Haan bhai thik kaha apne jab hum log money management ka use karte hai, to tab hum khudwa khud jaan lete hai ki jayda trades nahi lena hai bhai, yehi to bhai hum logo ko ache money management ka use karna chahiye.
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I think that the best thing you do is to enter in a one position and put your stop loss and take profit and leave the market to do his work , you should know that many entries will not just kills your account but this will put you under a huge pressure and tension for a long time and after all that you lose or you get out from the market on break even or with a little profit.
Yes,we should not open multiple trade then it's harmful for the trading ,I think you should be clear your trading platform with single trade and also try to understand the market situation and then you should be wait for the profit ,but if you doing many trade then you can not understand the market properly .
Trading in forex is risky if we open too many entry. only trade with 1-3 entry will give us much risk, moreover if we open too many entry. it will blow our account if we dont have much money in our account.
Yes having too many opened trades on your trading account greatly reduce your free account margin and consequently increase risk. This can easily wipe out your trading account and you won't even notice it until you have heavily invested and the trades are floating in loss.
bikul es tara se v hota hai bhout se trader es kam mai bhout si position ko open karte hai fer wo jab apne account balance se upar loss karte hai fer wohi margin call ki waja se apna account wash karte hai es tara wo account finish kar lete hai sabi money