A good trader is one who knows how much loss he/she can bear and what should be the target. This is called risk to reward ratio.
New Delhi: Investing in a stock market is not only risky but also a serious business. One should consider all the pros and cons before entering the market as it is highly dynamic, and its trends change regularly. To become a successful trader, one has to understand the technicalities of the market. Risk management is one of the crucial aspects of stock market investing as it helps cut down losses.
Advertising
Advertising
If the risk can be managed well, traders can open themselves up to making good money in the market. However, the biggest mistake that traders have always committed is, that they never use risk management strategies.
Sooraj Singh Gurjar, Founder, MD of GTF (Get Together Finance), said that a proper risk management strategy helps in safeguarding the capital….
