Do you think Money Management is Important?

[stimor]

there is no how you can be a business man without thinking on how much you are going to invest or not, a forex trader should know forex is full of risk so you have to use MM RULES.

[Hakunarilious]

there is no how you can be a business man without thinking on how much you are going to invest or not, a forex trader should know forex is full of risk so you have to use MM RULES.

MM rules come in many ways its just how you apply it and how the MM will affect your trading because some MM rules can cause your account to go haywire.

[kece]

money management is very important to measure the level of risk of loss that we will get what will be proportional to the level of profit that we will
get

[Toxic]

Money management plays a vital role in Forex Trading. Without it, its like a blind running while crossing a highway road. If he is lucky, he will survive and cross the road without any accident but if he luck doesn't plays its part, he will get crashed by some car or a truck.

In the long run, no one can be successful without a proper money management strategy.

[meauw]

Money management plays a vital role in Forex Trading. Without it, its like a blind running while crossing a highway road. If he is lucky, he will survive and cross the road without any accident but if he luck doesn't plays its part, he will get crashed by some car or a truck.

In the long run, no one can be successful without a proper money management strategy.

it is true money management is very important, I've never heard a forex trader is able to survive in a long time without using money management

[oscar]

use money management in forex trading activity will be able to restrict the trading account from get loss ..
always make it a habit to use money management to your trading account to trade still exist

[trix]

beginner traders, and senior trader also trades in accordance with the trading plan, using money management. it is the correct way of trading, and the road to success, because it can trade with discipline

[fareeha]

Yes it is very important for both newbie's and experts because it is not an easy job to do so you must plan and manage everything before you implement.

[standgunz]

Money management is very important in a trading . Without a sound money management, trader will not be able to try to open properly.

[venkiaries61]

To some traders they dont even need to use Money Management because some of them know the trend and maybe they already know the next impact direction.

Honestly,do you think is it that important?

Yes, money management is very important. Even if the trader know the impact direction. Then its not correct all the time or market show small reversals. In that time, the trader who use large lot size, should get lose. So, MM is always important for Forex trader. Let us discuss.