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Money Management
Member Since Oct 26, 2020
30 posts
Jan 20, 2021 at 10:01
There should be a balance between risk and money management. This is crucial for every forex trader.
Member Since Feb 02, 2021
28 posts
Mar 03, 2021 at 04:42
An effective money management plan can turn out to be a life saving tactic for most traders. Better to pay close attention from the beginning and take decisions accordingly.
Member Since Jul 23, 2020
816 posts
Mar 03, 2021 at 16:45
robindude posted:
What are your money management strategy? I want to know about that.
I often take 2% risk of my capital per trade and my risk reward ratio is 1:2.
Member Since Jul 20, 2020
385 posts
Mar 06, 2021 at 13:43
1% risk of my capital. My trades are looking to gain 3/4/5R so it can still be worth my while. Good risk to reward is key.
Member Since Feb 15, 2021
10 posts
Jun 11, 2021 at 07:14
Money management is the most important thing in Forex and if people don't pay much attention to it, they might not survive the market for long.
Jan 11, 2022 at 20:29
Money management is a very necessary thing, because lots of traders have already broke the rules of using money management and they faced losses. I believe that nowadays, tradersh ave to listen to the words and phrases which are expressed by the professional traders or those ones who hve passed all of the stages on their way to become successful traders. Money management prevails over other practices mainly because it lets you to understand how much money you can use for opening a deal and how much money you can lose in case of unforeseen circumstances. In my opinion, traders shouldn't neglect these rules.
Member Since Mar 17, 2021
494 posts
Jan 13, 2022 at 20:05
Stel386 posted:
Money, risk and emotional management are the three pillars of forex trading.
These three are the main root of success in this market.
