Money Management in Forex Trading: Strategies and Rules for 2023

According to the statistics, not more than 10% of traders manage to become profitable on the long-term horizon and practically 90% of traders do not use any definite strategy in managing their funds. These figures mean that modern traders lack experience and few of the majority think about what money management is, which eventually leads to the loss of the invested funds in the long term. The economists along with other traders, scientists, and financiers urge all investors not to forget how important money management is in trading.

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