MANAJEMEN RISIKO INVESTASI FOREIGN EXCHANGE PADA PT. VICTORY INTERNATIONAL FUTURES CABANG MALANG

In the investment world we know the term high risk, high return, Forex is one of the investments with a high risk category. So that a strategy or consideration is needed in conducting Forex transactions called risk management. This research is a qualitative study with a case study approach. This study uses descriptive analysis, with the aim of describing the mechanism of Forex transactions and describing risk management applied at PT. Victory International Futures Malang Branch Office in trading Forex. The Forex transaction mechanism is that the seller and buyer meet on the trading floor with a transaction system through the monitor screen (META 5) which is used to determine the running price. Whereas, the process of the occurrence of Forex transactions begins when the prospective customer discusses the desired destination with the broker's representative who is licensed (registered) at BBJ. Risk management at PT. Victory International Futures are given to investors as traders, there are two criteria, namely before making a transaction and when making a transaction. Before conducting transactions, investors are given directions on the use of systems that automaticly (META 5) online trading and training on risk management. Whereas when investors make transactions, risk management such as Cut loss, Switching, Locking, Averaging, and risk management are often used, namely the installation of stop loss and take profit. In addition to technical and fundamental analysis in analysis and observation there is additional analysis called an indicator. Of the 40 indicators available in META 5, the indicator that is most widely used at PT. Victory International Futures are Moving Average, Stochastic Oscillator, Fibonacci Retracement, Bollinger Bands and Parabolic Sars. The accuracy is 70% to 80%