How do you manage risk in forex trading?

[NoShowBrooks]

I risk not more than 1-2% of my capital on the trade and when I am not very sure, I keep my lot size/leverage small.

 

[ChelseaR]

I risk not more than 1-2% of my capital on the trade and when I am not very sure, I keep my lot size/leverage small.

Another good thing would be to put stop-loss orders for every trade. It’s not about how much you are risking, but the trades you run should not be left unchecked if the market moves against you.

 

[NoShowBrooks]

Another good thing would be to put stop-loss orders for every trade. It’s not about how much you are risking, but the trades you run should not be left unchecked if the market moves against you.

Yes, you are absolutely right!

 

[NatureGirl]

I risk not more than 1-2% of my capital on the trade and when I am not very sure, I keep my lot size/leverage small.

how many trades U usually make each day week or month?

 

[NoShowBrooks]

how many trades U usually make each day week or month?

I usually make around 3-5 trades a day, but it depends on the market conditions and clarity of setups.

 

[NatureGirl]

I usually make around 3-5 trades a day, but it depends on the market conditions and clarity of setups.

yeah for sure. thats definitely the best move U can pull. it all depends on whats goin on in the market and how clear the setups are.

 

[rmufti68]

3 - 5 usually a day seems like you are a scalper.. which time frame do you prefer intraday and which session is good in your opinion?

 

[Zane Brown]

Never trade all your funds, and use SL and TP. That would be good for the start.

 

[Major-M]

to avoid risks feel like you are in the shop - you have only 50$ to spend - that's your budget, no more

 

[David79]

to avoid risks feel like you are in the shop - you have only 50$ to spend - that's your budget, no more

Do you treat your capital the same way?