What is the function of Money Management in Forex?

[jahangir2812]

I saw too many of us approximately me lose an excessive amount of cash on the Forex then it's doable to form lots terribly merely if we have a tendency to perceive the key of Forex it's annoyed me to the present website particularly in these times of calamity and idleness includes a ton of individuals are searching for a supply of profits.

[raka999]

of course, is to complement and guide in forex trading, money in any business manegement very important role. because it will determine how much that would result in the can. if you want to succeed in forex trading, the trading plan is needed.

yes, 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.

[jab we met]

thank you for post actually we manage our capital before open any trade to decrease risk of loss in the forex market because if our money management and forex strategy is good then you can earn big money from the forex business

[jab we met]

money management has very vital role in the forex market because if you manage your money very well then you may never suffer loss in this type of business if you can not manage your money then their is big chance to loss of money even you have good strategy

[Forex]

of course, is to complement and guide in forex trading, money in any business manegement very important role. because it will determine how much that would result in the can. if you want to succeed in forex trading, the trading plan is needed.

[faisal89]

It is really strong to explain it in synopsis.Money management is a method.It ensures your profit stalls.If your money direction is bad,you may become looser.So, you should be sound with money management.

[mukta]

Money management is very very important in forex.If you use trade with proper money management than you never loos any trade.If your capital is 100$ your lot size must be 0.1-0.3 it is fixed.

[macblanc474]

Proper money administration is important in your account. You wish your trading annual to endure and survives the chancy attributes of this market? If yes again you accept to accept that the alone way to do that is administer acceptable management.

[Rizwan]

Dear sir i am also new in trading market and i have also this question on my mind i appriciate your question,
i also request any experienced trader who know about function of money management in forex please explain our this question?

we can't take forex trading as an easy way to earn. It can be taken as the way to make more money. But making money is hard job to do here. We can see that loss percentage is higher than that of win percentage. If earning in forex has been so easy, the fact should be opposite. One will use good knowledge, strategies, market trends analysis he\she will win more profits and one failing to do that will always lose money.

[fantastic]

money management is very important and we need to pay attention about it with good
about set the leverage, lots size, set the TP and SL , all is about money management, and if they can manage them with good then they will know the risk and reward for their trading

of course trading without a strict money management plan is a fatal mistake , I think all successful and professional traders have their own plan and without this plan failure will occur sooner or later