Money Management Tips
Mitglied seit Jul 23, 2020
869 Posts
Jul 02, 2021 at 17:50
Money management is essential in trading. It is easy to lose money in trading.
Mitglied seit Jun 15, 2021
8 Posts
Jul 08, 2021 at 11:40
If you do not know how much you are risking when you enter a trade then you will never be successful
Mitglied seit Jun 26, 2020
327 Posts
Jul 13, 2021 at 08:32
i have a very common and boning question as like others , there is any major difference between money and risk management ? its all about same issue or any major difference between two ?
Jul 13, 2021 at 23:38
Tradelist45 posted:Money management is included in early trading preparation before making a deposit trader need to watching the amount saving money, don't use all saving money in forex but only spent money that affords to lose, money management in trading included how to chose position size, meanwhile, risk management is preparation about the risk, usually trader using stop loss to manage the risk.
i have a very common and boning question as like others , there is any major difference between money and risk management ? its all about same issue or any major difference between two ?
Mitglied seit Jul 01, 2021
8 Posts
Jul 14, 2021 at 10:06
The best money management strategy is to stop trading immediately. That is the only way to minimize losses. Almost everyone loses at Forex
Jul 16, 2021 at 04:14
sopranoberidze posted:Thats not the fact. People loose because they do not trade sensibly and just jump to conclusions without prior analysis.
The best money management strategy is to stop trading immediately. That is the only way to minimize losses. Almost everyone loses at Forex
The more your practice, the more you learn.
Mitglied seit Jun 26, 2020
327 Posts
Jul 16, 2021 at 08:34
managing money and risk its all about avoiding unfortunate risk and losses , so we the traders always have to follow our money management , if we want to lead a healthy trading life.
Mitglied seit Jun 08, 2021
10 Posts
Jul 22, 2021 at 07:34
Money management is one of the keys to mitigate risk. I would recommend no overtrading but always planned trading. I have been successful this way.
Mitglied seit May 19, 2020
438 Posts
Jul 22, 2021 at 12:17
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
@Marcellus8610
Jul 22, 2021 at 12:37
MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
Jul 22, 2021 at 18:54
CatWalker posted:MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
or just trade news =)
Jul 23, 2021 at 07:42
Money management is very very important, and so it risk management. They need to go hand in hand. You also need to have some proper knowledge of the market. Money management will be based on a plan that you have, and as you said every trader will have his ir her own plan, such as not exceeding 2% of your capital in any trade.
Mitglied seit Mar 17, 2021
536 Posts
Jul 23, 2021 at 12:33
CakeMoss posted:I think their is no difference.
What is difference between money management and risk management?
Mitglied seit May 19, 2020
438 Posts
Jul 23, 2021 at 18:56
CatWalker posted:The risk analysis is based on technical and fundamental analysis of the current market situation. At the same time, I take into account market volatility, the impact of possible historical levels and the psychology of market participants (investor sentiment). This allows me to get data on the current market position and assess the future prospects for the development of different scenarios. The start position of gain/loss I try to adhere to is 3/1MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
@Marcellus8610
Mitglied seit Jul 20, 2020
399 Posts
Jul 25, 2021 at 15:31
Its quite similar risk management helps your money management.
Mitglied seit May 19, 2020
438 Posts
Jul 26, 2021 at 11:21
Money management it's more about lot size, instruments chosen, funds allocation, portfolio building, but risk management includes evaluation of possible scenarios, assessment of probably losses related to these risks, using stop orders and RRR calculation.
@Marcellus8610
