What is the function of Money Management in Forex?

[rupok12]

For me, only money management that will save me in any situation. Each trade is requiring money management and trade to satisfy their desire.

[hpanoo]

having good money management skills is necessary in forex. we should have idea on which proportion we should use daily for trading. i trade with about 30% from my capital each time. and withdraw the profit before opening a new position. and have a daily target of 20% from the capital.

[incomplete]

i am new in forex of trading market and i have also the question on my mind i appriciate your question, i also request any experienced trader who know about function of money management.

[Discordance]

I think miney management is more important than tradng itself, because without sound money management betting we will random mess, therefore learn sound money management and encouraging, not greed as dangerous

[adel asran]

The capital management is a good thing too, one of the fundamentals of capital management as you can determine the amount of the deal and what is your goal and what is to stop your loss and thus avoid any loss of your finances.

[sarwina90]

function of the actual money management is to calculate and control the money that we will use when trading. We should be able to regulate the amount of our capital, we get a loss, and the benefits we want. money management is one of the things that must be learned for traders.

[morshed98]

In forex you should have profound knowledge of money management . You have to save your money from trades storm, any time you may fall a great risk . You can loss everything what you have earned . But skilled money management save you from any kinds of problem.

[M0uH]

Money management is a a set of rules that a trader makes it for him self to prevent him from over trading & greed. so everyone has it's own money management system.

For me, i only trade once per 2 or three days or so with high leverage and small lot size

[mmm2013]

I think that capital management are what make us we can do to preserve the capital and profits that we achieve and of the most important things in trading

[rudolf]

the function of money management is not huge but has a great influence in the market. money management is the key of success. to do this one should trade in minimal leverage so that he can have a huge pips support. money management helps to prevent margin call and lessen the rate of loss trade though it also lessen profit too.