Both money management and trading psychology
UweMoench
Členom od Jul 19, 2020
278 príspevkov
Dec 29 2020 at 15:02
Both money management and trading psychology are key to success in forex trading. A person will fail with a good strategy if he/she ignores the importance of money management and trading psychology. It has been said that trading is 90% psychological. And it's true.
LyudmilLukanov
Členom od Jul 23, 2020
259 príspevkov
Dec 29 2020 at 17:21
Trading is a mind game. So, it is better to trade with clear mind.
winklebew
Členom od Nov 20, 2020
17 príspevkov
Jan 20 at 04:25
I agree with you. Money management is quite necessary for every trader and they should focus on it. Managing risk is also important.
KnowFinance
Členom od Jan 16, 2021
69 príspevkov
Jan 25 at 05:25
Money management with a good strategy plan does wonders in trading. They lower the risks of losses and help in making money for the long term.
Malajind
Členom od Aug 07, 2020
49 príspevkov
Jan 25 at 10:08
I completely agree with you, because when we are able to manage our capital, we are able to manage our risks.
uxStyle
Členom od Dec 26, 2018
28 príspevkov
Jan 25 at 18:23
I agree with the idea that all problems are in the head. If you can't handle something, it means you're not really committed to it - that's a 100% fact.
Simonnon
Členom od Sep 02, 2020
2 príspevkov
Jan 25 at 19:00
The main thing is to take your time.
And check out the strategies that bring you money, and the approaches that give you confidence.
And check out the strategies that bring you money, and the approaches that give you confidence.
momo3HC
Členom od Oct 20, 2018
164 príspevkov
Jan 26 at 20:34
Risk management too.
momchil_slavov@
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