Traders think they are host in themselves that leads them to the darkness. Make the habit of using take profit and stop loss to guard your trading from sudden losses.
An extremely important task is to be able to manage your funds. Without this, it will be extremely difficult to achieve at least a minimally positive result.
to manage fund successfully is really a challenging issue , for that reason institution player always keep a strong fund manager.
Jan 05 at 12:11
It my opinion it is important to manage funds while trading. Without that you might unable to get positive results. Plus always use stop loss while trading to prevent losses.
Jan 06 at 09:52
agree with you . no way to deny
Jan 17 at 10:20
The risk-per-trade technique is one of the most important money management techniques in Forex trading. The 'risk-per-trade' factor determines how much of your trading account is at risk on any given trade.
As a general rule, don't risk more than 2–3% of your account on a single trade, so you can withstand the negative impact of a string of losing days.
As a general rule, don't risk more than 2–3% of your account on a single trade, so you can withstand the negative impact of a string of losing days.
Jan 18 at 08:10
The trading system is the key factor. It is permissible to break your own risk control rules occasionally. What I mean is that it is okay to increase your position appropriately, after all, we are here to make money, not take risks.
Jan 19 at 10:27
making money from this trading place is a big deal , need a powerful money management first of all.
You can succeed in trading if you practice good money management. Failure to adequately implement money management results in failure.
Feb 09 at 10:39
after having good money management plan sometimes the result of trading can be useless if there is no regular level of practice.
Let's talk about money management techniques in forex. One money management technique in forex is to use stop-loss orders to limit potential losses on a trade. Another technique is to limit the amount of capital you risk on each trade, such as by using a fixed percentage of your account balance for each trade. Additionally, it's important to have a well-defined trading plan and to stick to it, including setting profit targets and knowing when to exit a trade.
Mar 03 at 06:24
njal posted:Thanks for sharing this info. I will try to follow this.
Let's talk about money management techniques in forex. One money management technique in forex is to use stop-loss orders to limit potential losses on a trade. Another technique is to limit the amount of capital you risk on each trade, such as by using a fixed percentage of your account balance for each trade. Additionally, it's important to have a well-defined trading plan and to stick to it, including setting profit targets and knowing when to exit a trade.
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