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3 Steps To Proper Risk Management

Raymaxfx

New Member
Youve been having problems with money loss in the market?
the answer to that question is clear
. I'd like to use an example. It's like going fishing without a fishing rod, fishing basket or even without a boat, you won't fish!
You need knowledge!

So these 3 steps will help you prevent money loss.

Step 1: PATIENCE, PLANNING AND ANALYSIS
Always have in mind that trading is risky if you can't apply risk management and don't enter a trade without proper planning, patience and analysis.

Step 2: LOTS AND LEVERAGE
Picking a bigger lots is like going to a battle field with needle.
Choosing a better and "lower" lot size and leverage
will help prevent burning you account.


Step 3: REWARD RATIO
Always compare your profits and losses to help prevent future losses
 

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