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Money Management Systems.

debramaldonado
Feb 08 2021 at 10:49
21 posts
Money management is a very important aspect of trading and when it is paired with risk management, it can turn out to be really helpful for traders.

Molodicar
Feb 08 2021 at 11:13
7 posts
What is the difference between money management and risk management?

Hrenz
Feb 15 2021 at 08:43
38 posts
When trading small amounts, it should be remembered that your task is not to make money, but to learn how to trade, so you should not count on a large profit at first.

hitterbull
Mar 02 2021 at 10:29
32 posts
Money management is not that difficult to maintain if you just try not to risk more and make a good broker choice. Managing your trades and using stop loss can help you reduce any risk.

UweMoench
Mar 13 2021 at 13:21
737 posts
We need risk management system so that we can minimize our risk. Without proper risk management it's not possible to survive in the market. We need a good winning percentage and a sustainable risk management policy.

WaltonCharles
Aug 23 2021 at 08:41
128 posts
Molodicar posted:
What is the difference between money management and risk management?

I think both are same. One is a subbranch of others.

Marcel Durham (MarcellusLux)
Aug 24 2021 at 17:35
116 posts
Money management in general has basic, unbreakable rules. In addition, the trader can design different trading models depending on market conditions. Risk control methods and algorithms of actions for different scenarios are what makes the systems different.

Aubrey22
Aug 25 2021 at 08:37
19 posts
Anyone currently using a good money management skill that has reduced the number of losses or has kept your losses lower than the profits earned?

Akasuki
Sep 04 2021 at 12:58
441 posts
Trading without money managment is nothing but gambling. You can not do gambling while forex trading. To try your luck one should go to casio or buy lottery tickets.

LukeRachel
Sep 04 2021 at 13:23
459 posts
AliaDare posted:
Money management is the backbone of trading. By money management, I mean to include every trade in the plan. No more than a 2% risk can be taken for each trade. If your balance is 1000, then you can trade at 10 cents, which means 1 cent for every 100. If the profit is like 20 pips, you have to bring stop loss at the entry point.

Yes, you are right, I have lost a lot by not using money management and risk management.

Unellene
Sep 04 2021 at 15:39
283 posts
you really need to learn this if you want to make a profit better than you can do at the moment

RobSchiz
Sep 04 2021 at 20:01
535 posts
Akasuki posted:
Trading without money managment is nothing but gambling. You can not do gambling while forex trading. To try your luck one should go to casio or buy lottery tickets.

Money management is the most important thing in this market.

croisssan
Sep 05 2021 at 09:13
658 posts
It is very important to properly manage your money, because the final result of a trader's work really depends on this.

Ishndwyn
Sep 08 2021 at 18:38
21 posts
There are lots of different opinions concerning money management. I would suggest you to watch youtube as most of the traders share their opinions over there.

LukeRachel
Sep 09 2021 at 15:22
459 posts
MarcellusLux posted:
Money management in general has basic, unbreakable rules. In addition, the trader can design different trading models depending on market conditions. Risk control methods and algorithms of actions for different scenarios are what makes the systems different.

Nice post, strategy has to be developed with patience. Strategy is a subsidiary of Money Management. Without which many complications are created in trading.

Unellene
Sep 11 2021 at 15:55
283 posts
LukeRachel posted:
MarcellusLux posted:
Money management in general has basic, unbreakable rules. In addition, the trader can design different trading models depending on market conditions. Risk control methods and algorithms of actions for different scenarios are what makes the systems different.

Nice post, strategy has to be developed with patience. Strategy is a subsidiary of Money Management. Without which many complications are created in trading.

in general, to develop your strategy, you need more practice, because without practice you will not understand what the problem is and how to solve it

SteveHanks
Dec 26 2021 at 07:32
530 posts
croisssan posted:
It is very important to properly manage your money, because the final result of a trader's work really depends on this.

Yes. Proper money management helps a trader to make a good amount of profit.

skihav
Dec 26 2021 at 09:38
530 posts
The best system in this regard is the trader himself. One aspect - you need to understand how to do it correctly and how to do it better. But this is already a matter of experience.

UweMoench
Dec 27 2021 at 07:09
737 posts
Yes money management is one of the important things in trading but at the same time it's the most neglated things. Most people don't bother about money management.

RobertFerrari
Dec 27 2021 at 09:17
311 posts
UweMoench posted:
Yes money management is one of the important things in trading but at the same time it's the most neglated things. Most people don't bother about money management.

Proper money management can make you rich in this market.

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