Why is risk management importance of Forex?

[Heatman]

The risk management in fired trading is very importance in order to guide and control emotions of the traders. It's a lesson that teaches the traders to always trade what they can afford to lose.

Your forex trading account capital is what you're supposed to make use of when it comes to your risk management when trading. When I have $1000 trading account, I can glady risk $10 in each of my trade.. This gives me a chance of going with 10 trades before I blow my account.