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true boss, money management is very important in forex business. we can minimize our losses with practice money management. money management is concerned with the use when we have a lot of capital. we must be good to use our lotQuote:
Originally Posted by sinaga
Ii think money management is not simple in this market we need to work hard on this market if we really want to win money in this market, we always need to calculate our money and volume of our trade, before open any deal we need to set at least 1000 pips back up if we want to survive in this market.. :)
Do we dare to risk capital that we have only to make a profit is not worth the loss we are likely to receive. I think the answer is definitely no. because after all we should use margin in accordance with the capital we have and in a safe position.
I think that's a very detrimental. what if it's loss that we get hit a few times and profit that we get just a little bit. what will we do, we will certainly a great loss
My advice, money management is the key to addressing the margin call and without money management trading like a trader would lose direction or do not have a clear goal in trading, and it would be easy to get a great loss
for a small portion of people who are not too strict on regulations requiring forex arrived in. high discipline must consider discipline expensive gan so it took its name for the process of learning discipline in trading as well, so if you do not already included discipline considers the discipline was too trivial sometimes in some circumstances we might as well forget the discipline we
money management is verry important for everyone , without a good management even if you have 1000$ you'll lose it in one day , i prefer to trade with 0.5% of my money
money management is also one of the important part of the trading in forex, because everyone wants to know about it,as i am the newbie
for me , i usually take my orders with a risk of 1/1000 from my balance to avoid any huge loss which may damage my account . i think that this amount is very suitable for all traders .
money administration is aswell one of the important allotment of the trading in forex, because anybody wants to apperceive about it,as i am the newbie and accordingly i aswell not apperceive about the money administration adding process, allotment it with us aswell if you accept ability about it.thanks..................