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Money Management Tips

Oct 19, 2020 at 06:48
5,704 Visa
186 Replies
Medlem sedan Aug 17, 2022   80 inlägg
Aug 22, 2022 at 04:34
In order to safeguard your capital and succeed in trading over the long run, it is crucial to have a solid grasp of the many aspects of risk and to implement a plan to control uncertainties.So Money management is important in all aspects of trading.
Medlem sedan Aug 17, 2022   39 inlägg
Aug 22, 2022 at 05:10
The most basic money management Tips: Do not indulge in overtrading, Use Stop loss, trade only the amount that you can afford to put at risk.
forex_trader_2983986
Medlem sedan Aug 04, 2022   31 inlägg
Aug 22, 2022 at 06:09
tyson_learner posted:
The most basic money management Tips: Do not indulge in overtrading, Use Stop loss, trade only the amount that you can afford to put at risk.
Rightly said. Stops is a Good step. I use Automated Stops and this reduces the work loads for me and increase profits.
Medlem sedan Aug 17, 2022   45 inlägg
Aug 23, 2022 at 12:06
Money management will provide growth to your account when correctly trading a strategy with a positive expectancy. Some of the tips that I think can be useful for you:
1. Decide how much you want to risk per trade, and never over trade beyond your limits.
2. Always use Stop Loss orders to reduce their risk and avoid a potentially disastrous loss.

Medlem sedan Aug 17, 2022   80 inlägg
Aug 24, 2022 at 03:52

Money plays an important role in trading, but one should focus on learning rather than focusing only on money.Money is the result of what you learn and apply.
Medlem sedan Aug 08, 2022   20 inlägg
Aug 26, 2022 at 11:08
Successful traders are good money managers. They know how to manage their funds and invest it wisely in trades. You can start with dividing your funds into trades based on the probability of the trade. Doing this will ensure that even if you lose one trade you can still make profit from the other.
Medlem sedan Aug 02, 2022   18 inlägg
Aug 26, 2022 at 11:56
You must never trade if you have not done your planning. The market may seem easy to understand until you lose your money. So, put a stop to your greed and be cautious about your moves.
Medlem sedan Feb 16, 2022   63 inlägg
Aug 28, 2022 at 15:44
Newbies should learn how to determine the actual market trend because market trend plays a vital role to generate a signal over the market.
Medlem sedan Jul 26, 2022   49 inlägg
Aug 31, 2022 at 07:16
The basic money management tip is to wisely use your money where needed.

Medlem sedan Aug 05, 2021   401 inlägg
Sep 22, 2022 at 16:35
Fx_keeth posted:
Money management will provide growth to your account when correctly trading a strategy with a positive expectancy. Some of the tips that I think can be useful for you:
1. Decide how much you want to risk per trade, and never over trade beyond your limits.
2. Always use Stop Loss orders to reduce their risk and avoid a potentially disastrous loss.

Good tips! Super important for not blowing your account.
Medlem sedan Nov 15, 2022   24 inlägg
Nov 30, 2022 at 08:57
Don't overtrade the market in forex , is what I learnt as a trader.
Medlem sedan Jul 23, 2020   869 inlägg
Dec 03, 2022 at 10:39
Flourish your trading performance by adopting appropriate measure of actions. Majority of the forex traders suffer performance anxiety.
Medlem sedan Feb 16, 2022   119 inlägg
Dec 06, 2022 at 18:19
To make every week profitable, you have to follow the right trading strategy. Don’t go for revenge trading and remain satisfied with what you have earned. But
Medlem sedan Jul 23, 2020   869 inlägg
Dec 08, 2022 at 15:20
In Forex, knowledge is considered to nothing. Education is now quite easier than before because of the availability of internet. Read online e-books and watch video tutorials to flourish your knowledge.
Medlem sedan Feb 15, 2022   219 inlägg
Dec 09, 2022 at 10:29
To capture these points, try to use trend lines and fibonacchi. It shows traders with different trading angles and points. Moving average and RSI are good indicators.
Medlem sedan Apr 03, 2021   470 inlägg
Dec 11, 2022 at 21:20
There are so many professional traders suggest to take a risk not more than 2% from initial investment, with tight risk management hence will increasing opportunities open new order again when first trade get fail. Traders also can use pending order to manage tight risk management.
Medlem sedan Dec 12, 2022   2 inlägg
Dec 12, 2022 at 08:48
Los tutoriales en vídeo son una gran herramienta para adquirir conocimientos prácticos. Con la ayuda de tales lecciones comencé a usar indicadores RSI
Never give up
Medlem sedan Jan 21, 2022   57 inlägg
Dec 16, 2022 at 07:41
davesper posted:
I strongly advise you to think several times and calculate different options. Often people do not pay attention to this, and then the results are not the most positive.
this is strong advice. Newbies should keep their options and mind open to adapting to change and learn how to pick the right opportunities. To receive positive results, traders need to get their timing right. After all, without time and money management, it is tough to earn profit on a regular basis.
Medlem sedan Aug 20, 2020   27 inlägg
Dec 19, 2022 at 14:00
For a trading career to be successful, money management is essential. You're setting yourself up for failure if you don't have a reliable system for controlling both your financial resources and your risks.
Medlem sedan Apr 03, 2021   470 inlägg
Dec 21, 2022 at 23:24
AbbasAliKhan08 posted:
but the main problem is , to build a powerful money management need a long time experience with gre4at level of patience. so traders lost inter after passing sometime.
Yes, it is hard to keep the discipline to work based risk management plan, however, discipline is required to shape a successful trading strategy. Traders need strong psychology to keep discipline trading.
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