Money management is an integral

Mar 17, 2021 at 13:58
1,592 Views
31 Replies
Biedrs kopš   751 ieraksti
Mar 17, 2021 at 13:58
Money management is an integral part of forex trading. If anyone is not having any money management policy, he/she is never gonna be a good trader ever. You need to follow some good and realistic money management system.
Mar 17, 2021 at 17:11
Leverage makes us to control more money than we have. So, money management is important for effective trading.
Biedrs kopš   11 ieraksti
Apr 03, 2021 at 04:32
Yes and I think both money management and risk management should be considered to be an integral part while trading forex.
Biedrs kopš   788 ieraksti
Apr 03, 2021 at 16:09
I think so too. I have lost a lot of investment by trading without money management. I believe that if I maintain discipline and follow money management with a positive mindset, I can become a successful trader in the future.
Biedrs kopš   617 ieraksti
Apr 04, 2021 at 11:08
Money management is the most important part of forex trading. Those who do not follow any money management policy, they never get long term success.
Biedrs kopš   55 ieraksti
Apr 05, 2021 at 05:25
The inability to manage capital, of course, is quite important, on the one hand, we can make a profit, but it will not be for long, because as a result we will start to lose and we will be very disappointed.
Biedrs kopš   785 ieraksti
Apr 05, 2021 at 10:16
what you think guys there is any difference between money and risk management ? its al about same or any difference there is ?
Biedrs kopš   477 ieraksti
Apr 10, 2021 at 02:05
I never forget to follow the Money Management Rules. Because I know money management and risk management is an important part of trading.
Biedrs kopš   788 ieraksti
Apr 11, 2021 at 14:43
Starcliff posted:
The inability to manage capital, of course, is quite important, on the one hand, we can make a profit, but it will not be for long, because as a result we will start to lose and we will be very disappointed.
Excellent. Money management is needed to control loss. This is something I must keep in mind no matter what strategy I use.
Apr 14, 2021 at 11:40
Money management is important for those with a large and a small account. But if you are new trader then just use min Lot size to start with and then focus on MM when you get the hand of the other aspects of trading
Biedrs kopš   477 ieraksti
Apr 14, 2021 at 22:06
I never trade without money management. If I want to trade, I have to manage money first and then think of profit.
Biedrs kopš   128 ieraksti
Apr 15, 2021 at 07:50
While the beginner is gaining experience and practice, he needs to act as simple as possible and with minimal opportunities.
Biedrs kopš   187 ieraksti
Apr 17, 2021 at 08:49
Yes knowledge of risk management, price action, money management, chart patterns are important to become successful in trading.
Biedrs kopš   20 ieraksti
Apr 18, 2021 at 13:14
Try to start managing your capital at the stage of practicing a demo account, then you will be able to understand how complete your knowledge is.
Biedrs kopš   35 ieraksti
Apr 20, 2021 at 07:27
Starcliff posted:
The inability to manage capital, of course, is quite important, on the one hand, we can make a profit, but it will not be for long, because as a result we will start to lose and we will be very disappointed.
I wanna ask you, what % of your total trading account balance to you put on the line at max?
Biedrs kopš   536 ieraksti
Apr 20, 2021 at 15:51
Ferdii posted:
Try to start managing your capital at the stage of practicing a demo account, then you will be able to understand how complete your knowledge is.
Yes. Demo is very important before starting with the real money.
Biedrs kopš   477 ieraksti
Apr 21, 2021 at 00:15
Sarjohn posted:
Yes knowledge of risk management, price action, money management, chart patterns are important to become successful in trading.
No matter what strategy I use, I need to follow money management and risk management first.
Apr 22, 2021 at 05:35
Money management is something no trader can do without in the forex market.
Biedrs kopš   327 ieraksti
Apr 22, 2021 at 07:16
managing money is a great skill in this trading place and need a long time patience to be experienced about that.
Biedrs kopš   12 ieraksti
Apr 23, 2021 at 10:53
Yes, no one can ignore that aspect in forex if they actually have to make money in the market.
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