Applying money management is indeed a must, because otherwise our capital will be able to run out easily
Many formulas that we can use to manage our capital, and of course use what we think is most comfortable to use
In practice, financial management formulas are very important because when we can use formulas or make financial formulas we will know our risks.
When you use formula management you can continue to practice it on a demo account so it's easy to get the right situation
The use of financial management formulas can be produced by yourself or can be learned on your own without having to help others, the important thing is that you know what percentage of risk you are using
The point is the risk limit we receive, for example 1% of our capital on each transaction
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