Mark Burmester Posted July 9, 2016 Report Share Posted July 9, 2016 Money management is the key to do things, if we are good at doing money management then we will be able to ride up things so much better and will be able to achieve positive results as well, so our primary object or target must be to go for putting right money management in place, if we are able to do that then rest of the stuff is automatically working out better and that’s exactly why I go for OctaFX broker where I get great help through their giant 50% bonus on deposit which is trade able and can be taken with as low as 5 dollars investment, so that’s sort of stuff which is picture perfect for beginners, I believe this is how one wishes to start up his career. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted July 21, 2016 Report Share Posted July 21, 2016 On 7/9/2016 at 5:42 PM, Mark Burmester said: Money management is the key to do things, if we are good at doing money management then we will be able to ride up things so much better and will be able to achieve positive results as well, so our primary object or target must be to go for putting right money management in place, if we are able to do that then rest of the stuff is automatically working out better and that’s exactly why I go for OctaFX broker where I get great help through their giant 50% bonus on deposit which is trade able and can be taken with as low as 5 dollars investment, so that’s sort of stuff which is picture perfect for beginners, I believe this is how one wishes to start up his career.  yes, all the big traders certainly have the ability to manage their finances well, it is already supposed to be like that, because it is very important to manage the money we pay attention to remember that forex is quite risky then to avoid the risk of it by managing risk well Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
binaryowner Posted August 30, 2016 Report Share Posted August 30, 2016 Best way to study money management - study math in the university or college. You can use that information to build your own genuine stake management system with minimal trading skills. Quote Link to comment Share on other sites More sharing options...
Natural Mess Posted September 2, 2016 Report Share Posted September 2, 2016 Money management is also an important factor that you need to be consider, while trading with Forex as without money, you cannot trade, thus you need to manage your money to invest it. Quote Link to comment Share on other sites More sharing options...
bluemac Posted October 13, 2016 Report Share Posted October 13, 2016 On 30/08/2016 at 6:24 PM, binaryowner said: Best way to study money management - study math in the university or college. You can use that information to build your own genuine stake management system with minimal trading skills. I guess these money management matters are not offered in any university and these money making subjects can only be learnt at ones own capabilities, i think some of us are lucky enough to take guidance from our seniors. Quote Link to comment Share on other sites More sharing options...
William Weir Posted October 18, 2016 Report Share Posted October 18, 2016 It’s not just about money management, but it’s more about been sensible and planning well, if we plan well then only money management is going to matter at all but without using of common sense we will not be moving too far ahead in our journey. I find it relatively easy thanks to broker like OctaFX which is amongst the finest there is with small spreads from 0.1 pips to high leverage up to 1.500 while there is also 50% bonus on deposit which is use able, so that too helps me big time and allows me to work really nicely with absolute ease and comfort even with lower investment, it’s awesome and is one of the biggest reason I work with confidence. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 9, 2016 Report Share Posted November 9, 2016 but good management is very needed. 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 Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
Gaban Posted November 30, 2016 Report Share Posted November 30, 2016 On 11/9/2016 at 9:10 AM, uncle gober said:  but good management is very needed. 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  certainly in MM and RM will be the last factor is not her in the running of this forex trading, we should always be to continue to pierce the knowledge and ability to be maximized so that maximum profit can also get Quote www.instaforex.com Link to comment Share on other sites More sharing options...
georgeus Posted January 19, 2017 Report Share Posted January 19, 2017 Money management is vital part of forex trading. It is like most trader pay lip service but they don’t practice in their real life. Money management is like massive, unbearable action. Forex trader forcibly need to concentrate their positions and continuously monitor and taking their losses. Most of traders don’t like to do that. To practice money management there are two ways one of them are harvest your profit by taking small stops frequently. Though since I’m working with Trade24, I’m get relieve from many matters in this business like money management. Quote Link to comment Share on other sites More sharing options...
yunus Posted January 31, 2017 Report Share Posted January 31, 2017 Money management in Forex trading is one of the most important problems of new and even advanced forex traders. Almost everybody can find a good trading system that can be profitable but something that causes traders to lose and be negative at the end of the month, is lack of a proper money management strategy and discipline. Forex money management have several different aspects and stages and should be started from the very first stages of your live forex trading business which is opening your live trading account. Maximizing your profit is an important part of money management. If you succeed to maximize your profit in your trades, you will have a better risk-reward ratio. If you need more & logical direction of money management you should choose the broker ECNCAPITAL.COM. Quote Link to comment Share on other sites More sharing options...
ForexMartTrader Posted February 13, 2017 Report Share Posted February 13, 2017 Money management does not guarantee your success as a trader, it merely helps you to survive for long in the forex market.  But it can enable you to succeed when you combine it with other sound forex trading skills. Quote https://www.forexmart.com/register?id=ZERJM  https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
Bevan Congdon Posted April 11, 2017 Report Share Posted April 11, 2017 Money management is very important for a trader and I must say every trader who wants to succeed in trading must go through good money management rules. Discipline is what we need to trade for a long term success. There are many option trader who's stake per trade is so high that if they lose more than 3 trades they lose their total account capital. I trade options with lxmarkets.com and with their guideline of proper money management has taught me many lessons. I am always following their guidelines for trading style. Quote Link to comment Share on other sites More sharing options...
Bill Lawry Posted May 4, 2017 Report Share Posted May 4, 2017 You have to set your goal before trading in forex. If you don’t do so, it will be like you are middle of ocean and swimming without knowing where to go. After setting your goal, you must make proper money management according to your investment. Many traders don’t take money management seriously. As a result sometimes it causes them their whole investment. To make money management leverage is a big issue. That’s why I chose AAFX. It provides me 1:500 leverage. Quote Link to comment Share on other sites More sharing options...
