What is the function of Money Management in Forex?

[galesong]

well to me i personally think money management very important role for the health of your account. the point is how you can maximize the profit you earn and minimize the losses that you may be experiencing. so, our goal in forex trading is how we can survive and can generate profits consistently.

of course, that money management is very important, because this is a very risky business, we should be able to cope with all the risks, and the management of money, we could do a better trade, of course, with the use of appropriate strategies.

[mukas]

well to me i personally think money management very important role for the health of your account. the point is how you can maximize the profit you earn and minimize the losses that you may be experiencing. so, our goal in forex trading is how we can survive and can generate profits consistently.

[pentkor]

with good capital management will certainly allow us to survive in this forex business and then can move to the next level which is to become a successful trader

it is true, that good money management is the best way to survive and succeed in the forex business. detailed function of good money management, helps us to always be right in using the lot when trading, so it will avoid too large losses in every trade that we do.

[mix]

Yes dear I actually think that money management is more important for Forex because you have to sustain your account through good money management. Here, you should take low risk. So good money management can give you a good result.

[DabangStyle]

Money management ka yeh function hota hai key ap ko already sub pehley sey he pata hota hai key ap ney kitna lot size per trading position open karni hai ap ka margin kitna lagega ap key pas baqi kitna bachega yeh wo sub kuch.

[surep]

forex trading is not easy business. forex trading is too hard and very risky. you can lose much money quickly in forex. don't take high risk to make much money quickly in forex. you should apply good money management to limit your risk, forex can sucking all your money quickly

[Tselim]

When we talk about Money Management System, it should includes the following main issues :

1- The maximum amount we are willing to risk on any one trade.

2- A stop level to ensure we never lose more than our maximum risk level on a trade.

3- A trailing stops or take profits that defines when and how we will exit a profitable trade.

4- Trade Size to define how much we will trade when we enter any given trade.

[Omda Trader]

i think money managment systhem is the subsystem of forex trading business plan to control how much your risk because forex is very risky business and without the money managment you do loss all your money in this market, when you get an entry signal from your trade.

[vite]

yes, of course I think its true that money management is very important in Forex in order to keep your money from any risk in the forex market and therefore must manage your good management , I never take risk more than 5% in my every trade and most of the cases I take risk only 3% of my total capital, for take fropit I just take 25 pips only.

[a_for_apple]

function of money management is to help us manage the expenditure and revenue that we generate from forex trading
money management is normally used to set the reward so that we avoid the risk of large losses in every trade we do