Introduction to money management in forex:
Assalam-O-alykum dear forum members!
umeed karta hun aap sb khair khairiat se hn gy or apki trading bahut achi jaa rahi ho ge.
dear members trading ho ya koe bhi kaam agar isko seekh kr kia jy to kamyabi milti ha.
forex trading main kaam karny k liay jitna market ko analyse karna zarori hy utna hi money management bhi zarori hy.
How Forex skills that are important for money management ?
1. Money management k liay forex ko samjhna boht zarori hy. Forex trading main wohi log kamyab hoty hain jo apni money manage kar kr trade lety hain. Jitna apki management achi hogi utni hi apki trade successful hogi. money management k sath kam start karna boht zarori hy. Forex trading main money management ko samjhny k liay hamen money mangemnt k rules ko follow karna perta hy.
Forex money management rules
Money management k kuch asool yahan ham discuss karengy jin ko follow kar k aik achi trade li ja sakti hy .
1. Not to chase the market
2. Cut the losses short and let the profits run
3. Be cautious when trading on leverage
4. Control on Fear and greed
Control on Emotions
1. Forex Trading main market ko kabhi chase ni karna chaey .always trade with direction of market. Hamesha apna profit aur loss decide kar hi trade leni chaye .how I can epitite the loss.
2. Hamesha apny loss ko cut kar k trade close karni cahey. Na kh kal ka wait karna chaey kh market kal achi ho jaegi. Aur profit bhi decide karna chaey pehly sy