简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Define Your Risk Management System
Abstract：It's a great idea to define your risk management as soon as you start trading on a live account.
Defining your risk management system is one of the most crucial components of growing your account. Without effective risk management, there's a good possibility you'll lose more than you bargained for. Remember that risk is something over which you have complete control, so make sure you handle it well to limit your losses and enhance your earnings.
As soon as you begin trading on a live account, you should determine your risk management strategy. Most traders risk less than 2% of their account balance per deal. If you're just getting started, you might want to start with 1% or less and work your way up from there.
Join us tonight in our live session 6:00pm Philippine Time at WikiFX Facebook Page
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
BaFin Issues Warning Against Clone Broker Exploiting Pepperstone's Identity
The German Federal Financial Supervisory Authority (BaFin) has recently flagged a fraudulent clone of the licensed retail FX and CFD broker Pepperstone. This fake entity, operating under the domain pepperstone.life, has been offering financial and investment services without obtaining the necessary regulatory authorisation.
TikTok: A Rising Hub for Investment Scams in Malaysia
The Royal Malaysian Police (PDRM) have raised concerns over the increasing use of TikTok by criminal syndicates to lure victims into investment scams.
Webull Canada Expands Trading Hours with Options Trading
Webull Canada now offers extended trading hours from 4 a.m. to 5:30 p.m. ET, plus options trading. Gain flexibility and manage risk in an ever-changing market.
Webull and Others Fined $275,000 for Incomplete Suspicious Activity Reports
Webull Financial, alongside Lightspeed Financial Services Group and Paulson Investment Company, LLC, has agreed to pay a collective fine of $275,000 following an investigation by the US Securities and Exchange Commission (SEC). The penalty was issued due to the firms’ failure to include essential information in suspicious activity reports (SARs) over a four-year period.
WikiFX Broker
Latest News
Saxo & Portuguese Bank Partnership
WikiFXSEC Fines Broker-Dealers $275K for Incomplete SAR Filings
WikiFXElon Musk Warns of Imminent US Bankruptcy | Bitcoin Retreats from $100K
WikiFXWikiEXPO Global Expert Interview: Advanced Practices and Insights in Financial Regulation
WikiFXJustin Sun Invests $30M in Trump-Backed World Liberty Financial
WikiFXRobinhood Launches Ethereum Staking with 100% Rewards Match
WikiFXKraken Closes NFT Marketplace Amid New Product Focus
WikiFXLured by False Promises: Malaysian Driver Lost RM218K to an Investment Scam
WikiFXFTX Sets March 2025 Timeline for Creditor Payouts: What It Means for Investors
WikiFXWhat is an Economic Calendar? How it works
WikiFXCurrency Calculator
