Yes. I agree with you that money management is a basic skill that a trader must have because it is also a risk
management for us to maximize our profits and prevent large loses.
Haven't tried forex tarding but a well thought-out-plan plan works for every kind of trading. For this you need to
record and organize all the data that you have so you will have something to base your plan.
Topic: For the benefit of trader - page 2. (Read 3187 times)
i think money management is a must that every trader should do because without we learn about money management, we can not make a profit and we only confusing about the trading itself. money management means a lot and this is not just about how much we want to buy the coins, how we want to sell the coins, its more than that so we should at least know how to do money management.
Yes its always how you control your money the more you know where to place certain amount of you investment the more you can control profits and loses this is very important tradings is a number games so the more we know how to balance the better we manage everything. 
This guy called the latest price with 100% accuracy.I now follow him for the best trading ideas and its free or can donate by the looks of it.
https://coins.newbium.com/post/5779-bitcoins-latest-move
This was enough for make me feeling stressed, dude. I may think if the december 2014 was coming in. But it seems like the bitcoin was raising with a lot of the stability and can keep his price with stronger. https://coins.newbium.com/post/5779-bitcoins-latest-move
There is a surprise in early 2017, and I believe it. Bitcoin will be repeating the previous history soon.
That guy can be a professional trader. I watch it , dude.
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Firstly I Always Suggest that if anyone want to succeed in trading then he/she Needs to Know about the Risks and Profit Factors involved in trading to Stop Loss and Turn their Trading into Profit. I Always Use to Know about a Particular Coin Before Start Doing Trading of that Coin Because It will Help me to know the market cap and Supply Demand Of the Coin.
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Firstly I Always Suggest that if anyone want to succeed in trading then he/she Needs to Know about the Risks and Profit Factors involved in trading to Stop Loss and Turn their Trading into Profit. I Always Use to Know about a Particular Coin Before Start Doing Trading of that Coin Because It will Help me to know the market cap and Supply Demand Of the Coin. 
i think money management is a must that every trader should do because without we learn about money management, we can not make a profit and we only confusing about the trading itself. money management means a lot and this is not just about how much we want to buy the coins, how we want to sell the coins, its more than that so we should at least know how to do money management.
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
That's absolutely correct and I'd like to chip this in, money management doesn’t just involve risking an appropriate amount on everytrade. It also involves managing a winning trade from start to finish. This is an important part of any good trading methodology th at is often overlooked by beginning and expert traders alike.
I am also suggesting him to share his experience and knowledge so that many people will get benefits from that for their bitcoin trading.
Do not expect any traders to come and share their experience on trading. Because a trader usually do not have enough leasiure time for spending to teach us. When they are having some very good business to earn big, how we can expect them to teach us by wasting their valuable business time. 
Money management plays a big role in forex trading. In our surrounding too there are stores that supports forex. What they do is just give suggestions on market movement as well handles our forex account if needed for small charges and help yield a good profit.
But the suggestions from other people will not be as effective as what we are making by ourselves. For my trading in initial days I made subscription from some third party but I was not successful with their tips due to many reasons like delayed calls and some calls end up in hitting stop-losses. Learning technical analysis must be a first step in trading, if we do that then there is no need of any third party tips.
Wow, thanks that someone started this thread, I have always wanted to trade forex , commodities but I had no proper way or knowledge to do it, am impressed, I am now learning.
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
my best strategy in forex trading is stay away from it because it is a lot harder than trading altcoins and bitcoin and as someone who still is a beginner and also as someone who has tried both trading forex, stocks and cryptocurencies I have to say trading the first two is the hardest and the profits are so small (percentage wise) and if you want more money you have to invest a lot in them but with bitcoin and altcoins it is easier and also much more profitable (percentage wise) to trade.
Money management plays a big role in forex trading. In our surrounding too there are stores that supports forex. What they do is just give suggestions on market movement as well handles our forex account if needed for small charges and help yield a good profit.
my strategy only use timeframe 4
and iam only buy in support price and selling in resistance price
and still not breakout iam use averaging system or martiangle
you can share you stategy and use indicator
and iam only buy in support price and selling in resistance price
and still not breakout iam use averaging system or martiangle
you can share you stategy and use indicator
I like to hear more on your tactics on how securely trading. Please keep on sharing more.
Yes it would be great to have the experience of other traders. Usually traders do not have time to share their experience, strategies and knowledge about the successful trading. Luciky OP comes here with eight years of experience in forex trading.I am also suggesting him to share his experience and knowledge so that many people will get benefits from that for their bitcoin trading.
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Obviously money management is a one of the must thing to do and it's a common way to execute when you are in any kinds of money investment well of course especially if a person is doing forex trading or any kinds of assets trades. It's not a strategy but rather main thing to place on the table. And besides when you are in a trading activity, you are eyeing for a profits so it means you are treating the trades seriously and not as a gambling or in an entertainment view.
Everyone have different so called strategies. More importantly, a strategy of theirs must maintained their winning streak or should I say should give them more profits than a loss one.
In your 8 years experience I will assume you really built a great experience and I know others want to see your other strategies too.
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Obviously money management is a one of the must thing to do and it's a common way to execute when you are in any kinds of money investment well of course especially if a person is doing forex trading or any kinds of assets trades. It's not a strategy but rather main thing to place on the table. And besides when you are in a trading activity, you are eyeing for a profits so it means you are treating the trades seriously and not as a gambling or in an entertainment view.
Everyone have different so called strategies. More importantly, a strategy of theirs must maintained their winning streak or should I say should give them more profits than a loss one.
In your 8 years experience I will assume you really built a great experience and I know others want to see your other strategies too.
8 years of doing forex trading is a long time, and I am sure you must have a lot of experience. I'm sure you have already strageti good and definitely have get a lot of profit. Everyone has a strategy in forex trading are different. My strategy in forex trading is that I have to run my trading plan, other than that I have money management. I also always set a limit risk because on forex risk is certainly there.
guess I will ask the questions none has asked for some reason:
what made you quit Forex trading and start crypto trading?
or are you doing both at the moment?
when you have tested crypto trading enough would you mind to compare two?
what is the primary purpose of your thread:selfeducation,education of others,selfmotivation,exposure etc?
it is interesting to read about someone's experience in this field,especially if it is 8 years of experience,please carry on
bitcoin or other coin trading are the same and bitcoin exchange is the same as forex trading. I believe bitcoin and usd is the same the only different is the exchange value and regulations. In trading both bitcoin and usd is the same because you make money either the currency is going up or is going down and you only succeed in both assets on your skills and expert. what made you quit Forex trading and start crypto trading?
or are you doing both at the moment?
when you have tested crypto trading enough would you mind to compare two?
what is the primary purpose of your thread:selfeducation,education of others,selfmotivation,exposure etc?
it is interesting to read about someone's experience in this field,especially if it is 8 years of experience,please carry on
personally i will stay away from forex because for me, forex is more dangerous depending to trading crypto currency and if i do this, i will quickly get loss all of my money in the market. maybe i don't have the basic of trading, in all type of trading, but so far i only learn trading with crypto currency and btc-fiat. maybe if i think i am good enough in trading crypto currency, then i will trying to start trading forex.
but its a good for me to know that the OP have 8 years experience in forex so we can learn something from him. thank you OP, enjoy your day while you are here.
but its a good for me to know that the OP have 8 years experience in forex so we can learn something from him. thank you OP, enjoy your day while you are here.
Money management is by far the best thing actually to control self emotions and stop from being an idiot listening to our heart. It helps in listening to what our mind says is correct, in being calculative which is needed to succeed in forex or any other type of trading.
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