For me, risk is every move you make in the forex market. It’s not just the losses you make but also the profits that involve risks. There will always be a financial risk when you trade forex. So, better prepare your mind for the stress it may bring with it.
There is no trading without risks. If there were no risks, there would not have been any market, no winning traders, and no losing traders. Only some minor international currency transactions would have been taking place at the airports for the travellers and tourists.
Risk comes with unguaranteed rewards. So, as others say, “traders should take risks that they can afford to lose.”
risk is a thing that we the traders cant avoid after having good knowledge , just we should know how to manage it.
Risk is the mainstay of your trading career. Whenever you are trading, you are taking a risk. There is no way out.
For me, risk is the possibility of losing money. The best tool for avoiding risk while trading is the stop loss.
stop loss is important to use but the main problem is which time is appropriate to use this approach.
Forex Trading is as risky as you make it! In order to avoid losing trades, it is better if one can opt for a well-regulated broker and can also opt for copy trading platforms as it allows you to follow the best trader's strategies. However, if you want to do it manually, it never hurts to try out the strategies in the demo so that you can evaluate what works and what causes problems.
sometimes after having most powerful analyzing trade knowledge our any kind of trading approach can be useless. this is a real character of this market.