MONEY MANAGEMENT AND RISK MANAGEMENT

Jan 30, 2023 at 10:46
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3 Replies
Anggota Sejak Jun 03, 2022   1 pos
Jan 30, 2023 at 10:46
WHAT DO YOU THINK ABOUT MONEY AND RISK MANAGEMENT WHAT IS THE DIFFERENCE BETWEEN THIS TWO IMPORTANT THINGS IN TRADING !!!
Anggota Sejak Mar 31, 2021   229 pos
Mar 01, 2023 at 12:44
Money and risk management belong to one big concept MANAGEMENT. But with risks, you calculate a specific percentage that you are ready to lose in the worst scenario. More specifically, the calculation of the drawdown as a percentage. Money management is a broader concept and includes all expenses and profits. This is to say briefly and clearly.
Think thrice before opening an order
Anggota Sejak Sep 02, 2022   53 pos
May 22, 2023 at 13:23
Agree with the comment above. But I have questions when trying to calculate money management.
Anggota Sejak Aug 19, 2021   227 pos
May 26, 2023 at 13:15
Oh it is very important to correctly calculate your funds and risks. Thus, you will save your money from maximum losses.
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