You should give utmost importance to proper money management in your trading as a currency trader. Many learn a few forex trading strategies and jump into live trading. Most traders dont give much time to money management. When they lose a good portion of their equity, they realize the importance of money management. You dont need to do this.
The most important thing for you as a trader is to develop trading discipline. Discipline is the ability to plan your work and work your plan. Give your trade the time to develop without hastily taking yourself out of the trade because you are uncomfortable with the risk.
