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FxSCALPING

by viktor0

Accurate Indicator

by imetimex


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Do you think money management is important?

Topic: Do you think money management is important?

Money management is the most important part for new trader in forex market. Without proper money management you can not reach your goal. So it is the most important to get sufficient profit. If you want to be a good trader we must have a good money management because a big loss can wash his account at anytime.

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Re: Do you think money management is important?

Most important is to have a strategy with positive expectancy  Win%*Winners>Loss%*Losers, if that is in place then money management can help improve the system, money management can help to control drawdowns, a DD of 50% requires a 100% gain to recover

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Re: Do you think money management is important?

of course it is important .. with out it.. your account will be gone in minutes!
so i think its a must to have money mangment

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