Nilde Lucchese Posted July 20, 2021 Share Posted July 20, 2021 Money management is important in forex trading. The amount of risk per trade is money management. Many traders try to catch and narrow down all the pips that may be on the trend, but believe no one can buy at the bottom and sell at the top consistently. Proper money management can be consistently profitable every month as trading with Eurotrader. I always follow a 1:2 risk-reward ratio. Link to comment Share on other sites More sharing options...
papia09 Posted July 24, 2021 Share Posted July 24, 2021 Money management is very very important in Forex trading. One example if you invest 500 dollar and place order for 500 dollar then if your trade goes against you then you will be vanish at a time but if you keep some money then you can use it when your price goes against you. Link to comment Share on other sites More sharing options...
David Max Posted July 25, 2021 Share Posted July 25, 2021 To become successful the easiest way in Forex market is to trade after completing the learning process and trade professionally. So, we need to ensue this two things must if want to become a successful Forex trader. From my reliable broker Tpglobalfx I have full trading support including educational to instant market execution systems. I learn from their free video tutorial classes. And their expert assistance help me to overcome my mistakes. Link to comment Share on other sites More sharing options...
maspluto Posted July 26, 2021 Share Posted July 26, 2021 achieving success in forex is not an easy matter, so it is important for traders to be more optimal in carrying out trading activities that are in line with expectations together with Tickmill. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted July 26, 2021 Share Posted July 26, 2021 Every trader choose that kind of broker which has low spreads. Spreads is a very important tool in forex trading. Sometimes high spreads put a trader into danger. he may face loss because of high spreads. I am currently trading with Forex4you. They give low spreads starts from 0.1 pips. It is very lower than most other brokers in the forex market. I love them because they don't change their rates. They always be helpful for me. I love them because of their low spreads and easy trading techniques. Link to comment Share on other sites More sharing options...
Resolve Posted July 26, 2021 Share Posted July 26, 2021 6 hours ago, maspluto said: achieving success in forex is not an easy matter, so it is important for traders to be more optimal in carrying out trading activities that are in line with expectations together with Tickmill. If we want to become a successful trader in this business then we will need to first of all use a Trading Plan and also learn how to follow that plan. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted November 9, 2023 Share Posted November 9, 2023 Low trading spread and moderate leverage amount are needed for better money management. I am currently trading with FXOpulence broker that allows traders with narrow trading spread and high leverage up to 1:500. Link to comment Share on other sites More sharing options...
uncle gober Posted November 10, 2023 Share Posted November 10, 2023 Money and risk management are indeed crucial aspects, and traders must prioritize them. Personally, I always implement stop loss and take profit strategies on Tickmill, ensuring that my trading activities are both comfortable and secure. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted March 24 Share Posted March 24 Proper money management includes adjustment of lot size with the capital and margin level. FXOpulence offers multiple types of trading accounts alongside offering lots of trading facilities including high leverage, narrow trading spread, flexible margin and high security of funding. I mostly trade in their resourceful crypto500 and indices1000 trading instrument. Link to comment Share on other sites More sharing options...
maspluto Posted March 25 Share Posted March 25 Proper fund management and risk assessment must be carefully considered. With good fund management and mature capabilities, my trading can proceed comfortably and safely at Tickmill. Link to comment Share on other sites More sharing options...
Fin_Trader Posted April 3 Share Posted April 3 Money management is a critical part of any trading strategy. After all, the signals from your strategy may be incorrect, even if such signals are in the absolute minority. Therefore, such trades should cause minimal damage to your deposit. Therefore, money management is important. Link to comment Share on other sites More sharing options...
uncle gober Posted April 4 Share Posted April 4 Forex trading does indeed carry very high risks, but it is also matched with the potential for substantial profits. Therefore, it's crucial to pay attention to and manage the risks properly. This is done so that we can engage in forex trading to the fullest extent and benefit with Tickmill broker. Link to comment Share on other sites More sharing options...
Fin_Trader Posted May 8 Share Posted May 8 To control risks, we must use small leverage. It is also important to correctly calculate the lot in transactions so that possible stop losses are not large and do not take away most of your deposit. In this case, later there will always be a chance to compensate for these small losses with profitable transactions. Link to comment Share on other sites More sharing options...
maspluto Posted May 13 Share Posted May 13 The risks in forex trading are indeed very high, but they are proportional to the potentially significant profits. That's why at Tickmill, I always implement stop loss and take profit strategies. This way, I can execute trades comfortably and safely. Link to comment Share on other sites More sharing options...
Fin_Trader Posted June 7 Share Posted June 7 Using stop losses in trading is one of the ways to control risks. Here you do not stretch out the loss, but fix it on time, saving the deposit for the next trades. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted June 8 Author Share Posted June 8 Don’t keep money management absent in your trading because it will keep you out of the track. Use fitting leverage according to your capital sizing. I have high trading leverage and lowering trading spread with LQDFX broker and it helps me maintain proper risk management in trading. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted June 10 Share Posted June 10 Money management in forex involves strategies to protect capital and optimize risk. This includes setting stop-loss orders, calculating position size based on risk tolerance, diversifying trades, and limiting exposure to any single trade or currency pair. Link to comment Share on other sites More sharing options...
uncle gober Posted June 11 Share Posted June 11 Funds management and risk must be carefully considered. With mature management and capabilities, trading can be more directed. This is also something I often apply at Tickmill broker. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted October 28 Author Share Posted October 28 Money management in Forex is crucial for long-term success. It involves setting appropriate position sizes, using stop-loss orders, and diversifying trades to minimize risk. Effective money management helps protect capital, ensures sustainable trading, and allows traders to withstand losses while maximizing potential gains over time. Link to comment Share on other sites More sharing options...
maspluto Posted October 28 Share Posted October 28 All traders must have known that forex trading is not easy and instant. Therefore, I continue to learn everything and take advantage of all the conveniences provided by the broker. So that later I can manage risk and trade well with the Tickmill broker. Link to comment Share on other sites More sharing options...
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