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Account Diversification Technique (Money Management) in Forex Education_67f83ac065b44

Account Diversification Technique (Money Management)

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Vernalta

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This account management technique is usually used for people who want to trade with several accounts. But in my opinion there are positives and negatives. The positive is that you can focus on these accounts so that they suit your goals. The negative side is that you will become confused and it will be complicated to manage.  multiple accounts
#601 - November 30, 2023, 01:11:59 AM

Dyandra

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The use of account management really has to be used well. In my opinion, just use one or two accounts, you don't need to manage too many accounts because later when you have too many accounts it will make you confused about using accounts for long-term purposes.
#602 - December 01, 2023, 01:42:12 AM

Vernalta

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In my opinion, you don't need to divide accounts like that, especially when you are still a beginner and your goal is just to meet your needs, it's better to focus on one account, it's better to focus on your target every month, that's all simple because when you get more complicated, I'm afraid later  you can't concentrate.
#603 - December 02, 2023, 01:37:55 AM

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#604 - Today at 08:48:10 AM

Dyandra

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We have to be able to use account management well if we have more than one account, but when we decide to use just one account and focus on that, I think that's better because after all, using multiple accounts of several types, in my opinion, is less effective.
#604 - December 03, 2023, 01:52:53 AM

Vernalta

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In my opinion, you don't need to use too many accounts because when you use many accounts it will be difficult for you. You will be confused when you trade. You just need to use one account for long term use. Just think of this as your passive need.
#605 - December 04, 2023, 02:19:22 AM

Dyandra

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In my opinion, managing account management is actually not that difficult because when you manage management well, you can use the account to be managed separately. But in my opinion, when you use lots of accounts, I'm not sure you can get consistent profits and then you'll end up confused.  because you have too many accounts to manage
#606 - December 05, 2023, 12:52:16 AM

Vernalta

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Using account management is one way that you can manage your own trading account.  If you use more than one, but in my opinion you don't need to use too many trading accounts because later we will get confused and we won't be effective
#607 - December 06, 2023, 12:44:07 AM

Dyandra

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I never do this because I think it would be a waste of time. I should just focus on one account and run it as usual.  So I don't like it to be too complicated. It's too complicated to do forex trading.
#608 - December 07, 2023, 01:33:26 AM

Vernalta

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using account management. In my opinion, you don't need too many because managing too many accounts will also be difficult for you. You should use one or two accounts that you really prioritize for the long term and medium term, which is important.
#609 - December 08, 2023, 12:51:01 AM

Dyandra

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Using that account, you should be able to manage it well when you manage more than one account. In my opinion, using multiple accounts is not a problem because you have your own way of developing that capital and use strict management.
#610 - December 09, 2023, 02:12:26 AM

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#611 - Today at 08:48:10 AM

Vernalta

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If you want to manage many accounts, I suggest that you must be able to use them using proper management. What this means here is that when you use many accounts, you must be able to focus on using those accounts according to your needs, if for example you have three accounts for the short term or medium term.  In the long term, you have to be able to use it well so that you don't get confused using multiple accounts and you all lose
#611 - December 10, 2023, 02:51:36 AM

Dyandra

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In this case, it is better if you use several accounts, it must be clear. When you use several accounts in an unclear way, it will actually make you confused, so when you use an account, you should use the right account for your abilities, be careful.
#612 - December 11, 2023, 01:51:55 AM

Vernalta

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In my opinion, this technique is a good thing, but not everyone can do it. In my opinion, when you want to have or manage many accounts, you have to have good management. You have to have the ability to do that.
#613 - December 12, 2023, 12:47:55 AM

Dyandra

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Using account management techniques. In my opinion, this can happen if you use a maximum of three accounts, it's not a problem, account management is difficult and too many are also difficult. But if you use a maximum of three accounts, it's not a problem as long as the goals are different, one is for investment, one is for trading.  one might trade scalping no problem.
#614 - December 13, 2023, 01:09:29 AM

Vernalta

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In my opinion, the use of account management here is that if you use more than two accounts, you have to know more about it because in my opinion running many accounts is difficult and of course your focus must be big.
#615 - December 14, 2023, 12:52:13 AM
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