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For me money and risk both management processes are equally important for forex trading. Because in this business we are playing with this two money and risk. For both management processes I am using AAFX's secure trading platform. They gave me the opportunity to learn about the different risk and money management policies through their educational platform which is totally free for their traders. They also have 0.2 pips spreads and ease of coverage which makes risk minimal in the business.
For successful Forex trading for me both risk and money management are equally important. Because with this two money and risk in this business we are playing. I am using Forex4you the secure trading platform for both management process. Through their educational platform to learn about the different risk and management policies which is totally free for their traders they gave me the opportunity. They also gave me lowest spread from 0 pips and ease of coverage which makes the risk minimal.
As part of risk management, we have to adjust trading lot size and put our trades at risk considering our ability. If you don’t have sufficient trading skill, luck won’t support you so first try to flourish your skill and then see your luck. FXOpulence allows traders with a reliable trading platform that allows EA trading smoothly.
Traders who have already ventured into forex certainly know that forex carries very high risks. Therefore, it's advisable to thoroughly understand how it works and make use of all the facilities provided by the broker. This is done to ensure that you can conduct forex trading to the maximum and profit with Tickmill as your broker.