ellliottt Posted December 23, 2010 Share Posted December 23, 2010 Hi I am trying to define which of the following two major strategies is better: 1. Using a system with medium winning rate (lets say for the example, something around 40%), with a high TP/SL rate (for the example, 3:1). 2. Using a system with high winning rate (lets say over 90%) with low TP/SL rate (lets say 1:8). The first is the traditional way of manual traders, and the second is familiar with robots. I would like to hear some opinions about it, which is better and why? Quote Link to comment Share on other sites More sharing options...
senger Posted December 6, 2011 Share Posted December 6, 2011 Best strategy for the management of money is dependent stop my love of the loss of all transactions and none of the strategies that differ with this, but you can Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 29, 2012 Share Posted March 29, 2012 Considering the problems associated with the use of EAs also known as robots makes the manual trading better. With manual trading, a trader has full control over the trade and a trader does not need to wait for the EA updates before trades can be placed. With the manual trading, a trader needs experience which is acquired over the years. Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted June 12, 2012 Share Posted June 12, 2012 I'd go for the using the system with the medium winning rate which leads us to less losses Quote Link to comment Share on other sites More sharing options...
euro Posted October 10, 2013 Share Posted October 10, 2013 I prefer manual trading versus robots. I don't do well with robots and will not do robots. Also, Robots have limitation. We as human are so much better than robots. I think if you learn how to trade you will make more money than bots do. Bots are expensive but they don't really help us earn that much. I prefer trading on my own. Also, you should learn to manage all aspects of trades as that will make you a successful trader. Forget about using expensive bots. Quote Link to comment Share on other sites More sharing options...
kiranchandra Posted October 17, 2013 Share Posted October 17, 2013 There is no specific management strategy of when a trader should be certified knowledgeable in Demo to go over to the real account. However, certain people suggest a period of six months on average. do you think there is a minimum duration to be in Demo and if yes, what? Quote Link to comment Share on other sites More sharing options...
standart Posted October 21, 2013 Share Posted October 21, 2013 the point to set good money management is traders not risking high margin per trades. traders should aware with chance to loss and so, need to protect their capital to not suffering big decrease when they are get loss in trading. small margin lead traders to get small profit. but at least, not make traders get high capital decrease when loss in trades. Quote Link to comment Share on other sites More sharing options...
rofi93 Posted October 26, 2013 Share Posted October 26, 2013 i think the second one is better...winning rate is very important...if you win more you will make more profit than others...small profit is better than loss...so, accept small profit and don't blow up your account....keep increasing slowly...in this way you will get a big capital at the end of the year...always try to trade a smaller lot size... Quote Link to comment Share on other sites More sharing options...
davils9 Posted November 10, 2013 Share Posted November 10, 2013 Yes I will satisfied, when I will be a good trader and when I can be make more and more money from forex market. I want to be a good trader so I want to start my trade soon and it will be better for me. Quote Link to comment Share on other sites More sharing options...
davils9 Posted December 7, 2013 Share Posted December 7, 2013 Yes money management is better and important for us and we will be happy in life if we can make money properly. So forex business is most important for us and we will be success easily from here. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 16, 2014 Share Posted January 16, 2014 The real reason behind money management is that the trader adopts that which he thinks fits best for him. It doesn't necessarily lie on a fixed form of it. But then, o believe a lot in risking a small portion of your capital at a time, and also, ensuring the use of stop loss. Quote Link to comment Share on other sites More sharing options...
standart Posted January 22, 2014 Share Posted January 22, 2014 set risk tolerance or risk management base on strategy ability. if traders found the strategy generate low percentage of profit, they'll choose to trade conservatively in trading. while if traders found strategy have high profit percentage, become moderate and sometimes take aggressive approach wouldn't be harmful to them. Quote Link to comment Share on other sites More sharing options...
aaliya6688 Posted January 23, 2014 Share Posted January 23, 2014 using sytem with high rate is pretty good as there is chance of earning well in a shot Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 9, 2014 Share Posted February 9, 2014 money managements is required in any field like business and other field, with good money management we know how to with professional way to manage the money, if you have good money strategy you know for increase you money with right. Quote Link to comment Share on other sites More sharing options...
standart Posted February 9, 2014 Share Posted February 9, 2014 well, i have different calculation regarding with risk management. I am not use risk reward ratio but always tried to make capital able to cover 1000-2000 pips losses. I am not use 1% capital per trading but even lower than that. make capital accept many pips losses enabling me to keep trading though previously suffering some of losses. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 10, 2014 Share Posted February 10, 2014 in the start of trading we can have to use medium monney management because we can just stating our real trading acount and when we can get the best profit we have to use high monney managent so we can earn more monnay with the experience in forex field Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 Money management is the real thing the one best thing which i can fine and tell you is that you must always be sure that you apply good money management on your trade and that is really what I think is the best Quote Link to comment Share on other sites More sharing options...
Decub Posted February 23, 2014 Share Posted February 23, 2014 Also, an accurate use of the stops is something that is quite essential to any trader. Money management is more like a protection tool to any trader and is responsible for a traders cautious attitude to Forex. There are many means a trader can manage and protect his money and one of them is by using the defensive tools. Quote Link to comment Share on other sites More sharing options...
adil007 Posted February 23, 2014 Share Posted February 23, 2014 Well money management is really important for trader's while they are trading it depends in my view on the availability of more funds to a trader and he uses his funds to trade seeing his own situation talking about the thread answer I think the first strategy is more better than the second one. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted February 23, 2014 Share Posted February 23, 2014 agreed, money management is the way in which a trader can calculate profits and losses that still can be tolerated by the trader. Therefore, we recommend that you use the FBS trader calculator that can help us in calculating the amount of entry based on the spread, margin and leverage, swap Quote Link to comment Share on other sites More sharing options...
gaban Posted February 24, 2014 Share Posted February 24, 2014 money management is very important in forex trading. Because with good money management, trading then we will last longer in forex. We should be able to take into account properly, how the leverage to be taken, our capital, the lot will be taken, so that the capital we will not run out quickly and profit we can get. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 3, 2014 Share Posted March 3, 2014 Money management is good for every of the trader that wants to be making money in the forex trading. The trader should not be using high margin when they want to trade in other not to be having huge loss. If the trader wants to make big money in forex he or she should have big capital instead of trading with high margin because it will make them not to be able to control their capital. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted July 7, 2020 Share Posted July 7, 2020 As per my view, money management strategy is the number one strategy in Forex market cause if you can keep money on your trading account then the possibility of gaining is 99 percent but in this scenario make sure you keep your money on a safe broker like FreshForex or any instant deposit type broker. Quote Link to comment Share on other sites More sharing options...
gds221 Posted August 27, 2020 Share Posted August 27, 2020 In general, there are quite a lot of strategies for work, but the main thing is to be able to work with them and apply them in time. Quote Link to comment Share on other sites More sharing options...
maspluto Posted August 28, 2020 Share Posted August 28, 2020 Trading plans will indeed be needed by traders, this is needed and needed so that traders can be better and can be maximized in carrying out trades that are in line with expectations while on a real account with Tickmill. Quote Link to comment Share on other sites More sharing options...
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