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Forex and Money Management

Money management is the most important but most ignored thing in forex trading. Most traders do not follow any money management rule. That's why success rate in trading is very low.
 
Forex and money management are interrelated. It is never possible to trade according to discipline without money management. From a beginner to a professional trader it is very important to maintain money management.
 
Yes. Money management is very important. Without proper money management, it is quite tough to make a profit from this risky market.
Of course, you can never think of successful trading without money management. If money management cannot maintain it properly, it is very difficult to sustain the investment.
 
Trading plan and risk management strategy are crucial to be successful in the trading market.
Actually risk percentage depends on many factors. How much you can tolerate is a factor. It also associated with your winning ratio. A trading strategy is a combination of all factors according to your skills, capital, risk tolerance power. You have to make a system so that you can survive in the market and make profit.
 
Traders who don’t follow money management policy can’t carry profit on average and so traders have to rely on money management at any cost.
 
Besides Ripple, Bitcoin and Etheruem are also trending cryptocurrencies. Most of the traders invest in Bitcoin as it is the leading crypto.
 
Don’t nurture big profit expectation because you will get hurt once you fail to conquer your target. Rather than doing so, if a trader trade moderately, you can make profit on average.
 
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