Money Management in Forex

In my opinion we should cut our loses earlier using stop loss because we never knew when a small mistake can lead to higher damages.

 

i set up a money management and right now i am using this in demo to see the performance how it works.

 

can you please tell more about your money management ?

 

any kind of money management can be useless , because market is so unpredictable and no one can predict the real faction of this market with certainly.

 

Just use a stop loss to exit the markets earlier before it becomes too late and do not risk too much money which you cannot afford to lose in my opinion.

 

risk is everywhere in Forex trading , so we traders should develop our money management , otherwise any kind of trading approach can be useless.

 

any kind of risk management can be useless if there is no perfect practice session.

 

money management is very important in trading life as well real life. so we should focus on there first of all.

 

money management is really important , no way to deny but any kind of approach can be useless if there is no regular level of practice.

 

there is any similarity about money management with risk management? what you think