Money Management Tips

Oct 19, 2020 at 06:48
14,162 Tampilan
180 Balasan
Menjadi Anggota Sejak Jul 23, 2020   816 postingan
Jul 02, 2021 at 17:50
Money management is essential in trading. It is easy to lose money in trading.
Menjadi Anggota Sejak Apr 01, 2020   227 postingan
Jul 08, 2021 at 08:50
It is good to know your risk before opening each trade, and also use a forex manager to help you manage your positions, set TS and other functions, I have been using it since yesterday.
Menjadi Anggota Sejak Jun 15, 2021   8 postingan
Jul 08, 2021 at 11:40
If you do not know how much you are risking when you enter a trade then you will never be successful
Menjadi Anggota Sejak Jan 13, 2021   38 postingan
Jul 13, 2021 at 06:19
You just need to learn how to evaluate important points and prioritize.
Menjadi Anggota Sejak Jun 26, 2020   323 postingan
Jul 13, 2021 at 08:32
i have a very common and boning question as like others , there is any major difference between money and risk management ? its all about same issue or any major difference between two ?
Menjadi Anggota Sejak Apr 03, 2021   437 postingan
Jul 13, 2021 at 23:38
Tradelist45 posted:
i have a very common and boning question as like others , there is any major difference between money and risk management ? its all about same issue or any major difference between two ?

Money management is included in early trading preparation before making a deposit trader need to watching the amount saving money, don't use all saving money in forex but only spent money that affords to lose, money management in trading included how to chose position size, meanwhile, risk management is preparation about the risk, usually trader using stop loss to manage the risk.
Menjadi Anggota Sejak Jul 01, 2021   7 postingan
Jul 14, 2021 at 10:06
The best money management strategy is to stop trading immediately. That is the only way to minimize losses. Almost everyone loses at Forex
Menjadi Anggota Sejak Apr 15, 2020   187 postingan
Jul 16, 2021 at 04:14
sopranoberidze posted:
The best money management strategy is to stop trading immediately. That is the only way to minimize losses. Almost everyone loses at Forex

Thats not the fact. People loose because they do not trade sensibly and just jump to conclusions without prior analysis.
The more your practice, the more you learn.
Menjadi Anggota Sejak Jun 26, 2020   323 postingan
Jul 16, 2021 at 08:34
managing money and risk its all about avoiding unfortunate risk and losses , so we the traders always have to follow our money management , if we want to lead a healthy trading life.
Menjadi Anggota Sejak Jun 08, 2021   10 postingan
Jul 22, 2021 at 07:34
Money management is one of the keys to mitigate risk. I would recommend no overtrading but always planned trading. I have been successful this way.
Menjadi Anggota Sejak May 19, 2020   321 postingan
Jul 22, 2021 at 12:17
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios
@Marcellus8610
Menjadi Anggota Sejak Jul 22, 2021   8 postingan
Jul 22, 2021 at 12:37
MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios


Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades
Menjadi Anggota Sejak Jul 22, 2021   4 postingan
Jul 22, 2021 at 18:54
CatWalker posted:
MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios


Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades


or just trade news =)
Menjadi Anggota Sejak Jul 07, 2021   40 postingan
Jul 23, 2021 at 07:42

Money management is very very important, and so it risk management. They need to go hand in hand. You also need to have some proper knowledge of the market. Money management will be based on a plan that you have, and as you said every trader will have his ir her own plan, such as not exceeding 2% of your capital in any trade.
Menjadi Anggota Sejak Jul 23, 2021   9 postingan
Jul 23, 2021 at 10:27
What is difference between money management and risk management?
Menjadi Anggota Sejak Mar 17, 2021   494 postingan
Jul 23, 2021 at 12:33
CakeMoss posted:
What is difference between money management and risk management?

I think their is no difference.
Menjadi Anggota Sejak May 19, 2020   321 postingan
Jul 23, 2021 at 18:56
CatWalker posted:
MarcellusLux posted:
- Several stages of market analysis
- Calculation of probable risks
- Calculation of market entry parameters based on analysis and possible risk
- News monitoring
- Probable exit points calculation and selection of the most profitable scenarios


Those are great points. Could you be more specific on how you quantify these risks? and use them for actual trades

The risk analysis is based on technical and fundamental analysis of the current market situation. At the same time, I take into account market volatility, the impact of possible historical levels and the psychology of market participants (investor sentiment). This allows me to get data on the current market position and assess the future prospects for the development of different scenarios. The start position of gain/loss I try to adhere to is 3/1
@Marcellus8610
Menjadi Anggota Sejak Jul 19, 2020   749 postingan
Jul 24, 2021 at 11:11
@CakeMoss Money management tells you how much money you should should to open a trade. Risk management tells you how you can manage your risk in trading.
Menjadi Anggota Sejak Jul 20, 2020   385 postingan
Jul 25, 2021 at 15:31
Its quite similar risk management helps your money management.
Menjadi Anggota Sejak May 19, 2020   321 postingan
Jul 26, 2021 at 11:21
Money management it's more about lot size, instruments chosen, funds allocation, portfolio building, but risk management includes evaluation of possible scenarios, assessment of probably losses related to these risks, using stop orders and RRR calculation.
@Marcellus8610
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