To be able to survive in the forex market that has a high risk, in my opinion there are two keys, namely trading plan and good money management. The trading plan will direct us to the trading goals that we want to achieve, and the trading plan is also equipped with how to achieve that goal. The goals or targets to be achieved should be realistic or reasonable so that we don't over-exert ourselves. We will trade with direction if we want to be disciplined with our trading plan.
For money management it is very important to survive in the forex market, because by paying attention to money management we can calculate more carefully the size of the transaction volume, the target to be achieved, and the loss limit. By using good money management, even though we are wrong position we can still survive because the risk is measured, so even though we experience loss we do not experience MC. Then from the remaining capital we can continue trading, first aim for BEP first and then after that we think to make a profit. Maybe that's what I can say to be able to survive in the forex market.
