Alright, my friend, let me give you the lowdown on managing risk in forex trading. It's all about playing it smart and not going all-in on one currency. Spread your bets like a high-roller at a casino buffet. And don't forget those stop-loss orders, they're like your personal bodyguard protecting you from big losses. Leverage is a double-edged sword, so don't get too trigger-happy with it. Do your homework, keep an eye on the market, and analyze those charts like a detective on a case. And most importantly, keep your cool and don't let emotions mess with your head. Stay focused, stick to your plan, and you'll navigate the forex jungle like a pro.
Oh yeah, don't forget to research risk management that might be suitable for you. You can learn from many articles, such as from this link or YouTube videos or else