money management and risk management:

Money management and risk management:

Assalam alaikum dear members! dua ha k ap sb thk hn or apki trading bhht achi ho. Aj kinpost main hum forex trading k 2 main concepts jo k forex main success k lye lazmi hain unko study karen gy. What is Money management? Dear members money management ka matlb ha apny capital ko manage karna. ab capital ko kesy manage kia jy wo istraha k hamen chahye k apny capital k hsab se hi hm trade karen jesa k lot size ha apny capital k hsab se lot size use karen q k agr hum capita se zada lot size use karen gy to agr hamen loss hoa to shyd hmara ccount usy bear na kr paye or blow honjy. es lye agr hamen apny account ko mehfooz rakhna ha to hamen chahye k apny acvount balance k hsab se hi lot size use karen or stop loss lazmi use karen. Jesa k main nechy aik chart ki shakal main account balance k mutabiq lot size suggest kar raha hn agr ap esy follow karen or stop loss use karen to ap fail ni hn gy. jo log money management ko follow ni krty or lalach main aa k bary lot size se trade karty hain to jb unki trades loss main jati hain to un k account loss brdsht ni kar paty or blow ho jaty hain. Es lye mone management ko follow karna lazmi ha. what is Risk management? Dear members forex main trade karty hovy reward k sth sth risk to hota ha or wohi trader kamyab hota ha jo apny risk ko manage kar k trade karta ha. risk management or money management apsa main related hain. aik to phly apko decide karna ha k ap ny kitna lot size use karna ha or us k bad apko decide karna ha k ap apny account ka kitny percent risk karna chahty hain. mostly traders apny account ka 5% hi risk karty hain. apko chahye k itna risk len k agr ap wo trade kose kar jae to us k bad ap k account main balance ho taa k ap cover kr len loss ko. or apni risk reward ratio bhi achi rakhen taa k apki winning position agr aik ho or losing 2 hn to winning main itna reward ho k wo apki 2 lose trades ko cover kr ly tbhi ap kamyab ho skty hain.