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MONEY MANAGEMENT AND RISK MANAGEMENT
Jan 30, 2023 at 10:46
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3 Replies
Member Since Mar 31, 2021
222 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 Aug 19, 2021
203 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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