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Baazex

Member Since Oct 24, 2019  45 posts Wiame (Baazex) Dec 08 2019 at 11:18
Keeping your money in order is an important, basic money management skill everyone should develop and to manage your money keep a track of your goals its really important to create your financial goals . Making progress toward these goes will prove to you that you are being successful at managing your money.

Revenue is vanity, profit is sanity, but cash is king
Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi Dec 12 2019 at 06:20
learning and knowledge is a good combination when trading in practical ,
but it will not works for a minimum long term until having regular practice.

Imamul

Member Since Aug 09, 2017  482 posts Imamul Dec 17 2019 at 06:50
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.

jamesgwyther

Member Since Aug 05, 2017  289 posts jamesgwyther Dec 17 2019 at 15:05
Imamul posted:
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Money Management is very important

AmDiab

Member Since Apr 18, 2017  652 posts AmDiab Dec 30 2019 at 16:51
jamesgwyther posted:
Imamul posted:
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Money Management is very important


Of course it is! Traders need to open their new traders based on money management plan, otherwise they will face a huge loss for sure!

AniLorak

Member Since Apr 18, 2017  864 posts AniLorak Jan 01 at 14:52
Yes, Money Management is important; you have to make sure your base line; I am talking about the trading strategy here! Fixed & keen trading system is the key.

Adribaasmet

Member Since Aug 27, 2017  835 posts Adribaasmet Jan 02 at 11:03
AniLorak posted:
Yes, Money Management is important; you have to make sure your base line; I am talking about the trading strategy here! Fixed & keen trading system is the key.


Well said; having a good trading strategy is important; basically only pro traders are trading with proper trading setups!

Kathri

Member Since Sep 22, 2019  15 posts Kathri Jan 25 at 20:02
Broker is important that's really for sure anyway. How do you able to compete with that matter anyway. Do you plan to make something good within it or what? I do need to make it possible if I can or want, you may want to deposit and withdraw really....

Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi Mar 12 at 07:51
In Fx trading there are many questions for newbie how much they should get learning and practice and how much invest initially these both are important. In order to my trading experience , I will suggest to trade on demo for 4 or 6 months after it they should invest a low amount in micro accounts to get real trading practice.

Imamul

Member Since Aug 09, 2017  482 posts Imamul Apr 18 at 14:43
Managing the money is a great skill than others in Forex trading, we always looking for good trading knowledge but practically in spite of having most powerful trading knowledge that’s not possible to make sure a healthy trading life if you don’t know how to manage money.

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EURUSD 1.18315 GBPUSD 1.30746
USDJPY 106.638 USDCAD 1.32382

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.