Money Management Is The Key!

Discussion in 'General Trading Discussion' started by TraderAnalyst, Jun 15, 2019.

  1. TraderAnalyst

    TraderAnalyst Senior Investor

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    It is wrong to think that only big capital can bring you success, a trader can achieve success with smaller amount of capital also, the only thing is he or she must know money management and must know how to use risk supervision tools. Success is never far!
     
  2. tradersmark2017

    tradersmark2017 Member

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    Yes but most traders and investors want to gain success but never want to take the risk forgetting no successful investment without no risk


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  3. Brentwood

    Brentwood Senior Investor

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    The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
     
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  4. Hari Rastogi

    Hari Rastogi Active Member

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    Everyone knows that money management is critical for forex trading yet some people don't take their own rules of money management seriously or don't spend adequate time in planning. You cannot be a consistently successful trader until you use discipline and money management rules strictly in each trade.
     
  5. Linda Smith

    Linda Smith Senior Investor

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    In the forex market, the most important key is to manage your money. Taking the right decisions at the right time can assure you to make profits from this market. If you can not utilize your investment in the right way, you can lose all your money. Your broker can help you to make decisions about managing your money,.My broker TP Global FX helps me to make decisions to manage my investment and make money from this risky market., They help me like my financial adviser. They are really helpful.
     
  6. OptimSignals

    OptimSignals New Member

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    Very True , but Trader can go for some buy sell signal software as well for Accuracy
     
  7. Benigna Mazzi

    Benigna Mazzi Senior Investor

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    Money management is very important for a trader. If anyone wants to start trading in the forex market then he/she should follow the money management system. A money management system can easily make bring down the losses level. I always follow the money management system. This is a very effective way to reduce losses. I trade with Eurotrader. They are a very reliable broker. They are one of the best brokers I have ever worked. They never make disappointment to their client. They provide many good features to their client.
     
  8. Lindsey J. Crosby

    Lindsey J. Crosby Senior Investor

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    Money management is one of the essential piece of risk management. I risk 2% of my capital for every trade. What's more, the most extreme presentation to chance is 4%. It implies I open most extreme of 2 trades. I think everybody ought to keep up their risk management rules. For my trading I utilize Eurotrader broker since i like their instructive resources like eBook and video tutorials. I have taken in a considerable measure from that point.
     

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