Forex guide
Forex Risk Management
Risk management controls how much a bad idea can hurt you; it does not turn a strategy without an edge into a profitable one.
Risk first. Forex, CFDs, copy trading, signals and automated strategies can all lose money. Performance claims and backtests do not guarantee future results. Verify the legal entity, product availability and rules that apply in your country before funding an account.
Risk per trade
Define risk from the distance to the invalidation point and account size. Do not choose position size first and force the stop to fit it.
Portfolio exposure
Multiple trades can be the same macro bet in disguise. EUR/USD long and USD/CHF short, for example, may share substantial USD exposure.
Drawdown rules
Predefine daily, weekly and strategy-level loss thresholds that trigger a reduction in size or a review rather than revenge trading.
Use the guide in context
Compare the strategy or tool with broker costs, platform support, regulation and country availability before acting.