Elena Triston
(ele020)
Uczestnik z Apr 15, 2020
219 postów
Jul 16 2021 at 04:14
sopranoberidze posted:
The best money management strategy is to stop trading immediately. That is the only way to minimize losses. Almost everyone loses at Forex
Thats not the fact. People loose because they do not trade sensibly and just jump to conclusions without prior analysis.
The more your practice, the more you learn.
Tradelist45
Uczestnik z Jun 26, 2020
226 postów
Jul 16 2021 at 08:34
managing money and risk its all about avoiding unfortunate risk and losses , so we the traders always have to follow our money management , if we want to lead a healthy trading life.
karlaelliott
Uczestnik z Jun 08, 2021
10 postów
Jul 22 2021 at 07:34
Money management is one of the keys to mitigate risk. I would recommend no overtrading but always planned trading. I have been successful this way.
Marcel Durham
(MarcellusLux)
Uczestnik z May 19, 2020
145 postów
Jul 22 2021 at 12:17
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
@Marcellus8610
MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
CatWalker posted:MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
or just trade news =)
Money management is very very important, and so it risk management. They need to go hand in hand. You also need to have some proper knowledge of the market. Money management will be based on a plan that you have, and as you said every trader will have his ir her own plan, such as not exceeding 2% of your capital in any trade.
What is difference between money management and risk management?
SteveHanks
Uczestnik z Mar 17, 2021
536 postów
Jul 23 2021 at 12:33
CakeMoss posted:
What is difference between money management and risk management?
I think their is no difference.
Marcel Durham
(MarcellusLux)
Uczestnik z May 19, 2020
145 postów
Jul 23 2021 at 18:56
CatWalker posted:MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
The risk analysis is based on technical and fundamental analysis of the current market situation. At the same time, I take into account market volatility, the impact of possible historical levels and the psychology of market participants (investor sentiment). This allows me to get data on the current market position and assess the future prospects for the development of different scenarios. The start position of gain/loss I try to adhere to is 3/1
@Marcellus8610
UweMoench
Uczestnik z Jul 19, 2020
751 postów
Jul 24 2021 at 11:11
@CakeMoss Money management tells you how much money you should should to open a trade. Risk management tells you how you can manage your risk in trading.
Davidfx89
Uczestnik z Apr 19, 2021
128 postów
Jul 25 2021 at 08:59
what you think there is any difference between money and risk management ? its all about same or any difference ?
WaltonCharles
Uczestnik z Mar 21, 2021
144 postów
Jul 25 2021 at 11:45
Davidfx89 posted:
what you think there is any difference between money and risk management ? its all about same or any difference ?
I think both are same.
CraigMcG2020
Uczestnik z Jul 20, 2020
302 postów
Jul 25 2021 at 15:31
Its quite similar risk management helps your money management.
Marcel Durham
(MarcellusLux)
Uczestnik z May 19, 2020
145 postów
Jul 26 2021 at 11:21
Money management it's more about lot size, instruments chosen, funds allocation, portfolio building, but risk management includes evaluation of possible scenarios, assessment of probably losses related to these risks, using stop orders and RRR calculation.
@Marcellus8610
Tradelist45
Uczestnik z Jun 26, 2020
226 postów
Jul 29 2021 at 07:31
consistence profit from Forex trading is a big deal , really i have never done this ,
its only for professional traders. and i have no interest on stocks.
its only for professional traders. and i have no interest on stocks.
Tremblay
Uczestnik z Feb 23, 2021
330 postów
Jul 29 2021 at 09:56
Tradelist45 posted:
consistence profit from Forex trading is a big deal , really i have never done this ,
its only for professional traders. and i have no interest on stocks.
It is the toughest thing in this market.
croisssan
Uczestnik z Jul 22, 2021
939 postów
Jul 29 2021 at 10:05
For a trader, the issue of proper money management is extremely important. Only in this way is there a possibility of correct distribution
Davidfx89
Uczestnik z Apr 19, 2021
128 postów
Jul 29 2021 at 10:14
sometimes any kind of money management fails to work , so it is more appropriate to develop our trading strategies .