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Forex Trading How do I manage my risk in forex trading?
avatar Catkathy
Question by: Joseph - 19 May 2017, 07:22:13
How do I manage my risk in forex trading?
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<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
Answers (1)
avatar user 12545
Answer by: Jeremy - 19 May 2017, 07:33:17

The most common risk management tools in Forex trading are the limit orders and the stop loss orders. A limit order places restriction on the maximum price to be paid or the minimum price to be received. A stop loss order sets a particular position to be automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position.

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