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The Importance of Limiting Risk

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The Importance of Limiting Risk in General Forex Discussion_xx
Good morning Trader's friends, how are you today? Are there still people who are troubled because there is a position hanging because of a trapped minus?



I want to invite friends to ponder for a moment about the importance of limiting risk. Try friends, think about how many times we MC and what causes us MC. Most of the causes are that the arena is over lot and does not limit the risk of entry. I want to tell you a little about my experience at the beginning of trading. In the beginning when I started trading with quite a lot of funds, in my opinion, around 30 million, when I entered the market I never used SL because I traded with scalping, like a newbie in general, I applied the original technique of close blue, this technique does seem cool because I can collect profits quickly, but the problem is when my position is wrong I tend to leave it so it makes my margin drained and ends with the MC. Another problem that I face when not using SL is that I often come out of my trading plan, for example, my plan will come out if I have ploating minus 50 pips, but what happens is that when I have minus 50 pips I tend to be unwilling and feel heavy to make a cut loss, as a result I actually added the position again in the hope that the price will return, but what happened was the price continued until finally my MC account returned .. This happened repeatedly, if I had my total loss in forex maybe more than 100 million. But since I limited the risks and discipline to the SL, thanks to God, I have never felt the name MC.



I am reminded of a story, where there is a hunter who wants to catch a greedy monkey, the way the hunter catches the monkey is to punch a coconut shell the size of a palm, then the hunter puts food in the coconut shell. In the end the monkey put his hand into the coconut shell and grasped the food tightly and he did not want to let go of the food because of its greedy nature, consequently his hand could not come out and the hunter easily caught it.



Now the lesson that we can draw from the story is that we don't become the monkey, which is only because of food he is willing to risk his life. If only the monkey would let go of the food contained in the coconut shell, of course he would be easy to escape. Likewise, we are trading if there is a Ploating minus that we face outside of our trading plan, we should not hesitate to cut losses so that our account can be saved. Maintaining prolonged ploating minus is the same as maintaining cancer disease which if not immediately removed it will spread to other bodies causing death.






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#1 - February 04, 2019, 01:08:27 AM
« Last Edit: February 09, 2019, 02:38:56 AM by zanurreload »

  • The Importance of Limiting Risk in General Forex Discussion_Emilio_Estevez
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The Importance of Limiting Risk in General Forex Discussion_xx

Good evening brother, reading from what you share is very good, sharing previous bitter experiences when you jumped into the world of trading, and I think that until now there are still MCs or margin calls, all those who have problems are psychology, and don't manage management well, Regardless of the capital deposited if we are not aware of the importance of good management, we will not achieve success in trading, logically by depositing large amounts of funds, it is certainly easy to manage management with a low risk entry, thank you.



#2 - February 06, 2019, 01:21:07 PM

  • The Importance of Limiting Risk in General Forex Discussion_Brad_Pitt
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Helo, good news guys, what did you experience now I was in that situation, when I was floting I even left the order for two days, then what happened was the MC, I learned from my mistakes in trading, this is a bad thing , in my opinion we have to be able to arrange a good trading plan and be consistent with profit, I am sure if the money management is well managed everything will be fine and far from the MC.


#3 - February 06, 2019, 05:19:12 PM

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The Importance of Limiting Risk in General Forex Discussion_xx
to prepare limit risk , First need to understand the benefits of using risk management. 
After testing your trades on a free Demo trading account, you can trade with real money. 
Always use a stop loss which allows traders to limit the risk per trade.
Traders who use low levels of risk are better equipped to survive,when their systems go through weaker periods. 
Smaller losses may lead traders back into positive territory quicker when their strategy starts to perform better again.
#4 - February 07, 2019, 01:45:50 PM

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The Importance of Limiting Risk in General Forex Discussion_xx
Good morning Trader's friends, how are you today? Are there still people who are troubled because there is a position hanging because of a trapped minus?

I want to invite friends to ponder for a moment about the importance of limiting risk. Try friends, think about how many times we MC and what causes us MC. Most of the causes are that the arena is over lot and does not limit the risk of entry. I want to tell you a little about my experience at the beginning of trading. In the beginning when I started trading with quite a lot of funds, in my opinion, around 30 million, when I entered the market I never used SL because I traded with scalping, like a newbie in general, I applied the original technique of close blue, this technique does seem cool because I can collect profits quickly, but the problem is when my position is wrong I tend to leave it so it makes my margin drained and ends with the MC. Another problem that I face when not using SL is that I often come out of my trading plan, for example, my plan will come out if I have ploating minus 50 pips, but what happens is that when I have minus 50 pips I tend to be unwilling and feel heavy to make a cut loss, as a result I actually added the position again in the hope that the price will return, but what happened was the price continued until finally my MC account returned .. This happened repeatedly, if I had my total loss in forex maybe more than 100 million. But since I limited the risks and discipline to the SL, thanks to God, I have never felt the name MC.

I am reminded of a story, where there is a hunter who wants to catch a greedy monkey, the way the hunter catches the monkey is to punch a coconut shell the size of a palm, then the hunter puts food in the coconut shell. In the end the monkey put his hand into the coconut shell and grasped the food tightly and he did not want to let go of the food because of its greedy nature, consequently his hand could not come out and the hunter easily caught it.

Now the lesson that we can draw from the story is that we don't become the monkey, which is only because of food he is willing to risk his life. If only the monkey would let go of the food contained in the coconut shell, of course he would be easy to escape. Likewise, we are trading if there is a Ploating minus that we face outside of our trading plan, we should not hesitate to cut losses so that our account can be saved. Maintaining prolonged ploating minus is the same as maintaining cancer disease which if not immediately removed it will spread to other bodies causing death.


