My friend I am trying to develop a cool money management rules for me and I have to choose 1:2 or 1:3 according to the market situation, I think with a good money management rule we can trade and make good profit.
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My friend I am trying to develop a cool money management rules for me and I have to choose 1:2 or 1:3 according to the market situation, I think with a good money management rule we can trade and make good profit.
money management in Forex trading is one of the most important problems of couse and of new and even advanced forex traders. Almost everybody can find a good trading system that can be profitableyes!! but!!! but something that causes traders to lose and be negative at the end of the month, is lack of a proper money management strategy and discipline. very sure!!!Although money management is so important and critical, it is still very easy to follow.
actually 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 and therefore i also not know about the money management calculation process, share it with us also if you have knowledge about it.
i am very sorry for that becauyse i do not know about the money management of this business i think that we must have the knowledge first seekhna bohat zarori hai kion ke jab tak app forex trading ko seekhte nahi aur learn nahi karte app kuch earn nahi kar sakte kion ke ye aik online bussiness hai money management is very good for us
Very important for us to be able to manage the funds that we use to trade with the good if we had a capital of 200$ then we should be able to use the trade 0.01 lot size. Then you watch the average daily pips that the pair moves. Then you invest with expecting the half the pips of its daily variation....
hanji trader ko ye dekhna hoga ki wo apni tarde me ketna pips ka risk le sakta hai aur ussi se wo sahi risk management kar sakenga,trader ko yahan aisa he karna hoga tabhi wo ess business me achhe se kaam kar sakenga..Quote:
Originally Posted by ishvara
Learn to manage risk and enter trade and you need proper education and some practical experience so that you can develop our skills.
Using several money management models you can calculate optimal position sizes for each position.
bilkul sahe kaha hai ap nay agar hum moneymanagement ko follow kary tou humy kabhi loss na ho masla yahe hai k ik trader is cheeze ko leave kar daita hai aur us ko is mai problem ka samna karna parta hai agar hum steps ko samjh kar chaly tou kabhi loss bhi na ho..
this is very simple that if you ahve invested 100$ for the trading then the best lot size for you .05 and use a stop loss also and always determine before start any trade that how much risk you want to take on this trade. and set your stop loss according to this. this is the money management.
MM is something that every Forex trader needs to apply per single trade that they open in Forex trading. This is good because Forex is a business that is very volatile and risky.