# Money Management Yang Cocok Untuk Pemula || Suitable Money Management for Beginner

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It's your rights to take profit, even 10-20% But, we give realistic and logical clues Start from 0.5% to 1%, then master it When you really mastered it, go to the next level. Don't be hurried to use real account Don't be fascinated with people who give.... Good morning ma'am Let's start this morning's class Before we go to the lesson, I'd like to ask. -"Sure, sir" What pair did you use in your other accounts? "Many. I like gold the most." -Are you focusing on one pair? "No. For your information, I ordered because I bought signals"

"Paid and free signals, I joined those things" To this day, how many MC or how much loss that you suffered? "1 MC" -So, you haven't find the right technique and being independent yet You only relied on people's clue, right? "Kind of like that" For the lesson, we'll do it in XAU However, we can also apply the technique on other pairs We only need to adjust the character of the pair What matters is know the basic technique how to read, order spot, and if the market turns Those are the points. We use XAU because the potential is bigger than the others It's neither too extreme nor too slow It's better than the other pairs. But, if you want to use other pairs, it's fine I recommend you to focus on a pair and learn the details Then, if we mastered it, we can change to the others But if possible, focus on a pair so you can learn the character it'd be so much better Just to make sure, do you have any plan? If you mastered it and ready for real account I'll calculate and simulate of how to count lot, durability, and etc. If you're ready with real account, how much is your budget? It's for doing the calculation and lesson, at least for an overview "2000, sir" If you're prepared the skills. The budget is 2000 We'll calculate the realistic one With 2000 dollars, we must know the technique, strategy, and lot Let's discuss the first topic, money and risk management Money management is related to budget control It's for using the budget and get the profit we hope for From the existing budget, we'll achieve profit What's the profit target? Do you have any daily profit target? If there's target, we can adjust it "Much, of course, but I still don't know" Let's say generally first, just your hope "100 dollars" I'll illustrate it so we can know what we must do Back to the topic, money management The budget is 2000 The target is 100 dollars The question is, is it realistic? Let's go back to skills 100 dollars is around 1.4 million rupiah

If 1 million per day, then 20 workdays is 20 millions Let's calculate it with a logical one 100 dollars : 2000 times 100 It's 5% The percentage of 100 dollars is 5% Is 5% make sense? It is But, it depends on the skills and experience Experience affects too. So, there are 3 choices First, we still haven't mastered it well, so we're beginners Beginners still can't analyze well and get profit continuously It means although there's loss, but the end is still profit We must learn in demo account first After the lesson's done, make a demo account with a budget of 2000 Don't use real account yet. Try and test it in demo account first For beginners, take around 0.5% to 1% It's for beginners, which means the experience is still not much This is the realistic and logical one It can be achieved by that condition If we can get in training continuously at least 3 months in a row and we're consistent in doing it 3 months isn't enough, but at least it's for practicing the technique If we're consistent in taking 0.5% to 1% per day surely at least we can go to the intermediate level Intermediate means we're consistent in taking 0.5% to 1% If not yet, we must learn again and use this as the target The phase is gradual. So, there's potential for taking 5%

but we won't survive long It means, we can get 5% or more in 1 or 2 weeks but I can't guarantee that it'll be consistent in a long time We don't hope to get profit in 2 weeks then MC We hope to be consistent so it can be our profit field So, there's beginner, intermediate, and advanced Intermediate is around 2-3% You must mastered this first, then you can go to the next level If this level is done but we can't get this consistently, go back introspect, evaluate, and correct it. It means we're still incapable If you can't do it in demo, don't do it in real account, you'd be ruined We don't hope for that. So, it must be done gradually Why it takes such a long time? It's a business that must be built, can't be done instantly It's different from gambling If gambling, we just place our bet, then wait and hope Only hope and dream. For this, it's full of calculation and analysis