Quote from: South Park on Today at 08:03:16 PM

Quote from: maydna on October 09, 2021, 01:05:57 PM

Quote from: Rehan Zakir on October 09, 2021, 12:49:03 PM

Use technical analysis and fundamental analysis to prepare itself with the market behavior. No one knows about the market that what is the next move of market. We can just predict the market with our analysis that market can move to this direction. So, brother manage your risk in trading. Risk management is the most important key factor in trading.

Risk management is not easy but if we can do that, we can prevent anything that can happen to us because we will have other ways to avoid that. Technical and fundamental analysis can help us know where the market will move and even if we can not know exactly where the market will move, at least we can prepare.

Personally I think that risk management is the easiest part of being a trader, what happens is that many traders do not want to apply its principles because by doing so they are also reducing the profits they could possibly get, and while that is true what they do not understand is that they are also increasing the chances they will actually get those profits, but unfortunately they do not see it that way and only realize too late they should have done so, but by the time they do it there is nothing they can do about the losses they have incurred already.

Not that really that easy as you said because when it comes to risk management then it would particular talks about in all sorts of those normal things which some of them do really need actual experience and skills

for you to make such action.There's no way on knowing the market on advance but using up some common tools or indicators then you do at least know on where it could possibly go on but its not an assurance.

With proper experience and knowledge then you could at least able to handle yourself but dont go that confident.