Money management in trading

[Robert M]

Money Management is one of the focal bit of risk Management. I risk 2% of my capital for each trade. Similarly, the most silly introduction to risk is 4%. It proposes I open most crazy of 2 trades. I figure everyone should keep up their hazard association rules. Without overseeing risk in trading entire arrangement achievement is farfetched. Stop loss is a part of risk management.

[Thorgagar]

The ability to manage capital will give you the opportunity to avoid many mistakes and keep your deposit.

[gds221]

I believe that it is extremely important to properly organize the work of the trader. From  experience, I can say that this is quite difficult.

[FXOpen Trader]

2 hours ago, gds221 said:

I believe that it is extremely important to properly organize the work of the trader. From  experience, I can say that this is quite difficult.

We need to do our trading with a proper Plan so that we can do our trades with good profits.

[gds221]

It is very important to be able to properly manage  money. As for me, this is a really important aspect for the work of a trader.

[FXOpen Trader]

On 2/25/2021 at 7:31 PM, gds221 said:

It is very important to be able to properly manage  money. As for me, this is a really important aspect for the work of a trader.

When we will start doing our trading with proper Money Management Skills then we can become Better Forex Traders

[gds221]

I believe that it is very important to be able to properly manage the means for work. This is generally one of the key skills for a trader.

[Erienner]

a trader in general must be vigilant and attentive in his occupation, otherwise it will be difficult to achieve good results

[boltushkin]

Money management in trading consists of rules and techniques which help you to choose correct size of a bet such that in current trading circumstances you achieve the best reward ratio in the trade. I use relatively simple MM rules trading with Hotforex because I prefer to concentrate on improving winning ratio of my signals. 

[gds221]

The ability to properly manage money in trading is an extremely important aspect for the trader. When I first started working, I already prioritized it for myself.

[Dora Wi]

You are right to keep your risk at 2%. Some people advise up to 5% but that's quite a lot in my opinion, 1-2% is more suitable for the majority of traders.

[Gidencenti]

many analyze all the percentages and moments with commissions in work, but if the conditions are stable and of high quality, then there is no such need

[gds221]

The ability to properly manage money in this industry is simply necessary. It is worth understanding that otherwise it is simply impossible to get a positive result.

[Vaabum]

It is very important to be able to properly manage money in this industry, because otherwise the results may not be the most pleasant.

[FXOpen Trader]

On 3/13/2021 at 4:08 PM, Vaabum said:

It is very important to be able to properly manage money in this industry, because otherwise the results may not be the most pleasant.

We should understand that in the business of Forex Trading the most important factor is to be ale to earn profits on a regular basis

[Bedisone]

Proper money management will give you the opportunity to fully assess the situation and the risks that may arise.

[gds221]

Knowing how to properly manage your funds is extremely important. When I first started working with a broker from Amarkets, I paid a lot of attention to this.

[Gidencenti]

As for me, the main thing in forex is to work with a reliable broker, because this is a very important moment, I chose the platform from Amarkets for myself, good conditions that will allow you to work stably!

[FXOpen Trader]

22 hours ago, Gidencenti said:

As for me, the main thing in forex is to work with a reliable broker, because this is a very important moment, I chose the platform from Amarkets for myself, good conditions that will allow you to work stably!

We need to find a broker that is reliable and will offer ECN Trading facility like FXOpen.

[Laidar]

Many people understand the importance of money management, this gives us the opportunity to get away from big losses and mistakes.

[bearhugs]

Money management is a strategy for increasing or decreasing the position size to limit risk while achieving the greatest growth possible from a trading account.

[gds221]

Knowing how to properly manage your funds is an extremely important skill. It should be understood that without this it is really difficult to get the desired result of the work.

[Doghma]

Knowledge of money management provides many benefits, including the ability to wait or unforeseen and unwanted mistakes and risks.

[Gidencenti]

On 3/29/2021 at 8:36 AM, Doghma said:

Knowledge of money management provides many benefits, including the ability to wait or unforeseen and unwanted mistakes and risks.

I completely agree with this fact, but many people miss this

[Beagra]

Without competent, professional management, without risk management, it is impossible to stay in such markets for any length of time.