Any Difference ?
Oct 21, 2019 at 03:19
596 Views
17 Replies
Biedrs kopš
785 ieraksti
Oct 21, 2019 at 03:19
what you think guys any difference there is between risk and money management ?
Biedrs kopš
49 ieraksti
Oct 21, 2019 at 06:21
I guess Risk management includes money management, trade management and trading knowledge.
In my opinion lack of knowledge can also cause a big risk in your trading.
In my opinion lack of knowledge can also cause a big risk in your trading.
Biedrs kopš
23 ieraksti
Oct 21, 2019 at 09:42
imo. risk is the % of funds you can lose in case of failure, can also be expressed in probability as a profit / loss ratio.
money management is the list of rules you take to manage your trading, inclufing risk, rules of investing, market entry and exit rules...
money management is the list of rules you take to manage your trading, inclufing risk, rules of investing, market entry and exit rules...
Biedrs kopš
1189 ieraksti
Oct 21, 2019 at 20:32
Imamul posted:
what you think guys any difference there is between risk and money management ?
Risk management includes money management, application of profitable strategies, reduction of exposure to markets, properly sizes units (lot sizes), etc...
Risk management should be the #1 priority above all else.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Biedrs kopš
920 ieraksti
Oct 22, 2019 at 07:42
The motto is the same; capital security. But the application is unlikely.
Biedrs kopš
34 ieraksti
Oct 22, 2019 at 10:57
Everyone knows that forex is very unpredictable and losses can occur anytime. So what you do to reduce/mitigate these losses is risk management. Money management, on the other hand, is how skillfully a person is putting his funds into trading so that he is able to earn the highest out of those. That’s the best I could explain for these two. Hope it helps.
Biedrs kopš
994 ieraksti
Oct 26, 2019 at 15:07
Johny_tr posted:Nice to see your awareness on money management plan; by the way, what’s your risk reward ratio?
Everyone knows that forex is very unpredictable and losses can occur anytime. So what you do to reduce/mitigate these losses is risk management. Money management, on the other hand, is how skillfully a person is putting his funds into trading so that he is able to earn the highest out of those. That’s the best I could explain for these two. Hope it helps.
Biedrs kopš
1189 ieraksti
Oct 27, 2019 at 21:56
AniLorak posted:
The motto is the same; capital security. But the application is unlikely.
The reason people blow their accounts and lose all their investment capital is because they are greedy and try to get rich quick and allow their emotions to guide their trading.
Ultimately anytime someone blows their account, it's 100% absolutely the traders fault because they didn't use proper risk management.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Biedrs kopš
1189 ieraksti
Oct 27, 2019 at 21:59
Johny_tr posted:
Everyone knows that forex is very unpredictable and losses can occur anytime. So what you do to reduce/mitigate these losses is risk management. Money management, on the other hand, is how skillfully a person is putting his funds into trading so that he is able to earn the highest out of those. That’s the best I could explain for these two. Hope it helps.
Money Management is a part of Risk Management.
Risk management should be the #1 priority at all times.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Biedrs kopš
126 ieraksti
Oct 28, 2019 at 05:58
Risk management: When using different baskets to carry your eggs.
Money management: When all the capacity of each basket is used up.
Money management: When all the capacity of each basket is used up.
Biedrs kopš
126 ieraksti
Oct 28, 2019 at 06:00
It minimizes losses in the case of a basket falling, but you take advantage of all the transport possibilities.
Biedrs kopš
10 ieraksti
Oct 28, 2019 at 12:22
Although there may be technical differences the terms are often used interchangeably in the Forex world
Biedrs kopš
994 ieraksti
Oct 28, 2019 at 14:15
birthtamper posted:
Although there may be technical differences the terms are often used interchangeably in the Forex world
True; but the purpose is same; it’s all about our balance protraction!
Biedrs kopš
21 ieraksti
Nov 05, 2019 at 10:20
birthtamper posted:Agreed, technically they are distinct no doubt, but then their end motive is more or less similar only.
Although there may be technical differences the terms are often used interchangeably in the Forex world
Biedrs kopš
38 ieraksti
Nov 06, 2019 at 07:54
I just believe that they go together. Without proper risk and money management you can’t do good in fx trading. One is incomplete without the other. So take both together.
Biedrs kopš
25 ieraksti
Nov 07, 2019 at 09:38
Earning money is the guiding force in both, but how you earn, that is what is different in both the markets.
Biedrs kopš
57 ieraksti
Nov 08, 2019 at 15:58
You need to have both, without question.
Biedrs kopš
1189 ieraksti
Nov 10, 2019 at 09:08
Pannik posted:
Risk management: When using different baskets to carry your eggs.
Money management: When all the capacity of each basket is used up.
That's a pretty good analogy of how Risk Management and Money Management mesh together.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
