What is the function of Money Management in Forex?

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Originally Posted by mukas

well to me i personally think money management very important role for the health of your account. the point is how you can maximize the profit you earn and minimize the losses that you may be experiencing. so, our goal in forex trading is how we can survive and can generate profits consistently.

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of course, that money management is very important, because this is a very risky business, we should be able to cope with all the risks, and the management of money, we could do a better trade, of course, with the use of appropriate strategies.

we can make a good trading plan base on our money management also and high risky trading business and we need to take not more than risk at every trade and we need to trade with confidence

jahan tak iss kaam money managment ke liye aap ko bht mehnat krney ki zaroorat ha aap ko chahiye ke iss kaam ko pori mehnat se krna ha iss se hi aap ko fayda ha iss kaam ko krney ke liye aap ko iss kaam ko pori mehnat se karen iss main hi aap ko fayda ho sakta ha iss main aap ko bht fayda ha

money management can play a good role and is also separates a good trader from a bad one , a trader thinks that only with a right trading strategy everyone can make profit this can be true but bad strategies can also be converted into less losses by money management and profit can be increased , right money management teaches us not to risk too much money in a single trade , and right leverage to use according to the account size.

dear ager hum money management ko ignore ker dain forex trading mai to yah imposible hai k hum easily profit earn kerne main kaamyab ho jaye kun k forex trading main money management ki boht boht aur boht zyada importance hai so ise ignaore kerna mutlab profit earn kerne ko ignore kerna hai :)

moeny managment is having big importance not even in the forex business but in any business and also in the real life, well managmed traders are often considered to be the best traders in any market of the world, so manage your money while trading and you will be successful.

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Originally Posted by Pisces07

jahan tak iss kaam money managment ke liye aap ko bht mehnat krney ki zaroorat ha aap ko chahiye ke iss kaam ko pori mehnat se krna ha iss se hi aap ko fayda ha iss kaam ko krney ke liye aap ko iss kaam ko pori mehnat se karen iss main hi aap ko fayda ho sakta ha iss main aap ko bht fayda ha

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Bhai ji money management toh bahut jaruri hai kisi bhi business mein money management se ye fayda hota hai ke hum ye decide kar paatey hai ke humein kitna invest karna chaiye aur kitna nahi aur hum ismein soch samjh kar invest kartey hai ye sab money management ki wajah se hi hota hai hum bewajah invest kartey hai aur risk nahi lete hai.

My dear brother, thank you to broach the subject and wish to report even a little.
I think that that is a real Japanese candles Most traders considered the BL Japanese candles are the most important

Dear jahan tak meri knowledge hai ke money managment ka forex mein yehi function hai ke hum ko trading ke liye per trade kitna risk uthana chahiye apne capital ke hisaab se kiya lot size use karein jis se risk bhi naa ho aur profit bhi acha mile and apne capital ke liye suitabel leverage ka selection karein...

The main function of money management is manage our margin, to determine the lotsize that may we can use for trading. we can calculate the lotsize, the number of pips as our target profit, and how much money that may we can get per trade