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Thread: Money management for newbie

  1. #1
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    Money management for newbie

    Money management is the main lesson for beginner trader. There are lots of strategy in the Forex market. Strategy is not fact for the market. If you have not proper money management then you would be must a loser trader. Every trader comes for profit but average 5% trader can gain and 95% percent trader loser. You can use any one strategy for trade and profit sure but if you have not proper money management then you could loss . So, my suggestion for newbie trader that take minimum 10k (10000 pips) pips risk as per your deposit. Because of market not move 10000 pips in short time. you can only buy or only sell for any currency pair .Take profit 100 / 200 / 300 pips. I prefer you MACD indicator for Forex trading.

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  2. #5531
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    Money management is the best thread of the trading , we easily earn a lots of money by using the best way to earn money . all the big trader use the money management in the trading and they earn a lots of money from the forex trading . the market will moves all time so we follow the news .

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  3. #5532
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    With having the proper skills of money management we can stay for a long time period in this market so to be good in the money management skills and to have the properties of managing the risks which deals with the success and to approve it well and maintain own place in this market all required the perfect knowledge and experience easily .

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  4. #5533
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    If we are doing our trade well with the money and risk management properly so in this way we should develop own perfect trade plan , skill of money and risk management will always give trader good opportunity to work and with enough knowledge and skill we develop own trade plan highly successful for working safely .

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  5. #5534
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    Money management is the key point of this business and this type of good money management is help traders to understand this market and its trend well. If a trader is not follow the money management then they will never get success on this business. If traders want to earn profit from forex they must focus on this business will good planning.

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  6. #5535
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    Money management is the only way that is give us money and without money management you cannot make money on forex with a strong trading strategy. You must make your money management strong then you can survive on forex market. If you can survive on forex market then your will be able to make big profit on this business.

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  7. #5536
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    Money management is the most important thing for the new traders. The new traders that are not making use of money and risk management as they trade, it will be hard for them to earn money from the market. Because just one risk will make them loss a lot of money, all traders needs to be sure that they are using a strong trading method that helps them manage the risk and avoid margin call.

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  8. #5537
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    We can be rest assure of success when we are trading with the managements, the management will not let us to be risking so much as we are trading the market. It is when we do not have the management that we will be losing, and we will have margin call in the same time. To trade with good strategy will be likewise nice when that strategy can be well worked with the good management.

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  9. #5538
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    If we are following the rules of trade market and also we are god in every basic aspect then earning through this market and ought the basic things like how to manage the money we will attain the maximum chances of success so we have to be good in every step that are involve to give us better results properly .

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  10. #5539
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    If you cannot trade Forex with money management then you should look for something else to do with your time because this is the secret that professional Forex Traders are using which has been largely responsible for their success, until we understand you reality, success will be very difficult for us at the end of the day.

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  11. #5540
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    Money management means that the new traders should know the amount of money that they can afford losing and then that should be the amount of money that they should invest in the market, because of how risky the business is, they shouldn't just want to make fast money from the market, but then they should make sure that they are investing little amount and build their confident.

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