Tuesday, November 8, 2011

Money Management in Forex

Even if you master every possible method of market analysis and will make very accurate predictions of future behavior of the Forex market, you will not earn much money without a proper management strategy. Managing capital market Forex (as well as on any other financial market) - a comprehensive set of rules that you develop based on their trading style and amount of capital. Money management plays an important role in making a profit on Forex; do not forget about it. To get more information about money management, you can read the following books:
  • Mathematics of Money Management
  • Intraday trading

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