And the onus on everyone else. Good job so far, if that is your objective and not to elucidate and "mentor".
not sure what you meant by that' be more clear in the way you speak' i dont have a formal education... anyway lets see what everyone else can come up with' go ahead and describe what you think proper risk management looks like' give it your best shot. no pressure there are so many ways it can be done successfully. lets make a huge list of all the variations...
Take less risk. In the beginning, it's more important to establish winning habits and learn how to be right than it is to cash in.
@AttoCEL, do you know a consistent profitable Forex signal provider ? I mean as insurance for themselves there could be such traders providing signals (e.g. on telegram channels, easy to setup). Like on banks and funds when they do not trade their own money. So with paid subscribers they could cover their fix cost for some years.
I would stay away from signal services. learn how to trade so you dont have to depend on anyone. thought that was the whole point. i laugh when i see people treating this as a hobby' there is no place for laziness in forex' you will get chewed up