Some Money Management and Trading Tips from my experience.

[dwik]

I think it is good money management, we combine bagaimanana profit we derive a risk that we receive.
we should develop a trading plan before entering the market .

[wending]

I am very gald to enjoy your trading experience there,which I think we can benefit so much.I find you just suggest us make trade with target there,why should the traders set stop loss when thet trade in forex?I think stop loss is a very important rule for traders to follow there.

[CHRYSS]

that's right, money management is very important to be a good trader.. but unfortunately no one explain me more detail how to manage our money as well, in the some site just explain it like as theoritical learning

[plankton]

that can be repeated over and over again. Unlike swing traders who make one or two pedning positions,in contrast with the frequent daily treder open position let alone use a strategy scpling.,very risky like scalping and not boring like swing trading.

[muhammadatif]

your post is very good and according to me your five trading points are capital of any new trader because these are the necessary points to start new trade.

[goldenmember]

While doing trading Always follow these 5 point to be a profitable trader

1) Never change number of lots your trading for a particular month,use a fixed lot size for each trade,it will help you take same decision for each trade and easier money management.

2) Always count the pips first you have made,money will be banked automatically.

3)Manage your funds in a best you can,consider every trade as a risk.

4)Always keep a target for you trades, remember we cant catch every move of market but idea is to make consistent profit so don't expect huge profits in short period of time.

5)Always try to jump in market when a trend is going to start,never jump in running trend.

I don't agree with number 1) you should always compound from your trades. That way you get the best winning combination and get to increase within the month rapidly. There is no point in waiting until the end of the month. Otherwise I like your points. I think that the attitude of taking consistent profit is very important.

[kalponick]

Just follow the daily candle and the H4 candle.. and you will be profitable in most of the time.. no matter what strategy you are using to trade with, just follow those two candles with your same strategy and see the difference.. It will be really easy and helpful for the newcomers..

[emir]

One of the best money management methods used by many professional forex traders is to always risk a fixed percentage of your equity (usually 2- 3%) per position. By using this method a trader gradually increases the size of his trades while he is winning and decreases the size of his trades when he is losing

[biyen]

Forex money management is all about taking calculated risks at the right time and defending what you have - volatility is your enemy. Most traders can spot trade direction but fail to stay with trades simply because they can't get their money management right.

[mohamed2020]

This is good tips for money management. if anyone maintains this 5 tips he must gainer. i think 5 number tips is very impotent like than other. so we must obey this tips for better feedback.