Money Management in Forex

[bublu]

In my opinion we should cut our loses earlier using stop loss because we never knew when a small mistake can lead to higher damages.

 

[JimmyChoo]

i set up a money management and right now i am using this in demo to see the performance how it works.

 

[Svetlana Loboda]

can you please tell more about your money management ?

 

[FahadMd]

any kind of money management can be useless , because market is so unpredictable and no one can predict the real faction of this market with certainly.

 

[bublu]

Just use a stop loss to exit the markets earlier before it becomes too late and do not risk too much money which you cannot afford to lose in my opinion.

 

[NeilKruger]

risk is everywhere in Forex trading , so we traders should develop our money management , otherwise any kind of trading approach can be useless.

 

[Ahmed Solaiman]

any kind of risk management can be useless if there is no perfect practice session.

 

[Zafar Al Asad]

money management is very important in trading life as well real life. so we should focus on there first of all.

 

[Abbas Ali Khan]

money management is really important , no way to deny but any kind of approach can be useless if there is no regular level of practice.

 

[Ahmed Solaiman]

there is any similarity about money management with risk management? what you think