{"id":20156,"date":"2023-02-08T20:48:56","date_gmt":"2023-02-08T20:48:56","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=10645"},"modified":"2023-02-08T20:48:56","modified_gmt":"2023-02-08T20:48:56","slug":"forex-money-management-plan","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2023\/02\/08\/forex-money-management-plan\/","title":{"rendered":"Forex Money Management Plan"},"content":{"rendered":"\n<p>The best way to ensure you are staying on track with your money management strategies is to create a clear rule set and money management plan.<\/p>\n\n\n\n<p>This money management plan should include;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>#1: Calculate Your Acceptable Risk Per Trade<\/strong><\/h3>\n\n\n\n<p>There are two common methods to working out how much you want to risk per trade.<\/p>\n\n\n\n<p>The first is the fixed percentage method. With this method, you decide how many percent of your account you want to risk per trade, for example, 2%, and you continue to risk 2% as your account gets bigger or smaller.<\/p>\n\n\n\n<p>The second method is the fixed money method. With this method, instead of using a percentage of your account, you risk the same amount of money on each trade. For example, you might have a $5,000 account and choose to risk $250 on each trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The best way to ensure you are staying on track with your money management strategies is to create a clear rule set and money management plan. This money management plan should include; #1: Calculate Your Acceptable Risk Per Trade There are two common methods to working out how much you want to risk per trade. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[297],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/20156"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=20156"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/20156\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=20156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=20156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=20156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}