Forex trading moneymangement

[gaban]

Agree, money management is a crucial component in forex trading, besides a trader should also have good discipline in enter and or exit from the market. Plan your trade and trade your plan.

to make profit at forex trading is not easy, we need a good preparation before do our trade, just make sure ur plane is good enough for u to make profit and can minimize ur chance to face with lose.

[Uncle_Gober]

ood traders are very good money managers. The reason why most of the traders lose is they underestimate the value of Money management. It is a big mistake to want to be a millionaire within a short period with a small amount of money. One can be good money manager just if he is able to deny greed.

[gaban]

ood traders are very good money managers. The reason why most of the traders lose is they underestimate the value of Money management. It is a big mistake to want to be a millionaire within a short period with a small amount of money. One can be good money manager just if he is able to deny greed.

its just because any trader target when they do forex trading is to make profit as much as they can, so whenever they got big profit in a short time, they will hard to control their greed, and when they follow their greed without any preparation, it's just bring them to the collapse, so just make sure u can control it when u do forex trading.

[Uncle_Gober]

its just because any trader target when they do forex trading is to make profit as much as they can, so whenever they got big profit in a short time, they will hard to control their greed, and when they follow their greed without any preparation, it's just bring them to the collapse, so just make sure u can control it when u do forex trading.

Controlling greed will be difficult if the condition is experiencing profit many times that a serious effort is needed so that the trader can obtain the best result by running the correct money management

[gaban]

but greed can be a good motivation for any trader to try to make profit again and again, but of course just like what i said, if u cant control ur greed its just bring u to the collapse. just try to improve ur skill and mentality that will good enough for u to be a good trader, thats my opinion.

[Uncle_Gober]

It is a fact that greed will destroy what ever profit one has made in Forex. Never ever try going against a strategy plan one has developed no matter how lucrative the market is.If one has achieved his goal of his trade, do not overextend the trade in hope of making more profit.Just stop the trade.

[gaban]

It is a fact that greed will destroy what ever profit one has made in Forex. Never ever try going against a strategy plan one has developed no matter how lucrative the market is.If one has achieved his goal of his trade, do not overextend the trade in hope of making more profit.Just stop the trade.

yes, greed will only bring harm to our trading. trading plan we would fall apart if we have greed trading. therefore we need to be able to minimize the greed to have a good trading psychology. With a good trading psychology will allow us to trade with a maximum

[Blaine]

Well said, I think we are all have been there. The hard thing about forex is knowing which trade is going to yield profit and which trade is really bust

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[gaban]

money management is essential in the mini forex trading, trading with has a good money management will allow us to trade with the maximum. good skills must be supported with good money management to make profits in forex trading this well.

[Uncle_Gober]

Fundamentally, money management tells you how much you should risk or gain when you get an entry or exit signal from the system. Moreover, it tells you how much money you should invest in every single trade. All of the strategies you choose will have one central theme, and that’s to protect you from potential losses.