http://www.theforextrader.net/forex-money-management.php
And another reason to have appropriate money management is that in the beginning, you may make mistakes in your trading. So your losses in the beginning days may be higher than necessary.
That's why money management is important for any trading, including forex trading.
And another reason to have appropriate money management is that in the beginning, you may make mistakes in your trading. So your losses in the beginning days may be higher than necessary.
That's why money management is important for any trading, including forex trading.