This proper risk management is crucial in order to maximize your chances of successful forex trading against a backdrop of volatile, liquid markets oscillating from one global session to another. Here are some key strategies: The quantity of trades: Adjust your trade size according to the volatility in the market. For instance, bigger sizes can be traded during liquid states such as the London-New York overlap. Stop loss orders: Utilize stop-loss to manage potential losses. Position them according to your trading strategy, analysis and goals. Diversification: Make sure you diversify your trades and avoid overexposure to one currency pair or Forex trading time session.