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Thread: money management

  1. #1
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    money management

    brought the total of $ 100, managed to earn another 100, you already have 200. You fame and praise! Remove immediately starting $ 100, they are your blood, then continue your game seems to have benefit from hundreds again.
    So your ruin mentally go to zero ...
    Good luck!

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  2. #21
    Trader debian's Avatar
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    Quote Originally Posted by wanahito View Post
    I think so. Money management is important as we have had a good trading strategy. Money management can help us in controlling emotions, as well as for the needs of long-term margins. Every trader has made a difference in the money management depending on the style and trading skills. Whatever, money management is important.
    Improving money management and disciplined money management role in the business we will be able to make more grow and should be owned by the trader if want to be successful in this business, because somehow this will make us have to keep learning the trade

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  3. #22
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    Quote Originally Posted by solo2000 View Post
    brought the total of $ 100, managed to earn another 100, you already have 200. You fame and praise! Remove immediately starting $ 100, they are your blood, then continue your game seems to have benefit from hundreds again.
    So your ruin mentally go to zero ...
    Good luck!
    It really a thing if joy if you can be able to make profits on your trading account and more so withdrewing,But you shouldn't get carried away,because your journey has just begun,what you should do is to try to get better hence you've been able to make some gains,it should sever as an encouragement to do better not to fell too proud.

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  4. #23
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    Quote Originally Posted by solo2000 View Post
    brought the total of $ 100, managed to earn another 100, you already have 200. You fame and praise! Remove immediately starting $ 100, they are your blood, then continue your game seems to have benefit from hundreds again.
    So your ruin mentally go to zero ...
    Good luck!
    I think the good management is the key in the forex trading and the reason is that in the forex trading all trader have the small investment and if they not mange the trading well then they will not get the success in the forex trading so that's why to mange the capital in the trading is very necessary and i think it is key of success that if we mange the capital well in the trading then we will get the success in the forex trading.

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  5. #24
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    Money management is very important in business , the best way to make money is when trading forex is making a trading plan for the trader when newbies is tradinging. it is dangerous and too much risky , at least luck is also invole in business , managemnt is too much neccessary

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  6. #25
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    money management is hard of Forex trading.Forex business is money market.We must need follow proper money management rules.Forex trading business is the biggest money market in our world.most of the trader never follow money management rules.for this reason they lost their invest here.So we must follow money management rules.

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  7. #26
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    In forex trading, you do a lot of analysis and also have tools to help you analyze the chart for you. I think security is necessary, first of all, not only but also to all trade in forex trading.You must have the security. Make sure that you properly manage your money. You have to have a money management system in placed if you want to survive in the business.

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  8. #27
    Trader cowek ireng's Avatar
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    waji, i also think money management is really too important for every trader to make good trading on the forex market , we do not just use the small lot but also we will set how much percentage of capital risk which the money management that we want to use in our trade

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  9. #28
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    Risk Management is the important factor in Forex trading and we need to understand that Forex trading is a risky business and we all need to understand that with knowledge of Forex Education we can get good profit from the Forex trading. Technical analysis , Fundamental analysis and Risk management is more important.

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  10. #29
    Trader cowek ireng's Avatar
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    ebizripan , Yes it means we can't survive in any business without having right money management and implement it properly. Forex is one of the money investment business, so it requires money management too to make this business running well. Its has function to maximize our profit as well as minimize our risk of loss in our trade

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  11. #30
    Trader dkarev's Avatar
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    money management is very important when trading the market,since Forex trading is very volatile place,we need to have a back up plan,so that if this is not going in our favor we can always be out of the market on time.trading without proper money management will only lead to marginal call,though we are bound to lose some trading but with proper money management we are bound to make profit.

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