So, without some of the money management you can not do.
You should note that you always have in stock must be some method for the effective management of available money from you, your task - not to lose them, and multiply. And there are traders who take positions at the same time do not even think about what amount of funds they can use, and they do not suggest what size of profits they can get. This tactic also tactics, but on condition that you have little capital. If a pair of deals you will fail, then all of your capital will quickly turn to zero.
There are techniques such as multiple contracts. It is used when you open a few positions in the market, using different tools. If all goes well, you will make a profit. Both profits and losses in this case will be very powerful, so before you open such a position should analyze the situation on the market.
A fixed amount - this is also another method of work in the Forex market. It is as follows: Depending on how much money you have on deposit, depending on how much money you can take a chance, you decide to open a position is better for it, or abstain. This way, you can also define a certain amount, and that is to make transactions.
There is also a method of money management, as a fixed percentage of capital. Here you define not the amount by which to conduct business, as a percentage of capital.
Do not forget to carry out reconciliation of profits and losses. So you should keep these statistics, even if you are a professional and experienced trader. Then you will be able to trace the connection between your successful deals and establish the cause of your losing trades.
The moving average method - the most preferred method among all traders. This is a major signal to the opening position. If the short curve just above the long, then you can open a position. They would then be profitable. If the short curve is below the long, it's best not yet open, and wait for a more opportune moment.
There is also a risk management practices.
You're always at risk of losing and profit, and your deposit. So it must be different methods to insure.
* Do not forget to stop - orders.
* Invest in a deal only part of their deposit.
* Engage in trade according to the trend.
* Control your emotions.
You can use the binding order, which is called Stop-loss, that is the exit point from the transaction, if the situation is for you to take an unfavorable turn. Such an order you need to put more and because he will be able to warn you from unnecessary loss positions.
Also use the original stop - signal, which determines the size of the deposit or the percentage that you can and are willing to lose. If the price starts to move in the opposite direction from you, the position will be closed as unprofitable.
Sometimes useful is a warrant for the removal of profit, that is, as soon as a result of the transaction you get the estimated profit, your position is closed. This helps you avoid trouble in the future.
Before you spend a position analysis of the situation in the market, then you will be guaranteed to keep the deposit and its increase.