Forex currency trading forum.

We welcome you to the Forex forum, a networking community where you can discuss anything related to Forex. Whether you need information of Forex Brokers, Forex Software, Forex robots or other Currency Exchange services, we hope to help you make more pips!

Send money worldwide for € 0.50

Sponsored links

Latest topics

» Forex technical analysis
Wed Dec 12, 2018 2:50 pm by Faf Plesis

» A credible broker
Mon Dec 10, 2018 7:11 am by Faf Plesis

» Trading reward
Mon Dec 10, 2018 7:10 am by Faf Plesis

» Forex signals.
Sat Dec 08, 2018 5:24 pm by David Young

» Searching for a broker
Thu Dec 06, 2018 3:59 pm by Faf Plesis

» Stop loss
Thu Dec 06, 2018 3:58 pm by Faf Plesis

» Trading platform
Mon Dec 03, 2018 2:15 pm by Faf Plesis

» Swing trading
Mon Dec 03, 2018 2:13 pm by Faf Plesis

» Day trading
Sun Dec 02, 2018 2:35 pm by Faf Plesis

Forex Search engine

Custom Search

Who is online?

In total there is 1 user online :: 0 Registered, 0 Hidden and 1 Guest

None


[ View the whole list ]


Most users ever online was 74 on Wed Nov 23, 2016 10:47 pm


    Proper money management

    Share

    Faf Plesis

    Posts : 421
    Join date : 2017-03-19

    Proper money management

    Post  Faf Plesis on Mon Jan 15, 2018 1:28 pm

    There are several ways of money management. These are given below:
    -avoid trading too aggressively,
    -admit when you are wrong,
    -prepare for the worst,
    - Envisage exit points before entering a position,
    -respect and understand leverage,
    With Trade12 I can operate this nicely. They cash back withdrawn money in just time and take the lowest amount of charge.

    Eric Weller

    Posts : 468
    Join date : 2017-05-02

    Re: Proper money management

    Post  Eric Weller on Fri Jan 19, 2018 1:53 am

    Forex platform is a place where you will have to face losses even if you have the best trading strategy. No trader can prevent losing trades or money in this business. But we can surely control that losing amount with proper money management. For making money management you have to consider your balance, margin, leverage and your desired profit ratio. I get 2000:1 leverage from my broker AAFX. For such high leverage I trade with 1:2 risk and reward ratio.

      Current date/time is Sat Dec 15, 2018 1:14 pm