Controlling risk is one of the most important ingredients of successful 
trading. While it is emotionally more appealing to focus on the upside of 
trading, every trader should know precisely how much he is willing to lose on 
each trade before cutting losses, and how much he is willing to lose in his 
account before ceasing trading and re-evaluating. 
 
More detail in 
http://www.freewebs.com/whatisforextrading/Forex_trading_controlling_risk.html
 
It is very simple. You can work it with it and making money with it.
 
 
Forex Guidance first, Forex Trading Later 
Good Luck 
Forex Guide

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