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Thread: How to minimize risk and maximize profit in forex?

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    diraf1 is an unknown quantity at this point diraf1's Avatar
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    we can get help for learning but practicing on demo is the proper way for learning trading.i improved my trading by participating with various demo contest.by trading on demo contest i traded as like as my real trade and earning success a perfect disciplined trader because you are good at the business only when you trade with ease and discipline , but when you trade without discipline you will surely not be profitable so learn discipline with your trading skills because that is very important for you to grow.

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    if we want to minimize the risk, then we have to manage risks well, and if we want to maximize profits, we must improve the knowledge and skills, forex is a business that is at high risk, and therefore we must have a level of knowledge that is better, so we able to minimize risk and maximize profit.

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    to minimize risk we must know how to make more money. If you lose 10 and gain 30 that is the best thing you can do. Making 10 and gaining 30 means if you lose 3 times than winning only single time will give you good profit so overcome the losses.

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    dont be too greed and rush into the market thinking it will make u rich over night u need to make sure u have a plan of action and stick to it dont over trade cos most newbies like to do this and that is how they end up losing all their money,trade with low lots size or volumes and look for trends in the market

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    I suggest that if you want to minimize your risk in the trading then you need to have find the trend of the market well and it is the thing which lead you toward the success in the trading i think if you being a trader able to find the trend or moment of the market and analysis it well then you will reduce the risk in the trading and make the maximum profit secondly you will need to have the good strategy in the trading and trading with the discipline if you want minimize the risk and want to maximum profit in the trading.

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    minimize risk and maximize profits, both of which are the most important thing in this forex trading business. ie minimize losses by using stop loss strategy in the trade that we do. whereas in order to maximize profits, then we have to make frequent use of trade and take profit as the profit targets we want to get.

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    By taking the good experience and avoiding greedy in Forex market may save your account and minimize the risk, and increases the chances to earn more and more profit from this market fluctuations. Risk should be minimize by patience and taking the good analysis about the price action.
    Knowledge is The Best For gain The Success






    Think about your goal

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    international currency trading is very risky and intensely profit able for all trader but for earning needed more knowledge and experience. if we can make a few or little earnings and extremely slowly then we can be able to minimize in currency markets.

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    money management system can indeed help us to be able to minimize the risks, with good money management you will adjust perapa lot that must be used every time you make a transaction, profits were obtained might be a little small but consistent when we have to use it.

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  12. #30
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    I think how we can minimize the risks and increase the profit that we can get from the market, that is with the technical and market understanding that we have today.
    Because if it is good enough and qualified in reading the pattern of market trend well, then we can lower the level of trading risk, and increase the amount of profit that we can get from the market.

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