Hello To All
I have a very simple question for you experts, but for me it results very tuff to understand money management, I am a bit dump in mathematics. So for I need your guidance with practical examples may be in excel sheet in detailed, which could make my life easier to understand myself
For example: I want to open a live account with amount of 2000€ how could I maintain the account as a newbe during the learning period not losing too much. And keeping account balanced
Conditions: capital investment 2000€, if leverage is 1:200
1-how much max pairs I must trade
2-what lot size do I trade
3-what SL and TP I should set-up
I have only 3 question in my mind may be there are much more please help with this query to stay as long as possible in the market.
Thanks And Regards,
Moti
I have a very simple question for you experts, but for me it results very tuff to understand money management, I am a bit dump in mathematics. So for I need your guidance with practical examples may be in excel sheet in detailed, which could make my life easier to understand myself
For example: I want to open a live account with amount of 2000€ how could I maintain the account as a newbe during the learning period not losing too much. And keeping account balanced
Conditions: capital investment 2000€, if leverage is 1:200
1-how much max pairs I must trade
2-what lot size do I trade
3-what SL and TP I should set-up
I have only 3 question in my mind may be there are much more please help with this query to stay as long as possible in the market.
Thanks And Regards,
Moti