Money management in trading

Having covered risk and risk management in trading, let’s focus on the next important part of the systematic trading process. It is time for you to learn more about Money management.

Topics overview:

  • What is Money management?
    • Before you proceed to real trading you have to learn more about money management and ask yourself a few important questions:
    • What is your profit target?
    • How much can you afford to lose?
    • How much risk you can cope with?
    • What is the probability of reaching your maximum loss levels?

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