money manage and leverage
Member Since Oct 29, 2021
70 posts
Mar 03, 2022 at 04:41
Jamerson posted:Money management will help you to survive in the market for a long period of time. By applying money management techniques you will not easily blow up your account. As far as leverage is concerned, use small leverage initially.
As a beginner in forex, how can money management help me in forex trading and which is the best leverage to use?
Mar 05, 2022 at 19:27
Of course, most system os money management doesn't imply trading with leverages, however as far as I am concerned, some traders include leverag trading in their money management strategies. Everything because money management just implies how much money you can lose without any hesitation. Of course, it also implies how much money you can devote to the particular position and so on so forth. However, I believe that new traders have to avoid leverage trading because it's just the easiest way to lose all the money for them. Professional traders can either use leverages or ot, it's up to them, because they have experience.
Member Since Jun 26, 2020
327 posts
Apr 03, 2022 at 07:21
high leverage means high risk , its not true exactly, if there is any risk it is complete with nonsense planning or zero risk management, nothing without it.
Member Since Jun 12, 2021
132 posts
Apr 06, 2022 at 08:43
that is a perfect message with leverage as well money management.
Apr 07, 2022 at 05:22
Your trading career depends on the choices you make. From deciding when to open a trading position to determining how much leverage you wish to use, you have to make all the important trading decisions on your own. But one thing has to be common for all the choices, it must never go beyond your risk appetite. A risk management strategy can work great here.
May 05, 2022 at 18:07
Money management is definitely a fundamental thing in trading. Actually, you can ask a trader to count all the fundamental things in trading and he will be doing it during several hours... hahahha :D because traders think that everything is fundamental.
gotta count the main ones, money and risk management; wise approach; lack of greediness; learn and practice; using demo.
These are the main ones at least for me personally, maybe some other traders can add something to this list. I consider it exhaustive. Yeah, perhaps.... I can add here emotions control. Without it, traders would ruin their trading activity and destroy their accounts.
gotta count the main ones, money and risk management; wise approach; lack of greediness; learn and practice; using demo.
These are the main ones at least for me personally, maybe some other traders can add something to this list. I consider it exhaustive. Yeah, perhaps.... I can add here emotions control. Without it, traders would ruin their trading activity and destroy their accounts.
Jun 14, 2022 at 06:56
Money management and risk management are 2 major components for success in forex. You cannot survive in the market if you are unable to manage your capital and risk. The 2% rule is very valid and should be followed by all in order to keep your drawdown in limit.
Member Since Aug 05, 2021
401 posts
Jun 15, 2022 at 14:33
It's nice to have the option to use high leverage but I always stick with around 1:100 - I think a lot of traders misuse it and it raises their risk by quite a lot.
Member Since Jun 03, 2022
17 posts
Jun 22, 2022 at 07:19
A major aspect of money management is to take control over your emotions, because through money management you are taught not to overspend your money out of rage and greed. Many people do not understand leverage, and use unnecessary ratios because they are driven by greed to earn more profits.
Remember that in order to earn profits with leverage, you must also have to learn proper risk management and analysis skills. Leverage is a double sided sword, so always be careful when using it.
Remember that in order to earn profits with leverage, you must also have to learn proper risk management and analysis skills. Leverage is a double sided sword, so always be careful when using it.
Jun 22, 2022 at 09:22
NikkiStrickland posted:
A major aspect of money management is to take control over your emotions, because through money management you are taught not to overspend your money out of rage and greed. Many people do not understand leverage, and use unnecessary ratios because they are driven by greed to earn more profits.
Remember that in order to earn profits with leverage, you must also have to learn proper risk management and analysis skills. Leverage is a double sided sword, so always be careful when using it.
Leverage is so misunderstood. Even by regulators. Leverage is a good and safe thing to have if you understand it and can use it properly
Member Since Jun 12, 2021
132 posts
Jun 23, 2022 at 11:17
that is perfect answer. agree
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