How forex risk management work?

[Faillims43]

Forex risk management involves strategies to minimize losses in currency trading. Key methods include setting stop-loss orders, diversifying portfolios, using proper leverage, and hedging with correlated assets. Traders also analyze economic trends and volatility to make informed decisions, protecting capital while maximizing potential gains.

 

[Thaddeus Finch]

I trade more intraday, but sometimes wait longer, not always. How about you?

I tend to lean towards swing trading myself, holding positions for a few days to catch more significant moves. I find it helps avoid the constant stress of intraday trading. Do you ever find yourself adjusting your approach depending on market conditions?