Risk management Tools

Trading Discussion Risk Management Practices
1

i need to know more details about the risk management tools can be used in trading

2

You can use stop-loss orders, position sizing, leverage control, diversification, and automated systems. The best place to learn these is the School of Pipsology, but here are other places that can be helpful:

  1. Investopedia
  2. Forex.com
  3. Admiral Markets
  4. Forex Academy
  5. DailyFX
3

Welcome to the community! On risk management tools, couldnt have said it more better as @Emi.s outlined… You’ve always got your stop loss and leveraging there, to learn more on how to use and apply them, Babypips School of Pipsology got you covered.

Warm regards,
Ayọ

1 Like