What is the function of Money Management in Forex?

[andy007]

I believe that the money management is the most important thing that will save your account , when you trade with applying the money management rules and you make losses , then the losses will be little , but if you do not apply the money management rules then the losses will be great .

[apologyx48]

Well, the function of money management is very important in forex business. The main function of money management is to save the account of the users. Saving the account is a strategy to become successful. To gain in forex at first traders should save the account and to save account money management plays an important role.

[6566]

Dear sir i am also new in trading market and i have also this question on my mind i appriciate your question, avoid greed in order to maximize profit there. I use a money management with daily profit targert 10 Pip.

[FX-]

My view, If dealing is using control, a excellent technique and a excellent attitude. If all we have then hopefully our outcome would be the highest possible. regardless of whether we are intelligent or not those techniques we have to have before you start the globe trading

[bilapbiswas]

i consider money management is the requirement for the better trading in the Forex.Until we get our money direction skills and consistently pertain them on every uninominal tack we proceedings, we faculty never be a consistently useful dealer.

[averasen]

Money management have very important role in the forex market if we succeed our money well we never suffer loss in the forex market so keep eyes on money management .

[RMCF�]

of course to keep a more consistent trader in the trading, avoid greed in order to maximize profit there.money management is also part of the trading system should not be separated there will be no trading forex without money management.

[rabrik]

In my opinion, Money Management it is obviously very important, because we realize it is difficult to cope with big risks that exist in the forex business and that good money management is the best way for us to overcome and minimize the risk of loss. so we will not experience excessive losses.

[maintain]

Money management is very much essential in forex to sustain and keep continue your journey in forex world. i think it should better only take 2% risk per executed trade. one should remember that forex is not the business for single day and also remember trade with tension free.

[ak1]

money management is very important in the forex because if we do not manage our money and the trades and the risk the amount of lots that we use will aswell be able to acclimatize to the animation of our margin