What is the function of Money Management in Forex?

[MeherBilal]

Money management is like the �elephant in the room� that most traders don't want to talk about. It can be boring, embarrassing, Money management is a critical component to successful forex trading that many traders either ignore or are simply not fully aware of.

[TheFxTrader]

Money management make you able to control your capital and be able to maage your account so you can have some deals that will not make you lost a lot of your capital but at the same time you will not make a lot of money.

[The_Kuzaki]

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.

[nouriisets4]

Money management is the blood of Forex trading . Without money management any trade nobody can not get profit . If anybody get profit too but it only depend on his luck . Do not forget that luck can not be with yours any times .

[amjed123]

money management function bohat useful and helpful ha capital ko protect kernay kay liya es say ap big lot size main trade naheen kero ga or over trading bhee naheen to yeh best way ha margin call say mahfooz rehanay kay liay.

[mkhaliljamilfx]

FFunction of the money management.
Select the lot size
Open the order
Time period
Select the chart
Target profit.

[Mahm]

brother every strategy have its own importance we can not deny any of them that it would works good or not so i think that function of money management played a very important role in Forex trading if we follow it carefully we can control our loss ratio

[neil92]

Bhai ji money management se aap ye decide karte hai ke aap ko kitna money invest karna hai aur kis pair mein kitna invest karna chahiye agar aap achch money management jaante hai toh apna capital safe rakh sakte hai bhai.

[sunny saroar]

Money management is very much important. Forex is an international trading business which is directly connected with world economy. For a little movement of world economy, this market moves so fast. that is why this market is so much risky and facing loss is a common thing. If a trader want to avoid loss and make profit, then he must has to do proper money management. Because it helps the trader to make his capital secure from big loss.

[akash raja]

Cash management is to put money into the sort of manner that although the marketplace movements to worst function that's possible u don't loose your account and end up with not anything. They say best to make investments 5-10% of your trading capital for a particular change. Earlier than doing that u need to calculate the variety of the market inside which the forex of your preference fluctuates. Then u need to assess and spot the no of lots u can open consistent with your buying and selling capital in order that although the marketplace movements to the bottom point your account doesn't near routinely. This is what I apprehend as cash management.