money management & risk management discussion

Money management & risk management discussion

Assalam alaikum dear members!

• dua ha k ap sb thk hn or apki trading bhht achi ho.
• Aj ki post 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 jay wo is trash k hamen chahye k apny capital k hisab 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 mahfooz rakhna ha to hamen chahye k apny account balance k hisab 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 kamiyab hota ha jo apny risk ko manage kar k trade karta ha.
• risk management or money management ap sa 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 lose kar jay 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.