What is the function of Money Management in Forex?

[younesjoe]

What is the function of Money Management in Forex?
who can explain to me please!
Thank you so much

for me foorex management it's if you analys a chart and chose you position , in this position you add a stop loss , if we have a 40 pip in stop loss , and if you loss in this position you can not exceed a 2% OR 5% in your capitale this is a risk management , every position in stop loss can not exeed a 5% of your capital

[sohelforex]

Money management is a process that maximizes your profit and minimizes your loss with the total amount of revenue you have before forex trading. For secure trading in forex money management is the must for all traders. Otherwise market will engulf all the invested amount soon without fair money management system.

[kaji]

What is the function of Money Management in Forex?
who can explain to me please!
Thank you so much

money management in forex trading serves to manage our trade so we do not over trading which exceeds the capabilities of our capital. so we will not experience the painful loss when we are wrong in prediction or analysis.

[ayusri]

course in general money management to avoid bankruptcy due to us from tersered by the current market as opposed to our trading positions in money management is also set on the lot and the leverage and the amount of trading that we do and how and at what los stop take profit, without it we do all the difficult trading regardless of the amount of capital we invested in this forex, money management is also part of the trading system should not be separated there will be no trading forex without money management.

[ishvara]

Money management helps in protecting a forex traders account in their forex trading. It allows a trader to risk only a given amount of money in each trade they open. For instance it can help us to risk just 3 dollars if we have a capital of 100 dollars.

[kapil_chemical_07]

It is very tough to explain it in brief.Money management is a system.It ensures your profit stable.If your money management is bad,you may become looser.So, you should be good with money management.

[forexgain]

the core concept of the consistent performance and the long life in the forex is that we make good money management and have the firm control on the money management that we have made of ourselves

[redlion]

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.

[takeprofit]

of course to keep a more consistent trader in the trading, avoid greed in order to maximize profit there. I use a money management with daily profit targert 10 Pip.

[Nabi Ahmed Gill]

What is the function of Money Management in Forex?
who can explain to me please!
Thank you so much

forex trading forum main jis na money managent ko control kar laya wo trading man kamyab ho ga or us na boht sara profit earned kar laya es laya man kahta hoon apna account ka balance batcah kar rhahoo us ka bad ap trading akro