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Money Management Tips

Michihito
Oct 19 2020 at 06:48
298 Posts
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
Oct 21 2020 at 13:01
545 Posts
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
Oct 21 2020 at 13:33
70 Posts
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
Oct 21 2020 at 14:33
123 Posts
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
Oct 22 2020 at 01:24
575 Posts
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
Oct 22 2020 at 06:15
73 Posts
Being able to manage capital, improve your discipline, develop your qualities, confidence and self-control are very important in trading.

Joao91
Oct 22 2020 at 06:20
18 Posts
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
Oct 22 2020 at 07:51
140 Posts
Money management is very important to make money from this risky platform.

ElliotCooke
Oct 27 2020 at 09:46
341 Posts
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
Oct 27 2020 at 11:57
54 Posts
Money management is the part of risk management and it is really important for every trader.

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