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Here are the tools you will need and how you can ensure the trade size is appropriate so the loss is kept small. This will help build up your Money Management System which many veteran traders will applaud you for developing.

Tools:

-Stop-Loss Metrics

-Pip Value / Trade Size

-Market dynamics and Ruler Tool if available

Risk is inherent in every trade you take, but as long as you can measure risk you can manage it. Just don't overlook the fact that risk can be magnified by using too much leverage in respect to your trading capital as well as being magnified by a lack of liquidity in the market. With a disciplined approach and good trading habits, taking on some risk is the only way to generate good rewards.