Please take a look around, and feel free to .
Don't know why, but this post made me reminding of a joke "No money no honey"Yes if want to gain hence we need take the risk, no risk no gain many trader said with this statement, and because forex trading is risky which not always we can making accurate analysis hence risk management is included important part in trading
Oftentimes traders risk, when they don't have to. Risk should match the expected profit. In my opinion, less profit with minimal risks is better that a large expected profit with high risk of losing.
Better to take that amount of risk to which we can afford to loose, and if we cannot afford to loose better not to trade.
There is no fixed amount of money you can lose in a trade. An acceptable risk depends upon the size of your trading account. Trading is all about managing risk.