What is Risk Management? Risk management is the process used | Crypto Futures Spot Signals😘

What is Risk Management?

Risk management is the process used to mitigate or protect your personal trading account from the danger of losing all your account balance. The risk is defined as the likeliness a loss will occur. Basically, risk management it’s just a method to control risk exposure when trading.

Risk management it’s like the foundation of a house. When you build a house you first start with the foundation layers and only then you start building the walls and the roof and everything else. On that note, risk management is the foundation of a successful trading plan.