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I think if we want o earn more money with small amount of capital then we have to do money management, because from money management we can understand that how much risk we are going to trade that my teacher say "when you teach someone your knowledge that determine the amount of money that will be used in the forex trading is a trading plan that is in money management then You risk just 0.1 % of your deposit . Your risk is very very low , and too small for SL , because you.
money management calculation is very useful for a forex trader.a trade can't become a rich man without money management calculation.money management calculation help to get good profit.if a trader are no use money management calculation he will loss her all of deposit.
I think money management is very important in forex capital management. for example, we are greedy for market and lose large amounts of money because we use the result we would have a margin call resulting in forex money management is the number one
I believe that money management manage your money instead of we are in forex trading should use good money management so that we will get a big advantage in trading forex, I trust and believe we will benefit greatly in this forex trading buddy in fact Until you know how to mange your money well as a forex trader, no matter how good you are as a trader you will end up a failure till i think you should open cent account so you can try 2-5% risk.
Good Money management and good analysis both are so much helpful for me. But I think good analysis is most helpful for me. Because when a one have good analysis power then he will suggest good money management in trading business.Quote:
Originally Posted by Ganjar SKA
aap in indian-forex main postings karty rahain aap ko pta nahi lagay ga k aap ko kitna nuksaan hua aap k takreeban tamam nuksaanat yeh pur kar day ga or aap khush khushi kaam karo gay or humain duain dena.
In fact, money direction, it is an significant line of remonstrant acceptance trading, because they all necessary to bang nigh it, because I'm a father, and ignorance of calculation transform direction, as vessel as in our life, if you have any collection nigh it.
money management calculation is very very important because without this we cannot earn much profit. so if your balance is not much than do trade at minimum volume because it will be good for your trade. so if your balance is 55$ than you have to do trade at 0.30 or 0.20 volume according to my point of view.
I find that 5% risk is not so high risk in forex market if your trading strategy give you maximum profitable trade.How much risk you takes that it totally depend on yours as a trading plan and strategy.A good trading plan,good trading strategy and good money management system will give you satisfactory result in forex markets !!
Now u just got my point! i just want to try view what say in last post, this can help the to know what are i trying to say! i f any suggestion you can help them to correct they mistake rather than actually no need for a standard size in MM settings are required, because this trade is absolutely your own, nothing to do with the intervention of others like You must take very tiny lot with less investment and less experience.