The simple way is this that you first decide which pair are you going to invest in.good discipline and patience are needed at this business besides the trader have good knowledge
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The simple way is this that you first decide which pair are you going to invest in.good discipline and patience are needed at this business besides the trader have good knowledge
money management is much good for us if we manage our money well and we read forecast on the daily basis and follow the forex market rules and trend then forex market never give us loss so always try for best to win more and easy and very fast money, and if you want to manage your money the you should need to divide your money with 1000 to know what will be your volume.
nothing can be managed will all of us. that we should risk just abouit 2% of our account in single trade but if you feel you can risk more than that without having emotiont,hen you can go ahead with it.. Money management in my own opinion is risking whatever you feel comfortable to lose in a trade,though it is a standard
Must important subject is money management on the Forex business. in Forex trading cannot be underestimated. when finances are not managed properly can do. Those Forex investors they have either failed to demonstrate money management while trading or did not show interest. Trader are failed his account stock for his money management. So, we need to understanding with more and more learning about of money management on the Forex business.
if so it might be worthwhile if the risk of 100 percent is not applicable to profit in the range of small amounts so that we have a great possibility, because with greater range of price movements that we wait for the opportunity loss was smaller ...
yes besides minimizing the risk then we have done a tundakan anticipate using good planning, the potential that we will suffer defeat a little more. it is often overlooked by traders.
forex is a good job.very important for us to be able to manage the funds that we use to trade with the good. if we had a capital of $ 100, then we should be able to use the trade 0.01 lot size. This can minimize the risk of trading when we got the loss.best of luck............................................
Money management is an important point in forex market. different trader take different strategy to mange the money. if you have $100usd you lot size may be 0.16 or 0.1. you can take risk ten or fifteen percent of your total amount.
Forex is a good job. actually money management is also one of the important part of the trading in forex, because everyone wants to know about it,as i am the newbie and therefore i also not know about the money management calculation process, share it with us also if you have knowledge about it. Good luck.
I think forex can make you rich quality.It's good to be part time trader because we can do many things and get many also in certain period of time. It's good if we can have connection while we are working so when we can make consistent money we can ask our friend to invest their money in our trading.Be careful................