Definitely! Traders should know how to manage money and risk. Every trader should risk small capital and proceed with calculated risks.
Thanks for replying. Trying my best!Depends on how you are able to make a consistency in profit. If you are not yet, then keep practicing til you are able to make consistency in profit
For me money management in forex is an effective way to utilize the capital in order to avoid risks and losses.How do you describe money management?