ForexMartTrader Posted May 8, 2017 Report Share Posted May 8, 2017 Money management will enable your forex trading account to survive for long in the forex market, only then will you exploit good trading opportunities to trade profitably in the long run. Quote https://www.forexmart.com/register?id=ZERJM Â https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
Bill Lawry Posted May 16, 2017 Report Share Posted May 16, 2017 Our main goal is always making money in this business. We all do hard work for this only. But often we forget we can not always win in this market. Because, forex market is totally unpredictable. This market often tests our patience and mentality by making us loser consistently. And that’s the time where real traders survive. For the survival we need money management. Making money management is very imperative. If we can know how to make money management our loss can be reduced. This is very tactical issue. That’s we have to learn this from good source. I can suggest you AAFX for that. For controlling our loss there is no comparison of money management. It is key of success in forex.  Quote Link to comment Share on other sites More sharing options...
ForexMartTrader Posted May 29, 2017 Report Share Posted May 29, 2017 Money management ensures your survival in the forex market, making it possible for you to last long enough to apply your forex trading skills that will enable you to trade profitably. Quote https://www.forexmart.com/register?id=ZERJM Â https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
raniya Posted July 9, 2017 Report Share Posted July 9, 2017 Money management are needed in forex. Without good money management, we will not get maximal result. We can hone our skill in managing money using small amount and surely use demo account first. Try to maximize leverage from broker to help us trade with small amount. I usually use 1:500 when trading in FXB Quote FXB Trading | FX & CFDs Broker Link to comment Share on other sites More sharing options...
sakura Posted August 1, 2017 Report Share Posted August 1, 2017 It is important to analyze different types of currency pair comparisons if you want to be successful in CFD trading. FXB Trading offers the best comparisons that you will come across anywhere on all major currency pairs. Quote Link to comment Share on other sites More sharing options...
Josheb Fredy Posted August 8, 2017 Report Share Posted August 8, 2017 Right level of money management is necessary, as without that no one can move forward. I feel absolutely easy to do this through FreshForex, as they have mighty offering especially with their 101% Tradable Deposit Bonus, it’s a lot easier to work and helps big time. Quote Link to comment Share on other sites More sharing options...
sakura Posted August 9, 2017 Report Share Posted August 9, 2017 All experienced traders need special types of speculative and predictive tools to negotiate the ups and downs and the ins and outs of trades in the CFD market. FXB Trading is the right kind of website to equip traders with tools such as the economic calendar and the daily economic outlook and these contributions allow traders to become successful in the CFD market. Quote Link to comment Share on other sites More sharing options...
Willem Hesselink Posted August 14, 2017 Report Share Posted August 14, 2017 If you have ever heard of any indicators or systems about Holy Grail then look no further, The only holy grail exists in Forex trading or any other trading business is Money Management. If you can manage your money and take proper risk per trade you can easily get good profits at the end of the month. I am currently trading with Forex4you who provided me educational materials from where I came to know about the importance of money management and understanding the trading properly. Quote Link to comment Share on other sites More sharing options...
sakura Posted August 16, 2017 Report Share Posted August 16, 2017 On 8/14/2017 at 11:45 AM, Willem Hesselink said: If you have ever heard of any indicators or systems about Holy Grail then look no further, The only holy grail exists in Forex trading or any other trading business is Money Management. If you can manage your money and take proper risk per trade you can easily get good profits at the end of the month. I am currently trading with Forex4you who provided me educational materials from where I came to know about the importance of money management and understanding the trading properly. FXB Trading is considered as a top rank brokerage platform in the CFD market. It has helped encourage many traders and guaranteed their success. Among the many popular features on its website are the security of the traders’ accounts and the segregation of their money. Traders can also enlighten themselves about the regulations followed by the CFD market. Quote Link to comment Share on other sites More sharing options...
Willem Hesselink Posted September 8, 2017 Report Share Posted September 8, 2017 money management is something that most traders pay lip service to, but few practice in real life. The reason is simple: just like eating healthy and staying fit, money management can seem like a burdensome, unpleasant activity. I am trading with Forex4you and with my broker support I am doing good money management to control my losses and for profitable trading. As a forex trader I know how much Important is money management for traders. It forces traders to constantly monitor their positions and to take necessary losses, and few people like to do that. The reality is that very few traders have the discipline to practice this method consistently. Most traders can only absorb the lessons of risk discipline through the harsh experience of monetary loss. Quote Link to comment Share on other sites More sharing options...
Aldrin Randel Posted October 17, 2017 Report Share Posted October 17, 2017 Most forex traders invest 99% of their energy in an examination and the buying and selling of currency pairs. Huge numbers of these traders eventually join the armies of ex-forex traders since they overlooked the most imperative part of hypothesis â€" cash management. I trade with TenkoFX, and I never overlook this since I know the amount it is essential for a trader to increase great benefit from their trades. My broker helps me a lot to do cash management. Quote Link to comment Share on other sites More sharing options...
Hugh Brooks Posted October 17, 2017 Report Share Posted October 17, 2017 I likewise exchange with TenkoFX. Before entering the market, I decide a stop/loss as a benefit objective. Numerous traders regularly enter the market with a value objective, however without an unmistakably characterized defensive stop. At the point when the market moves against them they are regularly constrained out of the extent of their edge call. They lose control, and the outcomes are frequently deplorable. What ought to have been a generally little loss turns into a to a great degree substantial loss. We ought to remind it. Quote Link to comment Share on other sites More sharing options...
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