money manage and leverage

May 02, 2019 at 07:45
Przeglądane 3,549
64 Replies
Uczestnik z May 30, 2022   27 postów
Jun 14, 2022 at 06:56
Money management and risk management are 2 major components for success in forex. You cannot survive in the market if you are unable to manage your capital and risk. The 2% rule is very valid and should be followed by all in order to keep your drawdown in limit.
Uczestnik z Aug 05, 2021   401 postów
Jun 15, 2022 at 14:33
It's nice to have the option to use high leverage but I always stick with around 1:100 - I think a lot of traders misuse it and it raises their risk by quite a lot.
Uczestnik z Jun 03, 2022   17 postów
Jun 22, 2022 at 07:19
A major aspect of money management is to take control over your emotions, because through money management you are taught not to overspend your money out of rage and greed. Many people do not understand leverage, and use unnecessary ratios because they are driven by greed to earn more profits.
Remember that in order to earn profits with leverage, you must also have to learn proper risk management and analysis skills. Leverage is a double sided sword, so always be careful when using it.
Uczestnik z Jun 06, 2022   9 postów
Jun 22, 2022 at 09:22
NikkiStrickland posted:
A major aspect of money management is to take control over your emotions, because through money management you are taught not to overspend your money out of rage and greed. Many people do not understand leverage, and use unnecessary ratios because they are driven by greed to earn more profits.
Remember that in order to earn profits with leverage, you must also have to learn proper risk management and analysis skills. Leverage is a double sided sword, so always be careful when using it.

Leverage is so misunderstood. Even by regulators. Leverage is a good and safe thing to have if you understand it and can use it properly
Uczestnik z Jun 12, 2021   132 postów
Jun 23, 2022 at 11:17
that is perfect answer. agree
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