Quote Originally Posted by sameeh View Post
using of the stop loss and money management strategy will give the trader a good chance to survive in the market for long time and makes consistent profits, the trader should be able to make good money from the market because he trades with good plan and strategy and so he can be able to know how and when he can enter the market and trade.
It would continue to be an illusion for anyone to actually assume that they can trade forex successfully without taking necessary precautions in respect of money management, a strategy that uses money management definitely has higher performance at the end of the day, our survival is always based on the priority we place on ensuring our account is managed successful, there is no good strategy that will do well in the absence of money management.