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Risk management policy

Risk management strategy is a tool that must be maintained in trading to gain profit. Towering leverage and trading in standard account will carry massive amount of risk for you. So, avoid trading with high risk as it consumes your capital. Stay careful about broker choosing.
 
Draw your fibonacchi level according to the support and resistance level. Proper drawing of fibonacchi will show you the strong and weak point of the market.
 
That's right, because that result will never betray the effort. Then it is very important for traders to be able to improve their trading skills and skill in order to generate profits with risks that can be minimized well.
 
High risk consumes our capital gradually. Use indicators and market analysis and consider global market situation as part of this analysis.
 
Use different trading methods over time to cope up with the changing market environment. Forex goes through different situations owing to economic instability.
 
Better risk management helps traders survive in the market for a long time and risk management involves lowering leverage size and trading in small-spread consuming pairs.
 
In forex, risk management involves strategies to minimize potential losses. This includes setting stop-loss orders, diversifying investments, limiting leverage, sizing positions appropriately, and continuously reassessing risk tolerance and market conditions.
 
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