Money management is the most important aspect in forex. Even if the estimates of investment in forex tend to be accurate and correct, in the long term may no longer be, so it is essential to implement good forex money management techniques.
The key for success in forex trading is to take big risks and look for higher profits. But this is true and applicable when dealing with virtual money in demo accounts.
When real money is being used, even risk takers back out sometimes. There must be an understanding of risk and an understanding that a large amount of risks that influence the forex market offers.The market certainly helps you to earn huge profits,but it can take the same amount of loss also if risks are not managed accurately and on time.