What is money management?

I have often read every where that in forex there should be money management. But if anyone of you can tell me what is exactly money management? It's a very confusing term for me :( n how do u manage ur account? Plz answer my these questions

Money management aur risk management donon iham hain. Money management main aap ney yeh dekhna hy keh aap key pas kitna balane aur aap ney kitnay volum ki trades lagani hain aur kitna profit earn karna hy aur kitna loss bardasht karna hy. Trading start krnay sey pehla aik target set kar lain aur phir us key mutabiq trading karain.

Money an agent may an
Trade strategy
Lot size
Leverage
Time frame
Max trade
Target profit
Losses position.
We can do coded the best with the help of tje money management.

thank you for ur kind reply my friends. i really appreciate this. and i hope some one who can explain it more well? how can i prevent my account from getting washed after my negative loss trades..???? :(

yah wo hay kay agar aap ko account ko sambalna hay tu aap ko yah zaroor aani chahiyah kyun kay es kay bagar aap ko loss hojata hay or pta bi nahi chalta.

Yes brother ap na thak ha hum ko apna account ko manage krna ana chaya apni size k mutaqb lot lagnai chaya real mein trading sy best koi nahe ha market hum ko chaya k phlay learning kro trading ko phr earning kro real mein trading sy koi b best market nahe ho skti.

dear friend forex ki sab sa aham chez money management hai jo banda money management ka sath chalta hai wo hamaisha kamyab hoga kyun ka ap ka money management sa ap ka account kabhi wash nai hoasaka ga is liya hamin money management ka istamal zaroor krna chaie

Forex money management have several different aspects and stages and should be started from the very first stages of your live forex trading. The simple money management is that never risk more than 2% of your money.

Money management myn hum ye dekhte hyn k hamare pass kitna capital ha or hum kis pair pr trade krna chahte hyn or hum ne leverage kitni rakhi ha kia us k hawale se hamare account myn balance ha. or hum kitni lot size ki trade krna chah rahe hyn ye sub cheezyn money management myn ati hyn. is lye hum ko is se ignore ni krna chaye.

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Bro money management ka matlab hai ky aik apna proper program bnata apni invest ky hisab sy ky agar ap ki invest 100$ hai to ap ka money management is tara ka hona chiye ky agar ap per trade apnay account ka %2 risk letay ho to daily to ap ka account kaha tak saffe rahay ga ye sub market ky daily move ki nisbat hota hai kay market kitna pip harket karay gi ye pichlay kuchsaloo ka hisab hota hai jo lagaya gya hai ky market haftay ky kis din kitna move karti hai bus us ko dekh kar bnana parta hai or trade set karni parti hain ky aik din kitni trade karni hai agar ap ka daily ka %2 ka risk hai or ap 2 trade lose karwa detay ho to ap apny asool par amal nahi kar rahay ap ny %4 lose kiya hai.

money management ye hai k capital k hisaab se lot size ko choose kia jaae yaani lot itni bari naa ho k agar trade opposite side chalne lage to aap ka account wash ho jaae

ji bilkul dear forex trading money management aik zarori cheaze hai jis ke bagair ap kam karna chahe bi to to ap kam nahi kar sakte forex par kam karne ke liye ap ko money management ka plan bana parta hai .........

forex par un logo k ley nakami ha jo bagr parctice ky rell acount par kam karty ha aur paaer zahda ke lallch my apna nuqsan kar daty ha. foerx my gareedy log he apna nuqsan katy ha

gee han pakistan forex all students kay leay bohat achi frame hay is may student kay leaay bohat faaida hay ager yeh student s part time is forex frame may job kertay hai tou is say wo apnay leay pocket money or apni study kay leay fee bhi nekal saktay hai earning kay zarea