Forex risk management can have the effect between your survival or sudden demise with forex trading. You can have the best trading framework on the planet and still fall flat without good risk management. Risk management is a mix of different plans to control your trading risk. It can confine your trade lot size, hedging, trading just amid specific hours or days, or knowing when to take losses. For all these you need good knowledge and XeroMarkets broker could be a best place for learning as it has plenty of educational resources.