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Many Traders Know Money Management, Why Money Management Disappear When Trading

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I'm here contemplating about MM (money management) most traders all know what MM is but often MM doesn't seem to exist, as if MM is a fairy tale even though MM is very important that traders must have.
Basically a trader must be able to adjust all existing conditions, must be able to use time well, and must be able to use money sparingly and not excessively in using lots because the lot used when it is not in accordance with the existing funds will definitely be fatal with the risk of loss. big and the worst is Margin Call,
of the many traders who experience failure are traders who do not carry out money management properly, often the mediocre capital is even made open positions with full lots, indeed full lots are profit generators that can be obtained in a short time.
but the risk is instead of using full lots, you have to be willing to lose money because the biggest risk is experiencing a Margin Call, then how do I change my mindset so that I no longer use full lots, because I myself am still having a hard time not using full lots even though I know that full lots will often have Margin Calls ,
small capital should use MM well so that it can grow into a lot, but why is it so difficult to apply when in market, and want to open if not full lot, not satisfied, even though if Margin Call you smile,
Friends, do you have any special tips to be able to change so that we as traders can always use funds wisely and use analysis according to the rules by not using full lots, before that I say thank you to friends who want to discuss by discussing MM so they can change their mindset we become traders who know MM and want to use MM wisely.

#1 - September 13, 2022, 01:59:12 AM

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This happens often because of greed, revenge and fear of loss itself
#2 - September 14, 2022, 11:07:10 AM

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Sometimes when someone is trading he gets out of the trading plan and forgets about money management
#3 - October 26, 2022, 10:02:51 AM

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many traders fail because they do not apply money management
#4 - November 15, 2022, 07:58:34 AM

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This is because their emotions are controlling them
#5 - November 17, 2022, 04:41:38 AM

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actually this is because we can not be disciplined and obedient. And it doesn't only happen to money management, but other trading components, for example, trading rules and trading plans
#6 - December 06, 2022, 01:16:44 PM

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While many traders understand the importance of money management, it can be challenging to stick to a disciplined approach during live trading. Emotions such as fear and greed can cloud judgement and cause traders to deviate from their plan. Additionally, overconfidence can lead to overtrading or taking on too much risk, which can quickly erode account balances. It's essential for traders to have a solid trading plan that includes risk management strategies, such as setting stop-loss orders and adhering to proper position sizing. Maintaining discipline, staying focused, and avoiding emotional trading decisions can help traders remain consistent with their money management approach and achieve long-term success in forex trading.
#7 - March 02, 2023, 12:28:19 PM


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