Money management is the process of analyzing trades for risk and potential profits, determining how much risk, if any, is acceptable and managing a trade position (if taken) to control risk and maximize profitability. Many forex traders pay lip service to money management while spending the bulk of their time and energy trying to find the perfect (read: imaginary) forex trading system or entry method. But traders ignore money management at their own peril.
Sunday, February 7, 2010
- FOREX EBOOKS (10)
- FOREX INDICATOR (3)
- FOREX TRADING (5)
- INTRODUCTION TO FOREX (3)
- MAKE MONEY FROM FOREX (5)
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