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Thread: Do you think money management is important?

  1. #41
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    Money Management is as important as Risk Management, as if you will not manage your money properly, you will not have enough to trade and hence you won't be able to make any profit.

  2. Under 1st Post -dynamo
  3. #42
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    agree with you, do not deny many traders are paying less attention MM and RM at the time of trading, and consequently the profit and risk in may not match expectations. therefore recommended to traders particularly novice traders, to be able to pay attention to MM and RM in trading, in order to get the maximum profit with the risks can be minimized

  4. #43
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    Money management is the crucial element, and it is not advisable to avoid it if you wanna become a successful trader.

  5. #44
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    it is not easy to start trading with the smooth, because the loss in forex trading is very high, potentially also be bankrupt if we do not manage funds well, and therefore we should be able to manage the funds and the risk it well so that the result was optimal

  6. #45
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    Yeah Money Management is very much important for all the traders and it is quite important for us to make some good income out of it.

  7. #46
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    agree with you, do not deny many traders are paying less attention MM and RM at the time of trading, and consequently the profit and risk in may not match expectations. therefore recommended to traders particularly novice traders, to be able to pay attention to MM and RM in trading, in order to get the maximum profit with the risks can be minimized

  8. #47
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    Yeah...! Risk Management and Money Management are the two most important factor that are needed to be considered while trading with Forex.

  9. #48
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    Proper plan of management is important in trading. If you have good plan and you follow rules of your own work than it will give you better result than any strategy. A plan should include all the risk and money management ratio and other important factors which are needed for trading.

  10. #49
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    Money Management and Risk Management are the two most important aspects of the Forex Trading, you need to learn it both if you really wanna become successful in Forex Trading.

  11. #50
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    dynamo - First and lasp post every thread AXITrader aff
    Yes, I agree. not a few traders are paying less attention MM and RM. MM and RM itself is an important factor affecting the success of a trader in forex trading. Because if we can pay attention to these two factors, we can automatically calculate the maximum benefit with the risk that can be minimized.

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