“Unlocking Forex Success: Essential Risk Management Secrets Every Beginner Must Know!”
Monitoring the performance of the portfolio on a regular basis is another critical component of a risk management strategy. This involves monitoring the overall performance of the portfolio as well as the profit and loss on each deal. In order to maximize returns while lowering risk, it also entails evaluating the risk-adjusted return of each transaction and modifying the approach as necessary.
A risk management policy can be as a living document that should be regularly evaluated and modified especially for beginners in the forex market. The policy should be adjusted to reflect changes in market conditions.
