#CommunityAMA Risk control is the backbone of FOREX success. Never risk more than 1% of your account on a trade. Use a stop loss on every trade to limit losses if the market moves against you. Aim for a risk and reward ratio of 1:2 or higher to make profits outweigh losses. Avoid high leverage; 10:1 is safer for beginners. Size your positions based on account size, not gut feelings. Diversify trades across currency pairs to spread risk. Don’t trade during volatile news unless prepared. Keep a trading journal to track risk management success. Test strategies on a demo account to refine your approach. Stay disciplined, emotional trading leads to big losses. Learn from experienced traders in FOREX communities. Consistent risk control builds long term profits. Ask your risk management questions in this AMA to protect your capital and trade with confidence!