and the utilisation of diversification . It is important to take into consideration these strategies.

 

[Ernestnari]

The measure used to manage risk is using small amounts from your balance for each trade you want to place. This would reduced the risk of what you would lose in the event that it goes south.