Money management

Judey

New member
Money management is one of the essential skills in forex for traders to learn and build because money management can help reduce and recover capital losses during live trades.
 

sharabela

Member
As far as money management is concerned, we should not take more than 2% risk in a single trade; we should not trade in similar pair simultaneously; maintain at least 1:1 risk-reward with over 60% winning rate. It may take hours of practice to be able to maintain these. Once we can repeat these over and over we should be able to make money by trading. Money management is one of the most vital factors in trading.
 

Fin Candy

Member
Choosing a broker is very dedicate decision, because after investing the money we are not capable to maintain our trading without brokers support and the broker can affects the result of our trading with certainly, that’s why we the traders have to choose our brokers in cool mind,
 

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