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Good evening sir, how are you today? Is floating minus complete? I am interested in the discussion above, about good experience and advice about going into the world of forex. Sharing experiences, I have also experienced MCs several times in forex. indeed at first it frustrated me, but I was able to get up from that slump and continue my dream of success in the world of trading. Starting from that I started to fix all my problems when I was MC. Psychology, MM, until I manage capital security as effectively as possible to avoid MCs, although sometimes there are floating minus shadows. My principle even though I am wrong OP and stuck floating minus the long, surely the price will come back again. Because the most important thing is capital security. Thank you, that's my experience and my advice, sir.
#5 - February 07, 2019, 03:47:05 PM

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The Importance of Limiting Risk in General Forex Discussion_xx
Good evening brother, reading from what you share is very good, sharing previous bitter experiences when you jumped into the world of trading, and I think that until now there are still MCs or margin calls, all those who have problems are psychology, and don't manage management well, Regardless of the capital deposited if we are not aware of the importance of good management, we will not achieve success in trading, logically by depositing large amounts of funds, it is certainly easy to manage management with a low risk entry, thank you.


okay, thank you for commenting on my thread. I hope you can learn from what I tell you about the importance of maintaining risk in forex trading.
#6 - February 07, 2019, 03:50:43 PM

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The Importance of Limiting Risk in General Forex Discussion_xx
Helo, good news guys, what did you experience now I was in that situation, when I was floting I even left the order for two days, then what happened was the MC, I learned from my mistakes in trading, this is a bad thing , in my opinion we have to be able to arrange a good trading plan and be consistent with profit, I am sure if the money management is well managed everything will be fine and far from the MC.
yes right, we must be able to learn from past mistakes that we have made, often our past mistakes are repeated again when they are done and make us MC again.
#7 - February 07, 2019, 03:53:18 PM

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The Importance of Limiting Risk in General Forex Discussion_xx
Good evening sir, how are you today? Is floating minus complete? I am interested in the discussion above, about good experience and advice about going into the world of forex. Sharing experiences, I have also experienced MCs several times in forex. indeed at first it frustrated me, but I was able to get up from that slump and continue my dream of success in the world of trading. Starting from that I started to fix all my problems when I was MC. Psychology, MM, until I manage capital security as effectively as possible to avoid MCs, although sometimes there are floating minus shadows. My principle even though I am wrong OP and stuck floating minus the long, surely the price will come back again. Because the most important thing is capital security. Thank you, that's my experience and my advice, sir.
Good evening sir, for today I am lucky because all my transactions have been profitable. You have a pretty good experience, I hope for the next time you always maintain the risk of not MC anymore
#8 - February 07, 2019, 03:56:15 PM

  • The Importance of Limiting Risk in General Forex Discussion_Brad_Pitt
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yes right, we must be able to learn from past mistakes that we have made, often our past mistakes are repeated again when they are done and make us MC again.
experience is a good teacher, or good science too, we are successful because we learn from failure. I hope we can trade well all the time.


#9 - February 07, 2019, 04:00:19 PM

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Good evening sir, for today I am lucky because all my transactions have been profitable. You have a pretty good experience, I hope for the next time you always maintain the risk of not MC anymore
Yes sir I also learned and continued to maintain it so it wouldn't be MC. Congratulations sir because today's transaction brings benefits. I hope it can be like you get profits every day.
#10 - February 07, 2019, 04:06:08 PM

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Yes sir I also learned and continued to maintain it so it wouldn't be MC. Congratulations sir because today's transaction brings benefits. I hope it can be like you get profits every day.
Okay, don't ever stop learning, I also often experience loss, but I learn from experience. Now the results are better.
#11 - February 07, 2019, 04:11:17 PM

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Every beginner trader must experience floating minus even a lot of beginner traders who still often allow the floating to expand and eventually cause the MC.

From this experience we should be able to take lessons and experience and prioritize risk. Risks need to be minimized so that our trading remains safe and far from the MC. If you are not able to do cut loss, we should use a stop loss strategy to limit possible losses.
#12 - February 07, 2019, 05:25:02 PM

  • The Importance of Limiting Risk in General Forex Discussion_Emilio_Estevez
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okay, thank you for commenting on my thread. I hope you can learn from what I tell you about the importance of maintaining risk in forex trading.
yes, I always learn what you actually say, and of course this is where we support each other with shared success goals can be achieved.


#13 - February 07, 2019, 06:15:54 PM

  • The Importance of Limiting Risk in General Forex Discussion_Emilio_Estevez
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The Importance of Limiting Risk in General Forex Discussion_xx
Every beginner trader must experience floating minus even a lot of beginner traders who still often allow the floating to expand and eventually cause the MC.

From this experience we should be able to take lessons and experience and prioritize risk. Risks need to be minimized so that our trading remains safe and far from the MC. If you are not able to do cut loss, we should use a stop loss strategy to limit possible losses.
true, for beginner traders it often happens that way, because there is still lack of knowledge and discipline how to actually run a trading business, I agree with what you say risk needs to be minimized.


#14 - February 07, 2019, 06:19:23 PM

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true, for beginner traders it often happens that way, because there is still lack of knowledge and discipline how to actually run a trading business, I agree with what you say risk needs to be minimized.

As hard as it takes it takes about one year to be able to master trading psychology. Most beginners have more problems with discipline, they want too much profit in a short time
#15 - February 07, 2019, 10:10:25 PM

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