Then, I open another 5 lots, charts began to move against my will. With floating minus position is large enough, my lyrics my equity, my stay $ 800. While a cold sweat, my heart said, "Quiet, quiet, moment graphs definitely turning." However, the reality speaks another $ 450 equity now lives alone. Agency began chills, heart feels chaotic, food on the table no longer favors, and pillows were not soft anymore.
Finally, the moment of doom arrived, I was hit by a margin call account. The work year yesterday, just disappear. I started the story to my friends, "I Broker fraudsters, scam. They took my money, many times when I want to profit requotes big, slow execution, (really sorry bener black sheep). It is the only outlet in which I could not accept the fact that the money I earn with hard work, just disappear. What does that mean? What I bet here is too big, much bigger than I can burn Relax. The solution? RISK MANAGEMENT. Play in a zone that is right for you.
If I may define, Risk or Risk, is a failure, a disadvantage, or the worst that might happen to a person. And in the world of forex, the risk can be defined as a loss of capital that you traded. So, Risk Management or Risk Management within the forex world is how you identify existing risks, analyze the appropriate level of risk for yourself, and then decide how you are going to invest in forex.
In forex trading, the loss is very possible, the chances of winning-losing is 50:50. Thus, the loss is likely to be unavoidable. With good risk management, we can control our capital and minimize losses when the loss, so that when it happens, we're not too shocked. Perhaps the one thing that needs to be asked before opening a position, or maybe before trading, if this money, or a portion of this money runs out, what happens to me? If the answer is, "Well, I might not sleep 3 days and 3 nights" or even extreme "Arrrgghh, let me die first", then you should think again. Minimize capital that are included, up to the point where you can accept the risk. If it repeatedly reduces capital plan that was about inclusion, but still think so, then investing in the forex world does not seem to match the level of risk to yourself.
If you've been able to determine, "I'll play with umpteen capital", whether it is 1% of total assets, 5% or 10%, it does not matter, as long as the level of risk is appropriate and acceptable. Then the rest of the capital that has been put, what percentage would diresikokan case of loss? For this, it is recommended not to exceed 5%.
Besides loss, other risks that may occur is a scam broker, or agent of embezzling funds. It also makes us lose capital. Therefore, make sure the broker selected is either a bona fide broker, and do not believe in any person who want to help you invest in a particular broker.
Looking at the profit opportunities and the loss of the same amount, 50:50. So we can draw the conclusion, that it is unlikely we will continue to benefit, without loss of any 1 time. If there is a profit to sell something that says 100% or 99%, the strategy is never lost, and so forth, can we trust it? Of course, very difficult to change 50:50 to 100:0. We need to find the information carefully, buying promises unclear results also include a loss, and this is also a risk that could reduce our capital. Accuracy we will minimize the risk of things like this.
This is a preliminary description of the principal risks of forex, and importance of risk management. In the next article I will try to give you some tips on what should be considered to minimize risk, including how to analyze your risk profile or level, so trading will be safer, more comfortable and produce. Trading forex is not as big profitable in the shortest possible time, but rather on how some of the money you invest is able to provide a satisfactory return to risk can be tolerated.
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