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Money Management Is Key


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#1 SeniorChief

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Posted 18 October 2010 - 05:49 PM

The first thing you have to learn to be a successful trader is to manage
the account properly ....do not over leverage, considering Profit-Loss & Take Profit..(don't get too greedy)
Just ring the bell thrice and you can go to a nice place, have a good bath, good food, beer, and some sleep :)

#2 Chris007

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Posted 15 November 2010 - 10:29 PM

QUOTE(SeniorChief @ Oct 18 2010, 05:49 PM) View Post
The first thing you have to learn to be a successful trader is to manage
the account properly ....do not over leverage, considering Profit-Loss & Take Profit..(don't get too greedy)


I agree. Also something to consider is not to set your stops too tight. I've learned that the hard why by getting stopped out prematurely on a couple trades that would have been runners and made lots of pips had I loosened up the stops a bit down.gif


#3 Hosanna

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Posted 10 February 2011 - 10:42 PM

Money Management magazine is a monthly personal finance magazine and is published by the Financial Times Group. It was originally launched in 1962 as the Unitholder and later became a part of the FT Business stable. In 2005 FT Business was integrated into Financial Times Ltd.

Money Management is written predominantly for financial professionals such as financial advisers and mortgage brokers and is available to buy through subscription. It is also sold in newsagents. The current cover price is £7.25.


#4 Estella_William

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Posted 29 April 2011 - 07:38 PM

Forex Money management is the key to success in your online fx trading system.For successful trading traders must have know the proper money management, vast knowledge of trading, enthusiasm, punctual, hard working and must have a capability to understand the market psychology these are the qualities which really help to make money in trading.


#5 michale12

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Posted 15 July 2011 - 04:52 AM

Business is all about money flow and that too in such a way that you can invest and still keep some for yourself. Money management is very important for any business. Money management keep track of the investment made and profit gained. a good money management plan is key to success for any business.


Thanks,



car shipping



Edited by michale12, 15 July 2011 - 04:54 AM.





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