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money management is a part of the trading strategy is quite important, because with a good money management trading then we do become more secure and comfortable so the psychology of trading for the better, if not in the capital managed properly it will quickly run out because usually there achieving profit is greed that actually even be faster loss.
actually money direction is also one of the consequential air of the trading in forex, because everyone wants to eff near it,as i am the newbie and thus i also not know active the money direction preparation operation, percentage it with us also if you somebody knowledge virtually it.
If you have $100 I think you open 0.01 lot size maybe it’s will be good for you, because there have very short risk. If you have perfect knowledge about any currency so as your wish it is very important to manage the fund that we use the tarde
I have my money management calculation, I just compare to bank interest to my daily procetage profits, so I will keep avoiding my self become greedy traders. Just be consistent with your money management and you will get good results. :)
remember all strategy does have a different result is also all depend on trader psychology and trader the ability to absorb knowledge taught
Not all traders have the same way of thinking and not all traders are able to see opportunities like look so certainly the results are different
Money management calculation for this site in this forex trading business. This is a important for us to be able to manage the funds that we use to trade with the good. if we had a capital of $ 100, then we should be able to use the trade 0.01 lot size of forex trading business.
Money management calculation for this forex trading business, on this site very important for us to be able to manage the funds that we use for this is account on this site about for forex trading business.
now a days forex money management is not a big problem for us, if we follow the market trend by we need to read forecast on the daily basis, and we always need to work hard in this market and make your trade open with at least 1000 pips back up in the forex market and we do not need to fear from the forex market.
yes friend,Quote:
Originally Posted by dareking
money management is very important. trader must have to importance it. because most of the traders never calculate it. they think its not a mater. but end of the day it make loss. so calculate equity is very important. and i think trader must calculate there money management well before trading.
actually we can set our size not more than 5 % from our equity they can make good their trading, follow the rules and control the emotion and then they can make good analysis for their trading.