well money management is important for trading forex because many of traders tell me that well money management is so important for trading .... do you agree with me ?????
oney management is very important to trade successfully in Forex. If you have good money management and a strategy then it will be very easy for you to make good profit in Forex.
Money management is the highest level of important thing needed for successful trading. A trader with world's best strategy cannot make money if he is not good in money management.
We should know that if our trading is done with proper money management skills then we will be able to control our losses and also make sure that our money is safe
In short : no MM, no trading. It is as simple as that
If a trader will know what kind of trading strategy is going to give a trader best results he can continue using that for his trades. But at all the times we need to learn how to manage our trades well.
My opinion is: first needs to develop/find/ learn working strategy. Then the MM should be as fine tune and will help to improve the result.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.