Aby korzystać z czatu, zaloguj się.
Powrót do kontaktów

Any Difference ?

Imamul
Oct 21 2019 at 03:19
785 postów
what you think guys any difference there is between risk and money management ?
Gabor33
Oct 21 2019 at 06:21
49 postów
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.
Andy Peters (Jumo)
Oct 21 2019 at 09:42
23 postów
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...
Professional4X
Oct 21 2019 at 20:32
1189 postów
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.
AniLorak
Oct 22 2019 at 07:42
920 postów
The motto is the same; capital security. But the application is unlikely.
Johny_tr
Oct 22 2019 at 10:57
34 postów
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.
Adribaasmet
Oct 26 2019 at 15:07
994 postów
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.
Nice to see your awareness on money management plan; by the way, what’s your risk reward ratio?
Professional4X
Oct 27 2019 at 21:56
1189 postów
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.
Professional4X
Oct 27 2019 at 21:59
1189 postów
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.
Nikolaos (Pannik)
Oct 28 2019 at 05:58
126 postów
Risk management: When using different baskets to carry your eggs.
Money management: When all the capacity of each basket is used up.
Nikolaos (Pannik)
Oct 28 2019 at 06:00
126 postów
It minimizes losses in the case of a basket falling, but you take advantage of all the transport possibilities.
birthtamper
Oct 28 2019 at 12:22
10 postów
Although there may be technical differences the terms are often used interchangeably in the Forex world
Adribaasmet
Oct 28 2019 at 14:15
994 postów
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!
peter_fx
Nov 05 2019 at 10:20
21 postów
birthtamper posted:
Although there may be technical differences the terms are often used interchangeably in the Forex world
Agreed, technically they are distinct no doubt, but then their end motive is more or less similar only.
richard2
Nov 06 2019 at 07:54
38 postów
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.
Smith88
Nov 07 2019 at 09:38
25 postów
Earning money is the guiding force in both, but how you earn, that is what is different in both the markets.
steveday1976
Nov 08 2019 at 15:58
57 postów
You need to have both, without question.
Professional4X
Nov 10 2019 at 09:08
1189 postów
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.
Zaloguj się aby skomentować .