Money Management for New Traders.

[laxman]

with using low setting for lot size and it means they have already tried to keep save their trading, and they will feel comfortable for trading and also they will not panic for some loses..
but for it they need to have good patience too, low risk is low profit too

[Abidine]

thank you for these useful post it contains a lot of informations that can heelp us organize our money management especially for beginners and by that they can make money easily so thank you for sharing

[skboyra]

generally money management means the portfolio and how much you will take leverage on the basis of your capital. high leverage is risky for the trade so i think the 1:2 leverage is best for the trader and can be well money management process.

[masudraj]

many many thinks for shearing a important post. money management is very important think in forex market. many trader fail for leak of knowledge of money management .

[agitiga]

New traders must take notre of few things about how to remain steady in this market. One is that you must risk at least 10% of your capital and it will take you about 1000pips to take you out of business which will never happen. Second, you must trade withypur stoploss and this will make any loss not to eat deep into your account. This is al I have fore now

[goldenmember]

What you have posted here is very useful that I think all traders should take notice of. Money management is really important. If you don't take care with your risk on a trade you can end up losing the account quicker than you think.

[sharabela]

Money management is the most important factor in Forex trading. Does not matter how good a trader you are or how much capital you have. If you do not manage your money properly, you are going to suffer a lot. This is what you said here and showed us how to determine lot according to our capital.

[santo.plus]

money management for new traders is very important for every traders not only for new traders.
without money management trading is so much dengerious.your account might be blowed.

[Maham Gill]

Just 4 things:

1. Maintain a fixed percentage of Account Balance for Calculating your lot size. More easier you can open any size of orders if you have for example 1000 pip backup, just like 10 cent per pip for 100$ balance and it is widely used.

2. Risk a fixed percentage of your total balance on each trade. Mostly used is 3%, like 3$ for 100$ account balance. So if you want to setup your trade now for 100$ account balance use 30 pip Stop Loss or Tolerate 30 pip loss per trade.

3. Third is how many Consecutive loss trade you might tolerate on a single trading day. Mostly used 2. It means if you loss 2 consecutive trade just stop your trading for that day.

4. Don�t change your money management system after one or two day of suffering loss.Blindly follow a fixed money management rule for your everyday trading. It will ensure your fund safety and getting consistent profit

Revision: For every 100$ account balance open 0.01 Lot(micro lot), use 30 pip stop loss or close your trade in 30 pip loss and if you loss 2 trade consecutively then don�t open any new trade on that day to recover your 60 pip. Most importantly don�t change your money management rule for that 6$ loss.

�If you use proper Money Management then any Basic, Simple or Advanced strategy will make money��

Thank you.

trading main money management boht zada zori ha esi waja sa main apna account ko management karta hon es sa mauja loss boht he kam sa kam hota ha or muja trading sa profit zada sa zada hota ha esi waja sa main trading main money management karta hon.

[newentry]

with using low setting for lot size and it means they have already tried to keep save their trading, and they will feel comfortable for trading and also they will not panic for some loses..
but for it they need to have good patience too, low risk is low profit too