This is one of the most important concepts you will ever read about trading. Why is it important? Our goal is to make money. We have managed to make money and we must learn how to manage it. This is one of the areas in the trade that usually anticipate. Many traders are just anxious to get it right into trading regardless of account size. They simply determine how much they stand to lose in a single trade and hit the traded button. There’s a term for this type of investment, it’s called gambling, and that’s when you trade without money management. Money management rules will not only protect you, it will make us very profitable in the long run. If you do not believe me and you think that gambling is the way that a man is rich, then consider the following example.
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