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Practical Formula for Money Management

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for a beginner, it is highly recommended to learn money management and have a good and tested formula to be applied in real trading someday.
#46 - August 20, 2020, 06:04:11 AM

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Good money management is if we form it well because it is the most important risk management that every trader must implement.
#47 - August 20, 2020, 11:48:11 AM

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I need something about money management but I find it difficult to apply it to my trading
#48 - August 20, 2020, 12:00:20 PM

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Lot = ((Balance x Risk) / OP) / SL RISK uses 1% (can use between 0.1% to 2%)

from this formula we can conclude that the trading system is very safe, it will be difficult for MC but the profit is also small.
Because the risk and reward are very balanced, if you want a big profit, automatically the risk is also big.
#49 - August 23, 2020, 04:39:33 PM

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money management does have a special formula and every trader has a different MM formula because it must be adjusted to the character and trading style of each.
#50 - August 26, 2020, 05:54:34 PM

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We have to compile a good and precise MM formula well, to compile it ourselves we cannot be arbitrary because we have to know what our capacity is and how many targets we will achieve.
#51 - August 27, 2020, 10:42:28 AM

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money management is the most mandatory strategy in trading and to get a good formula we have to practice and practice so that we can apply MM appropriately.
#52 - September 10, 2020, 01:19:26 AM

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money management is indeed a good formula and must be owned by traders because this formula can minimize the risks that may arise in forex.
#53 - September 10, 2020, 11:21:39 AM

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Money management formula is the same as a strategy to minimize risk and it is a mandatory strategy that a trader must have if he wants trading to feel safe and comfortable.
#54 - September 15, 2020, 05:25:51 PM

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money management is very important and suitable if we use it in our strategy it will complement the strategy we have.
#55 - September 17, 2020, 01:06:45 AM

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if a trader has a good money management formula that can be practiced with all sincerity and discipline in applying it for optimal results.
#56 - September 17, 2020, 01:16:11 AM

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if a trader has a good money management formula that can be practiced with all sincerity and discipline in applying it for optimal results.
The use of money management formulas must be carried out with discipline if you want to run smoothly, with management formulas also avoiding excessive risk.
#57 - September 22, 2020, 02:21:57 AM

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money management is a pretty good strategy, in my opinion a good MM strategy will produce a good trading formula and is safe from the risk of loss.
#58 - September 22, 2020, 05:31:11 PM

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Formula for money management is very diverse, traders determine the money to be used.
Taking into account the resilience of capital, limits the risk and profit that will be taken.
#59 - September 23, 2020, 01:15:51 AM

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money management is a good and important formula because it will be very difficult if traders do not have good and accurate risk management.
#60 - September 23, 2020, 02:20:52 PM

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