I think everybody can agree that money management is very important to trading forex and many have failed because they didn't had a good management.
So, who has a money management plan, what are the things to know about money management? 2-3% risk per trade and a total of 10% on all the trades is the only thing that should be respected on money management? That's it? What else?
Do you have more rules regarding lot size based on time, news or something else?
So, who has a money management plan, what are the things to know about money management? 2-3% risk per trade and a total of 10% on all the trades is the only thing that should be respected on money management? That's it? What else?
Do you have more rules regarding lot size based on time, news or something else?
Try hard, think fast, die young