Money Management for New Traders.

[fxearner]

hanji money management ess business me start se he karna bahut he jaroori hai,yahan par achhe se apne account me esko follow karte hai to usake baad he yahan par trader fir achhe se apne account me apna risk ko samajh paata hai..

[nur5564]

dear atrder the mponey manmagment is one of the best tool in order to be coma good tarder you ahev to sel the money and some time to buy you have to mange the money according tour need so be agood tarde r

[naziakhan]

trader new hay ja expert money management ki importance ko us ko samjh laina cahiyay k ya buhat hi zaid zaruri cheez hay , es k begair es business ma guzara nh hay , hamay es ko achi tarha seekh laina cahiyay bhaiya g .

[Fxwin]

Mone management sirf new traders ke liye hi nahi balki sabhi forex traders ke liye hi most important hai, humare paas chahe kitani bhi achchi strategy ku na ho agar hum good money management ke sath trading nahi karte hai to phir consistency ke sath profit earn nahi kar payenge.

[Forex123]

Money management and risk management are both quite compulsory in forex exchange trading business for the new traders. This is a nice and simple way of talking about money management. However I would say that you also need a good strategy.

[dareking]

Bhai yaha is field mein bahut hi jaruri hota hai, ki hum ache money management ka istemaal karte huye trading kare, jisne bhi money mangement istemaal kiya hai wo yaha par jarur safal trader raha hai bhai.

[Rehman12]

Just 4 things:

1. Maintain a fixed percentage of Account Balance for Calculating your lot size. More easier you can open any size of orders if you have for example 1000 pip backup, just like 10 cent per pip for 100$ balance and it is widely used.

2. Risk a fixed percentage of your total balance on each trade. Mostly used is 3%, like 3$ for 100$ account balance. So if you want to setup your trade now for 100$ account balance use 30 pip Stop Loss or Tolerate 30 pip loss per trade.

3. Third is how many Consecutive loss trade you might tolerate on a single trading day. Mostly used 2. It means if you loss 2 consecutive trade just stop your trading for that day.

4. Don�t change your money management system after one or two day of suffering loss.Blindly follow a fixed money management rule for your everyday trading. It will ensure your fund safety and getting consistent profit

Revision: For every 100$ account balance open 0.01 Lot(micro lot), use 30 pip stop loss or close your trade in 30 pip loss and if you loss 2 trade consecutively then don�t open any new trade on that day to recover your 60 pip. Most importantly don�t change your money management rule for that 6$ loss.

�If you use proper Money Management then any Basic, Simple or Advanced strategy will make money��

Thank you.

money management is very important and specially for the newbies because they can not stay in the forex market if they have no proper planing for this so four rules that you describe in your thread are very helping for such traders

[forexlive]

bai saab ji bikul app forex mai achi trding tabi kar sakte hai jab app es kam mai acha money mangement forula bana te hai fer app es kam mai achi trde kar sakte hai bai saab ji forex ek best bussiness hai hum es kam mai acha paisa kama sakte hai bai saab ji forex mai hum apne sabi dreams ko compete kar sakte hai bai saab ji forex mai hum sab kuch hasal karke apne sabi dreams ko compete kar sakte hai bai saab ji

[harp82]

Money management is very important concept for trading. If you have the money you can win but if you loss your money in one or two trades you can not win. So I think we should use only 2% of our money in starting.

[naveed_ahmad6864]

forex mn earning ke liye capital orr risk ko manage krna utna hee zuroori hai jitna ke trading ko seekhna orr ismn apko apna lot size level itna rkhna hota hai ke market ke instant moves ko bear krr ske ye na ho ke koi heavy impact ki news aai or apka poora account apki apni greed ki wajaa se loss mn chla gya