Forex is risky if you don’t know what you are doing.  Most amateur Forex traders don’t understand how to calculate and manage risk successfully and trade too much money.  Rather than risking a maximum of 1% per trade, they end up risking as much as 100% of their capital and wonder why they can’t make money.

Losing money does not mean something is a scam.

Here is how LTG GoldRock recommends traders deal with losses which are inevitable as a currency trader…

It is simply the cost of doing business, but the cost must be minimised, so therefore LTG GoldRock always uses a risk calculator to measure the risk before entering any trade.  For example, LTG GoldRock clients calculate a 1% risk on capital on a single trade (that is $10 on a $1000 account balance ) and if multiple trades are placed then the risk is lowered to just 0.05% under LTG GoldRock’s recommendations.

So therefore if you had 3 trades entered and all 3 lose, the risk would be only 2% of you entire capital.

2% of $1000 is $20. This assists traders deal with the emotional side of losing money, so they can continue to follow the trading system and plan. As we cannot get our decision correct every time, the only way to be able to continue to invest and trade diligently and professionally like the bank does, for years ahead, is to risk little, chip away with small investment sizes and persist.

You can become extremely wealthy trading Forex taking a “get rich slowly” attitude.