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Money Management Tips
Jul 18, 2022 at 17:01
会员从Jun 08, 2022开始
7帖子
Cathedra posted:
Here are some tips for managing your money:
1. Do not overtrade the market.
2. Divide your funds. Avoid putting your whole money in a single trade.
3. Decide how much you want to risk per trade.
4. Use stop loss order.
5. Calculate position size correctly.
6. Be careful while trading on leverage.
Good list. Using stop-loss has to be the #1 important one for me
会员从Jul 04, 2022开始
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Jul 21, 2022 at 10:25
会员从Jul 04, 2022开始
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The advice you gave is very helpful. You need to think about the security of your finances in advance. This is especially true for working with traders, as it was already noted below in the comments. For example, I work as a doctor, but I always seek financial advice. You need to regularly set aside about 10-30% of the funds as soon as large amounts arrive, such as a salary or bonus. It is worth saving money even before paying all bills and purchases. There are a lot of useful articles on the Internet about this. Still, if someone suddenly wants to take the finance issue seriously, then the consultation https://www.thefinitygroup.com/financial-planning-for-physicians can help you. This is a complex topic, but it has a future perspective, so it is better to deal with it now. What do you think about it?
会员从Jun 22, 2022开始
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forex_trader_2983986
会员从Aug 04, 2022开始
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Aug 22, 2022 at 00:19
会员从Apr 03, 2021开始
437帖子
How to minimize the risk in trading is important, we need to works using money management plan, included risk management, how to put stop loss we can using pending order in accordance to manage our risk in percentage, we can make sharp trading skills to get best price.
会员从Aug 17, 2022开始
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会员从Aug 17, 2022开始
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forex_trader_2983986
会员从Aug 04, 2022开始
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Aug 22, 2022 at 06:09
会员从Aug 04, 2022开始
34帖子
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.
Aug 23, 2022 at 12:06
会员从Aug 17, 2022开始
42帖子
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.
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.
会员从Aug 17, 2022开始
79帖子
会员从Aug 08, 2022开始
20帖子
Aug 26, 2022 at 11:08
会员从Aug 08, 2022开始
20帖子
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.
会员从Feb 16, 2022开始
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