The Best Risk & Money Management

Not a few traders who have difficulty implementing risk management and financial management. In fact, traders need to implement risk management so that trading activities run successfully. It is this risk and financial management that can secure all traders' accounts.

Risk management is one of the most important pillars of trading. A trader should think about this before starting forex trading. This is not a matter of how much profit a trader can achieve, but what is more important is how long a trader can survive in the highly competitive forex market.

Often see examples of cases where a trader who has a good trading strategy, but the transactions he does instead of making a profit, but in the end it ends up losing. This can only happen if a trader has poor money management.

Money management trading is the management of funds or capital in a trading account. To be able to make profitable trades, traders must have a healthy margin account. Before making trading transactions, it is highly recommended to calculate in advance how much volume or lots the trader will use for transactions. It is recommended that traders use lots of no more than 10% of the capital. This will make traders healthier and safer to trade.

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