To get a perfect forex principles play necessarily know how to manage the funds in your account, it is vital not only for the professional Trader Forex Trader all must master in order to win over long journey. This article guides how Money management integrated into the trading plan (Trading plan) of each Trader
1. Control the volume of each transaction This is the most basic steps of the capital management Money Management, which is located off-digit losses given before the command, based on the amount of capital available in the account, assume the existing $ 5,000 and set the level of risk 2% / orders which they will reserve a maximum of $ 100 for Stoploss hit situations. Sauddos if winning trade account rose to $ 10,000, the 2% is $ 200, so calculations before placing orders.
2. Identify Stoploss point (stop loss) and profit taking (Take Profit) This can only help analyze new techniques are, in particular you need to use tools fluent Japanese candlestick patterns and the psychological level, extremely strong resistance at which when broken, the price reversed order find a hole cut in fact point to experience a certain amount of time, approximately 1 year or more new jobs were defined standards. Besides, the city is beneficial item profitability, many new players Trader forex account real profit on his short game while being backward-wave bear. Note: For combinations with a maximum loss of points Stoploss, Stoploss example, the maximum is $ 100 if a trading opportunity to take higher risk $ 100, do not participate, stand outside the market.
Strategy game is moving average crossover on 1H / 15M, reliability is 70%, entry only if the profit target: target failure (reward: risk) is greater than 1.5, for example: In one month there are 10 signs.
Such words 7 times, 3 times the hole.
3 times the hole = 3 x max loss = $ 300.
7 times the word = 7 x 1.5 x max loss = $ 1,050.
Final word 1050 - 300 = $ 750, ie 15% return on investment (750/5000 = 0:15) a month, this is a relatively good words.
When mature, the increased capital investment and all keep up the rate, according to the words so that $ is increased.
Exclusions include:
1. News (not about to trade when there is news, just trade after news of at least 15 minutes),
2. Other pairs (the other pairs to authenticate each other, one sign alone is dangerous)
3. Date of the transaction (some inappropriate hours of the day, despite the setup command, for example after 23 o'clock at night is very volatile, or after 10 pm and 6 etc., depending on the play).
