Forex Money Management: an effective risk management on the Forex Market

Money Management - you have certainly heard these words before, some people describe it as managing money, but I prefer to call it risk management. Every game concerning money, and Forex is this kind of a game, carries risk. The risk of losing capital is really high in Forex. Entering this market without preparation, and I do not mean your 6- or 12-months’ experience gained with a demo account, is doomed to failure. You will be automatically pushed to the position of a donor of capital. For...