How to Use Proper Risk Management in Trading Forex

Leverages and Risks for Forex Trading

The currency market is no doubt a very attractive one and this is the reason why equity traders will often migrate to the Forex market. However, it would be wrong of these equity traders to presume that the formulas that worked in the equity market will work in the Forex arena too. In fact there are two main differences between the markets. One is risk management and the other is current events.

Forex Risk Management

Risk Management 
taken from FXInstructor (FHI ~ Kaskus)

Think about long-term outcome. Do not be fixated on short-term results
Trader patience and discipline and who can manage the MM and the risk-reward ratio is well, probably "lost" by traders who want big profits but quick to ignore the long-term risk management. Traders who think forex is the high road to great wealth, might be able to generate hundreds of percent reward of the week / month by relying on the "holy grail trading system" either by using their own systems or systems which are sold in online web seller while traders wait to just produce a "little" rewards within the same timeframe (short).