Manageing the money

[Darragh Bell]

Self understanding is the best understanding. The quicker we understand, the better it is. Trading requires specific knowledge, skills, psychology and discipline. May be you are best for something else. No matter what people say the truth is very few people can make it. That's why trading is one of the most difficult jobs in the world.

 

[Eduardo Lucchese]

Learn the basic trading first. Then use demo account for practice. Don’t invest until fully mastering trading.

 

[Gito Dinev]

Learn the basic trading first. Then use demo account for practice. Don’t invest until fully mastering trading.

Right. Always start trading with demo account. Learn and practice proper way of trading.

 

[Mark Dahl]

Self understanding is the best understanding. The quicker we understand, the better it is. Trading requires specific knowledge, skills, psychology and discipline. May be you are best for something else. No matter what people say the truth is very few people can make it. That's why trading is one of the most difficult jobs in the world.

True. Practice in demo account and learn trading in your own way.

 

[Alicia Lynch]

I could not make a profit by trading for 3 years only because I did not follow money management. Money management is an important part of trading without which a trader can never be successful.

 

[Oscar Shumack]

Successful trading requires good strategy with money management, risk management, trade management, trading plan etc. If a trader maintains this important matter, he will one day become a successful trader.

 

[Gito Dinev]

Traders should analyze the market on demo account and should judge them how accurately they can do the work.

 

[LouBega88]

The techniques of managing the money is known as money management. The practice of money management is nowadays quite apart from us that kept us apart from trading profit.

 

[Bahiya Shinam]

If we want to be disciplined in trading, we must follow money management tactics because it helps us to gain profit on average.