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good mangment kay leye apko acha say acha kaam karna ho ga or achy kaam kay leye apko learning b karni ho ge ap ko is mein achy sy work krna ho ga ager ap k account mein acha capital ho ga phir is mein work kr k ap profit asil kr sakain gy phir apni money ki management kr sakain gy
I think the money that a menejement good good in trading and as a support in running forex because forex is a business so do with the management of the good and true and all need process and patience. and it must be performed with the patient.:yahoo:
Tion i think you will be bankrupt also (but in slow pace) rather than rex traders will only be successful if it is able to survive in the forex trading business till For that we must need to gather a good money management knowledge after all The way we could avoid from having big losses is by following proper money management It can imagined like driving a car you need to know how to only Knowledge and experience are the key to success in forex trading
Money management is one way to set it capital stock that produces a profit as we want. money management focuses on the discipline of a trader.
Yes no doubt about this if good money management is is really important in forex trading business. I am sure those trader who do not follow any proper money management then eventually they will face margin call sooner or later. Its mean if we want to survive in forex business and we are a new trader, it is very recommended at first of all we make a good money management system and try this performance on our demo account. if it is really work well on demo then try it on our real trade.Quote:
Originally Posted by rima53
if you want to maintain the good money management you should have to keep your eyes on news and you should follow the news related to forex market other than that news you should trade peacefully and with alot of satisfaction if you trade fast without having the news may be you shall face loss and there wont be a good money management
So at first we have to control greediness then have to do money management that I have learnt from the past when I use 20% of my account to trade that so you can learn more by practicing demo and it can give you the real experience while though i disagree with the general notion of risking 2% of your capital per trade i know for sure that disregard for proper money management is the bane of many unsuccessful traders
Of having to maintain with the most recent about Forex is usually to continuously continue to be hunting for completely new information. When you read everything you find about Forex, it will not carry long that you should become a influential power. No matter if you are some sort of futures brokerage,
yes good money management is too essential because its money who makes more money for us, if we use money with good management then it is too near to make profit from the forex business so we have to manage our money according to the situation, good money management means good profit.
If traders do not follow money management and just try to use a high lot size they will get the big loss after make a wrong trade that money management very important i know but i realize it more later while i lost my couple of trading capital because of greed! till money management is essential for both short and long term trade but we mostly not pay attention to that thats why mostly we face losses after getting the profit from forex market