Risk management and electronic trading on the market
Risk is all around us. We constantly risk something - our lives, relationships with our loved ones, money... But if previously it was possible to escape from this in the virtual world, now we are surrounded by danger even there.
Many people are now making money online. It's electronic exchange traders, freelancers, copywriters, and many others. Most of all, of course, you can earn from currency trading. This is the most profitable, but perhaps the most risky environment, because working as a freelancer, for example, no investment is required.
Manage your risk on
In order to earn more and safer, you need to implement risk management. In this case, the risk of losing equity is close to zero. The main thing is to correctly formulate trading system And don't forget to use it, as often happens among newcomers. They just don't yet understand the seriousness of their real job trader on the - do not fully realize that at any moment they can lose everything they have worked so hard to earn over many weeks.
As a rule, when a person comes to foreign exchange market he hopes for a quick victory. Of course, all this could be called adolescent maximalism, if a grain of hope is born in our hearts, it takes a long time to curb this feeling. Such newly minted traders lose their initial deposit very quickly.
Most of them leave the exchange for good after that, considering it a scam and a scam for those who have nowhere to put their money. "Just a very good, expensive advertisement," is what disappointed players think of the huge number of positive reviews of successful players. Few people try to figure out why they lost. But the answer is really simple. risk management.
A beginner doesn't know what it is. And yet risk management runs on trader, helps him succeed in the marketplace. What it includes risk management?
Risk management - is a set of special rules, which should not be started by any means. No matter what the market situation is, these rules are the same for all situations. Of course, every trader carries out risk management independently - it creates its own list of bans. But on the Internet you can find many useful recommendations, common to all parameters. Then you can independently analyze the opinions of various traders and based on them derive your trading system.
This risk management can be developed endlessly, because with experience comes the understanding of many truths that the trader did not know at the beginning of his career. Didn't know, or simply forgot to mention.