What is the function of Money Management in Forex?

[arif01]

can easily trade with Forex online trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money

[taufiqbd]

What is the function of Money Management in Forex?
who can explain to me please!
Thank you so much

I think money management means how much debt I use in trading that means leverage ratio. Always take ideal debt that maximize capital as well as not crate over risk. That means you perfectly use you capital and debt.

[bistro1996]

Money management is like the discipline, traffic lights, etc.. Not a way to make a profit, but rather act to maximize profits and minimize risk. Prediction and fortune is in a trading strategy.

yes well enough without discipline we will not be able to profit
successful trader is the disciplined trader and could be responsible

[melisa]

I actually still learn and need more information about the money management that we have to use in the trading activities
but in my opinion money management used to avoid the risk of loss so that we are not get much loss if we're out of control
so maybe money management is about ther risk of loss I think

Money management is like the discipline, traffic lights, etc.. Not a way to make a profit, but rather act to maximize profits and minimize risk. Prediction and fortune is in a trading strategy.

[prawirakbari]

I actually still learn and need more information about the money management that we have to use in the trading activities
but in my opinion money management used to avoid the risk of loss so that we are not get much loss if we're out of control
so maybe money management is about ther risk of loss I think

[ahmed awad]

Money management develop work plan that controls your risk when you get an entry signal from your forex trading system. or used risk a fixed percentage of your equity per position by this method increases the size of his trades while he is winning and decreases the size of his trades when he is losing.

[echowdhury]

In the Forex money management is very important, without it we do not save our account and capital. Suppose I deposit 500$ so for that deposit my trade volume will be 1$ or 2$ not more than 3$ in this way I save my account when 100pips or more than pips down in a day. You trade .2% or .3% of your deposit account. So I hope its a good money management for you.

[safwan06]

money management is quite necessary in forex trading as well. this means a specific plan of targeting profit . thank you.

[kaia]

Functions of Money Management is to be able to maintain our capital and to keep the capital that we use does not go away just like that. At least with the Money Management Financial helped us become more and more useful for trading.

[melisa]

Forex trading money management is what makes the difference ... when you normally sleep disturbs your body rhythm and brain function.

management is very important, but it must be supported by the analysis of trading as well, because the analysis. without MM result is less, and MM without analysis results are also less, a matter of luck can be covered by the MM