Edit Your Comment
Money Management
Sep 10, 2017 at 08:04
Membro Desde Aug 11, 2017
886 posts
Actually without proper money management even the best strategy would yield poor result. Money management begins with determining the lot size or allocation of capital to a trade. This is followed by assessment of risk to reward ratio and usage of stop loss and take profit facility. Unless and otherwise a trader is adept in all the criteria mentioned above, it would be very difficult to come out successfully in the long term. Very few traders are exceptional in money management and so they perform exceedingly well than others even when similar trading strategy is used.
Sep 12, 2017 at 14:41
Membro Desde Apr 18, 2017
920 posts
Money management is the key to success in the trading industry! Basically, pro traders can recover their losing trade positions so quickly because they follow the terms of money management as well as risk management policies so honestly!
Sep 13, 2017 at 14:48
Membro Desde Feb 12, 2016
427 posts
It depends what exactly each one understands from Money Management. If this is just management of your own capital and investments - it's fine as long as you follow your trading plan. If you mean for the Money Management of someone who trades with your money - I don't really trust these.
I think their main focus is on have more people to be subscribers and to earn from the mass. Be careful who you trust regarding your own Money Management.
I think their main focus is on have more people to be subscribers and to earn from the mass. Be careful who you trust regarding your own Money Management.
Accept the loss as experience
Nov 10, 2017 at 11:00
Membro Desde Aug 11, 2017
886 posts
Your money management skill is that which makes you remain in the market. A trader that finds it difficult to manage high capital finds himself out of the market sooner that he expects. It doesn’t come easy and the skill required in risk management is one that grows with time.
Jul 31, 2019 at 14:20
Membro Desde Apr 18, 2017
718 posts
Mohammadi posted:
Your money management skill is that which makes you remain in the market. A trader that finds it difficult to manage high capital finds himself out of the market sooner that he expects. It doesn’t come easy and the skill required in risk management is one that grows with time.
It’s important! Money management is the advance level of knowledge that traders need to learn properly after basic trading! New traders should focus on technical & then the fundamental afterwards; money management and risk management!
Membro Desde Dec 06, 2017
12 posts
Aug 03, 2019 at 10:18
Membro Desde May 31, 2019
12 posts
Mohammadi posted:Damn true! risk management is the key to stay in this business.
Your money management skill is that which makes you remain in the market. A trader that finds it difficult to manage high capital finds himself out of the market sooner that he expects. It doesn’t come easy and the skill required in risk management is one that grows with time.
Membro Desde May 10, 2019
27 posts
Aug 13, 2019 at 17:35
Membro Desde May 10, 2019
27 posts
I do not always use money management. I can change the number of transactions or the amount of money. I am a very gambler.
I noticed that I am losing less money over time. I hope that this is my merit and in the future I will be able to live without money management.
I noticed that I am losing less money over time. I hope that this is my merit and in the future I will be able to live without money management.
Aug 23, 2019 at 15:52
Membro Desde Apr 18, 2017
920 posts
Anayallador posted:
I do not always use money management. I can change the number of transactions or the amount of money. I am a very gambler.
I noticed that I am losing less money over time. I hope that this is my merit and in the future I will be able to live without money management.
Really? Then what’s your highest risk reward ratio on per trade while you do avoid the rules of MM?
Membro Desde Aug 27, 2017
994 posts
Aug 27, 2019 at 13:47
Membro Desde Aug 27, 2017
994 posts
ForexAngell posted:Anayallador posted:
I do not always use money management. I can change the number of transactions or the amount of money. I am a very gambler.
I noticed that I am losing less money over time. I hope that this is my merit and in the future I will be able to live without money management.
Please, explain what do you mean 'without money management'? All that you analyse about your past and future trades that is your money management.
I guess; this guy isn’t available right now because of following unrealistic game plan on trading!
keeping patience.......
Membro Desde Nov 09, 2018
212 posts
Aug 28, 2019 at 11:36
Membro Desde Nov 09, 2018
212 posts
There is no one ideal way to make money on Forex and other markets, because any market is a collection of factors that directly affect the general system of these factors. It is pointless to consider money management and strategies as a separate component. It is much more important to understand how to use a trading strategy and money management in different market conditions.
#AnthonyWins
Aug 28, 2019 at 16:19
Membro Desde Apr 18, 2017
718 posts
AnthonyWins posted:
There is no one ideal way to make money on Forex and other markets, because any market is a collection of factors that directly affect the general system of these factors. It is pointless to consider money management and strategies as a separate component. It is much more important to understand how to use a trading strategy and money management in different market conditions.
I got yours point; really depending on any specific data is meaningless & the result is very costly!
Membro Desde Dec 06, 2017
12 posts
Aug 28, 2019 at 19:35
Membro Desde Dec 06, 2017
12 posts
Adribaasmet posted:ForexAngell posted:Anayallador posted:
I do not always use money management. I can change the number of transactions or the amount of money. I am a very gambler.
I noticed that I am losing less money over time. I hope that this is my merit and in the future I will be able to live without money management.
Please, explain what do you mean 'without money management'? All that you analyse about your past and future trades that is your money management.
I guess; this guy isn’t available right now because of following unrealistic game plan on trading!
I think that those who are serious about trading will work hard to achieve results and improve trading every day. And if a trader use trading as a game, then the profit will also be like a “toy money”.
Sep 29, 2019 at 16:55
Membro Desde Apr 18, 2017
718 posts
ForexAngell posted:Adribaasmet posted:ForexAngell posted:Anayallador posted:
I do not always use money management. I can change the number of transactions or the amount of money. I am a very gambler.
I noticed that I am losing less money over time. I hope that this is my merit and in the future I will be able to live without money management.
Please, explain what do you mean 'without money management'? All that you analyse about your past and future trades that is your money management.
I guess; this guy isn’t available right now because of following unrealistic game plan on trading!
I think that those who are serious about trading will work hard to achieve results and improve trading every day. And if a trader use trading as a game, then the profit will also be like a “toy money”.
A perfect example! Which traders are sinuous on trading; only they are able to make a decent return her; otherwise no way!
Membro Desde Oct 07, 2019
2 posts
*Uso comercial e spam não serão tolerados, podendo resultar no encerramento da conta.
Dica: Postar uma imagem/URL do YouTube irá incorporá-la automaticamente no seu post!
Dica: Insira o sinal @ para preencher automaticamente um nome de utilizador que participe nesta discussão.