Calculating your risk win-lose rotio you can save a lot of mony in your losing trades and make a lot money then usually in your winer trades so Money Management Forex Books are important if you are going to trade professionally.
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Money Management: Controlling Risk and Capturing Profits – Money management is the process of analyzing trades for risk and potential profits, determining how much risk, if any, is acceptable and managing a trade position (if taken) to control risk and maximize profitability. by Dave Landry
Money Management Strategies for Serious Traders – Traders can typically describe the methods they use to initiate and liquidate trades. However, when forced to describe a methodology for the amount of capital to risk when trading, few traders have a concrete answer. by David Stendahl
