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Money Management Tips
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Michihito

Member Since Jul 19, 2020  143 posts Michihito Oct 19 at 06:48
Money management is vital for trading. You ought to have a few principles to take after. Trading size ought to be chosen by your money management rules. The most popular rule is don't risk over 2% of your capital in a trade. But, it doesn't mean you can open many trades. Your aggregate risk ought not surpass 2% of your capital.

UweMoench

Member Since Jul 19, 2020  156 posts UweMoench Oct 21 at 13:01
Money management is the most vital thing after analysis. If we do not manage our money properly we are going to lose everything soon . Most people do not bother about risk management and money management. They play blind.

Malajind

Member Since Aug 07, 2020  29 posts Malajind Oct 21 at 13:33
The competent distribution of your personal funds will lead you to a good result, but this needs to be learned and put into practice.

DoraWalletInvest

Member Since Aug 17, 2020  109 posts DoraWalletInvest Oct 21 at 14:33
You are very right. I think money management is a skill that should be taught to people as they grow up, it is important to everyone, not just people who trade or invest. If you trade to make a living or make money for your retired years, you also have to be very aware of how much money you need each month.

AliaDare

Member Since Jul 19, 2020  160 posts AliaDare Oct 22 at 01:24
Money management is an important part of trading. The part I love the most. If a trader wants to trade successfully, he must first follow the Money Management Rules. Money management can guide investment in the right direction.

Mauk

Member Since Aug 26, 2020  20 posts Mauk Oct 22 at 06:15
Being able to manage capital, improve your discipline, develop your qualities, confidence and self-control are very important in trading.

Joao91

Member Since Oct 05, 2020  15 posts Joao91 Oct 22 at 06:20
At the end, we are all here to earn money. If a trader fails at managing money only, his tenure in forex is short lived for sure.

Shelby10

Member Since Jul 15, 2020  95 posts Shelby10 Oct 22 at 07:51
Money management is very important to make money from this risky platform.

ElliotCooke

Member Since Jul 20, 2020  227 posts ElliotCooke Oct 27 at 09:46
If you want to build a successful career in the forex market, you have to make the proper management of your money. This is the most important thing to do in forex trading to make profits.

Amber_0302

Member Since Mar 16, 2020  54 posts Amber_0302 Oct 27 at 11:57
Money management is the part of risk management and it is really important for every trader.

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