Re: forex m seniors aor juniors dono ko apna apna knowledge zaroor share karna chye .
I’ll be honest and say that proper money management can get really
difficult with some extravagant formulas that only a mathematician can
comprehend and that is beyond the scope of this book. If you can get to
that level, you will be way ahead of the game. Position sizing and proper
risk to take versus capital are not straightforward equations. But even if
you can’t compete with PhDs hired by the top trading firms to come up
with risk formulas, just having something competent will be invaluable to
you when you trade.
I’ll be honest and say that proper money management can get really
difficult with some extravagant formulas that only a mathematician can
comprehend and that is beyond the scope of this book. If you can get to
that level, you will be way ahead of the game. Position sizing and proper
risk to take versus capital are not straightforward equations. But even if
you can’t compete with PhDs hired by the top trading firms to come up
with risk formulas, just having something competent will be invaluable to
you when you trade.
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