What is the function of Money Management in Forex?

[rmizanur]

Basically the best money management methods used by many professional forex traders is to always risk a fixed percentage of your equity per position. By using this method a trader ****ually increases the size of his trades while he is winning and decreases the size of his trades when he is losing.So, As long as the trader is confident about his trading system he can risk small percentage for success.

[abiealmayfie]

cash management has big importance not even within the forex market other then in any business plus within the real life... well managed traders are typically thought-about to become the best traders in any market as to the world... thus manage your cash whereas trading and you will certainly be successful...

[exness222]

So that even if the market moves to the lowest point your account dosent close automatically. This is what i understan as moeny management. Avoid greed in order to maximize profit there. I use a money management with daily profit targert 15pic.

[punam0345]

As we know that Forex trading is the good earning source and it is the biggest business in this world. So in this big business we need to manage many things in order to get good profit. So that's why we have to manage our money with respect to tradings. If we do not manage our money in this business then we may not trade in wide area and we may not able to trade in different and big lot size. So that's why it is very much important in this business that we manage our money with our tradings.

[fxsuzon23]

i think forex is a good job. 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 target 10 Pip.what do you mind.............................................. ...........

[awell436]

Monay management trading main bohat hi zaruri hai . is main jo trader apni money ko manage nai ker skta wo trading main kaamyab nahi ho skta hai money management say hi aap apnay loss ko minimize kertay hain or profit ko maximize kertay hain.

[rohomot]

It is very difficult to explain it briefly and fund management system. provides a stable profit. mismanagement of money has become more flexible. So you have to be OK with money management.

[Kiki]

forex is a great way of understanding trading in these market always be there for a good corse and always understand where and where is all these and being and very understandable.

[thiendia]

transaction command to spell your money and your gift is produced ... ship management trader traders often considered important in any industry of human ... money towards major standing unstable in the Forex supermarket, but in any make and also true life

[altafa50]

Money management has a very factor in Forex managing. If a trader comply with cost-effective management, then he will neither acquire too much income nor too much problems. And if he doesn't comply with cost-effective management, then he will acquire either huge income or huge problems which may cause his balance nil. So I suggest to all new traders to sustain a awesome and restricted management to properly secured the balance from huge problems.