what is the best...

[⭐ sapperindi]

1. ...money management training course in your opinion, and why?

2. ...risk management training course in your opinion, and why?

 

Thank you for your input!

[trader5729]

Money management and Risk management are the same thing essentially. Defining a trading edge and then determining how much MONEY you want to RISK per trade is what needs to be found. The only way to find a true edge is to take trades based off the same definable criteria and journal them to see if they play out. risking 1-2% per trade is standard.

[Josesv]

Money management refers to how you handle all aspects of your finances, from making a budget for where each paycheck goes to setting long-term goals to picking investments that will help you to reach those goals. Visit https://ssstik.io/ for videos about that

[⭐ g1080]

Vantharp got some interesting trainings about risk management, even in his page theres a simulator you can download. Thorpe´s book Mathematics of Money Management is really good a littlte tought to digest Edited December 31, 2021 by g1080

[⭐ sapperindi]

thank you both for your insight! Happy new year

[susimelati]

Great article! The insights shared are incredibly valuable, and I appreciate how well it's written. It's a perfect blend of informative content and practical tips. Definitely learned something new today! iklan media sosial

Edited November 19, 2024 by susimelati

[binaryowner]

On 12/13/2020 at 1:20 AM, sapperindi said:

1. ...money management training course in your opinion, and why?

2. ...risk management training course in your opinion, and why?

 

Thank you for your input!

The knowledge of money management that actually turned out to be useful I did not learn from courses, but pieced together bit by bit by reading books, forums, watching webinars (for example, on risk management from HFM), and drawing conclusions from my own trading. Perhaps it’s worth packaging this into a course and starting to sell it, because you won’t find anything like it anywhere else.

[bluemac]

The traders are well versed in managing all the associated risks with their trading and thats why both risk and money management is important to learn.