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Money Management Tips

UweMoench
Jul 24 at 11:11
547 Posts
@CakeMoss Money management tells you how much money you should should to open a trade. Risk management tells you how you can manage your risk in trading.

Davidfx89
Jul 25 at 08:59
39 Posts
what you think there is any difference between money and risk management ? its all about same or any difference ?

WaltonCharles
Jul 25 at 11:45
123 Posts
Davidfx89 posted:
what you think there is any difference between money and risk management ? its all about same or any difference ?

I think both are same.

CraigMcG2020
Jul 25 at 15:31
110 Posts
Its quite similar risk management helps your money management.

Marcel Durham (MarcellusLux)
Jul 26 at 11:21
77 Posts
Money management it's more about lot size, instruments chosen, funds allocation, portfolio building, but risk management includes evaluation of possible scenarios, assessment of probably losses related to these risks, using stop orders and RRR calculation.

Tradelist45
Jul 29 at 07:31
144 Posts
consistence profit from Forex trading is a big deal , really i have never done this ,
 its only for professional traders.  and i have no interest on stocks.

Tremblay
Jul 29 at 09:56
330 Posts
Tradelist45 posted:
consistence profit from Forex trading is a big deal , really i have never done this ,
 its only for professional traders.  and i have no interest on stocks.

It is the toughest thing in this market.

croisssan
Jul 29 at 10:05
215 Posts
For a trader, the issue of proper money management is extremely important. Only in this way is there a possibility of correct distribution

Davidfx89
Jul 29 at 10:14
39 Posts
sometimes any kind of money management fails to work , so it is more appropriate to develop our trading strategies .

Lionkingdom
Jul 29 at 11:14
5 Posts
Davidfx89 posted:
sometimes any kind of money management fails to work , so it is more appropriate to develop our trading strategies .

agree with you, that's right. There are even situations when it is better to be near the pc and watch closely, instead of setting a stop loss.

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