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Money Management Tips

Oct 19, 2020 at 06:48
186 Replies
Biedrs kopš   327 ieraksti
Mar 27 at 09:03
what you think guys there is any different between money and risk management ?
Biedrs kopš   1 ieraksti
Mar 28 at 22:03
I completely agree with you that money management is crucial for successful trading. It is essential to have a set of principles to follow and to choose your trading size based on your money management rules.

Risk management is a critical aspect of money management, and the rule you mentioned, not risking more than 2% of your capital in a single trade, is a commonly used and effective guideline. This rule helps to limit potential losses and protect your capital.
Biedrs kopš   327 ieraksti
Mar 30 at 09:17
good information , thanks for nice reply
Biedrs kopš   54 ieraksti
Apr 04 at 11:57
davesper posted:
In fact, there are only two scenarios in the market - either you control money, or money controls you.
Yeah! that's true. But at least we can take precautions to control the risk by using stop loss and other risk management strategies.
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