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Money or risk: Which management is important?

Posted: 15 Aug 2023, 16:28
by ADAIR
It's important to draw a clear comparison between money management and risk management in the financial market, especially in forex trading, which is highly competitive and risky. To succeed in foreign currency trading, it's crucial to have proper money management skills and a clear understanding of the sources and uses of our funds to achieve our trading goals. Risk management also helps safeguard our wealth by mitigating the risk of losing money. Money and risk management are equally important for success in forex trading.

Re: Money or risk: Which management is important?

Posted: 25 Aug 2023, 14:31
by Travis
To make money, traders should use proper money money management systems so if they are fit for using money management, then they can take sufficient risk. But anyone new here can use FreshForex broker's account manager as they are very talented and professional.