Money Management 15:30
One of the forex education that needs to be known by beginners in the forex market is Money Management. Next we are just MM ...
As a beginner, I have felt how I want to succeed in this very promising business. But it turns out it's not as easy as you think. Understanding fundamental analysis already, learning to understand the indicator also already, the profit that multiplied at the beginning of the open position in the market has also been done, but all become zero again when psychological trading is not controlled because it does not have MM.
So, let's count here to make this a useful thing for all. Right now I am running an MM 15:30, meaning that I am modifying the strength of the margin level and the target daily profit that is enough for us to get every day.
Immediately, I give an example that with a minimum capital of colleagues - fellow traders will get maximum profit even more if they successfully conquer the following MM.
Balance / Capital = $ 50
Leverage = 1: 100
TP = 30 pips / day
Margin = 15%. Balance
Pair = Free
The first day the trading partner's trade might profit only around $ 2.25, very small right?
Likewise, on the second day, trading partners may profit only around $ 2.35 ... etc.
But please count yourself or observe that if a trader partner can conquer this MM in 100 trading days, then the initial capital of only $ 50 will be $ 3900.
Impressive isn't it? Well that's MM 15:30, 15% Margin 30 points per day.
MM 15:30 is more suitable for traders - beginner traders like me. I am sure that for seniors all of the $ 50 has multiplied the profit without waiting 100 days. Of course, if it's already 100 days a colleague can be proud to say that we have been successful in the forex market and are called independent real traders.
Please begin with fellow traders, including me, let's conquer MM 15:30 for go freedom financial.
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