What is the function of Money Management in Forex?

[mohsinzafar3]

In the business of trading,money management is to invest in that 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.Thats the formula of money management.

[makrazeeb]

Dear, money management is very important in Forex. Without knowing about this well anybody should not trade in Forex. Forex is the most risky business for unskilled traders. So to reduce its risk level money management plays so important role. According to proper money management we should not take risk more than 2%. That means if you have 100$ capital then you will can not open trade volumes more than .20 cent. I also follow this rules, so I am so remain so tension free while trading. Because according to this rule I get 500 pips as backup.

[joy41]

What is the function of Money Management in Forex?
who can explain to me please!
Thank you so much good like forex forum thanks

[ishvara]

The major function of the application of the money management in our trading is actually is for the protection of our trading accounts. Our trading accounts if well protected means that we would continue to profit from forex steadily while we minimize our losses in it.

[manav14386]

agar hum sahi money managment nahi follow karenge tou hume pata hei nahi hoga hume stop loss kaise use karne hai aur kuan se profit point par stick rehna hai..money managemnt ki bahut achhi knwledge hona bahut jaroori hai..

[dareking]

forex trading me money management bohat hi zrori hoti hai is ke bagair hamen trading me bohat sari problems aa jati hain is agar trading money management ke sath work kia jaye to loss kam ho ga

bhai ye baat hai, money management agar follow nahi karte hai, to hume bahut jayda problem face karna padta hai, aur sabse jayda problem ye face karna pad jata hai, ki wo high lot use karke apna capital loss kar deta hai.

[rasheed85]

as good we are in money management as good money we can make here in the forex market we always need to stay in touch with forex market to win here great money we always need to stay in the forex market to win here great money, and money management mean profit.

[farooq]

forex trading me money management bohat hi zrori hoti hai is ke bagair hamen trading me bohat sari problems aa jati hain is agar trading money management ke sath work kia jaye to loss kam ho ga

[alfi]

the basic function of money management is that we control our money or invest our money in this way we can trade for a long time either we face losses but we are able to trade again and again.

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

[25+]

What is the function of Money Management in Forex?
who can explain to me please!
Thank you so much

functions of Money Management in Forex is as we measure in doing so we will be trading in the open position limits and restrictions in other actions that could be bad for us, and we will also account