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money management and stoploos.


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91 replies to this topic

#81
sidejob

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Well that is the risk but it is better if our position closed since we know that our emotions is really hard to handle, even some people trying to rise or to lowering their SL to delay lose and hope the price will turn around, do you think this is not the work of our greediness which is our emotions? I doubt it but that is what happens, our emotions affect us and we need SL to suppress it.


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#82
my name

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money management is very important in the work of the forex if you want to become a successfull trader then you must follow money management process.these tool help you a lot in the forex work .if you don't follow the money management then you have to face loss in the market so don't ignore them to get profit.


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#83
aliforex

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money management is very important in the work of the forex if you want to become a successfull trader then you must follow money management process.these tool help you a lot in the forex work .if you don't follow the money management then you have to face loss in the market so don't ignore them to get profit.

 

Management skill must be improved and we can start learn it using demo account. For new trader, demo account surely will help to understand about forex trading. We must try to maximize it as well as possible


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#84
Anne Morris

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We have to be extremely wise with using of money management; if we are to be successful then we need to make sure we learn to use these things properly. I am very fortunate that I trade under OctaFX, as they are all very special and that too by all means and measurements. I love it under their ECN account, as it works beautifully with no issues over slippage, re quote and have stop out level of just 15%, so that helps too. I love it even more with their 50% bonus on deposit, so that works out nicely as far doing correct money management comes, it all makes trading ever so nice and like able for me in any situation.


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#85
bearhugs

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Both money management and Stop Loss are important key tool of Forex trading. You need to learn it very carefully so that when you work in real account you can handle your investment to minimize the loss with SL.


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#86
radex78

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Both money management and Stop Loss are important key tool of Forex trading. You need to learn it very carefully so that when you work in real account you can handle your investment to minimize the loss with SL.

Still so many trader using stop loss to manage the risk in trading, this is important for them although some trader might not using stop loss but as trader need to manage money with money management,and survive in forex beside need risk management also skill to analyze the trend market
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#87
aliforex

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Still so many trader using stop loss to manage the risk in trading, this is important for them although some trader might not using stop loss but as trader need to manage money with money management,and survive in forex beside need risk management also skill to analyze the trend market

by the way we can do that then we can easily to limit the losses properly, and could make the workings of our trading better, we can avoid the risk by easily then we can maximize the way to achieve the benefits properly and correctly


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#88
radex78

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by the way we can do that then we can easily to limit the losses properly, and could make the workings of our trading better, we can avoid the risk by easily then we can maximize the way to achieve the benefits properly and correctly

In trading we limit our risk usually we can using stop loss and or cut loss manually, in money management plan as trader will using lot size that suitable with amount of capital, and for safe trading then using small lot size will can longer life than using big lot size.
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#89
gaban

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In trading we limit our risk usually we can using stop loss and or cut loss manually, in money management plan as trader will using lot size that suitable with amount of capital, and for safe trading then using small lot size will can longer life than using big lot size.

a difficult business to run, need to do a study that preparation before engaging in a real account so that profits can be obtained. forex is that we always provide a profit and also in a loss, so you can think like where profits can be obtained by either


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#90
Norm O'Neill

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Money management is part of necessary thing while stop loss is something that is more on the wishful part. I never let the radar slip as per money management is concern because it’s my plan b if things go wrong. I feel least trouble over doing it due to OctaFX broker with their 50% bonus on deposit scheme; it’s in one word fantastic! I can work in whatever way I want and enjoy the show, but I still keep stop loss if I am away.


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#91
radex78

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Yes using stop loss is good to manage the risk and this is also need as trader beside using stop loss also need to learn how to put on reasonable target because sometime is too far target will acnhieved before hit these target but already hit stop loss first, and this is also need learning
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#92
aliforex

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Yes using stop loss is good to manage the risk and this is also need as trader beside using stop loss also need to learn how to put on reasonable target because sometime is too far target will acnhieved before hit these target but already hit stop loss first, and this is also need learning

with stop loss then we will feel calm and comfortable in the run, and may be able to minimize the risks well and can learn the discipline to be able to understand and comprehend the risk incurred


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