MONEY MANAGEMENT AND RISK MANAGEMENT

Jan 30, 2023 at 10:46
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3 Replies
Member Since Jun 03, 2022   1 posts
Jan 30, 2023 at 10:46
WHAT DO YOU THINK ABOUT MONEY AND RISK MANAGEMENT WHAT IS THE DIFFERENCE BETWEEN THIS TWO IMPORTANT THINGS IN TRADING !!!
Member Since Mar 31, 2021   229 posts
Mar 01, 2023 at 12:44
Money and risk management belong to one big concept MANAGEMENT. But with risks, you calculate a specific percentage that you are ready to lose in the worst scenario. More specifically, the calculation of the drawdown as a percentage. Money management is a broader concept and includes all expenses and profits. This is to say briefly and clearly.
Think thrice before opening an order
Member Since Sep 02, 2022   56 posts
May 22, 2023 at 13:23
Agree with the comment above. But I have questions when trying to calculate money management.
Member Since Aug 19, 2021   228 posts
May 26, 2023 at 13:15
Oh it is very important to correctly calculate your funds and risks. Thus, you will save your money from maximum losses.
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