Statue of George Washington on Wall Street, before the New York Stock Exchange.
Risk Management
ForexThinker.com
Manage risk.  Trade better.
For a person who has no or just casual familiarity with the forex market, opening an account to trade on his/her own is highly risky and would certainly result in losses.  Unless he/she is willing to invest some time and effort in learning.  Education and currency demo trading can together train individuals to be confident and successful traders in the forex and/or the future currency market. 
Risk
Uncertainty
Live market chart being analyzed.
An important part of education is learning how to manage risk.  Successful traders understand and appreciate the risk involved in trading forex.  They manage this risk with:
       
         1.  A well defined trading approach/forex trading system
         2.  Money Management
         3.  Discipline.
-------------------------
ForexThinker.com currency trading formula:

money management + viable trading system+ self discipline=
Successful Currency Trading

-------------------------

United States currency consisting of paper bills and coins.
Home
www.forexthinker.com