Money Management

May 07, 2020 at 11:38
2,907 Paparan
50 Replies
Ahli sejak May 05, 2020   17 hantaran
Jan 21, 2022 at 18:23
Money management in my opinion is one of the most significant things in trading. Of course, there are too much vital things in trading, however money management as well as risk management prevail over other things, mainly because they determine how much you will stay in trading activity. Those ones who neglect the rules of money management are eliminated by the market quite fast. Those ones, who comply with these rules stay in trading pretty long. I believe that if new traders would comply all the rules which are connected to tradding activity, then perhaps they will never face unpleasant situations, or at least they would rarely face them.
Ahli sejak Aug 24, 2020   11 hantaran
Jan 28, 2022 at 14:18
I think that money management as crucial as forecasting the market. It’s believed that a trader shouldn’t risk more than 5% or 10% of his trading deposit. I think it could be reasonable if a trader has one depo, he’s not very experienced and he doesn’t have too much extra money.
Experienced traders may adhere to other money management laws. This idea came to my mind recently. I think that he may have one or several depos for conservative trading where the rule mentioned above matters and he may have several extra accounts for risky trading where he can afford putting the whole depo at stake if it really makes sense in some market situations.
Ahli sejak Jul 19, 2020   788 hantaran
Jan 28, 2022 at 14:40
Brocomos posted:
I think that money management as crucial as forecasting the market. It’s believed that a trader shouldn’t risk more than 5% or 10% of his trading deposit. I think it could be reasonable if a trader has one depo, he’s not very experienced and he doesn’t have too much extra money.
Experienced traders may adhere to other money management laws. This idea came to my mind recently. I think that he may have one or several depos for conservative trading where the rule mentioned above matters and he may have several extra accounts for risky trading where he can afford putting the whole depo at stake if it really makes sense in some market situations.
Exactly, money management is very important in trading. If you trade with money management, you can often trade with low investment.
Ahli sejak Mar 28, 2021   617 hantaran
Jan 30, 2022 at 03:39
Trading without money management is gambling. Forex trading is not a way to gamble. You can try your luck by visiting a casino or buying lottery tickets.
Ahli sejak Mar 01, 2018   43 hantaran
Jan 30, 2022 at 07:11
Support and resistance levels are essential tools for any trader. The deeper you go, the more you realize how important it is to apply them to trading correctly with proper Money Management
Have your trading charts ready!
Ahli sejak Jan 11, 2022   45 hantaran
Jan 31, 2022 at 07:09
Traders who have a proper money management plan will be more likely to make returns consistently. A money management plan should involve determining the amount of money that should be risked on each trade.
Ahli sejak Feb 20, 2021   78 hantaran
Feb 07, 2022 at 08:22
Most forex traders begin their trading account with large sums of money without really knowing how to manage their cash properly. It is very important to have a definitive capital management plan in forex trading. This plan aims for the trader to take advantage of every possible opportunity that could arise when trading with the forex market.
Ahli sejak Mar 28, 2021   617 hantaran
Jan 04, 2023 at 11:59
Traders think they are host in themselves that leads them to the darkness. Make the habit of using take profit and stop loss to guard your trading from sudden losses.
Ahli sejak Jan 25, 2022   165 hantaran
Jan 18, 2023 at 08:10
The trading system is the key factor. It is permissible to break your own risk control rules occasionally. What I mean is that it is okay to increase your position appropriately, after all, we are here to make money, not take risks.
Ahli sejak Oct 01, 2022   53 hantaran
Jan 19, 2023 at 10:27
making money from this trading place is a big deal , need a powerful money management first of all.
Ahli sejak Mar 03, 2023   15 hantaran
Mar 03, 2023 at 06:24
njal posted:
Let's talk about money management techniques in forex. One money management technique in forex is to use stop-loss orders to limit potential losses on a trade. Another technique is to limit the amount of capital you risk on each trade, such as by using a fixed percentage of your account balance for each trade. Additionally, it's important to have a well-defined trading plan and to stick to it, including setting profit targets and knowing when to exit a trade.
Thanks for sharing this info. I will try to follow this.
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