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[QUOTE="FXOchartist, post: 313296, member: 90221"] Trading without money management is very bad to account, despite traders having profitable strategy but if trading without proper money management, one mistake could leading to margin call account. Should to understand we can't control the market, despite we expect the price to up, if the market telling down, hence we accept consequence of these risk losing money. There are three important points in forex to success, good trading strategy, good money management, and good psychology trading. Trading with FXOpen broker, I tries to always use risk management and smallest lot size, here I use 0.01 lot for safe trading low risk. [/QUOTE]
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