Trading Strategies
Insights into different approaches that may be beneficial for different types of traders depending on their objectives and risk tolerance.
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What is risk management in trading?
Risk management in trading is a way of reducing the potential impact of certain risks but also accepting that you may not be able to eliminate them. There are rewards in trading. If an asset’s price moves in the direction you predicted, you could end up with profit. However, to unlock these potential rewards, you need to accept the risks.