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Money Management Tips
Member Since Apr 14, 2022
44 posts
Member Since May 02, 2022
37 posts
Jun 15, 2022 at 00:25
Member Since Apr 03, 2021
437 posts
Money management is a key point in every trading strategy, although traders have good trading tools, in practice, if they don't use proper money management, hence usually will face failure, three-point in trading are good trading strategy, money management, and psychological trading.
Member Since Jun 12, 2021
132 posts
Jun 15, 2022 at 11:38
Member Since Jun 02, 2022
20 posts
Divide your trading funds in such a way that even if you lose one trade that does not affect your possibilities of making overall profits from other trades. Do not put your whole trading capital into single trade.
A good trader is a good money manager first.
A good trader is a good money manager first.
Member Since Jun 02, 2022
24 posts
Jun 17, 2022 at 10:12
Member Since Jun 02, 2022
24 posts
I believe one of the best money management tips for forex trading is presetting how much capital you want to risk per trade. Most traders swear by the 2% risk rule, meaning you trade only 2% of your total capital per trade, and not a penny more than that.
Member Since Jun 03, 2022
17 posts
Member Since Jan 11, 2022
45 posts
Member Since Apr 22, 2022
2 posts
Member Since Feb 16, 2022
113 posts
Jun 29, 2022 at 12:52
Member Since Feb 16, 2022
113 posts
Realistic trading is essential for a decent profit. Unrealistic trading creates no value for a trader. So make you trading realistic with new strategies and always try to view the market from your fundamental viewpoint. Fundamental signal generation helps a trader in understanding the market movement. Traders have to observe in which side experts kept their trades opened.
Jul 04, 2022 at 04:08
Member Since Jan 10, 2022
40 posts
Money management has to be the most important trading skill that will help you stay in the market for long. When you know that it’s not just about making profits but also about protecting what you have, you automatically start to take calculated risks and never lose more than your appetite.
Jul 05, 2022 at 11:52
Member Since Feb 15, 2022
131 posts
Several bad practices decrease traders’ equity gradually and one of those bad practices is over-trading. Don’t over-trade because it will gradually decrease your equity and thus will take your balance to the crash level. A cautioned trader never goes for such practices.
Member Since Feb 16, 2022
113 posts
Jul 06, 2022 at 07:33
Member Since Feb 16, 2022
113 posts
There are several kinds of mistakes done by traders. But, they don’t try to recover from such mistakes and as a result they need to sticking to mistakes. For the self-development of traders, quick recovery from mistakes is badly essential.
Member Since Jun 28, 2022
25 posts
Jul 11, 2022 at 23:52
Member Since Apr 03, 2021
437 posts
Almost expert traders they suggested to limited the risk on every plan trading not more than 2%, this will gives more opportunity to try again, and this is need to keep discipline to implemented trading system and risk management, when trader already having strong psychology they can implemented plan trading accordingly.
Jul 15, 2022 at 06:32
Member Since Jun 22, 2022
22 posts
I agree with you. Risk management cannot be denied; we have to follow risk management rules to trade. As we get involved in the journey and explore it, we find many different situations along the way. These situations will help you grow in the forex market as they will help you open your mind to different situations. Your trading will eventually carry you to perfection. Risk management will evolve with time. Of course, the things I mentioned above are valid only for those who are serious about trading.

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