To manage risk, it is important to have a sound trading plan. Set clear goals, be tolerant of risk, and never trade with money you cannot afford to lose. Stay up to date with market news and analytics. It is extremely important to approach Forex trading with discipline and patience. I mainly use technical analysis from the
fbs broker , studying price charts and patterns there, as well as fundamental analysis to understand the economic factors affecting currency pairs. Here I also monitor the risk reward ratio, ensuring that potential gains outweigh potential losses. It is very important to keep your emotions under control and stick to your trading plan. No strategy guarantees success. Losses are part of the game. Learn and constantly improve your approach. Over time, you will be able to successfully navigate the Forex market.