more than the common axiom that all traders losing money, is the real culprit of most problems and disagreements in forex. 15, 2013 /PRNewswire/ Forex Peace Army President Dmitri Chavkerov advises traders to trade consistent amount of money in order to achieve consistent trading results. Though both methods are powerful, geometric money management has a slight edge over the linear money management system. So you put 50,000 on each trade. If they don't get this, they go somewhere that will. Since we have been involved in Forex, we have seen numerous websites that purport to present unbiased information on forex brokers. So while many want to blame the broker, it may just not be their fault. There are two ways you can grow your money in forex trading.
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Forex Peace Armys Dmitri Chavkerov comes up with an explanation to his stand as to why exponential money management is better. This way each pip is equal to 5, so if you win, your account goes up by 550250, and if you lose, your account goes down by 550-250. You need to trade with consistent amount of money, so that the monetary results of each trade are consistent, says Dmitri Chavkerov, CEO of Forex Peace Army. However, such scenario is highly unlikely in the real world. We can certainly apply this most powerful force to trading forex.
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