Forum
This Board
This Topic
Search
Advanced
Toggle navigation
Home
Contests
Contests
Daily Contest
Weekly FZT Contest
Holiday Contest
Brokers/Exchanges
Brokers/Exchanges
BingX
Bitrue
EagleFX
eToro
FxGlory
HankoTrade
Kinesis Money
LMFX
Nash Markets
xChief
XeggeX
XM
XT
Bonuses
Bonuses
Forum Points
Free Trading Money
FxGlory Bonus
FZT Posting Bonus
Kinesis Money
LMFX Bonus
Trading Rebates
VIP Membership
Register
Login
1 Hour
1 Day
1 Week
1 Month
Forever
Password reminder
Forex Zone - Forex Forum
General Category
Forex Education
Account Diversification Technique (Money Management)
Search
Account Diversification Technique (Money Management)
Discussion started on Forex Education
« previous
next »
Print
Pages:
1
...
41
42
[
43
]
44
45
...
68
Go Down
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
You must be able to use account management properly. The use of account management has the right impact so that you can develop your money appropriately. The important thing is not to use too many open positions and not to use too many trading accounts.
#631
- December 30, 2023, 01:18:45 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
In my opinion, don't use lots of accounts first, when you are developing, it's better to use one account first, see how it performs, if there are too many accounts, then later you will have difficulty focusing on one account.
#632
- December 31, 2023, 12:49:45 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
Account management In my opinion, you should be able to get it well. If you have more than one account because when you have more than one account you automatically have to be able to manage your money well, therefore I don't recommend using multiple accounts because you will get confused later.
#633
- January 01, 2024, 01:54:36 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
You don't need to use that technique. In my opinion, the most important thing here is to use just one account. Using one account, but you can consistently develop it to the point that using many accounts, won't make you consistent or focused.
#634
- January 02, 2024, 01:32:44 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
Using too many management accounts is also not allowed because in my opinion you have to be able to use account management, you must be able to use it with just one account so you can focus here.
#635
- January 03, 2024, 12:51:52 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
In my opinion, you don't need to use a trading account too much, you don't need to create too many trading accounts, just focus on the medium and long term, you trade regularly so that you are consistent
#636
- January 04, 2024, 01:01:44 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
You must be able to utilize these management settings appropriately when you trade forex. You should focus on one account to develop because in my opinion that is more important so that your business grows and your money will also increase.
#637
- January 05, 2024, 12:40:52 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
I prefer to use one account. In my opinion, when you use one account it is enough for you to be successful and is enough for you to trade safely and realistically.
#638
- January 06, 2024, 12:47:04 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
why do you use lots of different accounts in my opinion, if you like to use a short term then you can use the short term in your account if you like long term you can use your account for the long term, just one account is enough so you can focus there
#639
- January 07, 2024, 12:39:25 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
I hope you don't do that. At most, you can only use two accounts. When you use these accounts, you can manage them well. If you have more than 5 accounts, in my opinion, you are greedy and you won't be able to focus, so you will confuse yourself.
#640
- January 08, 2024, 03:17:50 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
In my opinion, account management means using just one account, but you manage your own money, not using multiple accounts. Then you will be confused. You can just use one account and manage it so that you can be successful.
#641
- January 09, 2024, 01:51:50 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
In my opinion, managing too many accounts is not a good thing. In this case, when you trade forex, you should focus on using one account to develop it properly because managing many accounts makes it difficult for you to develop your potential consistently.
#642
- January 11, 2024, 01:54:47 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
When you use account management, usually more than one is not a problem as long as you can organize your own account management well then everything will be safe. Of course, don't use more than 3 accounts.
#643
- January 12, 2024, 01:34:25 AM
Re: Account Diversification Technique (Money Management)
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
managing diversified accounts. In my opinion, this is something that can happen if you really have the power to manage it, but when you are confused, you should just use one account that you manage and develop well. In my opinion, that is more sufficient.
#644
- January 13, 2024, 01:38:36 AM
Re: Account Diversification Technique (Money Management)
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
You don't need to use too many accounts, the important thing is that you use one account, but you can develop it well. Too many accounts make us confused and make us unable to focus and unable to get consistent results.
#645
- January 14, 2024, 01:11:20 AM
Print
Pages:
1
...
41
42
[
43
]
44
45
...
68
Go Up
« previous
next »
Forex Zone - Forex Forum
General Category
Forex Education
Account Diversification Technique (Money Management)
Members:
0 Members and 4 Guests are viewing this topic.