Robert M Posted February 21, 2021 Share Posted February 21, 2021 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. Quote Link to comment Share on other sites More sharing options...
Thorgagar Posted February 22, 2021 Share Posted February 22, 2021 The ability to manage capital will give you the opportunity to avoid many mistakes and keep your deposit. Quote Link to comment Share on other sites More sharing options...
gds221 Posted February 23, 2021 Share Posted February 23, 2021 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. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 23, 2021 Share Posted February 23, 2021 On 2/23/2021 at 1:41 PM, 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. Expand We need to do our trading with a proper Plan so that we can do our trades with good profits. Quote Link to comment Share on other sites More sharing options...
gds221 Posted February 25, 2021 Share Posted February 25, 2021 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. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 4, 2021 Share Posted March 4, 2021 On 2/25/2021 at 2:01 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. Expand When we will start doing our trading with proper Money Management Skills then we can become Better Forex Traders Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 5, 2021 Share Posted March 5, 2021 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. Quote Link to comment Share on other sites More sharing options...
Erienner Posted March 6, 2021 Share Posted March 6, 2021 a trader in general must be vigilant and attentive in his occupation, otherwise it will be difficult to achieve good results Quote Link to comment Share on other sites More sharing options...
boltushkin Posted March 8, 2021 Share Posted March 8, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 8, 2021 Share Posted March 8, 2021 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. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted March 10, 2021 Share Posted March 10, 2021 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. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted March 11, 2021 Share Posted March 11, 2021 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 Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 13, 2021 Share Posted March 13, 2021 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 13, 2021 Share Posted March 13, 2021 It is very important to be able to properly manage money in this industry, because otherwise the results may not be the most pleasant. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 14, 2021 Share Posted March 14, 2021 On 3/13/2021 at 10:38 AM, 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. Expand 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 Quote Link to comment Share on other sites More sharing options...
Bedisone Posted March 15, 2021 Share Posted March 15, 2021 Proper money management will give you the opportunity to fully assess the situation and the risks that may arise. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 15, 2021 Share Posted March 15, 2021 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. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted March 21, 2021 Share Posted March 21, 2021 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! Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 22, 2021 Share Posted March 22, 2021 On 3/21/2021 at 1:46 PM, 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! Expand We need to find a broker that is reliable and will offer ECN Trading facility like FXOpen. Quote Link to comment Share on other sites More sharing options...
Laidar Posted March 22, 2021 Share Posted March 22, 2021 Many people understand the importance of money management, this gives us the opportunity to get away from big losses and mistakes. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted March 26, 2021 Share Posted March 26, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 26, 2021 Share Posted March 26, 2021 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. Quote Link to comment Share on other sites More sharing options...
Doghma Posted March 29, 2021 Share Posted March 29, 2021 Knowledge of money management provides many benefits, including the ability to wait or unforeseen and unwanted mistakes and risks. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted March 30, 2021 Share Posted March 30, 2021 On 3/29/2021 at 5:36 AM, Doghma said: Knowledge of money management provides many benefits, including the ability to wait or unforeseen and unwanted mistakes and risks. Expand I completely agree with this fact, but many people miss this Quote Link to comment Share on other sites More sharing options...
Beagra Posted April 4, 2021 Share Posted April 4, 2021 Without competent, professional management, without risk management, it is impossible to stay in such markets for any length of time. Quote Link to comment Share on other sites More sharing options...
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