Money Management Tips
Member Since Apr 14, 2022
41 posts
Jun 13, 2022 at 10:33
Making a consistent profit is difficult if money management is not properly maintained. Every successful trader has a money management strategy regardless of the size of the capital and it all comes down to discipline at the end.
Member Since May 02, 2022
38 posts
Jun 14, 2022 at 11:58
There are a number of things you can do to improve your money management when trading. One is to put in a stop loss and another one is to work harder to find trades with a good risk/reward ratio and avoid any high-risk trades.
Jun 15, 2022 at 00:25
Money management is a key point in every trading strategy, although traders have good trading tools, in practice, if they don't use proper money management, hence usually will face failure, three-point in trading are good trading strategy, money management, and psychological trading.
Member Since Jun 12, 2021
132 posts
Jun 15, 2022 at 10:09
this is a very common suggestion but effective. got some fine lines.
Jun 15, 2022 at 11:38
Divide your trading funds in such a way that even if you lose one trade that does not affect your possibilities of making overall profits from other trades. Do not put your whole trading capital into single trade.
A good trader is a good money manager first.
A good trader is a good money manager first.
Member Since Jun 02, 2022
24 posts
Jun 17, 2022 at 10:12
I believe one of the best money management tips for forex trading is presetting how much capital you want to risk per trade. Most traders swear by the 2% risk rule, meaning you trade only 2% of your total capital per trade, and not a penny more than that.
Member Since Jun 03, 2022
17 posts
Jun 17, 2022 at 11:31
Where money management comes as a basic skill for trading, not many traders are ready to use their brains to work on these. All they want are quick profits and they don’t mind taking big losses in return.
Member Since Jan 11, 2022
45 posts
Jun 24, 2022 at 05:48
Managing money and risk is all about avoiding unfavorable risks and losses, thus if you want to have a healthy trading life, we must always monitor our money management.
Member Since Apr 22, 2022
2 posts
Jun 24, 2022 at 09:05
If you want to quick profit and risk more than 2% of your money, probably your trading experience will be a memory which you want to not remember
Member Since Feb 16, 2022
119 posts
Jun 29, 2022 at 12:52
Realistic trading is essential for a decent profit. Unrealistic trading creates no value for a trader. So make you trading realistic with new strategies and always try to view the market from your fundamental viewpoint. Fundamental signal generation helps a trader in understanding the market movement. Traders have to observe in which side experts kept their trades opened.
Jul 04, 2022 at 04:08
Money management has to be the most important trading skill that will help you stay in the market for long. When you know that it’s not just about making profits but also about protecting what you have, you automatically start to take calculated risks and never lose more than your appetite.
Jul 05, 2022 at 11:52
Several bad practices decrease traders’ equity gradually and one of those bad practices is over-trading. Don’t over-trade because it will gradually decrease your equity and thus will take your balance to the crash level. A cautioned trader never goes for such practices.
Member Since Feb 16, 2022
119 posts
Jul 06, 2022 at 07:33
There are several kinds of mistakes done by traders. But, they don’t try to recover from such mistakes and as a result they need to sticking to mistakes. For the self-development of traders, quick recovery from mistakes is badly essential.
Member Since Jun 28, 2022
21 posts
Jul 06, 2022 at 08:23
The risk-per-trade method is among the most crucial money management strategies I employ when trading forex. I can use this to determine how much I want to risk on each trade. I do not risk more than 5% of a trading account.
Jul 11, 2022 at 23:52
Almost expert traders they suggested to limited the risk on every plan trading not more than 2%, this will gives more opportunity to try again, and this is need to keep discipline to implemented trading system and risk management, when trader already having strong psychology they can implemented plan trading accordingly.
Jul 15, 2022 at 06:32
I agree with you. Risk management cannot be denied; we have to follow risk management rules to trade. As we get involved in the journey and explore it, we find many different situations along the way. These situations will help you grow in the forex market as they will help you open your mind to different situations. Your trading will eventually carry you to perfection. Risk management will evolve with time. Of course, the things I mentioned above are valid only for those who are serious about trading.
