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Money Management Tips
Uczestnik z Jul 19, 2020
310 postów
Oct 19, 2020 at 06:48
Uczestnik z Jul 19, 2020
310 postów
Money management is vital for trading. You ought to have a few principles to take after. Trading size ought to be chosen by your money management rules. The most popular rule is don't risk over 2% of your capital in a trade. But, it doesn't mean you can open many trades. Your aggregate risk ought not surpass 2% of your capital.
Uczestnik z Jul 19, 2020
749 postów
Oct 21, 2020 at 13:01
Uczestnik z Jul 19, 2020
749 postów
Money management is the most vital thing after analysis. If we do not manage our money properly we are going to lose everything soon . Most people do not bother about risk management and money management. They play blind.
Uczestnik z Aug 17, 2020
121 postów
Oct 21, 2020 at 14:33
Uczestnik z Aug 17, 2020
121 postów
You are very right. I think money management is a skill that should be taught to people as they grow up, it is important to everyone, not just people who trade or invest. If you trade to make a living or make money for your retired years, you also have to be very aware of how much money you need each month.
Uczestnik z Jul 19, 2020
742 postów
Oct 22, 2020 at 01:24
Uczestnik z Jul 19, 2020
742 postów
Money management is an important part of trading. The part I love the most. If a trader wants to trade successfully, he must first follow the Money Management Rules. Money management can guide investment in the right direction.
Uczestnik z Jul 20, 2020
278 postów
Oct 27, 2020 at 09:46
Uczestnik z Jul 20, 2020
278 postów
If you want to build a successful career in the forex market, you have to make the proper management of your money. This is the most important thing to do in forex trading to make profits.
Uczestnik z Mar 16, 2020
54 postów
Uczestnik z Aug 24, 2020
17 postów
Uczestnik z Jul 20, 2020
286 postów
Oct 28, 2020 at 01:23
Uczestnik z Jul 20, 2020
286 postów
It is not possible to make a consistent profit if money management is not maintained properly. Many traders focus on money management the most. Because if you want to succeed in trading, you must use money management.
Oct 30, 2020 at 10:26
Uczestnik z Oct 30, 2019
22 postów
To better last with your money you need to get rid of dreed for money most of the traders develop greed the moment they make a significant amount on their first few days trading forex and son they keep on trading recklessly with the hope that they will make a lot of cash.
Oct 30, 2020 at 11:07
Uczestnik z Dec 20, 2019
23 postów
As a forex trader you need to trade with a plan because that is when you will enable to properly manage your money because a trading plan and money management are pretty much similar and it is all about how you take it that determines how you are going to make it in forex, If you want success shine you need to manage your money as best as possible.
Oct 30, 2020 at 12:34
Uczestnik z Aug 30, 2020
15 postów
The best money management tip that you can get when you join forex is that i should never put in your savings to forex trading no matter how good you think you are. If you are going put in your savings then put in a very small amount from your savings that will not have a huge impact if you lose it all. Forex is al about risks.
Uczestnik z Jul 19, 2020
283 postów
Oct 30, 2020 at 19:17
Uczestnik z Jul 19, 2020
283 postów
Money management in the forex market is the most difficult job. If you can not make it perfectly you have to face a great loss.
Uczestnik z Aug 17, 2020
121 postów
Nov 02, 2020 at 07:40
Uczestnik z Aug 17, 2020
121 postów
Trallod posted:
To better last with your money you need to get rid of dreed for money most of the traders develop greed the moment they make a significant amount on their first few days trading forex and son they keep on trading recklessly with the hope that they will make a lot of cash.
Yes, also many traders come into forex greedy to begin with, not being aware how important it is to know how much risk they can afford to take.
Uczestnik z Apr 15, 2020
187 postów
Nov 02, 2020 at 10:13
Uczestnik z Apr 15, 2020
187 postów
The answers for all complex questions are found in basic concepts. The key to money management is obtained by blindly following these tips;
1. Conduct Thorough Research
2. Be realistic in your approach
3. Manage your money
4. Speak to other traders
5. Always use a stop loss
1. Conduct Thorough Research
2. Be realistic in your approach
3. Manage your money
4. Speak to other traders
5. Always use a stop loss
The more your practice, the more you learn.
Nov 02, 2020 at 12:19
Uczestnik z Nov 02, 2020
52 postów
DoraWalletInvest posted:Trallod posted:
To better last with your money you need to get rid of dreed for money most of the traders develop greed the moment they make a significant amount on their first few days trading forex and son they keep on trading recklessly with the hope that they will make a lot of cash.
Yes, also many traders come into forex greedy to begin with, not being aware how important it is to know how much risk they can afford to take.
Fear is really very constraining and does not provide an opportunity to make and the right decision, and the sooner we learn to cope with it, the easier it will be when new to trade.

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