How do you manage risk when trading forex?


There are a variety of risk management strategies available to forex traders. The most common form of risk management is the use of stop-loss and limit orders. Stop-loss orders can be set in the MetaTrader4 platform and are often used to force a position to be liquidated at a predetermined price to limit potential losses. Limit orders work in much the same way as stop-loss orders, but they allow for a limit on the maximum price to be paid.

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