Knowledge and RM is totally different. Knowledge is the experience by the real trading or something. But a risk management is a great analysis to calculate the potential risk. for avoiding risk we have to pass a long time in demo where we can see how it works. before live trading I used my all trading strategies in demo account to see their performance. And this technique always supports me to avoid risk when trading practically in live.
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Thank you peter and wara for nice message. We canât avoid risk, because risk is everywhere in this market. But it is possible to minimize the risk level by means of proper trading plan. And for that we have to be experienced and knowledgeable.
Thank you for your nice comment. I used demo account particularly to see the High leverage performance, this approach discourage me not to take high leverage when trading practically, because high leverage always contains high risk and can vanish equity within very short time.
Welcome. Leverage can be profitable if there is exact trading plan with great risk management approach. Otherwise you can fall a great trouble in particularly when market moves at random. So, before using leverage learn how to manage risk
I have seen so many traders in particularly newcomers always consider leverage as risky elements. But I donât think so. if someone loses by using leverage of course there was non-sense planning with lacking of money management.
Hadden, if you think leverage doesnât contain at any risk please trade with 1:1000 ratio and see how it works. Of course good trading plan supports to avoid unfortunate risk but this is not possible at all to reduce risk completely when using leverage in live account.
sorry. You lost my point. Please go through the message I wrote. i emphasis on good trading plan before using leverage that can make you profitable in spite of risky situation.
I think there is no one in Forex trading who can avoid risk when using leverage in spite of having good plan.
Yes I agree. No chance to avoid risk completely. But by having RM sometimes leverage can bring profit but of course there must be a good trading plan also.
Yeah, I totally agree with u mate 
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Risk management is essential in every business. Because you canât maintain risk, but you can never make a profit. Risk maintenance can cover the loss in trading.
Agreed! Risk management hold an important place, not just her in forex but otherwise too. But sadly, not all traders take this part seriously.
Yes, you are right most of the traders ignore risk management. One should understand that less risk can only increase profits.
How will you explain risk management?
Right! Good risk management is a secret weapon that takes us closer to our goals in forex, however, not all understand this, which is bad.
Indeed no business or work exists without risk, but winners are those that try to manage risk and try formulating strategies for the same.Same is the case with forex, for success and survival, risk management is inevitable.
No business is without risks, but the key to any business is understanding the importance of preventing risks whenever possible in order to prevent losses. After all, less risk should create more success for the business. Also, good risk management helps any business in achieving its goal.
There is a risk in every business but you must maintain this risk. Money management and risk management help to control this risk.
I think risk lies in every business and so is the case with the forex market. But risk also creates new opportunities. So, to gain from those opportunities, you must know how to handle the risk.
Risk is an important factor in any financial activity. We canât ignore it. We should take the necessary measures to calculate and make strategies along with th