The Chonchy
-
Proper Money Manangement may be the holy grail for trading
There are 101 theories out there on how one can profit in forex, stocks, oil and more. I personally believe that there is 1 theory which is essential and critical. Proper Money Management. ( MM for short ) MM is all about knowing what exactly are you risking per trade and making sure that risk is acceptable to your capital. If you pray, sweat, scream while trading, you are probably risking more than you should.
- Comments
- Comment
- Subscribe
- Comment #1
- Jul 28, 2009 10:34pm Jul 28, 2009 10:34pm
- chonchy
- Joined Aug 2007 | Status: The Bitcoiner | 8 Comments
- Comment #2
- Jul 28, 2009 10:36pm Jul 28, 2009 10:36pm
- trading801
- | Commercial Member | Joined Aug 2008 | 0 Comments
- Comment #3
- Jul 28, 2009 11:58pm Jul 28, 2009 11:58pm
- altrader
- | Joined Jul 2008 | Status: Happiness can only come from within | 1 Comment
- Comment #4
- Jul 29, 2009 6:22pm Jul 29, 2009 6:22pm
- Alexgee
- | Joined Dec 2008 | Status: Show me the money!!! | 11 Comments
If only I knew then what I know now...
- Comment #5
- Jul 29, 2009 10:34pm Jul 29, 2009 10:34pm
- trading801
- | Commercial Member | Joined Aug 2008 | 0 Comments
- Comment #6
- Jul 31, 2009 8:48am Jul 31, 2009 8:48am
- trading801
- | Commercial Member | Joined Aug 2008 | 0 Comments
- Comment #7
- Aug 9, 2009 6:14am Aug 9, 2009 6:14am
- trading801
- | Commercial Member | Joined Aug 2008 | 0 Comments
- Comment #8
- Aug 9, 2009 2:47pm Aug 9, 2009 2:47pm
- chaotic_b
- | Joined Mar 2009 | Status: Junior Member | 0 Comments