Money Management your winning weapon

[rizal83]

if we want to make money management as a winning weapon, then we should have a very good calculation in the money management, because without a good calculation then we will not be able to produce a good money management, and we also have to learn how to using the lot size in accordance with the capital we have and how to be able to limit the losses that will occur in the trade and also make a profit target that we want to get out of each trade that we do so that money management we have created can be useful to both

[taharoyal52]

yes, i am proud to say that money management is my key weapon and moreover, i am also good in economics so fundamental trading is also my winning weapon. i just have to be good in technical trading but technical trading is very wide so i have to go step by step.

[letsfx]

No matter how great a strategy that we used, but if it is not supported by a good money management would be futile. Sometimes even by just relying on a good money management and careful planning can still help a trader from unwanted losses, because the safely of our funds being the most important factor in any kind of investment. Therefore money management can be regarded as one of the keys to success in forex trading, and a good trader should not ignore this.

[rajahentai]

yes, you can say that your analysis is the weapons you're using for the war. and money management as your armor. no matter how advanced your weapons is, you cannot avoid of being hit by 1 or 2 stray bullets. if you're going into the war wearing no protections then its only a matter of time until you become a dead body in the sack. however i think that a maximum of 20% loss is still tolerable in forex trading.

[seahawks90]

Money management and risk management both are important in this field of forex trading because if you don't manage your money you can't go far in this field because after getting some losses in this field you always have to stop trading if you haven't done any backup plans, and risk management always make you able to take high risk and make out some good profit from forex trading which is not easy without some good knowledge of forex trading.

[chintu]

As we all know forex is nothing but trading the currencies and we call them as money because all the time to start and end a trade by making orders . So a trader should take many precautions to invest and make that money safe with forex so for that we surely need to have the money management skills . I am sure that many of the traders are not good at money management skills and that make them surely success in forex .

A trader should know how much to invest and how much money to save as a backup if there got any loss and how to make use of the profits like this many things should be taken into consideration to earn with forex . So fir all this a single solution will be money management skills .

[tindi]

well, i think i would like to tell you an example of it, suppose you have placed a buy order and it goes against to you so at that time you used averaging strategy and keep placing another orders continuously up to 5 at that time you have to wait till your order come in to profit or B.E. and suppose keep going against to you then it would be better if you close some trade and wait till B.E.

[sekiryutei]

Yeah, money management is an important factor that we need to watchout in trading forex. because if we didn't make good enough money management then we will only burn our account faster then some people won't do this until they have learned many things about the forex market from their past losses.

[chintu]

In forex we always deal with risk and money so when we want to make use of money in a systematic manner then we need to be good in money management skills . I observed that most of the traders are not at all good in managing there money and capitals and they are not making use of there profits in a proper way so that may make them loss . It is a good practice to have a good money management skills so that we can trade in a systematic manner that can give us profits .

[tindi]

Yeah money management is the main thing needed in forex trading without money management you cannot able to trade safely in forex market i realize that in forex trading money management and risk management both are necessary in order to make a regular profit from the market without it we cannot able to understand the market condition and many of trader suffer a loss just because of it .

[tray]

Yeah money management is the main thing needed in forex trading without money management you cannot able to trade safely in forex market i realize that in forex trading money management and risk management both are necessary in order to make a regular profit from the market without it we cannot able to understand the market condition and many of trader suffer a loss just because of it .

you are absolutely right here in this business I think that any trader who really apply a good money management here is doing very fine with his trade and through this factor that the trader can get more profit as well and derive the best from the forex market. If proper money management is not in place I think that is just the beginning of failure

- - - Добавлено - - -

Yeah money management is the main thing needed in forex trading without money management you cannot able to trade safely in forex market i realize that in forex trading money management and risk management both are necessary in order to make a regular profit from the market without it we cannot able to understand the market condition and many of trader suffer a loss just because of it .

you are absolutely right here in this business I think that any trader who really apply a good money management here is doing very fine with his trade and through this factor that the trader can get more profit as well and derive the best from the forex market. If proper money management is not in place I think that is just the beginning of failure

- - - Добавлено - - -

Yeah money management is the main thing needed in forex trading without money management you cannot able to trade safely in forex market i realize that in forex trading money management and risk management both are necessary in order to make a regular profit from the market without it we cannot able to understand the market condition and many of trader suffer a loss just because of it .

you are absolutely right here in this business I think that any trader who really apply a good money management here is doing very fine with his trade and through this factor that the trader can get more profit as well and derive the best from the forex market. If proper money management is not in place I think that is just the beginning of failure

[miyu]

yes i agree that money management is a winning weapon for every forex trader as well as it is very important in this forex trading business and other businesses also because it is the base of any business until we do the money management , how will we can handle our business? so that is why first we have to learn about money management.

[miyu]

Yeah man if you know that in forex trading there are risk in each moment so we should have to keep in mind that money management is the main thing in forex trading because sometime our trades take a big movement only a good money management can help us to get out of the bad situation.

[Smith89]

Obviously Money management is the biggest weapon one can have, with proper money management one can easily earn what they want to and can risk a small amount without loosing their whole balance.. the main thing is to trade with proper idea and that will give a good chance of profit together..

[klose99]

if we want to make money management as a winning weapon, then we should have a very good calculation in the money management, because without a good calculation then we will not be able to produce a good money management, and we also have to learn how to using the lot size in accordance with the capital we have and how to be able to limit the losses that will occur in the trade and also make a profit target that we want to get out of each trade that we do so that money management we have created can be useful to both

Every traders have to manage their money well and also be able to understand how to trade properly here in the trade market and unless that done the traders are sure to be facing high losses in their trades.Therefore for all the traders it is always important to plan before trying anything out.For all the traders it is always really important to know the market and trades well and then only get in to the trade market.