What is the function of Money Management in Forex?

[siomay]

Yes, of course, in good management and good observation in our experience will be a good trader, the process to become an expert trader is long and winding. You need to experience the initial jump in forex trading. After mastering the theory of forex trading, then you can try a demo account rather than step by step on real acc. and Money management is very important in business. If we tend to not regulate, we tend to face disasters. we tend to have to account for installed assets, liquid assets, liabilities, etc. we can borrow cash equivalent to our installed assets. Then we have a running capital so we can take every opportunity offered at a certain time. I hope if we tend to consider these aspects, we will not suffer mental stress.

[mejem]

The direction of money is the dominant greatness in Forex, with money management you can head homogeneous returns but if we do not settle a lot of money with small capital and do not choose a volatile direction of money than if any trading is against us, we do not consolidate broad assignments or booming from our city so we always need to be guided by consideration. and money management is really an important factor in trading. someone must be careful about this factor because without having a bonus one cannot trade so if you don't care, you will lose all your money and will wait for the next month to get the bonus so care must be taken about the money factor while trading .

[benazier]

Maybe you are right, but I think the money directives are a group of trades that the faculty tells you how you use your money in the setting up of any office, and that also tells you how much danger you can cause with any dedication of status. so it's a good and powerful process for each trader who can really attract close trade attention. and Too simple to be able to answer the account management functions and Account Managers can help you protect your account to avoid foreign exchange market risk while also helping you avoid large losses by managing your account we can get the maximum profit and the lowest possible loss

[sinjo abe]

I think money management is very important when trading forex. Without it, you cannot manage your account properly, so you can get a lot but also you can lose a lot. You must learn how to manage your account balance to succeed in forex trading. and by using good money management. You can manage your finances. and you can adjust. how much risk you will accept each time you trade. so you trade in very safe conditions. ]

[Deepthinker]

money management is to invest in such a way that even if the market moves to worst position that's posible u dont loose your account and end up with nothing. they say only to invest 5-10% of your trading capital for a particular trade. before doing that u should calculate the range of the market within which the currency of your choice fluctuates. then u should assess and see the no of lots u can open according to your trading capital so that even if the market moves to the lowest point your account dosent close automatically. this is what i understand as money management.

[the kok]

I think this is the soul of trading because without money, you will never take part in trading but the real meaning of money management is completing trades so that your real amount can be safe and you should take part in trading taking into account the amount. and money management is the main fact in Forex ... we must set the maximum risk rules taken per trade and make a decision when to trade or not and yes we need to maintain our capital in the right way like the first 50% step and there is a reserve. ... if we are in money management then our trade will be more disciplined

[tarzhu]

This is related to the calculation of affordable losses. Which then becomes the basis for confirming lot size and number of trades. This is a substantive entity in Forex trading and is required in decay. and It is very difficult to explain it briefly. Money management is a system. This ensures your income is stable. If the direction of your money is bad, you can transform it more loosely. So you have to be moral with money management.

[sinjo abe]

Financial management is very important so that there is risk management that can be carried out safely and also to control each transaction to pay more attention to the risks to be received, not only to think about profit and capital management in the foreign exchange market is everything and the most important thing in this market and must be obeyed because do not comply with it regardless of the profits achieved in the end, because the meaning of non-compliance with capital management enters into the transaction, the risk is very high and we do not always win, but face it and thus make a deal that comes loss someone will lose most of the account or lose the entire account

[aagus]

yes I enjoy trading forex because this tool is used to make money. this is a more profitable job. when we work on this forum, we stay in touch with the ups and downs of the market and according to the situation we manage our account and trade. so this is a very wide and pleasant business. and A money management plan is the only thing that makes a successful trader different from an unsuccessful trader. Money management is very good in the forex market because it makes traders cautious in the forex market trading business

[sangar]

Money management is a key factor in the forex market and proper money management ensures the success of forex. Money management means where to invest, how to invest, how much to invest, when to invest and when to sell the currency purchased. and The task of money direction is very Copernicus here, especially so that we stop the MC which is calculated from the initial character used for you to enter into Forex, then modify the intensity of the transaction in trading your top, the prisoner you get also wins the points you hold at least inbred You staleness make love at 1000 prisoner points to use a 1% deposit from the existing chapter.