Money management
What is money management?
Money management is one of the most important pillars for successful and controlled trading on the international financial markets. It helps you protect your money and avoid major losses. Unfortunately, this subject is not always afforded the importance it would deserve in trading.
Find some aspects below that should be observed when trading with real money professionally:
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Amount at risk per position
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Risked overall position risk
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Amount invested per position
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Maximum loss per day / week
However, these are just some of the parameters that need to be considered. Money management is a major building block in trading, which should be very individually adapted to your personal trading style and character.