It is possible to survive in trading if you can develop money management skills. But that requires a proper mentality.
Managing the risk is the most demandable ability in Forex market where risk is everywhere. My trading career, many times I fallen a great loss due to lack of exact risk management . now I am studying about this
Money management is not just a demanded function in the forex field, it is a must for those who want to get results.
Jun 11 2021 at 07:14
Money management is the most important thing in Forex and if people don't pay much attention to it, they might not survive the market for long.
Mauk posted:
Money management is not just a demanded function in the forex field, it is a must for those who want to get results.
Money management plays an important role in this market.
Money management is a very necessary thing, because lots of traders have already broke the rules of using money management and they faced losses. I believe that nowadays, tradersh ave to listen to the words and phrases which are expressed by the professional traders or those ones who hve passed all of the stages on their way to become successful traders. Money management prevails over other practices mainly because it lets you to understand how much money you can use for opening a deal and how much money you can lose in case of unforeseen circumstances. In my opinion, traders shouldn't neglect these rules.
Money, risk and emotional management are the three pillars of forex trading.
Jan 13 at 20:05
Stel386 posted:
Money, risk and emotional management are the three pillars of forex trading.
These three are the main root of success in this market.
Money management in my opinion is one of the most significant things in trading. Of course, there are too much vital things in trading, however money management as well as risk management prevail over other things, mainly because they determine how much you will stay in trading activity. Those ones who neglect the rules of money management are eliminated by the market quite fast. Those ones, who comply with these rules stay in trading pretty long. I believe that if new traders would comply all the rules which are connected to tradding activity, then perhaps they will never face unpleasant situations, or at least they would rarely face them.
ArakQW posted:
Money management in my opinion is one of the most significant things in trading. Of course, there are too much vital things in trading, however money management as well as risk management prevail over other things, mainly because they determine how much you will stay in trading activity. Those ones who neglect the rules of money management are eliminated by the market quite fast. Those ones, who comply with these rules stay in trading pretty long. I believe that if new traders would comply all the rules which are connected to tradding activity, then perhaps they will never face unpleasant situations, or at least they would rarely face them.
I completely agree with you.
I think that money management as crucial as forecasting the market. It’s believed that a trader shouldn’t risk more than 5% or 10% of his trading deposit. I think it could be reasonable if a trader has one depo, he’s not very experienced and he doesn’t have too much extra money.
Experienced traders may adhere to other money management laws. This idea came to my mind recently. I think that he may have one or several depos for conservative trading where the rule mentioned above matters and he may have several extra accounts for risky trading where he can afford putting the whole depo at stake if it really makes sense in some market situations.
Experienced traders may adhere to other money management laws. This idea came to my mind recently. I think that he may have one or several depos for conservative trading where the rule mentioned above matters and he may have several extra accounts for risky trading where he can afford putting the whole depo at stake if it really makes sense in some market situations.
Brocomos posted:
I think that money management as crucial as forecasting the market. It’s believed that a trader shouldn’t risk more than 5% or 10% of his trading deposit. I think it could be reasonable if a trader has one depo, he’s not very experienced and he doesn’t have too much extra money.
Experienced traders may adhere to other money management laws. This idea came to my mind recently. I think that he may have one or several depos for conservative trading where the rule mentioned above matters and he may have several extra accounts for risky trading where he can afford putting the whole depo at stake if it really makes sense in some market situations.
Exactly, money management is very important in trading. If you trade with money management, you can often trade with low investment.
Trading without money management is gambling. Forex trading is not a way to gamble. You can try your luck by visiting a casino or buying lottery tickets.
Jan 30 at 07:11
Support and resistance levels are essential tools for any trader. The deeper you go, the more you realize how important it is to apply them to trading correctly with proper Money Management
Have your trading charts ready!
Jan 30 at 18:05
Mohammadi posted:
Managing the risk is the most demandable ability in Forex market where risk is everywhere. My trading career, many times I fallen a great loss due to lack of exact risk management . now I am studying about this
you need a good plan to manage yor risks.
Jan 31 at 07:09
Traders who have a proper money management plan will be more likely to make returns consistently. A money management plan should involve determining the amount of money that should be risked on each trade.
Most forex traders begin their trading account with large sums of money without really knowing how to manage their cash properly. It is very important to have a definitive capital management plan in forex trading. This plan aims for the trader to take advantage of every possible opportunity that could arise when trading with the forex market.
Money management is the basic skill that every trader should have and it will make your trading so much safer and deal with less risk of loss.
Brocomos posted:
I think that money management as crucial as forecasting the market. It’s believed that a trader shouldn’t risk more than 5% or 10% of his trading deposit. I think it could be reasonable if a trader has one depo, he’s not very experienced and he doesn’t have too much extra money.
Experienced traders may adhere to other money management laws. This idea came to my mind recently. I think that he may have one or several depos for conservative trading where the rule mentioned above matters and he may have several extra accounts for risky trading where he can afford putting the whole depo at stake if it really makes sense in some market situations.
its a very fine reply , got so many fine lines, thanks for your nice post.
โปรดเข้าสู่ระบบเพื่อแสดงความคิดเห็น
