That we agreed that risk avoidance is not always possible, we know that it is still very necessary part in forex trading career. You should try to minimize your risk in almost all costs - whenever possible. Over and over again, I saw that the bad discipline in trading, especially with amateur execution of trades, can lead to significant risks in the investment with very high loss ratio.
According to most forex traders, I think if asked what is the only trap that can be avoided in cases of large losses is simply not having enough capital on hand to avoid risks. Can fall into this trap, which will cause additional pressure and reduce your choices, especially when there is a decline for a certain period in the currency pairs, and therefore, your chances of taking a wise decision of the trade is a little closer to zero.
Each veteran forex trader realizes that bad money management, in any way, is always a negative thing. Sometimes, I might have noticed, it is possible that even the most experienced trader, from time to time, you may need a little help in the trade, only to get the best and make the most of today's trading. Here is the key: as long as traders are trying to improve themselves and develop their knowledge and expertise to work, their best chance for long-term profit
