Money management

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    Money management

    Money management refers to one of the most important concepts in online trading. It is a concept that protects your trading capital from losing trades and it is the most important skill for trading.

    “Never risk more than 1% of your trading capital in a single trade” is a rule of thumb that, as simple as it is, can already help a new trader significantly to reduce his or her risk.

    An introduction to money management: