Most traders lose because they fail to appreciate the risks of forex trading and also make key errors in trying to manage them. Here we will give three crucial money management facts you need to be aware of to enjoy currency trading success.

1. Most Traders Lose Because they Over leverage

Today, most forex brokers will give you 200;1 leverage or even as high as 500:1 the new trader has no idea how much leverage to use on 1,000 I would say 10:1 is plenty for a novice trader.

If you leverage to high, you have to sit your stop in the way of normal daily volatility, or the noise of the market and the odds are against you wining and small random moves clip you out the market.

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