MM should be applied, a good MM will bring us success in trading, with MM we minimize losses and maximize profits, regardless of our capital without MM surely MC, TS for very helpful info and Money Management Important to be consistent in the amount of money in the trade is things that are important to note. Money management is a key advantage in trading. Many professionals make more money from their money management system than trading their systems, then that day trading 8 lots, because this is a sure indication that you are not sure of the success rate of your trading system.