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Money management is an integral
Členom od Jul 19, 2020
751 príspevkov
Apr 24, 2021 at 11:01
Členom od Jul 19, 2020
751 príspevkov
Problem is most traders do not want to manage their risk. They suffer from overconfidence. As a result they lose money again and again and very few learn the lesson.
Členom od Oct 17, 2018
103 príspevkov
Apr 26, 2021 at 10:37
Členom od Oct 17, 2018
103 príspevkov
UweMoench posted:100% i spent years just following blindly and not understanding the risks. i would make some profit and then blow the account was never managing anything. now i have been learning all the indicators have gone and the signal providers just using market moves price action an correct risk management now slowly building profit long term
Money management is an integral part of forex trading. If anyone is not having any money management policy, he/she is never gonna be a good trader ever. You need to follow some good and realistic money management system.
Členom od Jul 19, 2020
751 príspevkov
Jun 06, 2021 at 11:21
Členom od Jul 19, 2020
751 príspevkov
Our total risk should not be above 2%. Now it could be 2% in a single position or all the open positions. Some traders take 2% risk per trade then open 5 trade which becomes 10% risk. We should not do this type of mistakes.
Členom od Apr 21, 2021
1 príspevkov
Jun 06, 2021 at 11:30
Členom od Apr 21, 2021
1 príspevkov
UweMoench posted:100% true
Our total risk should not be above 2%. Now it could be 2% in a single position or all the open positions. Some traders take 2% risk per trade then open 5 trade which becomes 10% risk. We should not do this type of mistakes.
Členom od Apr 01, 2020
231 príspevkov
Jun 07, 2021 at 00:35
Členom od Apr 01, 2020
231 príspevkov
Money Management is a very much an important factor of forex trading. If you have a good money management then it will be easy to make a good way in forex trading.
Členom od Nov 05, 2020
54 príspevkov
Jun 09, 2021 at 05:35
Členom od Nov 05, 2020
54 príspevkov
dare to manage your capital if you want to minimize your risks and not lose your funds.
Členom od Jun 02, 2021
9 príspevkov
Jun 09, 2021 at 09:52
Členom od Jun 02, 2021
9 príspevkov
Money management can be hard and boring but without putting in the effort you will surely lose
Členom od May 24, 2020
112 príspevkov
Jun 25, 2021 at 06:08
Členom od May 24, 2020
112 príspevkov
Money management must become an integral part for trading to be successful.
Členom od Feb 20, 2021
53 príspevkov
Jun 30, 2021 at 06:24
Členom od Feb 20, 2021
53 príspevkov
Keeping a trading planner with money management factors included is very important for every trader. This ensures that the trader is not dropping the money anywhere between the actual investments.
Členom od Jun 15, 2021
13 príspevkov
Jun 30, 2021 at 06:50
Členom od Jun 15, 2021
13 príspevkov
For money management I maintain trading journal, this helps me to track that which strategies and trade amounts have gave me the good bunch and with that it also helps me to improve my further trades by looking at past areas of improvement.
Členom od Jul 19, 2020
751 príspevkov
Jul 05, 2021 at 11:35
Členom od Jul 19, 2020
751 príspevkov
@thespreader That is a good approach to manage risk. Learning from the past mistakes is the best learning. Those who do not take lesson from past mistakes can not do well.
Členom od Jun 08, 2021
9 príspevkov
Jul 05, 2021 at 12:01
Členom od Jun 08, 2021
9 príspevkov
It looks like everyone agrees the importance of money management but what does this mean in practice. What are YOUR money management strategies?
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