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We should have at least 1:2 risk-reward ratio to be a long time successful trader. So before entering a trade in forex market make sure that you have a high risk reward ratio to survive in this high risk investment market. I think 1:4 or higher risk reward ratio is the best choice for professional forex trader. I also suggested by a few traders that 1:3 is also good but if you trade rarely then 1:4 is best for opportunity seekers. Lets assume that we are entering a trade with stop loss of 20 pips. In that case we should have at least 80 pips take profit set initially.
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The forex is very interesting and lot of good money making opportunity that every trader will earn this way who will success here . The every expert trader will earn and doing this business earn the lot of money here easily.
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forex trading main money management ka hona bht jarori hai achi money management se hmari account safe rehti hai loss par bhi bachne ka way rehta hai hum target set lekar chalte hai ki itna nearabout hummme money bnanah ai
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No one becomes from this volatile trading place, if he does know, how to manage money. And, despite of good trading knowledge, it is not possible to make profit constancy, if you do not have an accurate trading plan. We should know that if our trading is done with proper money management skills then we will be able to control our losses and also make sure that our money is safe
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i am also new in trading market and i have also this question on my mind i appriciate your question avoid greed in order to maximize profit there. I use a money management with daily profit targert 10 Pip
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brother i think that money management is to invest in such a way that even if the market moves to worst position that's possible you do not loose your account and end up with nothing. they say only to invest 5-10% of your trading capital for a particular trade. before doing that u should calculate the range of the market within which the currency of your choice fluctuates. then u should assess and see the no of lots u can open according to your trading capital so that even if the market moves to the lowest point your account dosent close automatically. this is what i understand as money management. it is the best online business
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Forex market me money management koi hard topic nahi hy per is per impliment karna kafi mushkal hy bohat kam log hen jo forex trading karte hoe apne capital ko full manage karte he wo apni investment se bari trade nahi lagate or minimum leverage use karte hen
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forex trading mn money management ki bht zuroort hoti hai iss se greed controll rehta hai loss bht km hoa hai chance bhee bht km rehty hain loss ke iss se emotions bhee controll mn rehty hain orr inko controll mn rehna bht zuroori hota hai kyun k jb insan apny emotions mn aa jata hai to phir usko loss honay ke bht chances hoty hain
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money management is the basic things and we have to make proper plan for our maintenance of account .without maintenance of our account t will became disaster for us ,sometimes we are making profit and sometimes loss and we need to keep the balance into our business stability by taking proper money management .
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Discipline yehi hai kay forex me proper timing pe trade Karen, volume apny capital kay hisab se rakhen, Target ko pre calculate Karen, Trade ko time dain or sabar se kaam lain, Jald bazi na Karen. Ab agar koi ye kam nahi kary ga tu hamesha iska reverse hoga or is se trading me loss hoga or sara din screen kay samny bethna pary ga. Discipline humen is qabil kar deta hai kay hum market ko kam se kam time de kar ziada profit le sakty hain.
