Money Management Tips
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.
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:Yeah! that's true. But at least we can take precautions to control the risk by using stop loss and other risk management strategies.
In fact, there are only two scenarios in the market - either you control money, or money controls you.
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