horizontal dynamo top1

All banners are advertisements only. FIB does not endorse or vouch for any advertisers.

horizontal navi rotating-eisntein


Page 1 of 7 123 ... LastLast
Results 1 to 10 of 66

Thread: Do you think money management is important?

  1. #1
    Newbie


    Join Date
    Nov 2015
    Reputation
    Array
    Posts
    13

    Do you think money management is important?

    box - einstein 250x250
    Money management is the most important part for new trader in forex market. Without proper money management you can not reach your goal. So it is the most important to get sufficient gain. If you want to be a good trader we must have a good money management because a big loss can wash his account at anytime.

  2. Under 1st Post -dynamo
  3. #2
    Newbie


    Join Date
    Feb 2015
    Reputation
    Array
    Posts
    45
    Money management is very important, it includes risk control plan, trading strategy etc. I prefer lower leverage to control risk, high leverage will boost risk.

  4. #3
    Newbie


    Join Date
    Aug 2015
    Reputation
    Array
    Posts
    48
    Yes money management is the most important aspect while trading in forex. Even if you have a good strategy you won't be able to generate consistent profit from forex if you are not good in money management.

  5. #4
    Senior Member


    Join Date
    May 2015
    Reputation
    Array
    Posts
    316
    Definitely I am! I know, if we want to sustain in this trading environment for long time then surely we have to show enough respect on money management policy. But, itís true my live trading is not boring because of getting 100% welcome bonus offer of TradingBanks and high leverage facility as well.

    So, as I get enough space for my trading thatís way, I get enough freedom for doing my live trading. I know, which traders try to do overtrading ultimately they are the losers.

  6. #5
    Elite Member


    Join Date
    Apr 2013
    Location
    http://www.tickmill.com/
    Reputation
    Array
    Posts
    734
    The greatest reason why most people losse all their capital in their first trading is money management. Wrong analysis can cause high drawdowns, if the trader chooses good money management, but wrong analysis will cause margin call, if wrong money management is chosen

  7. #6
    Newbie


    Join Date
    Aug 2015
    Reputation
    Array
    Posts
    40
    You are right the skill of money management is very important to take profit from market without it we can not survive in market for a long time. Most of the traders loose money due to the weak money management .This skill need some practice of trader so that he can develop in it.

  8. #7
    Newbie


    Join Date
    Oct 2011
    Reputation
    Array
    Posts
    10
    Money management it is more important that the system you use to buy or sell.

  9. #8
    Newbie


    Join Date
    Dec 2015
    Reputation
    Array
    Posts
    17
    Obviously, money management is very important issue here. I see, which traders don't care money management policy they are losing their balance in a quick time. So, to stay here for long time traders need to use money management rules very sincerely.

  10. #9
    Elite Member


    Join Date
    Apr 2013
    Location
    http://www.tickmill.com/
    Reputation
    Array
    Posts
    734
    I even think that the size of the merchant will be successful is when they have to work hard to be good at doing trade with money management better and more disciplined in trading and if they are able to trade with disciplined money management then it's very good for keeping account of risk

  11. #10
    Junior Member


    Join Date
    Jun 2015
    Reputation
    Array
    Posts
    105
    dynamo - First and lasp post every thread AXITrader aff
    money management, i agreed,is one of important aspects in forex trading ,besides the psycology.
    money management and trading psychology is like a coin with two sides.
    both are one, and important.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •