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The Importance of Risk Management in Forex Trading
Risk management is the backbone of every successful trading strategy. Without it, even the best setups can lead to ruin. Traders often make the mistake of risking too much per trade, ignoring stop-losses, or letting greed take over after a few wins. How to improve: Use stop-loss orders, set realistic profit targets, and never risk more than 1–2% of your trading account per trade. How...
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