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that is very good thread you are first person same with me , because in his trading there are trillions of people here if you listen to ll persons then everybody have differ mind so do trade with your mind and with your own wish because i know we can gets profit with our own strategies etc simple means that makes a targets daily then grow up your capital 10,000 to 100,000 when you will get this one then you can become millionaire in one month i sure you dear .
Money management is far required for each member. If you've got a awfully sturdy cash management system and followed it frequently then your equity do not be zero. you'll earn very little per day however your trade are going to be innocent. thus each monger ought to produce a powerful cash management system for his trade.
You are right regarding the money management calculation for a capital of $100 we are able to use simply plenty size of zero.01 and that we would be save from risk and facilitate to chop our loss short. conjointly cash management helps to guide America on the proper take profit level to use and conjointly the proper stop loss level that we are able to use for safe commercialism.
Money managment helps you to according your choice. If one is good at management money then he is having a good time in forex trading.
each strategy will have money management calculations are different, the important thing is we have to be exact in estimating risk. Do not just think about profit in forex trading, but we also have to realize that there is a big risk when we trade. so it makes the calculation of good money management is very important to us when trading.
we have to make money management in our trading account because it will make our trading
account safe , dont use more than 10 % in our trading account to trade in forex market because it will make our trading account in high risk condition.
Money management is most important for forex trade most of trade loss his capital only not follow money management rule.You always use your capital 10% every time for example your invest is 100 dollar so your trading lot is 0.01.
in fact funds supervision can be one of many crucial area of the investing inside forex trading, due to the fact every person desires to find out about that, as i feel the articular novice and so my partner and i furthermore not necessarily find out about the amount of money supervision calculations method, discuss that with us furthermore when you have informat8on about that..
mone management is a good task for running any business... but if some body has no knowledge about money calculation then thay wil calculate that mnually,which woul b ore difficut to have ccuracy......
risk managment is very good and neccessary if a trader use them more efctivly it is the best startgy one should use to protect their accounts