Forex is a risky trading market. The trader often loses money due to risk management. Sometimes new traders lose their whole capital overnight because they use high leverage without proper risk management. The trader should minimize the risk and try to make potential results from it. As for me, my broker Eurotrader gives me high leverage up to 1:500. But I only use with 1:100 leverage. I never take more than 2% risk per trade.
Loss is the part and parcel of forex market. Every trader wants to reduce their losses. If you want to reduce your losses you need to study more and more about forex market. Basically new traders are not serious about the losses. To reduce the losses every traders need to make a plan and walk through that plan. I always trade with TP Global FX. It has low spread and give personal advice to reduce or recover the losses.
