Is there a way to eliminate risk fully?

[uncle gober]

so traders can take advantage of the demo account contest provided by Tickmill as well as possible, it is necessary for traders to become better and more maximal again in improving profits and trading experience he has dnegan good and more maximal again.

[uncle gober]

so traders can take advantage of the demo account contest provided by Tickmill as well as possible, it is necessary for traders to become better and more maximal again in improving profits and trading experience he has dnegan good and more maximal again.

[gaban]

so traders can take advantage of the demo account contest provided as well as possible, it is necessary for traders to become better and more maximal again in improving profits and trading experience he has dnegan good and more maximal again.

Traders in continuously improve trading ability that is one way that we must run, this forex business is a business that has a very big risk role. For that, always keep trying to learn and learn to be able to understand the management of trading profitably

[uncle gober]

very true, one of the ways that he can do is to conduct an evaluation. traders can take advantage of Tickmill demo account to be able to conduct an evaluation, it is necessary so that traders can fix errors that exist in the trading system they have.

[cokodot]

We just be able to minimize the risk in forex trading. We just be able to try how to minimize risk that we will bear here. In forex, we need to learn to manage our fund. And we also must be discipline when trading. I usually use SL and TP when trading with FXB Trading to minimize the risk. 

[uncle gober]

the use of SL and TP itself is profitable and helps the traders in the forex trading process. but if trader incorrectly placed the position of SL and TP. then not the profit earned, but the loss. SL and TP position placement must be absolutely right so as not to become a boomerang for ourselves.

[gaban]

the use of SL and TP itself is profitable and helps the traders in the forex trading process. but if trader incorrectly placed the position of SL and TP. then not the profit earned, but the loss. SL and TP position placement must be absolutely right so as not to become a boomerang for ourselves.

SL and TP is a very important role for every trader, with us put SL and TP then we can trade with the risk we can manage well. Maybe that would be good trader before plunge in real trading it try to keep the learning in preparation and readiness on the run, the risk is very large, so traders improve the science of trading where we can facilitate this trading on the run

[pepy]

SL and TP  are just tools to limit the risk and not to reduce it at all. If you want to eliminate the risk, the answer is pretty simple and straigthtforwards, DON'T TRADE. Trade in forex means the risk, opening a position and close a position also included. We speculate on the market and not for investment.

[gaban]

The risks that exist in this forex is very large, so it should be where as a trader it continues to do in learning. Moreover, the existence of learning stages there will be results that we can get. Keep learning because learning is one of the keys to success

[Sininfinity]

SL and TP  are just tools to limit the risk and not to reduce it at all. If you want to eliminate the risk, the answer is pretty simple and straigthtforwards, DON'T TRADE. Trade in forex means the risk, opening a position and close a position also included. We speculate on the market and not for investment.

 

"DON'T TRADE" lol.

 

Well that's one way to put it. Simple thing is if one wants to gain then he or she should be able to accept the risk. There is no such thing as risk free trading.

[Gee Dee]

No. a forex trader can try to minimize his trading risks by adopting proper risk management approaches. But he can’t fully sure that he can eliminate his trading risks fully, especially when forex remains in a very uncertain situations. It is true that if a trader can use pending orders like stop loss, trail stop or take profit, he can at least hedge his wealth positions to a greater extent.

 

[Vaabum]

It seems to me that risk in trading is quite normal. For most often the risk can be quite generously paid.

[FXOpen Trader]

On 9/19/2022 at 1:36 PM, Vaabum said:

It seems to me that risk in trading is quite normal. For most often the risk can be quite generously paid.

We will need to bring down the market risks.

[Guerrero]

No, you cannot avoid risks in trading, it is based on taking risks to obtain higher profits. But you can avoid certain risks in trading by using reliable brokers.

For example, I trade with FP Markets to avoid being scammed since they have regulation from ASIC and their trading conditions are robust.

[ShawnMurphy]

For every venture there is an equivalent risk attached to it. the good in this is that Risks can be managed,can be avoided if properly studied . well except its beyond your power.

[bigxy]

We can only minimize the associated risks in forex trading by doing proper risk management and using of stop lose feature. Also participate in those market conditions where the winning probability is high as compared to other markets. Examples can be major pairs over the exotic ones.

[Namu]

All traders also know that forex has a very high risk. For this reason, traders must have management, so they can manage risk well. Also pay attention when choosing a broker, and don't choose a fraudulent broker like jusfx, because this broker is not transparent.
 

[bigxy]

If you have any bad experience with any broker you can go to the review sites like FPA etc and write your insights about that particular broker. Either the broker will clarify the mistake or otherwise traders get alerted about that said broker. BTW what exactly happend to you, did you try trading with that particular broker..?

[radex78]

Risk in trading always be there, every single trade in forex trading has potential gain and loss with at least 50:50 percent, and our first loss is taken by a spread broker, so choosing a low spread broker also matters in forex trading to reduce transaction cost, here I use FXOpen because this broker regulated on ASIC, FCA, and Cysec, and offer low spread from 0.0 pips in major pair, and possible getting negative spreads if use TickTrader platform.

[James Mcgrant]

You know, most of the time, the trader is entirely to blame for whatever happens to him. Assume he has a bigger share of the risks associated with forex. In order to take command, he must first recognize the need to rein in his own excesses. That is the only way you can stay afloat while trading.

[radex78]

No risk no gain in forex trading, if traders want to get profit from trading, they must take the risk, and in the forex market basically, the price is dynamic and sometimes unpredictable, we may face mistake analysis despite already tries make the best analysis. It is impossible to eliminate the risk fully. Loss is part in trading sometimes inevitable. But with patience waiting for good momentum, the risk could be minimized.

[hastral45]

Risk cn only be eliminated by being financial disciplined. While you are trading, don't use big lot size. Use small lots size irrespective of the amount of your capital. Also don't go against the trends in the markets. 

[radex78]

Risk in trading becomes part of forex trading, we can't fully eliminate the risk in trading, however, we have the minds to control these risks based on our preference. Forex risk management is also important to keep our trading on the plan to reach the final goal, however, the golden rule for investing money in a high-risk business including forex is just to spend money that affords to lose. 

[ParkChoi]

No, there is no way you can eliminate risk, but it is possible to avoid a few, like scammers, by choosing regulated brokers such as XM, IG, or FP Markets.

[ParkChoi]

No, there is no way you can eliminate risk, but it is possible to avoid a few, like scammers, by choosing regulated brokers such as XM, IG, or FP Markets.