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  1. #1
    Join Date
    Aug 2020
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    157

    Money management is important

    Money Management is one of the focal bit of risk Management. I risk 2% of my capital for each trade. Similarly, the most silly introduction to risk is 4%. It proposes I open most crazy of 2 trades. I figure everyone should keep up their hazard association rules. Without overseeing risk in trading entire arrangement achievement is farfetched. Stop loss is a part of risk management. I am trading with Eurotrader where I study their advanced educational resources to learn more about forex market and trading. They also provides very low spreads and instant trade execution.

  2. #2
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    Dec 2020
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    Asia
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    Quote Originally Posted by Nathan007 View Post
    Money Management is one of the focal bit of risk Management. I risk 2% of my capital for each trade. Similarly, the most silly introduction to risk is 4%. It proposes I open most crazy of 2 trades. I figure everyone should keep up their hazard association rules. Without overseeing risk in trading entire arrangement achievement is farfetched. Stop loss is a part of risk management. I am trading with Eurotrader where I study their advanced educational resources to learn more about forex market and trading. They also provides very low spreads and instant trade execution.
    We must understand that if we are looking to get income from our trades we will need to make use of the Money management skills and become better traders.

  3. #3
    Join Date
    Jun 2020
    Posts
    77
    You just need not to be lazy and opportunities, and money management rules, and when you start trading, and you will understand that it was the right choice, and it will help you.

  4. #4
    Join Date
    Jan 2021
    Posts
    346
    everything related to money can be considered important, because the whole essence of a person's work lies in his profit, therefore, all aspects associated with this cannot be neglected

  5. #5
    Join Date
    Dec 2020
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    Quote Originally Posted by Diedriarekh View Post
    everything related to money can be considered important, because the whole essence of a person's work lies in his profit, therefore, all aspects associated with this cannot be neglected
    We can easily make income from the trading markets if our skills are good and also we are making use of the correct types of trading systems with us.

  6. #6
    Join Date
    Jun 2020
    Posts
    200
    Leverage is very important for retail traders. It increases our buying power. We can trade with inconsequential capital with the help of leverage. The lead is whether you take high leverage by then reducing the hazard % proportionately. In any case, I figure trader should focus on quality trading. Also, for that perceiving and contorted is basic. For my trading I utilize Forex4you broker since I like their useful resources like eBook and video instructional activities. I utilize 1:300 leverage in any case they give from 1:1 upto 1:1000 leverage.

  7. #7
    Join Date
    Nov 2020
    Posts
    34
    The ratio of profit and loss on a transaction must be at least 2: 1. This rule of risk management will allow you to be in profit, even if half or more of your trades are closed with a loss.

  8. #8
    Join Date
    Apr 2020
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    1,365
    It is very important to be able to work properly and manage money. Without this, the results of the work may not really be the most positive.

  9. #9
    Join Date
    Jul 2020
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    734
    It is very important for the trader to be able to manage his funds grammatically. Without this, it is almost impossible to obtain positive results.

  10. #10
    Join Date
    Sep 2014
    Posts
    294
    Quote Originally Posted by dayzzz View Post
    It is very important for the trader to be able to manage his funds grammatically. Without this, it is almost impossible to obtain positive results.
    of course for traders to make that profit, all you have to do is pay attention and learn forex trading properly to make trading better and make big profits when entering a real trading account at FreshForex broker.

  11. #11
    Join Date
    Apr 2020
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    1,365
    The issue of proper management of cash flows is a very important skill for the trader. This is the only possible way to make a profit.

  12. #12
    Join Date
    Dec 2020
    Posts
    28
    It is very important to learn how to manage capital and apply it in practice, therefore, I applied all the theoretical knowledge in this area on the demo account of the Amarkets broker, which, as a result, gave a good effect on a real account.

  13. #13
    Join Date
    Dec 2020
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    Asia
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    Quote Originally Posted by Mauricar View Post
    It is very important to learn how to manage capital and apply it in practice, therefore, I applied all the theoretical knowledge in this area on the demo account of the Amarkets broker, which, as a result, gave a good effect on a real account.
    We will need to learn how to manage the Trading capital as this will become more important for us and we will need to save our trading account funds also.

  14. #14
    Join Date
    Jan 2021
    Posts
    346
    you always need to control your expenses, especially in forex, because you can merge too quickly on transactions and be left without a deposit

  15. #15
    Join Date
    Dec 2020
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    Asia
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    Quote Originally Posted by Diedriarekh View Post
    you always need to control your expenses, especially in forex, because you can merge too quickly on transactions and be left without a deposit
    It becomes important for the Forex traders to understand and use the Money management skills in a way that will give them a balanced income from the Forex markets.

  16. #16
    Join Date
    Jul 2020
    Posts
    734
    It is very important for the trader to be able to correctly distribute his money. This is a really crucial aspect for success.

  17. #17
    Join Date
    Apr 2016
    Posts
    601
    Money management provides you with a 360-degree view of your financial picture while applying key financial disciplines to help you overcome the obstacles to wealth. So you should definately use money management tool while trading in forex market.

  18. #18
    Join Date
    Sep 2018
    Posts
    580
    Receiving a tradable bonus from Freshforex, I keep trading with careful attention to money management so that our capital remains safe.

  19. #19
    Join Date
    Dec 2020
    Location
    Asia
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    1,136
    Quote Originally Posted by cyrus View Post
    Receiving a tradable bonus from Freshforex, I keep trading with careful attention to money management so that our capital remains safe.
    I would like to say that the Bonus is not of any use and we need to learn doing our trades with the own funds so that we can get the profits.

  20. #20
    Join Date
    May 2020
    Posts
    1,473
    The ability to properly manage funds is an extremely important aspect for achieving success. As for me, this is the only way a trader can achieve a positive work result.

  21. #21
    Join Date
    Dec 2020
    Location
    Asia
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    Quote Originally Posted by malopis View Post
    The ability to properly manage funds is an extremely important aspect for achieving success. As for me, this is the only way a trader can achieve a positive work result.
    We will need to learn our trading in a way that is easy for us to do and also earn the profits from doing our trades. This also means we need to manage our trades and improve with time.

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