Money Management in Forex

[JimmyChoo]

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.

to build a strong money management is not a minor joke , need a powerful trading entry

 

[Ahmed Solaiman]

its a very long time process, for that reason we the traders need patience first of all.

 

[ForexCrusader]

Absolutely, I couldn't agree more!

Money management is a vital aspect of successful trading, and it often gets overlooked or underestimated. No matter how powerful our analytical skills or trade knowledge are, without proper money management, we're like sailors on a stormy sea without a compass. Here’s a guide on money management for beginner:

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[shine]

its a very long time process, for that reason we the traders need patience first of all.

I don't think that learning and controlling risks is a long process. You can learn it quite quickly. The question is different: many traders do not consciously control risks in order to be able to earn quickly and a lot, they are controlled by greed and haste. Therefore, they lose their deposits in pursuit of big money.

 

[bublu]

to build a strong money management is not a minor joke , need a powerful trading entry

Well i wasn't discussing the ideas of money management or powerful trading strategy. I just said we need to put stop loss at every trade so we cannot risk all of our account at stake so if you have any money management theory please enlighten us with your thoughts.