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Moneymanagement

SIZE MATTERS ! ! ! - MONEY/RISK MANAGEMENTThe temptation of bigger lots is something all traders experience in some parts of their journey. Yes the wins can be nice but the losses can be even greater and damaging. The benefits outweigh every time!!! MOVE BIG RANGE We cannot emphasize enough the benefits of breaking down lot sizes to micro lots to learn how to move and maneuver the range in a volatile market. Small lots allow you to do this. MORE FLEXIBILITY The flexibility to add to positions or get better entries is only possible when account is not exposed. Smaller lots give you the flexibility to chop and change and add to positions. Allowing you to move big ranges and making changes throughout the move. POWER OVER FEAR Bigger lots exposes our accounts, which makes decision making very hard due to fear of loss and blown accounts. Small lots allow you to control and manage fear throughout the process. STRONG PSYCHOLOGY Having power over your fears is the greatest feeder to a strong psychology for a traders mindset. String psychology allows a trader to build consistent performance and profits. LIVE TO FIGHT ANOTHER DAY The ability to get second chances is something everyone can appreciate in life. Smaller lots allow you to make mistakes and try again. Hope some of our new traders find this information useful. Please do like, comment and follow to support our work. We really appreciate it! GoldView
OANDA:XAUUSDEducation
by Goldviewfx
1
BASIC MONEY MANAGEMENT - LOT SIZE VS REVERSAL AND ACCOUNT SIZEWe see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this reversal. Trading with the right lot sizes allows a trader to manage their account/money when the trade goes against them. The right size allows a trader to move a range without blowing their account and without seeing their account reverse to the point of no equity. This type of trading gives traders anxiety and in return this anxiety impacts trading psychology. This then has a ripple effect and impacts your trading decisions and analysis. The example we show on the chart is an entry of SELL that reverses by 380 PIPs. This movement happened in literally 2 candles (1hour candles) , so in two hours the price from entry reversed by 380 pips. This example then shows what this equates to in monetary value dependent on lot sizes. The example shows that anyone with a £500 account trading this movement with a lot size of 0.20 would have blown their account. Lot size usage should be based on the size of your account for example; £500 size account - we will only use 0.01 size lot sizes with maximum deployed total no more than 0.05. This will allow an account to survive volatile movements. Also using stop losses ontop of this setup further strengthens the risk management. £1000 size account - we will use 0.02 lot sizes with maximum deployed total no more then 0.10 any given time. £2000 size account - we will use 0.03 lot sizes with maximum deployed total no more then 0.30 any given time. £5000 size account - we will use 0.06 sizes with maximum deployed total no more then 0.50 any given time. Basically 0.10 for every £!000, as the total deployed usage allows us enough flexibility of movement on the chart and then using stop losses ontop of this, gives us further control of our money management. We hope this quick basic insight helps some of the newbies better manage their lot size usage. Please like, comment and follow us to support our work, we really appreciate it! GoldView
OANDA:XAUUSDEducation
by Goldviewfx
16
MANA! Swing set up MANA, With fb news we might see this bad boy going up to 35$. Long term even higher. This long term Investment. Don’t miss out. Falls In our research on swing set ups with a good ratio of Risk and Reward. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss out next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference.
COINBASE:MANAUSDLong
by JhonMontana
4
EURUSDHey Traders, in this session we're monitoring EURUSD for a selling opportunity around 1.1598 area, i'm bullish on USD this week for most pairs, once i will notice any bearish confirmation the trade will be executed. it's very necessary to take money management in consideration in this type of trades since market movements are more violent on bigger frames comparing to small time frames. also remember to risk 1% of your account size at each trade. 1% means 100 losing trades in a row will knock you out from the market which more unlikely. but if you trade without money management and you risk 20% 25% we're not talking about forex we talk about gambling and we talk about 4-5 losing trades in a row will knock you out from the market. Trade safe, Aim big, risk small. Joe.
by JoeChampion
ADA, wealth creation Swing Set up,We hearing slot news about ADA, We been making great % gains previous set ups, check them out. We might see a ATH, with such a great demand for this technology. The Risk and Reward is great the trend is great. Don’t miss next research trade, follow us. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference.
BITTREX:ADAUSDLong
by JhonMontana