Which risk factor should we eliminate at all cost while trading?

[Potuse]

We all know that there are so many risk that is attached to forex trading but we should take note of the fact that there is a risk factor that we shouldn't joke with and that must be tackled I would like us to talk about the most important risk factor to eliminate while trading.

 

[Billy]

Well, I would say that there are many risk factors that can affect forex trading, such as exchange rates, interest rates, credit issues, local or regional volatility, low liquidity, margins and leverage, and losing your money. However, some sources suggest that transaction risk is one of the most important risk factors to eliminate while trading. This risk is related to the time difference between contract commencement and settlement, which can expose you to exchange rate fluctuations.

 

[eenya00]

While trading, we should eliminate the risk withing us rather than the risk that are outside and one of the risk factors to eliminate is greed, as this can make you to lose all of your money.

 

[Emmy]

The risk you can eliminate is trading with currency that has high possibility to win or lose. They are unpredictable but you can avoid them by going for 50/50 or less for possibilities.

 

[Danny4cash]

There are many risks that need to eliminate from trading. One of them is greediness. In a simple term, greediness is wanting to make huge profit from forex trading in a day. Greedy people don't know when to close because they are targeting big money.

 

[Yohanna]

There are risk factors to eliminate whenever we are into Forest trading and it is important for each and every forex Traders to look for strategies that could allow you eleminate risks so much.