Both money management and trading psychology
UweMoench
Miembro desde Jul 19, 2020
280 mensajes
Dec 29 2020 at 15:02
Both money management and trading psychology are key to success in forex trading. A person will fail with a good strategy if he/she ignores the importance of money management and trading psychology. It has been said that trading is 90% psychological. And it's true.
LyudmilLukanov
Miembro desde Jul 23, 2020
265 mensajes
Dec 29 2020 at 17:21
Trading is a mind game. So, it is better to trade with clear mind.
winklebew
Miembro desde Nov 20, 2020
17 mensajes
Jan 20 at 04:25
I agree with you. Money management is quite necessary for every trader and they should focus on it. Managing risk is also important.
KnowFinance
Miembro desde Jan 16, 2021
70 mensajes
Jan 25 at 05:25
Money management with a good strategy plan does wonders in trading. They lower the risks of losses and help in making money for the long term.
Malajind
Miembro desde Aug 07, 2020
49 mensajes
Jan 25 at 10:08
I completely agree with you, because when we are able to manage our capital, we are able to manage our risks.
uxStyle
Miembro desde Dec 26, 2018
28 mensajes
Jan 25 at 18:23
I agree with the idea that all problems are in the head. If you can't handle something, it means you're not really committed to it - that's a 100% fact.
Simonnon
Miembro desde Sep 02, 2020
2 mensajes
Jan 25 at 19:00
The main thing is to take your time.
And check out the strategies that bring you money, and the approaches that give you confidence.
And check out the strategies that bring you money, and the approaches that give you confidence.
momo3HC
Miembro desde Oct 20, 2018
164 mensajes
Jan 26 at 20:34
Risk management too.
momchil_slavov@
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