money manage and leverage
May 08, 2019 at 05:23
Please correct if I'm wrong I think you talk about the different strategies, set on the pars you trading with different currency dollar. With the percentage of risks you are managed to lose if it's a big drawn -down while in the trade.
Mitglied seit May 24, 2019
10 Posts
May 26, 2019 at 06:50
Alexsajed posted:
Two very important concepts of Forex money management are leverage and margin.
Exactly very important indeed. But most trader ignore then. One reason most lose
Jul 10, 2019 at 06:01
We all know that money management is essential and though leverage is a trading tool to borrow funds, we should not work with higher leverage due to insecurity issues associated with leverage. But emotions can be a barrier. In the hope that over trading or big invested capital will provide higher income a trader can make decisions of working with gigantic leverage and in turn he deals with higher hazards of losing capital.
Jul 11, 2019 at 11:45
walpants posted:agreed! i'd say, been there and done that.
if you dont use money and risk management correctly you will loose in forex it is that simple
when i was a beginner i was hanging lose, my money was drenching and i had no idea what to do, but over the period of time i learned money management and how i can manage my risk with the leverage i had availed. today i am finally trading successfully because of that.
Mitglied seit Jul 12, 2019
10 Posts
Jul 12, 2019 at 10:29
With a small account you need to take risks though otherwise the profits are so low that there is no point
Mitglied seit Feb 22, 2011
4862 Posts
Jul 12, 2019 at 12:02
QuincyMCQuincy posted:
With a small account you need to take risks though otherwise the profits are so low that there is no point
Well when trading you are always taking risks regardless the account size.
The thing is to determine what is acceptable risk for you and keep it that way.
IMHO I would rather risk 50$ of $200 account than 50$ of $200,000 account:)
Another thing is to define your stop loss the way it protect your account when necessarry but not too often.
Mitglied seit Aug 27, 2017
994 Posts
Oct 31, 2019 at 15:46
There is no way without Money management; besides I am using 100:1 trading leverage!
Mitglied seit Nov 06, 2018
83 Posts
Mar 12, 2020 at 23:12
Risk management is key. This game is like 20% strategy and 80% mind set.
Mitglied seit Jul 20, 2020
341 Posts
Nov 08, 2020 at 18:29
Leverage is one of the most important tools for forex trading. If you have proper knowledge about leverage, you can use it to increase your profit margin.
Dec 10, 2020 at 06:00
yeah leverage dont really matters. you just have enough money on your account to be able to put few positions out there. position size is the most important thing as it is money manegament and influecing on you with emotions. all in one package :)
