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    Money management

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    Faf Plesis

    Posts : 457
    Join date : 2017-03-19

    Money management Empty Money management

    Post  Faf Plesis on Tue Nov 07, 2017 3:02 pm

    Money management is an important issue to the traders. Trading books are littered with stories of traders losing one, two, even five years' worth of profits in a single trade gone terribly wrong. Typically, the runaway loss is a result of sloppy money management, with no hard stops and lots of average downs into the longs and average ups into the shorts. But I always enjoy a better amount of profit with Trade12 broker due to their lowest transaction cost and other favorable facilities.

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    Eric Weller

    Posts : 596
    Join date : 2017-05-02

    Money management Empty Re: Money management

    Post  Eric Weller on Wed Nov 08, 2017 10:44 am

    One of the most important aspects of trading is money management. An individual trading with proper money management will do better trading a mediocre trading system than a person trading an excellent trading system who lacks money management skills. Moreover who uses high leverage like me should always maintain money management rule. I get 2000:1 leverage from my broker AAFX. And for my trading I use 1:2 risk reward system.

      Current date/time is Fri Nov 15, 2019 10:41 pm