Risk management means controlling Forex Trades

Precious METALS are defined by their rarity, and their use as an investment vehicle. The term precious metals refer to the group of metals that are known to be unique and highly valuable.
Factors which have historically affected the price of gold and other precious metals have been economic, financial, and with drastic world events taking place, they have often been a haven and an asset for retaining wealth throughout history.
Factors Influencing Precious Metal Trading:
Supply – can be affected by decline in production and political instability.
Demand – mainly comes from jewelry, use in everyday technological products, and for investment purposes
Market Volatility – Precious metals have often been used as a safe haven investment when markets are unpredictable
️Key Reasons to Trade Metals:
Considered potential safe havens
Diversify investment portfolio
International liquidity
Risk management means controlling Forex Trades
EXOTIC currency pair is a major currency, paired alongside the currency of an emerging economy, such as the Mexican Peso, Hong Kong dollar, and many currencies from countries outside the Euro area.
These pairs are usually not traded as often due to high transaction cost (which surpasses those seen in majors or minors currencies) as a result of the absence of liquidity in these markets.
Trading exotic currency pairs does not come easy due to low trading activity within such pairs, a stark difference from the main currency pairs.
⚠️Understand the risks before trading these Pairs:
☑️Tracking and projecting the growths on macroeconomic factors
☑️ Low liquidity
☑️ High fluctuations are experienced during periods of political uncertainties
MINORS are currency pairs that are not associated with the U.S. dollar. These pairs are referred to as minor currencies or crosses and have slightly wider spreads and are not as liquid as the majors, but they are sufficiently liquid markets, nonetheless. The MINORS that trade the most volume are among the currency pairs in which the individual currencies are also majors. Some examples of minors include the EUR/GBP, GBP/JPY and EUR/CHF. Depending on how volatile and liquid a market a trader wishes to invest, he might find that the minor currency pairs are a safer investment than a major pair. As is the case with all other currency pairs, the rates can be influenced by several factors, including economic announcements, geopolitical events, and even global weather.  Join our VIP channel.  @forexsignalssms .
MAJORS currency pairs are based on a list of popular currencies that are paired with the USD. The basket of major currencies consists of 7 pairs only. These currency pairs account for most of the turnover of Forex market. For instance, EURUSD pair alone accounts for about 30% of the trading volume. These pairs have massive liquidity, you’re able to trade them virtually always. Furthermore, you’ll find the lowest spreads when trading these pairs
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We strongly recommend for you to risk 2% of your equity, per each trade entry.
This means: No, there is no fixed lot size for all markets! That will void your risk management.
Each market has different behaviours and volatility ranges.
Lot calculation will vary dependent on the market, trading ask price, stake and stop loss values.
By doing this, you guarantee to risk per entry, 2% of your equity
Here are a couple of examples (with current market ask price):
▪️ NZDCAD – Balance $1000 – Stake: – $20   – SL: 30 Pips   – Lot: 0.11
▪️ NZDCAD – Balance $1000 – Stake: – $20   – SL: 50 Pips   – Lot: 0.06
▪️ CADJPY   – Balance $5000 – Stake: – $100 – SL: 100 Pips – Lot: 0.13
▪️ CADJPY   – Balance $5000 – Stake: – $100 – SL: 200 Pips – Lot: 0.07
Volatility is a term used to refer to the variation of a trading price over time. The larger the scope of price change, the higher the volatility is considered.
As you can see, each currency pair has its own behaviour/volatility. And based on this we must adapt our target (pips) for each pair. All our trades have different targets. This is one of our strategies to have consistent results.
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COMDOL pairs known as Pairs that work in accordance with eachother
 TIPS:
WHEN DXY GOES DOWN 🔽
– GBP/USD GOES UP 🔼
– NZD/USD GOES UP🔼
– AUD/USD GOES UP🔼
– USD/JPY GOES DOWN 🔽
– EUR/USD GOES UP 🔼
– XAU/USD GOES UP 🔼
– USD/CHF GOES DOWN 🔽
– CRUDE(WTIUSD) GOES UP🔼
You welcome :)

What exactly happens when we enter too many trades?

Entering multiple trades is a very common mistake for many beginners
For Example Let’s say you have a $1000 account and you read up on risk management and conclude you should be using a 0.1 lot size.
You then find 6 great setups and enter all of them. NEWS comes out and you lose every trade. Now you’ve blown almost half of your account . But how? You were using a low lot size?
NOTE THIS:
Risk management means controlling HOW MUCH YOU RISK! If you’re using a low lot size but entering multiple trades you are STILL risking too much.
How can you control this? Create a trading plan. 
And also set a daily target and once you have meet your target. Go off the market and wait for next trading day session
What are you waiting for? Upgrade to Premium Signals now. Receive Signals from up to 50 sources for only $57 per month . Www.FXPremiere.com