Forex money management reflects your discipline and practical training as a trader. You do not just walk into the unknown without a hint on what is actually live trading. It means trading with a plan, not just for the sake of trading.
Forex market is all about trading and learning at the same time. Jul 26, · FX money management is the one thing that makes your account go up or down.
So why do so many videos ignore it? I know exactly why, and we talk about it in Video # 1 of my Forex Money nsumers must convert domestic currency to make overseas purchases, while businesses are concerned with trading international profits for domestic banknotes. Global commerce, however, does carry distinct risks of losses. Effective forex management minimizes these economic risks, while providing cash flow.